Academic literature on the topic 'Company management specifics'
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Journal articles on the topic "Company management specifics"
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Otinashvili, Ramaz. "Security in Company Management." Works of Georgian Technical University, no. 2(520) (June 25, 2021): 67–75. http://dx.doi.org/10.36073/1512-0996-2021-2-67-75.
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To neutralize the danger associated with business management there is a special security service in the management system of successful companies the structure of which depends on the nature and scale of the business. A medium-sized security service consists of four structural divisions: 1. Security; 2. Operative; 3. Analytical; 4. Technical. In each, depending on the specifics of the activity , up to 1 or 10 employees can be employed. Every business has its general and specific challenges. The main challenge still comes from direct competitors. Rivalry often transcends civilized boundaries and escalates into physical or other confrontation, especially if there is a new "player" in the segment. In the advanced countries of the West, in addition to state security institutions, there are private detective and detective organizations, news agencies, studying scientific and consulting centers, which provide various services on a fee-for-service basis. Coordination of state law enforcement agencies and private security structures is sophisticated. There is created a special body, if necessary and it harmonizes their activities. It would be nice to transfer this practice to Georgian conditions.
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Lysytsia, Nadiia, Yuliya Byelikova, and Maryna Martynenko. "Gender specifics of emotional intelligence as a resource for successful HR- management." Economics of Development 19, no. 2 (July 6, 2020): 33–43. http://dx.doi.org/10.21511/ed.19(2).2020.04.
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Competitive advantage of any successful company is qualified personnel and intellectual capital. Thus, the work of HR-management specialists significantly affects the formation of human resources potential and hence the competitiveness of modern enterprises. In conditions of information economics, information about HR managers is in demand. Together with professional competences HR managers should use emotional intelligence which can help them to achieve success. Gender specifics of economic specialty students emotional intelligence is not studied enough that substantiates the topicality of the article. In connection with the above mentioned, research related to the study of key professional competencies and emotional intelligence of HR- managers is of particular importance. New technologies for managing behavior of employees appear every decade. As a result, new models of managerial behavior are becoming necessary, which would contribute to the development of new mechanisms for managing people. The aim of the article is to identify gender specifics of the emotional intelligence of economic specialty students as potential workers in the field of HR- management. The object of the research is phenomenon of emotional intelligence in the process of HR management. Hall’s methodology was used to assess students’ emotional intelligence. Results of emotional intelligence research conducted by Hall’s methodology allowed the authors to determine practical value of gender specifics of emotional intelligence in HR management. Gender specifics of such components of emotional intelligence (EI) as emotional awareness, management of own emotions, self-motivation, empathy, management of others’ emotions, general emotional intelligence have been analyzed. Cluster analysis has been made and allowed the authors to reveal groups of clusters among students with gender specifics of EI which may be regarded as resource for successful HR- management.
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Pletneva, Nataliya, and Vadim Koshcheyev. "Logistics of a Building Company: Specifics and Methods of Logistics System Management." Applied Mechanics and Materials 725-726 (January 2015): 1013–18. http://dx.doi.org/10.4028/www.scientific.net/amm.725-726.1013.
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The article reveals the specifics of logistics in operation of a building enterprise, which specifics determine the most essential means by which logistics influences a building enterprise’s efficiency. Depending on the types of influence several logistics strategies have been proposed for this kind of work. A sequence has been elaborated of how to tackle the principal tasks in a building company. Simultaneously, their essence has been shown and the methods of addressing the said tasks have been structured. Relevant techniques have been devised for controlling operational and managerial logistics processes at a building enterprise with employment of a balanced indicator system format. For managing operative logistics activities in the system of key logistics indicators, accounting is proposed for fulfilled, current and prospective orders for logistics servicing of the building process. Considered are different options of resolving the problem of integrating the management of inter-functional and inter-organizational logistics coordination with a format of the balanced indicator system.
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Palchuk, Oksana, Lesya Kononenko, and Valerii Mytsenko. "Information Support of Innovation Management in the Accounting System." Central Ukrainian Scientific Bulletin. Economic Sciences, no. 4(37) (September 28, 2020): 228–35. http://dx.doi.org/10.32515/2663-1636.2020.4(37).228-235.
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The article specifies the scope of innovation as an object of accounting. The constituent elements of the innovation management system, their essence and features of interaction in terms of impact on the creation of accounting and information support for innovation management are studied. It is proved that the formation of the accounting and information system depends, first of all, on the specifics of innovation processes, features of activities and motivation of innovation companies, resources and instruments available to the company to carry out these activities. The peculiarities of the formation of accounting objects of information support are determined.
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Aitalieva, V. V., and M. O. Panasyuk. "THE SPECIFICS OF CORPORATE CULTURE MANAGEMENT IN A FOREIGN SUBDIVISION OF MCDONALDS COMPANY." Business Strategies, no. 11 (January 1, 2016): 1. http://dx.doi.org/10.17747/2311-7184-2016-11-1.
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KOGAN, Anton B., and Alina N. PRISTAVKA. "Company performance measurement systems: History and prospects." Economic Analysis: Theory and Practice 20, no. 1 (January 28, 2021): 81–106. http://dx.doi.org/10.24891/ea.20.1.81.
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Subject. The article considers the most well-known Performance Measurement Systems, i.e. Strategic Measurement Analysis and Reporting Technique (SMART), Balanced Scorecard System (BSC), Integrated Dynamic Performance Measurement System (IDPMS), Performance Prism System (PPS), Dynamic Multi-Dimensional Performance Model (DMP). Objectives. We focus on identifying the specifics of the analyzed systems and determining the direction of their development. Methods. The study employs general scientific methods. The specifics of efficiency measurement systems are described and compared by a single set of parameters (the composition of stakeholders, whose interests are taken into account, practical applicability, dynamic adaptability, the presence of links between strategy and technological operations, innovation, etc.). Results. We analyzed the said efficiency measurement systems, described their strengths and aspects that need to be developed in further research. The findings can be used to create a system to measure the performance of Russian manufacturing and trading companies that produce goods for individual consumers. Conclusions. The systems like SMART, BSC, IDPMS, PPS and DMP are significant developments that help companies achieve their goals. These systems are universal. They serve as a methodological framework for creating a particular system for measuring a company's performance, taking into account its industry-specific requirements. These systems enable to solve some economic and management problems, but do not allow, for example, to determine the optimal business model of the company. It is appropriate to develop efficiency measurement systems by incorporating the value-based management principles.
