Khezazna B.National Research Ogarev Mordovia State University, Saransk, Republic of Mordovia, Russian Federation khezazna.badar@gmail.com ORCID id: not available
Subject The article investigates the specifics of strategic financial planning of enterprise operations in conditions of digitalization processes, as well as the introduction of advanced technologies in all spheres of social and economic life. It determines unique opportunities for company development in the international market. Objectives The study aims at reviewing a set of economic relations and problems emerging in the process of strategic financial planning of enterprise performance in the digital economy, and developing recommendations to improve the financial strategic planning of economic entities. Methods We employ methods of economic analysis and synthesis, and comparison. The paper rests on works by academic economists on the problems of finance, financial management, and planning. Results We investigated the most important features and problems of strategic financial planning of enterprises in the digital economy, and how the digital era increases the level of competition of participants for economic dominance. Identified features of financial strategic planning of the corporation's activities in the digital economy are recommended for use in the corporate management system of an industrial enterprise. Conclusions Improving the strategic management process is a stage of transformations in the digital economy. Enterprises create new priorities through using management models. At the same time, the role of fixed assets is reduced, and intangible assets and information accelerate the business. The effectiveness of company operations is often determined by the availability of accurate and timely information that reflects the necessary aspects of financial and economic practice.
Grenbek G.V., Basareva V.G., Kupershtokh V.L., Sil'chenko T.A. Analiz i formirovanie organizatsionnoi struktury promyshlennogo predpriyatiya: voprosy metodologii i metodiki [Analysis and formation of the organizational structure of an industrial enterprise: Issues of methodology]. Novosibirsk, Nauka Publ., 1983, 182 p.
Andreeva G.N., Badal'yants S.V., Bogatyreva T.G. et al. Razvitie tsifrovoi ekonomiki v Rossii kak klyuchevoi faktor ekonomicheskogo rosta i povysheniya kachestva zhizni naseleniya [Developing the digital economy in Russia as a key factor of economic growth and improving the quality of life of the population]. N. Novgorod, Professional'naya nauka Publ., 2018, 131 p.
Babkin A.V., Burkal'tseva D.D., Kosten' D.G., Vorob'ev Yu.N. [Formation of digital economy in Russia: Essence, features, technical normalization, development problems]. Nauchno-tekhnicheskie vedomosti SPbGPU. Ekonomicheskie nauki = St. Petersburg State Polytechnical University Journal. Economics, 2017, vol. 10, no. 3, pp. 9−25. URL: Link (In Russ.)
Baikov E.A. [Strategic management innovative organizational-economic systems in the sphere of culture in the digital economy]. Peterburgskii ekonomicheskii zhurnal = Saint-Petersburg Economic Journal, 2019, no. 3, pp. 32–41. URL: Link (In Russ.)
Boiko I.P., Evnevich M.A., Kolyshkin A.V. [Enterprise economy in the digital age]. Rossiiskoe predprinimatel'stvo = Russian Journal of Entrepreneurship, 2017, vol. 18, no. 7, pp. 1127–1136. (In Russ.) URL: Link
Evmenov A.D., Bulochnikov P.A. [Quality management processes of organizations as a reserve of improving competitiveness]. Peterburgskii ekonomicheskii zhurnal = Saint-Petersburg Economic Journal, 2016, no. 3, pp. 40–48. URL: Link (In Russ.)
Lavrent'eva L.V., Yashkova E.V. [The importance of the national digital economy in public and financial life]. Innovatsionnaya ekonomika: perspektivy razvitiya i sovershenstvovaniya, 2018, no. 1, pp. 98–103. URL: Link (In Russ.)
Levchaev P.A. Finansovye resursy predpriyatiya: teoriya i metodologiya sistemnogo podkhoda: monografiya [Financial resources of the enterprise: Theory and methodology for a systems approach]. Saransk, Ogarev Mordovia State University Publ., 2002, 104 p.
Pan'shin B. [Digital economy: Concepts and lines of development]. Nauka i innovatsii = Science and Innovations, 2019, no. 193, pp. 48–55. URL: Link (In Russ.)
Mineeva V.M. [Conceptual fundamentals of digital transformation of economy]. Putevoditel' predprinimatelya, 2019, no. 41, pp. 142–146. (In Russ.)
Alikaeva M.V., Babkin A.V., Buimov A.G. Ekonomika i menedzhment: problemy i perspektivy [Economics and management: Problems and prospects]. St. Petersburg, Saint Petersburg State Polytechnic University Publ., 2005, 773 p.
