Volume 11, 2002
Investment CLIMATE
Victor
MOSKVIN. Quality
in Russian projects
The
risks of investment project implementing and financing reveal a number of
problems confronting both the project participants and the investors and
bankers. A problem producing the most grave risks for complicated investment
projects in Russia today is the quality of new manufacturers and new products.
Vladimir
TUROVETSKY. Taxation
of foreign juristic persons in Russian construction business
Taxes
are the most efficient tool of the state regulation of international economic
relations. Globalization makes this subject still more acute. The problem of
sharing the taxation rights between the countries concerned comes to
highlights.
Investment MARKET
Mikhail
PISKULOV. Direct
foreign investment: growing up to increase competitive power
In the
recent decade the DFI are growing at a rate far exceeding that of the world
economy and exports, their prevalent form becoming mega-merger and takeover.
These are connected with the decreasing role of inherent basic competitive
factors and the growing importance of advanced technologies, innovations,
knowledge, “human capital”. The consequent system of “global production”
embraces first of all the developed countries. Yet a few developing countries
and transition economies managed to attract considerable DFI thus having
increased their competitive power.
Agnia
FURSHCHIK. Organization
of outsourcing in the corporate management
A new
form of business organization in the modern economy - outsourcing, its
variations and trends. Outsourcing advantages over conventional forms of
economy organization, and unfavorable consequences of its unreasoned
introduction. Functions are recommended which should be transmitted to outside
companies. Proper outsourcers allow for a company to acquire extra flexibility
while remaining in control of general management. Special attention is paid to
outsourcing in Russia hampered by the specific market and legislation.
Boris
MELNIKOV, Valentina
MARKOVSKAYA, Anastasia SHKURENKO. Investment market:
the market situation in the 1st half year 2002
The
paper deals with the investment situation emerged in the 1st half
year 2002, the investment structure and dynamics.
Investment TECHNOLOGIES
Maxim
LISITSA. The
theory of capital structure: the survey and model supplement
The
survey of the known theories and structural models of finance sources for
company assets. An opinion on dependence of a company cost on the value of its
securities financial risks in the ideal capital market with relented
restrictions.