Financial Space

13-22

Authors: Mykola H. Dmytrenko, Julia V. Zhezherun

The article investigates the share of foreign capital in the Ukrainian banking sector, analyzes its structure; the issues of the influence of foreign capital on the development of the domestic banking sector have been considered herein; the factors that contribute to the withdrawal of foreign capital from the domestic banking sector have been revealed. The author proposes measures aimed at protecting of national interests in the banking sector and supporting of the stability of the financial system as a whole.

32-39

Authors: Kateryna L. Larionova, Vitalii. A. Vidlatskyi

In this article is theoretically grounded: the essence of the interbank lending market and its determination of the positions of system approach. The current state of the market of interbank loans in Ukraine. The necessity of developing effective measures to improve the functioning of the interbank credit market in Ukraine.

48-55

Authors: Galina V. Myskiv

This article explores the credit activity of leading international financial institutions in Ukraine. The author analyzed the dynamics of Ukraine issued loans from international organizations and tried to investigate their effectiveness. As a result, identified the positive and negative aspects of cooperation with international creditors.

63-70

Authors: Maria H. Mincenko

In the article studies the conceptual foundations of competitiveness management banking services in its complex: from the viewpoint of structural and process approaches, the system of competitiveness management banking services is constructed and its elements are determined.

77-86

Authors: Volodymyr I. Mishchenko, Svitlana V. Mishchenko

The current stage of the credit market Ukraine is characterized by systemic imbalance. These disparities has adversely affected on the stability of the banking system and hinder economic development. The article describes the main problems hampering lending to the economy, developed and suggestions to stimulate the credit process. The system of measures for improving of credit climate, the introduction of more demanding criteria for lending are offered.

95-103

Authors: Nadiia V. Rohozhnikova

The article deals with the need for statistical evaluation of the functioning of banks, proportionality of relationships, defining trends of their development for the purpose of information and analytical support of full integration of Ukraine’s banking system into international economy.

112-120

Authors: Myroslava E. Khutorna, Vladyslav V. Geleveria

The economic content of the compliance process is researched. The author highlights the interconnection among operational, reputational and compliance-risks. The effective mechanism of the bank compliance-control realization is grounded.

131-144

Authors: Volodymyr O. Chernomor

In modern conditions card payment systems have an important place in the retail business of Ukrainian banks. Participation in card payment systems is associated with considerable costs. Therefore, the optimal choice of payment system and its development strategy is an important precondition for the profitability of this activity. Therefore, the optimal choice, in terms of opportunities for bank payment system and its development strategy remains an important precondition for ensuring profitability of this business area. In the article are analyzed key costs associated with implementation of card payment systems in banks as well as sources of income from participation in card payment systems. In addition, the article provided an example of calculating the financial result of the bank’s participation in NSMEP, Visa and MasterCard.

152-160

Authors: Olena L. Biliachenko, Vasyl S. Zdrenyk

The existing system of control over the activity of credit unions in Ukraine has been studied, which made it possible to outline the components of this system and describe the basic functions, efficiency and methodical techniques of carrying out control in general and control over revenues particularly in the context of internal and external subjects of control. Typical violations that occur in the process of recording revenues of credit unions have been researched, which allowed to improve methodical approaches to carrying out internal control over the revenues of credit unions in the part of determining the stages, sources of evidence and methods of control.

168-174

Authors: Houshang Shajari, Mohsen Ghobadi

Nowadays, with the great progress in financial science, one of the most common methods that investors use, to make investment decisions, is technical analysis strategy that uses price background knowledge and related data to forecast future prices. Generally, according to various opinions, there are three different methods for investing in stock: Fundamental analysis, technical analysis, buy and hold strategy. This study evaluates the profitability of technical analysis strategy in obtaining abnormal returns using RSI, MFI, CCI, MACD, RFI indicators. Therefore, trading signal returns done by these four has been evaluated. In this study, business data of all companies accepted in Tehran stock exchange were collected, and in the period “between 2007 to 2013” by deletion of those companies that lack the essential information, the exams of this study have been done on the basis of related data of 25 companies by referring to transaction costs. The results revealed the positive returns according to technical analysis and indicator returns of technical analysis is significantly more than Risk-free interest rate . According to the results, RSI, CCI, MACD, MFI have, in sequence, more returns and all their returns were more than Risk-free interest rate.