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Barbarskaya, Marina, Alla Larkina, and Elena Trubchaninova. "Management of the production potential of a construction company." SHS Web of Conferences 55 (2018): 01014. http://dx.doi.org/10.1051/shsconf/20185501014.
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The paper is devoted to the management of the production potential of a construction company. The importance of the production potential as one of the most significant elements of the organization resource base is substantiated in the article. Theoretical foundations of the concept of “production potential” and the element structure of the production potential are considered. The management of the production potential is considered from the point of view of the system approach. Taking into account the specifics of the construction sector, the structure of the managing subsystems, such as the target, supporting, managed and managing ones, is represented. The implementation of management decisions in the system of management of the productive potential is to ensure an increase in the management effectiveness of all elements of the production potential, contribute to its further development, and enhance efficiency of a construction company as a whole.
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HUAN, WEI, A. S. MELNIKOV, and A. V. KOLESNIKOV. "SPECIFICS OF PURCHASING MANAGEMENT IN CONDITIONS OF TOTAL DIGITALIZATION." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 3, no. 5 (2021): 92–99. http://dx.doi.org/10.36871/ek.up.p.r.2021.05.03.015.
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The purpose of the article is to determine the specifics of purchasing management in conditions of total digitalization. Based on the synthesis of concepts and research trends, activities in the management of pro-curement of material resources are identified, which contribute to the effective activities of business entities, digitalization priorities and effects in the procurement process. The article summarizes the advantages, ad-vantages and disadvantages of centralized, decentralized and mixed models of the organization of the pro-curement management system, taking into account the timing, identity of contracts, delegation of procurement functions, accuracy of order satisfaction, reduction of risks of bureaucratization and corruption. Vector zones of digital transformation of conditions and scope of procurement, intensity of climate change in the company, integration of intellectual, technological and efficient procurement process for the business as a whole are defined. It is emphasized that the system of digital procurement through machine training significantly trans-forms the procurement process, contributing to the prompt selection of the right type of competition, the iden-tification, definition and recognition of proven (law-abiding), customer-oriented suppliers, the identification of criteria for the optimal market price and the formation of conditions for effective purchase.
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Chykurkova, Alla, Taras Hutsol, Oleg Kucher, and Mariia Melnyk. "Conceptual approaches to analysis and assessment of efficiency of joint stock company functioning." Turystyka i Rozwój Regionalny, no. 14 (July 16, 2020): 55–67. http://dx.doi.org/10.22630/tirr.2020.14.18.
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Effectiveness of a joint-stock company is realized through the skills and ability to take into account the wishes and needs of stakeholders and the organization in full. This work is based on the alignment of performance criteria with the organization’s strategy and capabilities. Management plays a key role in this process. It is they who must understand what the shareholders, customers, employees, lenders, and regulators want from the company, and that each category requires organizations to meet their own needs. At the same time, the performance measurement and management system should be flexible enough to be transparent and able to keep track of processes occurring within the organization and stakeholder engagement. The activity of a joint-stock company includes general elements and special elements that arise from the specifics of the company’s operation. The peculiarities of the activity of the company are due also to industry trends, which are partially derived from specific elements of management. In this regard, when identifying problems of functioning of joint-stock companies of the dairy industry, it is necessary to take into account the specific nature of their activity.
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Sokol, Volodymyr, Mariia Bilova, and Oleksii Kosmachov. "Typical functionality, application and deployment specifics of knowledge management systems in IT companies." Vìsnik Nacìonalʹnogo unìversitetu "Lʹvìvsʹka polìtehnìka". Serìâ Ìnformacìjnì sistemi ta merežì 8 (December 5, 2020): 45–54. http://dx.doi.org/10.23939/sisn2020.08.045.
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The work is focused on features of knowledge storage and its reuse in companies whose activities are related to software development. The concepts of knowledge, knowledge management and knowledge management systems from the standpoint of their usage in an IT company are given. It is determined that organizational knowledge is divided into explicit, which can be presented in the form of a letter, instructions, reference book, etc., and implicit, which exists only in an employee's mind directly and cannot be easily extracted. The main goal of knowledge management is formed, which is the organization of processes of creation, storage, acquisition, transfer and application of knowledge. The main strategies of knowledge are described, including the creation of knowledge, storage and retrieval of knowledge, transfer and exchange of knowledge, application of knowledge, examples of their use in software development. The characteristics of the knowledge management system is given as an information system that is designed to improve the efficiency of knowledge management of the organization. This system allows to solve problems related to the variety of software projects in which the IT company is involved. The main structural components and functions of knowledge management systems are identified, which include search tools, content and interaction management tools, data storage tools and mining tools, as well as group and artificial intelligence tools. The features of the usage and implementation of knowledge management systems at the work of small and medium-sized IT companies on the example of the Academy Smart Ltd are analyzed. The emerging issues of implementation of the system and success factors are considered. The features of the knowledge management process in Academy Smart Ltd is given, conclusions about efficiency of this organization are made, according to what the directions of the further researches are formed.
Dissertations / Theses on the topic "Company management specifics"
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Adámek, Ondřej. "Specifika vedení a řízení spolupracovníků ve stavební firmě." Master's thesis, Vysoké učení technické v Brně. Fakulta stavební, 2013. http://www.nusl.cz/ntk/nusl-225986.
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My thesis is focused on the theme "The specifics of leadership and management of associates in the construction company”. First section describes the construction, building company and its surroundings. Than it deals with theories of associates leadership and management and employee motivation theories. In the practical part it examines to what extent the specificity of construction reflects in the personal and professional relationships among colleagues.
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Cobbenhagen, Jan. "Managing innovation at the company level a study on non-sector-specific success factors /." [Maastricht : Maastricht : Universiteit Maastricht] ; University Library, Maastricht University [Host], 1999. http://arno.unimaas.nl/show.cgi?fid=6964.
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Grigorovová, Petra. "Specifika personálního řízení v multinacionální společnosti." Master's thesis, Vysoká škola ekonomická v Praze, 2009. http://www.nusl.cz/ntk/nusl-11043.
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This thesis explores specific aspects of human resource management in an international environment. The purpose of the thesis is to analyse some of HR activities in an multinational organization and to provide recommendations to challenging areas in company Concur.
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De, Villiers Dirk Christiaan. "Determining the value of a new company with specific reference to the real option pricing theory." Thesis, Stellenbosch : Stellenbosch University, 2002. http://hdl.handle.net/10019.1/52759.
