Vol. 11 No. 2 (32) (2020)

Articles

  • Articles

    CURRENT STATE AND EFFICIENCY OF STATE ENTREPRENEURSHIP IN THE REPUBLIC OF ARMENIA

    Ashot Markosyan, Elyanora Matevosyan
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    Abstract

    As a result of the transformation from a totalitarian to the market economy, a mixed economy has formed in the Republic of Armenia with the dominant role of the private sector, thanks to which both state and private commercial organizations operate in Armenia. Currently, the state authorities are taking steps to expand the role of state-owned entrepreneurship (by definition, commercial activities aimed at making a profit). At the same time, no serious, economically sound arguments in favor of such intentions and concrete actions by the authorities are given. The authors of the article, based on the fact that there is competition between state and private entrepreneurship in Armenia, believe that economic efficiency should be the basis for the development of state business and the policies pursued in this area. In other words, all those types of economic activities that the private sector is engaged in should not become objects of state entrepreneurship. The analysis carried out by the authors also shows that state-owned enterprises in Armenia have mostly been unprofitable so far.

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  • Articles

    DIAGNOSIS AND ANALYSIS OF FINANCIAL STABILITY AT THE MICROECONOMIC LEVEL

    Grigor Mnatsakanyan, Varsenik Sargsyan, Martun Hovhannisyan
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    Abstract

    Annotation Problems of optimal bankruptcy and process management are typical even for developed countries. Among the issues raised are scientific and practical developments aimed at insolvency prevention, in which the authors attempted to have their contribution. The problem will be exacerbated when the Coronavirus Pandemic has a negative impact on almost all sectors of the economy. This will have, to put it mildly, an impact on the financial stability system of the Republic of Armenia at the micro- and macro-levels. The following article examines the criteria by which an organization's microeconomic performance affects its insolvency, as well as the characteristics of "typical successful" and "typical bankrupt" organizations for the selected group. In order to identify the problem, 3 approaches were proposed: discrete modeling, internal rating, and assessment of the financial condition of organizations by a combined method.

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  • Articles

    THE MECHANISMS AND LINKS OF THE UNIVERSITYORGANIZATION PARTNERSHIP (ON THE EXAMPLE OF THE EU AND EEU COUNTRIES)

    Kristine Nikoghosyan
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    Abstract

    The purpose of the article is to study and analyze the classifications and the types of UniversityOrganization Partnership mechanisms in the EU and EEU regions. Comparative observations of mechanisms in these regions make visible the range of gaps and problems in the Republic of Armenia. In order to make the above-mentioned issues more practical, the practice of the 5 higher educational institutions of RA in the sphere of the UniversityOrganization Partnership was analyzed. Accordingly, the integration of the factors which determine the choice of mechanisms, makes it possible to choose the channel that will be more convenient in the given time perspective and available resource conditions. The conducted research allows us to conclude that the Armenian practice of university-organization partnership has to be under systemic transformations in the framework of structural and functional perspectives.

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  • Articles

    ISSUES OF FINANCING INNOVATION ACTIVITIES IN RA

    Flora Soghoyan
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    Abstract

    Innovations are an invaluable factor in raising the competitiveness of national economies. At the modern stage of economic development, they play a decisive role as a key to optimizing economic processes. The purpose of the article is to study the major obstacles that decrease the efficiency of innovation policy on the example of the Republic of Armenia by proposing solutions in accordance with the perspective of the economic development of the country

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  • Articles

    CALCULATION OF INSURANCE PREMIUMS FOR AGRICULTURAL RISKS IN RA

    Anahit Gulyan
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    Abstract

    The present article discusses the necessity of agricultural risk insurance in the territory of the Republic of Armenia. The main result of the article is the calculation of premium for agricultural risk insurance. The calculation was done through actuarial and profitability index methods. The impact of the application of insurance premium on the incomes of the farmers was also touched upon in the work.

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  • Articles

    MAIN ISSUES RELATING TO INTERNAL AUDIT PERCEPTION

    Hripsime Hovhannisyan
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    Abstract

    In the third millennium, the role of internal audit in the economic activity both in the world and in Armenia is growing, and the interest in this profession is growing accordingly. However, there are still some misconceptions that interfere with the effectiveness of internal audit and distort the perceptions of this discipline. This article presents the main misconceptions about internal audit, their causes, and possible solutions, as well as the main differences between internal audit, inspection, and internal control.

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  • Articles

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    Robert Sarinyan
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    Abstract

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