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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
EDP Sciences
2021-01-01
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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. |
first_indexed | 2024-12-16T14:02:10Z |
format | Article |
id | doaj.art-e6326cbf7da248cbb1b4a26fcc24bbf3 |
institution | Directory Open Access Journal |
issn | 2267-1242 |
language | English |
last_indexed | 2024-12-16T14:02:10Z |
publishDate | 2021-01-01 |
publisher | EDP Sciences |
record_format | Article |
series | E3S Web of Conferences |
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 |
work_keys_str_mv | AT nikolaevaekaterina misbalancesinrussianagriculturalcorporationseconomicgrowth AT pletnevdmitri misbalancesinrussianagriculturalcorporationseconomicgrowth AT mirvahedisaeed misbalancesinrussianagriculturalcorporationseconomicgrowth |