Scientific Journal of KubSAU

Polythematic online scientific journal
of Kuban State Agrarian University
ISSN 1990-4665
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136 kb

ACTUAL PROBLEMS OF THE AGRARIAN SECTOR AT THE PRESENT STAGE OF ECONOMIC DEVELOPMENT

abstract 1271703019 issue 127 pp. 308 – 317 31.03.2017 ru 512
The article is devoted to solution of actual task of definition to the modern role of the agro-industrial complex of Russia in economic theory, in the globalized world economy. It deals with production in agriculture, as a developed competitive agricultural sector, which is the key to food security of the country's existence. In the work we present the analysis of factors affecting the development of agriculture, among which the most important are the low degree of monopolization of rural producers in comparison with other sectors of the economy; high level of capital intensity of agriculture and low profitability; disparity of prices in the agricultural sector; high level of competition imports. The article presents the main issues to be focused for timely consideration, such as: questions about the protectionist measures to help the farmers from Federal agencies; the role of insurance and leasing organizations in encouraging farmers in replacing agricultural equipment; the need for effective assistance of regional authorities in the promotion of the import substitution program; the identification and elimination of "bottlenecks" in the promotion of South Russian grain on the world market; development of measures to solve other problems constraining the sector's development. We have also offered a number of rational and effective interventions for addressing key management issues of agricultural sector
159 kb

RECRUITMENT AND SELECTION SYSTEM AS AN INSTRUMENT OF HUMAN CAPITAL VALUE FORMATION

abstract 1271703021 issue 127 pp. 330 – 339 31.03.2017 ru 415
The article analyzes the role that the recruitment system plays in the formation of human capital and its value within the modern Russian company. The article provides the procedure to evaluate the recruitment efficiency according to the human capital value in dynamics. The main principles of efficient recruitment as an essential part of SHRM are also stated. It is actually the recruitment system that provides any organization with staff of a required quality and quantity. In prospect the recruited staff has to be developed and trained by the company to fulfill its needs in the best way that helps to raise the value of the organizational human capital. It is the efficient recruiting that lays the foundation for this value formation. The article compares the human capital value dynamics in companies with efficient and insufficient recruitment procedures. Essential aspects of Russian labor market are taken into account as well
312 kb

USING RATINGS TO ASSESS THE CREDITWORTHINESS OF BANKS

abstract 1271703022 issue 127 pp. 340 – 352 31.03.2017 ru 654
The article is devoted to the study of rating the creditworthiness of banks. The concept and the process of ranking have been revealed. The authors give a retrospective analysis of the development of views on the formation of ratings in the banking sector. Particular attention is paid to the methodology of Moody's, the largest rating agency, which is based not only on the study of the set of key performance indicators of the company at the micro and the macro level, but also takes into account the quality of company management and current trends in the industry. On the basis of gradation we made a comparative analysis of methods of ratings by Standard and poor's, and Moody's rating agencies, which allows identifying the unity of their approaches to evaluating the creditworthiness of companies. Along with international experience rating, we have studied Russian experience. We have considered the legal basis for the activities of Russian ratings agencies and documents that are the primary source of data for the evaluation of companies. We study ratability particularities in domestic practice; in particular, we have presented criteria for Rating Agency called Expert RA. The authors presented the forecasted values of key indicators of the economy of the Russian Federation, which affect the country's credit rating, such as GDP, inflation rate, the key rate, unemployment rate, exchange rate of the ruble. It was concluded that there was a need to move from quantitative to qualitative assessment when examining the organizational effectiveness of the banking sector
135 kb

