Corporate education system as a factor of ensuring modern companies’ financial stability

Purpose: This article aims to identify the role of corporate universities opened by large holdings for their employees’ effective training as a part of the company’s mission implementation and ensuring business financial stability strategy. Design/Methodology/Approach: To implement flexible project management of the companies’ financial stability, a concept of corporate university development is presented on the grounds of a competency-based approach. Main emphasis of the competency-based approach is aimed at the labor functions performance and establishment of a correlation between competence and labor efficiency of employees. Findings: Methods and techniques of corporate education are aimed at creating human capital development optimal model, ensuring the company’s financial stability. Practical Implications: The study results were tested as part of a corporate retraining program for the specialists at the “Russian Railways” company in Rostov-on-Don. Participation in corporate university programs allows employees responding quickly to market changes. Originality/value: Main contribution of this study is to create an algorithm for transmitting the company's strategy to all management levels. The tools for key changes in the company’s organizational and financial management system are formed at a corporate university.peer-reviewe

Targeting the principle implementation in the system of social support

Purpose: The article aims to identify the actual problems of implementing the principle of targeting in the social protection system in Russia and to develop a set of measures to transform the mechanism of its provision based on a differentiated approach, which implies not only differences in the size of social transfers, but also on various forms of such support. Design/Methodology/Approach: As the basic approaches of the study there were chosen the theory of social investment and the conception of result-based budgeting. The study suggested the development of a more effective financial support system, the substantiation of a differentiated approach to the organization of a social system based on a single method by determining the degree of financial vulnerability of citizens and the development of methodological recommendations on the use of financial instruments to strengthen the targeting of social protection of needy citizens. Findings: The article substantiates that the necessary condition for the transformation of the social protection system to strengthen the social and financial security of needy citizens is the development of a differentiated approach in the provision of social support measures. Practical Implications: The results of the study can be implemented into the management of social protection in order to improve its efficiency and effectiveness by using the targeting of social transfers based on clear criteria of need, the differentiated approach implementation in determining the measures of social support through the use of "map of social support of citizens", expanding the application of social contract technology. Originality/Value: The set of measures proposed in the study will make it possible not only to adjust and direct social support to really needy recipients and to differentiate the volume of the support provided, but also to create conditions for the recipients of targeted protection to self-sufficiency, which, in turn, will contribute to the poverty reduction.peer-reviewe

To the Question of the Assessment of Ecological Comfort of the Climate

The article is devoted to the discussion of the advantages of assessing the environmental comfort of the climate, based on the natural features of the climate and the bioclimatic conditions of the territory. The study assessed the ecological comfort of the climate in the city of Taganrog on the basis of the developed original sequence of performing three stages of assessing the totality of bioclimatic indicators with the final calculation of the values of the integral indicator of the bioclimatic comfort of the climate. The results of the assessment showed, according to the average long-term climatic data, the presence of sub-comfortable climates with a tendency to transition to comfortable climate conditions in the warm period of the year. The cold season was distinguished by uncomfortable conditions according to long-term average climatic data. Modeling calculations of the possible risk to the health of city residents in the presence of concentrations of suspended solids in the surface air layer, together with carbon monoxide, exceeding the maximum one-time values by more than 7 times, showed that the development of possible resorptive or carcinogenic effects in these circumstances will occur in 1/3 the population of the city. The prospects for the assessment of the ecological comfort of the climate, which allow in the future to adequately calculate the magnitude of environmental risks to public health caused by pollution of the surface air layer, are shown

Financial engineering of infrastructure projects : the concessional mechanism

Purpose: The article considers the model of financial engineering, in which financial resources for an infrastructure project are formed based on syndicated loans. Design/Methodology/Approach: The study is based on modern concepts of uncertainty and risk management theories and the concept of digital economy. It includes a system and diagnostic analysis, methods of financial analytics as well as quantitative and qualitative risk assessment methods. Findings: Authors analyzed the investment in the infrastructure projects development in the Russian Federation. The railways' export potential is analyzed and determined to depend on coal and container terminals. Authors highlighted the need for business consolidation and new infrastructure projects based on technologies of digitalization in the transport industry, reviewed the strategic importance of concession agreement for the construction of “Northern Latitudinal Railway”. Practical Implications: The research findings revealed that implementation of large infrastructure projects is capable to render breakthrough effect on GDP and economic growth rates of the Russian Federation. The adjusted experience could be introduced in the transport framework of the Russian Federation and abroad. Originality/Value: The main contribution of this study is in the highlighting features of concessional mechanism in the framework of large infrastructure projects.peer-reviewe

Clustering in light nuclei in fragmentation above 1 A GeV

The relativistic invariant approach is applied to analyzing the 3.3 A GeV $^{22}$Ne fragmentation in a nuclear track emulsion. New results on few-body dissociations have been obtained from the emulsion exposures to 2.1 A GeV $^{14}$N and 1.2 A GeV $^{9}$Be nuclei. It can be asserted that the use of the invariant approach is an effective means of obtaining conclusions about the behavior of systems involving a few He nuclei at a relative energy close to 1 MeV per nucleon. The first observations of fragmentation of 1.2 A GeV $^{8}$B and $^{9}$C nuclei in emulsion are described. The presented results allow one to justify the development of few-body aspects of nuclear astrophysics.Comment: 7 pages, 8 figures, 3 tables, Nuclear Physics in Astrophysics-2, 16-20 May, 2005 (ATOMKI), Debrecen, Hungar