Improving investment attractiveness of consumer cooperatives in the Republic of Mordovia

The study reveals the main activities of the Mordovian Republican Union of Consumer Societies and the specific features of their income. The author’s interpretation of the concept of investment attractiveness is given. The paper investigates the market share of consumer cooperatives in the Republic of Mordovia and evaluates their sales profitability ratio. The ratios of solvency and liquid cash flow are calculated. The principles of improving the financial policy of the research object are substantiated. The research reveals a negative trend in terms of business activity indicators, namely, a decrease in profitability indicators and a slowdown in the turnover of assets and capital of consumer cooperatives. The authors determine that the financial situation has deteriorated. It is necessary to develop measures for its improvement. The study defines the financial and economic measures that contribute to recovering the financial sector, strengthening solvency and improving the investment attractiveness of consumer cooperatives.