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Thesis (MBA)--Stellenbosch University, 2002.Some digitised pages may appear illegible due to the condition of the original hard copy
ENGLISH ABSTRACT: With the trends of business moving away from large, corporate companies to small, flexible and innovative alternatives, the need to value new companies are becoming important. A new company generally does not have substantial historical data available and it is therefore difficult to determine potential revenue streams and hence accurate valuations. The focus of this study is to find an appropriate method to attempt the valuation of a new company and this is explained by means of a case study. Three basic approaches exist to value companies. The Discounted Cash Flow (DCF) method analyses risk and return to estimate a discount rate and presents the value of the company as a Net Present Value (NPV). Relative Valuation methods compare the fundamentals of a company to that of other companies. Contingent Claim Valuation methods base the value of a company on the fact that decisions may be deferred into the future until more information is evident. The basis of this valuation technique is that of Option Pricing Theory in which the Black-Scholes technique and binomial models are used .: This method is normally used on assets that have optionlike features e.g. equity in a company, natural resource rights, product patents or any decision that may be deferred into the future. Decisions (options) deferred may be identified as growth-, staged-, flexibility-, exit-, learning- and expanding options. This is also known as the Real Option Pricing Theory. According to this model the investment proposal may be mapped as a series of call options (Luehrman, 1998a). The amount of money expended in the project corresponds to the option's exercise price (X), the present value of the asset built or acquired corresponds to the stock price (S), the length of time the company can defer the investment decision corresponds to the option's time to expiration (t) and the uncertainty about the future value of the project's cashflow corresponds to the standard deviation of return on the stock (c). Seven steps are used to obtain the value of the call option and the value is reflected by two option-value metries namely the value-to-cost (NPVq) and cumulative volatility (cr--Jt).The two metries are plotteá on a graph (defined as Options Space) in order to visualize and interpret the results. Mushroom Biomedical Systems developed three highly novel and patented products. The company was valued using the conventional OeF method and valued as a staged investment using the Real Option Pricing Theory according to Luehrman's model (1998a). The values of two products are similar using the OeF and Real Options methods. Most of the investment capital was required during the first phases of these products resulting in the investment of the second phases not holding high risks or value. The value of the third product is significantly higher using the Real Options method compared to the OeF. This is ascribed to the forced delay of phase one. The value of this future decision is worth more than the current decision due to expected new information that might arise. By "creating an option" value is added by forcing management to actively make two decisions about the continuation of the project at a future date. Applying Real Option Pricing Theory suggests inherent value in uncertainty when there is freedom to choose different courses of action in the face of different market conditions. With the OeF analysis the impact of risk is seen as depressing the value of the investment. By contrast, real options show that risk can be influenced through managerial flexibility, which becomes a central instrument to create value.
AFRIKAANSE OPSOMMING: Die beweging van die besigheidswêreld vanaf groot korporatiewe maatskappye na kleiner, buigsame en innoverende alternatiewe het 'n behoefte geskep om die waarde van sulke nuwe maatskappye te kan bepaal. 'n Nuwe maatskappy het tipies nie historiese data beskikbaar nie wat die vooruitskatting van potensiële inkomste strome en dus akkurate waardasies moeilik maak. Die fokus van hierdie studie is die bepaling van 'n toepaslike metode om die waarde van 'n nuwe maatskappy te bepaal en dit word deur middel van 'n gevalle studie verduidelik. Drie basiese metodes bestaan om maatskappye te waardeer. Die Verdiskonteerde Kontantvloei Stroom (VKS) metode gebruik risiko en opbrengs om 'n verdiskonteringskoers te bepaal en reflekteer die waarde van die maatskappy as die Netto Teenswoordige Waarde (NTW). Relatiewe Waardasie metodes vergelyk die fundamentele eienskappe van 'n maatskappy met die van ander maatskappye. Die Gebeurlikheids Waardasie metode koppel waarde aan die feit dat besluite uitgestel kan word totdat meer informasie beskikbaar is. Die basis van hierdie tegniek is Opsie Teorie waarin die Black-Scholes tegniek en binomiaal model gebruik word. Hierdie metode word gewoonlik gebruik waar bates "opsie-tipe" eienskappe besit soos aandeelhouding in 'n maatskappy, natuurlike mynregte; produk patente of enige besluit wat uitgestel kan word na 'n datum in die toekoms. Besluite (opsies) wat uitgestel word kan geïdentifiseer word as groei-, stap-vir-stap-, buigbaarheids-, uittree-, lerings- en uitbreidingsopsies. Hierdie metode staan ook bekend as die Ware Opsie Prysings Teorie. Volgens hierdie metode kan 'n beleggingsgeleentheid voorgestel word as 'n reeks koopopsies (Luehrman, 1998a). Die totale uitgawe word voorgestel deur die uitoefeningsprys (X), die teenswoordige waarde van die bate word voorgestel deur die aandeel waarde (S), die tydperk wat die besluit uitgestel kan word, word voorgestel deur die opsie vervaltyd (t), en die onsekerheid van die bate se kontantvloeistroom word voorgestel deur die standaardafwyking van die opbrengs van die bate (c). Sewe stappe word geneem om die waarde van die koopopsie te bepaal wat uitgedruk word deur twee opsiewaarde komponente naamlik waarde-tot-koste (NPVq) en kummulatiewe volatiliteit ((1'Jt). Die twee komponente word grafies voorgestel (genoem Opsie Spasie) om resultate te visualiseer en te interpreteer. Mushroom Biomedical Systems het drie unieke en gepatenteerde produkte ontwikkel. Die maatskappy is met die konvensionele VKS metode gewaardeer en volgens Luehrman (1998a) se Ware Opsie Prysings model as 'n stap-vir-stap opsie gewaardeer. Die waardes van twee van die produkte is dieselfde met die VKS metode en die Opsie Teorie metode. Die meeste van die kapitaal is tydens die eerste fases van die twee produkte benodig met die gevolg dat die tweede fases nie veel risiko of waarde inhou nie. Die waarde van die derde produk is aansienlik meer met die Opsie Teorie metode in vergelyking met die VKS metode. Dit word toegeskryf aan die gedwonge vertraging van fase een. Die waarde gekoppel daaraan om die besluit in die toekoms te neem is meer werd as om die besluit nou te neem a.g.v. verwagte nuwe informasie. Deur hierdie opsie "te skep" word waarde toegevoeg omdat bestuur gedwing word om aktief twee besluite in die toekoms te neem rakende die voortsetting van die projek. Die gebruik van Ware Opsie Prysings Teorie skep 'n inherente waarde wanneer daar verskillende besluite geneem kan word soos mark kondisies verander. Met die VKS metode word risiko gesien as 'n faktor wat waarde laat afneem. In teenstelling hiermee dui die Ware Opsie Teorie dat risiko beïnvloed kan word deur bestuur se vermoëns, wat 'n belangrike instrument is vir waardeskepping.
