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Innovation resource allocation performance is an important driver of global competitiveness of nations. Due to the complexity of innovation production process, the structure of the innovation resource allocation is no longer single, but most of the existing studies on the innovation resource allocation performance are based on series cases overlooking parallel cases. We evaluate the innovation resource allocation efficiency of Chinese industrial enterprises from the research and development (R&D) stage and the commercialisation stage, where the commercialisation stage consists of two parallel sub-stages (technology commercialisation stage and product commercialisation stage). As a result, we develop a cross two-stage data envelopment analysis model (TS-DEA model) with nested parallel structure. The result shows that traditional DEA model overestimates the efficiency score due to pursuing the efficiency optimisation for decision-making unit (DMU). Compared with western China, central China was more efficient in allocating innovation resource for industrial enterprises. [ABSTRACT FROM AUTHOR]

The functioning of industry in the context of the creation and development of a single digital space of the Russian economy requires the development of an appropriate mechanism, in which information and service support for the digitalization of business processes of industrial enterprises should play a key role. The purpose of this study is to build a model of the mechanism for the functioning of an industrial enterprise in a single digital space (hereinafter referred to as the SDS) as well as to characterize the information and service support for the control and governing functions of this mechanism. The categorical apparatus of the digital economy and digital technologies, methods of classification, comparative analysis, functional and systemic approaches were used as the methodological basis of the study. The results of the work were the construction of a conceptual model of the mechanism of functioning of an industrial enterprise in a single digital space, based on the principle of optimality and capable of adapting to the needs of a particular industrial enterprise, as well as the identification of the basic functions of the management activity of an industrial enterprise in the single digital space, and the characteristics of the information and service support mechanism, which is digital services (technologies) that ensure management activities and interaction of actors of the business ecosystem in the single digital space. The conclusions drawn from the results of the study can be applied in practice by the management of companies when developing their own mechanism and strategy for digitalizing business processes in order to increase the efficiency of functioning in the single digital space industry.

To study the volatile organic compounds (VOCs) emission characteristics of industrial enterprises in China, 6 typical chemical industries in Yuncheng City were selected as research objects, including the modern coal chemical industry (MCC), pharmaceutical industry (PM), pesticide industry (PE), coking industry (CO) and organic chemical industry (OC). The chemical composition of 91 VOCs was quantitatively analyzed. The results showed that the emission concentration of VOCs in the chemical industry ranged from 1.16 to 155.59 mg/m3. Alkanes were the main emission components of MCC (62.0%), PE (55.1%), and OC (58.5%). Alkenes (46.5%) were important components of PM, followed by alkanes (23.8%) and oxygenated volatile organic compounds (OVOCs) (21.2%). Halocarbons (8.6%-71.1%), OVOCs (9.7%-37.6%) and alkanes (11.2%-27.0%) were characteristic components of CO. The largest contributor to OFP was alkenes (0.6%-81.7%), followed by alkanes (9.3%-45.9%), and the lowest one was alkyne (0%-0.5%). Aromatics (66.9%-85.4%) were the largest contributing components to SOA generation, followed by alkanes (2.6%-28.5%), and the lowest one was alkenes (0%-4.1%). Ethylene and BTEX were the key active species in various chemical industries. The human health risk assessment showed workers long-term exposed to the air in the chemical industrial zone had a high cancer and non-cancer risk during work, and BTEX and dichloromethane were the largest contributors. [ABSTRACT FROM AUTHOR]

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Industrial enterprises are characterized by significant energy consumption and high emissions. Therefore, the implementation of green innovation by these enterprises is beneficial for promoting sustainable economic development and safeguarding the ecological environment. In this study, a relational two-stage DEA model containing shared inputs and undesired outputs is constructed to evaluate and decompose the green innovation efficiency (GIE) of Chinese industrial enterprises across 30 provinces from 2012 to 2021. Since the objective function of this model is nonlinear, a heuristic search method is employed for its resolution. On the basis of efficiency evaluation, the Gini coefficient, kernel density estimation, and convergence analysis are further employed to investigate the regional disparities and convergence properties in the two-stage efficiency of green innovation. Our findings are as follows: (1) The average GIE of Chinese industrial enterprises demonstrates a fluctuating upward trajectory, with significant regional disparities observed between provinces. (2) Regional disparities in R&D efficiency (RDE) and achievement conversion efficiency (ACE) have diminished in all regions. Super-variable density and interregional differences serve as the primary sources of regional disparities in RDE and ACE, respectively. (3) The presence of absolute and conditional convergence in RDE and ACE is observed across all regions. To improve the GIE of Chinese industrial enterprises, it is imperative to emphasize the heterogeneous impact of economic levels, industrial structure, and the degree of openness across various regions and stages of green innovation. [ABSTRACT FROM AUTHOR]

