Environmentally sustainable policies in the petroleum sector through the lens of industry 4.0. Russians Lukoil and Gazprom: The COVID-19 crisis of 2020 vs sanctions crisis of 2022

The incomplete resource efficiency of oil and gas (O&G) companies in their imperfect corporate reporting is a relatively new topic gathering researchers' attention because of the increased importance of environmental concerns. The main aim of this article is to aid researchers in understanding the overall trends and shifts in exploring a novel sustainable development method for O&G companies and evaluating it using the example of Lukoil and Gazprom. The study uses a trend analysis method to examine the dynamics of Brent prices to recognise causal connections between the COVID-19 crisis of 2020 and the sanctions crisis of 2022 and their impact on O&G companies' sustainability. Subsequently, the article conducts a quantitative and qualitative study to combine qualitative information on pandemic models with quantitative dynamics of Brent prices and identify their relationship. This article develops a sustainable development method for O&G companies, the novel nature of which consists of digital intellectual monitoring of the sustainability of these companies in public policy practices on Industry 4.0. The article also suggests potential research directions for AI applications to automatically track intelligent data analytic capabilities. The significant findings of this study show that this approach allows for total market coverage and rational decision-making by state regulators and the attentive public. This new method offers a proprietary algorithm and recommendations for energy companies on improving corporate accounting and development of resources policy, assessed using the example of Lukoil and Gazprom.

Dataset Analysis of Pandemic Risks and Risk Management Prospects Based on Management and Marketing in Conditions of COVID-19 Recession

The motivation for the research was the suddenness of the COVID-19 pandemic and the unavailability of health measures (well-established treatment and vaccination) at the beginning of 2020, which caused an uncontrollable increase in the incidence of disease worldwide and high mortality. The research aims to conduct a dataset analysis of pandemic risks and risk management perspectives based on management and marketing during the COVID-19 recession. The dataset aggregated the statistics on management, marketing, and morbidity during COVID-19 for most countries worldwide that provide data for international statistics (141 countries). Using the developed methodological approach, the authors evaluate the contribution of management and marketing in the fight against the viral threat. The authors calculated specific indices that reflect the contribution of each management and marketing factor separately to combat the viral threat in the second and third trimesters of 2020. The novelty of this research lies in the fact that the dataset study provides a systemic coverage of international experience and develops a universal economic approach to pandemic risk management. The theoretical significance of the research findings is that they reveal differences in the capabilities of economic risk management of a pandemic as the viral threat changes. The practical significance of the research lies in the fact that the results obtained in the third trimester of 2020 make it possible to adjust the policy of the state and corporate risk management of the COVID-19 pandemic during the subsequent pandemic waves, in the post-pandemic period, and in future epidemics and pandemics. Economic measures fill the existing gap, making up for the lack of risk management measures in the early phases of the COVID-19 pandemic.

Changing entrepreneurial attitudes for mitigating the global pandemic’s social drama

This paper investigates international experiences and perspectives on how entrepreneurs can improve management practices while minimizing the COVID-19 pandemic’s social drama. The paper probes how companies deal with the myriad challenges they face amid the unfolding pandemic and how these processes’ economic and cultural dimensions may exert an enduring effect. A novel dataset analyses how entrepreneurs manage the change of management processes in a sample of ten countries. Three economic impacts on entrepreneurs caused by the pandemic were observed: (1) a deficit as a result of social distancing reduced due to the growth of Internet retailing;(2) a deficit resulting from a fall in demand decreased due to innovations that mitigate this demand-side change;(3) a social crisis in the labour market due to social distance and relocating many employees to remote working practices. In countries with the most considerable number of cases of COVID-19, it is recommended that attitudes towards entrepreneurial risk be raised. In countries with the vastest number of fatal cases per 100,000 people, implications for change management in entrepreneurship are an increase in Internet retailing level, a reduction in entrepreneurial fear of failure, and an increase in entrepreneurial risk awareness. Besides, an anonymous sociological survey among companies’ directors and managers in Russia on management initiatives taken on between late 2020–early 2021 shows that companies maintain a 60.21% readiness for such systemic challenges while their readiness for change increased under the influence of the pandemic. The contribution to the literature of this article lies in rethinking the COVID-19 crisis from the standpoint of social drama, which made it possible to clarify the cause-and-effect relationships of change management in entrepreneurship. For the first time, the paper proposes systemic—socio-economic recommendations for improving the practice of change management against the background of such a social drama.

Digital public health: automation based on new datasets and the Internet of Things

This paper presents a successfully applied development of new datasets and offers an innovative solution through interactive platforms to gather, process, and analyze big data. The paper shows the capabilities, advantages, and perspectives of using datasets in digital public health amid virus threats, e.g., the COVID-19 pandemic. The paper's contribution to the literature includes developing and applying a solution to implement the digital public health concept connected to creating and expanding datasets. There is a general lack of studies examining the practical impact of technology and big data on "smart" digital public health management and its implications and effects;much is still to uncover in the literature. Instead, this paper supplies intellectual monitoring and "smart" digital public health management based on the Internet of Things (IoT). As artificial intelligence becomes accessible to all, our applied research drew on the dataset “COVID-19 and the 2020 economic crisis figure out healthcare system capabilities and ramifications for the economy and business all over the world.” It applies datasets for intellectual monitoring and "smart" digital public health management based on IoT and artificial intelligence, allowing its use in a wide range of scientific studies and real cases.

Corporate Social Responsibility Amid Social Distancing During the COVID-19 Crisis: BRICS vs. OECD Countries.

This paper compares today's corporate management in developing markets (BRICS countries) vs. developed markets (the OECD countries). The influence of determining a new social corporate management season considering social distancing amid the COVID-19 pandemic on emerging markets' economic growth is ascertained and set apart from corporate management in developing markets. This paper helps clarifying and better understanding the role of corporate social responsibility in the conditions of an economic crisis against the background of the COVID-19 pandemic. This work provides scientific arguments that allow solving critical discussions regarding the advantages (growth of quality of life, an increase of business's competitiveness) and costs (limitation of economic growth, non-commercial use of profit, and increased price for goods and services) of domestic production and consumption. In the long-term, responsible financial practices return all investments and allow countries to better cope with a crisis. The research supplies a new view of corporate social responsibility as a measure of crisis management. It reflects its advantages at a time of social distancing in the conditions of the COVID-19 pandemic. The institutionalization of corporate social responsibility in emerging countries is not predetermined by internal factors (approach to doing business or organizational culture), if not by external factors (market status, state regulation, and consumer awareness). These circumstances prove the high complexity of strengthening corporate social responsibility in developing countries. In the conditions of social distancing - due to the COVID-19 pandemic - corporate social responsibility goes to a new level. In both developing and developed countries, one of the most widespread manifestations of corporate social responsibility is the entrepreneurship's transition to the remote form of activities. This envisages the provision of remote employment for workers and the online purchase of goods and services for consumers.