METHOD OF ASSESSMENT OF FINANCIAL SECURITY POTENTIAL OF ENTERPRISES OF THE AGRICULTURAL COMPLEX
Journal Title: Міжнародний науковий журнал "Інтернаука". Серія: "Економічні науки" - Year 2018, Vol 1, Issue 3
Abstract
The achievement of economic, first of all, financial security, before Ukrainian enterprises is still an unresolved problem. As evidenced by: permanent loss-making more than a third of domestic business entities; lack of own working capital, low profitability of operating activities, assets, equity of most of them; insufficient investment and innovation activity, decrease of scientific and technical potential of the country. Integration of Ukraine into the world economic space and the resulting increase in competition in commodity markets are even more relevant to the problem of its financial security. In essence, the financial security potential of an enterprise is the assets that an enterprise can accumulate and attract in the financial market. The process of financial security management of an enterprise should be based on a mechanism that represents a set of key elements of the impact on the process of developing and implementing managerial decisions to protect its financial interests. When building a general system of financial security management, its object is the financial activity of the enterprise as a whole. To organize an effective system of financial security of an enterprise, it is necessary to develop an appropriate documentation of the enterprise that will determine the internal and external threats, as well as the criteria on the basis of which the financial security of the enterprise can be recognized as violated. The need for consistent compliance with financial security is conditioned by the objectively available for each economic entity to ensure the stability of the functioning and achievement of the main objectives of its activities. The level of financial security of an enterprise depends on how effective its management will be able to avoid possible threats and eliminate the harmful effects of certain negative components of the external and internal environment. The article deals with the methods of assessing the financial security of the enterprises of the agro-industrial complex, the general requirements for the assessment of the system of indicators of financial security of enterprises. The existing methods for assessing the financial security of enterprises were analyzed, and the shortcomings of the methodology of estimation were identified. The importance of financial security potential of enterprises, potential problems, and its components are considered. The main categorical apparatus of the methodology of research of the financial security potential of enterprises of agroindustrial complex is formulated.
Authors and Affiliations
Aleksandr Khomenko
IMPACT OF CYCLICITY ON THE BANKS LENDING INNOVATIVE DEVELOPMENT IN UKRAINE
The purpose of the article is to develop recommendations for creating conditions of using banks' loans as sources of financing the needs of innovative economic development. Research methodology. The information base of t...
MODELS OF PRICING OF CLOUD SERVICES
Over the past few years, the paradigm of cloud computing has come into force and became popular in the field of information technology. Many organizations have begun to implement these cloud technologies in order to redu...
INNOVATION MANAGEMENT AT THE STAGE OF MODERNIZATION OF ECONOMY OF UKRAINE: PROBLEMS OF CORRELATION OF STATE AND MARKET FACTORS
The problems of innovation management in the economic sphere of the country, the state and market components of innovation management, the conditions of successful activity of the state and business in the modernization...
PROSPECTS OF IRANIAN INVESTMENTS IN RA
The base for Armenian-Iran economic relations was laid from the very first days of independence of the Republic of Armenia. Nevertheless, at present the Iranian investments in Armenian economy are quite small due to the...
DETERMINANTS OF REGIONAL DEVELOPMENT: BALANCE OF INTERESTS
The article deals with the problem of creating a balance of interests of subjects at all levels of the regional economy. It is proved that the key to successful regional development is the creation and maintenance of suc...