Relevance of research. Sustainable Development Goal No. 12 refers to reducing the resource intensity of the economy by reducing the costs of material input in production chains. The famous German scientist Friedrich Schmidt-Blick proposed the concept of an ecological backpack as a characteristic of hidden material flows accompanying the entire life cycle of a product. A separate component of the backpack is the biotic part, which was heavy enough when, for example, horse traction was used in old mines. Food self-satisfaction of the staff based on the salary led to the fact that the consumption of food in the production process remained outside the analysis of the company's material flows. The purpose of the study is to prove/refute the validity of the hypothesis regarding the significant dependence of the biotic component of the material backpack on national traditions and the material income of workers of industrial enterprises. Research methods: mathematical statistics. The basis of research is long-term observation of food consumption in Ukraine and abroad, in particular, Poland and China. Main results. In the course of research, certain traditions characteristic of Ukrainian realities were revealed: consumption of food products by the average Ukrainian with a probability of 0.95 is 58.75±0.04 kg per month (698±0.5 kg per year); the structure of the consumer basket in Ukraine contains 33% - milk and dairy products, 15% - vegetables; 14% - bakery products and cereals, 11% - potatoes, 8% - meat and meat products; the average person in Ukraine consumes more food than recommended by the Ministry of Health of Ukraine (by approximately 5%); residents of rural areas consume more food than urban residents (by almost 6% - 57.9 kg per month versus 54.7 kg). It has been statistically proven that the annual volume of food consumption by residents of Ukraine (689 kg) is significantly greater than that of residents of Poland (456 kg) and, even more so, China (413 kg). National differences concerning food preferences have been revealed. Quantitative differences in the national consumption of food products by producers determine the different content of the material backpack of industrial products, which provides certain competitive advantages/disadvantages to the subjects of international market activity. In addition to the national traditions of food consumption, there are laws that determine the influence of the average per capita household equivalent total income on the weight of the food basket. On the basis of official statistical data, a mathematical dependence of the logarithmic form of the amount of food consumption on the average per capita income of a household member is proposed. [ABSTRACT FROM AUTHOR]

Financing ultimately is aimed at increasing the value of the business through planning, executing, as well as applying financial resources besides balancing profitability and risk. This is realized when financial managers make proper decision about which financing methods to adopt. This study is aimed at providing a hybrid approach based on fuzzy ISM technique and MICMAC analysis in order to design a model to help choose financing sources for Iranian industrial enterprises through overcoming the restrictions of decision-making process. To this end, the fuzzy ISM technique has been first employed to specify the interrelationships between the indicators as well as modeling their hierarchical structure; subsequently, by means of MICMAC analysis, the dominant indicators involved in the financing process have been classified in one of the four clusters based on their Driving power and Dependence. The results indicate that the index of “government fiscal policies” has the highest effect on other indicators of the system and it is a basic criterion for making fundamental decisions to choose the financing sources of Iranian industrial enterprises. Hence, in their management decisions, decision makers should pay attention to the perspective of government fiscal policies before considering any other indicators.

Digital transformation is becoming an integral part of the development of industrial enterprises in the modern world. The phase of transition to the digital economy is expected not only to increase the productivity and efficiency of production processes, but also to open up new opportunities for development and a competitive position in the market. The inclusion of digital instruments in the activities of industrial enterprises can greatly facilitate management, improve product quality and ensure more efficient use of resources. The aim of the article is to study and analyze the instruments of the digital economy in the context of improving the efficiency of industrial enterprises. The article analyzes the definition of «digital economy» and provides the authors’ own definition of this term. The prospects for the introduction of the digital economy in the activities of industrial enterprises are determined, among which an increase in labor productivity, an increase in product quality parameters, a decrease in costs, an increase in the level of adaptation and the level of competitiveness are allocated. The main program document for the development of Industry 4.0 in Ukraine named «Strategy 4.0» is analyzed. The main instruments of the digital economy have been identified, which should include the Internet of Things, artificial intelligence, machine learning, data analytics, cloud technologies, digital platforms, and ecosystems. It is proved that the introduction of digital economy instruments in the activities of industrial enterprises creates prerequisites for optimizing production processes. The article also states that the process of introducing digital instruments into the activities of industrial enterprises creates prerequisites for certain challenges and threats, including the threat of cyberattacks, data security breaches, large investments in the transfer of knowledge and technology and, as a result, the need to upgrade production equipment to more modern, complex integration of new technologies into existing production processes. Therefore, the development of the digital economy at industrial enterprises can help increase their competitiveness and stability in the market. Ensuring that digital instruments are correctly selected, implemented, and optimized is an important task for enterprise management and staff in the era of digital transformation.

It is determined that the implementation of a qualitative analysis of the formation of strategic guidelines for the convergence of investment processes makes it possible to ensure the appropriate strategically relevant level of financial and economic sustainability of industrial enterprises and investment and innovation development; target strategic level of profitability; creation of an information-adaptive platform for the flexibility of the system for management of the investment processes. The dominant strategic directions for achieving the conditions for convergence of investment processes of industrial enterprises are the timely identification of synergy of managerial effects of development transparency on the basis of testing the presence of ? convergence. At this, a strategically important factor of synergistic influence is both external one, which is aimed at checking the compliance of transparent economic results of enterprises and a certain ? level of convergence of investment processes with the current adaptive-established norms, and the internal factor, the purpose of which is to ensure the implementation of transparent decisions, as well as to prevent undesirable consequences when changing the strategic and economic norms of the level of transparency of development. It is concluded that the economic identification of structuring the synergetic relationship of managerial effects and ? convergence covers their strategic dominants, which form the integrity of the transparency of development, their relations with other dominants of convergent influences and the external environment. Synergy of managerial effects and testing of ? convergence are taken into account as factors that can increase the level of competitiveness, the level of price/quality ratio and the level of cost/quality (the former is determined by consumers, we are talking about the price they are willing to pay and the quality they trust, the latter is production), and the level of efficiency of the process organization, which defines them as the highest priority criteria for transparency in the development of enterprises in terms of vector and rank orientation. Thus, in order to increase the level of variability of the impact of the synergy of managerial effects of transparency in the development of industrial enterprises on the level of ? convergence, it is necessary to take into account the specifics of the industry and the real conditions of industrial enterprises, to develop and implement a strategically relevant set of measures, among which the strategically dominant directions are, as a matter of course, increasing the level of profitability in the context of convergence of investment processes.

