Article ID Journal Published Year Pages File Type
1113396 Procedia - Social and Behavioral Sciences 2014 8 Pages PDF
Abstract

In the context of international economics globalization and market relations participation of an enterprise in a cluster appears to be one of the main components in forming a favorable investment climate in a region. Within the frames of the cluster a pattern of corporate management formation entails less transaction expenses what makes possible to improve index of effectiveness for of a business organization participating thereof. At drawing upstream integration within the confines of petrochemical cluster in the Republic of Tatarstan the author carried out the analysis of financing and operating activities for such enterprises as OJSC «Nizhnekamskneftekhim», OJSC «Kazanorgsythez» incorporated by investment company OJSC «TAIF ». The membership in the cluster made possible for the above enterprises to maximize potential for growth reflecting the main performance ratios: net profit margin, asset turnover, financial leverage multiplier, sustainable growth rate, return of equity, actual growth rate of sales volume and strategic spread.

Related Topics
Social Sciences and Humanities Arts and Humanities Arts and Humanities (General)