UDK: 004.738

Solomij FEDUSHKO

candidate of economics, assistant professor, National University «Lviv Polytechnic»

Tetjana LUKASHENKO

Senior lecturer, Lviv National University named after Ivan Franko

Sofia KHRABUST

student, National University «Lviv Polytechnic»

BACKGROUND, EVOLUTION AND TRENDS OF DEVELOPMENT OF THE INTERNET COMMUNITIES AT THE PRESENT STAGE

The article deals with process of forming the essence of the notion of «Internet community» and its preconditions, the stages of its development, the advantages in organizing various types of social interactions, and the prevention of the dissemination of negative information in social networks.

Full Article in Ukrainian

UDK: 330.34:338

Lesya O. GARYAGA

Candidate of Economics, Associate Professor, Cherkasy Institute of Educational and Scientific Research at the University of Banking

Sergii KOLODIY

Doctor of Economics, professor, Cherkasy Institute of Educational and Scientific Research at the University of Banking

Mukola RUDENKO

candidate of economics, assistant professor, Cherkasy Institute of Educational and Scientific Research at the University of Banking

Talyat BELYALOV

candidate of economics, assistant professor, Kyiv National University of Technology and Design

METHODOLOGICAL APPROACHES OF ECONOMIC SECTOR DEVELOPMENT INDICATORS RESEARCH

The methodological approaches of the study of the indicators of the development of the sec- tors of the economy (for example, the financial sector) have been researched in the article. The basic factors of influence on the financial market have been determined and the main methodical tools of technical analysis have been described. The comparison of the differences between the use of fundamental and technical analysis to the study of the financial market have been done. It has been substantiated that the basic methods of analysis (fundamental, technical, fractal, intuitive) are fundamentally different approach to solving similar financial and market problems. The integrated combination of basic methods for analyzing the indicators of the development of the sectors of the economy has been allowed to get the most complete picture of the future, since the use of the above methods is separately limited in nature.

Full Article in Ukrainian

UDK: 330.8

Sergii KOLODIY

Doctor of Economics, professor, Cherkasy Institute of Educational and Scientific Research at the University of Banking

Svetlana KOLODIY

PhD-student, SHEI «Banking University»

INSTITUTIONAL THEORY AS A MANIFESTATION OF EUROPEAN TRADITIONS OF PLURALISM IN MODERN ECONOMIC SCIENCE

The article is devoted to the consideration of the theoretical foundations of institutional economic theory, which emphasize the features of the modern development of economic science in Europe and the world. The paper highlights the trends in the development of modern economics and identifies signs characteristic of economic theory at this stage. The basic economic categories that constitute the theoretical core of modern institutionalism are identified and described.

Full Article in Ukrainian

UDK: 658.14

Kateryna ORYEKHOVA

candidate of economics, assistant professor, Kharkiv Education-Scientific Institute of SHEI «Banking University»

Sanan SHABANOV

Swiss State Secretariat for Economic Affairs (SECO) (Baku, Azerbaijan)

PROVIDING PERFORMANCE BUSINESS ACTIVITY IN CANADIAN COMPANIES

This publication investigated the impact of capital structure choice on firm performance activity in Canada. Short-term, long-term and total debt ratios were employed as capital structure determinants. In order to estimate regression properly, control variables were taken, such as firm size, growth, asset tangibility and turnover ratios. Measuring the business activities effectiveness in Canadian firms was performed using the fol- lowing indexes: return on assets (ROA), return on equity (ROE), and market-based measure (Tobin’s Q). According to the results of the regression analysis, it was installed that in Canada capital structure does not impact on ROE; capital structure has an impact on ROA and Tobin’s Q. Proposed approach will allow increasing the management effectiveness in Canadian com- panies.

