Contemporary issues in business and financial management in Eastern Europe

Abstract

This special 100th edition of the Emerald book series Contemporary Issues in Economic and Financial Analysis dedicates 14 chapters to contemporary issues in business and financial management in Eastern Europe by authors invited mainly from the Rostov State University of Economics. As the title suggests, the chapters are a mix of studies on economic and financial aspects in Eastern Europe. Two chapters are dedicated to the green economy and finance and others to information technology in banks and the treasury, problems of fund raising for accumulated damage repair, company business and individual entrepreneurship activity strategy, competency-based management, the economic coenosis theory, the fiscal mechanism, global interaction in the world economy, bank economic capital model, corporate reporting and the concept of alienation. Chapter 1 is related to the Green Economy. Herein, the authors present prospects of the development of environmentally safe standards in the Russian Federation. In Chapter 2, the authors highlight the need to support new theoretical and methodological approaches for the development of a green economy’s financial framework. The development of the digital economy in the context of modern financial globalization is the study laid out in Chapter 3. The authors devote Chapter 4 to the problem of forming effective tools for attracting extra-budgetary sources and increasing the interest of contemporary Russian enterprises in implementing projects to repair past (accumulated) environmental damage. In Chapter 5, the authors shed light on the issues of the current state of marketing business orientation in Russia. A discussion of the features, factors, and conditions for competence-based management development highlighting its role in the system of banks and financial technology companies’ management system of sustainable development is laid down in Chapter 6. Chapter 7 demonstrates the use of the Coenosis Theory to design and analyze cost systems of an ordinary industrial enterprise, including the use of numerically reliable statistical computations. The study in Chapter 8 looks at the prospects of treasury technologies considering the current financial environment in Russia. In Chapter 9, the authors investigate the essence of an individual strategy for entrepreneurship activities. Chapter 10 is devoted to the problems of an optimal and economically grounded approach of the tax revenue distribution among the Russian Federation subjects. The authors in Chapter 11 look at the post-industrial information society, the role of mass communication, public information, information space, social and political discourse, as well as how Internet as a new communication environment has become exceptional. Within Chapter 12, the authors reveal the concept of economic capital, explore approaches to its evaluation, assess the implementation of the concept of economic capital in the national banking system, and identify problems and possible directions for development and convergence of the Russian approach with international requirements. In Chapter 13, the authors present and discuss corporate reporting presented by the companies themselves as one of the major sources of information for the successful business of investors and other stakeholders. In Chapter 14, the authors examine various scientific projections of Marx’s central concept of labor alienation (ontological, epistemological, praxeological, and perceptual).