Development Of Russian Industrial Enterprises In The Conditions Of A Globalized Economy

Abstract

This article reveals the actual problem of the formation of the main directions and principles of the development of the activities of large Russian business in the context of globalization. The idea is substantiated that the modern stage of globalization, characterized by the intensified internationalization of the world economy, entails a profound transformation of the entire system of functioning of industrial corporations, which is focused primarily on forced economic integration on a global scale with the maximum use of scientific and technological achievements and free market mechanisms and ignoring the existing national imperatives. The author examines in detail the definition of globalization and gives a generalized description of the modern manifestations of this process. Much attention is paid to identifying trends and features of the expansion of industrial enterprises in the creation of new mechanisms of global governance. The author demonstrates examples of the development of large Russian companies under the influence of globalization expansion by the largest international organizations in the most important segments of the domestic market. He also notes that only large structures have sufficient technical and financial resources required for mergers and acquisitions related to the development of transnational businesses. In the conclusion, the results of the study are summed up, and it is stated that globalization is a process that is fraught with not only unique opportunities but can also create new threats.