E3S Web of Conferences (Jan 2021)

Assessment of sustainable foreign economic activity strategies of Russian corporations

  • Stepanov Evgeniy,
  • Pletnev Dmitri,
  • Pham Van Duc

DOI
https://doi.org/10.1051/e3sconf/202125806017
Journal volume & issue
Vol. 258
p. 06017

Abstract

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In modern economic literature, several strategies for the development of enterprises are considered at the theoretical level. However, as an independent form of strategy, foreign economic activity strategy is not considered, or not enough attention is paid to it. The purpose of the article is to identify the strategies of foreign economic activity of Russian enterprises in the oil and gas, metallurgical industries, and the food industry, based on their annual reports and ratings of Russian analytical agencies. The objectives of the study are, firstly, the development of a methodology for assessing the results of strategies for foreign economic activity, and secondly, the analysis of strategies for foreign economic activity, as a result of their commodity market, resource market, technological, integration, and financial investment strategies. As a result of the study, the features of Russian corporations’ strategies of foreign economic activity have been revealed. Their trajectories are shown in the “commodity item - country” coordinate system.