Full Article in Ukrainian

UDK: 330.341.13

Tetjana NOVIKOVA

candidate of economics, assistant professor, Kharkiv Education-Scientific Institute of SHEI «Banking University»

M. V. PASHKEVYCH

student, Kharkiv Education-Scientific Institute of SHEI «Banking University»

INNOVATIVE ACTIVITY OF THE ENTERPRISE IN THE FINANCIAL SAFETY SYSTEM MANAGEMENT OF THE ENTERPRISE

This article discusses the problems of innovation in the enterprise in the financial security management system. Analyzed the theoretical and methodological provisions and approaches to innovation in the financial security management of PJSC «Kharkiv Biscuit Factory». Identified and justified the need for the concept, the role and importance of innovation in the financial security management system of the enterprise, and the main factors that affect it, as well as the introduction of the main ways to improve innovation to ensure the financial security of the enterprise.

Full Article in Ukrainian

UDK: 334.012.64

T. M. BOLGAR

Doctor of Economics, assistant professor, Alfred Nobel University

O. S. HARTSUIEVA

student, Alfred Nobel University

MODERN TENDENCIES OF MODERNISATION OF DOMESTIC SMALL BUSINESS UNDER CONDITIONS OF UNCERTAINTY

In the article is considered modern state of functioning of small business under conditions of uncertainty, the factors of influence on the modern state of small enterprises in Ukraine are analyzed and educed. Directions of stimulation of development of domestic enterprises were certain on the basis of experience of the developed countries and the ways to ensure an effective existence and modernization of structures of enterprise were set in modern conditions of managing.

Full Article in Ukrainian

UDK: 336.7

Hanna M. CHEPELIUK

Candidate of Economics, Associate Professor, Cherkasy Institute of the State higher educational institution "Banking University"

FINANCIAL SECURITY OF THE BANK: MANAGEMENT AND INFLUENCE FACTORS

The article considers the key aspects of ensuring financial security of a bank in the context of managing financial stability taking into account risks, as well as external and internal influence factors.

Full Article in Ukrainian

UDK: 336.1.07

Vitalii ZORIANSKYI

PhD-student, SHEI «Banking University»

A CHOICE IS ADJUSTING ORGAN IN THE CONDITIONS OF INTENSIVE DEVELOPMENT OF FINANCIAL INSTITUTES

The feature of Ukraine's financial system is the domination of banking institutions, while stock markets remain underdeveloped. Therefore, non-bank financial institutions need to synthesize new products for the sake of competitiveness and combinations of new lines of activities with Fintech. This is not always within the control of the regulator, and sometimes and generally carried out without any control. Therefore, the key task of the modern stage of development of the financial market of Ukraine is to increase the quality of control by market participants. First of all, it is necessary to take into account foreign experience in the regulation of financial institutions, as well as to choose a single regulator, which will carry out licensing, supervision, control over their activities.

Full Article in Ukrainian

UDK: 336.717.111:336.711.65

Svitlana B. YEGORYCHEVA

Doctor of Economics, Associate Professor, Poltava University of Economics and Trade

FINANCIAL INCLUSION IN THE FRAMEWORK OF CRIMINAL PROCEEDS LEGALIZATION AND TERRORIST FINANCING COUNTERACTION SYSTEM

The concept of financial inclusion is characterized, its role in ensuring the integrity of the financial system is determined. The problems of its deepening in the conditions of functioning of criminal proceeds legalization and terrorist financing counteraction system are revealed. The feasibility of a risk-based approach to increase financial inclusion is proved. The international experience of implementing a risk-oriented approach in identifying and studying of clients as well as introducing basic financial products has been researched. The possible directions of its use in Ukraine are determined.

Full Article in Ukrainian

UDK: 331:25

Vira VARTSABA

Doctor of Economics, professor, State University «Uzhgorod National University»

Olga ZASLAVSKAYA

candidate of economics, assistant professor, State University «Uzhgorod National University»

CURRENT POLICY OF PENSION REFORM IN UKRAINE: PROBLEMS AND PROSPECTS

The article deals with practical aspects of the functioning of the pension system of Ukraine, identifies the key problems and risks of pension reform policy. It was analyzed the activity of the Pension Fund of Ukraine; attention was focused on the necessity of a search of new sources of its financing and financial stability increase. There were substantiated the necessity of reforming the solidarity pension system, creation of a cumulative system of compulsory state pension insurance and development of a voluntary non-state pension provision system.

