Vadim I. KHALINUral State University of Economics (USUE), Yekaterinburg, Russian Federation Aptuct@list.ru ORCID id: not available
Subject. The article addresses the methodology for evaluating the effectiveness of the use of concession mechanisms based on the stakeholder theory in investment activities. Objectives. The purpose is to develop methodological approaches to assessing the effectiveness of investment process financing, using the concession mechanisms. Methods. I employ both general scientific methods of cognition and analytical, economic and statistical methods of information processing, based on the analysis of existing concession agreements. Results. The study defines a methodology for evaluating the effectiveness of the use of concession mechanisms on the basis of the theory of stakeholders. It enables to determine the limits and prospects for investing private investor's funds, taking into account the evaluation rating scale. Conclusions. The stability of investment activity is an important aspect. The analysis of the existing preliminary review of the current economic state of concession agreements revealed negative cause-and-effect relationships, which are associated essentially with the lack of awareness of the parties of successful implementation of investment projects. My unique methodology for evaluating the effectiveness of the use of concession mechanisms based on the stakeholder approach aims at solving the above-mentioned problem and increasing the efficiency of investment project financing through a preliminary project assessment. It can be used in investment activities, in particular, in preparing and implementing concession agreements in the housing and utilities sector, construction of social institutions and transport infrastructure facilities.
Pozhitkov D., Razderishchenko I.N. [Investment activities of modern Russia]. Mezhdunarodnyi zhurnal gumanitarnykh i estestvennykh nauk = International Journal of Humanities and Natural Sciences, 2021, no. 5-2, pp. 250–254. URL: Link (In Russ.)
Shchurina S.V. [Stimulating capital investment and investment activity in the face of regressive trends in the global economy in 2021 and the medium term]. Ekonomika. Nalogi. Pravo = Economics. Taxes and Law, 2021, vol. 14, no. 1, pp. 52–60. URL: Link (In Russ.)
Vlasova O.V. [Investment crisis as the reason for the stagnation of the Russian economy under sanctions]. Vestnik NGIEI = Bulletin NGIEI, 2019, no. 5, pp. 86–94. URL: Link (In Russ.)
Lavrent'eva L.V., Kurylev A.I., Heimer B., Mel'kova A.S. [Problems and prospects of development of investment activity of the Russian Federation in the conditions of economic sanctions]. Naukovedenie, 2016, vol. 8, no. 6, pp. 76. (In Russ.) URL: Link
Alekhina K.V. [Dynamics’ analysis of the of foreign direct investment in Russia in the context of the COVID-19]. A-faktor: nauchnye issledovaniya i razrabotki (gumanitarnye nauki), 2020, no. 4, pp. 5. (In Russ.) URL: Link
Pechkin R.E. [Investment activity in the Russian Federation during the coronavirus pandemic]. Tendentsii razvitiya nauki i obrazovaniya, 2020, no. 63-4, pp. 136–140. (In Russ.) URL: Link
Sokolovskaya O.E. [Development of risk typology in projects of the public-private partnership of environmental direction]. Moskovskii ekonomicheskii zhurnal, 2019, no. 3, pp. 278–282. (In Russ.) URL: Link
Averina O.I., Sveshnikova O.N. [Development of economic analysis based on the stakeholder approach]. Vestnik Volzhskogo universiteta imeni V.N. Tatishcheva = Vestnik of Volzhsky University after V.N. Tatischev, 2020, vol. 20, no. 1, pp. 5–12. URL: Link (In Russ.)
Nikiforova E.V., Klepikova L.V., Shnaider O.V. [Sustainable development of economic entities: Key tasks, stages and interests of stakeholders]. ANI: ekonomika i upravlenie = Azimuth of Scientific Research: Economics and Administration, 2018, vol. 7, no. 3, pp. 120–124. URL: Link (In Russ.)
Yaroslavtsev A.V. Kontsessii v ZhKKh: ponyatie, mekhanizmy sozdaniya, otsenka effektivnosti: metodicheskie rekomendatsii dlya munitsipal'nykh obrazovanii Khabarovskogo kraya [Concessions in housing and communal services: The concept, mechanisms of creation, efficiency assessment: Methodological recommendations for municipalities of the Khabarovsk Territory]. Khabarovsk, Sovet munitsipal'nykh obrazovanii Khabarovskogo kraya Publ., 2017, 200 p.
Merzlov I.Yu. [Public-private partnership and sustainable development goals: Problems and prospects]. Fundamental'nye issledovaniya = Fundamental Research, 2020, no. 8, pp. 61–65. (In Russ.) URL: Link
Maslova S. Achieving sustainable development goals through public private partnership: Critical review and prospects. International Journal of Innovation and Sustainable Development, 2020, vol. 14, no. 3, pp. 288–312. URL: Link
Wadge H., Roy R., Sripathy A. et al. How to harness the private sector for universal health coverage. The Lancet, 2017, vol. 390, iss. 10090, pp. E19–E20. URL: Link31718-X
Yujie Huang, Hao Hu, Jinjin Chen, Lei Dai. Decision Making on Government Subsidy for Highway Public-Private Partnership Projects in China Using an Iteration Game Model. Promet – Traffic&Transportation, 2021, vol. 33, no. 3, pp. 399–412. URL: Link
Yehorycheva S.B., Lakhyzha M.I. Public-private partnership as a sustainable development factor: An archetypal analysis. Публічне урядування, 2019, vol. 3, pp. 182–197. URL: Link