Foreign nationals on the Boards of Directors of Russia’s Ten Largest Non-Financial Companies Investing Overseas
This author analyses the international membership of the boards of directors of Russia’s ten largest outbound investors. The data used in the study come from the companies’ annual reports and official websites. The information is correct as of February 2017. It is concluded that foreign nationals hold 30 % of board seats in Russia’s ten largest non-financial companies investing abroad. US, British, and German nationals comprise two-thirds of foreign nationals on the boards of directors. Among...
Corporate criminal liability: case study
This paper focuses on the problems of criminal liability of juridical persons and establishing their guilt. The authors analyses relevant practices in different states with established institutions of corporate criminal liability. Perspectives of international researchers are considered and the prospects for the development of this institution in the Russian Federation examined.
1. Козлова Н. …С конфискацией // Российская газета. 2014. 21 янв.
2. Козлова...
The system and structure of sources of corporate law
This article considers the system and structure of sources of Russian corporate law. Research approaches to the notion and legal nature of sources of corporate law and their place in the system of civil law sources are analysed. The authors address the legal nature of corporate regulations, including the rules and standards of self-regulatory organisations as sources of corporate law.
1. Диденко А. А. К вопросу о развитии отечественной концепции...
Company history as a subgenre of the corporate website
A corporate website serves as a current business channel for presentation in Internet communication. The aim of this study is to determine the genre status and identify genre features of the “Company History” subsection on the corporate website. It has been established that the corporate website is a hypergenre, its sections are genres, and subsections are subgenres. Pragmatic, media-related, structural-semantic, and stylistic-linguistic subgenre parameters of the “Company History” subsection...
The alignment of stakeholders’ interests in interfirm networking
This article argues that the globalisation of markets and the transition to the information society requires the management of modern organisations to develop new solutions and approaches to management. The development of network society suggests a transition to management in the conditions of growing market turbulence and interdependence of market actors. Therefore, the ability of managers to align the diverse interests of stakeholders — groups, organizations, and individuals that affect or may...
Motivations of Russian firms to invest abroad: how do sanctions affect Russia’s outward foreign direct investment?
In 2013, Russia’s outward foreign direct investment (OFDI) soared and the OFDI stock exceeded $ 500 billion. However, a year later, Russia’s OFDI dropped by nearly 15 per cent. Rapid upward and downward swings make it necessary to analyze the motivation of Russian firms to invest abroad as well as to assess the impact of sanctions on Russian OFDI. The author points out that a significant part of Russia’s outward FDI stock is accounted for by the operations of Russian corporations in their home...
The Role of Public Companies in Creating a Platform for Economic Growth in Saint Petersburg
Saint Petersburg has a special mission in delivering national development priorities, ensuring sustainable economic growth, and commercializing R&D. This necessitates research on the situation in the corporate sector, including investment potential and propensity to invest. The authors estimate the readiness of Saint Petersburg public companies to employ investment tools in delivering development strategies, which determine to a large extent the competitiveness of the city’s economy. This article...
Information resource for corporate reporting for the innovative attractiveness of business
At present, the regulation and unification of non-financial reporting are of great interest to scientific community. International accounting standardization organizations offer a variety of reporting formats and a set of indicators of corporate non-financial reporting for their users. The article explores some provisions that regulate the composition of non-financial reporting and offers their comparative analysis. As a result of the study, the authors proposed a new composition of the reporting...
Influence of Issuer’s Corporate Actions on Stock Pricing
This article examines the theoretical and practical aspects of the impact of a joint stock venture’s corporate actions on stock pricing. The authors offer the methods of analysing this impact.
1.
Об акционерных
обществах: ФЗ от 26.12.1995 №
208-ФЗ. Доступ из справ.-правовой системы «КонсультантПлюс».
2.
Шарп У., Александер Г., Бейли Дж.
Инвестиции. М., 2001.
Klamm V...
The Baltics in the Geography of the Largest Transnational Corporations of Europe
The aim of this study is to examine the place of the Baltic States on the corporate world map, a contemporary, foreign-investment-driven alternative to the more familiar political map. To this end, the author studies the geographical place of the Baltics in the documentation of transnational corporations. The research database consists of financial reports and presentations of 60 leading European (including Russian) transnational corporations. Special attention is paid to companies from countries...
