Techniques for assessing the investment attractiveness of a commercial organization based on classical methods of strategic economic analysis

Purpose: The development of methodological support for assessing the investment attractiveness of a commercial organization, considering modern information requests of stakeholders. Design/Methodology/Approach: As part of the research, the authors have developed an algorithm for investment attractiveness assessment of a commercial organization by using the scenario method of economic analysis. Findings: It is proved that the main disadvantages of the existing methods of assessing investment attractiveness are: the lack of strategic orientation of the assessment; ignoring the influence of most external and internal factors of activity; the inability to assess the risk of investing in the analyzed object; the need to compare with the level of investment attractiveness of similar organizations for an objective interpretation of the results. Practical implications: To eliminate the significant shortcomings of modern methodological support in this area, the authors recommend the use of scenario method of strategic economic analysis in the process of assessing the investment attractiveness of the organization. Originality/Value: The scenario method of strategic economic analysis proposed by the authors complements the existing approaches with the ability to take into account potential risks when making a far-sighted decision to invest in an organization by combining the results of retrospective analysis and forecasting changes in the quantitative and qualitative characteristics of financial and economic activity.peer-reviewe

Principles of forming a modern accounting and analytical model of commercial organization in digital economy

Purpose: The article presents basic methodological approaches to the creation of a new model of forming and functioning of the accounting and analytical system to meet the information needs of internal and external stakeholders of organizations. Design/Approach/Methodology: Substantiation of the principles of building a system for accounting and analytical information management that meets current conditions for the business functioning using modern hardware and software. Findings: The developed model of cascade functioning of organization’s information support system optimizes the structure and content of accounting and analytical modules, contributes to the effective implementation of management functions, timely control and rapid response to the impact of negative factors. Practical implications: The principles of information flow management system constructing formulated in the article contribute to optimization of expenses for organization of accounting and analytical functions, improvement of quality of financial and non-financial reporting, realistic assessment and forecasting of business efficiency. Originality/Value: The proposed new model for constructing an accounting and analytical information base allows to improve the procedures of collection, processing, storage and disclosure of financial and non-financial information, to create a balanced structure of the database on the basis of cascade digitization of primary and derived data.peer-reviewe

Financial Controlling as a Function of Managing an Organization’s Strategy

The subject of the paper is methodological approaches, tools and methods of controlling for the of forming and implementing purpose to a company’s strategy based on a comprehensive retrospective analysis, realistic budgets and business plans, and assessing the impact of aggressive environmental factors. The study’s goal is to improve the system of information and analytical support of controlling functions in the strategic management system. A set of General scientific, analytical, economic methods and tools used to study the management system of economic entities is used to substantiate the scientific hypothesis, methodological provisions within the research topic, generalize the empirical base, and develop practical proposals for improving the mechanism and managing of the strategic controlling. There was used a complex of analytical and economic methods and tools used to study the system of managing the economic activities of economic entities. This has been made to substantiate the scientific hypothesis, methodological provisions, generalize the empirical base and develop practical proposals for improving the mechanism and organization of strategic controlling. For the theoretical basis development, there was expanded the author’s definition of financial controlling is proposed, and the classification of types of strategies to ensure the financial stability of the organization. In terms of the practical orientation of the research results, which have a universal character and can be used in enterprises of various spheres of business activity, proposals for improving the information and analytical system of strategic controlling are formulated

Modern trends of development of economic Analysis Methods

The focus of this paper is on the improvement issues of the theoretical foundations of economic analysis, on the development of its instrumental framework and practical use of economic and mathematical methods in the study of the costs of industrial organizations. One of the main directions of creating an effective management system for industrial organizations is the formation of a high-quality information and analytical base, of which the methodological basis for the analysis should be improved in terms of using the whole set of classical and new methods of economic-mathematical toolkit. On the basis of its classical methodological toolkit, the development of the scientific foundations of economic analysis should be enriched by modern methods, types, and directions of the studies of economic processes and their results at all levels of management. The intensification of the search for the new opportunities of the existing tools of economic analysis and the emergence of fundamentally new methods in its arsenal is determined by their practical relevance. The article attempts to adapt the classical correlation economic-mathematical method of analysis and use it to solve the practical management task of ranking cost items to form an objective view of the impact of their nature and structure on the levels of assortment margin and full profitability of a production organization. The mechanism of using the correlation-regression method of economic analysis offered in the article is sufficiently versatile and for the necessary management purposes it allows ranking the costs associated with the production and sale of products, to form objective information about the structure and levels of variable and fixed costs in the retrospective and predictive aspects that gives the opportunity to assess the aggregated and detailed indicators of marginal profitability of the organization realistically as a whole and for various objects of calculation

Data Integration Dimension for the Preparation of Integrated Reporting

The article justifies the conclusion that there are three different approaches to defining the boundaries or perimeter of integrated reporting, within which the perimeter of integration is defined, the main elements of the integrated are structured and linked: the «weak» union, the «strong» connection and, finally, the connection in the «narrow» sense. On the basis of the conducted research on 10 major Russian organizations, the degree of coherence of the presented integrated financial statements for 2016 was evaluated. Specifics of ensuring transparency and coherence of the integrated reporting of Rosatom State Corporation were studied in detail. The conclusion is substantiated that the «weak» connection used in it is directed more toward revealing common strategic guidelines for the near future. However, it does not provide a proper clear understanding of all the key components of creating economic added value. A possible solution to this problem may be a revision of the approach to the formation of the perimeter of integration towards the «strong» connection