180-189

Authors: Olga M. Shynkarenko, Oksana S. Shvedenko

The article deals with the features of functioning of credit unions in financial services market. Considers the importance of the value of credit unions in the overall system of non-bank financial institutions. Analyzes basic indicators of their activity.

197-204

Authors: Olena O. Lavrova

It has discussed the specific features of insurance, which contribute any significant accounting and objects of financial statements; substantiated their relevance, materiality and necessity disclosure in this article.

212-218

Authors: Zoriana Melnik

The paper investigates the concept of “creative accounting” conditions of its emergence and implementation. There is defined negative and positive influence on the formation of accounting policy. Methods and reasons for the use of creative accounting and manipulation of financial statements are separated. There are grounded objects, by which is often used creative accounting.

227-232

Authors: Anna I. Starukh

This article is devoted to calculation and construction of multivariable regression models of dependency of the scope of budget violations and ineffective use of budget resources from impacts. Also, is carried out the forecast of budget violations for the next period. The results of the study are presented in conclusions and suggestions.

240-245

Authors: Yuliia P. Galushko

The article investigates issues that form the theoretical basis category of “monetary policy”. They carried out the systematization of definitions of monetary policy, which is most common in science. It is distinguished two main views on monetary policy and found that in modern economic literature there is no single approach to the nature of monetary policy. Having regard to the interpretation, the given scientists term “monetary policy” despite the presence of broad and narrow approaches to understanding, we establish the definition of the economic category.

253-262

Authors: Robert F. Pustoviіt

The nature of corruption as a fundamental factor of kleptocratic economy is investigated. Theoretical models of corrupt behavior are analyzed on the base of theoretical conceptions of monopolistic and oligopolistic markets. Factors of the corrupt influence on the functioning of the kleptocratic type of the economic system are determined.

270-278

Authors: Yevgenii O. Balatskyi, Svyatoslav O. Shpitshluz

In times of instability states, regions, districts, cities and other settlements in the preparation, approval and implementation of the budget has financial risks. The disparity between revenue and expenditure side of the budget deficit transfers in the form of grants, subsidies and subsidies entail budgetary risks and raises the question of financial security budgets. Of particular importance and interest is the question of budget risks that affect the financial security of the region and their identification, assessment and management.

285-292

Authors: Olga M. Vyshnevska, Iryna V. Shevchenko

The article describes the theoretical basis and the components of environmental safety. The level of ecological and natural-technogenic safety of Ukrainian regions are investigated. The level of investment in the agrarian sector and the industrial share in GDP’s formation is analyzed. The role of the basic premises and investment in the agrarian sector of the economy is defined.

305-309

Authors: Halyna V. Durytska

The concept of investment and innovation security is revealed, transnationalization’s actual and potential impact on investment and innovation security is analyzed, main threats to investment and innovation security of Ukraine at the present stage are determined, the priorities in strengthening this type of economic security are outlined.

322-327

Authors: Inna O. Dotsenko, Ruslana S. Kukurichko

In the article basic aspects are considered in functioning of constituents of social politics of foreign countries, tendencies are educed and generalized in relation to modern directions of development and reformation. The mechanisms of financing of the system of public welfare are reflected foreign countries, their structure is considered on the example of certain countries.

335-342

Authors: Nataliia G. Pihul, Olga V. Liuta

The specificity of the social sphere in Ukraine in the context of European integration processes is considered in the article. The comparative characteristic of some socio-economic indicators of Ukraine and EU member countries is shown in the issue. The basic models of welfare states, their differences and peculiarities of financing are researched. Authors characterized the main features of the national model of social policy and determined the main directions of its further development.

352-357

Authors: Dmytro L. Tsyhanyuk

This article grounds growing importance of strategic management of «Soft Skills» development and its relationship with the motivation of bank staff. It is proved that today «Soft Skills» are more important for increasing the efficiency of bank sales than «Hard Skills», which is caused by current trends in the development of banking software for both internal and for external use. Based on the results of own research and studies of foreign scholars author proposed strategic purposes of «Soft Skills» development in domestic banks.

