Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)


Analysis of Influence of Digital Technologies on Financial Sustainability of Russian Companies

Author(s): Svetlana Vasilievna Zemlyak, Galina Alekseevna Khromenkova, Galina Zinullaevna Tishchenkova

This article covers the issues of financial sustainability of an enterprise in the modern economy transforming under the influence of digital technologies. The authors study the types and defining characteristics of financial sustainability of an enterprise. The authors raise the issue of studying the relationship between financial sustainability, digitalization and sustainable business development using the example of Russian companies. Particular attention is paid to identifying and managing risks that pose a threat to financial and economic activities of an enterprise. The prospects are outlined for the use of artificial intelligence technologies in diagnosing the state of an enterprise and the Big Data technology in modeling its development. The concept of multi-loop sustainability control is proposed which uses the Big Data technology and contains two groups of control loops. The authors believe that the tasks of further research shall be the study of digital twins and digital logistics networks in the context of financial sustainability of enterprises.

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