The labor relations culture is the foundation for industrial enterprises’ activities. The application of various methods and labor relations culture diagnostics techniques allows to get a complete picture of the role and assessment of its importance in the enterprise structure and to formulate a systematic approach to its management. The specificity of the labor relations at industrial enterprises culture managements process has been investigated and the sequence of formation and the procedure for transforming the stages of labor relations culture into an innovative type described. The authors have formed a list of control levels implementing the innovative type of labor relations culture at industrial enterprises. The leading industrial enterprises in Russia and the Orenburg region have been grouped. To assess the labor relations culture at the Orenburg region industrial enterprises, the employees were surveyed and the most significant characteristics of the indices identified, which allow to determine the employees’ behavior and improve their activities efficiency. A number of measures to improve the labor relations culture management process at the Orenburg region industrial enterprises have been proposed, since this process plays a key role in a productive and healthy labor collective formation, contributes to the production efficiency improvement and ensures sustainable development of the enterprise. The article is a continuation of “Theoretical and methodological aspects of managing the culture of labor relations of industrial enterprises” published in “Research Result. Economic Research”.

It is determined that one of the priorities in any national economy is the problem of forecasting and assessing the level of transparency of development, quality and reliability of functioning of industrial enterprises, their technological and economic subsystems. This has a direct impact on the level of investment, the nature of financing, the distribution of costs for the production of finished products with the achievement of a given quality and reliability, as well as on the financial condition and image. In addition, it has a direct proportional effect on the well-being of society and the quality of life of the population. On the other hand, investing in the real sector of the economy requires banks and other investors not only to optimize investment programs, but also to take into account the specifics of financial, production, economic and socioeconomic activities of industrial enterprises as market participants, and, accordingly, application of models that appropriately link investments with sales policies, production, management, staff, location of production facilities, taxation, etc. It is concluded that the positive level of management of transparency of development of industrial enterprises in the context of convergence of investment processes is inseparable from the processes of planning, regulation, control and forecasting of production and technological processes, as well as the allocation of resources in the process of performing certain complex tasks. Determining the optimal options for current and future development is often associated with solving large-dimensional optimization problems with a large number of different conditions and constraints (for example, requirements for the completeness of variables combined with requirements for the absence of time losses), which, due to their extreme nature, complicate the solution of such problems. Effective methods for optimizing multi-purpose investment decisions in managing the transparency of the development of industrial enterprises in the context of convergence of investment processes include methods for analyzing the usefulness of goals, criteria and alternatives, including those with several vectors; methods of hierarchy of goals, taking into account a number of advantages; information about the chosen strategy, alternatives, their parameterization, stochasticity, substitution ratios, and other characteristics. All these factors can be taken into account for the classification of models of multi-purpose and program-target solutions and the use of the most effective of them when choosing the optimal investment solution in managing the transparency of the development of industrial enterprises in the context of convergence of investment processes.

Against a background of opportunities opened to business in times of innovation economy we can observe growing risks connected with specific features of information flows, technologies of transaction handling and new approaches in management. Due to these factors the author studies a model depicting parameters and characteristics of processes providing economic security of enterprises and possibilities of its application in practice. The article substantiates the assumption about expediency of using sindinic principles in managing the enterprise with regard to the current requirements to the level of economic security. The author puts forward the approach to using 5D model of sindinic in management of industrial enterprises, as well as innovation systems as a solution aimed at developing and retaining its competitive features in active interaction with external environment.

The growing turbulence of the environment requires an industrial enterprise to find new approaches to choosing its development strategy. The study proposes a method for assessing the level of resilience of machine-building companies depending on the type of their strategic behaviour. Methodologically, the research rests on the theory of the firm and strategic management theory. Structural and logical analysis, expert assessments, matrixing, statistical and financial analysis were used as research methods. The empirical evidence is the data from the Russian Federal State Statistics Service (Rosstat) and the SBIS counterparty verification system. We clarify the concepts of resilience and strategic behaviour of a machine-building enterprise and propose our own definition of resilience. We distinguish between four types of strategic behaviour of enterprises when contacting the external environment, namely the maximum control possible, constructive interaction, adaptation with elements of control, and forced adaptation. A relationship was discovered between the level of resilience and the type of strategic behaviour of an industrial enterprise. The findings were tested using the case of four machine-building plants specializing in the production of lifting equipment. We found significant differentiation in the level of resilience of the enterprises under study and established which of the four types of strategic behaviour was typical of each. This will allow them to exercise a more reasonable approach when instituting their development strategy amid turbulence.