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Van, Schalkwyk Frederik Edwin. "The role of the company secretary in corporate governance : a South African specific problem conceptualisation and commentary." Thesis, Stellenbosch : University of Stellenbosch, 2007. http://hdl.handle.net/10019.1/785.
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Thesis (MBA (Business Management))--University of Stellenbosch, 2007.AFRIKAANSE OPSOMMING: Hierdie studie stel ondersoek in na die rol van die maatskappysekretaris in korporatiewe bestuur. Tien kernrolle word geidentifiseer, relevant in terme van die historiese ontwikkeling van die amp asook die Suid-Afrikaanse definisie van korporatiewe bestuur, om getoets te word teen die realiteite van die praktyk by wyse van 'n opname van maatskappysekretarisse by gelyste maatskappye. Die projek sluit af deur te vind dat sekretarisse in die algemeen in staat is om uitvoering te gee aan hul rol om by te dra tot goeie korporatiewe bestuur met spesifieke verwysing na hul rol om by te dra tot die raad van direkteure se funksie om te verseker dat mag nie gekonsentreer word onder die bestuur van die maatskappy nie. Daar word egter aanbeveel dat toekomstige maatstawwe om die rol van die maatskappysekretaris in korporatiewe bestuur te bevorder, gefokus kan word op die sekretaris se rol as 'n bron van raad aan direkteure en binne die maatskappy, asook die sekretaris se rol as 'n belangrike skakel tussen die maatskappy en sy aandeelhouers, aangesien hierdie as die probleemareas deur sekretarisse geidentifiseer was waar 'n mate van moeilikheid deur sekretarisse ervaar word.
ENGLISH ABSTRACT: This study investigates the role of the company secretary in corporate governance. The core roles are identified, relevant in terms of the historic development of the office and the South African specific definition of corporate governance, to be tested against practice by way of survey of company secretar ies at JSE listed companies. The study concludes by finding that secretaries are, in general, able to discharge their role to contribute to good corporate governance with specific reference to the secretary’s role to contribute to the board’s function as an important check that power is not concent rated amongs management. It is however recommended that future measures to advance the office of company secretary may be focused on the role of the company secretary as a source of guidance to board members and within the company, and his/her role as an important link between the company and its shareholders, as the areas where some difficulty is perceived by company secretaries
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Svoboda, Michal. "Specifika personálního vedení high-tech firmy." Master's thesis, Vysoké učení technické v Brně. Fakulta podnikatelská, 2011. http://www.nusl.cz/ntk/nusl-223144.
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The Master´s thesis deals with specifics of personal leadership or management in companies with advanced technologies, called high-tech. Using questionnaire investigation in addition to structured interview is analyzed situation in personal area in the high-tech company . Theoretical part defines high-tech sector, describes activities and purpose of personal unit and modern conception of development of human resources. Below is entertained about influence of corporate culture on the strategy of human ressource development. Furthermore there are mentioned elements of leadership including theory of generation and diversity management. Practical part involves analytical and recommendation part, including variants
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Ficbauer, David. "Specifika finančního řízení holdingu." Doctoral thesis, Vysoké učení technické v Brně. Fakulta podnikatelská, 2015. http://www.nusl.cz/ntk/nusl-234361.
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The main purpose of the thesis is to explore the specifics of the financial management of holdings companies in the Czech Republic with an emphasis on the area of financial management. However, the author assumes that persistent reasons for holding creation is using of synergy effects consisting mainly of centralized management of cash flows to minimize the cost of capital and minimizing the risk of an individual investor who actively makes managerial functions in view guarantees of individual companies. It was found the lack of a comprehensive and systematic approach for a qualitative research. A total of 15 holding companies was use for the qualitative research. The outcome gives many answers concerning the specifics of the financial management of the holdings companies. It seems guarantee, minimizing cost of capital and cash management are key points. The synergistic effect of the holding companies can be used when transferring financial means between companies holding. The impact of the transfer of available financial means was simulated for holding No. 13. It was clearly shown to decrease WACC at one of the companies within the holding. It was found that the subsidiaries, which effectively control the cash flow, maintain a low level of Cash Ratio and Net Working Capital. It was also found that the subsidiaries that manage cash flow effectively, achieve higher ROA. The same assumption was not found in the parent companies. The research question that subsidiaries, which effectively control the cash flow, use financing through bank loans to a lesser extent, was partially confirmed.
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Prudík, Kamil. "Modelování procesů spisové služby a jejich specifika z pohledu zdravotní pojišťovny." Master's thesis, Vysoká škola ekonomická v Praze, 2015. http://www.nusl.cz/ntk/nusl-203996.
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This master thesis deals with business process modelling of records management service and its electronic form in the area of health insurance companies. The beginning of the thesis introduces the reader to the concepts of process modelling and records management including legal requirements and specifics from the perspective of health insurance company. The next section describes the MMABP methodology, which is used for process analysis of records management processes in accordance with statutory requirements. The result is then confronted with a practical case of doing records management in an electronic form from the perspective of a health insurance company.
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Elis, David. "Možnosti aplikace prvků manažerského účetnictví v segmentu malého podnikání (na příkladu konkrétní firmy)." Master's thesis, Vysoká škola ekonomická v Praze, 2008. http://www.nusl.cz/ntk/nusl-15351.
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The thesis "The possibilities of application of management accounting components into the small size companies (on the example of a concrete company)" engages in the question, whether it were possible to identify components of management accounting, that would be applicable in the small size companies. The first part focuses on the introduction of the company, on the market company operates on and on the general characteristics of the small and mid-size companies. It provides information on the company performance and identifies a need of the introduction of accrual principle into the company's accounting. The next part deals with the discrete features of the proposed performance management system. It answers the question, whether to orientate the system primarily on performance or responsibility, designs the appropriate calculation system and the basic system of plans and budgets. Later, it focuses on the existing organizational structure and the definition of the structure of the responsibility centers. In the last part, there can be found a proposal of the management profit and lost statements as of the basic statements providing the information on the partial as well as overall performance measurement.
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Starý, Jan. "Specifika finančního řízení stavebního podniku v období ekonomické nestability." Master's thesis, Vysoké učení technické v Brně. Fakulta stavební, 2013. http://www.nusl.cz/ntk/nusl-226028.
