Financial Sustainability of Corporations in Russia as Foundation of National Economic Development

DOI

10.2991/aebmr.k.200509.016How to use a DOI?

Keywords

economic development, economic growth, corporations, financial sustainability

Abstract

The study stipulates the need for regulation of national economic development considering economical instability in Russia and pursuing the fact that enhanced financial sustainability of commercial corporate organizations provides for national economic growth. The study defines position of corporate sector in economies of the United States, Canada, Ukraine and Russia at macro level, and the same at meso level in the economy of Stavropol Region. Among the key indicators that evaluate the role of corporate sector in economy of the region a degree of corporations ‘ participation in gross regional product (GRP) of the Stavropol territory is well underlined. The issues of financial sustainability of corporations in Stavropol Region revealed by means of relative and absolute indicators in most cases refer to complete insolvency, crisis, and strong dependence on external sources.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Viktoriya V. Manuylenko
AU  - Olga P. Chokhotarova
AU  - Elena L. Grinko
PY  - 2020
DA  - 2020/05/12
TI  - Financial Sustainability of Corporations in Russia as Foundation of National Economic Development
BT  - Proceedings of the International Conference on Economics, Management and Technologies 2020 (ICEMT 2020)
PB  - Atlantis Press
SP  - 81
EP  - 86
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200509.016
DO  - 10.2991/aebmr.k.200509.016
ID  - Manuylenko2020
ER  -