Andrey Sergeevich Pozdnyaev

Geopolitical instability, civil and military conflicts lead to the destruction of national and global economies. The restoration of a post-conflict territory is ensured by economic policy aimed at stabilizing economic and social processes in the region. In modern economic studies, the role of a stabilizer and development of economic potential is assigned to taxation. The purpose of this work is to study the application of tax policy in post-conflict regions and countries in order to use their positive experience. The scientific article summarizes tax trends in post-conflict regions, determines the most effective fiscal instruments and mechanisms in the practice of stabilizing the affected territories. Based on statistical data and current tax legislation, the features of the adaptation tax mechanism in new Russian regions are analyzed. The article concludes that it is necessary to strengthen the economic potential of a post-conflict region by forming its own revenue base through the use of stimulating tax instruments and modern tax administration technologies.

This study investigates the relationships between sustainable human capital management practices, ESG performance, ESG disclosure, and firm financial performance. Using a sample of 387 S&P 500 firms from 2013 to 2023 and a panel data regression approach, we examine the impact of training expenditure, workforce diversity and inclusion, pay equity, and employee benefits on ESG performance. We also explore the association between ESG performance and ESG disclosure, the effect of ESG performance on financial performance, and the moderating role of ESG disclosure in the ESG-financial performance relationship. Our findings reveal that sustainable human capital management practices have a positive and significant impact on ESG performance, which in turn positively influences firm financial performance. We also find a positive relationship between ESG performance and ESG disclosure, and that ESG disclosure moderates the ESG-financial performance link, with the positive association being stronger for firms with higher levels of ESG disclosure. This study contributes to the literature by offering an integrated approach to examine the relationships between sustainable human capital management, ESG performance, ESG disclosure, and financial performance, providing novel insights into the drivers and outcomes of corporate sustainability in the context of human capital management. Doi: 10.28991/HEF-2024-05-02-08 Full Text: PDF

Entrepreneurship and Sustainability Issues is a peer-reviewed journal which publishes original research papers and case studies

Amidst the worldwide transformation of energy markets, competition in the global oil services sector has intensified, exposing the Russian oilfield services market to many challenges and risks. This study determines the ranking of the Russian oil services market at the global level. We employ expert assessments to identify relevant factors and indicators for evaluating competitive advantages in the oilfield industry. Using additive design and Saaty’s hierarchy analysis method, we determine the hierarchical structure of the factors influencing the development of oil services on the overall level of competitiveness of the oil services market. Using the integral analysis method, we develop a universal model for assessing competitiveness in the oilfield industry. Application of the model reveals that Russia ranked eighth among its main global competitors in 2017, and ranked ninth in terms of development growth rates for the period from 2007 to 2017. Practical implementation of the proposed measures can help monitor and address the major detrimental factors (i.e., decline in investments, high taxation, primitive technology, and high proportion of foreign service providers) affecting the development of Russia’s oilfield services market, the elimination of which may raise Russia’s status as an energy leader.

Optimization Model for the Russian Electric Power Generation Structure to Reduce Energy Intensity of the Economy

Financial Risks of Russian Oil Companies in Conditions of Volatility of Global Oil Prices