The paper refers to nature and the necessity of a strategic approach to financing in the industry. The author considers reasons and<br />characteristics of an industrial enterprise financial strategy under contemporary complicated economic conditions. A methodology<br />of selection of the most sufficient financial strategy f or an industrial enterprise in the proc ess of corporate financing is suggested.<br />The independence of industrial enterprises, their economic and legal responsibility regarding activity results forms in terms of the<br />Ukrainian economy development under the current economic conditions. The significance of industrial enterprise financial stability<br />increases dramatically. This causes an objective need to determine tendencies of the dynamic formation of their financial position<br />and prospective financial opportunities. An industrial enterprise financial strategy, as a system of prospective purposes of a financial<br />and economic activity and the choice of the most effective methods and ways of their achievement, focuses on the solution of<br />the determined above issues. The formation of a proper strategy of industrial enterprises financing with the aim of the enterprise<br />profitability increase is provided by: the possibility of modeling a financial and economic situation; to detect and prognosticate the<br />necessity of strategic modifications; to apply powerful and reliable instruments and a methodology; to implement the constructed<br />industrial enterprise financial strategy in order to rec eive planned and desirable activity results.<br />All possible types of the financial and economic strategy of industrial enterprises may be represented in the form of a matrix of a<br />financial and economic strategy of an enterprise. Strategic analysis within the suggested matrix enables to c onsider the problem in<br />dynamics. Moreover, it also makes possible not only to formulate a financial strategy, but also to change it operatively as a result of<br />dynamic changes of certain targeted sufficient parameters of an industrial enterpri se activity.<br />A strategic directive in the industrial enterprise activity generally stipulates its financial strategy of providing the profitability.<br />Thus, the correlation between them is much stronger than a cause and effect relation, as it may be suggested in the process of cursory<br />examination. An industrial enterprise financial strategy is independent to a certain extant compared with an industrial enterprise<br />general strategy. During the creation and implementation of a financial strategy the industrial enterprise is more independent than<br />during the process of implementation of its general strategic direc tion of an activity.<br />Also this paper focuses on the development of recommendations concerning the consideration of the determined problem in dynamics.<br />This enables not only to formulate a financial strategy of profit gaining, but also to modify (change) it as a result of the modification<br />of many important parameters of industrial enterprise func tioning.
Публикация
Alina Korolova Formation of A Strategy of Industrial Enterprise Financing With the aim of Profitability Increase // The Russian Academic Journal, Vol. 31, Issue 1, 2015, pp. 0-0
Статистика
Нет комментариев