Financial management of an environmental enterprise

The article examines financial management of environmental enterprises from the standpoint of evaluating the results of financial analysis and specifics of its implementation. Increasing the competitiveness of environmental organisations in the Russian Federation and ensuring their prospects in the...

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Main Authors: E. A. Kirova, A. A. Kurchenko
Format: Article
Language:English
Published: Publishing House of the State University of Management 2024-11-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/5562
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author E. A. Kirova
A. A. Kurchenko
author_facet E. A. Kirova
A. A. Kurchenko
author_sort E. A. Kirova
collection DOAJ
description The article examines financial management of environmental enterprises from the standpoint of evaluating the results of financial analysis and specifics of its implementation. Increasing the competitiveness of environmental organisations in the Russian Federation and ensuring their prospects in the face of sanctions and restrictions at this stage of development is becoming increasingly relevant. The authors propose a methodology for financial analysis of industrial and environmental activities of an enterprise based on the calculation of key financial and private environmental indicators of environmental enterprises. The novelty of this study lies in an integrated approach to financial management based on the results of the analysis of financial and private environmental indicators of environmental organisations, covering the financial and environmental aspects of their activities. The integrated approach to financial management is innovative because it is founded on the close relationship between financial and environmental activities of enterprises. The presented article develops analytical support and methodological tools of the analysis for use by environmental enterprises, with consideration to their specifics, in order to improve the efficiency of financial management. The practical significance of this article lies in the analytical provision of effective financial management for the sustainable development of environmental enterprises.
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institution Kabale University
issn 1816-4277
2686-8415
language English
publishDate 2024-11-01
publisher Publishing House of the State University of Management
record_format Article
series Вестник университета
spelling doaj-art-c84dcafc6e41409392cdc19ae8bb903a2025-02-04T08:28:22ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152024-11-010919320210.26425/1816-4277-2024-9-193-2023216Financial management of an environmental enterpriseE. A. Kirova0A. A. Kurchenko1State University of ManagementState University of Management; Limited Liability Company “Priroda”The article examines financial management of environmental enterprises from the standpoint of evaluating the results of financial analysis and specifics of its implementation. Increasing the competitiveness of environmental organisations in the Russian Federation and ensuring their prospects in the face of sanctions and restrictions at this stage of development is becoming increasingly relevant. The authors propose a methodology for financial analysis of industrial and environmental activities of an enterprise based on the calculation of key financial and private environmental indicators of environmental enterprises. The novelty of this study lies in an integrated approach to financial management based on the results of the analysis of financial and private environmental indicators of environmental organisations, covering the financial and environmental aspects of their activities. The integrated approach to financial management is innovative because it is founded on the close relationship between financial and environmental activities of enterprises. The presented article develops analytical support and methodological tools of the analysis for use by environmental enterprises, with consideration to their specifics, in order to improve the efficiency of financial management. The practical significance of this article lies in the analytical provision of effective financial management for the sustainable development of environmental enterprises.https://vestnik.guu.ru/jour/article/view/5562financial analysisfinancial managementenvironmental enterpriseskey financial indicatorsprivate environmental indicatorsenvironmental revenuesenvironmental expenses
spellingShingle E. A. Kirova
A. A. Kurchenko
Financial management of an environmental enterprise
Вестник университета
financial analysis
financial management
environmental enterprises
key financial indicators
private environmental indicators
environmental revenues
environmental expenses
title Financial management of an environmental enterprise
title_full Financial management of an environmental enterprise
title_fullStr Financial management of an environmental enterprise
title_full_unstemmed Financial management of an environmental enterprise
title_short Financial management of an environmental enterprise
title_sort financial management of an environmental enterprise
topic financial analysis
financial management
environmental enterprises
key financial indicators
private environmental indicators
environmental revenues
environmental expenses
url https://vestnik.guu.ru/jour/article/view/5562
work_keys_str_mv AT eakirova financialmanagementofanenvironmentalenterprise
AT aakurchenko financialmanagementofanenvironmentalenterprise