The effect of corporate consolidation on financial performance trends in Russia’s fishing sector from 2014 to 2023.
https://doi.org/10.36038/2307-3497-2025-200-182-195
EDN: RPHPRS
Abstract
Objective: Comprehensive assessment of the impact of consolidation processes on the financial performance of the Russian fisheries sector from 2014 to 2023. Materials and Methods: The analysis is based on data from the 20 largest holding companies in the fishing industry. Industry concentration was evaluated using the concentration ratio and the Herfindahl- Hirschman Index. Correlation and visual analysis were employed to examine the relationship between concentration levels and key financial indicators. Results: The findings indicate that holdings tend to perform better financially during periods of economic stability, yet exhibit increased vulnerability during times of economic turbulence. Scientific novelty: The study used a comprehensive methodology for assessing structural changes in the Russian fishing industry, combining market concentration analysis and financial performance indicators, revealing limitations of certain traditional statistical indicators and highlighting the key role of debt load management under sanctions. Practical Significance: The findings can guide regulators in refining state support programs for the industry, accounting for risks of excessive market concentration and assist enterprises in enhancing financial resilience through improved debt and operational management.
About the Author
G. S. German S. Zverev
All-Russia Association of Fisheries Enterprises, Entrepreneurs and Exporters («VARPE»)
Russian Federation
Russian Federation
23/10 building 5, Petrovka st., Moscow, 107031
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Review
For citations:
German S. Zverev G.S. The effect of corporate consolidation on financial performance trends in Russia’s fishing sector from 2014 to 2023. Trudy VNIRO. 2025;200:182-195. (In Russ.) https://doi.org/10.36038/2307-3497-2025-200-182-195. EDN: RPHPRS
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