Sustainability of Belgorod Region Enterprises of Building Materials and Building Structures Industry under Sanctions

DOI

10.2991/aime-17.2017.18How to use a DOI?

Keywords

enterprise management; enterprise sustainability; integrated assessment; enterprise sustainability ranking; Belgorod Region; industry of building materials and structures.

Abstract

The paper features the analysis of sustainability of Belgorod Region enterprises dealing with production of construction materials and building structures exemplified by five largest and well-known enterprises of this industry: JSC Melstrom, JSC Stroymaterialy, OJSCÿPlant ZhBK-1, OJSC Belgorodasbestotsement and OJSC Belgorodstroydetal. Sustainability of an enterprise is understood as its functional performance within an indeterminate amount of time and ability to achieve its objectives under the influence of negative factors. An integrated comparative assessment of enterprises' sustainability in 2016 alongside with their ranking was carried out according to twelve performance indicators (financial stability index, stable working capital-to-production ratio, current liquidity ratio, growth rate ratio in respect of revenue, sales profit, net profit and equity capital, as well as return on sales, total and equity assets). The same indicators were used to analyze sustainability dynamics and to make dynamic complex sustainability assessments for every enterprise during 2013-2016. The paper lists conclusions on negative impact of sanctions with regard to the majority of enterprises under study and on their ability to maintain this sustainability and adequate financial status.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Irina Aleksandrovna Slabinskaya
AU  - Olga Borisovna Benderskaya
PY  - 2017/07
DA  - 2017/07
TI  - Sustainability of Belgorod Region Enterprises of Building Materials and Building Structures Industry under Sanctions
BT  - Proceedings of the International Conference "Actual Issues of Mechanical Engineering" 2017 (AIME 2017)
PB  - Atlantis Press
SP  - 102
EP  - 107
SN  - 2352-5401
UR  - https://doi.org/10.2991/aime-17.2017.18
DO  - 10.2991/aime-17.2017.18
ID  - Slabinskaya2017/07
ER  -