Author page: Ragulina Yulia V.

Characteristics of the Korean transnational corporations’ activities in the modern conditions of development

DOI: 10.33917/mic-2.97.2021.47-54

The article is an analysis of the features of the key players, development in the South Korean economy – chaebols, which have become the leaders in the production of science-intensive products and have turned into transnational corporations that own a significant share of the world market. The key strategic lines of the current stage of operation of Samsung, Hyundai, LG and POSCO, as well as the impact of the pandemic on their key indicators, are investigated and identified.

Compliance control system as a tool for economic security of an oil and gas company (on the example of PJSC «NK Rosneft»)

DOI: 10.33917/mic-5.94.2020.44-54

Today, oil and gas enterprises operate in a difficult, frequently changing system of regulatory legal documents, including both national and international acts governing various business processes. At the same time, this system is complemented by sanctions measures that significantly limit the activities of Russian oil and gas enterprises, as well as related organizations. In this regard, the role of the compliance function is increasing, aimed at bringing the implemented business processes in line with the provisions of regulatory legal acts. This process allows to minimize the possibility of committing offenses by employees of the enterprise and exclude the financial losses associated with this possibility.

The article examines the corporate compliance system of PJSC «NK Rosneft», identifies the elements that make up it, determines the features of risks, external and internal threats to the company’s economic security, suggests measures to eliminate them and reduce risks, and provides factors that affect the control environment.

Controlling as the concept of management of industrial enterprises

The article presents the results of the study of current directions in development of tools to measure the economic efficiency of construction organizations. The recommendations are based on the realization of the capacity of their management accounting, in parts of measuring transaction costs, in improving the quality of measurement the efficiency of construction organizations operation.  It has been determined, that some Russian social institutions do not promote effective business activities, although they are created to perform the functions of coordinating and regulating the actions of business entities. The authors’ study compensate the lack of research on determining the impact of institutional indicators on business performance.