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

The Financial Sustainability of Consumer Cooperation Enterprises of Ukraine in the System of Management of its Financial Resources
Сhuy I. R., Andreikiv T. Y., Mutyan I. Y.

Сhuy, Iryna R., Andreikiv, Tetyana Ya., and Mutyan, Ivanna Ye. (2021) “The Financial Sustainability of Consumer Cooperation Enterprises of Ukraine in the System of Management of its Financial Resources.” Business Inform 3:162–170.
https://doi.org/10.32983/2222-4459-2021-3-162-170

Section: Finance, Money Circulation and Credit

Article is written in Ukrainian
Downloads/views: 3

Download article (pdf) -

UDC 658.15 (477)

Abstract:
The article is aimed at examining the essence of financial sustainability and financial reliability of consumer cooperation enterprises in Ukraine. The structure, sources of formation, directions of use and efficiency of use of financial resources in consumer cooperation are considered. To study the coefficients of financial sustainability, the division of capital by sources of formation and terms of use is provided. To assess long-term financial sustainability, the following indicators are proposed: working capital level; coefficients of financial independence, long-term financial independence, provision of own circulating capital; level of financial reliability. In the process of analyzing the capital structure of Ukrainian enterprises in general and consumer cooperation in particular, is identified: higher financial sustainability of enterprises and organizations of consumer cooperation; lower dependence on short-term loans and other funds attracted for the short term; higher level of working capital and profitability of activities, despite the financial and economic crisis of 2014-2015. Prospects for further research in this direction are to determine the levels and indicators of financial equilibrium of enterprises, in particular, the balance of positive and negative cash flows by volume, and the optimal combination of the levels of both profitability and risk.

Keywords: financial sustainability, long-term financial sustainability, financial reliability, financial resources of consumer cooperation enterprises, financial resources management, equity, fixed capital.

Fig.: 4. Tabl.: 2. Bibl.: 16.

Сhuy Iryna R. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Credit and Insurance, Lviv University of Trade and Economics (10 Tuhan-Baranovskoho Str., Lviv, 79005, Ukraine)
Email: [email protected]
Andreikiv Tetyana Ya. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Credit and Insurance, Lviv University of Trade and Economics (10 Tuhan-Baranovskoho Str., Lviv, 79005, Ukraine)
Email: [email protected]
Mutyan Ivanna Ye. – Student, Lviv University of Trade and Economics (10 Tuhan-Baranovskoho Str., Lviv, 79005, Ukraine)
Email: [email protected]

List of references in article

Babenko, S. H. et al. Osnovy kooperatsii [Basics of Cooperation]. Kyiv: Znannia, 2004.
Bila, O. H. et al. Finansy pidpryiemstv i orhanizatsii spozhyvchoi kooperatsii [Finance of Enterprises and Organization of Co-operation]. Kyiv: NMTs Ukooposvita, 1999.
Kutsenko, A. V. Orhanizatsiino-ekonomichnyi mekhanizm upravlinnia efektyvnistiu diialnosti pidpryiemstv spozhyvchoi kooperatsii Ukrainy [Organizational and Economic Mechanism for Managing the Efficiency of Consumer Cooperatives in Ukraine]. Poltava: RVV PUSKU, 2008.
Skliar, H. P., and Pedyk, O. O. “Mekhanizm zabezpechennia finansovoi stiikosti pidpryiemstv spozhyvchoi kooperatsii ta yoho udoskonalennia v umovakh perekhidnoi ekonomiky“ [The Mechanism of Ensuring the Financial Stability of Consumer Cooperatives and Its Improvement in a Transition Economy]. Naukovyi Visnyk Poltavskoho universytetu spozhyvchoi kooperatsii Ukrainy. Seriia «Ekonomichni nauky», no. 3 (2010): 83-88.
Osadchuk, Yu. M. “Orhanizatsiino-ekonomichnyi mekhanizm formuvannia systemy finansovoho zabezpechennia rozvytku spozhyvchoi kooperatsii“ [Organizational and Economic Mechanism of Forming a System of Financial Support for the Development of Consumer Cooperation]: dys. … kand. ekon. nauk : 08.00.03, 2016.
Berdar, M. M. “Upravlinnia protsesom formuvannia i vykorystannia finansovykh resursiv pidpryiemstva na osnovi lohistychnoho pidkhodu“ [Management of the Process of Formation and Use of Financial Resources of the Enterprise on the Basis of the Logistic Approach]. Aktualni problemy ekonomiky, no. 5 (2008): 133-138.
Vankovych, D. V. “Udoskonalennia mekhanizmu reorhanizatsii upravlinnia finansovymy resursamy pidpryiemstv“ [Improving the Mechanism of Reorganization of Financial Resources Management of Enterprises]. Finansy Ukrainy, no. 9 (2010): 112-117.
“Udoskonalennia upravlinnia finansovymy resursamy pidpryiemstva“ [Improving the Mechanism of Reorganization of Financial Resources Management of Enterprises]. Derzhava ta rehiony, no. 10 (2007): 55-59.
Dzhereleiko, S. D. “Upravlinnia finansovymy resursamy promyslovykh pidpryiemstv“ [Management of Financial Resources of Industrial Enterprises]. Stalyi rozvytok ekonomiky, no. 1 (2010): 156-159.
Zelisko, I. M. Upravlinnia finansovymy resursamy ahrarno-promyslovykh kompanii [Management of Financial Resources of Agro-industrial Companies]. Kyiv: TsP «KOMPRYNT», 2014.
Nesterenko, N. V., and Rebrina, D. M. “Shliakhy vdoskonalennia upravlinnia finansovymy resursamy pidpryiemstva“ [Ways to Improve the Management of Financial Resources of the Enterprise]. Ekonomichnyi visnyk Donbasu, no. 3 (2011): 69-72.
Mytsak, O. V., Chui, I. R., and Demkovska, O. I. “Identyfikatsiia ta metodyka otsiniuvannia finansovoi stiikosti pidpryiemstv dlia zabezpechennia yikh finansovoi rivnovahy“ [Identification and Methods of Assessing the Financial Stability of Enterprises to Ensure Their Financial Balance]. Visnyk Lvivskoho torhovelno-ekonomichnoho universytetu, no. 51 (2016): 159-164.
Skaliuk, R. “Upravlinnia finansovoiu rivnovahoiu promyslovykh pidpryiemstv“ [Management of Financial Balance of Industrial Enterprises]. Visnyk TNEU. 2013. http://dspace.wunu.edu.ua/bitstream/316497/9300/1/Скалюк%20Р..pdf
Kolisnyk, M. “Yevropeiski nespodivanky dlia vitchyznianoho biznesu“ [European Surprises for Domestic Business]. Yurydychna Hazeta. 2014. https://kse.ua/wp-content/uploads/2019/05/42-44.pdf
Ofitsiinyi sait Derzhavnoi sluzhby statystyky Ukrainy. http://www.ukrstat.gov.ua
Pokaznyky hospodarsko-finansovoi diialnosti pidpryiemstv i orhanizatsii spilok spozhyvchykh tovarystv oblastei [Indicators of Economic and Financial Activity of Enterprises and Organizations of Unions of Consumer Societies of Regions]. Kyiv: Ukrkoopspilka, 2012-2019.

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