BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

SITE SECTIONS

Management of the Financial Sustainability of Enterprise in the Context of Provision of Economic Security in the Conditions of Strengthened Integration Processes in the Economy
Piletska S. T., Korytko T. Y., Khrapach V. O.

Piletska, Samira T., Korytko, Tetiana Yu., and Khrapach, Vladislav O. (2020) “Management of the Financial Sustainability of Enterprise in the Context of Provision of Economic Security in the Conditions of Strengthened Integration Processes in the Economy.” Business Inform 12:245–251.
https://doi.org/10.32983/2222-4459-2020-12-245-251

Section: Economics of Enterprise

Article is written in Ukrainian
Downloads/views: 5

Download article (pdf) -

UDC 336.717

Abstract:
The article is aimed at substantiating the essence of the concepts of «financial sustainability» and «strategic management of financial sustainability» in the context of providing economic security in the conditions of integration processes in the economy. The relevance of the management of financial sustainability of enterprise is proved, which is connected with the need to find new approaches to financial sustainability management in the context of providing its economic security in the conditions of strengthened integration processes. It is proposed that the financial sustainability of enterprise be understood as such state of its financial resources, when a financial balance is achieved in the long and short-term periods and which on his part, in the conditions of strengthened integration processes, results in the properties of the enterprise manifested as a system that allows to adapt to the action of destabilizing factors through flexibility and complex formation and use of financial potential and thus protects the enterprise from the influence of factors of both the external and the internal environment. It is specified that strategic management of financial sustainability can be conceived as the influence of the managing subsystem on the financial potential of the enterprise in order to implement strategic plans in the conditions of integration processes in compliance with the optimal structure of financial resources, which is achieved by flexibility and adaptability to the destabilizing factors of influence. As result of the research, it is substantiated that strategic management of financial sustainability of enterprise is a dynamic set of the interrelated management processes: information provision of the financial sustainability management; analysis of the financial sustainability of enterprise and the related factors of influence; development and forecasting of development scenarios taking into account integration processes; implementation of the strategy for achieving financial sustainability; monitoring and control of achieving the strategy goals in the dynamic development of integration processes in the economy. Prospects for further research in this direction are the development of a mechanism for management of the financial sustainability of enterprise in the context of provision of its economic security.

Keywords: management, financial sustainability, economic security, integration, development, enterprise, financial equilibrium, potential, adaptability.

Fig.: 1. Tabl.: 1. Bibl.: 21.

Piletska Samira T. – Doctor of Sciences (Economics), Professor, Professor, Department of Air Transport Economics, National Aviation University (1 Lubomyra Husara Ave., Kyiv, 03680, Ukraine)
Email: [email protected]
Korytko Tetiana Yu. – Candidate of Sciences (Economics), Associate Professor, Senior Research Fellow, Department of Problems of Enterprise Economics, Institute of Industrial Economics of NAS of Ukraine (2 Mariia Kapnist Str., Kyiv, 03057, Ukraine)
Email: [email protected]
Khrapach Vladislav O. – Masters Student, National Aviation University (1 Lubomyra Husara Ave., Kyiv, 03680, Ukraine)
Email: [email protected]

