МЕТОДИКИ ОЦЕНКИ КРИЗИСНОГО СОСТОЯНИЯ И ВОЗМОЖНОСТИ ИХ ПРИМЕНЕНИЯ ДЛЯ ЭЛЕКТРОЭНЕРГЕТИЧЕСКИХ КОМПАНИЙ
The issue of financing the power industry in recent time is one of the sharpest in the industry. The need for investment and new technologies of generation and transportation of electricity, the need to make electricity generation more environmentally friendly offers to attract a large number of funds into the sector. However, the access to investment capital will get only financially strong companies with well-organized management system. In this regard, the selection and use of methods of prediction of crisis developments in the electricity industry is one of the keys to a correct choice of object of investment.
The article describes existing models and techniques for analyzing and predicting the crisis state of enterprises of the power industry of the Russian Federation, and also the analysis of an example of the largest energy companies in order to determine their effectiveness in modern conditions of industry.
The paper presents an analysis of the G20 summit held under the French Presidency in Cannes on November 3rd and 4th 2011. The author assesses the summit agenda and decisions made by the leaders in the key areas of coordination, including the strategy for growth and jobs, reform of the international monetary system, actions to restore financial stability and strengthen the medium-term foundations for growth, deepening of financial sector reform, fight against corruption, investing for global growth. The paper highlights the challenge of implementing two agendas: the planned and the anti crisis one. The conclusion sums up the strengths and weaknesses of the summit and the G20 summitry, reviews the features of the G20 institutionalization, makes a forecast for the sequence of presidencies after 2015, and puts forward brief recommendations for the Russian G20 presidency in 2013. The publication is prepared within the framework of a joint project of Russian International Affairs Council (RIAC) Project and International Organizations Research Institute of the NRU HSE "Increasing Effectiveness of Russia's Participation in G8, G20 and BRICS in accordance with Russian Priorities and National Interests".
Monograph by S. Khasyanova «Upgrading Banking Regulation and Supervision in Russia in the line with International Standards» is devoted to the study of the development of banking regulation and supervision in Russia on the basis of international principles and standards. The process of implementation of international principles and standards of banking regulation in the Russian Federation and the following consequences are analyzed in the context of financial stability. Particular attention is paid to macroeconomic regulation and development of prudential regulations and requirements for banks, taking into account banking sector peculiarities. The regulation of systemic risk, identification of systemically important banks and applied to them a particular regulatory regime were investigated. The Deposit Insurance System and its role in enhancing the stability of banks as well as its directions of improvement are also considered in the study. The book is intended for professionals in the field of finance and banking, teachers and students of universities’ economic and financial departments.
Development of distributed generation is one of the modern trends in the electric power industry worldwide. The main drivers are technology progress and energy policy (stimulating development of RES, cogeneration, “green energy”, etc.). Furthermore, consumers’ request for higher service standards is important. Liberalization of the electric power industry creates additional opportunities for the development of distributed generation. Also it is necessary to synchronize the development of the electric power industry, heat industry, and consumers’ generation.
Authorities of the state regulation, creditors and investors are interested in getting reliable information about the banking sector activities. The procedure of bank financial soundness and accountability evaluation is carried out by supervision authorities as well as by international and national rating agencies. The analysis of the methodologies of bank accountability evaluation and forecasting in Russia shows the following results. The Bank of Russia makes decisions on banks financial soundness based on financial coefficients of different groups; the calculations are grounded on the official bank statements. Apart from financial indicators, rating agencies evaluate qualitative parameters of the bank activities. The common problem of the bank financial accountability analysis in Russia is the lack of use of the forecasting methods predicting the financial statement of banks and the probability of default. As a result, the problem-free banks corresponding to the demands of the supervision authorities on standards were considered to be problematic during the crisis. The aim of this research is the dynamic analysis of the main indicators of the Russian banks activities at the different stages of the economic cycle in order to identify the indicators of the early bankruptcy prediction and the opportunity to forecast the changes in the bank financial statement.
The manual focus on the innovative development of electric power based on the introduction of advanced technological and organizational solutions. The mechanisms of the industry innovation, taking into account the uncertainty of the environment and the crisis in the economy.
The book addresses issues of strengthening innovation in energy companies, related to the implementation of integrated solutions, including technological, organizational and socio-economic innovation: the introduction of elements of the smart grid, low power, control mechanisms energy deman
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.