{"results":[{"id":"ss_0bfd065af7e36e905a45b59f46319bdcb059dd17","title":"Quality management in the 21st century enterprises: Research pathway towards Industry 4.0","authors":[{"name":"A. Gunasekaran"},{"name":"N. Subramanian"},{"name":"W. Ngai"}],"abstract":"Quality management is an evergreen research theme in the contemporary world. Given the dominance of technological and turbulent environment with unprecedented customer expectations, the aim of this special issue to explore the developments in quality management in the era of Industry 4.0. In particular, our focus is to unravel the advancements in quality and their implications in terms of economics, decision models, business models, human and technological perspectives. This call for papers for the special issue of IJPE ended up in attracting ten high-quality studies covering the above perspectives. In addition, the special issue recommends potential unattended future research pathways such as the importance of human issues in quality management as per industry revolution and the alignment between technological revolution over time and involvement of human aspects in quality management.","source":"Semantic Scholar","year":2019,"language":"en","subjects":["Business"],"doi":"10.1016/J.IJPE.2018.09.005","url":"https://www.semanticscholar.org/paper/0bfd065af7e36e905a45b59f46319bdcb059dd17","pdf_url":"https://sussex.figshare.com/articles/journal_contribution/Quality_management_in_the_21st_century_enterprises_research_pathway_towards_industry_4_0/23461715/1/files/41170589.pdf","is_open_access":true,"citations":245,"published_at":"","score":70.35},{"id":"ss_6bbf6073122549633699130313ca1247ff829c78","title":"Total Quality Management, organizational agility and service quality: addressing the needs for small and medium enterprises (SMEs)","authors":[{"name":"O. Albadry"},{"name":"Marim Alenezi"},{"name":"Shamma Al Naqbi"}],"abstract":"To run a competitive advantage, small and medium enterprises need special strategic capabilities and technical skills. Thus, this study explores the influence of total quality management on service quality via the mediating role of organizational agility, i.e. sensing agility, decision-making, and acting agility in small and medium enterprises. The study targets top- and medium-level management in the gulf cooperation council countries. Using a convenient sampling approach, the study administers a designed survey questionnaire among the respondents. Smart Partial Least Square-Structural Equation Modelling was employed to test the proposed research hypotheses. The study proposes that total quality management significantly and positively influences organizational sensing agility, decision-making agility, acting agility, and service quality. Additionally, the study proposes that two dimensions of organizational agility (i.e. sensing agility and acting agility) significantly and positively influence service quality. Still, decision-making agility failed to enhance service quality. Additionally, both sensing agility and acting agility mediate the relationship between total quality management and service quality, and there were partial mediations. The study provides practical implications for the managers to ensure an approved system of total quality management so that organizational agility support it to enhance service quality, but they need to focus more on decision-making skills and capabilities.","source":"Semantic Scholar","year":2025,"language":"en","subjects":null,"doi":"10.1080/14783363.2025.2451355","url":"https://www.semanticscholar.org/paper/6bbf6073122549633699130313ca1247ff829c78","is_open_access":true,"citations":8,"published_at":"","score":69.24000000000001},{"id":"arxiv_2509.01731","title":"Are Enterprises Ready for Quantum-Safe Cybersecurity?","authors":[{"name":"Tran Duc Le"},{"name":"Phuc Hao Do"},{"name":"Truong Duy Dinh"},{"name":"Van Dai Pham"}],"abstract":"Quantum computing threatens to undermine classical cryptography by breaking widely deployed encryption and signature schemes. This paper examines enterprise readiness for quantum-safe cybersecurity through three perspectives: (i) the technologist view, assessing the maturity of post-quantum cryptography (PQC) and quantum key distribution (QKD); (ii) the enterprise (CISO/CIO) view, analyzing organizational awareness, risk management, and operational barriers; and (iii) the threat actor view, evaluating the evolving quantum threat and the urgency of migration. Using recent standards (e.g., NIST's 2024 PQC algorithms), industry surveys, and threat intelligence, we synthesize findings via a SWOT analysis to map strengths, weaknesses, opportunities, and threats. Results indicate uneven and generally insufficient preparedness: while PQC standards and niche QKD deployments signal technical progress, fewer than 5\\% of enterprises have formal quantum-transition plans, and many underestimate \"harvest now, decrypt later\" risks. Financial, telecom, and government sectors have begun migration, but most industries remain exploratory or stalled by costs, complexity, and skills gaps. Expert consensus places cryptanalytically relevant quantum computers in the 2030s, yet delayed preparation could leave today's data vulnerable for decades. We recommend immediate steps: establishing crypto-agility, creating quantum transition roadmaps, prioritizing PQC deployment in high-value systems, and upskilling cybersecurity teams. A coordinated, proactive approach is essential to secure current and future digital assets in the quantum era.","source":"arXiv","year":2025,"language":"en","subjects":["cs.CR"],"url":"https://arxiv.org/abs/2509.01731","pdf_url":"https://arxiv.org/pdf/2509.01731","is_open_access":true,"published_at":"2025-09-01T19:27:06Z","score":69},{"id":"arxiv_2510.23356","title":"IoT-Driven Smart Management in Broiler Farming: Simulation of Remote Sensing and Control Systems","authors":[{"name":"Sandra Coello Suarez"},{"name":"V. Sanchez Padilla"},{"name":"Ronald Ponguillo-Intriago"},{"name":"Albert Espinal"}],"abstract":"Parameter monitoring and control systems are crucial in the industry as they enable automation processes that improve productivity and resource optimization. These improvements also help to manage environmental factors and the complex interactions between multiple inputs and outputs required for production management. This paper proposes an automation system for broiler management based on a simulation scenario that involves sensor networks and embedded systems. The aim is to create a transmission network for monitoring and controlling broiler temperature and feeding using the Internet of Things (IoT), complemented by a dashboard and a cloud-based service database to track improvements in broiler management. We look forward this work will serve as a guide for stakeholders and entrepreneurs in the animal production industry, fostering sustainable development through simple and cost-effective automation solutions. The goal is for them to scale and integrate these recommendations into their existing operations, leading to more efficient decision-making at the management level.","source":"arXiv","year":2025,"language":"en","subjects":["eess.SY","cs.ET"],"doi":"10.1109/TEMSCONLATAM65810.2025.11238529","url":"https://arxiv.org/abs/2510.23356","pdf_url":"https://arxiv.org/pdf/2510.23356","is_open_access":true,"published_at":"2025-10-27T14:06:13Z","score":69},{"id":"arxiv_2502.12174","title":"Robust blue-green urban flood risk management optimised with a genetic algorithm for multiple rainstorm return periods","authors":[{"name":"Asid Ur Rehman"},{"name":"Vassilis Glenis"},{"name":"Elizabeth Lewis"},{"name":"Chris Kilsby"},{"name":"Claire Walsh"}],"abstract":"Flood risk managers seek to optimise Blue-Green Infrastructure (BGI) designs to maximise return on investment. Current systems often use optimisation algorithms and