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This thesis on specifics of financial management construction company in a time of economic instability is accompanied by the issue of management companies in times of crisis. It is divided into two parts: a theoretical and practical. The theoretical part is focused on explaining concepts such as crisis and the company, which is followed by the very notion of crisis management. It describes how to recognize the crisis in the company and what tools can be used to solve it. The practical part looks at this from the perspective of management small and large companies, both have very similar content activities. In terms of big companies is being explored as a joint stock company Strabag, which is part of the Austrian multinational corporations. At the level of small business is focused on a limited liability company, which is active in smaler district. The main source of investigation in this thesis is the financial analysis applied to both companies. At the end of the work, the results of both companies compared.
Books on the topic "Company management specifics"
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Klyuchevskaya, Irina. Personnel management of a hotel company. ru: INFRA-M Academic Publishing LLC., 2021. http://dx.doi.org/10.12737/1077352.
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The textbook examines in detail the essence of the personnel management of a hotel company; the specifics of the personnel policy in the field of hospitality; the strategies of hotel companies in the field of recruitment, training, adaptation, building a business career, motivation and release of staff. Innovative strategies in the field of training of personnel of hotel enterprises are considered, recommendations for reducing the level of conflicts and stress among hotel employees are proposed. At the end of each chapter, there are tasks and questions that allow you to consolidate the theoretical material in practice.
Meets the requirements of the federal state educational standards of higher and secondary vocational education of the latest generation.
For students of educational organizations of higher education, studying in the areas of training 43.03.03 "Hotel business" and 43.03.02 "Tourism" (bachelor's level), and students of professional educational organizations, studying in the specialty 43.02.11 "Hotel service". It can be used for training students of organizations of additional professional education, students of both full-time and distance learning forms. Individual chapters can be useful for college students.
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Jim, Blain, and Kamholz Gregory, eds. The Oregon-American Lumber Company: Ain't no more. Stanford, Calif: Stanford University Press, 2003.
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B, Sicilia David, and Cummins Engine Company, eds. The engine that could: Seventy-five years of values-driven change at Cummins Engine Company. Boston: Harvard Business School Press, 1998.
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Slater, Robert. The new GE: How Jack Welch revived an American institution. Homewood, Ill: Business One Irwin, 1993.
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Murashko, Mikhail, Igor Ivanov, and Nadezhda Knyazyuk. THE BASICS OF MEDICAL CARE QUALITY AND SAFETY PROVISION. ru: Advertising and Information Agency "Standards and quality», 2020. http://dx.doi.org/10.35400/978-5-600-02711-4.
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SUMMARY
Current monograph represents and reviews key approaches to creating an effective internal quality and safety control system for an organization, based on patient-oriented approach, process approach, risk management, continuous process improvement and other methods including definition of all applied terms, a number of examples and step by step manuals on executing key measures and events to create and develop a quality control system and local documentation samples.
Target audience for this monograph: hospital leadership, including CMO, deputy CMO on quality, head of quality control committee or designated quality control specialist, other medical workers.
ABOUT «THE BASICS OF MEDICAL CARE QUALITY AND SAFETY PROVISION»
All changes and reforms in healthcare should provide for medical care quality improvement, preservation of life and health of all citizens. Once an abstract word “quality” has its’ own specific meaning today, acquired by means of legislative validation of the term “medical care quality and safety”. Providing healthcare quality and safety is one of the key priorities within the confines of Russian Federation national policy for citizens’ health protection.
Current issue represents actual knowledge and practical experience in terms of medical care quality and safety control, continuous medical organization efficiency improvement. Current issue addresses the matters of theoretical and practical aspects of introducing management and internal quality and safety control system in medical care. It also contains the methodological description of Proposals (practical recommendations) of Federal Service for Supervision in the Sphere of Healthcare, developed based on global experience generalization, adapted to Russian specificity, aimed at quality and safety provision. Current issue represents a large number of samples, examples, templates and check-list tables. Data, accumulated in the monograph, allows the reader create a proper system of measures in a medical organization to comply with the order № 381-н of Ministry of Health of Russian Federation «On approving Requirements towards organizing and executing medical care internal quality and safety control».
TARGET AUDIENCE
Current issue is intended for a wide range of readers, interested in management: for healthcare organization leaders, CMOs and deputy CMOs, deputy CMOs on quality, quality control committee leaders or designated quality control specialists, physicians, nurses, medical academicians and students, and all specialists, interested in medical organizations’ stable development and improvement.
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Davies, Paul. Control Shifts via Share Acquisition Contracts with Shareholders (Takeovers). Edited by Jeffrey N. Gordon and Wolf-Georg Ringe. Oxford University Press, 2015. http://dx.doi.org/10.1093/oxfordhb/9780198743682.013.28.
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This chapter examines the regulatory issues that arise when there is an offer to acquire shares directly from one or more shareholders of a company such that control of that company shifts to the acquirer. It begins with a comparison between control shifts implemented by contract and corporate transactions which produce the same result. It identifies three principal areas where contract may need to be supplemented by takeover-specific rules arising out of the coordination costs of target shareholders, powers of target management, and agency costs of non-controlling shareholders. It then considers how takeover regulation could be fashioned so as to promote efficient and discourage inefficient transfers of control. The chapter concludes by focusing on the choices actually made in four countries: Japan, Germany, UK, and the United States.
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Moon, Jeremy. 3. National and international developments. Oxford University Press, 2014. http://dx.doi.org/10.1093/actrade/9780199671816.003.0004.
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‘National and international developments’ compares national approaches to corporate social responsibility (CSR), particularly between the USA and Europe, but also within Asia and Africa, and in so doing also identifies factors in the international development of CSR among these and other countries. CSR was first established in the USA, where the concept of specific company level responsibilities emerged both as a management and an academic concept, reflecting related cultural, economic, and political themes. The concept has not been simply exported; rather it has been adapted to different national ethical and regulatory frameworks in which assumptions and systems of responsibility are framed.
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Kamholz, Edward, Jim Blain, and Greg Kamholz. The Oregon-American Lumber Company: Ain't No More. Stanford General Books, 2003.
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Pshenichnikov, Ilya V., Veronica S. Epinina, Svetlana I. Korobova, and Anatoly D. Karabanov. "Specifics of Company Management’s Digital System Creation." In "Smart Technologies" for Society, State and Economy, 1471–80. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-59126-7_161.
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Wickel, M., N. Chucholowski, F. Behncke, and U. Lindemann. "Comparison of Seven Company-Specific Engineering Change Processes." In Modelling and Management of Engineering Processes, 125–36. Berlin, Heidelberg: Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-662-44009-4_11.
