ANALYTICAL REVIEW OF FINANCIAL STABILITY OF THE ENTERPRISE
Journal Title: Економічний часопис Східноєвропейського національного університету імені Лесі Українки - Year 2018, Vol 3, Issue
Abstract
The article analyzes the basic principles of financial sustainability of the enterprise. The basic methodical approaches to management of financial stability of the enterprise are determined, an overview of theoretical approaches to the definition of «financial reporting» is made, a new theoretical support of financial stability of the enterprise is summarized. Improved directions for increasing the company’s potential sustainability based on manipulating the rate of change in the indicators of available assets, their individual elements and effective economic characteristics. During the study of the systematic evaluation of financial stability, analytical indicators of the coefficient of financial autonomy or independence were proposed, organizational measures were developed for managing financial sustainability of production enterprises, the main elements of the financial policy of industrial enterprises were identified by analytical direction in order to increase the financial and economic stability of enterprises. In market conditions, financial stability serves as a pledge of survival and the basis of a stable state of the enterprise. Financial stability characterizes the state of financial resources, in which the enterprise, freely disposing of funds, can by means of their effective use ensure an uninterrupted process of production and sale of products, as well as cover the costs of expanding and updating production. The organization and management of financial sustainability is an essential aspect of the financial and economic service of the enterprise and includes a number of organizational measures that cover planning, operational management, and the creation of a flexible organizational structure for managing the entire enterprise and its divisions. Determining the boundaries of financial sustainability of enterprises refers to the most important economic problems in the market relations, as insufficient financial stability can lead to the lack of funds for enterprises to develop production, their insolvency and, eventually, to bankruptcy, and «excessive» stability will hinder development, burdening the enterprise with unnecessary stocks and reserves. The purpose of this article is to analyze and develop measures to improve the financial sustainability of enterprises. In order to achieve the intended purpose in the article the following tasks are set: to investigate the essence of financial stability of the enterprise; to study the methodology of assessing financial sustainability of the enterprise; to analyze methods of managing financial stability; to analyze the financial sustainability of enterprises; to develop organizational measures for managing financial sustainability at production enterprises.
Authors and Affiliations
Olena Strishenez
Keywords
Related Articles
- EP ID EP410401
- DOI 10.29038/2411-4014-2018-03-58-65
- Views 140
- Downloads 0
Interdependence of the Effectiveness of the Enterprise and the Level of Trust in the Employee
Coming out of the global financial crisis, businesses have fallen into a deeper one – a crisis of confidence. Trust and economic progress are closely interconnected, the more we trust each other, the better we can work t...
The Theoretical-methodological Principles of Innovations Analysis
The task and purpose of scientific research: to form a holistic systemic view of this direction of analytical activity, to assess the current state of its development, and to determine the directions of further scientifi...
MANAGEMENT STRATEGIC FINANCIAL-INVESTMENT SUSTAINABILITY OF THE ENTERPRISE BASIS ON THE FORMATION OF THE MARKETING MECHANISM OF BEHAVIOR CONSUMERS
In article is researched fundamental components of management strategic financial-investment sustainability of the enterprise. The analyzed theoretical approaches to the definition of the strategic sustainability of the...
Social-economic Responsibility Companies by use of Natural Resources
The article examines the formal definition of the social and economic responsibility, which implies the duty of management to make decisions and take actions that improve the use of natural resources and the interests of...
Features of the Organizational Construction of System of Management of Sanatorium-Resort Institution
In this scientific article basing on the system analysis and the logical and structural framework are generalized the peculiarities of the organizational construction of system of management of sanatorium-resort institut...