detailed flood models to maximise benefit-cost ratios for single rainstorm return periods. However, these schemes may lack robustness in mitigating flood risks across different storm magnitudes. For example, a BGI scheme optimised for a 100-year return period may differ from one optimised for a 10-year return period. This study introduces a novel methodology incorporating five return periods (T = 10, 20, 30, 50, and 100 years) into a multi-objective BGI optimisation framework. The framework combines a Non-dominated Sorting Genetic Algorithm II (NSGA-II) with a fully distributed hydrodynamic model to optimise the spatial placement and combined size of BGI features. For the first time, direct damage cost (DDC) and expected annual damage (EAD), calculated for various building types, are used as risk objective functions, transforming a many-objective problem into a multi-objective one. Performance metrics such as Median Risk Difference (MedRD), Maximum Risk Difference (MaxRD), and Area Under Pareto Front (AUPF) reveal that a 100-year optimised BGI design performs poorly when evaluated for other return periods, particularly shorter ones. In contrast, a BGI design optimised using composite return periods enhances performance metrics across all return periods, with the greatest improvements observed in MedRD (22%) and AUPF (73%) for the 20-year return period, and MaxRD (23%) for the 50-year return period. Furthermore, climate uplift stress testing confirms the robustness of the proposed design to future rainfall extremes. This study advocates a paradigm shift in flood risk management, moving from single maximum to multiple rainstorm return period-based designs to enhance resilience and adaptability to future climate extremes.","source":"arXiv","year":2025,"language":"en","subjects":["cs.NE","cs.CE","cs.CY"],"doi":"10.1111/jfr3.70118","url":"https://arxiv.org/abs/2502.12174","pdf_url":"https://arxiv.org/pdf/2502.12174","is_open_access":true,"published_at":"2025-02-13T21:42:08Z","score":69},{"id":"doaj_10.26730/1816-4528-2025-2-69-77","title":"Development of a flowchart of the processes of a risk-based MRO system applied to mining enterprises","authors":[{"name":"Chernyh V.G."},{"name":"Otrokov A.V."},{"name":"Grinko D.A."},{"name":"Grinko A.A. "},{"name":"Mironova A.O."},{"name":"Bogatyrev A.R."}],"abstract":"This article discusses the key aspects of developing process flowcharts for risk-based maintenance and repair (MRO) systems. The main attention is paid to the study of the methodology for creating such schemes that take into account various types of risks associated with the operation of equipment and its maintenance. The paper presents the results of an analysis of existing approaches to risk management in MRO systems, as well as recommendations for optimizing processes based on identified risks. The authors propose a structured approach to the development of flowcharts, which includes the identification of critical control points, the choice of optimal methods for monitoring the condition of equipment and the development of corrective action plans in case of deviations from the norm. Examples of the application of the proposed methodology in real mining facilities are considered, which makes it possible to assess its effectiveness and practical significance. The main stages of creating such a scheme are described, starting with the analysis of existing processes and the identification of key risks associated with the operation of equipment. Special attention is paid to the methods of risk identification and assessment, as well as their impact on the reliability and safety of production systems. The principles of building flowcharts are described, which make it possible to integrate risk management methods into the daily activities of enterprises. Attention is paid to the practical aspects of applying the developed solutions in real-world operating conditions of industrial equipment.","source":"DOAJ","year":2025,"language":"","subjects":["Mining engineering. Metallurgy"],"doi":"10.26730/1816-4528-2025-2-69-77","url":"https://gormash.kuzstu.ru/index.php?page=article\u0026id=4573","is_open_access":true,"published_at":"","score":69},{"id":"doaj_10.35898/ghmj-81s1182","title":"Correlation between Duration of Antiretroviral Therapy and Glomerular Filtration Rate in People Living with HIV/AIDS: A Cross-sectional Study in Cirebon, West Java, Indonesia","authors":[{"name":"Tiara Sekar Ayudhipasha"},{"name":"Menik Herdwiyanti"},{"name":"Sedayu Sedayu"}],"abstract":"\nBackground: West Java ranks the highest Province with Human Immunodeficiency Virus (HIV) case in 2023. An estimated 1.648 patients estimated receive antiretroviral therapy (ART). Kidney disease contributes mortality amongst people living with HIV/AIDS (PLWH). Tenofovir disoproxil fumarate (TDF)-based ART was associated as risk factor of kidney disorders, indicate by declining glomerular filtration rate (GFR). However, there is limited study whether kidney disease among PLWH were related to ART use in Indonesia.\n\n\nAims: To determine correlation between duration of antiretroviral therapy and glomerular filtration rate (GFR) in people living with HIV/AIDS.\n\n\nMethods: This is an observational study with cross-sectional design. Eighty-nine HIV patients on antiretroviral therapy for at least three months with normal baseline GFR were studied. Estimated GFR calculated using the Cockcroft-Gault equation. Data obtained were analyzed with spearman correlation test.\n\n\nResults: Among 89 subjects, as many as 38 patients (42.7%) on therapy less than 12 months, 29 patients (32.6%) were on ART more than 24 months, and 22 patients (24.7%) 12-24 months. ART with normal kidney function were 62 patients (69.7%). Whereas 29.2% were mildly decrease GFR, and only 1.1% were mild to moderate decrease GFR. The analytical statistic showed a no significant between duration of antiretroviral therapy and GFR in PLWH with a p-value of 0.199 and Spearman’s r of 0.137.\n\n\nConclusion: There was no significant correlation between duration of antiretroviral therapy and glomerular filtration rate in PLWH.\n","source":"DOAJ","year":2025,"language":"","subjects":["Medicine","Management of special enterprises"],"doi":"10.35898/ghmj-81s1182","url":"https://www.inschool.id/publications/index.php/ghmj/article/view/1182","is_open_access":true,"published_at":"","score":69},{"id":"doaj_10.5604/01.3001.0055.5421","title":"Editorial","authors":[{"name":"Anna Szychta"}],"abstract":"Dear Authors and Readers,The closing issue of “Zeszyty Teoretyczne Rachunkowości” (ZTR, “The Theoretical Journal of Accounting”) for 2025, vol. 49, number 4, once again provides an engaging and multidimensional review of contemporary research trends in accounting. This Special Issue, titled Contemporary challenges, conditions and directions of development of accounting, gathers 13 studies that explore the ongoing transformation of the accounting discipline driven by technological advancements, sustainability demands, and evolving expectations from professionals and educators. The featured articles reflect a diverse range of approaches, from theoretical modelling and comparative analysis to bibliometric synthesis and empirical evaluation, offering a comprehensive perspective on the accounting field as it advances into a new digital and regulatory era.At the intersection of behavioural finance and accounting communication, Adeel Ali Qureshi and Mateusz Lemańczyk present a comprehensive literature review in their paper Attention metrics and stock market reactions to accounting events: A literature review. By combining bibliometric analysis with the TCCM frame- work, they investigate how investor attention, measured by media coverage, online search activity, and textual complexity, influences market reactions to accounting disclosures. Their findings highlight the increasing significance