INERTIA OF THE FINANCIAL MECHANISM OF LARGE ORGANIZATIONS: THE REGIONAL ASPECT OF STATE SUPPORT
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Author(s): | Chirskaya M. A., |
| Number of journal: | 3(76) | Date: | September 2026 |
| Annotation: | This study examines the specifics of the financial mechanism of large organizations from both theoretical and practical perspectives, considering current market trends as of 2026 and the importance of the comprehensive development of corporate finance. To this end, the work explores the fundamental nature of the financial mechanism concept, identifying its institutional, procedural, and instrumental components, and substantiates the significance of financial relations as a foundational, system-forming factor in the functioning of the financial mechanism within large organizations. An analysis of statistical data regarding profit trends among organizations in the Rostov Region has made it possible to identify the factor of inertia as a parameter of the financial mechanism of large enterprises, such as Rostselmash Combine Plant LLC, that significantly curtailed their production and sales programs during 2025. Unlike small organizations, whose financial mechanisms are highly adaptable due to direct interaction with the consumer segment and simplified relationships with financial institutions, large organizations rely on financing and investment systems that are heavily dependent on financial relationships susceptible to significant external influences, including geopolitical factors. Even when employing advanced tools within their financial mechanisms aligned with the digital trends of the economic landscape, most large organizations struggle to rapidly balance their financing and investment systems. This is due to their heavy reliance on financial sector indicators (such as the Central Bank of Russia’s refinancing rate) and consumer purchasing power, a situation that has necessitated active state support from regional authorities, including those in the Rostov Region. The article demonstrates how the toolkit for such support enabled the organization to significantly improve its operational performance in 2026 and, despite the inherent inertia of the financial mechanism, lay the groundwork for subsequent sustainable growth benefiting the entire domestic industrial sector. | ||
| Keywords: | financial system, corporate finance, financial mechanism, regional economy, investment, financing, adaptability, inertia, state policy, sustainable growth |
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| For citation: | Chirskaya M. A. Inertia of the financial mechanism of large organizations: the regional aspect of state support. Biznes. Obrazovanie. Pravo = Business. Education. Law. 2026;3(76):115—123. DOI: 10.25683/VOLBI.2026.76.1699. |
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