Антикризисное управление и методы финансового оздоровления предприятия
Significant change in corporate environment in 1980th has resulted in revolutionary strategic goal-shift^ from traditional accounting models to value-based management (VBM). This abstract uncovers several features of VBM evolution process, emphasizing the advantages and limitations of the concept for russian companies.
Russia may well rank highly in a relevant international rating of the formal attributes of performance-based budgeting (PBB). The Russian government has created the necessary preconditions for PBB – introducing a multi-year budget and accumulating data on performance indicators that are considered in the budget planning process. The new budget code draft currently under discussion proposes strengthening the link between the budget and programmes. However, the use of PBB tools is not a guarantee of success. The experience of many countries has demonstrated that the use of performance indicators in budget discussions, spending reviews, etc. is an essential but insufficient condition for an effective budget system. This fully applies to the Russian budgeting practices. On the one hand, Russia has introduced many PBB tools, ranging from presentational budgeting to direct budgeting. On the other hand, the effectiveness of the budget spending leaves much to be desired.
In article models of carrying out of strategic changes in conditions of financial crisis are considered. The author offers classification of strategic changes in the organization on which basis it is possible to define management types in a crisis situation. We consider four types of strategic management in a crisis situation which are directed on value of business maintenance. The general lines of successful campaigns of overcoming of crisis: fast reaction of management, concentration on the core manufactures, bases of anti-recessionary strategy are developed in advance, and the control of position in business allied industries.
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.