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Finnestrand, Hanne O., Kristoffer Magerøy, and Johan E. Ravn. "More Than What Was Asked for: Company Specific Competence Programs as Innovation Hothouses." In Advances in Production Management Systems: Innovative Production Management Towards Sustainable Growth, 399–405. Cham: Springer International Publishing, 2015. http://dx.doi.org/10.1007/978-3-319-22756-6_49.
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Malindžák, Dušan, and Peter Kacmary. "The Production Capacity Planning and Scheduling Models in Term of Supply Chain Management." In Advances in Logistics, Operations, and Management Science, 118–41. IGI Global, 2016. http://dx.doi.org/10.4018/978-1-5225-0021-6.ch007.
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Each company is original from the point of production processes. Application of standard enterprise information system (SAP, proAlpha, Baan, etc.) need difficult adaptation, especially for conditions of small or medium enterprises (SMEs) and the price of that system is relatively high. Therefore, the proposed capacity planning model is much more suitable for the conditions, requires and demands of SMEs. Specifics of production processes of RS Ltd. are: - combinations of discrete and continuous processes, - this small company is connected to a supply chain (KANBAN) with its mother company, which defines the level of some chosen products in the expedition warehouse by the end of a month. For the above mentioned reason it had to be designed the new original production logistic system.
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Oncioiu, Ionica. "The Measurement and Recognition of Intellectual Capital in the Process of Accounting Convergence Trends and Patterns." In Advanced Methodologies and Technologies in Business Operations and Management, 1362–72. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-7362-3.ch102.
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The value of intellectual capital has been the main focus in the debates between international professionals and the business world for many decades. Today, this concept interferes with the international process of assessment and with the convergence of accounting. However, it is more likely for a certain period of time to develop both paradigms in parallel and then become convergent, thus solving the paradox of intangible asset valuation. Another challenge would be to extend and adapt this research to the specifics of different national economic systems, to generalize the relationship between intellectual capital and company performance and other countries and industries. This chapter analyzes the answer of the questions regarding recognition, presentation, and evaluation of intellectual capital, and also various controversial issues of this concept, as it is presented in the current project of the IASB and FASB.
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Maistrenko, Yuliia. "FEATURES OF PERSONNEL MANAGEMENT IN MODERN MIND." In Integration of traditional and innovation processes of development of modern science. Publishing House “Baltija Publishing”, 2020. http://dx.doi.org/10.30525/978-9934-26-021-6-18.
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The purpose of the article is to develop scientific positions and practical recommendations for personnel management, which are aimed for ordering, organizing and directing the activities of the team to ensure the effective functioning of the organization in modern conditions. The methods used in the article to solve these tasks are following: abstract-logical – when generalizing theoretical questions of personnel management and formulating conclusions and proposals; statistical – when assessing alternative types of employment, analyzing the ratio of different generations and determining the number of users of popular messengers in the world; in the justification and development of practical recommendations for personnel management for the future were used calculating-designing and balance methods; methods of economic and SWOT-analysis were used in the process of efficiency assessment. The main precondition for companies in achieving a high level of business activity is an effectively organized process of personnel management, which includes: positioning the company's top managers as unity, which is a logical continuation of the transition to a state of network teams that can perform tasks faster and more efficiently, than teams which are managed in the way "from top to bottom"; usage of the benefits of alternative employment, which has a number of advantages and provides project vacancies, flexible schedule and telecommuting; transition to a new format of compensations: from strictly standardized to highly personalized, which will ensure the quality of employees' working life and the efficiency of companies; usage of modern approaches to career development management, which will provide organizations with conditions for retention, development and training of employees; involving different generations in working process, which will combine valuable experience and modern knowledge; evaluating the company's activities not only on the basis of the final results, but also in terms of impact on society, using its potential to solve social problems and improve life inside and outside the company; introduction of innovative programs that will not only increase productivity, but also meet new social expectations and create a positive social and emotional environment for staff; the usage of artificial intelligence, robotics and other advanced technologies create new opportunities for more efficient work of the organization, however, staff must master new competencies based on the technical characteristics of software and specifics of its operating; providing the latest high-tech means of communication and the transition to modern digital technologies that can increase and improve the efficiency of the workflow, create an integrated working environment that meets the unique needs of employees and the company.
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Bąk-Grabowska, Dominika. "Specyfika relacji w ramach leasingu pracowniczego w strukturze grupy kapitałowej." In Zachowania organizacyjne. Relacje społeczne w przestrzeni zmian. Wydawnictwo Uniwersytetu Łódzkiego, 2015. http://dx.doi.org/10.18778/7969-802-8.05.
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In the paper an employee leasing has been shown in the light of chosen labour market theories and management conceptions. The conducted analysis indicated that an employee leasing – as an institution of Labour Market Intermediaries (LMIs) – is presented as a nonstandard form of employment which is connected with a little attractive work and with low standards of human resources management. The analyzed case study of employee leasing usage in the capital group structure does not enter the mainstream of theoretical considerations. A company which leases employees uses nonstandard forms of employment to all employees (also in the sphere of stabilization and the core of employment) and the used tools of human resources management are highly professional. The specifics of the analyzed solution are connected with the phenomenon of knowledge transfer and isomorphism in capital group structure.
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Inozemtsev, Taras, and Alla Khomenko. "SPECIFICS OF TRAINING FUTURE RESERVE OFFICERS FOR EDUCATIONAL WORK IN THE ARMED FORCES OF UKRAINE." In Integration of traditional and innovative scientific researches: global trends and regional as. Publishing House “Baltija Publishing”, 2020. http://dx.doi.org/10.30525/978-9934-26-001-8-1-5.