ECONOMIC METAMODELING AS AN AREA OF SCIENTIFIC KNOWLEDGE AND ACTIVITIES

abstract 1271703031 issue 127 pp. 455 – 467 31.03.2017 ru 390
Philosophical, methodological and methodical bases of modeling of economic objects, including the development of two metamodels – the metamodel of the economy as an object of cognition and metamodeling of economic objects are the field of economic metamodeling. The metamodel of the economy is considered as the context in which it is desirable to develop models of particular economic objects; it reflects in a formalized view its ontology, structure, logic, and objective function. Metamodel of social economy and its role in the knowledge of economic reality associated with their role in this process is offered. These features include: the reflection of the uniform nature of economic phenomena in the society; ensuring systemic relationship between the phenomena of economic reality and their models; ensuring the conceptual integrity of all economic models, which is formed to cognition and reflection of the being of the economy. The metamodel of modeling of economic phenomena, which is an algorithm for the modelling of any economic objects is offered. The metamodel of economic modelling is a prerequisite for the development of subject-specific models; it defines the semantic context of the modeling and the conditions of the practical application of the developed models. There is a need for a deeper understanding of economic metamodeling as an area of scientific knowledge and activity, it is considered as an important condition for the further development of economic theory
216 kb

MOVING FORWARD TO ARISTOTLE: WE MUST BE FREE FROM THE PERVERSIONS OF ECONOMIC THEORY

abstract 1271703033 issue 127 pp. 478 – 500 31.03.2017 ru 637
The founder of the economic theory is Aristotle. The so-called "market economy" is a perversion of Aristotle's views. We have to eliminate distortions. What can replace the "market economy"? We are developing a new organizational-economic theory - solidary information economy, based on the views of Aristotle. The name of this theory has changed over time. Initially, we used the term "nonformal information economy of the future", and then began to use the term "solidary information economy." In connection with Biocosmology and neo-Aristotelism preferred is an adequate term "functionalist organic information economy". This article describes the main provisions of solidary information economy, intended to replace the market economy as a management tool. The main problems are discussed, the solution of which is devoted to research related to the considered basic organizational and economic theory. We discuss Aristotle's positions, on which the economic theory is based, in particular, solidary information economy. We prove that the market economy has remained in the XIX century and the mainstream in modern economic science - justification of insolvency of a market economy and the need to move to a planned system of economic management. We examine the impact of ICT on economic activity. We develop the approaches to decision-making in the solidary information economy. On the basis of modern decision theory (especially expert procedures) and informationcommunication technologies people can get rid of chrematistics and will understand the term of "economy" according to Aristotle
145 kb

THE ATTRIBUTES OF MANAGEMENT DEVELOPMENT IN SMALL RURAL FARMING

abstract 1271703039 issue 127 pp. 584 – 594 31.03.2017 ru 310
The definition of "small agricultural businesses" (SAB) is clarified, the effective functioning and regulation of development of subjects SAB are elaborated. The authors used the principles of systemic-functional analysis, methods, rationale, economic-statistical, monographic, SWOT-analysis, graphic and others. The author's definition of small agricultural businesses was offered. The functioning and regulation of development of subjects of SAB are refined and systematized. The modern competitive opportunities of SAB and others are identified and systematized. It’s being said that the competitive position of subjects of small agrarian farms (SAF) are often provided with increasingly innovative approaches with flexibility of internal management, the ability to quickly adapt to constantly changing conjuncture market. However, as practice shows, the direction of development in small economies does not act as a priority of modern agricultural policy in this field, often dominated by declarative intent rather than running behind these statements required volumes of investment in regulation of SAF subjects development
165 kb

MANAGEMENT OF A PORTFOLIO AS THE INSTRUMENT OF ACHIEVEMENT OF THE PLANNED PROFITABILITY AT THE SET LEVEL OF TAX RISKS

abstract 1271703042 issue 127 pp. 628 – 637 31.03.2017 ru 382
The role of a portfolio of securities, difficult financial products consists, on the one hand in investment for the purpose of obtaining the income, and on the other hand for the stress - testings is more whole. Issuers raise money for development of activity by means of issue of securities. Carrying out operations on attraction of the subordinated loans, the organization increases the capital, creating difficult financial products which allow to reduce risks, to extend the period of obtaining the stable income. Formation of the portfolio consisting of difficult financial products is an acquisition of the market conditions of securities which are selected in the course of the analysis. Implementation of assessment of efficiency of a portfolio is carried out on the basis of the criteria important for the strategy of investors set initially. Revision and change of a portfolio is carried out as necessary that most often can result from considerable changes of market policy, in particular if the investor assumes that these changes are adverse and steady
324 kb

