Factors promoting formation of financial results and features of distribution policy of Russian chemical industry corporations

In the current conditions of market economy, large corporations play an important role in the development of local communities and realization of signifi cant socially oriented initiatives. Following ESG principles for large businesses is becoming a modern trend designed to improve the image of companies in various corporate social responsibility ratings, and contributes to understanding the direct role of large corporations in achieving economic and social development goals. The research results indicate an increase in the average annual revenue of mineral fertilizer producers from 2.2 to 4 times due to the simultaneous increase in the cost of mineral fertilizers, as well as the fall in the ruble exchange rate. The average production cost varied from 49.4 to 58.9% and tended to decrease. Analysis of the distribution policy of the companies for 2008-2022 shows an increase in dividend payments: at PJSC PhosAgro - 5.8 times to 59.8 billion rubles; at Acron -3.4 times to 10.5 billion rubles; at Dorogobuzh - 32.2 times to 11.9 billion rubles. The average share of dividends in the companies’ net profi t grew and ranged from 8.8% to 166.2%. It is also worth noting PhosAgro’s leadership in corporate philanthropy: over 2008-2022, the holding company spent 31.9 billion rubles, or 5.15% of net profi t, on social investments. Acron (12 billion rubles) and Dorogobuzh (0.7 billion rubles) spent signifi cantly less and accounted for 3.81% and 0.82% of net profi t, respectively. The novelty of the study lies in determining the features of distribution policy of corporations producing mineral fertilizers during the period from the global fi nancial crisis to the beginning of the special military operation and the subsequent sanctions pressure on Russia. The research results may be useful for participants of the educational process, authorities, and all persons interested in the distribution policy of corporations.