Economics and Management最新文献

{"title":"Conceptual approach to analyzing the impact of ESG on the value of a business entityy","authors":"Sh. R. Saitov","doi":"10.35854/1998-1627-2024-2-251-262","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-2-251-262","url":null,"abstract":"Aim. To analyze and identify trends, mechanisms and problems of ESG-trends impact on the value of the company.Objectives. Systematization of key approaches to consideration of the essence of ESG-paradigm impact on the company's value; identification of prerequisites, advantages and barriers hindering the implementation of ESG-principles in the practice of Russian companies; substantiation of multilevel impact of internal and external environment on the implementation of ESGmechanisms in the context of strategic business development.Methods. In this article the trends and mechanisms of ESG-principles impact on the company's value as an integral indicator reflecting the efficiency of its activity are considered in various aspects using general methods of scientific cognition.Results. In the course of the research the important role of the company's value as an indicator that allows to comprehensively monitor the state of its affairs is shown. The analysis revealed the fact that crises, environmental degradation, the need to optimize corporate governance and the social demands of employees and local communities have become the driving factors for the introduction of ESG in the practice of companies. The author concluded that the application of ESG practices allows optimizing business processes, improving financial indicators and branding system, creating an attractive image for investors, transforming comfortable mechanisms of interaction with stakeholders based on trust, openness and transparency, as well as creating sustainable competitive advantages. The paper substantiates the assertion that the lack of unified standards, significant differences in the industry aspect in the application of ESG-paradigm, insufficient spread of this concept in our country and unformed information support serve as barriers that significantly hinder the introduction of non-financial reporting forms and ESGtools.Conclusions. The conducted research makes it possible to form a four-level model of ESG-trends impact on the company's value. It allows to take into account the factors and trends of each of them, to develop optimal mechanisms of adjustment and adaptation to new realities.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"36 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140260810","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Balance of digitalization processes in the regional economy (on the example of the Leningrad Region)","authors":"N. Kosmacheva","doi":"10.35854/1998-1627-2024-2-182-191","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-2-182-191","url":null,"abstract":"Aim. To identify the degree of balance of digitalization processes and potential imbalances in the economy of the Leningrad Region.Objectives. To characterize the sequence of development of digital sectors and technologies at the national and regional level; to consider the threats that lead to imbalances in the digitalization of the Leningrad Region.Methods. The study of digital transformation of socio-economic systems is based on the structural aspect of the system approach with the use of methods of comparison, analogies, rating, modeling.Result. Three types of potential imbalances were revealed: the lagging behind at the national and regional level of the “Economy (business)” sector from the “Power” and “Society” sectors (sectoral); a part of digital cross-cutting technologies declared for development at the federal level is not reflected in regional documents of the Leningrad Region (technological); threats to digital development, in particular, dangers associated with the legitimacy of obtaining information, the problems of its use for the purposes of interested groups (legality).Conclusions. Overcoming these imbalances requires increased investment in the digital infrastructure of the region, development of digital skills of professional staff, strengthening of personal social responsibility for the implementation of management decisions.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"133 35","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140078518","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The development of the international nuclear power plant construction market in the context of nuclear power social acceptability research","authors":"E. S. Guseva","doi":"10.35854/1998-1627-2024-1-105-114","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-1-105-114","url":null,"abstract":"Aim. To determine the vector of influence of public opinion on the prospects of development of the international market of nuclear power plant (NPP) construction in the conditions of global energy transition and to formulate the most priority directions of communication work in order to increase the Russian export of nuclear power technologies in the markets of developing countries.Objectives. To identify the current trends of social acceptability of nuclear power in the world; to consider a number of tools used to work with public opinion in the field of improving the reputation of nuclear power in countries-importers of nuclear power technologies; to substantiate the importance of communication work in order to increase Russian exports of nuclear power technologies in the markets of developing countries.Methods. Data from various sociological surveys were used to analyze the current state of social acceptability of nuclear power plants. The key methods of this study are comparative method and case study method.Results. The analysis of the international experience of society’s influence on energy policy has shown that it is impossible to implement international projects in the field of NPP construction without public support for the initiative on nuclear power development. The analysis revealed that one of the competitive advantages of ROSATOM in the international NPP construction market is the inclusion of public communication work in the export offer. Based on the analysis of the results of sociological surveys, it was found out that within the framework of communication work with the public in the importer country it is reasonable to emphasize the economic benefits of NPP operation and continuity of its functioning.Conclusions. The article shows the possibilities of increasing the Russian export of nuclear power technologies in the markets of developing countries, due to the global trend to increase the social acceptability of nuclear power and the presence of relevant competitive advantages, including within the framework of the implementation of communication strategy.