of behavioural insights and data analytics in understanding how financial information is perceived, processed, and priced.The paper by Mateja Brozović, Sanja Sever Mališ, and Dominik Piršić, titled Financial accounting analysis of leverage and profitability: Evidence from Croatian SMEs, expands the discussion to corporate financial performance. Using key financial ratios from small and medium-sized enterprises in Croatia, the authors analyse the relationship between leverage and profitability, providing empirical evidence that enhances understanding of the financial resilience and risk structures of SMEs, a vital yet often overlooked segment of the European economy.Renáta Hornická and Renáta Pakšiová examine the development of non-financial disclosure in their paper Scope of sustainability reporting in the largest companies in Slovakia in 2017 and 2022. By analysing textual data from the annual and sustainability reports of major Slovak firms, they document a noticeable growth in the scope and depth of ESG reporting following the introduction of the Non-Financial Reporting Directive. Their findings offer timely insight into how regulatory pressure drives increased corporate accountability and the institutionalisation of sustainability reporting in Central and Eastern Europe.A broader institutional and regulatory perspective on sustainability assurance is examined by Tanja Laković, Daniel Zdolšek, and Milica Vukčević in their paper  Development of the regulatory framework for sustainability assurance: A comparative analysis of the transition from NFRD to CSRD in Slovenia and Montenegro. This comparative study highlights the challenges and opportunities of implementing the new EU Corporate Sustainability Reporting Directive in Montenegro, a non-EU member state. It highlights differences in readiness and institutional adaptation between EU member and candidate countries.From a theoretical perspective, Serhii Lehenchuk and Viktoriia Makarovych offer an innovative conceptual discussion in Theoretical foundations of accounting for intellectual investment property: Towards standard setting. Their paper develops a framework for recognising and measuring intellectual investment property, bridging gaps between traditional accounting and emerging forms of intangible capital. By proposing theoretical principles for potential standardisation, the study adds a significant perspective to debates on accounting for knowledge-based assets in the digital economy.The linguistic and communicative aspects of accountability are examined in Raili Lilo, Elina Paemurru, and Ülle Pärl’s paper, Accountability through linguistic features: A holistic theoretical framework for sustainability reports. Through a meta- -analysis of previous empirical studies, the authors incorporate insights from legitimacy, stakeholder, signalling, and institutional theories to illustrate how language can both promote and conceal accountability in sustainability reporting. Their comprehensive framework offers a valuable basis for analysing how textual choices such as tone, clarity, and structure can influence stakeholders’ perceptions of corporate responsibility and transparency.The public sector perspective is presented by Diana Papradanova and Ventsislav Vechev in their paper An evaluation of the accounting model for reporting public sector entities’ revenues in Bulgaria in the context of the International Public Sector Accounting Standards. The authors carry out a detailed comparative analysis of Bulgarian regulations and IPSAS provisions, highlighting conceptual differences and gaps that impede transparency and comparability. Their findings offer practical recommendations for aligning public-sector accounting practices with international standards and fiscal accountability principles.The human factor and digital transformation in accounting are central themes in Katarzyna Prędkiewicz and Krzysztof Biegun’s article, Factors that influence accountants’ acceptance of Artificial Intelligence: An extended Technology Acceptance Model, which incorporates technology anxiety and experience. The authors empirically expand the Technology Acceptance Model by including variables related to technological anxiety and professional experience, offering fresh insights into how accountants view, accept, and adopt AI tools in their work. Their findings emphasise both the opportunities and psychological barriers in the move towards automation and intelligent systems in accounting practice.The contribution by Ana Rep Romić, Marzena Remlein, and Sanja Sever Mališ, titled Information technology in accounting education: A bibliometric-systematic literature review (2006–2025), focuses on the intersection of pedagogy and digitalisation. Drawing on a bibliometric and systematic literature review spanning two decades of research, the authors map global trends in the integration of IT into accounting education. Their study identifies emerging competencies, evolving educational technologies, and the changing role of educators in developing digitally literate accounting professionals capable of responding to sustainability and AI-driven challenges.Kristina Rudžionienė, Aušrinė Tamulevičiūtė, and Aurelija Kustienė’s study,  The relationship between CSR and earnings management in Lithuanian listed companies, explores how sustainability efforts relate to financial behaviour in a small, transitional economy. Contrary to prior expectations, their results indicate a positive link between corporate social responsibility and both accrual- and real-activity earnings management. This surprising outcome suggests that, in some cases, CSR initiatives might be strategically used to hide opportunistic actions. The study offers new empirical insights into ethical authenticity and transparency in financial reporting across Central and Eastern Europe.The intersection of family business and accounting research is explored in Amin Soheili’s paper Family business and accounting research: A structured literature review. Through a systematic review of seventy peer-reviewed papers published between 2000 and 2024, the author maps the theoretical and methodological development of accounting research within family business contexts. Using a SWOT framework, the study highlights the underrepresentation of socioemotional and qualitative dimensions. The review advocates a broader investigation into private and emerging-market family firms, emphasising the need for interdisciplinary approaches that account for the behavioural and relational dynamics of family-owned enterprises.Gintarė Špogienė, Daiva Tamulevičienė, and Kristina Rudžionienė analyse five leading Lithuanian retail chains in their paper Integrating corporate social responsibility into internal decision-making in leading retail chains in Lithuania: A responsibility accounting perspectiveThey highlight a gap between publicly disclosed CSR and the information that genuinely influences managerial decisions. To reduce “informational noise” and enhance accountability, they suggest adapting responsibility accounting and reporting (RAR) to incorporate stakeholder-impact assessment and to categorise decisions as financial, philanthropic, or socially responsible, aligning internal controls with public CSR commitments and fostering more transparent, ethics-based governance.Finally, considering preparedness for the EU’s sustainability regime, Aleksandra Sulik-Górecka, Marzena Strojek-Filus, and Daniel Iskra, in their article Assessment of Polish companies’ preparedness for ESG reporting in the context of its determinants as evaluated by report preparers, explore Polish companies’ readiness through a nationwide survey and non-parametric inference. Most respondents rated themselves as only moderately prepared, with preparedness significantly linked to firm size (but not industry), about 70% viewing ESG reporting as