Import Substitution of the Culture of Measurements

DOI: 10.33917/es-4.190.2023.78-85

World turbulence has accelerated trends towards cultural changes that emerged at the end of the last century. Today transformation of traditional management forms, corresponding to changing cultural models, is adequate neither to the essence nor the pace of the new reality formation. It’s high time to start thinking about inevitability of losing the comfort of managing an enterprise as a profit-making machine. The well-known postulate “what cannot be measured cannot be controlled” raises a new question: what and how to measure? Possible way out could be the return to corporations of diversity and complexity on the basis of the theory of fractal sets, and allocation of natural processes outside the Euclid and Newton metrics could become the foundation of a self-organization.


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Assessment of the financial potential and corporate asset management policy of Severstal Corporation PJSC

DOI: 10.33917/mic-6.107.2022.49-59

This article assesses the financial potential and corporate asset management policy of Severstal Corporation PJSC. A recommendation is given to change the current liabilities management policy from aggressive to moderate, which will lead to an increase in the financial stability of the enterprise, a decrease in the effect of financial leverage, as well as an increase in the weighted average cost of capital as a whole. The study conducted by the authors showed that Severstal Corporation PJSC has average estimates for almost all components of the financial potential of the corporation, therefore, it can be assigned an integral average level of financial potential.


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Assessment of financial potential and corporate asset management policy of RUSAL URAL JSC

DOI: 10.33917/mic-4.105.2022.24-33

This article evaluates the financial potential and corporate asset management policy of RUSAL URAL JSC in the context of economic sanctions. It is established that RUSAL URAL JSC combines an aggressive policy of managing current assets and an aggressive type of policy of managing current liabilities. Thus, a comprehensive operational management policy can also be characterized as aggressive. JSC RUSAL URAL has low ratings for almost all components of the financial potential of the corporation (FPC), therefore, it can be assigned a low level of FPC. Thus, the corporation is not financially stable. In order to improve the financial position of the corporation, increase its stability and solvency, it is possible to change the policy of managing current liabilities from aggressive to moderate, i.e. reduce the share of short-term loans in the total amount of liabilities.


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