支持可持续发展目标作为俄罗斯负责任大学财务风险管理的新方法

IF 2 Q2 BUSINESS, FINANCE Risks Pub Date : 2024-06-20 DOI:10.3390/risks12060101
Zhanna V. Gornostaeva, Larisa V. Shabaltina, Igor V. Denisov, Aleksandra A. Musatkina, Nikolai G. Sinyavskiy
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引用次数: 0

摘要

本文旨在揭示支持可持续发展目标(SDGs)对俄罗斯责任大学财务风险的影响。本文填补了有关俄罗斯责任大学支持可持续发展目标对其财务风险的未知影响的文献空白。根据 2023 年俄罗斯责任感最强的前 30 所大学的经验,我们使用回归分析法建立了一个财务风险管理模型。该模型用数学方法描述了俄罗斯责任大学财务风险管理的因果关系。本文为俄罗斯负责任大学的财务风险管理提供了一种新方法。在这种方法中,由于高校对国家和私人投资者承担责任,俄罗斯高校的财务风险得以降低。新方法的一个特点是,大学资金的有效使用不是通过节约成本而是通过支持可持续发展目标来保证的。俄罗斯负责任的大学通过财务风险管理替代方法降低财务风险的潜力得到了披露。与现有方法相比,拟议的新方法有可能(在很大程度上)提高俄罗斯责任大学的总收入。主要结论是,俄罗斯高校现有的财务风险管理方法以低效率的管理措施为基础,有可能给高校带来负担。通过支持可持续发展目标,俄罗斯责任大学新开发的财务风险管理方法可以避免这种负担。其理论意义在于明确可持续发展目标的具体清单,这些目标的支持对降低高校财务风险的贡献最大--即可持续发展目标4、可持续发展目标8和可持续发展目标9。 其实践意义在于,新方法将允许在行动十年(2020-2030年)全面披露俄罗斯责任大学财务风险的潜在降低情况。其管理意义如下:通过优化对可持续发展目标的支持,提出的建议将有助于改善俄罗斯大学的财务风险管理。
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Support of the SDGs as a New Approach to Financial Risk Management in Responsible Universities in Russia
The purpose of this paper was to reveal the influence of the support of the sustainable development goals (SDGs) on the financial risks of responsible universities in Russia. This paper fills the gap in the literature that exists regarding the unknown consequences of SDGs’ support by responsible Russian universities concerning their financial risks. Based on the experience of the top 30 most responsible Russian universities in 2023, we used regression analysis to compile a model for their financial risk management. This model mathematically describes the cause-and-effect relationships of financial risk management in responsible Russian universities. This paper offers a new approach to financial risk management in responsible Russian universities. In it, financial risks to Russian universities are reduced due to universities accepting responsibility for state and private investors. A feature of the new approach is that the effective use of university funds is ensured not by cost savings but by the support of the SDGs. The potential for a reduction in financial risk in responsible universities in Russia through alternative approaches to financial risk management was disclosed. The proposed new approach can potentially raise (to a large extent) the aggregate incomes of responsible universities in Russia compared to the existing approach. The main conclusion is that the existing approach to financial risk management in Russian universities is based on low-efficiency managerial measures which risk burdening universities. This burden could be prevented with the newly developed approach to financial risk management in responsible universities in Russia through support of the SDGs. The theoretical significance lies in clarifying the specific list of the SDGs whose support makes the largest contribution to reducing financial risks for the universities—namely, SDG 4, SDG 8, and SDG 9. The practical significance is that the new approach will allow for full disclosure of the potential reduction in financial risks in responsible universities in Russia in the Decade of Action (2020–2030). The managerial significance is as follows: the proposed recommendations will allow improved financial risk management in Russian universities through optimization of the support of the SDGs.
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来源期刊
Risks
Risks Economics, Econometrics and Finance-Economics, Econometrics and Finance (miscellaneous)
CiteScore
3.80
自引率
22.70%
发文量
205
审稿时长
11 weeks
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