Clustering in the management of financial potential at Ukrainian enterprises

Abstract

The subject of the study is the theoretical and methodological basis of the process of clusterization in the management of financial potential at Ukrainian enterprises. The purpose of the study is to analyze the process of clustering in the management of financial potential at Ukrainian enterprises and their subsequent impact on the regions of the country. Methods of research. When writing the article, general scientific and special methods of research of economic phenomena concerning the process of clusterization in the management of financial potential at Ukrainian enterprises were used. Results of the work. The article states that effective interaction, diagnostics, regulation and control will be provided as a positive effect of the clusterization process in managing the financial potential of the enterprises, which will enable to predict the specific nature of financial stability of the enterprise and will increase the overall efficiency of management of financial potential at the regional level. . It is established that one of the important elements, as features of the process of clusterization in the management of financial potential at the level of the region is its constant increase, decentralization of managerial powers, self–improvement and constant development. It is proved that the cluster builds the foundations for the development of business and financial activity of enterprises in the region, as clusterization enhances the effect of 7K (concentration, coordination, competition, cooperation, competence, communication and competitiveness). Application of results. Economic sector: regional economy, macroeconomics, enterprise management, cluster management. Conclusions. A cluster approach in managing financial potential in the Ukrainian economy can become the main engine for development for Ukrainian regions, since this approach can provide a synergy effect. Thus, the management of financial potential through clustering has the following advantages: the management of enterprise finances in a cluster automatically goes to a higher win–win situation than enterprises – single; Investors, lenders, stejholders are more actively involved; the possibility of lending increases; the generation of ideas between cluster participants in financial potential solutions is intensified; the innovative direction in the achievement of maximum effect and profit is growing; created societal capital that provides a balance of market efficiency and social harmony.

Authors and Affiliations

P. V. PUZYROVA

Keywords

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  • EP ID EP587075
  • DOI 10.5281/zenodo.2678037
  • Views 114
  • Downloads 0

How To Cite

P. V. PUZYROVA (2019). Clustering in the management of financial potential at Ukrainian enterprises. Формування ринкових відносин в Україні. Збірник наукових праць, 3(3), 70-76. https://europub.co.uk/articles/-A-587075