DOI: 10.33917/mic-4.93.2020.90-95

Information costs money, especially if its disclosure can greatly affect the financial condition of an economic entity. Possession of this information makes some people think about its protection and temporary preservation, while others – about how to get it. The carriers of this information, referred to as insiders, may themselves use the knowledge in their own favor, or in favor of third parties. Involvement of unskilled investors in trading often serves as a veil of mercenary intentions.

This article gives general approaches to understanding the significance of insider information during stock market games. Clarification of the nature and mechanisms of the misuse of insider information should help to penalize this phenomenon.

DOI: 10.33917/mic-4.93.2020.82-89

The article provides an economic assessment of a promising investment project implemented by an enterprise of the mining industry of the industrial complex of the Murmansk region, as well as an analysis of cash flows from current, financial and investment activities, which allowed us to justify the feasibility of implementing an investment project aimed at ensuring an optimal balance of production capacity and achieving environmental obligations to reduce emissions from metallurgical production.

DOI: 10.33917/mic-3.92.2020.76-81

The article analyses key questions of the impact of Nord Stream 2 on the European markets.

Currently, Nord Stream 2 is one of the key international conflicts, where USA and Poland are project opponents, and Russia and key European countries are project supporters.

In the article [1] it is shown, that Nord Stream-2 launch in 2020 will reduce gas prices for all 28 EU countries by 13% with low global LNG demand and by 32% with high global LNG demand. Significant price reductions will be also received by Nord Stream 2 opponents, such as Poland. LNG imported from USA will be suffering the most.

DOI: 10.33917/mic-4.93.2020.67-75

The scientific article systematizes the conceptual and categorical properties of services, as a result, reflects the characteristics of the concepts of “service” and “competitiveness of services”. Conducted research of services in the generally accepted coding system (OKVED); as well as in the aspect of the international standard industrial classification (MCOK / ISIC) allowed the authors to supplement the species groups of the most demanded services on the market; as a practical example, an analysis of the competitiveness of DIY-services of the largest retailers of the Volga Federal District is presented.

DOI: 10.33917/mic-4.93.2020.57-66

The article discusses the economic feasibility of using modern development in managing the development of enterprises of the defense-industrial complex in the performance of the state defense order of the theory of shadow prices.

DOI: 10.33917/mic-4.93.2020.47-56

In this article, we study the problem of forecasting bankruptcy of firms using data on payment discipline. Most previous researchers used the balance sheet as a data source, while data on payment discipline will reduce the time before making a decision on the firm, as well as obtain reliability ratings based on other types of data. To predict bankruptcy of the firms proposed a new method of work with highly unbalanced data, which consists in training the classifiers on the automatically generated sub-sample and averaging the obtained results. Random forest served as a classifier for subsamples, and AUC-score was used to check the quality of the model, which showed good results.

DOI: 10.33917/mic-4.93.2020.38-46

The existing modern conceptual approaches to the formation of an assessment of the natural gas consumption strategy in the steel industry do not allow assessing comprehensively all the processes that occur in the enterprise affecting the efficiency of natural gas consumption. Due to the fact that natural gas acts an important role as a universal energy resource, both in the economy and in international politics, the modern strategy for assessing the consumption of natural gas in the steel industry is becoming a key factor in increasing competitiveness and guaranteeing sustainable economic growth of the country’s steel industry.

The article proposes a conceptual approach to the development of the model in order to assess the strategy of natural gas consumption at iron and steel enterprises, which allows timely management decisions to be taken to increase the organization of efficient energy consumption at the enterprise.

Based on the proposed conceptual approach to assessing the strategy of natural gas consumption at the iron and steel industry, it can be stated that this assessment is interconnected with the assessment of the integral criterion for the implementation of the goals of organizing effective energy management.

DOI: 10.33917/mic-4.93.2020.12-24

The article deals with one of the most pressing problems of modernizing the economic relations of the pension system aimed at improving the standard of living of citizens of the Russian Federation.

Using a systemic methodological approach and methods of statistical and economic analysis, including horizontal and vertical analysis, the authors assessed the dynamics and structure of income and expenses of the Pension Fund and the number of employed pensioners in Russia. Pensions to individuals were calculated using methods of ratio analysis. Differences in living standards of pensioners in the Far North and other regions of Russia were assessed using comparative analysis. The study showed the reason why Russian pensioners stay employed, presented the procedure of pension payments to individuals, and explained potential ways of improving the pension system. The main idea of the study findings is to explain the need to reform the pension system for the purpose of raising the living standards of pensioner citizens of the Russian Federation.

DOI: 10.33917/mic-4.93.2020.12-24

The article analyzes possible options for scientific and technological development: import of technology and leadership in selected areas of science and technology development. Attention is focused on the task of implementing the achievements of science and technology. The proposed solutions are based on an analysis of the experience of the USSR, the experience of Russia and can be used to develop a modern model for the management of scientific and technical activities in the context of scientific and technological development.

DOI: 10.33917/mic-4.93.2020.5-11

The article discusses the problems of digital monitoring of international settlements with the cooperated structure of the EAEU financial and stock markets as multi-agent systems. The introduction of a digital platform with analytical services for the identification of cluster monetary and financial interpretations of the observed operations and the identification of real beneficiaries (hidden control centers) of operating schemes and transaction chains of specific financial operators is justified. It is proposed to build a computationally observable object-resource base of electronic transactions that allows you to track the movement [including budget] of each ruble or other non-cash currency through any number of accounts that serve as the basis for establishing all participants in the financial chain.