Financial Stability as Key Driver of Digital Transformation in Russian Agribusiness

Abstract

Introduction. Russian agribusiness enterprises are actively implementing digital technologies while facing the transformation of economic ties and the need to maintain competitiveness. Financial stability of companies presents a key factor for successful digital transformation, requiring special attention when assessing transformation risks. 
Aim. To examine the relationship between financial stability and the effectiveness of digital transformation processes in agribusiness enterprises. 
Materials and methods. The study utilized accounting data (forms 1, 2, 3) from 40 agribusiness enterprises in Stavropol Krai, selected through ranking and screening methods with normal distribution of key indicators. Correlation analysis was conducted using Spearman's rank correlation and Wilcoxon test in Statistica 10.0 to examine the relationship between financial stability and digital transformation. 
Results. The study presents a theoretical analysis of financial stability and digital transformation phenomena in agribusiness. A direct correlation was identified: financially stable enterprises prefer combined approaches, while less stable ones chose gradual improvement, with business process reengineering being selectively applied due to high risks. 
Conclusions. The research demonstrates that financial stability significantly influences the choice of digital transformation methods in agribusiness, determining risk levels and the potential for successful implementation of innovative changes.

To cite: Efendiev I.A. Financial Stability as Key Driver of Digital Transformation in Russian Agribusiness. Research in Economic and Financial Problems. 2025;2:5. https://doi.org/10.31279/2782-6414-2025-2-5