Economic Justification, Russia Business Regulation and Risk Management in Russian Companies: Limited Liability Company "SSK"

Hartomy Akbar Basory,Refly Setiawan,Ni Kadek Sri Widiari Suwitera

doi:10.52155/ijpsat.v25.1.2703

Abstract

Abstract. The Russian government's plan to reduce spending, plan not to extend the stimulus package and have the possibility of raising taxes by 2021 are steps to be taken. One of the objectives of the policy of the Russian Federation is to provide the conditions for complete economic development for all levels of society. This study aims to explain how one company in the Russian Federation in the city of Kazan is related to increasing corporate liquidity and risk management. This study uses quantitative analysis methods with liquidity analysis approaches and corporate risk assessment. The results of this study explain that a company in the Russian Federation in the city of Kazan can develop measures to increase corporate liquidity and risk management. The International Monetary Fund also warned that the Russian government's conservative economic policies could impede an immediate recovery - especially in the context of the second wave of infections that pushed the country's healthcare system to its limits.

Highlights

Policymakers saw Russia's economic performance as a justification for the stability-focused approach adopted in the years following the annexation of Crimea
The Organization for Economic Cooperation and Development (OECD) projected that Japan and Brazil are the only two members of the G20 that will grow at a slower pace than Russia over the two years [4;18]
Most projections indicate that the Russian economy will not return to the size it was before the spread of the Corona virus for at least another 18 months [3;7]

Summary

Introduction

Policymakers saw Russia's economic performance as a justification for the stability-focused approach adopted in the years following the annexation of Crimea. They include an oil production agreement with the OPEC cartel to manage prices, build a $ 170 billion sovereign wealth fund, reduce public debt, and "fiscal rules" to cut the vicious circle of low oil prices, and the rapid depreciation of the ruble and the local Flight [1]. The Organization for Economic Cooperation and Development (OECD) projected that Japan and Brazil are the only two members of the G20 that will grow at a slower pace than Russia over the two years [4;18]. Most projections indicate that the Russian economy will not return to the size it was before the spread of the Corona virus for at least another 18 months [3;7]

Objectives

Results

Conclusion