There is a newer version of the record available.

Published September 5, 2019 | Version v1
Journal article Open

The prerequisites for improving the efficiency of financial resources management of the enterprise

Description

The theoretical aspects of enterprise financial resources management was investigate. Generalized the concept of financial resources, their role and significance for the enterprise. Analyzed the techniques that contribute to a deeper substantiation of managerial decisions on the formation and applying of financial resources. The effectiveness of financial resources management largely depends on the cost of borrowing capital.  In the article was made analysis the dependence of credit payments on the profitability of equity: this dependence is the greater, then lower the return of equity. It has been established that the capital structure will be optimal when the increase in net return on equity and the effect of financial leverage will be maximum. Reviewed the progressive, different from traditional, methodological approaches to managing the financial resources of an enterprise.

Files

129.pdf

Files (906.3 kB)

Name Size Download all
md5:e06f414d273c8977e46e95a32851ca40
906.3 kB Preview Download

Additional details

References

  • 1. Berdar, M. (2008). Implementation of progressive methods of managing the financial resources of enterprises in foreign economic activity. The formation of market relations in Ukraine. Ukraine: 5 (84), 31-36 [in Ukrainian].
  • 2. Blank, I. (2008). Capital Management. Kyiv: "Nika-Center", 510 [in Russian].
  • 3. Blyzniuk, O.P., Horpychenko, A.P. (2012). The classification of sources of formation financial resources of the enterprise. Bulletin of the International Slavic University. Economic Sciences Series. Volume XV, 2, 54-56 [in Ukrainian].
  • 4. Bohma, O.S. (2012). Features of financial resources management of domestic enterprises. Bulletin of Zaporizhzhya National University. Zaporizhzhya, Ukraine: 1(3), 195-199 [in Ukrainian].
  • 5. Vankovych, D.V. (2004). The improvement mechanism of reorganization the financial resources management of enterprises. Finance of Ukraine. Kyiv, Ukraine: 9, 112-117 [in Ukrainian].
  • 6. Hlushchenko, V.V., Novykov, V.H., Korobov, M.Ya. (1990). Financial and credit mechanism in conditions of self-settlement development. Kharkiv, Ukraine: 176 [in Russian].
  • 7. Hryhorash, T.F., Hubenko, Ya.Ya., Panych, K.B. (2014). The formation of sources of financial resources of the enterprise and management of them. Young scientist, 11 (4). Retrieved from: http://molodyvcheny.in.ua/files/journal/2014/11/11.pdf [in Ukrainian].
  • 8. Hudz, O.Ie. (2007). The financial resources of agricultural enterprises: Monograph. Kyiv, Ukraine: National Science Center "Institute for Agricultural Economics", 578 [in Ukrainian].
  • 9. Dzhereleiko, S.D. (2010). Management of financial resources of industrial enterprises. Retrieved from: http://www.nbuv.gov.ua/portal/soc_gum/sre/2010_1/156.pdf [in Ukrainian]
  • 10. Kozachok, I.A. (2011). Formation and management of efficient apply of financial resources of the enterprise. Humanitarnyi visnyk Zaporizkoi derzhavnoi inzhenernoi akademii, 47. Retrieved from: www.zgia.zp.ua/gazeta/VISNIK_47_277.pdf [in Ukrainian].
  • 11. Leos, O.Yu., Koval, I.S. (2013). Mechanisms of formation of financial resources of enterprises. Retrieved from: http://www.dridu.dp.ua/vidavnictvo/2013/2013_01(16)/17.pdf [in Ukrainian].
  • 12. Malii, O.H. (2013). The financial resources of enterprise: sources of formation and efficiency of apply. Retrieved from: http://khntusg.com.ua/files/sbornik/vestnik_137/27.pdf [in Ukrainian].
  • 13. Rudchenko, I.V. (2013). Improvement of the mechanism of management of financial resources of the enterprise. Retrieved from: http://www.bsfa.edu.ua/files/konf/23022013/sekciya5/teza_ litovska_fk_45.pdf [in Ukrainian].
  • 14. Filimonenkov, O.M. (2004). Finance enterprises: tutorial. Kyiv, Ukraine: International Academy of Personnel Management, 328 [in Ukrainian].
  • 15. Khrushch, N.V. (2007). Analysis and assessment of profitability of financial resources of the enterprise. Ekonomist, 7, 28-31 [in Ukrainian].
  • 16. Chupis, A.V., Koretskyi,M.Kh., Kashenko, O.L. (2001). Assessment, analysis, planning of financial position of the enterprise. Sumy, Ukraine: Dovkillia, 404 [in Ukrainian].
  • 17. Telyshevska, L.I., Holovanova, A.V., Yasko, R.S. (2017). Principles of formation and apply of financial resources of the enterprise. Ekonomika. Finansy. Pravo, 5/1, 24-27 [in Ukrainian].
  • 18. Telyshevska, L.I., Maiboroda, T.A., Zakharchenko, O.S. (2009). Analysis of methodical techniques that are appropriate in managing the financial resources of the enterprise. Kharkiv, Ukraine: AdvA, 38-80 [in Ukrainian].