371-380

Authors: Hanna A. Ivashchenko, Maryna O. Kipa

The system of indicators of efficiency of management of financial resources based on the resource-functional approach. Conducted gradation levels according to the criterion of efficiency of financial resources management. The analysis of the “migration” dairy enterprises clusters allowed to differentiate the enterprise on which strategic, tactical and operational management of financial resources.

390-398

Authors: Nataliia Yu. Oliinyk

The article analyzes the features of women’s entrepreneurship in Ukraine. The research has revealed the characteristics, types and forms of female entrepreneurship. Main reasons of women’s entrepreneurship, its barriers and obstacles are identified. The causes of need to promote women’s entrepreneurship are grounded. And as a result the way to achieve it through the women’s unification in trade unions or business associations is offered.

11-17

Authors: Abdulaziz A. Abduvaliyev

As shows world experience, from year to year the factors influencing the level of stability of national economy of any country increase more and more. Therefore, to be to possible calls, ready to all, quickly to develop and apply necessary measures during the crisis period and to protect national economy, is one of the priority directions of ensuring stability of national economy. But to develop necessary strategy of ensuring stability of national economy it is necessary to analyses deeply operating economic mechanisms, strong or weak positions of national economy. Therefore, the author in this article opens a tendency of development of the industry, increase in a share of small and private business in GDP, anti-recessionary measures of the government during the world financial and economic crisis on protection and stimulation of national economy, a tendency of development of investment and a problem of implementation of the investment program of economy of Uzbekistan.

25-34

Authors: Olha I. Bilyk

In the article the essence of the change process and structure of the bank, the practical processes of merger, consolidation, division, separation, transformation of the banking sector are examined. Problems and prospects of restructuring processes in banks Ukraine are discovering.

43-49

Authors: Nadiia E. Bodrova

The mechanism of the central banks’ currency intervention is viewed. The forms of the interventions depended on monetary and currency politics targets and also instruments of their realization are examined. The criteria of the currency interventions efficiency stimation are adduced.

57-62

Authors: Аlla V. Burkovska, Ihor G. Korzhynskyi

The problems of credit support playback of property, farms Ukraine based on the study of scientific works of economists and practical experience of the farmers.

69-75

Authors: Inna V. Vlasova

Scientific views as regards to the approaches to define the economic essence of venture capital are systematized. The functions and the role of venture capital in the innovative development of the economy are considered in the article.

85--91

Authors: Yuriy B. Ganusyk

The mortgage market at high rates of inflation in the economy of the countries has been considered. Major prerequisites of the mortgage market development in Ukraine have been analyzed, as well as the measurements of fight against inflationary processes have been defined.

104-112

Authors: Mykola M. Hubai

The paper identifies the need to study the prerequisites of the current state and the level of the administrative costs of the banks. The structure and dynamics of the administrative costs in Ukraine and the EU are analyzed. Segment analysis of administrative costs of the largest banks in Ukraine is committed, and proposals on the strategy of further segmentation on the basis of the combination of administrative costs and profit are provided.

122-129

Authors: Iryna V. Didenko

This article presents a detailed review and analysis such the categories as “conditions” and “market conditions”. On the basis of different approaches there have been removed for the author determination the concept of deposit market conditions. Within this definition, the essence of demand, supply and equilibrium price in the market, its competitive environment and deposit risks.

137-143

Authors: Oleksiy О. Druhov, Lidiia P. Bratkiv

Creating effective financial instruments and mechanisms of financial transactions – is an essential condition for the retention and strengthening leading positions of the banking institution in financial services. To achieve the main goal of the banking business – making a profit – organizations need to create unique products that will single out their competitive advantage. Basis of creation of innovative offers in the banking sector – is ideas proposed by staff that are the result use of their intellectual capital. The article proposed to consider process of creating innovative product by application intellectual capital of the banking institutions and the mechanisms for the development of intellectual capacity in order to create innovative products.