Full Article in Ukrainian

UDK: 336.71-047.27(477)

Кonstantin ZATVORNYTSKYI

PhD-student, SHEI «Banking University»

CRITERIA FOR ASSESSING THE QUALITY OF THE BANK᾿S LOAN PORTFOLIO

Were reviewed theoretical and practical aspects of loan activities of Ukrainian banks considering influence of external and internal factors. Were investigated existing approaches and criteria of stimating quality of loan portfolios by banking institutions of Ukraine and Europe. Was conducted quality analysis of the loan portfolio of the banking system of Ukraine by the criteria «profitability — risk» with the help of coefficien t analysi s an d wa s prove d th e benef it of usi ng t he integrat ed coeffic ient for estimating quality of banks᾿ loan portfolios.

Full Article in Ukrainian

UDK: 338.48.001.76

Volodymyr HUMENIUK

Doctor of Economics, assistant professor, Ivano-Frankivsk National Technical University of Oil and Gas

Sviatoslav KIS

Doctor of Economics, assistant professor, Ivano-Frankivsk National Technical University of Oil and Gas

Bohdan HRECHANYK

candidate of economics, assistant professor, Ivano-Frankivsk National Technical University of Oil and Gas

HOTEL AND RESTAURANT BUSINESS IN THE COORDINATE SYSTEM OF THE VALUE BASED MANAGEMENT

The article considers the general theoretical, the methodological and practical aspects of the value based management in the sphere of hotel and restaurant business. It shows the main stages of the management formation, determines the place and the role, the main methods and technologies of its realization. There has been performed the comparative analysis of the value based management in hotel and restaurant business from the viewpoint of revealing of its gist, economic nature, forms, structure, content, applied usage.

Full Article in Ukrainian

UDK: 658.153.012.7

Alla KASYCH

Doctor of Economics, professor, Kyiv National University of Technology and Design

Yana POPOVA

student, Kremenchuk Mikhailo Ostrogradskyi National University

Alona POLOSINA

student, Kremenchuk Mikhailo Ostrogradskyi National University

Anna SHAHMAYEVA

student, Kremenchuk Mikhailo Ostrogradskyi National University

STRUCTURAL ANALYSIS OF REVERSAL ASSETS MACHINE-BUILDING ENTERPRISES

The article investigates structural features of the current assets of the enterprise. The emphasis is on the need to deepen the analysis of stocks and inventories, which will enable to form a more qualitative information base for management decisions on current assets. In order to improve the quality of inventory research, it is suggested to use a structural analysis that enables us to determine the role (proportion) of current assets, stocks and inventory in the assets of the enterprise, to investigate the structure of stocks and trends of structural changes that determine the need of the enterprise in material resources, and therefore in working capital . For analysis, Ukrainian machine-building enterprises were selected, which are characterized by high material-intensive production and require implementation of a more effective policy in this field. Synthesis of the main indicators of the studied enterprises allowed to determine the main trends in the formation of working assets and the use of inventories. Structural distortions concern: an overestimated share of current assets in the assets of the enterprise, indicating imbalances in assets; an increase in the size and proportion of receivables for sold products, which limits the company's ability to replenish working capital. It is emphasized the importance of taking into account foreign experience in developing a management policy for circulating assets, as enterprise-sector leaders have somewhat different structural haracteristics of assets and current assets. The key indicators of property structure have been worked out on the example of foreign enterprises, which are competitors and industry leaders. There are significant discrepancies in the structural characteristics of both assets and stocks, which means new target benchmarks for the policy of managing current assets in the long run.

