Growth of Russian companies' investment activity: Assessment of financial conditions and prospects

The article presents the results of a study of the growth of investment activity of Russian companies from the perspective of achieving the national development goals of Russia until 2030 with a view to 2036. The relevance of the study is obvious, since the rate of development of the Russian economy, the turnover of corporate assets and the financial opportunities for strategic growth depend on the level of investment. The purpose of the article is to develop recommendations for ensuring the growth of investment activity based on the theory of investing funds and analyzing current investment activity in Russia, identifying problems and determining factors. The subject of the study is the financial relations that arise in the process of implementing investment activities that determine the growth/decline in investment activity of corporations. The research used such general scientific methods as synthesis and analysis, identification of cause-effect relationships, traditional methods of scientific knowledge - scientific abstraction, induction and deduction, generalization. Graphical and tabular methods are used to present analytical materials. The research is structured from the general to the particular, using a systematic approach and logical presentation of the material, when the theoretical design of the article involves the systematization of knowledge about investment activity, investment activity, from the perspective of their role in the investment cycle and corporate asset turnover. Based on the theory, potential problem areas are identified during the investment analysis using a representative empirical base from sources such as Rosstat, the Center for Macroeconomic Analysis and Short-Term Forecasting, and the Bank of Russia. As a result, there is a need to develop recommendations for achieving the vector (numerical) component of solving the problem of investment activity growth within the framework of achieving the national goals of the Russian Federation. The results of the study are related to the implementation of a paradigmatic analysis. This approach allows us to identify the cyclical nature of investment activity, on this basis, the framework conditions for the growth of investment activity are identified: the formation of a favorable investment climate not only at the macro level, but also at the company level (examination of investment projects at the stage of creation, subsequent revision of implementation, universalization of the procedure for their development), financial support for industries that create a multiplier effect in the economy. The analytical framework aggregated in the article forms a platform for developing a number of practice-oriented recommendations at both the macro and micro levels. The study provides recommendations that focus on the universalization of the rules for the development of investment projects, improving the investment climate. The author declares no conflicts of interests.

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