This study explores how large-scale and low-price industrial land transfer by local governments affects industrial enterprises' pollution emissions in China. While many studies have examined industrial land transfer's implications for the macroeconomic outcomes, little attention has been paid to its impacts on industrial enterprises' pollution emissions. Using data on China's city-level industrial land and enterprises from 2007 to 2014, we find that the large-scale and low-price industrial land transfer significantly increases industrial pollutant emissions. Cities with a larger scale of industrial land transfer experience higher total and per capita industrial enterprise emissions. Moreover, this effect is mainly observed in the central and western regions because of differences in institutional quality. Further analysis suggests that land resource misallocation and land law violations are the mechanisms through which industrial land transfer exacerbates environmental pollution. The findings imply that breaking the monopoly of land transfer by local governments can help reduce environmental pollution. [ABSTRACT FROM AUTHOR]

Purpose. Formation of an economic and mathematical model as an economic platform for the protection of industrial enterprises in order to implement economic security in the frameworks of business process reengineering. Methodology. The following methods were used in the research process: methods of theoretical generalization and comparison, analysis and synthesis (to determine the meaning of the concept of “economic security of the enterprise”), statistical method (to analyze the initial data), economic and mathematical modeling of the compositional restructuring of an economic unit – an industrial enterprise (to determine conditions under which it is advisable to reengineer the business processes of an economic unit in order to form a platform of economic security). Findings. The results are determined by the fact that the theoretical provisions of the paper are brought to the level of specific proposals and have a form suitable for use in practical activities. An example of the practical application of the proposed economic and mathematical model is presented as illustrated by Pivdennyi Mining and Processing Plant (MPP) PJSC, where the essence of the given analysis is revealed. The obtained results proved their effectiveness and feasibility of use at the relevant domestic industrial enterprises. Originality. For the first time, an approach to the development of economic security of the enterprise on the basis of business process reengineering has been proposed. Economic-mathematical modeling has gained further development in determining the conditions for the feasibility of implementing structural transformations of an economic unit to obtain optimal values of indicators that reveal the essence of the economic security of an industrial enterprise. Practical value. The analysis of modeling results makes it possible to propose the implementation of imperatives – economic security of the enterprise on the basis of the implementation of its restructuring. Application of the proposed model provides a means to ensure rapid adaptability of industrial enterprises to changes, high flexibility and adaptability of all elements of the system, autonomy and economic functioning of enterprises as a whole and their structural subdivisions. The practice of using the developed economic and mathematical model based on reengineering confirmed the obtained theoretical results. [ABSTRACT FROM AUTHOR]

Traditional industrial enterprises are primarily high pollution enterprises and high energy consumption. The achievement of the "dual carbon" motive in Chinese economic activities and environmental protection plays a chief role incorporating the environmental, social, and governance (ESG) into the risk management system of industrial enterprises. However, the industrial enterprises participating in ESG rating account for 46.97% of the listed enterprises, and the industrial enterprises that pay attention to ESG information disclosure account for 35.77% of the listed enterprises. Is ESG rating essential for the enhancement of industrial enterprises? Based on the transformation and upgrading of industrial enterprises, this research investigates how the ESG rating and ESG information disclosure affect the financial risk of industrial enterprises in China. The findings suggest that: (1) In China for industrial enterprise ESG plays an essential role which results in decrease in financial problems of industrial enterprise. (2) ESG is influential on monetary risk of industrial enterprise, the quality of enterprise ESG information disclosure plays an important intermediary role. (3) The lagging of ESG rating by one period is significantly positive related to the financial risk of industrial enterprises, and the financial risk prediction of industrial enterprises can be effectively indicated by the ESG rating data, which exhibits a stronger correlation coefficient than the existing rating system. [ABSTRACT FROM AUTHOR]

It is determined that the implementation of a qualitative analysis of the formation of strategic guidelines for the convergence of investment processes makes it possible to ensure the appropriate strategically relevant level of financial and economic sustainability of industrial enterprises and investment and innovation development; target strategic level of profitability; creation of an information-adaptive platform for the flexibility of the system for management of the investment processes. The dominant strategic directions for achieving the conditions for convergence of investment processes of industrial enterprises are the timely identification of synergy of managerial effects of development transparency on the basis of testing the presence of β convergence. At this, a strategically important factor of synergistic influence is both external one, which is aimed at checking the compliance of transparent economic results of enterprises and a certain β level of convergence of investment processes with the current adaptive-established norms, and the internal factor, the purpose of which is to ensure the implementation of transparent decisions, as well as to prevent undesirable consequences when changing the strategic and economic norms of the level of transparency of development. It is concluded that the economic identification of structuring the synergetic relationship of managerial effects and β convergence covers their strategic dominants, which form the integrity of the transparency of development, their relations with other dominants of convergent influences and the external environment. Synergy of managerial effects and testing of β convergence are taken into account as factors that can increase the level of competitiveness, the level of price/quality ratio and the level of cost/quality (the former is determined by consumers, we are talking about the price they are willing to pay and the quality they trust, the latter is production), and the level of efficiency of the process organization, which defines them as the highest priority criteria for transparency in the development of enterprises in terms of vector and rank orientation. Thus, in order to increase the level of variability of the impact of the synergy of managerial effects of transparency in the development of industrial enterprises on the level of β convergence, it is necessary to take into account the specifics of the industry and the real conditions of industrial enterprises, to develop and implement a strategically relevant set of measures, among which the strategically dominant directions are, as a matter of course, increasing the level of profitability in the context of convergence of investment processes. [ABSTRACT FROM AUTHOR]

