E3S Web Conf.
Volume 208, 2020First Conference on Sustainable Development: Industrial Future of Territories (IFT 2020)
|Number of page(s)||8|
|Section||Corporate Sustainability and Corporate Social Responsibility|
|Published online||24 November 2020|
Assessment of the impact of compliance risks of residents of priority development territories on the sustainable state of the economy of the Russian Far East
Amur State University, Ignatievskoe Str., 21, 675000 Blagoveshchensk, Russia
* Corresponding author: firstname.lastname@example.org
The sustainable and balanced development of the economy of the Russian Far East is determined by many factors, including the financial condition of business structures and the ability to resist threats from the external environment. Compliance risks are considered as threats to a sustainable state, the consequences of which in relation to residents of priority development territories can be expressed in the loss of solvency, reduction of their own sources of financing and bankruptcy of economic entities. The article proposes a methodology for assessing compliance risks, consisting of indicators and established risks threshold values. On the basis of the developed methodology, an assessment was made, areas of risk and possible consequences that affect the stable state of priority development territories were identified. The indicators and assessment results can be used to monitor and improve the mechanisms for managing the economy of the Far East of Russia.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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