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"314 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139839872","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Prerequisites and prospects for the development of carbon pricing in Belarus","authors":"D. O. Surikov","doi":"10.35854/1998-1627-2024-1-124-132","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-1-124-132","url":null,"abstract":"Aim. To consider the retrospective and existing trends in the development of national regulation of greenhouse gas emissions in Belarus, as well as to analyze the prerequisites and assess the prospects for the formation of carbon pricing mechanisms in this jurisdiction.Objectives. To study the economic, institutional and legal aspects of carbon regulation in Belarus; to identify the main problems and challenges for the state arising in the process of development of such regulation, including carbon pricing mechanisms.Methods. Using the methods of economic and legal analysis and comparison we analyzed various aspects of the functioning of the carbon regulation system in Belarus, which allow us to assess its current state and prospects for its development.Results. Currently, the Republic of Belarus is still among the jurisdictions in which the state has not sufficiently formed institutional and legal conditions for the widespread use of carbon pricing instruments, despite the long history of building a system of regulation of greenhouse gas emissions and the attempt to introduce market mechanisms of the Kyoto Protocol, which contributed to the creation of the first elements of national infrastructure for trading in carbon units.Conclusions. Among the potential drivers of the development of the carbon market in Belarus and the subsequent export of its carbon units abroad, there is a further convergence of positions and approaches on the climate agenda and carbon regulation between Belarus and Russia, other jurisdictions in the Eurasian space, within the framework of interstate associations; regarding the preparation for potential negative consequences for the national economy associated with the introduction of the European Union mechanism of cross-border carbon regulation.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"82 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139840799","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Prerequisites and prospects for the development of carbon pricing in Belarus","authors":"D. O. Surikov","doi":"10.35854/1998-1627-2024-1-124-132","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-1-124-132","url":null,"abstract":"Aim. To consider the retrospective and existing trends in the development of national regulation of greenhouse gas emissions in Belarus, as well as to analyze the prerequisites and assess the prospects for the formation of carbon pricing mechanisms in this jurisdiction.Objectives. To study the economic, institutional and legal aspects of carbon regulation in Belarus; to identify the main problems and challenges for the state arising in the process of development of such regulation, including carbon pricing mechanisms.Methods. Using the methods of economic and legal analysis and comparison we analyzed various aspects of the functioning of the carbon regulation system in Belarus, which allow us to assess its current state and prospects for its development.Results. Currently, the Republic of Belarus is still among the jurisdictions in which the state has not sufficiently formed institutional and legal conditions for the widespread use of carbon pricing instruments, despite the long history of building a system of regulation of greenhouse gas emissions and the attempt to introduce market mechanisms of the Kyoto Protocol, which contributed to the creation of the first elements of national infrastructure for trading in carbon units.Conclusions. Among the potential drivers of the development of the carbon market in Belarus and the subsequent export of its carbon units abroad, there is a further convergence of positions and approaches on the climate agenda and carbon regulation between Belarus and Russia, other jurisdictions in the Eurasian space, within the framework of interstate associations; regarding the preparation for potential negative consequences for the national economy associated with the introduction of the European Union mechanism of cross-border carbon regulation.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"120 32","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139780861","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The development of the international nuclear power plant construction market in the context of nuclear power social acceptability research","authors":"E. S. Guseva","doi":"10.35854/1998-1627-2024-1-105-114","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-1-105-114","url":null,"abstract":"Aim. To determine the vector of influence of public opinion on the prospects of development of the international market of nuclear power plant (NPP) construction in the conditions of global energy transition and to formulate the most priority directions of communication work in order to increase the Russian export of nuclear power technologies in the markets of developing countries.Objectives. To identify the current trends of social acceptability of nuclear power in the world; to consider a number of tools used to work with public opinion in the field of improving the reputation of nuclear power in countries-importers of nuclear power technologies; to substantiate the importance of communication work in order to increase Russian exports of nuclear power technologies in the markets of developing countries.Methods. Data from various sociological surveys were used to analyze the current state of social acceptability of nuclear power plants. The key methods of this study are comparative method and case study method.Results. The analysis of the international experience of society’s influence on energy policy has shown that