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Regional Economics: Theory and Practice
 

Diagnosis of insolvency signs and pre-crisis condition in commercial organizations: Developing organizational and methodological approaches

Vol. 21, Iss. 7, JULY 2023

Received: 11 May 2023

Received in revised form: 27 May 2023

Accepted: 9 June 2023

Available online: 17 July 2023

Subject Heading: ECONOMIC SECURITY

JEL Classification: G33

Pages: 1337–1362

https://doi.org/10.24891/re.21.7.1337

Lyudmila I. PRONYAEVA Central Russian Institute of Management, Branch of RANEPA, Orel, Russian Federation
pli.dom@mail.ru

https://orcid.org/0000-0002-4311-2892

Ol'ga A. FEDOTENKOVA Central Russian Institute of Management, Branch of RANEPA, Orel, Russian Federation
o-fedotenkova@yandex.ru

https://orcid.org/0000-0002-1153-3991

Anna V. PAVLOVA Central Russian Institute of Management, Branch of RANEPA, Orel, Russian Federation
anna-pavlova1010@yandex.ru

https://orcid.org/0000-0002-4322-2530

Subject. This article discusses the problems of financial stability of the Russian economy.
Objectives. The article aims to develop a methodology for multivariate analysis of the financial condition of the organization.
Methods. For the study, we used the method of expert assessment.
Results. The article presents the results of the analysis of the proportion of unprofitable organizations by type of economic activity. It identifies the main causes of bankruptcy and builds a special matrix that helps determine the feasibility of implementing anti-crisis measures within the organization.
Conclusions. The use of the results of the study will contribute to the optimization of the financial and economic activities of business structures.

Keywords: pre-crisis condition, bankruptcy, financial and economic activities, crisis phenomena, commercial organizations

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