Financial Pressure in Russia: Issues in Theory and Practice

Abstract

This article attempts to understand in theory the concept of financial pressure. In order to analyze financial pressure, the authors found that system analysis, logistic regression model, large sample and economic entropy could be suitable methods in the financial pressure study. The authors used deductive and analytical cognition methods, studied the financial pressure causes, taking into account the financial transactions specifics leading to high risk in economic activity of the enterprise and the country as a whole. It has been established that the Russian capital market differs from foreign markets in its specificity. It has been determined that the financial pressure study should begin with a study of transformations in enterprises with state participation in the form of ownership. For this purpose, in the financial risk and fraud study there was studied various theoretical approaches, the scientific results of which are of a different nature. It was revealed that business entities should take into account financial pressure in order to respond in a timely manner to a potential economic crisis, since financial problems periodically give rise to economic problems, the failure of which can become threatening either for enterprises or for the national economy in general.