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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Format: | Article |
Language: | English |
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Publishing House of the State University of Management
2024-11-01
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Series: | Вестник университета |
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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. |
format | Article |
id | doaj-art-c84dcafc6e41409392cdc19ae8bb903a |
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 |