The problems of digital business transformation in combination with the ESG agenda are being updated in the context of the need to ensure the sustainable functioning and development of domestic industry. The article discusses the concept of combining the processes of digital and ESG business transformations, and substantiates the need for its application at Russian industrial enterprises. The article shows that digital transformation makes it possible to develop the practice of sustainable development of industrial enterprises. The relevance of the study is due to the need to ensure sustainable development of industry in the context of digitalization and ESG transformation. The purpose of the article is to justify the feasibility of combining the processes of digital and ESG business transformations into a single strategy and to present the concept of such a combination. The article reveals the features of applying the concept of ESG transformation in combination with digitalization processes. This paper examines the tools of ESG transformation and the features of their use in modern realities. The article proposes an approach based on an analysis of the current practice of automating business processes at industrial enterprises in the context of reflecting modern trends and opportunities for digital and ESG transformations of industry, carried out using the basic concepts of the theory of sustainable development and general system methodology. Analysis of the possibilities and potential of combining digital and ESG transformation processes using these tools will help to form a scientifically based view on solving the problem of ensuring the sustainable development of an industrial enterprise in the face of digitalization challenges. ESG risks and their impact on achieving sustainable development goals are identified and described. Recommendations are proposed for the formation of a special enterprise sustainability management loop, in which a preventive mechanism will be implemented to prevent emissions of enterprise parameters beyond the boundaries of sustainability under the negative influence of external and internal factors, implemented using artificial intelligence technology. The proposed concept of managing sustainable industrial development is based on an analysis of existing management practice in its evolutionary aspect, carried out using an interdisciplinary approach.

In the modern world, the concept of a “green economy” is becoming increasingly important, becoming a key aspect of the sustainable development strategy. Global challenges associated with climate change, depletion of natural resources and the threat of environmental crises require new approaches to organizing economic processes. In this study, we focus on the concept of a green economy, viewing it in the context of social, economic and environmental sustainability. In our research, by “green economy” we mean an integrated approach to organizing economic processes, including the efficient use of natural resources, the transition to low-carbon technologies and the creation of environmentally sustainable jobs. This definition allows us to take into account a wide range of aspects related to the economy, society and the environment. To measure these aspects, so-called ESG ratings are used. The purpose of the study is a model methodology for assessing ESG ratings of industrial enterprises and ecosystems. Research objectives Define the concept of industrial ecosystem in the context of the study. Determine the role of the industrial ecosystem in the development of a green economy model and the transition to sustainable development. To characterize the current situation of ESG rating of industrial enterprises in Russia. Determine the level of financing for the transition to sustainable development of industrial enterprises in Russia. To propose a methodological approach to assessing ESG ratings of industrial enterprises and ecosystems. Based on the results of the study, the following results were achieved: The current position of ESG rating of industrial enterprises in Russia is characterized, trends of reorientation from international to domestic and Asian standards are identified with the further potential entry of Russian issuers into the Asian stock market. The current level of financing the transition to sustainable development of industrial enterprises in Russia has been determined to be still not high enough, which is confirmed by statistics of investment in fixed assets of enterprises aimed at environmental protection measures. A model methodology for assessing ESG ratings of industrial enterprises and ecosystems is proposed, based on the recommendations of the Bank of Russia and taking into account the special synergistic effect of industrial ecosystems.

It is determined that under the current conditions of intensification of competition struggle between domestic industrial enterprises and increasing market pressure from foreign competing firms, there is an urgent issue of highlighting the process of managing development transparency as one of the most important criteria for efficiency of the activities. The mechanism for managing the transparency of enterprise development on a synectic-compensatory basis, which is implemented in the context of convergence of investment processes, is formed due to the complex reflection of the dynamism and variability of economic interests and parametrization of the effective process of their balancing in a dynamic model of formation and use of the development potential of enterprises and in the presence of high quality of managerial decisions in comparison with competitors, which provides industrial enterprises with a competitive position in the market and forms a sustainable level of their development. That is, the effectiveness of managing the transparency of the development of industrial enterprises in the context of convergence of investment processes will be determined by the ability of the management system to achieve the set goals, outlining the need for their systematic and analytical research. It is appropriate to assess the quality and efficiency of the management system at industrial enterprises through the construction of a balanced system of signifiers and indicators, which is the basis for assessing the effectiveness of enterprises’ operation and is aimed at achieving their strategic goals. The unity of the backbone basis of the developed management mechanism in accordance with the managerial efficiency is confirmed by the consolidation of the elements of its construction, which is actualized in the format of accumulation of changes as a reflexive reaction to the processes of transformation. This allows to comprehensively manage all components of transparency in the development of enterprises in order to increase their efficiency, optimal organization of investment, supply, production and sales activities of the enterprise, reduce logistics costs, provide production with the necessary material resources and their effective use, optimize material, financial and information flows.

