USING THE METHODOLOGY OF FINANCIAL ANALYSIS OF FIRMS TO ASSESS THE COMPETITIVENESS OF THE INDUSTRY

Abstract

In this article an attempt is made, using the classification of the main five groups of financial ratios (for the analysis of financial and economic activity of firms), to offer a method of calculating competitiveness in the industry, choosing for each group of coefficients such management and economic indicators, which (according to the author) will be able to more effectively analyse the state of the industry (from the standpoint of its competitiveness) compared to the current methodology of assessment of competition in the industry based on Federal law № 135-FZ «On protection of competition» in Russia. The basic hypothesis that needs to be confirmed (or refuted) by the author is the possibility to use a universal methodology based on the methods of financial analysis of firms (removing the indicators of individual evaluation and adding statistical indicators of the development of industries) to assess the state of industries.