Title: Diagnostics of the financial and economic situation of the power industry companies amidst the COVID-19 crisis

Authors: Lubov I. Vanchukhina; Tatyana B. Leybert; Elvira A. Khalikova; Yuliya R. Rudneva; Olga G. Kantor

Addresses: Department of Chair Corporate Finance and Accounting Technologies, Ufa State Petroleum Technological University, 450000, Ufa, Russia ' Institute of Oil and Gas Business, Ufa State Petroleum Technological University, 450000, Ufa, Russia ' Department of Corporate Finance and Accounting Technologies, Ufa State Petroleum Technological University, 450000, Ufa, Russia ' Department of Corporate Finance and Accounting Technologies, Ufa State Petroleum Technological University, 450000, Ufa, Russia ' Department of Corporate Finance and Accounting Technologies, Ufa State Petroleum Technological University, 450000, Ufa, Russia

Abstract: In the modern world, there is a general transformation of the branches of the world economy, mediated by the influence of scientific, technical, and socio-economic progress, covering all spheres of activity. The crisis phenomena of the XX-XXI centuries, including the 2020 pandemic, caused the formation and enhancement of the viral threat, which resulted the financial and economic distancing, destabilisation, and imbalance in various sectors of the world economy. The purpose of this paper is to analyse the diagnostics of the financial and economic situation of the electric power industry in the context of the current crisis phenomenon caused by the global COVID-19 pandemic, using the example of large world and Russian power generating companies: PJSC RusHydro (Russia), Hydro-Québec (Canada), and Eletrobras (Brazil).

Keywords: energy industry; energy companies; financial crisis; financial and economic situation; financial indicators; virus threat; pandemic; COVID-19.

DOI: 10.1504/IJTGM.2023.135618

International Journal of Trade and Global Markets, 2023 Vol.18 No.2/3, pp.170 - 183

Received: 21 Dec 2020
Accepted: 17 Apr 2021
Published online: 19 Dec 2023 *

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