The modern development period features, as well as the specific conditions of functioning and development of industrial enterprises require more advanced approaches to the managers’ leadership qualities analysis. Currently, the issue of assessing leadership qualities and the influence of leadership on the performance indicators of the enterprise remains relevant. The purpose of the article is to substantiate the methodological sequence of leadership assessment in the personnel management system of industrial enterprises, contributing to their effective operation. The development and implementation of such a methodological approach at an industrial enterprise will provide answers to topical issues of the formation and influence of leadership on the innovative, technological, and socio-economic development of an industrial enterprise. Based on the analysis, the article examines the relevance and shortcomings of existing methods for assessing leadership in industrial enterprises. The authors determine the indicators of leadership assessment and reveal the features of leadership assessment; substantiate methodological sequence of leadership assessment in the personnel management system of industrial enterprises. The authors conclude that the leadership formation and its use should be assessed. In the process of forming a methodology for assessing leadership, it is important to evaluate its impact on achieving the main innovative, technological, and socio-economic guidelines of the enterprise.

It is determined that strategic investment flexibility, taking into account the causal-fractal method, is a potential opportunity for industrial enterprises to quickly adjust or develop new strategic financial and investment decisions under changed external or internal conditions of investment activity. Strategic financial decisions should be based on an investment-active search for alternative options, directions and forms, in particular methods of implementation of investment activities. An important condition for determining the period of formation of the general financial and investment strategy of industrial enterprises is the strategic level of economic development and, in particular, the conjuncture of financial market segments with which future financial risk is associated. The conditions for defining the period of rationalization of the structure of sources of investment activity of industrial enterprises with the help of the causal-fractal method are also the sectoral affiliation of enterprises, the level of development, the stage of the life cycle, and others. The use of methods of rationalization of the structure of sources of investment activity of industrial enterprises with the help of the causal-fractal method is proposed, which will increase the level of validity of investment decisions made at industrial enterprises, that in the future will ensure an efficient ratio between risk and profitability of their activities. This methodology can be applied in a very common case of uncertainty in the financial results of enterprises, or the lack of information about the function of distribution of the probability of profit after the implementation of the investment project (which is the basis for the construction of isovariational ellipses of the mathematical expectation of strategic income) and the efficiency of investment portfolios of industrial enterprises.

Production digitalisation is a significant factor in the development of mechanical engineering that triggers countries and regions’ economic growth. Implementing digital integration at industrial enterprises implies that production operations are linked through a corporate information system. The paper aims to develop and test a method for assessing the economic effect from digital integration at mechanical engineering enterprises. Methodologically, the study rests on the theories of production organisation and integration as well as the main postulates of the concept of industrial digitalisation. The study applies methods of econometric modelling. The evidence base is the information about the activities of one of the Ural macroregion’s largest mechanical engineering enterprise – Production Association “Ural Optical and Mechanical Plant named after E. S. Yalamov” (UOMZ). The paper systemitises ideas about the essence of the economic effect from digital integration. The case of the enterprise is used to identify the level of specific costs in this process and to forecast their changes depending on different factors using econometric modelling. The value of the findings consists in broadening the scientific and practical understanding of the economic effects brought about by industrial digitalisation.

Introduction. The relevance of studying the industrial enterprise digitalization processes and developing a methodology for implementing production process control systems is due to the fact that digital technologies introduced into the manufacturing sector are important drivers for improving production management processes, improving labor productivity indicators, reducing the labor intensity of manufacturing products, reducing the cost of products and increasing quality. Theoretical analysis. The information systems and products most commonly used in modern practice of industrial enterprises in aviation industries are analyzed. Empirical analysis. The analysis of options for making managerial decisions to create an ERP complex that automates the processes of production’s technological preparation was carried out using the methods of analyzing advantages and disadvantages, paired comparisons and Kepner – Trego. A mechanism for making informed management decisions on the analysis of alternatives is presented, as well as the evaluation and selection of options for digitalization of the technological preparation processes based on the use of the principles of developing a management decision. Results. The choice of the Global ERP system for managing production preparation processes at industrial enterprises in the aircraft industry is justified, since it most closely matches the selected evaluation criteria.

Specificity of building the effective target system of knowledge management (SKM) (of the coordination type) implies its interconnection with shaping necessary competences at different level. Building organizational structure at the industrial enterprise shall be based on a set of fundamental principles, including a number of requirements to the sphere of knowledge, organizational projecting, interaction with key groups of stakeholders, etc. The major academic outcome of the article is an integral approach to formulating methodological foundations for devising the system knowledge management based on a set of key principles that should be taken into account t in organizational projecting SKM.

The scientific novelty of the study consists in identifying necessary mechanisms for sustainable development of industrial enterprises. Nowadays the industry have set to create balanced growth to solve modern global challenges. It also takes measures to ensure energy security and maintains stable flows of finance and capital with stability of investment activity. The purpose of the study is to determine the formation of mechanisms for the sustainable development of industrial enterprises. Based on the results, a special System of management has been created by redesigning the process of implementing an investment project. Its boundaries can be extended to manage the full life cycle of an investment project from an idea to summarizing the project in terms of its payback and other performance indicators.