151-159

Authors: Nadiia M. Zorij, Iryna V. Danyljuk

The article is dedicated to the research on improving legal regulation of organization and accounting in the public sector. Analysis of innovation in law was implemented, aimed at bringing the national accounting system and its rules with international standards. There was made the evaluation of recommended approaches in terms of feasibility, acceptability and effective application opportunities in the accounting practice of domestic public sector entities. There was found some shortcomings of the current legal support in accounting, also was grounded expediency overcome them by improving the formulation of recommendations.

165-174

Authors: Larysa А. Коval, Anna S. Pasieka

This article deals with estimation of gender segregation on the Ukrainian labour market according to the index of the gender-dominated type of unemployment and job placement.

182-189

Authors: Kateryna V. Lernichenko

This article provides the following: rationale for the formation of the system of the city of river transport in the city of Kyiv and the feasibility of implementing this type of transport in the transport infrastructure of the city; the casting of actors involved in the implementation of the programme of introduction of new passenger water transport and their functional duties; factors affecting the mechanism of implementation of the urban river transport.

196-203

Authors: Nataliia O. Misiats

The article is devoted to research of scientific approaches to definition of the “currency regulation” at the present stage of economic development. The author analyzes the views of scientists, highlights the place of currency regulation in the monetary policy and also defines the main principles of the theoretical concept of currency regulation, which have become the key to the effective functioning of the foreign exchange segment of the economic relations in the country.

212-220

Authors: Kateryna V. Oriekhova, Olena H. Holovko

It’s elaborated the methodical approach to the evaluation of professional skills of teachers whose hallmark is the existing of high, enough high, medium, low or very low levels of development of its components and elucidation of knowledge and skills that correspond these types of the professional mastery. This makes it possible to develop some measures to improve the professional skills of teachers.

230-239

Authors: Robert F. Pustoviіt

Problems of the relationship and mutual influence of cultural factors on economic development are investigated in the article. It is noted that the motivation of economic behaviour is due not only economic interests but also the cultural teachings and philosophical values, which in turn is the basis for the functioning of the institutional environment. This economic growth is explained by differences in economic institutions and features of the government’s economic policy, focusing on cultural factors.

250-256

Authors: Olga O. Selezneva

The emergence of marketing activity of construction companies in developed countries due to changes in economic relations between business entities of construction. That was the result of scientific and technical progress, widespread use of machinery and equipment, specialization and division of labor, the emergence of monopolies and oligopolies, the development of transport and communications, means of scientific and technical information, improved speed to respond to changing needs and fluctuating market conditions, the economic crisis of overproduction.

263-266

Authors: Tatjana О. Shmatkovska

The article deals with the essence of automation of accounting and analytical process that considered in control system by the enterprise restaurant complex. The article says about the value of automation of accounting and analytical process for the enterprises of restaurants and catering enterprises. It is determined the basic advantages of the most effective software on automation of accounting and analytical activity in the current economic conditions.

274-282

Authors: Victoria F. Tyschenko

The article presents the author’s view on evaluating the impact of potential public-private partnership for the level of knowledge economy. The proposed methodological support is based on the positioning of regions in the plane opportunities "RRke-Pppp" and identifying the targets, which allow to management decisions in the knowledge economic development with potential of PPP. The implementation of the proposed research allow to detect the territorial zones, which combining production, investment and financial potential of possible projects implemented on the basis of public-private partnership with a particular specialization in activities, and allow to isolate the group of regions that require more attention from the governments to raise the level of knowledge economy.

292-297

Authors: Iryna А. Chkan

The article identifies the main trends in the market voluntary health insurance, and analyzed its main indicators, the factors that influence the development of the market for voluntary health insurance in Ukraine.

304-310

Authors: Oleg A. Shevchuk

The formation of the effective financial control system was studied. The financial control system is considered as a set of subject, object and means and methods of control that interact as a single whole in the process of establishing the desired results of performance, measuring the state of control object, analysis and evaluation of measurement and making the necessary corrective actions. The problems of forming the unified financial control system and ways to eliminate them were distinguished.