Corporate sport and its mission in the development of an international company
This article considers the problems of development of sports as a social phenomenon and a means of cross-cultural communication and international business development. The authors present data on the experimental testing of the developed corporate sport model.
Koltan S., Koneeva E.
sport, corporate sport, cross-cultural communication, cross-cultural competences
75-79
Transborder corporate integration in the Baltic Sea Region
The paper examines flows of foreign direct investment within the Baltic region. The author demonstrates close investment ties among the EU members, which are of special importance for Estonia, Latvia and Lithuania. Transborder corporate integration in the region is characterized by significant imbalances. In many aspects, it can be viewed as Sweden’s economic expansion or development of domestic markets for northern European companies. Although many German, Polish and Russian companies are involved...
Geoeconomic risks faced by the Russian Baltic region amid a deteriorating geopolitical situation
This article is a conceptual theoretical-empirical study of the geopolitical risks the Baltic Russian regions have faced amid the deteriorating geopolitical situation observed since 2014. The Baltic Russian regions are in a vulnerable position because of their geographical vicinity to EU countries, with which they share common borders, and the dramatically worsening military and political situation. To analyse geoeconomic risks, the author employed an earlier proposed methodology, which has been...
Billionaires and Millionaires of the Baltic Sea Region: A Comparative Analysis of National Business Elites
Local business elites make a major contribution to the development of the Baltic region’s countries, shaping their present and future. The Baltic business elites are an integral part of the transnational capitalist class — a product of the global economy and the global division of labour. Drawing on a sizeable body of statistics, the author conducts a comparative analysis of the Baltic states’ financial elites. The author considers such characteristics of business elites as their number, total...
Country Competitiveness: an Empirical Study
What makes countries competitive? What economic policies effectively influence country competitiveness? The aim of this research paper is to analyse country competitiveness empirically, in order to explore the factors that make countries competitive. This can allow governments to structure their business environment differently, and to elaborate strategies aimed at improving their countries’ overall competitiveness. Economic size and trading conditions have proven important for economic success...
Framework for the Analysis of Geography of Transnational Corporations Investments Abroad
This article develops a methodology for studying the geography of companies — an area of human geography that remains understudied in Russia. The authors refer to foreign direct investment (FDI) studies to stress the importance of analysing individual transnational corporations. Special attention is paid to FDI statistics, including international statistics provided by IMF, OECD, and UNCTAD, the official data of central banks on FDI destinations, and information on companies’ assets by geographical...
The institutional aspects of the discrete investment choice at a regional level (through the example of the SEZ in the Kaliningrad region)
This article considers the institutional aspects of discrete investment choice at the regional level through the example of the SEZ in the Kaliningrad region. The authors analysed the changes of the institution of SEZ throughout the latter's existence as well as the conditions of the economic agent activity within the SEZ. With the help of the Devereaux, Griffith model (1999, 2003), which describes the interconnections between the corporate taxation and discrete investment choice, the authors empirically...
Corporative personnel culture in entrepreneurship
The author discusses urgency and current necessity of the problem of corporate culture for the businessmen of the Kaliningrad region who are carrying out activity on territory surrounded by the EU. He gives special attention to fitting the European norms of corporate culture in conditions of economy globalization.
1.
Бобрик Ж.
К вопросу формирования корпоративной культуры на предприятиях Калининградской области...
The impact of corporate culture on the increase in the level of strategic relationships with corporate clients (partners)
This article offers the results of a study aimed to explore the connection between a company’s organizational culture and the level of strategic relationships with customers (partners). The author gives recommendations on the development of strategic relationships with customers (partners) and determines their effectiveness.
1.
Гальцева Н.
В.
Имидж как отражение организационной культуры предприятия // Экономика и управление...
Processes of convergence and divergence in the regions of the European Union: features and qualimetry
A higher level of unity and cohesion across the European Union member states is an important aspect of European integration though it has a rather ambiguous nature. The Law on the Common Market, which aims to increase the economic efficiency of the EU, became a subject of extensive discussions among researchers suggesting that its viability at the political and socio-economic levels depends on a fair distribution of gains among the countries and regions of the Community. These discussions resulted...
