FACTORS AFFECTING THE FINANCIAL STABILITY OF COMPANIES
The financial stability of the company is one of the basic conditions of life, development and maintenance of a high level of competitiveness. At the Ukrainian market, many domestic enterprises are financially unstable, start-ups often go bankrupt in the first year of its existence, the investors do not have reliable information on the stability of the financial situation of enterprises and not so interested to invest their money in unstable company or companies that are on the verge bankruptcy. The financial and economic crisis of 2008 caused a significant impact on the financial stability of Ukrainian enterprises. In 2013, the economic crisis Ukraine gained new momentum. So at the moment for Ukrainian enterprises important to maintain and strengthen a degree of financial stability that emerged in the post-crisis period and prepare for a new wave of economic recession.
Management of financial stability means continued support sustainable position on the basis of the implementation of measures to prevent the crisis signs of loss of stability operations, solvency and creditworthiness. Conceptual foundations of financial stability of the enterprise management objectives include identifying the object and the subject of management, tasks, functions, principles of management and performance criteria. Effective management of financial stability mandates consideration of the factors of external and internal environment of the financial stability of the company. Among them are: the phase of economic development, fiscal, monetary and credit policy; stages of the life cycle of an enterprise, the strategy of asset management, private equity, loan resources, enterprise risk . A large number of factors that affect the financial stability of the company, leads to lack of economic literature, a common approach to grouping them according to certain classification criteria. In the article the factors that affect the financial stability of the enterprise in the market conditions.
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Keywords: investment activity, classification, index, operations, finance, financial stability, a factor |
RISK MANAGEMENT
Tsyplyuk D.
PhD, senior lecturer Department of Corporate Finance and Controlling SHEI «Kyiv National Economic University named after Vadym Hetman»
Piven J.
Master of Finance SHEI «Kyiv National Economic University named after Vadym Hetman»
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