complex, and they highlight a need for investment in personnel and reporting technologies. The study places these findings in the context of the roll-out of CSRD/ESRS and presents them as a baseline for more in-depth quality analysis.Taken together, the articles in this Special Issue reflect the complexity of modern accounting as a discipline that is simultaneously technological, behavioural, regulatory, and ethical. The contributions show how accounting continues to broaden beyond its traditional financial scope, including data analytics, artificial intelligence, linguistic transparency, and sustainability assurance. Each paper not only advances academic discussion but also provides valuable insights for practitioners, educators, and policymakers, enhancing the quality, relevance, and integrity of accounting information.The Editorial Team extends its gratitude to all authors and reviewers for their valuable contributions and diligent work in preparing this issue. We also thank our readers for their continued interest and engagement with the journal. We hope that the studies presented here will inspire further discussion, research, and innovation in the ever-evolving field of accounting.Marzena Remlein* Ana Rep Romić**The Editorial Team of ZTR is pleased to announce that in ZTR’s 49th year of publication, its four quarterly issues contained 39 articles: 25 in English and 14 in Polish. Their authors come from eleven countries (Bulgaria, Estonia, Croatia, Montenegro, Lithuania, Poland, the Czech Republic, Slovakia, Slovenia, Sweden, and Ukraine). We thank all the authors for their cooperation with the Editorial Team and the reviewers of their articles. The manuscripts submitted to ZTR were reviewed in 2025 by 73 reviewers, including 52 from Poland and 21 from abroad. The Editorial Team would like to thank all specialists who provided anonymous reviews and insightful feedback. The list of Polish and foreign reviewers is included in this issue of ZTR and on our journal’s website at https://ztr.skwp.pl/ cms/reviewers. We encourage authors and readers to visit ZTR’s website at https://ztr.skwp.pl/, which contains extensive information about ZTR, including its presence in databases (including Scopus, Web of Science, BazEkon, EBSCO Business Source Ulti-mate, Erich Plus, CEEOL, Cejsh, CROSSREF, DOAJ, and ICI Journals Master List), as well as an invitation to a thematic issue of ZTR in 2026 titled Accounting’s Expanded Horizon: Redefining Internal Practices for Organizational Flourishing (for more, see Call for papers published in ZTR, Vol. 49, No. 2 and at https://ztr.skwp.pl/cms/CMS:647). On behalf of the entire ZTR Editorial Team, I wish all authors, reviewers, members of the Editorial Board, and readers of ZTR a lot of health, happi-ness, and peace, as well as numerous professional successes in 2026. Yours sincerely,Anna Szychta","source":"DOAJ","year":2025,"language":"","subjects":["Finance"],"doi":"10.5604/01.3001.0055.5421","url":"http://ztr.skwp.pl/gicid/pdf/01.3001.0055.5421","pdf_url":"http://ztr.skwp.pl/gicid/pdf/01.3001.0055.5421","is_open_access":true,"published_at":"","score":69},{"id":"crossref_10.35854/19981627-2025-10-1302-1313","title":"Digital transformation of industrial enterprises as a special type of innovation","authors":[{"name":"Bezhan Sh. Sobirov"}],"abstract":"Aim. The work aimed to study the conceptual content of the digital transformation of industrial enterprises, as well as to identify and systematize the characteristics of digital transformation as an innovation distinct from traditional types of innovation. Objectives. The work seeks to analyze the approaches to interpreting the concept of “digital transformation”; to substantiate the need to identify a special type of innovation, namely digital innovation, for classification purposes; and to identify the elements and stages of implementing digital transformation as a digital innovation. Methods. The study employed comparison and classification, analysis and synthesis, and structural modeling within a systems approach. Results. Digital transformation implies the widespread adoption of digital technologies. It differs from digitalization in the scale and depth of changes, since digital transformation encompasses all aspects of activity and is comprehensive and radical in nature, while digitalization can be targeted. Digital transformation of an industrial enterprise, which contains an element of novelty, is a type of innovation. However, within the traditional classification scheme, it is difficult to determine the type to which it can be classified. It is proposed to consider digital transformation of enterprises as a special type of innovation, that is as digital innovation. The key difference between digital innovation and traditional innovation is its reliance on new digital technologies, while digital innovation can also be involved in the creation or improvement of products and processes, as well as the transformation of business models in general. Conclusions. Digital transformation cannot be examined only from a technological perspective. It involves changes to the organization’s overall management system (organizational structure and management mechanisms, business processes, corporate culture, employee engagement, and competencies). Due to this composite nature, applying traditional innovation classifications to digital transformation is challenging. Therefore, it seems rational to identify a specific type of innovation, namely digital innovation, that can be associated with both individual products and processes and the business model as a whole. An innovative business model for an industrial enterprise has more capabilities for success than a single innovative product or process. Incremental improvements do not yield radically new solutions for meeting customer needs and the methods for achieving them. Digital transformation has the potential for such change.","source":"CrossRef","year":2025,"language":"en","subjects":null,"doi":"10.35854/19981627-2025-10-1302-1313","url":"https://doi.org/10.35854/19981627-2025-10-1302-1313","pdf_url":"https://emjume.elpub.ru/jour/article/viewFile/2641/1568","is_open_access":true,"published_at":"","score":69},{"id":"ss_8b8886f6da527455f7f1baca89cf5d8944a3ff67","title":"Financial Risk Management Early-Warning Model for Chinese Enterprises","authors":[{"name":"Haitong Wei"},{"name":"Xing Wang"}],"abstract":"As enterprises face increasing competitive pressures, financial crises can significantly impact on their capital operations, potentially leading to operational difficulties and, ultimately, market exclusion. Consequently, many enterprises have begun to utilize financial early-warning systems to guide and control risks. Currently, there is neither a universal nor comprehensive enterprise financial risk management model in China, nor a unified classification standard for enterprise financial risk management levels. This article takes financial data on A-share listed companies in 2020 as the data sample, including those with special treatment (represented by ST) or non-ST status. We establish an independent indicator system within the framework of profitability, solvency, operational capability, development potential, shareholders’ retained earnings, cash flow, and asset growth. The model is constructed employing the factor–logistic fusion algorithm. The factor part addresses the issue of collinearity among risk indicators, and the logistic part presents the results in probabilistic form, enhancing the interpretability of the model. The prediction accuracy of this model exceeds 89%. Finally, by applying the principles of interval estimation theory to statistical hypothesis testing, we categorize the risk levels into Grade A, representing significant risk; Grade B, representing moderate risk; Grade C, representing minor risk; and Grade D, representing no