Creative Potential of Artificial Intelligence in the Context of the Idea of the New Enlightenment
The modern world is confronted with a series of global problems, exacerbated by technological advancements. In this context, concerns arise in the public consciousness regarding the potential of artificial intelligence (AI) to surpass humans in intellectual and creative activities. The topic of AI creativity becomes pertinent and sparks debates within the scientific community regarding its creative potential. In response to these challenges, members of the Club of Rome in 2018 propose the concept...
The border as a barrier and an incentive for the structural economic transformation of the Kaliningrad exclave
This paper aims to study how geopolitical shifts affect regional economies and their structures. Border functions and regimes act as tools for the economy and society to adapt to the redistribution of political influence, movements of people, goods, capital and information between integration associations, individual countries and their cores. A changed environment may slow down the development of some industries (and even cause them to decline) and give a boost to others, with these two processes...
The adaptation of Russian regions’ economies to the rupture of relations with Europe: the case of Baltic Sea ports
Despite the sweeping economic sanctions imposed by Western countries, Russia has managed to avoid a significant recession, experiencing recovery growth. The situation in the regions earlier involved in cooperation with Europe was more complicated. Yet, these territories have also succeeded in reviving their economies and returning to growth. A number of growth areas have emerged in the Russian regions, which continue to develop under sanctions. A prime example of this is Russian seaports. This article...
The geopolitical effect of the maritime factor on the spatial development of post-Soviet Russia: the Baltic case
The article explores the impact of geopolitical processes on the spatial organisation of society, a matter that has gained increasing importance in Russia. It focuses on the utilization of the World Ocean and its coastlines for resource extraction, logistics, military-strategic purposes, and settlement. Methodologically, this study combines modern socio-geographical approaches emphasising the role of the maritime factor in spatial development with classical geopolitical ideologemes drawing a line...
Economic development of Russia’s north-western regions and migration to the St. Petersburg agglomeration
This article aims to analyse the development of Russia’s North-Western Federal District (NWFD) regions between 1998 and 2021, based on data from Rosstat. It focuses on how the territories responded to migration to the St. Petersburg agglomeration in the early 21st century and compares their progress with the cores of the St. Petersburg, Moscow, and Helsinki agglomerations. For building the models, regions with similar development dynamics were divided into four sectors: St. Petersburg, the Leningrad...
Current trends in the development of a green finance system: methodology and practice
The concept of green growth and sustainable development is turning into a global ideology guiding the transformation of national economies. The focus is shifting from quantitative assessments of performance to rational choice conditions. Rationality is becoming the decisive factor behind sustainable green growth, and a change in the financial model that supports such growth may be needed. Therefore, the most urgent problems relating to sustainable growth are the transformation of the finance system...
France’s strategy in the Baltic region: military and political aspects
This article examines the current military-political strategy of France in the Baltic region. This area has not traditionally been among the main priorities of French diplomacy. However, under President Emmanuel Macron, France pays closer attention to the Baltic Sea due to the growing tension between Russia and the West. According to France’s key strategic documents, the government assesses the present-day situation mainly in a negative way, considering Russian actions as the main reason for the...
Geopolitical Security of Russia: Remarks on the Problem Statement
This paper summarizes the results of the seminar “Geopolitical Security of Russia: Remarks on the Problem Statement”, held on August 26, 2022, at the Immanuel Kant Baltic Federal University, Kaliningrad. During the seminar, the Institute of Geopolitical and Regional Studies of the university announced an initiative to devise a system of monitoring the geopolitical (regional) security of Russia. The debate centred around the development of a conceptual framework and a geopolitical security model...
A typology of the Baltic region states according to excellence in science and technology
Global manufacturing systems function in such a way that countries develop industrial specialisation, which leads to territorial disparities. The countries of the Baltic region are no exception despite their strong economic ties and developed industries. A significant element of any manufacturing system is its scientific and technological subsystem, which is described in this article for ten countries (Germany, Sweden, Denmark, Norway, Finland, Poland, Estonia, Latvia, Lithuania and Russia)...
Reputation core of Russian authorities: the case of the regional level of executive power
The importance of studying the reputation of authorities is connected, on the one hand, with the formation of a consolidated system of political power and, on the other hand, with the highly social orientation of the category of the ‘reputation of authorities’, reflecting the value-based attitude of citizens towards them. The article presents the results of research aimed at the analysis of the reputation of Russian authorities, with a special focus on the regional branch of executive power....