it is impossible to implement international projects in the field of NPP construction without public support for the initiative on nuclear power development. The analysis revealed that one of the competitive advantages of ROSATOM in the international NPP construction market is the inclusion of public communication work in the export offer. Based on the analysis of the results of sociological surveys, it was found out that within the framework of communication work with the public in the importer country it is reasonable to emphasize the economic benefits of NPP operation and continuity of its functioning.Conclusions. The article shows the possibilities of increasing the Russian export of nuclear power technologies in the markets of developing countries, due to the global trend to increase the social acceptability of nuclear power and the presence of relevant competitive advantages, including within the framework of the implementation of communication strategy.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"49 13","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139780218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Trends in the development and implementation of competition policy","authors":"A. E. Mamedova","doi":"10.35854/1998-1627-2024-1-115-123","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-1-115-123","url":null,"abstract":"Aim. To study the trends in the formation and implementation of competition policy.Objectives. To analyze global trends in the process of formation of competitive policy; to identify the influence of endogenous and exogenous factors in the process of competitive policy development; to determine the general trends of the leading states of the world that contribute to the support of competitive relations.Methods. The research utilized general scientific methods (comparative, complex, systemic, structural analysis), the method of cause-and-effect relationship, logical method.Results. Competitive policy in modern conditions has acquired a dualistic character. It combines in a contradictory unity the regulation of firms and households in the domestic and foreign markets, different measures of influence on the subjects of partner and adversary countries, control and influence on the markets of monopolized and competitive industries. The function of competitiveness development includes protection from monopolism and from the rivalry of foreign commodity producers. The boundaries of fair and unfair competition are gradually blurring. Changes in the rules of economic activity legitimize the behavior of economic entities, which previously was defined as unfair and was subject to sanctions provided for by the legislation. A trend common to many countries is the application of standards and norms established at the global level by their authorities regulating competition relations to the market activities of all economic entities in the country. Attempts to adapt the best world experience in supporting competitive relations to the national and historical peculiarities of each country have become widespread.Conclusions. The analyzed trends in the development of competition policy under the influence of the ratio of exogenous and endogenous factors in each country are manifested in two main variants. One of them is the policy of openness, inclusion of the national economy in the global economic system. Another option is the policy of isolation and restraint of competition from foreign market participants. A smaller part of the states prefer to choose one of these options, the majority tries to move along a compromise path, which can bring them success with the right allocation of priorities.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"5 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139779929","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Trends in the development and implementation of competition policy","authors":"A. E. Mamedova","doi":"10.35854/1998-1627-2024-1-115-123","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-1-115-123","url":null,"abstract":"Aim. To study the trends in the formation and implementation of competition policy.Objectives. To analyze global trends in the process of formation of competitive policy; to identify the influence of endogenous and exogenous factors in the process of competitive policy development; to determine the general trends of the leading states of the world that contribute to the support of competitive relations.Methods. The research utilized general scientific methods (comparative, complex, systemic, structural analysis), the method of cause-and-effect relationship, logical method.Results. Competitive policy in modern conditions has acquired a dualistic character. It combines in a contradictory unity the regulation of firms and households in the domestic and foreign markets, different measures of influence on the subjects of partner and adversary countries, control and influence on the markets of monopolized and competitive industries. The function of competitiveness development includes protection from monopolism and from the rivalry of foreign commodity producers. The boundaries of fair and unfair competition are gradually blurring. Changes in the rules of economic activity legitimize the behavior of economic entities, which previously was defined as unfair and was subject to sanctions provided for by the legislation. A trend common to many countries is the application of standards and norms established at the global level by their authorities regulating competition relations to the market activities of all economic entities in the country. Attempts to adapt the best world experience in supporting competitive relations to the national and historical peculiarities of each country have become widespread.Conclusions. The analyzed trends in the development of competition policy under the influence of the ratio of exogenous and endogenous factors in each country are manifested in two main variants. One of them is the policy of openness, inclusion of the national economy in the global economic system. Another option is the policy of isolation and restraint of competition from foreign market participants. A smaller part of the states prefer to choose one of these options, the majority tries to move along a compromise path, which can bring them success with the right allocation of priorities.