Abstract

The modern Russian economy is basically the economy of corporations, both public and private. For this reason, the peculiarities of economic relations between the main centers of power in corporations and outside them, affect the results and efficiency of the economy. Corporations are becoming instruments of geopolitical influence, establishing economic ties with neighboring countries even under conditions of external pressure. One of the typical Russian corporations today is Gazprom, the largest gas producer. It combines the strengths of both the state and private corporations. The article considers in detail the distribution of value added to Gazprom according to the consolidated financial statements for 2012-2017. It reveals trends and patterns that allow to determine the strengths and weaknesses of this corporation as a driver of the development of the Russian economy. The main stakeholders (state, employees, top management and creditors) are identified. The research uses methods of synthesizing the partial indicators of various forms of reporting, data from Gazprom’s official website and open sources. The uniqueness of the research consists in the author’s method of calculating the amounts of value added received by each stakeholder. The role of the State as the main stakeholder of the corporation Gazprom is justified.

Highlights

  • Starting with the economic tables by Quesnay, further in the works by A

  • The trends of the social division of labor and production specialization that have emerged at that time, have formed today a portrait of a modern economy in which production processes are often international in nature

  • Most often economists speak of the value added, adherents of the classical and Marxist schools use the notion of the "surplus value"

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Summary

Introduction

Starting with the economic tables by Quesnay, further in the works by A. Thanks to the taxes paid by the company or arising from the company's work, many public benefits are produced. Most often economists speak of the value added, adherents of the classical and Marxist schools use the notion of the "surplus value". The way the largest corporations distribute the value added created in the process of their activity is a very important economic problem

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