Small towns of Latvia: disparities in regional and urban development
The article reports on the results of an economic and sociological study conducted by the Institute of Sociology of the Russian Academy of Sciences in collaboration with Daugavpils University (Latvia) in 2020—2021. The study aimed to identify the reasons for the disparity in the development of small towns in Latvia. A comprehensive approach was taken to integrate the results of territorial, spatial and socio-economic analyses. By employing the methodology of indexing and ranking large-scale empirical...
The sea factor in the federal regulation of Russia’s spatial development: post-Soviet experience and current priorities
Current geoeconomic and geopolitical transformations project on Russian society and its spatial organisation, highlighting the problems of spatial socioeconomic development and its governmental regulation. This article examines the theoretical and applied aspects of the incorporation into the national regional policy of the sea factor, understood as a combination of location and resources, which is determined by a country’s jurisdiction over coasts and waters, its maritime activities and coastalisation...
Ethnic minority organisations in Russia and Poland: a comparison challenge
This article proposes a framework for classifying ethnic minority organisations based on a broad combination of discursive and non-discursive criteria rooted in their political opportunities profile. One diasporic and one non-diasporic organisation were chosen for Russia and Poland, respectively. Diasporicity is understood according to William Safran’s criteria and Rogers Brubaker’s triadic configuration. The Russian study cases are Komi Voityr and the Russian Polish Congress; the Polish, the...
Spatial organisation of the new forms of e-grocery and ready-made food trade in a large Russian city
This work aims to identify fundamentally new features in the spatial organization of e-grocery and ready-made food trade in a Russian city, distinct from those typical of traditional food retail enterprises. Focusing on St Petersburg, the article describes the emergence of a completely different system of requirements imposed by new forms of online food retail in the space of a large Russian city, compared with traditional industries and retail organization methods. The spatial and temporal parameters...
Non-expansionist variants of Poland's strategic culture: a retrospective of ideas and current implications
This article examines how non-expansionist types of strategic culture emerged and gradually developed in Poland. The study aims to identify the features of non-expansionist types of Polish strategic culture for a more objective analysis of the country's modern foreign and security policy. The article begins by describing the emergence and use of the concept of strategic culture, offering a typology of strategic cultures based on the work of the 'cultural realist' Alastair Johnston. Then it employs...
Features of the information security audit model of SCADA systems
The problems arising during the audit of automated control systems for technological processes and the corporate network of an enterprise are considered. The features of the formation of the audit model of automated control systems in the presence of built-in SCADA-systems are considered. The possibilities of using the audit model in the operation of control systems in real and protected time modes are considered.
Galchenko O. V. Podtopelny V. V.
risk, information system, network attack...
English as a lingua franca — a paradigm shift for Translation and Interpreting
The global spread of English as a lingua franca (ELF) has caused a fundamental change to translation and interpreting (T&I). Translation and interpreting used to revolve around bilingual mediation between native speakers and native listeners. In interpreting, in particular, more often than not, source speeches are now produced by non-native English speakers. The impact of this development has the potential to uproot our traditional understanding of T&I. This article sets out to describe how ELF...
Spatial diffusion of Asian direct investments in the northern European EU countries
The first publications on the spatial diffusion of foreign direct investment (FDI) appeared in the 1970s-1990s. Since then, many of their provisions have been repeatedly criticised as outdated and inconsistent with empirical evidence of the current stage of globalisation. Previously, only examples of ‘newcomers’ to internationalisation were used to illustrate distinct phases in the expansion of transnational companies and their effort to first establish themselves in major economic centres, as...
The population of the Kaliningrad region and the digital economy: a sociological analysis
Since 2019, the Kaliningrad region has been running a regional digital transformation programme as part of the national initiative The Digital Economy of the Russian Federation. The programme seeks to improve the quality of life by creating information infrastructure and streamlining public administration. The regional Ministry of Digital Development has already presented an interim report on its implementation focused, however, mainly on the economic performance.
The study aims at conducting...
Evaluating the impact of integration processes on the ethnopolitical competition of languages in the Baltic Region
In the literature, the impact of integration processes on language learning and usage is traditionally evaluated either through the prism of sociolinguistics or soft power. This article proposes a new conceptual approach based on measuring various aspects of competition between languages by the language integration and monopolization indices, on the one hand, and the polylingualism coefficient, on the other. The approach is applied to the situation in the Baltic Sea region of the EU. The article...