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"134 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139839739","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Crowdfunding: Nature, essence and conditions for the realization of innovative business projects","authors":"L. V. Lapidus, Yu. M. Polyakova, V. S. Tonoyan","doi":"10.35854/1998-1627-2024-1-66-79","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-1-66-79","url":null,"abstract":"Aim. Formation of methodological foundations of crowdfunding, determination of conditions for realization of innovative business projects.Objectives. Clarification of terminology, functions, categories, types and features of stakeholder interaction in the process of realization of crowdfunding campaign; description of the process of realization of innovative business projects with the help of crowdfunding; analysis of foreign and Russian crowdfunding platforms, legislative base to determine the conditions of successful crowdfunding campaign of innovative business project.Methods. The research applied methods of benchmarking, comparative analysis, inductive approach to the formation of the methodological basis of crowdfunding, modeling of the process of implementation of crowdfunding campaign of investment business projects.Results. The methodological foundations of crowdfunding are presented, the functions are described, including the collection of funds, advertising and PR of the product/service produced, scaling of the business, as well as categories, types and features of stakeholder interaction in the process of realization of crowdfunding campaign. The process of realization of an innovative business project on a crowdfunding platform is divided into five stages: MVP of the innovative product, financing of the innovative project, launch of the innovative business project on the crowdfunding digital platform, control over the project realization, launch of the innovative product into production. The analysis of the Russian legislative framework revealed a number of shortcomings in the regulation of investment platforms: lack of clarifications on the regulation of activities with cryptocurrency transactions, the conduct of which is legally permitted; attracting investments is available only to legal entities and private entrepreneurs, which hinders the development of startups and does not provide opportunities for fundraising for the implementation of social projects by individuals.Conclusions. A successful crowdfunding campaign of an innovative business project can be conducted if the conditions and sequence of stages of the process under consideration are met. At the same time, the revision of the legislative base in the field of regulating the activities of investment platforms is of particular importance in the development of this area of the economy.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"4 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139782826","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The concept of increasing the efficiency of financial risk management based on the application of new digital technologies","authors":"V. Kunin, I. E. Ryskov","doi":"10.35854/1998-1627-2024-1-80-96","DOIUrl":"https://doi.org/10.35854/1998-1627-2024-1-80-96","url":null,"abstract":"Aim. Development of the author’s concept of increasing the efficiency of financial risk management on the basis of application of the technology of creating and using the digital twin of the enterprise.Objectives. To formalize the problems of existing approaches to solving the problems of financial risk management of enterprises of the real sector of economy; to identify trends in the development of digital twins, to formulate the advantages of their practical application and to give the author’s interpretation of the concept of “digital twin of the enterprise”; to build and substantiate a multilayer system of indicators of the digital twin of the enterprise in the context of improving the efficiency of financial risk management; to develop the principles of building a digital twin of the enterprise, focused on solving the problems of financial risk management.Methods. The research was carried out on the basis of system approach, in the process of realization of which the methods of synthesis, logical comparative, factor and graphical analysis, basic provisions of financial risk management and the results obtained in domestic and foreign scientific literature on the problems of realization of approaches and methods of financial risk management were used.Results. The author’s concept of increasing the efficiency of financial risk management based on the application of new technologies for creating digital twins is proposed. In particular, by means of formalizing the problems of existing approaches to solving the problems of financial management, identifying trends in the development of methodology and technologies for creating digital twins, the idea of increasing the efficiency of financial risk management on the basis of creating a digital twin of the enterprise is outlined. The multilayer system of indicators defining the structure of this digital twin is proposed and substantiated, the tasks are defined and the principles of its construction oriented to solving the tasks of financial risk management are developed. The financial kernel of the digital twin of the enterprise is constructed, containing the contours of formation of financial indicators common for different enterprises, determining the achievement of the objectives of financial risk management and its efficiency. The qualitative substantiation of increasing the efficiency of financial risk management with the application of the methodological basis for the creation and use of digital twins proposed in the article is given.Conclusions. Conceptual provisions of creation and use of digital twins for the purposes of financial risk-management, given in the article, create a theoretical and methodological basis for increasing the efficiency of financial risk-management taking into account the use of new digital technologies and can serve as a basis for practical construction of effective systems of financial risk-management at enterprises of the real sector of economy.","PeriodicalId":513263,"journal":{"name":"Economics and Management","volume":"47 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139784666","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}