Transformation of approaches to capital structure management of Russian companies in the context of COVID-19 pandemic

Proceeding
All-Russian scientific and practical conference «Law, Economics and Management»
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Published in:
All-Russian scientific and practical conference «Law, Economics and Management»
Author:
Galina A. Nekrasova 1
Work direction:
Менеджмент и маркетинг
Pages:
163-166
Received: 9 May 2022

Rating:
Article accesses:
1476
Published in:
РИНЦ
1 Syktyvkar State University
For citation:
Nekrasova G. A. (2022). Transformation of approaches to capital structure management of Russian companies in the context of COVID-19 pandemic. Law, Economics and Management, 163-166. Чебоксары: PH "Sreda".

Abstract

The article analyzes the changes in the capital structure of Russian companies in recent years. It was revealed that during the coronavirus pandemic, the share of borrowed sources in the capital structure of Russian companies increased, mainly due to accounts payable. The changes were short-term - in 2021 there was an increase in the financial independence of companies, while at the same time restoring the level of return on assets.

References

  1. 1. Карлова Н. Изменение бизнес-процессов после пандемии Covid-19: результаты опроса предприятий / Н. Карлова, Е. Пузанова // Аналитическая записка Центрального банка Российской Федерации. – 2022. – 29 с.
  2. 2. Кочетков Е.П. Цифровая трансформация компаний как инструмент антикризисного управления: эмпирическая оценка влияния на эффективность / Е.П. Кочетков, А.А. Забавина, М.Г. Гафаров // Стратегические решения и риск-менеджмент. – 2021. – №12(1). – С. 68–81.
  3. 3. Francis B., García R., Sharma Z. Impact of COVID-19 on corporate debt structure: cross country evidence // SSRN Electronic Journal. – 2020.
  4. 4. Huang H., Ye Ye Rethinking capital structure decision and corporate social responsibility in response to COVID-19 // Accounting and finance. – 2021.

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