Determination of suitability of network intrusion detection rules and their mathematical evaluation
The article deals with the problems that arise when detecting network attacks using intrusion detection systems in the corporate network of an enterprise. The features of the formation of signatures of network attacks are considered. The problem of coincidence of parameters of network intrusions and parameters of damaged packets is investigated. To assess the suitability of the rules for detecting network attacks and their subsequent control, a method for upgrading the component composition...
Foreign lobbying as an instrument of defense cooperation between Poland and the United States
Defence cooperation between Poland and the United States significantly affects the security agenda of Russia, the Baltic region, and Europe as a whole. On the one hand, Poland intends to become a key partner of the US in ensuring European security. On the other hand, it has ambitions to take the leading position in the security area among the Baltic States. The Polish leadership sees an additional advantage in expanding military cooperation with the United States, regarding it as a jumping board...
Large business in the coastal zones of Russia: features and factors of localisation
Russia’s evident ‘turn to the sea’ as regards the economy, the infrastructure, and population distribution patterns is very much in line with the interests and projects of large businesses. This change manifests itself in the development of port and logistics complexes, the port industry, the construction of offshore pipelines, more active offshore oil and gas production, the growing demographic potential of coastal cities, etc. This article aims to explore the localisation of large businesses...
Parliament and law-making: modern understanding of the role of parliamentary procedures and laws in transforming society
The author analyzes the place and role of parliament in today's transforming society and investigates the causes of the crisis of parliamentarism, the confrontation between parliament and government in some countries and in others - the widespread "legitimization" of government policy in the sphere of legal norms. The author has identified the reasons for a decrease in trust to parliaments, which no longer play a decisive role in the division of power, being forced aside by the executive...
The Anglo-Saxon traditions in the educational system: educa-tion as a commercial enterprise
Since the 1990s, especially after Russia joined the Bologna Process in 2003, Russian education has been adopting the key features of the US educational system, having acknowledged its greater efficiency in comparison to the Soviet one. Russian reformers, however, often overlook the substantial socio-cultural differences between the two countries. To understand whether it is prudent to adopt and copy in Russia either selected features of the US educational system or its goals and objectives, it...
Factors and features of innovative development of the Republic of Crimea
The innovative development of a region is the essential condition for increasing its competitiveness. The reintegration of the Republic of Crimea into the Russian Federation requires considerable efforts aimed at overcoming external geo-economic barriers in socio-economic development, as well as at revitalizing the economic activities of enterprises, including production highly demanded innovative items. Given the new information concept of the Republic of Crimea the paper attempts to analyze...
Information metabolism and innovation dynamics in the Rostov agglomeration: the role of the coastal factor and economic clustering
The article focuses on the issues of innovative development of coastal agglomerations, as advancement drivers for the regions of Southern Russia, which experience a reduction in contact potential in modern geo-economic conditions that complicates international economic and technological cooperation. The aim of the study is to identify the specifics of the information metabolism processes as the basis of innovative development taking place in the Rostov agglomeration being the largest coastal...
The moving boundaries of news translation
News translation has been investigated more systematically since the mid-2000s. Since then, it has kept pushing the boundaries of translation studies by asking such questions as the following: Can we study multilingual practices that do not necessarily have an identified source text? If so, what do we analyze and compare? Can we call these practices ‘translation’? How do we integrate multimodality into our traditionally textual analyses? This article formulates tentative answers based onrecent...
City transport in Kaliningrad during the Soviet era: family photo archives
The article attempts to analyse the socio-cultural significance of transport development in the USSR within the framework of ‘visual turn’ in social sciences and the humanities. The author uses family photo archives of the 1950s—1980s, presented in the "People's Album", a digital project of the Immanuel Kant Baltic Federal University, to explore the role of the public, company and personal transport in the life of the Soviet people.
1. Gatejel L. The Wheels of Desire. Automobility...
The pedagogical aspect of irrational borrower behaviour
Irrational borrower behaviour is considered as failure to develop competencies set out in the federal requirements for non-economic professional education. The authors describe the structure of preparedness for rational borrower behaviour as part of the cognitive, socio-affective, and hortatory components and of the practical borrowing experience. The article presents the results of an empirical study into the common types of irrational borrower behaviour and their predictors in different lending...