ANALYSIS OF THE PARTICIPATION OF DOMESTIC COMPANIES IN THE DEVELOPMENT OF THE RUSSIAN FINANCIAL MARKET

DOI: 10.36871/ek.up.p.r.2021.02.02.004
UDC 336.76

Authors

M. D. FUFAEV,
Student of the Faculty of Finance, Financial University under the Government of Russia, Moscow, Russia
M. N. ERMAKOVA,
Candidate of Economic Sciences, Associate Professor of the Audit and Corporate Reporting Department, Financial University under the Government of Russia, Moscow, Russia

Abstract

The article is devoted to the study of the reasons for the insufficient development of the financial market in Russia, as well as possible ways to increase its capacity. Using the example of Russian retail organizations, it is shown that companies have a sufficient amount of financial resources to invest free funds in the Russian financial market. It is necessary to motivate domestic organizations, to increase their interest and the availa-bility of transactions with financial instruments.

Keywords

financial market, EBITDA, free cash flow, FCFF, activity financing model.