New Realities of Restructuring of Russian Companies

Restructuring of companies has always been considered as a mechanism for improving business efficiency and increasing the stability of the organization. In modern conditions in Russia there are two stages of restructuring companies. At the first stage, which began in the early 1990s, the goals of tr...

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Autor principal:	I. R. Zhabbarov
Formato:	article
Lenguaje:	EN RU
Publicado:	North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2019
Materias:	restructuring restructuring factors non-core and unprofitable assets import substitution Political institutions and public administration (General) JF20-2112
Acceso en línea:	https://doaj.org/article/1c7165696cd24e3795def31ce1fab09e
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id	oai:doaj.org-article:1c7165696cd24e3795def31ce1fab09e
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spelling	oai:doaj.org-article:1c7165696cd24e3795def31ce1fab09e2021-11-12T10:46:10ZNew Realities of Restructuring of Russian Companies1726-11391816-859010.22394/1726-1139-2019-10-61-67https://doaj.org/article/1c7165696cd24e3795def31ce1fab09e2019-11-01T00:00:00Zhttps://www.acjournal.ru/jour/article/view/1214https://doaj.org/toc/1726-1139https://doaj.org/toc/1816-8590Restructuring of companies has always been considered as a mechanism for improving business efficiency and increasing the stability of the organization. In modern conditions in Russia there are two stages of restructuring companies. At the first stage, which began in the early 1990s, the goals of transforming companies were overcoming crisis conditions and the possibility of bankruptcy, raising financial and economic performance indicators to an appropriate level, and eliminating non-core and unprofitable structural divisions. Such goals set the objectives and directions for research on the transformation of companies. Since 2014, the external environment for doing business has deteriorated sharply in Russia. The introduction of antiRussian sanctions has caused a rupture of business and economic ties, a ban on the supply of equipment and components for domestic companies, and political restrictions. Within the framework of import substitution, domestic companies began to master the production of new types of products that were previously supplied from abroad, which requires the creation of new structural divisions. Restructuring of companies began to take place in the form of internal development, which is not provided for by the Law on Joint-Stock Companies. In the changed conditions of the external environment, the objectives of the transformation of Russian companies were to ensure the economic security of the country, the development of selfsufficiency in the national economy, the release of new types of products previously supplied from abroad. New business conditions require new tasks and factors to be identified, methods and mechanisms for effective restructuring of Russian companies to be justified.I. R. ZhabbarovNorth-West institute of management of the Russian Presidential Academy of National Economy and Public Administration articlerestructuringrestructuring factorsnon-core and unprofitable assetsimport substitutionPolitical institutions and public administration (General)JF20-2112ENRUУправленческое консультирование, Vol 0, Iss 10, Pp 61-67 (2019)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	restructuring restructuring factors non-core and unprofitable assets import substitution Political institutions and public administration (General) JF20-2112
spellingShingle	restructuring restructuring factors non-core and unprofitable assets import substitution Political institutions and public administration (General) JF20-2112 I. R. Zhabbarov New Realities of Restructuring of Russian Companies
description	Restructuring of companies has always been considered as a mechanism for improving business efficiency and increasing the stability of the organization. In modern conditions in Russia there are two stages of restructuring companies. At the first stage, which began in the early 1990s, the goals of transforming companies were overcoming crisis conditions and the possibility of bankruptcy, raising financial and economic performance indicators to an appropriate level, and eliminating non-core and unprofitable structural divisions. Such goals set the objectives and directions for research on the transformation of companies. Since 2014, the external environment for doing business has deteriorated sharply in Russia. The introduction of antiRussian sanctions has caused a rupture of business and economic ties, a ban on the supply of equipment and components for domestic companies, and political restrictions. Within the framework of import substitution, domestic companies began to master the production of new types of products that were previously supplied from abroad, which requires the creation of new structural divisions. Restructuring of companies began to take place in the form of internal development, which is not provided for by the Law on Joint-Stock Companies. In the changed conditions of the external environment, the objectives of the transformation of Russian companies were to ensure the economic security of the country, the development of selfsufficiency in the national economy, the release of new types of products previously supplied from abroad. New business conditions require new tasks and factors to be identified, methods and mechanisms for effective restructuring of Russian companies to be justified.
format	article
author	I. R. Zhabbarov
author_facet	I. R. Zhabbarov
author_sort	I. R. Zhabbarov
title	New Realities of Restructuring of Russian Companies
title_short	New Realities of Restructuring of Russian Companies
title_full	New Realities of Restructuring of Russian Companies
title_fullStr	New Realities of Restructuring of Russian Companies
title_full_unstemmed	New Realities of Restructuring of Russian Companies
title_sort	new realities of restructuring of russian companies
publisher	North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration
publishDate	2019
url	https://doaj.org/article/1c7165696cd24e3795def31ce1fab09e
work_keys_str_mv	AT irzhabbarov newrealitiesofrestructuringofrussiancompanies
_version_	1718430723467116544

New Realities of Restructuring of Russian Companies

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