BALANCE OF INDICATORS OF ECONOMIC ACTIVITY OF STATEOWNED ENTERPRISES IN NON-FINANCIAL REPORTING
Abstract
The purpose of the article is to substantiate scientific basis for formation of a system of balanced indicators of economic activity of state-owned enterprises in non-financial reporting. In order to achieve this goal, the task is to identify and generalize tools for forming a system of balanced indicators to reflect them in non-financial reports of stateowned enterprises. The basis of the research is a systematic approach to the knowledge of the formation of a system of balanced indicators of state-owned enterprises, as well as methods of logical generalization and comparison, synthesis and generalization, abstract and logical. It has been determined that information asymmetry arises in all spheres of economic activity and leads to inefficient decisions. Therefore, it is recommended to counteract asymmetry of economic information in state-owned enterprises through the optimal structure of sections of non-financial reporting. On this basis, it is advisable to formulate and report on informative balanced indicators. The model of general concept of corporate social responsibility management of state-owned enterprises has been proposed, which contains indicators of economic activity, which should be presented in non-financial statements to evaluate level of functional and strategic directions. This will make it possible to predict possibility of sectoral clustering on a separate basis. Balanced indicators (measuring and evaluating the effectiveness of activities by essential aspects) were reconciled in the context of their projections with sections of non-financial reports according to GRI standard. This will allow in such reports to display information about different areas of the business. Emphasis has been placed on conditions that state-owned enterprises should follow when building balanced indicators. The practical value of article is to provide guidance on need to reconcile balanced indicators with disclosed information. The scientific value lies in substantiation of the concept of forming an optimal system of balanced indicators and their harmonization in sections of non-financial reports of state-owned enterprises.
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