E3S Web Conf.
Volume 258, 2021Ural Environmental Science Forum “Sustainable Development of Industrial Region” (UESF-2021)
|Number of page(s)||7|
|Section||Environmental Planning and Economic|
|Published online||20 May 2021|
Misbalances in Russian agricultural corporations economic growth
1 Chelyabinsk State University, 129, Br.Kashirinykh str., 454001, Chelyabinsk, Russia
2 Allameh Tabataba’i University, Tehran, Iran
* Corresponding author: email@example.com
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.
© The Authors, published by EDP Sciences, 2021
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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