The uncertainty promotes the transformation of corporate strategies in accordance with the principles of sustainable development. Metals industry is among the most important ones for the Russian economy since the management of economic development at industrial, regional and national levels significantly depends on the sustainability of metals enterprises. The paper aims to assess the sustainability of Russia’s leading metals companies and the alignment of their corporate strategies with the principles of sustainable development. The concepts of sustainable development and ecosystems constitute the methodological basis of the study. To determine whether the companies’ strategies correspond to the said principles the authors applied the own set of tools and methods. The evidence is the information about the activities of seven Russian ferrous and non-ferrous metals enterprises. Along with economic, social and environmental pillars of sustainable development, the paper considers an investment and technological one. The paper justifies the choice of indicators for measuring these pillars and proposes a composite index that reflects the total level of sustainable development of enterprises. The ratio of this index to its standard deviation allowed empirically establishing the quantitative borders for classifying the level of sustainable development of Russia’s largest metals enterprises and distinguish between four types of these enterprises. The value of the research lies in detecting the trends in the creation of strategies by Russia’s leading metals companies according to the sustainable development principles.

Carbon neutrality achievement has had a major transformative effect on the economic and social development of countries and regions. Therefore, this study focuses on analyzing the effectiveness of environmental regulation policies in promoting institutional dividends and seeks to examine the relationship between environmental regulatory policies and green innovation development through the lens of green patents. Panel data from industrial enterprises listed in Shanghai and Shenzhen from 2010 to 2019 were used in this research, which employed fixed-effect and media-effect models to investigate the impacts and mechanisms of various types of environmental regulatory tools on corporate green innovation. The results showed that different types of environmental regulation tools have varying effects on corporate green innovation. Specifically, command-based and market-oriented environmental regulations have a positive "U-shaped" impact, whereas voluntary environmental regulations have an inverted "U-shaped" impact. Furthermore, it was found that the "innovation compensation effect" generated by the implementation of environmental regulation policies has a greater positive impact than the negative impact of the "compliance cost effect." Additionally, geographical location and enterprise ownership play a role in determining the impact of environmental regulations on corporate green innovation. These findings emphasize the importance of strengthening environmental regulatory policies to achieve regional carbon-neutral development. Our research provides recommendations and ideas for better achieving this goal. [ABSTRACT FROM AUTHOR]

This article empirically examines the impact of tax structure on corporate tax compliance using Chinese industrial enterprise database and prefectural data. The results show that relying more on indirect taxes tends to decrease corporate tax compliance, while increasing the ratio of direct taxes of total tax revenues significantly enhances corporate tax compliance. To overcome endogeneity, the robustness is tested using instrumental variables and other robustness checks, such as changing variables and changing time windows. Mechanism analysis shows that it is conducive to reducing the complexity of the tax system, improving the quality of governance, and enhancing taxation efforts. This article examines the impact of tax system on corporate taxation behaviour from the perspective of the tax structure, which also provides microscopic empirical evidence for tax reform in China. [ABSTRACT FROM AUTHOR]

Neglect of marketing tools and the lack of a clear strategic guideline when promoting a product create negative consequences for most industrial enterprises in Ukraine, which raises the issue of demonstrating how a successful marketing strategy can significantly affect the finances of such open socio-economic systems. The main purpose of the article is to present an approach to reflect the positive financial consequences in the activities of an enterprise from a successfully implemented marketing strategy in the industrial products market. The object of the study is the activities of industrial enterprises. The scientific task is to show what positive impact the implementation of a successful marketing strategy has on the financial aspects of the activities of an industrial enterprise. The research methodology involves a combined approach in the use of general theoretical methods and mathematical and econometric methods to form models and solve problems. The main result of the study is the formed model of the impact of the implementation of a successful marketing strategy on the activities of the enterprise. This model focuses on the financial aspects of activity and is distinguished by the fact that it demonstrates the financial effect for industrial enterprises of a successful marketing strategy. The practical value of the results obtained is revealed in the presentation of the significance of the marketing strategy for improving the financial performance of industrial enterprises. The study has a limitation and does not take into account the process of forming a marketing strategy itself, but only its implementation. [ABSTRACT FROM AUTHOR]

The article examines measures of step-by-step promotion of innovations at industrial enterprises of Ukraine. Economic factors hindering the implementation of new technologies at enterprises are highlighted. This is caused primarily by the fact that during the global economic crisis, enterprises and industries that actively implement and use innovative technologies are competitive. At the same time, Ukraine continues to develop as a country with a high share of raw materials industries, and innovative development has not become one of the main signs of the growth of the national economy. Although positive trends were observed for several years, they were mainly temporary in nature and were replaced by opposite shifts in the economy, which characterizes innovation processes in Ukraine as unstable and devoid of clear long-term incentives for innovative activity. In these conditions, there is a need to identify key problems that hinder the development of innovative activities of domestic enterprises, and to find ways to solve them. The implementation of a marketing strategy for the promotion of innovative projects at small and medium-sized industrial enterprises and the transfer process of innovations at large enterprises to gain their competitive advantages in domestic and foreign markets is substantiated. Emphasis is placed on the existing features of implementation in the conditions of digitalization of global business, which is confirmed by the construction of appropriate layouts and schemes. An overview was carried out to what extent all these technological innovations lead to deep and large-scale changes in the systemic character of economic (and not only economic) relations, reformatting of their very foundations and the emergence of new socio-economic institutions. Thus, the basis of modern relations is not only and not so much property relations, but the possibility of access to certain goods, resources, and information. Radical technological innovations to one degree or another affect and will increasingly affect the technologies of commercial operations, the role and forms of activity of their commercial intermediaries. The process of technology transfer to the real sector of the economy has been improved, which takes into account the joint refinement of innovative projects of innovators with enterprises that are potential bases of implementation, with the implementation of the activities of the Coordination Center. [ABSTRACT FROM AUTHOR]

