Journal of Security and Sustainability Issues

This study examined the contagion effects of social media on different parties, such as producers, retailers, and consumer. Further, we empirically investigate the contagion effects of the social media and their ultimate impact on multiple performance measures. The findings give new insights into the contagion effects of social media usage across the distribution channel and important social influence mechanisms that enhance these effects. In line with the hypothesis, efficient use of social media contributes to retailer and brand performance, and consumer–retailer loyalty. In light with the advancement of technologies and growth in social media applications, this study provides a framework to promote usage by supply channel, which ultimately influences performance-related outcomes.

Engagement in an online activity is hard to sustain. Online engagement comprises a wide range of domains, and substantial classifications change in accordance with context and desired objectives (Looyestyn et al., 2017). The concept of engagement is obvious and involves cognitive and emotional concentration that may not describe all social media utilization (Smith & Gallicano, 2015). Engagement has appeared as an important idea for news agencies. Thus, this study explained media engagement, to know the extent of client experiences via web-based media, propagate engagement designs and experiences. Our research comprises of quantitative and qualitative approaches to describe the web-based engagement as a set of experience. It describes, engagement can be explained in two significant forms (those are, individual engagement and public-collaborative engagement) for advertising firms and show their expected legitimacy by demonstration that these two are connected via readership.

The purpose of this article is to identify important aspects of the development of creditworthiness in the post-crisis period. The customer’s creditworthiness was and is one of the main valuation objects in the practice of banks in the world and in Latvia, determining the usefulness and types of credit relations. It is important for both the lender and the borrower to make an objective, complex assessment of the potential borrower’s creditworthiness in order to make an informed decision. More than a decade after the global financial crisis, the financial sector is still considered vulnerable. An analysis of the borrower’s creditworthiness is a mandatory step in the credit granting process. Because the borrower’s creditworthiness depends on many factors, determining a change in all the factors, causes, and circumstances that will affect the creditworthiness in the future is a significant and rather complex issue. Consequently, the purpose of the borrower’s creditworthiness analysis is to conduct a comprehensive examination of his / her performance with a view to making a reasoned assessment of the possibility of returning the resources granted to him. The complex analysis of the borrower’s creditworthiness uses different types of economic analysis. The article analyzes the theoretical and methodological aspects of the borrower’s (legal entity’s) creditworthiness and compares the empirical research of the real practice of Latvian commercial banks in 2011 and 2018. The author investigates the choice of borrower’s creditworthiness analysis methods in Latvian commercial banks, their ranking by importance, the importance of credit policy in the lending process and the main signals that indicate the low creditworthiness of borrowers, thus confirming the likelihood of credit risk.

The article considers the problem of forming the vector of economic development on the principles of sustainable development and social economy. State security is based not only on successful economic development, but also on maintaining a balance of social interests. Social entrepreneurship is contrary to social stratification and confrontation in society. As an empirical basis for this direction of development, the authors explore the segment of non-profit organizations with constant income and organizations providing services in the social sphere of Kazakhstan. In the absence of an official definition of social entrepreneurship, these types of socially oriented activities most fully implement the principles of sustainable development, while at the same time forming economic and social value. The results of a sociological study reveal the microscopic extent of this phenomenon in Kazakhstan, and the overwhelming array of respondents focuses on the system of institutional support for social entrepreneurship. The authors developed recommendations on the regulatory legal status of social entrepreneurs and the main directions of their institutional support. Particular attention is paid to the development of intersectoral and intra-sectoral ties in the development of social entrepreneurship. The emphasis is on the accelerator model, as the most productive form of support, which has a network nature and is based on coordination mechanisms between the state and non-state actors. The formation of a full-fledged institutional environment will ensure the stability and progression of the economic development of socially oriented activities and create a critical mass of entities acting on the principles of sustainable development in the unity of economic and social values of social development.

The study of synergistic laws and patterns made it possible to substantiate and explain the possibility of their transfer to the plane of the theory of management of economic security of the enterprise in order to develop tools for synergistic management of economic security of the enterprise. The definition of the concept of “economic security of the enterprise” is proposed, which represents the ability to resist it as an ectropic factor to the influence of threats to the environment, ie the supersystems (countries and industries) as an entropy factor, as well as ability to respond to threats in a coordinated way. An algorithm for substantiating the choice of strategies for managing the economic security of the enterprise has been developed; using this algorithm based on the detection of bifurcation points and their analysis, it is possible to identify the type of crisis and take into account the existence of the internal mechanism of development inherent in the economic security of the enterprise in a certain period - adaptation or bifurcation, according to which it is necessary to develop The paper emphasizes that a high level of economic security of the enterprise depends on the formation of synergistic effects, as well as on the ability to establish coherent or coordinated relationships that will lead to cooperative processes. Three types of synergetic effects resulting from management actions are considered: functional (this is a result equivalent to the sum of the component parts), positive (this is a result that exceeds the sum of the component parts) and negative (this is a result that is less than the sum of the component parts).