Full Article in Ukrainian

UDK: 004.738.5:316.454.56-049.5

Nataliya M. PANTIELIEIEVA

Cadidate of Technical Sciences, Associate Professor, Cherkasy Institute of the State higher educational institution "Banking University"

Gregory KABENGELE

student, Cherkasy Institute of Educational and Scientific Research at the University of Banking

CYBERBULLYING AS A THREAT TO THE PSYCHOLOGICAL AND SOCIAL SECURITY OF THE INDIVIDUAL AND SOCIETY ACTIVITY

The article discusses the problem of cyberbullying as a new form of the threat to the psycho- logical and social security of the individual and the transformation of its socialization. The own clarifying of the concept of “cyberbullying” and the preconditions for its occurrence (psychological and social) are given. The typology of cyberbullying as a threat to the psychological and social security of the individual is systematized. The trends and international character of cyberbullying are provided. The article presents the practical recommendations for its prevention and counteraction in the system of individual’s psychological and social security according to institutional, normative-legal, socio-risky, axiological and organizational and managerial aspects.

Full Article in Ukrainian

UDK: 336.77

Natalia VASYLIEVA

student, Institute of Postgraduate Education Kyiv National Taras Shevchenko University

SCIENTIFIC AND PRACTICAL APPROACHES TO BUILDING BANK CREDIT RISK MANAGEMENT SYSTEM

Article explored instrumental basis of credit risk management. Conceptual approach to modeling of bank credit risk management system was identified. A structure of such management system is presented which is based on such [approach]. A requirement to integrate bank credit risk management system into process of risk management to process large volumes of information, optimization of bank departments’ work, increase of work potential and quality of information dissemination.

Full Article in Ukrainian

UDK: 336.748

Dj. ZAYNALOV

Samarkand Institute of Economics and Service

S. ALIYEVA

Samarkand Institute of Economics and Service

THE INFLUENCE OF INFLATION ON THE VITAL ACTIVITY OF A SOCIETY IN THE CONDITIONS OF A DYNAMICALLY DEVELOPING ECONOMY

In this article, the authors show the consumer price index (CPI) as the main indicator of inflation in the consumer sector of the country. It is noted that in dynamically developing conditions, inflation is most clearly expressed and deter- mined by the increase in prices. The scheme for calculating the consumer price index and inflation index through the relationship between them is shown and justified.

Full Article in Ukrainian

S. ABDIBEKOV

The Republic of Kazakhstan, Almaty

N. KALMANOVA

The Republic of Kazakhstan, Almaty

DIRECTIONS OF SUSTAINABLE DEVELOPMENT OF AGRARIAN INDUSTRY COMPLEX

Sustainable development of agricul­ture is considered as a foundation for the develop­ ment of the national economy, so AIC is one of the priority sectors of the economy. For the determination of the present state of ag­riculture have been analyzed following indicators: agricultural output and its structure, agricultural productivity. The result of analysis identified the growth of volume of agricultural production, productivity. Based on the analys of the main indicators and theoretical research we identified the main direction of sustainable development of agribusiness.

Full Article in Ukrainian

UDK: 005.35

Nataliya V. TKACHENKO

Doctor of Economics, Professor, Institute of Postgraduate Education Kyiv National Taras Shevchenko University

Nina LOSOVSKA

PhD-student, Chernihiv National Technological University

THEORETICAL PRINCIPLES OF FORMING BUSINESS SOCIAL RESPONSIBILITY

The current stage of economic development is characterized by the development of business social responsibility as one of the integral components of successful functioning of business structures, which interconnects the activities of enterprises with the society and is one of the most important factors on the path to economic development of both individual enterprises and the domestic economy as a whole. The article investigates the approaches to corporate social responsibility. The approaches of well-known European organizations and the founders of the discussion about the social responsibility of business are analyzed. The question of the concept formation of social responsibility is considered; its components and ap- proaches to ensuring its effectiveness are considered.

Full Article in Ukrainian