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Statistical and econometric assessment of risk

Lapteva E.A. Nizhny Novgorod State Agricultural Academy, Nizhny Novgorod, Russian Federation ( kafedra_statistiki@mail.ru )

Bezaev I.I. Nizhny Novgorod State Agricultural Academy, Nizhny Novgorod, Russian Federation ( 1_expert@mail.ru )

Journal: Economic Analysis: Theory and Practice, #2, 2018

Importance Production activities are subject to various risks. They are mostly pronounced in the agricultural sector as it depends on natural and biological processes. Assessing and mitigating the risks are a necessary condition for effective management of businesses of different forms of ownership. The concept of risk is addressed in three ways: a threat, uncertainty and opportunity. The third aspect is most optimistic. It is mainly used when science and technology programs, innovative projects and investment policies are developed. The article considers the first two aspects.
Objectives The aim is to propose and justify a statistical and econometric method to assess entrepreneurial risk in agriculture.
Methods The study draws on works of leading foreign and domestic scientists in the field of economics and statistical methods of research and econometrics, annual reports of agricultural enterprises in the Nizhny Novgorod oblast. We also apply analysis and synthesis, induction and deduction, and methods of comparison and grouping.
Results The paper presents a classification of various types of risk in the agricultural sector of the economy. It specifies methods of risk assessment and risk profile.
Conclusions If the proposed methodology is used in management decision-making, it will enable a true picture of how the risks impact the final results of production and financial activities of agricultural organizations.


Improving the system for motivating employees of government institutions: evidence from the administration of the Federal Bailiff Service for the Kirov oblast

Domracheva L.P. Vyatka State University, Kirov, Russian Federation ( larisinalara@mail.ru )

Lapteva E.V. Vyatka State University, Kirov, Russian Federation ( Ekaterina-andria@mail.ru )

Journal: Economic Analysis: Theory and Practice, #1, 2016

Importance Considering the unstable economic situation and constant crisis phenomena, it becomes especially relevant to enhance the system for motivating employees of government institutions. The quality of motivational and incentive policies contributes to desired achievements and results, being a cornerstone for successful activities of governmental institutions as a whole.
Objectives The research overviews analytical procedures for the employee motivation audit in civil institutions.
Methods The methodological and theoretical framework comprises such general methods as analysis, synthesis, observation, comparison, grouping, interpretation, etc.
Results We defined such concepts as the motive and motivation. The article describes methods for analyzing the motivational environment, illustrating the Administration of the Federal Bailiff Service for the Kirov Oblast, and analyzes the current motivation of employees. We substantiate the reasonableness of the employee motivation audit for government institutions.
Conclusions and Relevance The research considered the main areas for improving the civil servants' motivation audit in the Russian Federation, and methods for analyzing motivational policies. We prove it is necessary to enhance motivational policies in government institutions, reveal principal factors undermining employment sentiment for the Bailiff Service. We also present motivation factors that stimulate the flow of human resources to the Federal Bailiff Service.


Specifics of personnel audit in the public institution

Domracheva L.P. Vyatka State University, Kirov, Russian Federation ( larisinalara@mail.ru )

Lapteva E.V. Vyatka State University, Kirov, Russian Federation ( Ekaterina-andria@mail.ru )

Journal: International Accounting, #4, 2016

Importance Personnel audit is a new practice for the public sector. Personnel audit is designated for effective management of municipal and public resources and improvement of the mechanisms for finance, optimization of costs for maintaining the State apparatus. Auditing becomes the most frequent tool for external and internal control over public and municipal institutions' performance.
Objectives The research examines the conceptual framework, specifics of auditing procedures as part of personnel audit, and substantiates the need in personnel audit in terms of price and gender, and audit of personal relationships in public and municipal institutions.
Methods Analysis and comparison methods helped us study various approaches to personnel audit in regions, and determine the most effective auditing procedures, illustrating the Federal Bailiff Service for the Kirov oblast. We also developed a personnel audit method.
Results Having analyzed scientific sources, we formulated the concept of personnel audit in the public institution. The research generated the methods for respective audits, involving audits of personal relationships and gender audits to evaluate the efficiency, cost effectiveness and reasonableness of budgetary spending, and express an opinion on the reliability of financial statements prepared by public institutions and organizations of the Kirov oblast.
Conclusions and Relevance We substantiated why personnel audits met growing demand and specified the concept of personnel audit and HR audit. The article presents steps of personnel audit and proves the need in audits of personal relationships, gender and price audits.


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