Relationship between financial policy performance and sustainable development of the company

Abstract

The objects of the study were large organizations of two different branches of the economy: the water transport industry in the form of joint-stock companies open to stock markets and joint-stock companies of the radio-electronic industry of the Russian Federation. A statistical sample of companies from the total population of companies in each branch was made. Homogeneous groups of companies were created. The subject of study is the sustainable development of companies. The purpose of the study is to substantiate the choice of methods for assessing the level of sustainable development, taking into account the integrated methodology and assessment methods. Tasks: identification of sectoral specificity of activity; review and systematization of methods of analysis of economic, personnel (social) and operational efficiency of researched companies at the moment and retrospective dynamics; disclosure of the main positive and problematic factors of influence on sustainable development; formation of a set of indicators of assessment of sustainable development of companies within the industry; quantitative and qualitative assessment of sustainable development of companies by the proposed set of indicators: the advantages and disadvantages of individual methods. The rating approach, a number of methods of analysis of economic activity were used as a methodology. All companies studied are in the maturity phase in management terminology. The text of the article demonstrates the interim results of the studyA more detailed consideration of the institutional approach to sustainable development analysis and assessment is envisaged. At this stage, the environmental dimension of sustainable development is not being explored for a number of reasons.