Many of us are living in apartment buildings and this form of living is becoming more frequent and popular with urban development. A large number of those living in apartment buildings are also owners of the apartment they live in (or other nonresidential premises in the apartment building). Not only rights, but also certain obligations are associated with the ownership of apartments. One of the legal obligations is to bear the common costs of goods and services, which are being provided to the apartment bulding. In Slovak republic, the division of these costs and the settlement of monthly advance payments is being done on an annual basis. The basis for the division of these costs is the proportionality of the use of the common parts and common facilities of the apartment building, which is expressed in the so called person months (metric unit for settlement). By not reporting the true number of personmonths to the administrator, an owner may gain material benefit (achieve higher overpayments and lower arrears) and this illegal financial benefit needs to be covered and compensated by other owners in the same apartment building. In terms of criminal law, the owner is committing fraud (a related offence to insolvency crimes). The authors analyze the legal aspects related to this criminal offence with relation to case law, legal doctrine, based on the systematical and teleological method of interpretation of relevant legal norms. The article addresses also issues related to the purposefullness of sanctioning of perpetrators, reflecting that the primary purpose of their fraudulent behaviour was enrichment (material gain).

For any business decision, it is important to have grounded information about possible consequences of this decision. The goal of this paper is to show that performance of business companies depends on the currency regime. Therefore, decision makers have to weight decisions about currency regimes in any country, especially developing one. The author of presented paper raises a question what currency regime is better for Gorgia. In his research, on one hand, he relies on opinios of local business companies, and, on the other hand, analyses experiences of different countries, which alredy have made one or another decision in this area. The formulated insights contribute to this scientific field and may have grounded economic policy implications, facilitating economic development of Gorgia, or any other country, which is in similar path of economic development.

The subject of the study is economic relations between USA and China. The aim of the study is to characterize the dynamics of the world-system status of China in the XX-XXI centuries and the economic characteristics of its mode of production at present. The main idea of the article is to substantiate the untenability of considering the real state of the economic system of China as “socialism with Chinese characteristics”. Currently, China is integrated into the world-system according to the Beijing Consensus model. The model of China is a specific Asian capitalism, in which a special mode of capital accumulation is formed - with a higher role of the state in the process of capital accumulation than in the fourth cycle of capitalist accumulation. Its world-system status can be characterized as a strong semi-periphery, which entered the competition for hegemony in the next system cycle of capitalist accumulation. If the motion path leads China to the goal, it will be for the first time a specific non-Western hegemony. This research result allows determining the prospects for changing relations in the world economy as a result of the completion of the fourth system cycle of capitalist accumulation.

The article theoretically substantiates the methodological approaches and tools of comprehensive statistical analysis of labor migration, based on the principles of systematic research from the standpoint of integrity and integration of processes. This, in turn, allowed to identify the main elements and features that characterize labor migration, as the object of statistical research, as well as to carry out an objective analysis of the condition and development of this phenomenon at both national and regional levels. The role of statistical analysis of labor migration in the management system based on the analysis of the experience of developed countries was also determined. A conceptual approach in the field of state regulation of labor migration was proposed, which is based on the application of a systematic approach and compliance with its basic principles. The place of statistical assessment and monitoring of labor migration was established as one of the main tools for regulating the number of labor migrants from the standpoint of systematics. The results of the assessment of the procedures for acquiring citizenship and issuing permits for foreigners in Ukraine have been analyzed. Moreover, practical recommendations were provided based on a statistical analysis of the procedure for acquiring citizenship and issuing permits to foreigners in accordance with the principles of human rights and non-discrimination. Peculiarities of legal regulation regarding the migration processes in Ukraine were studied. The identified shortcomings and “gaps” in the legal field of Ukraine allow to form practical recommendations on the legal regulation of migration processes in accordance with the basic principles of European integration.

The article investigates the specifics of the military-industrial complex functioning in Ukraine. Theoretical analysis has shown that the development of the country’s defense industry and the state of enterprise`s financial security within this industry have a dual impact on various components of the national security system: is a realization tool of the national interests, which in turn creates opportunities for its strengthening, and it can also be a source of threats to the state`s economic security by its components due to the accumulation of internal negative elements on enterprises (insufficient development and low level of military products competitiveness, obsolescence of fixed assets at enterprises, etc), as well as due to the low ability of enterprises to respond adequately to the challenges arising from changes in external conditions and factors (disruption of sustainable cooperation, increased competition between different military products in domestic and foreign markets, etc). The activity legal framework, legal status and structure of the state concern “Ukroboronprom” have been defined. The strategic growth priorities of defense industry of Ukraine have been cleared up. The financial security of enterprises operating in the defense industry can be ensured not only by using passive mechanisms to resist internal and external destructive factors, but also by mechanisms of efficient interaction with the environment. This in turn allows the company to avoid the need to invest capital in sources of raw materials, production or creation of distribution channels. Access to certain technologies or knowledge, the advantages of narrow specialization and the possibility of increasing consumer value, these all are important reasons for establishing strategic cooperation between different companies.