risk. This article aims to provide a comprehensive definition of a universal financial risk management early-warning model applicable to all enterprises in China.","source":"Semantic Scholar","year":2024,"language":"en","subjects":null,"doi":"10.3390/jrfm17070255","url":"https://www.semanticscholar.org/paper/8b8886f6da527455f7f1baca89cf5d8944a3ff67","pdf_url":"https://www.mdpi.com/1911-8074/17/7/255/pdf?version=1718953645","is_open_access":true,"citations":12,"published_at":"","score":68.36},{"id":"ss_b5521dbc6df4d650730b4af027c83f281b05166b","title":"THE IMPORTANCE OF MARKETING INNOVATIONS AS THE BASIS OF MANAGEMENT OF THE ENTERPRISE’S COMPETITIVENESS","authors":[{"name":"Olena Ievseitseva"},{"name":"Oleksandr Mihalatii"}],"abstract":"THE PURPOSE OF THE ARTICLE is to establish the importance and relevance of marketing innovations in the company's activities and to determine their impact on managing the competitiveness of business entities as a whole. RESEARCH METHODS. Various methods were used to research marketing innovations and competitiveness: analysis of special literature and views of scientists; methods of empirical research; method of abstraction, grouping and illustration; method of system analysis, etc. The use of these methods can be comprehensive for the best study of marketing innovations and management of competitiveness in the activities of various enterprises. PRESENTING MAIN MATERIAL. It has been established that the relevance and importance of marketing innovations is constantly growing in the conditions of a rapidly changing business environment, where new technologies, changes in consumer habits, competitive pressure and other factors require stakeholders to constantly adapt and introduce innovations into the marketing strategies of business entities. In the conditions of rapid changes in the market and the growing complexity of the business environment, marketing innovation is becoming a key tool for achieving success and sustainability of companies. Companies that actively innovate in their marketing usually have a better chance of attracting consumer attention and staying competitive. Marketing innovations are innovative approaches and strategies in the field of marketing aimed at attracting the attention of consumers, improving the competitiveness of a product or brand, as well as optimizing marketing processes. Marketing innovations can vary depending on the industry, the market and the specifics of the business, helping the company to take a stronger position in the market and provide a competitive advantage. Competitiveness management requires continuous improvement of products, processes, communications and strategies to meet changes in demand, technology and consumer preferences. The importance of marketing innovations in managing the competitiveness of the enterprise is manifested in the following positive aspects: understanding of the market and customers; development of products and services; effective marketing; increasing the efficiency of operations; interaction with clients; adaptation to changes in market conditions. CONCLUSIONS. Because of the conducted theoretical research, we established that marketing innovations are the introduction of innovative approaches, strategies, tools or technologies into the marketing activities of the enterprise with the aim of improving performance, attracting the attention of customers and ensuring competitive advantages. The main goal of marketing innovation is to introduce innovations in marketing, meet the changing needs of consumers and optimize interaction with the audience. Marketing innovation has been found to be an important factor in a competitive environment, as it allows companies to adapt to a rapidly changing market and provide sustainable competitive advantages. The ability to adapt to new trends and implement innovations can be a key element of success in modern business and increasing the competitiveness of an enterprise. Effective implementation of marketing innovations allows you to adapt to dynamic market changes, satisfy customer needs as much as possible and manage the competitiveness of the enterprise more effectively. It was established that it is important for the enterprise not only to introduce new ideas, but also to constantly adapt its strategy in accordance with changes in market conditions and customer requirements. It was determined that the effectiveness of marketing innovations for the enterprise depends on: the growth of profitability; customer satisfaction; market share; innovative competitiveness; investments in marketing; speed of implementation; employee engagement. KEYWORDS: marketing innovations; competitiveness management; business environment; company success; consumers; optimization of marketing processes; competitive advantages; innovative approaches; adaptation to changes.","source":"Semantic Scholar","year":2024,"language":"en","subjects":null,"doi":"10.30857/2415-3206.2023.2.7","url":"https://www.semanticscholar.org/paper/b5521dbc6df4d650730b4af027c83f281b05166b","pdf_url":"https://jrnl.knutd.edu.ua/index.php/mng/article/download/1538/1442","is_open_access":true,"citations":6,"published_at":"","score":68.18},{"id":"arxiv_2407.16854","title":"Impacts of National Cultures on Managerial Decisions of Engaging in Core Earnings Management","authors":[{"name":"Muhammad Rofiqul Islam"},{"name":"Abdullah Al Mehdi"}],"abstract":"This study investigates the impact of Hofstede's cultural dimensions on abnormal core earnings management in multiple national cultural contexts. We employ an Ordinary Least Squares (OLS) regression model with abnormal core earnings as the dependent variable. The independent variables analyzed include Hofstede's dimensions: Power Distance Index (PDI), Individualism (IDV), Masculinity (MAS), and Uncertainty Avoidance Index (UAI). Our findings reveal that individualism is positively associated with abnormal core earnings, suggesting that cultures characterized by high individualism may encourage practices that inflate earnings due to the prominence of personal achievement and rewards. In contrast, masculinity negatively correlates with abnormal core earnings, indicating that the risk-taking attributes associated with masculine cultures may deter earnings management. Interestingly, uncertainty avoidance is positively linked to abnormal core earnings, supporting the notion that managers tend to engage more in earnings management to minimize fluctuations in financial reports in cultures with high uncertainty avoidance. The relationship between power distance and abnormal core earnings is found to be non-significant, indicating no substantial effect in this context. These findings contribute to the literature on cultural influences in financial reporting, providing valuable insights for policymakers and multinational firms concerning the cultural contexts within which financial decisions and reporting occur.","source":"arXiv","year":2024,"language":"en","subjects":["econ.GN"],"doi":"10.7176/EJBM/16-4-07","url":"https://arxiv.org/abs/2407.16854","pdf_url":"https://arxiv.org/pdf/2407.16854","is_open_access":true,"published_at":"2024-07-23T21:41:40Z","score":68},{"id":"arxiv_2402.10067","title":"LLM-based policy generation for intent-based management of applications","authors":[{"name":"Kristina Dzeparoska"},{"name":"Jieyu Lin"},{"name":"Ali Tizghadam"},{"name":"Alberto Leon-Garcia"}],"abstract":"Automated management requires decomposing high-level user requests, such as intents, to an abstraction that the system can understand and execute. This is challenging because even a simple intent requires performing a number of ordered steps. And the task of identifying and adapting these steps (as conditions change) requires a decomposition approach that cannot be exactly pre-defined beforehand. To tackle these challenges and support automated intent