Assessment of the investment attractiveness of innovative companies using the scenario method

© 2019 International Business Information Management Association (IBIMA). Relevance. The innovation market in Russia today is actively developing. At the same time, the activity of the inflow of financial resources largely depends on the objectivity of the mechanism for evaluating investment attractiveness. However, to date, research on the investment attractiveness of innovative companies is practically absent. Quite a number of theoretical and methodological issues remains unresolved, in particular, those related to the ambiguous interpretation of the terminological apparatus of this scientific area, the justification of adequate methods for evaluating the effectiveness of investments in the innovation segment of the economy, the formation of information and analytical support for the procedures for evaluating the investment attractiveness of innovative companies. Objective: Improving information and analytical support for analyzing and evaluating the investment attractiveness of commercial organizations based on reforming and updating methods and practices of economic analysis, information gathering and conversion processes that facilitate the adoption of sound management decisions by participants in the investment process.Research methods: In the research process, general scientific and economic-statistical methods were used: analysis and synthesis, systematization, modeling, synthesis to substantiate theoretical propositions and practical recommendations aimed at improving the methodological apparatus for analyzing and evaluating the investment attractiveness of commercial organizations.The results achieved and the research significance: The article suggests ways to improve the methodological apparatus for analyzing and evaluating investment attractiveness based on the scenario approach, allowing to provide interested stakeholders with objective information regarding the risks and benefits associated with investing capital in innovative business

Analysis of innovation activity of enterprises in modern business environment

The article discusses the question of the possibility of the business community to implement mechanisms for the development of its structure. The authors show that in the process of historical transformation are implemented opportunities for market entry and process of improvement activities. The authors show that every company can produce a range of innovative products and its innovative principles transform of striving for improvement in the need to innovate. The subject of research is itself innovative activity of the organization, and the possibility of its integration in market conditions. The novelty of this study is the assumption that the innovation activity of the enterprise does not depend on the amount of goods produced and the number of shipped innovative products. The main indicator is the amount of revenue from goods that are produced on the basis of a new technological cycle. In the course of the work are analyzed the statistics and formed the algorithmization of actions to increase the share of innovative products The authors show and this is the basis for further research that the advancement and increase of the share of innovative products determines the possibility of development of a qualitatively new setting and identifies opportunities for technological and, consequently, the social capital of a certain territory. © 2017, by ASERS®Publishing. All rights reserved

Assessment of the investment attractiveness of innovative companies using the scenario method

© 2019 International Business Information Management Association (IBIMA). Relevance. The innovation market in Russia today is actively developing. At the same time, the activity of the inflow of financial resources largely depends on the objectivity of the mechanism for evaluating investment attractiveness. However, to date, research on the investment attractiveness of innovative companies is practically absent. Quite a number of theoretical and methodological issues remains unresolved, in particular, those related to the ambiguous interpretation of the terminological apparatus of this scientific area, the justification of adequate methods for evaluating the effectiveness of investments in the innovation segment of the economy, the formation of information and analytical support for the procedures for evaluating the investment attractiveness of innovative companies. Objective: Improving information and analytical support for analyzing and evaluating the investment attractiveness of commercial organizations based on reforming and updating methods and practices of economic analysis, information gathering and conversion processes that facilitate the adoption of sound management decisions by participants in the investment process.Research methods: In the research process, general scientific and economic-statistical methods were used: analysis and synthesis, systematization, modeling, synthesis to substantiate theoretical propositions and practical recommendations aimed at improving the methodological apparatus for analyzing and evaluating the investment attractiveness of commercial organizations.The results achieved and the research significance: The article suggests ways to improve the methodological apparatus for analyzing and evaluating investment attractiveness based on the scenario approach, allowing to provide interested stakeholders with objective information regarding the risks and benefits associated with investing capital in innovative business

Analysis of innovation activity of enterprises in modern business environment

The article discusses the question of the possibility of the business community to implement mechanisms for the development of its structure. The authors show that in the process of historical transformation are implemented opportunities for market entry and process of improvement activities. The authors show that every company can produce a range of innovative products and its innovative principles transform of striving for improvement in the need to innovate. The subject of research is itself innovative activity of the organization, and the possibility of its integration in market conditions. The novelty of this study is the assumption that the innovation activity of the enterprise does not depend on the amount of goods produced and the number of shipped innovative products. The main indicator is the amount of revenue from goods that are produced on the basis of a new technological cycle. In the course of the work are analyzed the statistics and formed the algorithmization of actions to increase the share of innovative products The authors show and this is the basis for further research that the advancement and increase of the share of innovative products determines the possibility of development of a qualitatively new setting and identifies opportunities for technological and, consequently, the social capital of a certain territory. © 2017, by ASERS®Publishing. All rights reserved