The Influence of the Financial Strategy on the Development of the State Corporation

A. D. Trushanina

2021

Abstract

The subject of the study is the influence of financial strategy on the development of the state corporation; the state corporation "Rostec" was chosen as the object of the study. The article discusses the main approaches to defining the essence of a financial strategy, its functions. In this work, theoretical methods of scientific research were used, such as analysis and synthesis, deduction and induction, abstraction, as well as empirical and mathematical methods, which include the comparison method and the statistical method, respectively. Attention is paid to the development of the Rostec Group both from the side of retrospective analysis and from the side of the analysis of long-term development plans of the corporation. The main directions of development of this state corporation are given. The goal of increasing the share of civilian products in revenue was considered in detail, tools were proposed to achieve this goal. This made it possible to draw a conclusion about financial strategy as the basis of the overall development strategy of the corporation, affecting all business processes, regardless of whether they occur within the corporation or are associated with the external environment.

Paper Citation

in Harvard Style

Trushanina A. (2021). The Influence of the Financial Strategy on the Development of the State Corporation. In Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES, ISBN 978-989-758-546-3, pages 196-200. DOI: 10.5220/0010696500003169

in Bibtex Style

@conference{ses21,
author={A. D. Trushanina},
title={The Influence of the Financial Strategy on the Development of the State Corporation},
booktitle={Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES,},
year={2021},
pages={196-200},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010696500003169},
isbn={978-989-758-546-3},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES,
TI - The Influence of the Financial Strategy on the Development of the State Corporation
SN - 978-989-758-546-3
AU - Trushanina A.
PY - 2021
SP - 196
EP - 200
DO - 10.5220/0010696500003169