Вестник Российского экономического университета имени Г. В. Плеханова (Dec 2019)

Upgrading the System of Corporate Management in Company in Order to Raise its Economic Sustainability and Investment Appeal

  • N. F. Lozik,
  • A. Y. Anisimov,
  • A. A. Panasyuk

DOI
https://doi.org/10.21686/2413-2829-2019-6-70-82
Journal volume & issue
Vol. 0, no. 6
pp. 70 – 82

Abstract

Read online

The article studies the issue of investment appeal of Russian corporate organizations, political, legal, economic and social factors of external environment in the Russian Federation. It analyzes the internal environment of Russian companies and specific features of investment activity of Russian and foreign companies, as well as principles and recommendations of international organizations of economic cooperation and development, European associations of stock brokers and European shareholders and shows their potential use in Russian companies. The authors estimate the degree of compliance of the system of corporate management and corporate social responsibility in Russian companies with principles of justice, responsibility, accounting and transparency. They study processes of developing corporate strategies in Russian companies, practice of building vertically-integrated companies, horizontal and conglomerate integration processes. As a result of researching the investment climate and economic sustainability of Russian companies the authors prepared recommendations aimed at strengthening the ties between companies and investors on the basis of the system of corporate management in the aspect of managerial practice standardization, accounting consolidation in accordance with international standards and others. Restructuring the system of corporate management in company is essential in order to improve the company predictability for investors and to cut risks in investment.

Keywords