FEATURES OF THE DEVELOPMENT OF FINANCIAL POLICY OF RUSSIAN COMPANIES IN MODERN CONDITIONS

  • Igor Keri Plekhanov Russian University of Economics, Moscow
  • Elena Gromova Plekhanov Russian University of Economics, Moscow
  • Nadezhda Sinelschikova Plekhanov Russian University of Economics, Moscow
Keywords: pricing policy, commitment management, investment resources, dividend policy, innovation indicators, government regulation

Abstract

The study includes proposals regarding the development of rational financial policies by Russian companies in modern conditions. The authors have identified the following areas of difficulty: sales, the deficit and availability of financial resources and investment for development and distribution, instability of external conditions.

Changes in price policies, optimization of components and volume of trade receivables accounts are some of the suggested ways of improving a companys sales. The solution to the lack of financial resources for a companys investment development can be determined by selecting the more effective forms of financing. The authors point out the  limitations of investment activities financing under conditions of import substitution while suggesting a composition of indicators of innovation activity.

The study states that the state faces the challenge of creating favourable conditions for improving the financial stability of companies. The authors suggest measures aimed at perfecting the mechanisms of governmental financial policies.

Author Biographies

Igor Keri, Plekhanov Russian University of Economics, Moscow

Ph.D. is an Associate Professor in Economics at the Department of Financial Management, Faculty of Finance, Plekhanov Russian University of Economics, Russia. His scientific interest is finance policy company, modern capital budgeting techniques, evaluation of strategic investment projects of private and state companies. Не actively participated on international conferences, published 3 textbooks, participated in 5 microeconomic projects

Elena Gromova, Plekhanov Russian University of Economics, Moscow

Ph.D. is an Associate Professor in Economics at the Department of Finance and Pricing, Faculty of Finanсе, Plekhanov Russian University of Economics, Russia. Her scientific interest is finance policy company, investment attractiveness of companies in connection with future growth opportunities and competitive advantages. She has actively participated on international conferences, published 7 textbooks and participated in 3 collective monographs. She actively participated in 10 microeconomic projects.

Nadezhda Sinelschikova, Plekhanov Russian University of Economics, Moscow

Ph.D  is an Associate Professor in Economics at the Department of Financial Management, Faculty of Finance, Plekhanov Russian University of Economics, Russia. Hеr scientific interest is finance policy company, investment projects of private and state companies

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Published
2018-07-31
How to Cite
Keri, I., Gromova, E., & Sinelschikova, N. (2018). FEATURES OF THE DEVELOPMENT OF FINANCIAL POLICY OF RUSSIAN COMPANIES IN MODERN CONDITIONS. The EUrASEANs: Journal on Global Socio-Economic Dynamics, (4(11), 29-40. https://doi.org/10.35678/2539-5645.4(11).2018.29-40