List of references in article

Arefieva, O. V., and Kopcha, Yu. Yu. “Finansove zabezpechennia potentsialu ekonomichnoi bezpeky pidpryiemstva“ [Financial Support of the Potential of Economic Security of the Enterprise]. In Adaptatsiino-intehratsiini mekhanizmy upravlinnia innovatsiinymy protsesamy v ekonomitsi, 243-251. Kharkiv: Vydavnytstvo Ivanchenka I. S., 2019.
Bazilinska, O. Ya. Finansovyi analiz teoriia ta praktyka [Financial Analysis Theory and Practice]. Kyiv: Tsentr navchalnoi literatury, 2009.
Belialov, T. E., and Oliinyk, A. V. “Finansova stiikist pidpryiemstva ta shliakhy yii zmitsnennia“ [Enterprise Financial Stability and Ways of Strengthening Its]. Internauka, vol. 2, no. 12 (2016): 22-26.
Butynets, F. F., Zhyhlei, I. V., and Parkhomenko, V. M. Oblik i analiz zovnishnyoekonomichnoi diialnosti [Accounting and Analysis of Foreign Economic Activity]. Zhytomyr: Ruta, 2002.
Zolkover, A. O., and Humeniuk, A. O. “Metody zabezpechennia finansovoi stiikosti komertsiinykh bankiv“ [Methods of Ensuring the Financial Stability of Commercial Banks]. Mezhdunarodnyi nauchnyi zhurnal, no. 2 (2015): 32-35.
Izmailova, K. V. Finansovyi analiz [Financial Analysis]. Kyiv: MAUP, 2001.
Kovalev, V. V. Finansovyy analiz: metody i protsedury [Financial Analysis: Methods and Procedures]. Moscow: Finansy i statistika, 2002.
Lakhtionova, L. A. Finansovyi analiz subiektiv hospodariuvannia [Financial Analysis of Business Entities]. Kyiv: KNEU, 2001.
Kozlova, O. S. “Mekhanizm zabezpechennia finansovoi stiikosti v umovakh rynkovoi nestabilnosti“ [The Mechanism of Ensuring Financial Stability in Conditions of Market Instability]. Stratehii innovatsiinoho rozvytku ekonomiky Ukrainy. 2017. http://www.economy-confer.com.ua/full-article/2456/
Mnykh, Ye. V. Ekonomichnyi analiz [Economic Analysis]. Kyiv: Tsentr navchalnoi literatury, 2003.
Miahkykh, I. M. “Metodychnyi pidkhid do analizu ta otsinky debitorskoi ta kredytorskoi zaborhovanosti yak skladovykh upravlinnia finansovoi stiikosti aviakompanii Ukrainy“ [Methodical Approach to the Analysis and Assessment of Receivables and Payables as Components of the Management of Financial Stability of Airlines of Ukraine]. Stalyi rozvytok ekonomiky, no. 4 (2013): 255-262.
Piletska, S. T., and Korytko, T. Yu. “Efektyvnist upravlinnia pidpryiemstvom, pidkhody ta metody shchodo yii otsinky problemy systemnoho pidkhodu v ekonomitsi“ [The Effectiveness of Enterprise Management, Approaches and Methods for its Assessment of the Problem of a Systemic Approach in the Economy]. Problemy systemnoho pidkhodu v ekonomitsi, vol. 2, no. 5 (2018): 100-106. DOI: https://doi.org/10.32782/2520-2200/2018-5-17
Posylkina, O. V., and Tolochko, V. M. Finansova diialnist khimiko-farmatsevtychnykh pidpryiemstv [Financial Activity of Chemical and Pharmaceutical Enterprises]. Kharkiv: Zoloti storinky, 2001.
Rusak, N. A., and Rusak, V. A. Finansovyy analiz subekta khozyaystvovaniya : spravoch. posobie [Financial Analysis of a Business Entity: A Reference Guide]. Minsk: Vysh. shk., 1997.
Savytska, H. V. Ekonomichnyi analiz diialnosti pidpryiemstva [Economic Analysis of the Enterprise]. Kyiv: Znannia, 2007.
Sapelnikova, N. L., and Vozniuk, Ya. S. “Sutnist stratehichnoho upravlinnia“ [The Essence of Strategic Management]. Menedzher, no. 3 (2016): 52-59.
Sovetskiy entsiklopedicheskiy slovar [Soviet Encyclopedic Dictionary]. Moscow: Sovetskaya entsiklopediya, 1984.
Starostenko, H. H., and Mirko, N. V. Finansovyi analiz [Financial Analysis]. Kyiv: Tsentr navchalnoi literatury, 2006.
Tkachenko, I. P., Chuvachalova, I. A., and Chuvachalov, O. A. “Otsinka finansovoi stiikosti pidpryiemstva ta napriamy yii zabezpechennia“ [Assessment of Financial Stability of the Enterprise and Directions of Its Maintenance]. Efektyvna ekonomika. 2012. http://www.economy.nayka.com.ua/?op=1&z=988
Fakhtudinov, R. A. Konkurentosposobnost: ekonomika, strategiia, upravlenie [Competitiveness: Economics, Strategy, Management]. Moscow: INFRA-M, 2000.
Tsal-Tsalko, Yu. S. Finansovyi analiz [Financial Analysis]. Kyiv: Tsentr navchalnoi literatury, 2008.

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster