This article is devoted to the study of the essence and content of crisis management in the modern economy. Based on the analysis of existing interpretations of the concept of “crisis management”, given by foreign and domestic scientists, we have given the author’s definition of the concept of “crisis management”. Based on the study of existing approaches in economics to the interpretation of the concepts of “crisis” and “crisis management”, the author’s interpretation of these phenomena is given in the article. Also in the article, the author defines the purpose, objectives, principles and trends of anti-crisis management in modern conditions of economic development of Russia, since it is the anticrisis management system that will allow organizing rational management of domestic enterprises. The main problems of anti-crisis management in the conditions of the coronavirus pandemic, as well as in the functioning of domestic enterprises in the conditions of economic sanctions imposed against the Russian economy by Western countries, have been identified. We believe that this topic is interesting for research at the present stage in connection with the crisis phenomena in the Russian economy, the emergence of which was facilitated by the foreign economic and foreign policy situation of Russia, the pandemic of coronavirus infection in 2020–2021, as well as the sanctions imposed against the Russian economy by Western countries.

This article discusses the current problem of competitiveness, which consists of a set of various parameters and factors, such as the availability of new goods and their quality, the quality of service provision, low production costs, etc. Organizations providing spa services will be of particular interest since human health depends on the quality of this service. The main objectives of the study are: the study of theoretical material on the competitiveness of spa services; development of a universal author’s methodology aimed at assessing the competitiveness of these institutions.
To solve the tasks, a critical and systematic analysis of the profile literature was used. Primary information for the study was collected through peer review. As a result of the research carried out by the expert group, a list of parameters characterizing the competitiveness of sanatorium-resort services was determined. These parameters include: flexibility of the length of stay; level of specialization of medical services; qualification of medical personnel; medical material and technical base; pricing policy; infrastructure; site. During the study, the authors’ methodology was developed to assess the level of competitiveness of institutions providing spa services.
The results obtained during the study and presented in the article can be used by institutions providing spa services.

The modern socio-economic system and society are currently in a dynamic transformation. The form and content of many areas is changing, including marketing and related image policy, branding, promotion of organizations and territories, manufacturers of goods in key markets.
With the development of social networks and the use of new digital technologies, reputation is transformed into a new significant information resource that begins to affect significantly the main indicators of development and capitalization of companies, therefore it is important to adapt quickly and rebuild their policies, strategies and development tools in accordance with new realities.
The hypothesis of the research. In the modern world, in the conditions of the fourth industrial revolution, reputation begins to have a serious impact on the processes of recognition and promotion and forms a new driver of development, which together can be designated as reputation capital.
The novelty of the research lies, first of all, in the search and justification of reliable quantitative methods for assessing reputation and its impact on the parameters of regional development, which will significantly expand the contour and the possibility of strategic management of the region, increase its effectiveness and inclusion.

The article discusses the methodological aspects of diagnosing the company’s financial condition in the current context of increasing instability and aggressive sanctions imposed on the Russian economy. The authors research the issue of choosing relevant methods of express diagnostics in order to produce an accurate and objective assessment of the company’s financial condition, to identify financial threats and problems, and to prevent bankruptcy. The authors proposed the following criteria for assessment and express diagnostics of the company’s financial condition: liquidity and solvency, business activity, financial stability and financial independence, cost-efficiency, growth rate and probability of the threat of bankruptcy. The methodology proposed by the authors includes the use of such formalized analytical tools as coefficient and comparative analysis, a model for assessing the probability of bankruptcy, and an analysis of the company’s growth rates. The authors of the article illustrate application of the given methods of express diagnostics of the company’s financial condition with the use of accounting records of “Danaflex-Nanо” LLC. The implementation of this methodology enables companies to objectively assess the financial condition, diagnose financial problems in a timely manner, prevent financial insolvency, and improve the quality of financial management.

The general state budget is one of the tools for achieving the goals and programs of the Government in various political, economic and social fields. In order to ensure proper implementation of the general budget items, monitoring tools should be in place to ensure that the general budget is implemented as it was planned and planned to achieve rationalization of public spending, which is one of the main goals that most Governments strive to achieve. This is a positive indicator for assessing the authority of any government and its success in its work. The purpose of this study is to find out to what extent the control over the execution of the general budget contributes to the rationalization of public spending and the control of financial deviations in the general budget of the state by defining the concept of the general budget, monitoring its execution and rationalization of public spending. One of the most important results achieved is that the rationalization of public spending requires increased transparency of financial transactions in the light of the general budget and that it is necessary to move to the preparation of the general budget on an alternative to the traditional basis to ensure the improvement of methods of execution of the general budget.

An empirical study of the determinants of the shareholder value creation of public Russian companies includes a sample of panel data of 77 companies over six years in the period from 2015 to 2020. The object of the study is a sample of domestic companies representing various sectors of the economy. The sectoral composition of the objects of observation is represented by 7 types of activities: mechanical engineering, metallurgy, petrochemistry, nutrition, construction, transport and telecommunications, electric power industry. In the course of the study, the dependence of the coefficient “Price / Book value” (“Market-to-book ratio”) was tested. Based on the previous studies, the following classification of the most significant factors and drivers of the creation of shareholder value of public companies of the Russian market was proposed: the level of current liquidity; return on invested capital; financial leverage; the growth rate of fixed assets; operational risk; the internal audit service in the structure of the company; exchange rate volatility; the size of the company and its age; the shareholder represented by the state; the foreign shareholder; the temporary and sectoral effects. As a result of the study, we came to the conclusions that the level of financial leverage (hypothesis H1.2), the return on invested capital (hypothesis H1.3), the growth rate of fixed assets (hypothesis H1.4), the age of the company (hypothesis H1.8 – confirmed with feedback), the presence of an internal audit service (hypothesis H1.9), the presence of state and foreign owners (hypotheses H1.10 and H1.11), as well as belonging to the oil and gas industry (hypothesis H1.12) are statistically significantly associated with indicators of shareholder value creation. Current liquidity ratio (hypothesis H1.1), exchange rate volatility (hypothesis H1.5), operational risk level (hypothesis H1.6) and the size of the company (hypothesis H1.7) do not affect the creation of shareholder value. The results obtained by us have small discrepancies with previous studies on the Russian market.

The transformation of the modern economy, caused by the development of technology, and the activity of the stock market show that the main drivers of modern development are increasingly becoming ecosystems, information, reputation, knowledge, corporate culture, connections, and many others that provide additional competitive advantages for both individuals and companies. Based on this, the study of the role of reputation in the process of intensifying economic development is of particular relevance and significance for both science and practice. As you know, the market value of the company is formed under the influence of external factors that are not subject to the control of the company’s managers, such as, for example, macroeconomic and industry trends. The results of the study presented in this article, using economic and mathematical approaches, convincingly prove that in addition to the above factors, reputation is beginning to have an increasing influence on the formation of the company’s market value in the era of digitalization. This article proposes a modern integrated approach to assessing the factors that affect the market value of a company, in which, in addition to the three traditional assessment factors (macroeconomic, industry and internal), a factor is proposed that assesses the impact of reputation in the information environment.

Our investigation is devoted to the analysis of macroeconomic factors influence on a stock return of the 23 large Russian companies of the Moscow stock exchange index in 2008–2021. The crisis periods of the investigation are as follows: 2008–2009, 2014–2015, and 2020–2021. Choosing the factors that could influence the stock return we took into consideration some peculiarities of the Russian economy and those crises. As method of study the panel regression in econometrics was used. Empirical estimates were obtained for the companies from the monthly statistical data for the three crisis periods from August 2008 to March 2021. Based on the results we can conclude that the nature of the crises reflected the factors which were significant in each period. The most important factor turned out the central bank influence whose basic interest rate influenced the stock return in all the periods under consideration. Moreover, some other factors were significant in different periods. They are as follows: Brent oil price, exchange rate, the American stock exchange index, and money supply. In pandemic time 2020–2021, one of the significant factors was the world uncertainty index.

Regional budgets are a significant element of the budget system of the Russian Federation. And ensuring the debt and budgetary stability of the constituent entities of the Russian Federation is necessary for the effective functioning of the budgetary system of the Russian Federation and the financial security of the country. Under these conditions, the problem of assessing the debt sustainability of the constituent entities of the Russian Federation seems to be the most relevant. The article proposes a classification of debt instruments by risk level. The author revealed a trend towards a reduction in the debt burden on the budgets of the constituent entities of the Russian Federation as a whole in the Russian Federation. It has been established that low-risk debt instruments mainly prevail in the structure of the state debt of the constituent entities of the Russian Federation. However, this does not mean that the constituent entities of the Russian Federation do not have problems with servicing and repaying their public debt. So, for example, despite the reduction in the level of debt burden on the budgets, there are subjects of the Russian Federation where the value of this indicator still exceeds the norms established by the RF Budget Code. In a number of constituent entities of the Russian Federation, debt instruments with a moderate or high level of risk predominate in the structure of public debt. It has been established that the procedure for assessing the quality of debt policy covers a wider range of indicators than the procedure for assessing the debt sustainability of subjects of the Russian Federation. The need for a prospective analysis, which includes not only debt indicators, has been identified. The author proposes, when assessing the quality of debt policy and debt sustainability, to take into account the structure of public debt by debt instruments, by loan currency, by the term of obligations, as well as the volume and regularity of the budget deficit.

