Exploring of the Mechanism of Achieving the Objectives of Airports Restructuring
Journal Title: Бізнес Інформ - Year 2014, Vol 11, Issue 0
Abstract
The article is aimed at clarifying of the minimum allowable values of indicators of success of individual restructuring measures, achieving and exceeding of which would best meet the economic needs of airports. Relationships between changes in the indicators of meeting the economic needs of airports, caused by the restructuring measures, were analyzed. The minimum value of the indicator of success of the resource-technological restructuring required to achieve the main goal of image restructuring was specified. In order to meet the acute needs, the airports are primarily in need of image restructuring, which is directed to improve their profitability and investment attractiveness. The ultimate goals of image restructuring can be achieved only on condition of harmonization of activities and results of the capital-property and resource-technological restructuring. The logit regression, elaborated in the study, shows that the ability of airports to ensure return on capital, which is owned by the State, is primarily determined by the level of availability of the reserves of own operating capital. The prospects of the selected research areas include the improvement of techniques for economic evaluation of investment projects on the basis of the logit regression model, elaborated in the study, and its economic interpretation.
Authors and Affiliations
Sergiy Arefiev
Keywords
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