decomposition and execution, we explore the few-shot capability of Large Language Models (LLMs). We propose a pipeline that progressively decomposes intents by generating the required actions using a policy-based abstraction. This allows us to automate the policy execution by creating a closed control loop for the intent deployment. To do so, we generate and map the policies to APIs and form application management loops that perform the necessary monitoring, analysis, planning and execution. We evaluate our proposal with a use-case to fulfill and assure an application service chain of virtual network functions. Using our approach, we can generalize and generate the necessary steps to realize intents, thereby enabling intent automation for application management.","source":"arXiv","year":2024,"language":"en","subjects":["cs.DC","cs.AI","cs.FL","cs.HC","cs.LG"],"doi":"10.23919/CNSM59352.2023.10327837","url":"https://arxiv.org/abs/2402.10067","pdf_url":"https://arxiv.org/pdf/2402.10067","is_open_access":true,"published_at":"2024-01-22T15:37:04Z","score":68},{"id":"doaj_10.35898/ghmj-72987","title":"Improving Pulmonary Tuberculosis Treatment Adherence: The role of patient knowledge in Cirebon, West Java, Indonesia","authors":[{"name":"Sri Marfuati"},{"name":"Hikmah Fitriani"},{"name":"Mustika Weni"},{"name":"Firanda Putri Riawan"}],"abstract":"\nBackground: With 10 million cases around the world, pulmonary tuberculosis (TB) has been classified as a highly contagious disease and mostly affecting low and middle countries. Having the second highest incident cases in West Java of Indonesia, Cirebon becomes a challenging city in order to reduce the number of TB cases in the country.\n\n\nAims: This study aims to identify the patients’ knowledge and treatment phases, and how the two factors encourage patients to comply with their medication.\n\n\nMethods :  This cross-sectional observational study was conducted among 91 new pulmonary tuberculosis patients at the Cirebon City Community Lung Health Centre, selected using random sampling. Not only respondent characteristics, but also data on the patients' knowledge levels, treatment phases, and medication adherence were collected using a questionnaire and medical records. To assess the relationship between these variables, the collected data was then analyzed using the Spearman Correlation test. Ethical clearance was obtained from the Health Research Ethics Commission, and informed consent was gathered from all participants.\n\n\nResults: This study reveals the most updated characteristics of the Tuberculosis patients at the Cirebon City Community Lung Health Center aged 15-64 years old with treatment duration ranged 1-6 months. The majority have insufficient knowledge about tuberculosis (45.1%), and 75.8% of patients adhered to their prescribed medication regimen, regardless of their knowledge level. The data indicates a significant positive correlation between knowledge level and medication adherence (p = 0.015), with 95% of patients with good knowledge adhering to treatment compared to only 34% with poor knowledge. Furthermore, there is a significant relationship between adherence and treatment duration (p = 0.002), as 85% of patients who adhered to treatment did so for more than two months.\n\n\nConclusion: The study shows that patients with better knowledge of tuberculosis are more likely to stick to their medication, which also leads to longer treatment durations. Given the high incidence of TB in the region, these findings suggest the need for targeted educational programs to enhance patients' understanding of TB, thereby improving adherence to treatment protocols.\n\n\nReceived: 20 May 2024, Reviewed: 09 June 2024, Revised: 26 August 2024, Accepted: 30 August 2024.\n","source":"DOAJ","year":2024,"language":"","subjects":["Medicine","Management of special enterprises"],"doi":"10.35898/ghmj-72987","url":"https://publications.inschool.id/index.php/ghmj/article/view/987","is_open_access":true,"published_at":"","score":68},{"id":"doaj_10.31483/r-111459","title":"The role of the technical university in ensuring the personnel sovereignty of enterprises and the professional implementation of engineers","authors":[{"name":"Tatyana D. Sannikova"},{"name":"Zhanna N. Aksenova"}],"abstract":"The work is devoted to the study of the problems of forming a full-fledged set of competencies of engineers, contributing to their professional implementation and ensuring the personnel sovereignty of domestic enterprises. The necessity of participation in the training of engineering personnel of enterprises of the real sector of the economy, especially the high-tech sector, is substantiated. The role of integration of technical universities and enterprises in the process of personnel training to ensure technological and personnel sovereignty of the Russian industry is shown. The personnel sovereignty of the Russian economy is impossible without attracting a sufficient number of highly qualified specialists who have received education in relevant, practice-oriented programs that include not only basic knowledge, skills and training skills, but also \"soft\" skills that allow you to choose and apply successful behavioral and communication strategies in various production situations. The main factors that need to be guided by when building an effective system for training engineers are identified. Underestimation of these factors, leading to the exclusion of disciplines such as business planning, resource management, and business communications from the educational programs of technical universities, reduces the effectiveness of training graduates who replenish the personnel corps of enterprises, therefore, special attention is paid in the article to the problem of forming a set of competencies of engineers that contribute to their professional implementation and, ultimately, ensuring human resources the sovereignty of the high-tech sector of the economy.","source":"DOAJ","year":2024,"language":"","subjects":["Education (General)","Theory and practice of education","Special aspects of education"],"doi":"10.31483/r-111459","url":"https://doi.org/10.31483/r-111459","is_open_access":true,"published_at":"","score":68},{"id":"doaj_10.22034/jdmal.2024.2032285.1468","title":"Investigating the relationship between the morphology of Tamarix, Calligonum, and Iranian mesquite with the morphological characteristics of Nebkas(Case Study: Rigan, Kerman)","authors":[{"name":"Abdolmajid Amirzadeh Ghasri"},{"name":"Saeideh Kalantari"},{"name":"Mahdi Tazeh"},{"name":"Alibeman Mirjalili"}],"abstract":"Extended Abstract IntroductionToday, erosion is a major factor in land degradation in Iran. Since a large portion of Iran is located in arid and semi-arid climates, wind erosion can be an effective means of destroying and causing damage in these areas. Nabkhas have distinct morphometric components from other erosional forms, but some of these parameters can affect the amount of wind sediment transfer. Identifying and measuring the relationship between these parameters and examining the process of changes in certain physical and chemical characteristics of sediments can have a significant impact on planning operations to reduce wind sand transfer and improve the analysis of sediment characteristics. The phenomenon of sand entering human centers in the southeast of Kerman province and Rigan city is considered a problem. This research aims to investigate the impact of the morphology of the species Tamarix, Calligonum, and Iranian mesquite on the morphometrics of the nabkhas in Rigan city and analyzing the measured parameters of the Nabkhas morphometry and their correlations using statistical methods. Material and MethodsThe city of Rigan, which covers 8600 square kilometers, is located south of Kerman. This city is one of the most important centers with the highest priority. Aerial