DOI: https://doi.org/10.18371/fcaptp.v1i32.200530

CONCEPTUAL PRINCIPLES FOR THE FUNDING OF FINANCIAL RESOURCE MANAGEMENT SYSTEMS OF ENTERPRISES

O. Ye. Gudz, P. A. Stetsiuk

Abstract


The conceptual and methodological foundations of forming of system of financial management of the enterprise are argued in the article. It was established that the specific economic environment of domestic enterprises is limited own financial resources, significant amounts of the current creditor indebtedness, low level of capitalization of the bank system and the deficit of long-term credit resources, deformation in the development of the Ukrainian stock market. Signified necessitates the necessity of adaptation to these features and the transformation of the process management system of the formation and using of their financial resources.

Revealed economic nature, systemic nature and peculiarities of management of financial resource at micro level. The conceptual model of the management system, which includes a description and a sequence of stages of this process, the modeling of financial security of financial resources is presented. It is determined the immediate depends on the transformation of the company's financial resources management system from the choice of financial strategy and characterized by eventual strategic guidelines for its financial activity. The most significant aspects of financial policy in the context of formation and using of financial resources are identified.

The algorithm of distribution of financial resources by individual competing directions of their using is implemented, on the basis of which an proposed conceptual model of management is realized. It involves analyzing the formation and development of the financial potential of the enterprise, forecasting the main trends in changing the external economic environment, determining the necessity of financial resources and volume and time parameter and its provision, organization of planned measures implementation. Revealed methodological approaches based at which the algorithm is implemented. Key restrictions have been set to ensure rational allocation of financial resources.

The practical using of the developed scientific and methodical ways allows optimizing the structure of sources of formation of the company's financial resources and effectively distributing their limited volume between competing areas of using.

Keywords


enterprise; finance, financial management; financial resources management; management model; decision-making algorithm

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ISSN (print) 2306-4994, ISSN (on-line) 2310-8770