Company capitalization has become a household name nowadays. Presently most successful companies find ways to weigh their operations on the enterprise value model. Though the government level uses quite a different system of axes to measure the efficiency of regional development. Till recently one could consider it fashionable to discuss GDP doubling challenge in Russia. Today this topic appears to be less vital but the more important issue is that gross accounting parameters, while poorly adapted for the strategic planning purposes, are still widely used on the macro management level. So methods built on the basis of such criteria are scarcely adjusted to analyze the efficiency of varieties of scarce recourses allocation. Correspondingly they can't be adequately employed to search optimal ways to realize the regional economic potential. Few experts would argue the doctrine that the concept of business cost is a more adequate strategic management measure than book profit.. We claim that Value-Based Management concept (VBM) which proved to be effective in the private sector can be adjusted to solve the relevant managerial problems on the regional level.
The article considers the uniform account of budget in the Russian Federation, opened for the Federal Treasury Office. On the basis of analysis of the mechanism of functioning of the uniform account the author shows its importance for effectuation of budgetary process.
Key words: budget, execution of budget, Federal Treasury Office, uniform account of budget, cash servicing of execution of budget.
Organizing and regulating influence of public authorities on the activity of the population of the region, in order to streamline and reproduce, based on their power force.
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.
We address the external effects on public sector efficiency measures acquired using Data Envelopment Analysis. We use the health care system in Russian regions in 2011 to evaluate modern approaches to accounting for external effects. We propose a promising method of correcting DEA efficiency measures. Despite the multiple advantages DEA offers, the usage of this approach carries with it a number of methodological difficulties. Accounting for multiple factors of efficiency calls for more complex methods, among which the most promising are DMU clustering and calculating local production possibility frontiers. Using regression models for estimate correction requires further study due to possible systematic errors during estimation. A mixture of data correction and DMU clustering together with multi-stage DEA seems most promising at the moment. Analyzing several stages of transforming society’s resources into social welfare will allow for picking out the weak points in a state agency’s work.