UDC 316.35
DOI: 10.51409/v.a.2022.06.02.005
Authors
V. V. Filatov,
Kosygin Russian State University
(Technology. Design. Art),
Moscow, Russia
M. V. Tokareva,
Russian University of Transport (MIIT),
Moscow, Russia
B. P. Nechaev,
FGBOU VO «Moscow State University of
Food Production», Moscow, Russia
A. E. Mikhailova,
St. Petersburg State Forestry Engineering
University named after S.M. Kirov,
Saint Petersburg, Russia
Abstract
Relevance. From the point of view of the owners, the most important assessment of the effectiveness of investment
is the presence of profit on invested capital. At the end of the analyzed period - for 2020 - the return on equity remained at
zero. It is necessary to take measures to increase this indicator, since maintaining it at the same level can lead to a loss of
investment attractiveness of the organization. The highest return on equity is 0,012 rubles. was observed for 2019. During
the analyzed period, a decrease in these indicators indicates a significant decrease in the investment attractiveness of the
company due to a drop in the efficiency of working with borrowed funds. JSC «Russian Railways» refers to corporations
that currently have the ability to fulfill obligations, but due to a number of negative trends in activities, it may periodically
have a weakened ability to fulfill obligations. Cash inflows are subject to significant fluctuations. Studies have shown that
there is no large gap, or that the existing gap is caused by a discrepancy between the company’s results and market
expectations.
An analysis of the corporate materials of the Russian Railways company allows us to note the shortcomings of
the current professional development programs: the factors motivating the development of personnel have not been
determined; employees are not sufficiently informed about existing programs; staff satisfaction with the results of training
programs is not monitored; additional training is provided only to a small part of Russian Railways employees.
Purpose. This article provides a transactional analysis of the three main categories of corporate governance of
Russian Railways: property, investment, management.
Conclusion. The specifics of the personnel management system at Russian Railways is associated with the presence
of qualified personnel and a developed management system in the company that ensures the sustainable development
of the economy, ecology and the social sphere. The personnel policy is aimed at ensuring the prestige of professions in
railway transport by increasing competitiveness, increasing wages in comparison with other sectors of the economy and
creating motivational mechanisms for providing highly qualified personnel.
Keywords
management analysis, principles of corporate governance, JSC «Russian Railways».
