Financial Sustainability of Corporations in Russia as Foundation of National Economic Development
- 10.2991/aebmr.k.200509.016How to use a DOI?
- economic development, economic growth, corporations, financial sustainability
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.
- © 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/).
Cite this article
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 -