The digital transformation of industry allows a significant increase in labor productivity and the growth of gross domestic product in the manufacturing sector, which ultimately leads to an increase in the welfare of the country’s citizens. However, to solve the existing systemic problems, such as low labor productivity, irrational use of resources, low efficiency of production facilities, etc., it is necessary to implement an effective management mechanism. The implementation of such a mechanism will solve the problems of managing the digital transformation of industrial enterprises, improve the efficiency of production facilities and reduce transaction costs and the complexity of forming responsible cooperative chains. The purpose is to develop a mechanism for managing the digital transformation of economic activities of industrial enterprises. Methodology in article: the research methodology is based on existing theoretical developments relating to industrial economics, management issues of industrial complexes, industries, enterprises. Results: the mechanism for managing the digital transformation of the economic activities of industrial enterprises, representing a set of methods and tools used to change business models and management processes through new paradigms based on digital thinking, revision of organizational processes and digital culture of the industrial enterprise, optimization of the enterprise management system as a whole. Practical implications: the obtained results can be used in the activities of corporate industrial systems engaged in technological development, digitalization and digital transformation projects.

Neglect of marketing tools and the lack of a clear strategic guideline when promoting a product create negative consequences for most industrial enterprises in Ukraine, which raises the issue of demonstrating how a successful marketing strategy can significantly affect the finances of such open socio-economic systems. The main purpose of the article is to present an approach to reflect the positive financial consequences in the activities of an enterprise from a successfully implemented marketing strategy in the industrial products market. The object of the study is the activities of industrial enterprises. The scientific task is to show what positive impact the implementation of a successful marketing strategy has on the financial aspects of the activities of an industrial enterprise. The research methodology involves a combined approach in the use of general theoretical methods and mathematical and econometric methods to form models and solve problems. The main result of the study is the formed model of the impact of the implementation of a successful marketing strategy on the activities of the enterprise. This model focuses on the financial aspects of activity and is distinguished by the fact that it demonstrates the financial effect for industrial enterprises of a successful marketing strategy. The practical value of the results obtained is revealed in the presentation of the significance of the marketing strategy for improving the financial performance of industrial enterprises. The study has a limitation and does not take into account the process of forming a marketing strategy itself, but only its implementation.

The purpose of the study is to develop scientific and methodological foundations for improving the efficiency of the process of managing a bank's corporate loan portfolio, in particular by segregating the industrial loan portfolio as its important structural part and developing a methodical approach to assessing the resistance of the bank's industrial loan portfolio to the effects of the dynamic macroeconomic environment. The article summarizes the results of research by domestic and foreign scholars on the impact of macroeconomic factors on various aspects of a bank's lending activities. The paper briefly considers certain aspects of development and efficiency of bank lending to industrial enterprises for the period 2010-2022. The author's approach to assessing the resistance of the bank's industrial loan portfolio to fluctuations in the macroeconomic environment is proposed. The proposed methodology for assessing the resistance of the foreign currency industrial loan portfolio of Ukrainian banks to effects of the macroeconomic environment for the period 2010-2022 has been tested.

The article considers the operation of the cascade model of the mechanism of economic reliability based on the process-technological approach. To analyze the current state of an industrial enterprise, a generalized indicator of the level of economic reliability in dynamics over six years has been established using the desirability function. Absolute indicators for the main processes of an industrial enterprise have been translated into dimensionless ones, and partial indicators of desirability have been found. Comparing the level of economic reliability with the estimates of the Harrington desirability scale meets the requirements of finding a generalized economic reliability function with a set of criteria indicators. An analysis of the potential level of economic reliability was also carried out and compared with the actual level of economic reliability. The analysis of the level of organization of ensuring economic reliability by organizational-managerial and productiontechnological modules revealed the bottlenecks of an industrial enterprise. The purpose of the work is to test the mechanism of economic reliability on the example of an industrial enterprise. The result of the developed methodology is the formation of a mechanism of economic reliability based on the processtechnological approach and the introduction of this mechanism into the economic activity of an industrial enterprise. The results obtained can be applied at industrial enterprises of any scale of production and organizational and legal form in the conditions of modern technological dynamics to increase the level of economic reliability. The author of the article came to the following conclusions: the implemented mechanism of economic reliability in the activity of an industrial enterprise allows identifying bottlenecks, as well as developing measures to eliminate them, thereby increasing the level of economic reliability; the action of this mechanism should be continuous, since the intensification of technological dynamics is an aggressive factor influencing the efficiency, stability and sustainability of the functioning of an industrial enterprise. The methodological basis of the study was made up of general scientific methods of classification, generalization, comparison, analysis.