Evaluation of Efficiency of the Financial Resources Management in Retail Trade Enterprises in Ukraine

Journal Title: Проблеми економіки - Year 2014, Vol 2014, Issue 3

Abstract

The purpose of this paper is the implementation of a comprehensive evaluation of the effectiveness of financial management in retail through a systematic approach that provides a holistic view of the level of effectiveness of such control in the process of movement and transformation of financial resources at the stages of formation, distribution, reproduction and use; on operational, tactical and strategic levels of management of the company with the help of a reasonable system of economic indicators. The analysis of the effectiveness of financial resources for the enterprises of Ukraine was conducted; the main economic activity is the wholesale and retail trade, repair of motor vehicles and motorcycles for the 2008 - 2012 years period; as well as on the basis of the generated and surveyed selective sum-total of retail food trade. The influence of factors on the levels of local performance indicators (profitability, turnover) in a selective sum-total of commercial enterprises to target groups in the study of the relationship between the stochastic and productive factor variables using regression analysis was found. The criteria was defined and the system of indices of the developed methodological tools of the complex integral evaluation of the effectiveness of financial management in the retail outlets at different stages of the movement and transformation of financial resources, taking into account the hierarchical levels of the organizational structure of the enterprise management: operational, tactical and strategic.

Authors and Affiliations

Oksana Bliznuk, Anastasiya Goprynchenko

Keywords

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  • EP ID EP116409
  • DOI -
  • Views 89
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How To Cite

Oksana Bliznuk, Anastasiya Goprynchenko (2014). Evaluation of Efficiency of the Financial Resources Management in Retail Trade Enterprises in Ukraine. Проблеми економіки, 2014(3), 208-219. https://europub.co.uk/articles/-A-116409