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The subject of the article is the preparation of future reserve officers for educational work. The training of reserve officers is carried out by the military departments of higher education institutions of Ukraine. The article contains information that citizens of Ukraine undergo military training on a voluntary basis who have or receive a higher education degree at least a bachelor's degree, fit for military service for health reasons and moral and business qualities. Citizens can undergo military training, subject to the correspondence of the specialties that they or for which they are trained in the institution of higher education, the military accounting specialty, in which the training of reserve officers is carried out. The leading feature of the military professional activity of a military leader is the dominant professional orientation, which manifests itself in an orientation toward working with personnel and active interpersonal interaction, toward organizing activities, toward tough interaction with the enemy. In this regard, the officer must have a broad developed practical thinking and managerial competence. The article presents the components of its formation and demonstrates the ways to achieve it: information-analytical component of training future reserve officers; the formation of the communicative competence of future reserve officers; the use of computer technology in training reserve officers for educational work; individualization of training. The information and analytical component of the training of future reserve officers provides for: 1) information and presentation meetings of candidates for training under the training program for reserve officers with officers of the military commissariat; 2) professional excursions and to military units of candidates for training under the training program for reserve officers, in which potential applicants can communicate with platoon commanders and company commanders, get acquainted with the daily activities of the platoon; 3) self-testing of potential applicants for professional self-determination and readiness for management activities. The formation of the communicative competence of reserve officers provides for the following factors: pedagogy of cooperation, personality-oriented education, an active personal position of the future reserve officer, critical thinking, the formation of language culture and the influence of mentors. One of the effective means of improving the level of training of military specialists is the use of modern information technologies, in particular, virtual computer systems and computer networks (simulation) models. They, first of all, should contribute to the comprehension and assimilation of educational material, as well as to ensure the possibility of a comprehensive assessment of the readiness of the future reserve officer for independent activity, the timely introduction of individual adjustments in the training of a military specialist. The main methodological foundations of the process of individualization of training: the organization of additional classes with students who have gaps in knowledge, by organizing optional classes; search for ways to individualize learning within a specific lesson; inclusion of the weak in the subgroups of well-prepared students. The practical application of these theoretical principles will contribute to the formation of a military specialist and the preparation of future reserve officers for educational work.
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van Wessel, Robert M., and Henk J. de Vries. "Company IT Standardization." In Advances in Human Resources Management and Organizational Development, 68–91. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-9008-8.ch005.
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Many companies have embarked on IT standardization initiatives with specific benefits in mind, but some projects fail dramatically whereas others are very successful. The research suggests that successful company standardization projects require good governance and management across distinct lifecycle phases: selection, implementation, and use and change. The authors present a case study from a financial services company to demonstrate effective practices that have led to significant financial benefits, to improved service delivery and support, and to a more stable IT environment. In addition, the authors discuss how an agile way of working could further improve standardization initiatives in organizations.
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Sultan, Suhail, and Imad Rjoub. "Leadership Consciousness to CSR." In Operations and Service Management, 1169–80. IGI Global, 2018. http://dx.doi.org/10.4018/978-1-5225-3909-4.ch053.
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The purpose of this case study is to discuss the leadership role in Corporate Social Responsibility (CSR) and thus on the company's competitiveness, performance, and reputation. The case highlights the adoption of CSR as a long-term strategy in a manufacturing family business located within a highly volatile country in the Arab world where awareness of CSR is not prevailing. By interviewing the owners and senior managers of Royal Industrial Trading Company, one is able to understand how they view their social responsibilities and how they insert CSR into the company's strategy. Royal has a number of corporate social responsibility policy aims but its current disclosures do not provide a sufficient level of detail to adequately assess the social impact of their activities or link their activities to the achievement of specific stated social aims. The company is enjoying the rewards of improved competitive position, the benefit to their shareholders, and the benefit to the society at large.
Conference papers on the topic "Company management specifics"
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Kozena, Marcela. "SPECIFICS OF PERFORMANCE MEASUREMENT AND MANAGEMENT MANUFACTURING COMPANY." In SGEM 2014 Scientific SubConference on POLITICAL SCIENCES, LAW, FINANCE, ECONOMICS AND TOURISM. Stef92 Technology, 2014. http://dx.doi.org/10.5593/sgemsocial2014/b22/s6.083.
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Изварина, Наталия, Nataliya Izvarina, Саргандар Искандаров, and Sargandar Iskandarov. "THE CONSTRUCTION OF THE SYSTEM OF INTERNAL CONTROL TO MANAGE THE TAX LIABILITIES OF THE COMPANY." In Modern problems of an economic safety, accounting and the right in the Russian Federation. AUS PUBLISHERS, 2018. http://dx.doi.org/10.26526/conferencearticle_5c505ffcca1420.84107159.
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The article deals with the specifics and content of the system of the internal king in order to manage tax liabilities, the content of the work on the management of tax liabilities, depending on the priority interests of the company.
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Bryukhova, Olga. "The Formation of an Attractive HR-Brand of a Transport Company's Target Audience of 'Young People'." In The Public/Private in Modern Civilization, the 22nd Russian Scientific-Practical Conference (with international participation) (Yekaterinburg, April 16-17, 2020). Liberal Arts University – University for Humanities, Yekaterinburg, 2020. http://dx.doi.org/10.35853/ufh-public/private-2020-60.
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The article is dedicated to studying the HR-brand of a vehicle company, and seeks ways to improve it further. Theoretical and methodological aspects of shaping the image of an organisation as an employer are now widely reflected in the works of domestic and foreign researchers in the field of human resource management. However, the applied aspects of branding in relation to specific employers from different sectors of the economy remain relevant for the study. The practical interest of the company in question is due to the high turnover rate (15%) and the shortage of young workers. For the purpose of studying the formed corporate HR-brand, the author uses an analysis of local regulations on staff management, employee questionnaires, the assessment of the employer’s value proposition, a reputational audit of the company regarding the Internet environment, etc. The analysis of the internal and external image of the employer concludes that the attractiveness of the HR brand of the enterprise among the target audience ‘young people’ needs to be improved. The successful achievement of this goal is possible through the introduction of career management practices, organising participation in professional competitions; for young promising employees already in the company, developing and implementing a preliminary programme and promoting the company on social media: for potential candidates. Forming an attractive HR brand for young people based on the implementation of a value proposition that takes into account the specifics of this target audience, using new channels and formats to promote the employer brand externally, including in the online environment, will optimise staff turnover, attract and retain talented young people and strengthen the company’s position in the market.
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Zadorozhnyaya, Olga. "Composition and Activities of the River Agency «Partnership of the West Siberian Shipping Company and Trade» in Tomsk (1898–1917)." In Irkutsk Historical and Economic Yearbook 2020. Baikal State University, 2020. http://dx.doi.org/10.17150/978-5-7253-3017-5.35.
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The article analyzes the process of formation of one of the leading production divisions of the Ob-Irtysh river company in the late XIX – early XX centuries. The problem of management in the period of the spread of capitalist relations beyond the Urals is related to both the geographical factor and traditional relations in the business world of Siberia, a paradigm shift for the new owner. The specifics of the river Agency’s work became both the production factor and the human factor, since the agent served as an intermediary between all market participants.
