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Bankruptcy of Companies in the Russian Federation in the Covid and Post-Covid Periods

https://doi.org/10.21686/2073-1051-2024-1-171-183

Abstract

The market economy is subject to cyclical changes, which significantly affects the financial condition of companies. Periods of growth are followed by periods of economic crises and stagnation. These periods are accompanied by both an increase in the number of companies and their financial stability, and their sharp decline, including the loss of financial solvency. In order to analyze the dynamics and industry specifics of the number of bankruptcies, the article examines the statistics of company bankruptcies in the Russian Federation from 2017 to 2023. This time period includes the pre-pandemic, pandemic (COVID-19) and post-pandemic periods, in each of which factors characteristic of each period affecting economic turbulence have been identified. The author analyzes not only the quantitative dynamics of company bankruptcies, but also the regional and industry specifics of company bankruptcies in the analyzed period.

About the Author

P. A. Lopatina
Federal State Budgetary Educational Institution of Higher Education “Plekhanov Russian University of Economics”
Russian Federation

LOPATINA Polina A. Postgraduate Student of Department of Finance for Sustainable Development

36,  Stremyanny  Lane, Moscow, 109992



References

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2. Lopatina P.A. Farmatsevticheskaia promyshlennost’ v usloviiakh nestabil’nosti ekonomiki i perspektivy ee razvitiia [Pharmaceutical Industryin Conditions of Economic Instability and Prospects for Its Development], Ekonomika i biznes: teoriia i praktika [Economics and Business: Theory and Practice], 2023, No. 9 (103), pp. 130–134. (In Russ.).

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Review

For citations:


Lopatina P.A. Bankruptcy of Companies in the Russian Federation in the Covid and Post-Covid Periods. Federalism. 2024;29(1):171-183. (In Russ.) https://doi.org/10.21686/2073-1051-2024-1-171-183

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ISSN 2073-1051 (Print)