The impact of language practice on the financial performance of companies

Victor Vilenovich Govdya; Irina Gennadievna Ershova; Maryam Alaudinovna Ortskhanova; Lorina Olegovna Aslanova; Magomed Movsurovich Musaev

doi:10.29051/el.v7iesp.8.16382

Authors

Victor Vilenovich Govdya Kuban State Agrarian University named after I.T. Trubilin https://orcid.org/0000-0002-5408-4874
Irina Gennadievna Ershova Southwest State University https://orcid.org/0000-0002-0675-0764
Maryam Alaudinovna Ortskhanova Ingush State University https://orcid.org/0000-0003-3130-3349
Lorina Olegovna Aslanova Kabardino-Balkarian State University named after H.M. Berbekov https://orcid.org/0000-0001-6702-4451
Magomed Movsurovich Musaev Federal State Budgetary Educational Institution of Higher Education Chechen State University https://orcid.org/0000-0002-9671-5064

DOI:

https://doi.org/10.29051/el.v7iesp.8.16382

Keywords:

Financial condition, Language use, Mathematical extrapolation, Modelling, Language analysis

Abstract

This study attempts to investigate the correlation between financial performance and language use. Financial stability is one of the key characteristics of its financial condition representing the most capacious and concentrated indicator reflecting the structure of the sources on forming the organization's assets. The modelling of economic conditions allows objectively and comprehensively identifying possible options for further development of an enterprise to make effective management decisions in financial policy. The study's theoretical and methodological foundation is the scientific works by domestic and foreign academic experts in language analysis, economic analysis, financial analysis, and statistics. Based on the results obtained, our large-scale study proves the impact of language practice on organization-level financial performance and expands research on language in multinationals from intra-firm to inter-firm relationships.

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Author Biographies

Victor Vilenovich Govdya, Kuban State Agrarian University named after I.T. Trubilin

Doctor of Economics, Department of Accounting, Federal State Budgetary Educational Institution of Higher Education

Irina Gennadievna Ershova, Southwest State University

Doctor of Economics, Department of Finance and Credit, Federal State Budgetary Educational Institution of Higher Education

Maryam Alaudinovna Ortskhanova, Ingush State University

Candidate of economic sciences, Department of Economics, Federal State Budgetary Educational Institution of Higher Education

Lorina Olegovna Aslanova, Kabardino-Balkarian State University named after H.M. Berbekov

Candidate of economic sciences, Department of Economics and Finance, Federal State Budgetary Educational Institution of Higher Education

Magomed Movsurovich Musaev, Federal State Budgetary Educational Institution of Higher Education Chechen State University

Candidate of economic sciences, Department of Economics and Economic Security of Industries and Enterprises

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