INVESTMENT ATTRACTIVENESS OF THE FOOD INDUSTRY OF THE KRASNODAR REGION

abstract 1271703043 issue 127 pp. 638 – 650 31.03.2017 ru 344
In modern conditions investment attractiveness is one of the most important characteristics of the industry. For each investor, receiving an investment decision, it is important to define, in what industry and in what economic region can be implemented specific investment project with the greatest efficiency, the choice of what areas of investment will have the best prospects and will ensure a high return on invested capital. Attracting investment in the food industry of the Krasnodar region will meet the targets established under the strategic and tactical development, aimed at in-depth processing of food products; improve its quality, which in turn will improve the level of food security of the country. This article presents the analysis of the industrial structure of the Krasnodar region as a whole, the structure of food production, as well as a brief assessment of the export potential of the industry. The article gives an estimation of dynamics of investment flows into various sectors of industry, the structure of investment projects ready for implementation; we have identified potential niche of substitution of imported products; it considers the strategy of socio-economic development of the southern Federal district, within which stands the task of creating national megacluster industrial complex. The results of the analysis identified the drivers of economic growth, stimulating the growth of investment attractiveness of the food industry in the Krasnodar region
342 kb

SOME ASPECTS OF ACCOUNTING AND COST ANALYSIS IN ANIMAL INDUSTRY (DAIRY CATTLE)

abstract 1271703044 issue 127 pp. 651 – 673 31.03.2017 ru 498
In this article there were explored the main aspects of the organization of the automated accounting system management accounting in "Animal" industry. There was carried out an analysis of individual production processes, consisting of identifying, measuring, collecting, preparing and receiving the information needed to administrative staff for performing its functions. According to effective indicators and in the course of analysis there were identified factors affecting on the final results of animal. Also there were found reserves of raising the intensity of production, increasing production and improving its quality. The owners and management of agricultural producers should be building an automated accounting system, which allows making up as much as possible the detailed elaboration and speed of both production and financial accounting. It will allow reflecting the facts of economic life in the automated accounting system (for example, cancellation of veterinary products with details on each animal's head) in a daily format (rather than at the end of the month). It can significantly increase the control of accounting functions, reduce the amount of paper work and improve the quality and efficiency of providing the necessary information management company for management decisions. Industry specialists fill specialized forms of primary documents, and then the information is summarized at the end of the month entered in the 1C accountant
169 kb

SYSTEM ANALYSIS OF THREATS IN ECONOMIC SECURITY OF RUSSIA IN TERMS OF SECTORAL AND FINANCIAL SANCTIONS ON THE EXAMPLE OF OIL AND GAS SECTOR

abstract 1271703053 issue 127 pp. 767 – 780 31.03.2017 ru 488
Introduction of sector and financial sanction restrictions started by west countries in March 2014 at present time has become a tangible blow to the Russian economy. If the first sanctions packages were mainly directed against certain individuals and legal entities, the following sanctions restrictions have become a kind of acupressure on the most advanced sectors of the Russian economy and its focus on the most vulnerable places. These circumstances determined the relevance of subjects of this article - namely, the identification of the results of the system analysis of the main threats to Russia's economic security in times of sectoral and financial sanctions restrictions on the example of the oil and gas complex. Oil and gas industry has always been and continues to be one of the most important part of the Russian economy. Mining and the subsequent marketing of hydrocarbons in the world markets for more than half of the federal budget. Therefore, the primary importance is the evaluation of both the threats to the security of the country's economy and the negative impact of sanctions restrictions on the dynamics of the industry. The article reveals the most significant sectoral and financial sanctions and restrictions determined by the degree of their influence on the development of the oil and gas industry and the security of the Russian economy as a whole. The necessity of introduction of import arrangements to reduce dependence on oil and gas companies of purchases of imported components, equipment and technology. Evaluation of the effect of sanctions limitations on the dynamics of changes in the rate of debt load oil and gas companies for its calculation in rubles and foreign currency terms. The conclusion is that the oil and gas sector of the Russian economy has demonstrated its resilience to the effects of the most severe restrictions and sanctions and for its further development we need more support through the development of large-scale program of import substitution, involving the variability of the joint efforts of the government and the oil and gas industry companies
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