Open AccessFINANCIAL STABILITY OF THE ENTERPRISE: ESSENCE AND FUNDAMENTALS OF MANAGEMENT
Author(s) -
Yelyzaveta Tkachenko,
Viktoriia Fatiukha,
Olena Yaryshko
Publication year - 2021
Publication title -
ìnfrastruktura rinku
Language(s) - English
Resource type - Journals
ISSN - 2519-2868
DOI - 10.32843/infrastruct56-22
Subject(s) - finance , stability (learning theory) , financial stability , business , financial analysis , computer science , financial system , machine learning
The article considers modern approaches to defining the essence of financial stability of the enterprise, based on the analysis of which the main features of the stable financial condition of the enterprise are highlighted. The definition of financial stability has been given. The place of the analysis of financial stability of the enterprise as one of directions of complex research of a financial condition of the enterprise has been studied. The main stages of managing the financial stability of the enterprise and a brief description of their content. Much attention was paid to the study of existing approaches to assessing the financial stability of the enterprise. The study of the level of financial stability of the enterprise can be based on the implementation of the following approaches: aggregate, coefficient, margin, point, balance, integral, factor and matrix. It is emphasized that the company in the process of analysis may choose different approaches, depending on the purpose, objectives and research program. It has been determined that it is advisable for companies to form their own system of criteria, which can be used in the process of assessing the current and future state of financial stability to study the financial stability of a company. The existing classifications of factors influencing the financial stability of the enterprise have been analyzed, and the classification according to the place of their origin has been carefully considered. It has been determined that the external factor can be divided into the following groups: economic, those that characterize the state of the market environment, demographic, political, legal, technological and others. Internal factors can be divided into operational, investment and financial. It has been emphasized that external and internal factors influencing the financial stability of the enterprise differ in the mechanism of response by the enterprise. The company can not influence the action of external factors, as they do not depend on the activities of the company, but are related to the nature of government regulation and economic development in general. Therefore, they need more attention to ensure timely response and adaptation to change. Internal factors are in the area of regulation of the enterprise, are important in terms of forming the strategy of the enterprise.