Modeling the Process of Financing Small Organizations

Most small business organizations are constantly lacking financial resources. This situation is associated with a small amount of own funds and the difficulty of raising borrowed funds. In the prevailing conditions, the need for well-founded financing management, this ensures the stable financial condition of a small organization, increases. Modeling the process of financing an organization allows you to consider different financing options, to influence the most significant factors in a particular situation. It is proposed to use the cognitive approach for dynamic management of the financing process and the choice of a rational variant based on the logit model. Determination of the degree of influence of various factors is proposed to be determined using correlation-regression modeling. With the help of the proposed modeling of the financing process of a small organization, it is possible to forecast positive changes in financial performance

Unbalanced Liquidity Management Evaluation of the Russian Banking Sector

The monetary policy content both in the world and in Russia is changing. The past five years confirm that banking systems are experiencing unprecedented influence of both external and internal macroeconomic factors.Autonomous factors in the banking sector liquidity formation are factors that are not related to the Central Bank operations for its management. However, at present, there are no studies related to the study of the autonomous factors influence on the banking sector liquidity.This article presents a model that fills this gap. We use this model to answer a number of theoretical questions: how is the influence of autonomous factors on the banking sector liquidity carried out and in what stages of development are their manifestations stronger?The calculated model is able to test hypotheses that are informally discussed in political and academic circles. Based on the objectivity of the model, one can estimate the reliability of each of the hypotheses put forward in this study.For calculating the model, time series were used for each day for the period 2013-2016, taken at the site of the Central Bank of Russia.On the basis of the panel regressions device it is shown that among the autonomous factors of liquidity formation the largest impact on the Russian banking sector liquidity is made by the change in balances on the accounts of the enlarged government with the Bank of Russia.The conducted research will allow the Central Bank to forecast the banking sector demand in liquid funds, taking into account the autonomous factors influence

Financial management of small organizations based on a cognitive approach

In most cases small business organizations insufficiently justify economic calculations for the formation of financial resources, which adversely affects their sustainable development. Under the current circumstances, the need for sound financial management increases, which ensures a stable financial status of the organization and the prospects for increasing its value. The aim of this paper is to identify the conditions for the dynamic financial management of small organizations based on a cognitive approach. The proposed cognitive model allows establishing the mechanism of mutual influential factors of internal and external environment on the effective use of financial resources. Using the proposed model, it is possible to forecast changes in financial results.peer-reviewe

Determinants of the savings market in Russia

The main component of the bank’s efficient operations is a sufficient amount of deposit resources. The sharp devaluation of the national currency, the unstable situation of banks, and a significant number of bankruptcies adversely affected the propensity of the subjects to save. In the banking sector, a critical situation has developed when depositors, having lost confidence in banking institutions, began to withdraw money from deposit accounts, and in the crisis, this issue becomes the most important, because the massive withdrawal of deposits significantly worsens the liquidity of banks. With that in mind, the purpose of the article is to consider the main trends and prospects for the savings market development in Russia.The article analyzes the strengths and weaknesses of Russia’s savings market. Using banking statistics, similarities and differences in the savings market are shown, based on determinants such as the share of deposits in bank liabilities; the volume of deposits in national and foreign currencies, the role of leading banks; number of accounts; the volume of guaranteed deposits; and banking conditions. The study focuses on an empirical analysis of the relationship between gross savings and banking variables such as demand deposits, interest spread, and the bank capital to assets ratio. The domestic market of household savings is analyzed. This conclusion is also made visible as a result of the correlation-regression experiment

Development of long-term financing of innovative small companies

The subject of the research is financial relations in the process of financing innovative small companies. The purpose of the work is an analytical assessment of the conditions for long-term financing of innovative small companies using systematic, economic and statistical analysis, which ensures the integrity and comprehensiveness of the study. Increasing the role of innovative small companies in the process of digital transformations is an urgent task in modern transformations of society. The analysis revealed the problems of long-term financing of innovative small companies, since most of the methods are focused on short-term financing of such companies. The conditions of investment opportunities for innovative companies are considered in detail on specific examples. The article notes that the conditions for effective management of long-term investments depend on the various stages of development of innovative companies. The practical purpose and scientific value of the article lies in the construction of a holistic and logical representation of the use of various methods of financing high-tech companies. It is concluded that it is necessary to provide institutional financial support for innovative development and an integrated approach to long-term financing of innovative small companies

Growth of financing opportunities for small and medium-sized businesses in the digitalization of the economy context

The subject of the study is the methods of financing small and medium-sized businesses based on the use of investment platforms. The purpose of the article is to study the mechanisms for investing in small and medium-sized businesses in the digital economy based on a systematic approach. The article reveals the problems of lending to small and medium-sized businesses that hinder business development in modern conditions. Emphasis is placed on the mechanism of using investment platforms. The role of using crowdfunding technology is revealed. It is an affordable way to finance the activities of companies that do not have a credit history and collateral for obtaining a loan from banks. The stages of the investment process based on the use of the investment platform are outlined. The advantages and disadvantages of investment platforms for financing small and medium-sized businesses have been identified. A detailed analysis of the most common investment platforms in Russia has been carried out. It is emphasized that the study of positive and negative aspects in the system of crowdfunding relations should have a favorable impact on this direction of financing and provide investment platforms with a significant influx of investors

Identification of the risks of consumer credit cooperatives

Various types of classification of risks of credit consumer cooperatives have been considered. The author’s approach to the classification of cooperative risks based on the account of losses associated with risk situations has been adduced. It has been proposed to carry out a quantitative risk assessment, which is demonstrated by the example of the assessment of various types of savings risk. Directions of reduction of risks of losses of credit consumer cooperatives have been designated. The necessity of identification of risks of credit consumer cooperatives for substantiation of strategy and tactics of cooperative development has been emphasized

INTERNATIONAL EXPERIENCE OF BANK SUPERVISION BY USA FEDERAL RESERVE SYSTEM AND THE ACTIVITIES OF THE CENTRAL BANK OF THE RUSSIAN FEDERATION

The article is devoted to the international experience of bank supervision. Namely, it is about the main principles of banking regulation in the United States. It describes the supervisory practice in different countries and the fundamental problem of the Russian banking sector