EFFICIENCY ESTIMATION OF ANTI-CRISIS DESISIONS IN THE MANAGEMENT OF UP–TO-DATE RAW ENTERPRISES
AbstractThe article deals with modern ways of anti-crisis management at the raw enterprises taking into account different aspects of ecological problems, extensive production and exhaustion of resources, economic crises and globalization. The authors have described fundamental stages of assessment of economic efficiency of anti-crisis projects and proposed a common mechanism and mathematical model of assessment of anti-crisis solutions efficiency in the management of the iron ore company. The mechanism involves optimum reserves delineation for the best economic benefits. The authors have substantiated economic efficiency of partial extraction of unconditioned iron ore as a profitable way of anti-crisis management in modern conditions of economy development.
Baxter, R. (2013). Enterprise risk management program quality: Determinants, value relevance, and the financial crisis. Contemporary Accounting Research, No. 4, 1264-1295. Booth, S. A. (2015). Crisis management strategy: Competition and change in modern enterprises. London: Routledge.
Callan, S. J., Thomas, J. M. (2013). Environmental economics and management: Theory, policy, and applications. Boston: Cengage Learning.
Hanley, N., Shogren, J., White, B. (2013). Introduction to environmental economics. Oxford: Oxford University Press.
Heutel, G. (2012). How should environmental policy respond to business cycles? Optimal policy under persistent productivity shocks. Review of Economic Dynamics, Vol. 15, No. 2,
Khorolskyi, V.P., Khorolskyi, K.D., Gayday, D.D. (2015). Modeling of anti-crisis management of public joint stock companies of mining and smelting cluster region. Metallurgical & Mining Industry, No. 3, 57-65.
Lam, J. (2014). Enterprise risk management: from incentives to controls. New York: John Wiley & Sons.
Lowe, S. E. (2012). Natural resource economics. Economics, Vol. 333, 1001-1017.
Nusinov, V.Y., Burkova, L. A. (2015). Characteristic features of economic efficiency estimation of anti-crisis measures at ore mining and processing enterprises. Economic
Bulletin of the National Mining University scientific journal, No. 49, 82-88.
O'riordan, T. (2014). Environmental science for environmental management. London: Routledge.
Tietenberg, T. H., Lewis, L. (2016). Environmental and natural resource economics. 9th
edition. Great Britain: Pearson Addison Wesley Publishers.
Yellishetty, M., Mudd, G.M. (2014). Substance flow analysis of steel and long term sustainability of iron ore resources in Australia, Brazil, China and India. Journal of Cleaner Production, Vol. 84, 400-410.
Abstract views: 116 PDF Downloads: 52