Academic Journal

Econometric modeling of the level of stakeholder interaction at construction enterprises

Bibliographic Details
Title: Econometric modeling of the level of stakeholder interaction at construction enterprises
Authors: Mamonov, Konstantin, Gritskov, Evgeny, Velychko, Volodymyr, Zubarev, Dmytro
Source: Український метрологічний журнал; № 2 (2020); 72-77
Украинский метрологический журнал; № 2 (2020); 72-77
Ukrainian Metrological Journal; № 2 (2020); 72-77
Publisher Information: National Scientific Centre Institute of Metrology, 2020.
Publication Year: 2020
Subject Terms: UDC 334.021:658:69.009, будівельні підприємства, економетричне моделювання, стейкхолдери, рівень взаємодії зі стейкхолдерами, 9. Industry and infrastructure, 8. Economic growth, УДК 334.021:658:69.009, строительные предприятия, эконометрическое моделирование, стейкхолдеры, уровень взаимодействия со стейкхолдерами, construction enterprises, econometric modeling, stakeholders, level of stakeholder interaction
Description: The article presents the directions and results of econometric modeling of the level of interaction of stakeholders of construction enterprises. They are defined as natural and (or) legal entities or groups of persons interacting in the construction sector on the basis of strategic contours and social directions and are defined by functional, resultant, structural, process, strategic, complex features, the interaction of which has a certain level of risk and threat. That allows to form contractual relations in capital construction, to carry out architectural control, the corresponding calculations, which is provided by the design documentation, material and labor resources. To implement econometric modeling, a mathematical model of factors is constructed that characterizes the level of stakeholder engagement. A general indicator of the financial condition of construction enterprises is proposed, and a mathematical model for its determination is constructed.Within the framework of econometric modeling, criteria have been proposed that confirm the adequacy of the developed mathematical models. Interpreting the results of econometric modeling, the indirect influence of the level of formation and implementation of stakeholder interaction on the financial condition of construction enterprises is determined. This indicates that other factors influence the process and determines the need to increase the efficiency of stakeholder engagement in order to strengthen the financial condition of construction enterprises.The result of the study is the application of methods and models of econometric modeling and construction of the model of the influence of the integrated indicator of the level of stakeholder interaction of construction enterprises on the systemic factor of their financial condition. This created a quantitative basis for the application of directions and mechanisms for improving the effectiveness of stakeholder interaction in order to strengthen the financial condition of construction enterprises.
Document Type: Article
Other literature type
File Description: application/pdf
ISSN: 2522-1345
2306-7039
DOI: 10.24027/2306-7039.2.2020.208964
Access URL: http://umj.metrology.kharkov.ua/article/view/208964
Rights: CC BY
Accession Number: edsair.doi.dedup.....4e5b903eb0cd6f6d0f43e906b84c9e6c
Database: OpenAIRE
Description
ISSN:25221345
23067039
DOI:10.24027/2306-7039.2.2020.208964