During the COVID-19 pandemic, society has undergone significant changes with implications for employee values and job satisfaction. As a reflection of social needs, corporate social practice is also changing compared to before the pandemic. This paper examines the perception of corporate social practices by personnel and their impact on staff satisfaction. The empirical study carried out in the Russian Federation and the Republic of Kazakhstan allowed the authors to identify social practices that influence the level of personnel satisfaction with professional activity before and after the pandemic. The research determined general tendencies and differences in the perception of social practices with the most significant personnel satisfaction in the period before and after the pandemic. The authors also developed recommendations that should be taken into account when forming corporate social practices. The study’s novelty is the investigation of an empirical relationship between the levels of satisfaction with professional activity and implemented social practices in the period before and after the pandemic. The research found that the tendencies in Russia and Kazakhstan are similar to the global trends. Employees before the pandemic were highly satisfied with their activities and corporate social responsibility practices. After the pandemic, when society is disconnected and individualized, employees are focused on material security, and social practices have no significant influence on staff satisfaction. The paper offers recommendations for companies to implement appropriate social practices for the common interests of employers and staff.
Purpose This paper analyses the modern market for project finance, its sectorial structure and main development trends. This study aims to form a constructive diagnostic toolkit for investment support of infrastructure design in regions, taking into account spatial asymmetry in the context of an integrated management approach. Design/methodology/approach When analyzing the public–private partnership (PPP) project performance, it is reasonable to distinguish the following two levels of discount rates: state and private. To achieve a high level of development of the general infrastructure of a region, a conceptual approach to the formation of investment support for the development of regional infrastructure has been developed. Findings The scientific contribution of this study is to improve the approach to modeling investment support for regional infrastructure design in the context of spatial asymmetry. Implementation of infrastructure projects creates prerequisites for sustainable economic growth, improvement in business and investment and social attractiveness of the national economy and its regions. Practical implications The practical significance of this study is that its main provisions allow for an effective regional socio-economic policy, based on the systemic development of regional infrastructure and aim at boosting competitiveness. Originality/value Recommendations can be used by regional and local authorities to formulate a socio-economic strategy for regional development as well as by representatives of private business who intend to engage in regional PPP projects.
Against the background of globalization and the deepening struggle for international markets, competitiveness is among the most important indicators describing the performance of an enterprise. The purpose of this study is to create a methodology for assessing the level of competitiveness of enterprises. The proposed methodology is based on a dual model integrating the parametric and nonparametric methods for assessing the effect of using the financial mechanisms of competitiveness management. This study relies on regression and factor analysis. The focus is on the competitiveness level of 12 agricultural enterprises operating in Russia. Among the studied enterprises, the most competitive one is the enterprise that makes the best use of available resources when moving toward the desired amount of income (profit) and minimum costs. The proposed approach allows not only to assess the true level of competitiveness of an enterprise but also to identify reserves it can exploit to improve its competitiveness using financial instruments. At the same time, the stochastic dual approach proved to be a better choice in developing a competitiveness strategy.
<p>The current study shows that the development projects for single-industry towns should provide a close relationship between the goals of strategic development, public expenditure, final results, as well as the principles and tools of the project approach. The paper introduces a classification of development projects for monotowns. Such projects, if oriented to innovative development, are often implemented within the framework of an anti-crisis strategy, limited investment resources, and a lack of qualified specialists in the field of project management. Effective project management, especially development projects, requires skilled personnel with modern competences in project management. Personal competences of the stuff should comprise behavioral (leadership, ethics, etc.), contextual (project orientation, finances, etc.) and technological abilities (requirements and targets of the project, concerned parties, risks, etc.). Such competencies, consistent with international standards in the field of project management, will effectively manage by the development projects for monotowns in the conditions of constant changes, an increased level of risks and insufficient development of institutions</p>
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