Misbalances in Russian agricultural corporations economic growth

The sustainability and balance of companies’ growth, especially if they are systemically important for the national economy, is essential for ensuring sustainable development. The article analyzes the balanced growth equilibrium rule for Russian corporations from leading industries: oil and gas indu...

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Main Authors: Nikolaeva Ekaterina, Pletnev Dmitri, Mirvahedi Saeed
Format: Article
Language:English
Published: EDP Sciences 2021-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/34/e3sconf_uesf2021_06030.pdf
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author Nikolaeva Ekaterina
Pletnev Dmitri
Mirvahedi Saeed
author_facet Nikolaeva Ekaterina
Pletnev Dmitri
Mirvahedi Saeed
author_sort Nikolaeva Ekaterina
collection DOAJ
description The sustainability and balance of companies’ growth, especially if they are systemically important for the national economy, is essential for ensuring sustainable development. The article analyzes the balanced growth equilibrium rule for Russian corporations from leading industries: oil and gas industry, transport, metallurgy, and retail. Paper used the data of the official consolidated financial statements for 2011-2019. It is concluded that Russian corporations’ growth is not balanced, which can have negative consequences both for their long-term development and for their stakeholders: employees, suppliers, and local communities. In 2019, no corporation demonstrated a balanced growth for key economic indicators. A misbalance in growth is typically observed in two indicators - sales revenue and profit on sales. The paper concludes that tendency highlighted leads to weak in investment and other important activities, including sustainable development goal achievement.
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spelling doaj.art-e6326cbf7da248cbb1b4a26fcc24bbf32022-12-21T22:29:04ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012580603010.1051/e3sconf/202125806030e3sconf_uesf2021_06030Misbalances in Russian agricultural corporations economic growthNikolaeva Ekaterina0Pletnev Dmitri1Mirvahedi Saeed2Chelyabinsk State UniversityChelyabinsk State UniversityAllameh Tabataba’i UniversityThe sustainability and balance of companies’ growth, especially if they are systemically important for the national economy, is essential for ensuring sustainable development. The article analyzes the balanced growth equilibrium rule for Russian corporations from leading industries: oil and gas industry, transport, metallurgy, and retail. Paper used the data of the official consolidated financial statements for 2011-2019. It is concluded that Russian corporations’ growth is not balanced, which can have negative consequences both for their long-term development and for their stakeholders: employees, suppliers, and local communities. In 2019, no corporation demonstrated a balanced growth for key economic indicators. A misbalance in growth is typically observed in two indicators - sales revenue and profit on sales. The paper concludes that tendency highlighted leads to weak in investment and other important activities, including sustainable development goal achievement.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/34/e3sconf_uesf2021_06030.pdf
spellingShingle Nikolaeva Ekaterina
Pletnev Dmitri
Mirvahedi Saeed
Misbalances in Russian agricultural corporations economic growth
E3S Web of Conferences
title Misbalances in Russian agricultural corporations economic growth
title_full Misbalances in Russian agricultural corporations economic growth
title_fullStr Misbalances in Russian agricultural corporations economic growth
title_full_unstemmed Misbalances in Russian agricultural corporations economic growth
title_short Misbalances in Russian agricultural corporations economic growth
title_sort misbalances in russian agricultural corporations economic growth
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/34/e3sconf_uesf2021_06030.pdf
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AT mirvahedisaeed misbalancesinrussianagriculturalcorporationseconomicgrowth