photographs and Google Earth images were used to determine the area of Nabkhas, and a field visit was conducted to assess the development of Nebkas' territory.This area is a major source of wind erosion in Kerman province and even in the country. The severity of erosion is such that date trees with a height of more than 5 meters are buried under sand sediments. The first step was to measure the morphometric characteristics of Nabkhas along 6 one-kilometer transects. The characteristics of the Nabkhas of each of the Calligonum, Iranian mesquite, and Tamarix plants were measured separately. To investigate the characteristics of Nabkhas, the morphological characteristics of Nabkhas including height and diameter of the base were measured. The characteristics of the vegetation that forms Nabkhas were studied by measuring plant morphological factors, such as crown diameter and plant height. Statistics were collected from 44 farms that use Tamarix plants, 51 farms that use Iranian mesquite plants, and 38 farms that use Calligonum plants in total.Results The regression analysis between plant height and Nabkhas height indicates that the slope of changes in Nabkhas height compared to changes in vegetation height is higher in sedge and mesquite plants than in Calligonum. The height of Nebka is more affected by Tamarix changes than the other two plants. Based on the evaluation of the regression results between the canopy diameter and the canopy height, it can be concluded that the slope of the canopy height changes is greater than the slope of the canopy diameter changes in Calligonum and Iranian mesquite plants, respectively. It can be concluded that the Calligonum plant's crown diameter has a greater effect on Nabkhas' height changes than the other two plants. The regression results between plant height and root diameter indicate that the slope of root diameter changes is greater than that of plant height changes, respectively. It can be concluded that the height changes of the Tamarix plant are more significant in influencing the diameter changes of the Nabkhas base than the other two plants. The slope of diameter changes of the base compared to the changes of diameter of the plant crown, respectively, is higher in calligonum and mesquite plants than in Tamarix. Changes in the diameter of the crown of the Calligonum plant have a greater effect than the changes in the diameter of the other two plants on the changes in the diameter of the base of Nabkhas. Results and DiscussionNabkhas with Iranian mesquite have a longer base length in proportion to height than Nebkhas with Tamarix and Calligonum. The geomorphological characteristics of four plant species in Lut Plain's western region were examined, and it was found that the nebkhas with Tamarix have an average height of 1.5 meters and an average base of 4.2 meters. The Nabkhas' Iranian mesquite has an average height of 1.5 meters and an average base of 1.6 meters. Thus, their research results are in accord with the results of this research. According to the correlation results, the morphology of Tamarix, Calligonum, and Iranian mesquite species is significant compared to the morphometric characteristics of Nabkhas, which is consistent with the results (2 and 16). According to the regression results, Tamarix plant has a higher slope of changes in height compared to vegetation. The Calligonum plant has a higher slope of changes in height compared to diameter of plant canopy compared to the other two plants. On the other hand, the slope of changes in the diameter of the Nabkhas base compared to the changes in plant height of Tamarix is greater than that of the other two plants. The slope of the changes in the diameter of the base compared to the changes in the diameter of the plant crown is greater than that of the other two plants. The morphological characteristics of the sediments in the studied area indicate that storms are extremely strong throughout the year, causing a significant movement of sand in the area.","source":"DOAJ","year":2024,"language":"","subjects":["Human ecology. Anthropogeography","Agriculture","Management of special enterprises"],"doi":"10.22034/jdmal.2024.2032285.1468","url":"https://www.jdmal.ir/article_714639_36b6c0198371e5b5bfaf87cc7ef06f14.pdf","pdf_url":"https://www.jdmal.ir/article_714639_36b6c0198371e5b5bfaf87cc7ef06f14.pdf","is_open_access":true,"published_at":"","score":68},{"id":"ss_d43bc7791987da2fab00443e42c561f018912da6","title":"Sustainable Development of Agricultural Enterprises with an Active Environmental Stance: Analysis of Inter-Organizational Management Accounting","authors":[{"name":"L. Khoruzhy"},{"name":"Y. Katkov"},{"name":"E. Katkova"},{"name":"A. Romanova"},{"name":"M. Dzhikiya"}],"abstract":"Objective: The purpose of the research is to investigate the concept of system sustainability in the framework of inter-organizational management accounting with particular attention to the environmental sustainability of agricultural enterprises. The study is aimed at researching the factors affecting the stability of the cooperative, understanding the mechanism for achieving sustainability, and developing an adaptive system of management accounting for environmental costs.   Methods: The research relies primarily on conceptual and theoretical analysis. In addition, it attempts to develop an adaptive system of management accounting with a special emphasis on environmental costs.   Results: A form for reporting on environmental costs adapted for companies with an active environmental stance and participants in inter-organizational cooperation is developed. The form is designed to account for environmental costs by type of activity, an example of which is livestock production. The study also emphasizes the need to adapt the range of products to the changing requirements for organic food, diversification of production activities, and a focus on green investments.   Conclusion: Responding to the requirements of global trends and progress, producers should diversify their production activities and develop fundamentally new products. Agricultural producers should become a promising industry for investment with an emphasis on green investment.","source":"Semantic Scholar","year":2023,"language":"en","subjects":null,"doi":"10.55908/sdgs.v11i3.386","url":"https://www.semanticscholar.org/paper/d43bc7791987da2fab00443e42c561f018912da6","pdf_url":"https://ojs.journalsdg.org/jlss/article/download/386/314","is_open_access":true,"citations":18,"published_at":"","score":67.53999999999999},{"id":"ss_9e502b85ad04900545ccea1c5d56ad3ad9d9014b","title":"ADAPTIVE RISK MANAGEMENT IN FOOD INDUSTRY ENTERPRISES: INTEGRATION OF STRATEGIES AND INNOVATIONS IN AN ENVIRONMENT OF ECONOMIC INSTABILITY","authors":[{"name":"Grazyna Kacicka"}],"abstract":"This article examines modern approaches and innovations in risk management at food industry enterprises. The focus is on the development of a comprehensive, multi-level risk management mechanism that combines both traditional and advanced methods of risk analysis, assessment, and minimization. The study emphasizes the importance of a comprehensive approach to identifying both external and internal risks, including monitoring market trends, political and environmental changes, and operational processes. Special attention is given to the development of flexible and adaptive risk management strategies capable of rapid modification in response to changes in the external environment and encompassing various response scenarios. The article highlights the significance of integrating modern technologies and analytical tools into the risk management process, including the use of big data, artificial intelligence, and machine learning for accurate forecasting and risk assessment. The author of the article points to the need to enhance the culture of risk management at all levels