Abstract

Objective: To evaluate the efficiency of Russian industrial enterprises based on the stochastic method using financial indicators for 2017-2018. Method: the parametric SFA (Stochastic Frontier Analysis) method based on a stochastic model of the production function is used to assess the efficiency of enterprises. In order to achieve more accurate results, a modification of this method was performed. And also with the help of the developed modified SFA method, the bankruptcy of industrial enterprises of the Russian Federation was predicted on the basis of selected significant financial indicators. 35 bankrupt enterprises and 35 operating enterprises of the same industry were analyzed. Results: As a result of the work done using open sources, you can see how the efficiency of different enterprises in the same industry changes over several years. Conclusion: This study suggests the ability to use the Stochastic Frontier Analysis method and its modification on the studied data in the process of monitoring the dynamics of the efficiency of enterprises both bankrupt and operating. Such an assessment of efficiency can be recommended to other sectors of the economy.

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