Svetlana Ignatjeva

The Relationship between Working Capital Management and Profitability: A Latvian Case

In order to ensure the financial sustainability of companies under current economic conditions successful management of current assets is crucial. In practice it is quite often observed that the decisions related to current assets management in Latvian companies are made in the short-term aspects without making analysis. Efficient management of working capital is an essential condition of rise in profitability of a company. Potentialities of working capital management in the context of efficient running of business have not been studied in Latvia up until now. The main aim of this article is to examine the effect of working capital on profitability of Latvian companies. The results of the research that has been performed in relation to Latvian manufacturing enterprises confirm the existence of a correlation [tie?] between components of working capital and profitability. The developed regression equations meant for forecasting profitability of a company applying working capital management methods can be used by Latvian manufacturing enterprises. It follows that managers of an enterprise can forecast indexes characterizing profit, managing components of working capital and maintaining it on the optimum level.

Adaptation of the Organizational Learning Culture (OLC) Dimension Methodology in the Israeli Local Authorities Context.

Abstract Survival of organizations nowadays depends on their ability to learn properly and quickly increase their efficiency and their performance and to adapt to the changing environment. Creating an organizational learning culture (OLC) could achieve an increase in the survivability of organizations. This paper examines the OLC questionnaire, the developed research methodology, adapted andapproved by Israeli local authorities. This study analyses 529 questionnaires filled in by municipalitiesi employees. The aim of the research: the development of a mechanism for increasing the efficiency of the local authorities by influencing the behavior of employees through the creation of Organizational Learning Culture (OLC).

Justification of User Profiles Based on the Mental Models’ Competency

Information technologies (IT) environment of a researcher can include a large amount of computer tools. To raise the efficiency of research process, one needs to identify the groups of users and clarify the functionality of the IT environment for every individual user by considering the peculiarities of the individual’s work. The analysis of the structure of a researcher’s competence model helped the authors to describe the content and structure of the researcher’s as a user’s mental model.

Construction and Analysis of Econometric Models for the Estimation of the Commercial Value of Objects of Residential Real Estate in Latvia

Real estate market formation in Latvia occurs in the conditions of practical absence of a single system of methodological approaches to real estate estimation adapted for the Latvian conditions. In the article below it is proved that along with individual estimation it is possible to use methods of mass appraisal of the commercial value of the real estate, constructed on the basis of econometric models. Application of such models will allow us to receive rather precise, authentic estimation of the commercial value of residential real estate in the conditions of dynamics of the Latvian market of real estate.