Importance Financial policies of entities, especially in industrial production, are of scientific interest, considering the need to renovate the technological basis, expand production output and policies for substituting imported technologies, and the effect of external crisis phenomena. The article analyzes the industrial production sector (manufacturing) in terms of dynamics of changes in key indicators, i.e. corporate turnover, tax revenues to the consolidated budget, debt burden (accumulated debt) of industrial producers. Objectives The article pursues analyzing and evaluating key indicators of financial policies followed by business entities, which operate in industrial production of the Republic of Bashkortostan. The research also determines areas for studying scientific publications in terms of improving approaches to formulating the said policy in the future. The research deals with such objectives as systematizing available scientific approaches to determining types and kinds of corporate financial policies in industrial production, analyzing and evaluating the main manufacturing segments of the Republic of Bashkortostan, and making conclusions on their growth rates. I also identify priorities and ways for improving financial policies of business entities in the region's industrial production. Methods The research relies upon systematization of scientific publications, studies by the Russian and foreign scholars, comprehensive evaluation of regulations on strategic development and management of corporate financial resources. Results I identify the main trends in development of financial policies in the region's industrial production sector. The system of comprehensive and consistent indicators reflects turnover of companies and tax revenue of the consolidated budget and indicates the growth in production and reduction of tax revenue from some industries. It relates to the general national trends of the deteriorating economic situation, falling prices in external markets, decrease in corporate solvency and internal factors (increased debt burden). Conclusions and Relevance Considering the financial volatility, it is necessary to improve and configure methods for managing financial policies that pursue an increase in added value in the region's economy.
Keywords: financial policies, finance, tax, business entity, industrial production
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