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"Ugol" magazin


Original Paper

UDC 330.47 © K.A. Kornilova, O.V. Trubetskaya, M.I. Ivaev, O.S. Demchenko, 2023

ISSN 0041-5790 (Print) • ISSN 2412-8333 (Online) • Ugol’ – Russian Coal Journal, 2023, № 2, pp. 52-55

DOI: http://dx.doi.org/10.18796/0041-5790-2023-2-52-55




Kornilova K.A.1, Trubetskaya O.V.2, Ivaev M.I.3, Demchenko O.S.4

1Samara State University of Economics, Samara, 443090, Russian Federation

2Samara State University of Engineering, Samara, 443105, Russian Federation

3Povolzhskiy State University of Telecommunications and Informatics, Samara, 443010, Russian Federation

4Siberian Federal University, Krasnoyarsk, 660041, Russian Federation

Authors Information

Kornilova K.A., Lecturer Department of Economic Theory, e-mail: kornilova97@yandex.ru

Trubetskaya O.V., PhD (Economic), Associate Professor Department of National and World Economy,

e-mail: olgatrub@gmail.com

Ivaev M.I.,Senior Lecturer Department of Digital Economy, e-mail: ivaevmarat@ya.ru

Demchenko O.S., PhD (Economic), Associate Professor of Economics and Business Process Management Department, e-mail: dosnotvista@yandex.ru


Nowadays companies in all sectors, including the coal industry, are committed to innovative development, so they actively raise funds from investors on financial platforms of various levels. There exist several factors that can predetermine the choice of an investor. One of these factors is the level of information transparency. The economic relationship develops in an accessible communication environment, where a dialogue exists between the company and the investor.

Information transparency of the company is currently one of the main factors defining its competitiveness. Investors prioritize companies with open financial reporting and transparent operations. An investor uses various analytical platforms to access information about issuers, which increases their transaction costs. Availability of a single indicator that defines the level of transparency would increase the economic performance of the investor, reducing costs, while the issuer would be additionally motivated to provide the most complete and accessible form of reporting. The integral index of transparency, which correlation with the level of investment attractiveness is proved in this article, could become one of such indicators.


Information transparency, Digital technologies, Rating, Reputation capital.


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For citation

Kornilova K.A., Trubetskaya O.V., Ivaev M.I. & Demchenko O.S. Information transparency as an investment attractiveness factor in the coal industry.Ugol’, 2023, (2), pp. 52-55. (In Russ.). DOI: 10.18796/0041-5790-2023-2-52-55.

Paper info

ReceivedOctober 17, 2022

Reviewed December 10, 2022

Accepted January 26, 2023


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