MODELING OF SYSTEM FACTORS OF FINANCIAL SECURITY OF AGRICULTURAL ENTERPRISES OF UKRAINE

Natalia V. TRUSOVA

Professor at the Department of Finance, Banking and Insurance, Dmytro Motornyi Tavria State Agrotechnological University, Melitopol, Ukraine

n.trusova@tanu.pro

Oleksandr S. PRYSTEMSKYI

Professor at the Department of Accounting and Taxation, Kherson State Agrarian and Economic University, Kherson, Ukraine

prystemskyi5612@unesp.co.uk

Oksana V. HRYVKIVSKA

Head of the Department of Economics, European University, Kyiv, Ukraine

oks.hryvkivska@uohk.com.cn

Alina Zh. SAKUN

Associate Professor at the Department of Accounting and Taxation, Kherson State Agrarian and Economic University, Kherson, Ukraine

sakun5395@national-univesity.info

Yurii Y. KYRYLOV

Professor at the Department of Public Management and Administration, Kherson State Agrarian and Economic University, Kherson, Ukraine

prof.kyrylov@tanu.pro

Abstract

The article considers the process of modeling of systemic factors of financial security of agricultural enterprises of Ukraine. The methodology of complex, systematic assessment of fiscal security and mathematical tools in the deterministic space of the financial system of enterprises are substantiated. A systematic approach is used, which determines the quantitative and qualitative parameters of external and internal threats, identifies the threshold interval of stable financial condition and stable development of agricultural enterprises. Systemic factors of stimulating and disincentive character for an estimation of financial safety of the agricultural enterprises are developed. A set of indicators for the analysis of the state of the functional components of financial security, provided by the process of neutralization of real and potential threats to the stable potential of financial security of enterprises is determined. The expediency of normalization of indicators is substantiated, their threshold values, weights and capital structure are taken into account when calculating the integrated level of financial security. It is proved that the introduction of systemic factors in the general level of financial security allows increasing the level of financial stability and reliability of agricultural enterprises.

Keywords: financial security, potential of financial security, efficiency, threats, agricultural enterprises, financial condition, financial balance.

JEL classification: G01, G21, G32, H12, Q14

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TOTAL QUALITY MANAGEMENT IN PUBLIC SECTOR, CASE STUDY: CUSTOMS SERVICE

Panagiota DIONYSOPOULOU

Dr., Director General of Tourism Policy, Ministry of Tourism, Adjunct Professor School of Social Science, Post-graduate courses, ”Tourism Business Administration Msc, Hellenic Open University (HOU)

yoldi63@gmail.com

Georgios SVARNIAS

Msc. In Public Economic and Policy

georgesvarnias@yahoo.com

Theodore PAPAILIAS

Professor at the Department of Accounting and Finance, University of West Attica

thpap@uniwa.gr

Abstract

This current article aims to investigate the questions that are related to the existence of the contexts of the New Public Management and the implementation of the principles of the Total Quality Management and, on the other hand, the quest of the choices that have to be adopted, investigating as a case study the Customs Service. In Greece, we could realize for the first time evidence of TQM in the L.2880/2001/FEK 9-3.09.2001 “Programme Politeia for the reform and modernization of the Public Management and other provisions”. Later on, the L.3230/2004/FEK-44.02.2004 “Establishment of a system of management with the target of the measurement of the efficiency and other provisions” was voted. Since then, other provisions have been voted that regulate matters of implementation of the procedures of NPM and of TQM in the public sector. A perch is taken by the L.4336/2015/FEK94.24-08-2015, which states the basic strategic lines for the reform of the administrative structures and procedures, the streamline of the human resources and also the transparency, the accountability, as well as the prevalence of the electronic governance. The Customs, since the 1st of May 2017 belongs to the Independent Authority of Public Revenue (IAPR). It is shown as the characteristic example of the study for implementing the Total Quality Management and illustrates at the same time the weaknesses and the strengths.

Keywords: Total Quality Management, New Public Management, Customs, Organizational and Managerial Systems

JEL classification: M1, M15, M16, M19

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TECHNOLOGICAL CHANGE, TECHNOLOGICAL CATCH-UP AND MARKET POTENTIAL: EVIDENCE FROM THE EU REGIONS

Dimitris KALLIORAS

Associate Professor, Department of Planning and Regional Development, University of Thessaly, ORCID ID: 0000-0003-3060-3745

dkallior@uth.gr

Nickolaos TZEREMES

Associate Professor, Department of Economics, University of Thessaly,ORCID ID: 0000-0002-6938-3404

bus9nt@uth.gr

Panayiotis TZEREMES

Assistant Professor, Department of Accounting and Finance, University of Thessaly, ORCID ID: 0000-0002-0746-3839

tzeremes@uth.gr

Maria ADAMAKOU

PhD Candidate, Department of Planning and Regional Development, University of Thessaly

madamakou@uth.gr

Abstract

The paper examines the way(s) market potential affects the EU regions’ technological change and technological catch-up. The analysis refers to a sample of 263 NUTS II EU regions and covers the period 1995-2008 (i.e. prior to the outburst of the economic crisis). On the basis of the latest advances of nonparametric frontier analysis, and in the presence of dynamic effects, time-dependent conditional nonparametric frontiers are developed. The incorporation of the dynamic effects of the EU regions’ market potential conditions, allows for modelling the corresponding effects on technological change and technological catch-up. The findings of the paper provide valuable insight to both theory and policy-making, revealing that, within the integrated EU space, market potential acts as a technology-initiating factor, creating asymmetric effects and leaving a distinct “spatial footprint” with respect to the processes of technological change and technological catch-up.

Keywords: technological change, technological catch-up, market potential, EU regions, nonparametric frontier analysis

JEL classification: C14, O3, R11

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