The change of the technological structure in the world economy and its transition to the stage of the fourth industrial revolution predetermine the need to use new approaches to the organization and management of socio-economic systems, both at the macro-, meso-, and microlevels. The previous mechanisms of regional development based on the desire to intensify exclusively economic dynamics are increasingly being challenged in the scientific community. The key priorities of socio-economic policy in these conditions are the development and improvement of mechanisms for the formation and development of an inclusive model of economic growth, providing for the achievement of a comprehensive balance between social, economic, institutional and environmental development.
In this regard, an extremely popular and relevant area of research is currently the search for mechanisms to stimulate an inclusive model of regional development. This concerns not only the identification of these mechanisms, but also the development of methodological tools for the empirical assessment of inclusive economic growth, as well as the clarification of relevant categories and definitions in order to provide a deeper and meaningful analysis of the category under study.
This article is devoted to solving the issues raised, within a certain framework. In it, the authors reveal some approaches to the definition of the concept of “inclusive growth”, an attempt is being made to build dynamic series characterizing the parameters and trajectories of inclusive development of the socio-economic environment in the regions of the Volga Federal District.
The results obtained made it possible to identify the main trends and prospects for regional growth of the regions of the Volga Federal District in the paradigm of inclusive development. In addition, the obtained results form the basis for the implementation of measures in the field of public administration to intensify the studied model of economic growth and ensure a sustainable model of regional development.

The process of digitalization of public authorities in the Russian Federation is a significant factor affecting the socio-economic development of the country in connection with the penetration of the results of state and municipal management activities into all spheres of society. At the same time, the economic aspects of the impact of innovative labor tools in the form of information products on the efficiency of both individual labor processes at the level of organizations and that of the state have been studied at an insignificant level. This study analyzes the changes in indicators characterizing the efficiency of the functioning of the apparatus of public power, as well as the processes of introducing innovative tools into its activities. Based on the results of the study, a number of problematic factors were identified that impede a structured study of this area, a number of correlations were found between statistical and economic indicators that characterize the dependence of labor efficiency in the field of public administration on the technological base of management tools. The correlation of research results with scientific materials related to the research topic is considered. It has been revealed that modern studies in the field of evaluating the effectiveness of the use of innovative tools in state and municipal administration are rather small and, first of all, are based on the final result of their functioning, while omitting the economic impact of the new tool on the course of labor processes. Reducing the impact of the negative aspects of the current format of digitalization is possible through the use of new, adapted directly to the specifics of the activities of public authorities, methods for implementing and evaluating the effectiveness of using innovative digital labor tools.

This article is devoted to discussing the topic of motivation of modern employees. In the conditions of the current economic development in Russia, almost all enterprises pay priority attention to improving the productivity of work activities and increasing the competitiveness of the company.
Employees are the main factor of effective work and business development. This article defines that the key to the effective work of the organization is the use of tools that encourage employees to work effectively to ensure the achievement of personal goals and objectives of the organization. Analysis of foreign theoretical studies of effective staff motivation shows that all existing models are found in Russian companies. The scientific result of this article is that the practice of managing foreign employees is primarily aimed at creating an effective work team, and great results are achieved thanks to the enthusiasm and high level of training of employees, which is characteristic of Russian organizations. The relevance of the issue under study is determined by the importance of motivation in the company. The effectiveness of the organization is determined by the employees. Therefore, it is very important to pay special attention to stimulating employees and selecting a certain concept for their motivation. In this research paper, we have reflected the importance of employee motivation, emphasizing the relevance of the topic.

The article considers the importance of motivating and stimulating the work of medical and nonmedical personnel in private medical centers. The peculiarities of this process related to the specifics of activities, the peculiarity of personnel management, its motivation and stimulation in the healthcare sector were identified, the consequences of the incorrectly built system of personnel incentives were described. Also, the directions of effective stimulation of medical and non-medical personnel in medical centers are considered, based not so much on material stimulation as on intangible (moral), since in practice intangible stimulation is the most effective. In addition, the article refers to the lack of medical staff and the need to retain it; the need to conduct trainings for heads of medical organizations is justified, since a competent manager must understand and know the mechanisms of conflict situations between employees, which result in demotivation of personnel and inefficient work, which may later call into question the success of the medical organization, which largely depends on how the staff of the medical center will work, and how they will work related to how the personnel incentive system is built in the medical organization.