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Novićević Čečević, Bojana, and Jelena Daraboš. "IMPROVING EFFICIENCY OF HEALTH CARE ORGANIZATIONS USING LEAN CONCEPT." In 6th International Scientific Conference ERAZ - Knowledge Based Sustainable Development. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2020. http://dx.doi.org/10.31410/eraz.2020.183.
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Lean, as relatively new management concept, surpasses the traditional mass production and creating stockpiles of goods which have to be placed on the market, without analyzing the customers’ needs. The focus of lean is on creating the value that customers demand and forming the value streams which contain only processes and activities that generate that value and eliminating all types of wastes and non-value adding activities. Lean concept was founded in Toyota company i.e. in manufacturing system called Toyota production system. Nowadays, this concept has been implemented by many worlds known organizations as the crucial part of their production system, but also other supportive processes in the company. Application of the lean concept can significantly improve process efficiency, lead to drastic cost-reduction, improved quality of the products/services provided, but also can be a main factor of increased employees productivity and resource saving. Profitable and unprofitable health care organizations have determined business strategy and adjusted mission and vision of their path thus, they strive for resource optimization in the process of providing satisfactional level of service. Accordingly, the examination of possibilities in implementing lean concept in Health Care organizations, as well as analyzing executed techniques and performed activities in leading companies is more than justified. Health Care organizations can be characterized as complex systems with numerous participants and the need for strict coordination of activities in order to provide demanded value for the customers. Monitoring and measuring the performances on various levels and areas of accountability is highly valuable for the Health Care organizations. Regarding that, the subject of this paper will be indicating specifics of measuring the performances in Health Care organizations and possibilities of their improvement.
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Labes (CRACIUN), Diana Cristina, Adrian Ioana, Roxana Marina Solea, Daniela Tufeanu, and Paul Stefan Trandafir. "TECHNICAL-ECONOMIC MANAGEMENT ELEMENTS SPECIFIC TO ECO-COMMERCE." In GEOLINKS International Conference. SAIMA Consult Ltd, 2020. http://dx.doi.org/10.32008/geolinks2020/b2/v2/21.
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The article has as a starting point the definition of the notion of commerce in its two senses: economic sense and legal sense. We also defined the notion of eco-commerce as "the presentation and sale of organic products, under prescribed ecological conditions", according to European regulations. Also, in the article we present original elements of technical-economic management specific to eco-commerce. We present and analyze the correlations between the "4 P" of the marketing mix (production, price, promotion, placement) and the technological elements. Based on an original correlation scheme, we have designed and analyzed 7 levels of such correlations, of which we notice: the biunivocal correlation Product (P1) - Promoting (P2) is based on assuring the quality of the product, The level of technological optimization is directly correlated with the product’s quality. In the article we also present an original model of economic analysis. This model has as its starting point 3 categories of subjects: Intern performers, Joint performers and External performers. Information (including conclusions) of economic analysis conducted can be passed to the three distinct pathways: Domestic Customers → Direct (Official) → Company (trader); Indirect (unofficial) → Company (trader); External Customers (with respect ownership) → Indirect Competition (banks) → Company (trader).
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Colquhoun, Iain, Christian Calvi, and Harry MacPherson. "Management System Approach to Pipeline Integrity." In 2006 International Pipeline Conference. ASMEDC, 2006. http://dx.doi.org/10.1115/ipc2006-10531.
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The development and implementation of specific technical procedures tend to be emphasized as key measures required to ensure the integrity of pipeline systems. These activities are clearly of vital importance. However, the integration of these activities and associated integrity programs with the overall management of the business also plays an important role in guaranteeing success of the programs. This paper describes a typical pipeline integrity management system, its objectives, and its links to other enterprise management systems. The paper also outlines simple methods that can be used to evaluate any given integrity management system’s components with a view to evaluating the programs effectiveness and driving continual improvement. These methods involve the identification of gaps with respect to specified benchmarks, and the design and implementation of risk-based programs to close the gaps. The benefits claimed include: • A comprehensive and holistic approach to pipeline integrity management aligned with company goals and objectives. • Engagement of company-wide technical expertise. • Buy-in and validation by all levels of company management. • Promotion of a company culture that encourages sustainable development of integrity management programs.
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Costin, Banta Viorel, and Dorian Cojocaru. "Specific Management Applications Inside a SAP System for Oil and Gas Company." In 2018 22nd International Conference on System Theory, Control and Computing (ICSTCC). IEEE, 2018. http://dx.doi.org/10.1109/icstcc.2018.8540666.
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Tusan, Radoslav. "THE IMPACT OF THE ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS ON THE FINANCIAL SITUATION AND PERFORMANCE OF THE COMPANY." In Sixth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2020. http://dx.doi.org/10.31410/limen.s.p.2020.37.
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This paper deals with the evaluation of the impact of the adoption of International Financial Reporting Standards (IFRS) on the financial situation and performance of the company. The Slovak Accounting Act allows accounting and reporting under IFRS for two types of entities - explicitly specified by law (e.g. banks, insurance companies, stock exchange); and those that meet specified size criteria. The analyzed company met the size criteria and IFRS has been applying since 2018. The transition from Slovak accounting procedures to IFRS has an impact on the classification of individual items of assets and liabilities, their structure, and the classification of related costs and revenues. The transition to IFRS thus has an impact on the company's financial position and performance. The paper set out two objectives of the research: 1) the transition to IFRS caused an insignificant change in the company's financial indicators; 2) the transition to IFRS caused a significant change in the company's financial indicators. The results of the analysis show changes in the structure of the company's assets and liabilities, the amount of income and expenses, and the less significant impact of the adoption of IFRS on financial indicators.
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Alfano, Tony, and Megan Weichel. "Ensuring Pipeline Risk Model Usability." In 2016 11th International Pipeline Conference. American Society of Mechanical Engineers, 2016. http://dx.doi.org/10.1115/ipc2016-64025.
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Equally important to choosing the correct pipeline risk modeling approach is ensuring the identified risks are properly managed through a fully integrated risk management program. Implementing the most sophisticated risk modeling algorithm on the market will not help a company manage their risks if the model and associated program are not usable to the company. The role of a framework is to provide specific guidance to support other company programs by referencing applicable management system elements and outlining additional elements specific to the program itself. A successful risk management framework sets the groundwork for effective risk management by ensuring the risk management program is integrated into the company in a way in which all relevant stakeholders benefit from its use. This paper outlines common pipeline risk management framework elements and their links to the Pipeline Safety Management System elements set forth in API RP 1173. As the development of such a framework is often an iterative process, prioritized aspects are identified for companies undertaking the development of such a system.