of the enterprise, including regular training and increasing employee awareness. The article underlines the importance of regular monitoring and evaluation of the effectiveness of the risk management system, as well as maintaining open communication with stakeholders and regular reporting on the state of risks and measures taken. Particular attention is paid to continuous improvement and integration of innovations to enhance the effectiveness of the risk management system, defining the significance and innovation of the integrated approach. The research results present significant interest for forming the theoretical basis of risk management, as well as for practical application in a real business environment, contributing to the formation of more resilient and innovative enterprises in the food industry. Keywords: adaptive management, enterprise, food industry, crisis management, economic instability, risk, integrated approach, strategy, innovation, risk management mechanism.","source":"Semantic Scholar","year":2023,"language":"en","subjects":null,"doi":"10.62034/2815-5300/2023-v1-i1-006","url":"https://www.semanticscholar.org/paper/9e502b85ad04900545ccea1c5d56ad3ad9d9014b","pdf_url":"https://doi.org/10.62034/2815-5300/2023-v1-i1-006","is_open_access":true,"citations":10,"published_at":"","score":67.3},{"id":"ss_ea444e0ade9d0a65c34d410d90ea95290f467b75","title":"STRATEGIC MANAGEMENT OF HUMAN RESOURCES OF ENTERPRISES BASED ON DIGITAL COMPETENCIES","authors":[{"name":"Iryna Mihus"}],"abstract":"The article focuses on the need to take into account digital competences in the strategic management of the company's human resources. The purpose of the article is to systematize the main elements of the human resources management strategy of enterprises based on digital competencies. The methodological basis of the research was the use of general scientific methods: comparison (when studying research terminology), analysis and synthesis (to study the main directions of research in previous publications), modeling (to present a model of strategic management of human resources of an enterprise based on digital competencies), as well as special methods : grouping methods (to create a digital competence assessment pyramid) and a graphic method. The article examines a number of scientific works devoted to the concepts of \"human resources\", \"strategic management\", \"strategic management of human resources\" and \"digital competences of personnel\". This made it possible to propose the author's concept of \"strategic management of human resources based on digital competences\", under which we propose to understand the model of perspective management of the enterprise by harmonizing the strategic goals of development with its capabilities and interests of employees in the conditions of digitalization of the economy. The article proposes a model of strategic management of human resources based on digital competencies, the main elements of which include: purpose, tasks, prerequisites, principles, functions, objects, subjects, methodology for evaluating the human resources of an enterprise based on digital competencies, motivation of human resources to the acquisition of digital competences, the main consequences of the implementation of the company's human resources management strategy based on digital competences. A \"pyramid for evaluating digital competencies\" is proposed, the use of which will contribute to the step-by-step identification of digital competencies in all business processes of the enterprise, which will contribute to the development of an effective human resources management strategy. It is emphasized the need to use in-house training, which is based on the use of the strategy of anticipatory training of specialists during their entire professional activity.","source":"Semantic Scholar","year":2023,"language":"en","subjects":null,"doi":"10.31732/2663-2209-2022-70-131-138","url":"https://www.semanticscholar.org/paper/ea444e0ade9d0a65c34d410d90ea95290f467b75","pdf_url":"http://snku.krok.edu.ua/index.php/vcheni-zapiski-universitetu-krok/article/download/554/627/1531","is_open_access":true,"citations":4,"published_at":"","score":67.12},{"id":"ss_931ccdba10d4e197e8aecdcf92b6fe7c0a391091","title":"MANAGEMENT OF FINANCIAL RISKS OF ENTERPRISES AS A PREVENTION COMPONENT OF THEIR FINANCIAL INSTABILITY AND BANKRUPTCY FOR THE SUSTAINABLE DEVELOPMENT ACHIEVING","authors":[{"name":"L. Burkova"},{"name":"Vira Shepeliuk"},{"name":"Serhii Rtyshchev"}],"abstract":"The development is impossible without ups and downs, as a result the stability is disrupted. It is hypothesized that development cannot occur continuously, and therefore it does not exclude the possibility of unstable states. The enterprise unsustainable development is characterized by its financial failure, which is identified with its bankruptcy. At the same time, bankruptcy and liquidation of enterprises in Ukraine is currently a fairly common phenomenon. The purpose of the article is to systematize the methods of financial risk management of enterprises as an ingredient prevention of their financial instability and bankruptcy for achieving sustainable development. A set of general scientific and special research methods were used to solve the set tasks, in particular: generalization and comparison - to establish similarities and differences between the results of research by other authors regarding their understanding of the essence of the categories \"development\", \"sustainable development\" and \"risk\"; grouping of indicators - to operate with information of the kinds and types of risks existing in the scientific literature and to operate with statistical data of the initiated bankruptcy procedures number of legal entities in Ukraine; mathematical - to develop a model for determining the maximum allowable value of lost cash flow of the enterprise, graphic - to visualize the presentation of information, etc. It is substantiated that the prevention of bankruptcy of enterprises is a tool for the sustainable development ensuring. An economic and legal tool is the plan of sustainable development of the enterprise that helps to solve the problem. Its component should be an economic analysis of the company's financial condition. At the same time, any enterprise carries risks related with its business activities. Scientists mostly recommend to use the minimum cost criterion for measures to reduce risk to its acceptable level as the main criterion for risk management. However, the question arises: what risk is considered to be acceptable? For the determination it is advisable to model the movement of the company's cash flows and to identify the limits that lead to unacceptable results for the company, For example, that can lead to the deterioration of the company's financial condition as well as to its bankruptcy and even liquidation. It is taken into account that the economic activity of the enterprise can take place both under normal operating conditions and burdened by certain extraordinary events. The method of determining the maximum permissible risks for enterprises of two groups is substantiated: for the ones, which violation of the bankruptcy procedure in general is possible; for the ones, which violation of the bankruptcy procedure is unlikely. The events that determine the risks during the export of products are considered.","source":"Semantic Scholar","year":2023,"language":"en","subjects":null,"doi":"10.36690/2674-5208-2023-1-98","url":"https://www.semanticscholar.org/paper/931ccdba10d4e197e8aecdcf92b6fe7c0a391091","pdf_url":"https://public.scnchub.com/efmr/index.php/efmr/article/download/233/173/1128","is_open_access":true,"citations":3,"published_at":"","score":67.09}],"total":4765965,"page":1,"page_size":20,"sources":["arXiv","DOAJ","Semantic Scholar","CrossRef"],"query":"Management of special enterprises"}