101 research outputs found

    To assess the investment policy and investment activity of banks of Russia

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    A priority to increase the profits of banks is investment operations in the stock market. Investment banking includes activities on raising capital using capital market instruments with the objective of capital appreciation. The article describes the investment objectives of the banks to improve their profitability, financial stability and enhance the effectiveness of the whole. The basic tools that enable banks to achieve the relevant objectives: profit, risk diversification, the maintenance of liquidity. For detail assessment of investment activities of banks analyzed the composition and structure of banks’ investments in debt and equity instruments of the stock market. Also presents a brief analysis of the investment preferences of commercial banks, in respect of those instruments, which are typical for the current economic situation in the country

    Analysis of the Institutional Transformation of the Russian Financial Market Control System by Creating a Mega-regulator

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    Increased competitive position of the financial market is one of the priority goals of national economic growth and clear-cut ascendancy of the state in the global economic space. The paper discusses one of the key problems of the financial market development and performance, namely, the policy of its regulating. This paper has also specified the stages of the financial market management system reformation, which allow to estimate the level of supervision integration for Russia over the period from 1991 to 2015. The study outcomes have showed that till the end of 2013 in Russia there was the sectoral supervision model, according to which the management was provided by areas of activity. The paper describes the system of the single regulatory authority functioning in the financial market as the improvement of its management policy. Moreover, the paper has determined the principles which are the basis of the mega-regulator performance such as independence, transparency, responsibility, collegiality, uniformity of the application. The advantages and the results of the financial mega-regulator performance were analyzed and powers of the Bank of Russia as a basic regulator of the financial market. Keywords: Financial market, management, control, financial mega-regulator JEL Classifications: G23, G3

    Simulation of an outpatient-department clinic

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    This study has demonstrated that it is possible to extend the application of quantitative methods to aspects of OPD's functioning other than the appointment system. To prove that point it has not been necessary to collect much more information than what is needed to change an appointment system. In any case, the little extra effort required is more than compensated by the valuable insights provided by the simulation of a different work organization. Moreover, the relative insensitivity of results to changes in assumptions reveals that the latter are secondary elements whereas work organization is a primary factor and deserves careful attention. We do not mean that our conclusions about parallel treatments are directly applicable to any Dental Clinic nor that a modified work organization should produce ""miracles"" in any type of Clinic. We rather mean that the above results should be an encouragement towards a better use of data and a more ambitious way of formulating the problems that should and can be solved

    Volatility and investment parameters of the national stock market

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    In the period of crisis phenomena in the national and world economies, increasing the relevance of the analysis of the degree of volatility in the market value of the securities. This article describes an approach to modeling the effect of a wide range of factors on the volatility of the stock market. As indicators of volatility, change is the set of indicators characterizing the state of the national economy, stock and currency market conjuncture and dynamics of commodity markets. Investment activity requires constant analysis of volatility and rating instruments of the securities market that allows you to better shape the investment portfolio from the point of view of liquidity, risk and profitability of the investment object. The most common and numerous tools portfolio investors are corporate securities, particularly stocks. The action is very flexible, so its price may for a month to vary by several tens of percent. Therefore, the main reason for the purchase of shares is a profit opportunity due to its volatility, which is the main reason that attracts investors and other professional market participants. The greatest interest attracted to stocks that have a high rating. Shares of companies with high criterion values are the most important investment parameters: liquidity, profitability, and reliability. These companies are quite different, the size of the share capital, net asset value, profit. Shares of the largest companies called the action “first tier” or “blue chips” (“bluechips”). The article presents data characterizing the current state of the stock market, considered the investment options of the stock market. Revealed macro — and microeconomic factors that influence the volatility of the stock

    Simulation of an outpatient-department clinic

    No full text
    This study has demonstrated that it is possible to extend the application of quantitative methods to aspects of OPD's functioning other than the appointment system. To prove that point it has not been necessary to collect much more information than what is needed to change an appointment system. In any case, the little extra effort required is more than compensated by the valuable insights provided by the simulation of a different work organization. Moreover, the relative insensitivity of results to changes in assumptions reveals that the latter are secondary elements whereas work organization is a primary factor and deserves careful attention. We do not mean that our conclusions about parallel treatments are directly applicable to any Dental Clinic nor that a modified work organization should produce ""miracles"" in any type of Clinic. We rather mean that the above results should be an encouragement towards a better use of data and a more ambitious way of formulating the problems that should and can be solved
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