Suchergebnisse

Social entrepreneurship is a developing economic and social phenomenon that needs scientific interpretation and solid legal framework. Russian and foreign researchers are actively discussing the content, boundaries, determinants of social entrepreneurship. The article examines modern approaches to the definition of social entrepreneurship, summarizes the typology of social enterprises, analyzes the characteristics of socially oriented non-profit organizations. The author gives a description of socially oriented non-profit organizations in the Russian Federation, points to the legitimacy of these organizations as a public service and recipients of government preferences and presents the reflections on the exclusion of government institutions from social entrepreneurship.

The study improved budgeting efficiency at industrial enterprises with evidence from Russia, Italy, and the Middle East. In the era of contemporary globalization and technological advancement, a budgeting system holds paramount significance in the effective management of the financial operations and activities, enhancing the overall efficiency of the firm's cash management, mitigating the risk of finance misallocation, and improving the overall financial performance of the enterprise. However, despite its effectiveness, there is a lack of evidence supporting budgeting automation and its efficiency in managing industrial enterprises. More so, limited theoretical and practical relevance is found in the context of Russia, Italy, and the Middle East. This research intended to fill the existing research gap where a qualitative research design was opted. Primary data were collected from the budgeting heads of 3 pharmaceutical firms, each located in Russia, Italy, and Iran. In-depth interviews with 3 budgeting heads identified that the conventional incremental budgeting system needed amendment and replacement with a consolidated and contemporary yet flexible approach to bring radical improvements at the macro-environment level within the industrial enterprise. The key findings led to the development of a model to improve budgeting efficiency, comprising three components: information and analytical/accounting support for budgeting, production accounting information, and a combination of the regulated operation prices. The consolidation of these three components can yield budgeting efficiency. Doi: 10.28991/ESJ-2023-07-01-013 Full Text: PDF

Objectives: This research aims to develop a new economic model and conceptual directions for increasing the sustainability of regional budgets in the Russian Federation. Methods: The research methodology is based on empirical methods (data collection, study, and comparison), methods of synthesizing theoretical and practical material, and mathematical and statistical analyses. When processing information, methods of systematization and grouping were used. The budgets of the constituent entities of the Russian Federation (BCERF) are the object of this study. The authors proposed grouping and revealed the consequences of the factor actions for the regions, leading to a reduction in income, an increase in the expenses of the BSRF, the need for government borrowing, etc. Findings: Conceptual directions for increasing the sustainability of regional budgets in the Russian Federation were proposed, such as eliminating the practice of subsidies in areas not defined by regulatory legal acts and improving the methodology for distributing subsidies for fiscal equalization, aimed at reducing the risks of underfinancing the expenditure obligations of a constituent entity of the Russian Federation (CERF). Novelty: The scientific novelty of this research includes the presentation of more effective mechanisms for controlling budgetary reserves and increasing the sustainability of regional budgets. Doi: 10.28991/ESJ-2024-08-02-015 Full Text: PDF

The purpose of this research is to study the possible impact of program costs associated with the development of the real sector of the regional economy on the fiscal balances of the constituent entities of the Russian Federation based on the wavelet analysis method. To achieve this purpose, we conducted a correlation analysis of the time-frequency dependence between the variables of the empirical model: the shares of program costs, the shares of non-repayable receipts, and the share of business taxes in the revenues of the consolidated budgets of constituent entities of the Russian Federation such as the Republic of Mordovia, the Udmurt Republic, Trans-Baikal Territory, and Kaliningrad Region for the period from 2001 to 2021. The research results indicate a significant impact exerted by the program costs of the regional budgets on the development of the real sector to ensure fiscal balance in the Republic of Mordovia, the Udmurt Republic, and the Trans-Baikal Territory on certain time scales. The novelty of this research lies in demonstrating the wavelet analysis effectiveness applied when conducting correlation analysis in cases where the relationships between the analyzed variables follow different patterns at different time horizons, and precisely wavelet analysis makes it possible to reveal the most significant characteristics of the relationship of variables. Earlier studies based on traditional methods ignored the time-frequency dependence between the variables of the empirical model. The practical significance of the research results lies in the fact that they determine the time scale on which the most effective measures and budgetary policy instruments applied within the framework of program-target mechanisms are provided to ensure fiscal balances in the regions. Doi: 10.28991/ESJ-2023-07-05-05 Full Text: PDF

Controlling is essential for public organizations to deliver optimal performance. However, the existing literature lacks sufficient knowledge to help organizations implement better strategies to enhance control. Therefore, this study examined the concept of control in the public sector, its impact on organizational efficiency, and a key focus on implementation. This study adopted a mixed approach (qualitative and quantitative) to study control in the public sector. The literature review was used to gather qualitative data, and a survey was conducted among the managers working in Russian public organizations to determine their responses to controlling practices. The results were compared and analyzed to provide implications and recommendations. It was noted through the results that control in public organizations depends on various factors like controlling approaches and tools, organizational culture, the autonomy of management, and functional control of organizations. Each of these aspects contributes positively toward control and improves public organizations' efficiency. Therefore, these aspects should be the core focus of public organizations to ensure greater control and efficiency. This research targeted this area to bridge the gap and determine the concept of controlling the Russian public sector. However, this research also has a limitation in that it has surveyed only 102 managers from different Russian public organizations. Doi: 10.28991/ESJ-2023-07-01-015 Full Text: PDF