АНТИКРИЗОВИЙ ФІНАНСОВИЙ МЕНЕДЖМЕНТ НА СУЧАСНИХ ПІДПРИЄМСТВАХ

The financial status in a lot of commercial organizations is getting negative trends in a modern conditions, thus on the first plan the questions of anti-crisis financial management as an effective anti-crisis management mechanism are raised. The critical financial situation that has developed in ma...

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Date:2020
Main Authors: Kovalchuk, V.G., Cherkashina, А.О.
Format: Article
Language:Ukrainian
Published: V. Mamutov Institute of Economic and Legal Research of the National Academy of Sciences of Ukraine 2020
Online Access:https://economiclaw.kiev.ua/index.php/economiclaw/article/view/979
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Journal Title:Economics and Law

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Economics and Law
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language Ukrainian
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author Kovalchuk, V.G.
Cherkashina, А.О.
spellingShingle Kovalchuk, V.G.
Cherkashina, А.О.
АНТИКРИЗОВИЙ ФІНАНСОВИЙ МЕНЕДЖМЕНТ НА СУЧАСНИХ ПІДПРИЄМСТВАХ
author_facet Kovalchuk, V.G.
Cherkashina, А.О.
author_sort Kovalchuk, V.G.
title АНТИКРИЗОВИЙ ФІНАНСОВИЙ МЕНЕДЖМЕНТ НА СУЧАСНИХ ПІДПРИЄМСТВАХ
title_short АНТИКРИЗОВИЙ ФІНАНСОВИЙ МЕНЕДЖМЕНТ НА СУЧАСНИХ ПІДПРИЄМСТВАХ
title_full АНТИКРИЗОВИЙ ФІНАНСОВИЙ МЕНЕДЖМЕНТ НА СУЧАСНИХ ПІДПРИЄМСТВАХ
title_fullStr АНТИКРИЗОВИЙ ФІНАНСОВИЙ МЕНЕДЖМЕНТ НА СУЧАСНИХ ПІДПРИЄМСТВАХ
title_full_unstemmed АНТИКРИЗОВИЙ ФІНАНСОВИЙ МЕНЕДЖМЕНТ НА СУЧАСНИХ ПІДПРИЄМСТВАХ
title_sort антикризовий фінансовий менеджмент на сучасних підприємствах
title_alt ANTI-CRISIS FINANCIAL MANAGEMENT IN MODERN ENTERPRISES
description The financial status in a lot of commercial organizations is getting negative trends in a modern conditions, thus on the first plan the questions of anti-crisis financial management as an effective anti-crisis management mechanism are raised. The critical financial situation that has developed in many domestic enterprises proves the impossibility of their existence without an appropriate management system and, first of all, anti-crisis. Therefore, the implementation of the modern concept of crisis management remains quite relevant. The article states that the usage of anti-crisis financial management of an enterprise is that measures to prevent a crisis should be carried out long before its occurrence. The importance of the anti-crisis manager in the enterprise management system as a tool to prevent or promptly respond to the threat of bankruptcy was investigated. The objective need to implement an anti-crisis strategy at the enterprise was proven. It was also determined that in order to ensure the enterprise continuous development, competitiveness, investment attractiveness and the construction of the right anti-crisis strategy, it is necessary to raise the question of the adequacy of the level of financial potential and its assessment. The financial stability indicators of PJSC "Turboatom": financial stability indicators, liquidity and solvency indicators, profitability indicators was analyzed; the financial potential was assessed using the Altman model, which helps to form an anti-crisis strategy and determine the degree of bankruptcy of the enterprise. In the absence of the anti-crisis management or an improperly formed system of its management, the enterprise is on the verge of bankruptcy: gradually deteriorating enterprise viability, no longer able to stay in balance, resource or enterprise opportunities for further development shortage appears. Thus, the use of an effective risk management system will be conducive to the restoration of solvency at the enterprise, and will also help reduce crisis phenomena at it. REFERENCES:1. Ramazanov S.K., Stepanenko O.P., Tymashova L.A. Metody antykryzovoho upravlinnia. Luhansk, 2004. 192 p. [in Ukrainian].2. Malyi I.I., Radionova I.F., Yemelianenko L.M. Antykryzove upravlinnia natsionalnoiu ekonomikoiu. Kyiv, 2017. 368 p. [in Ukrainian].3. Kovalenko O.V., Hal S.V. Metody antykryzovoho upravlinnia pidpryiemstvom. Ekonomichnyi visnyk Zaporizkoi derzhavnoi inzhenernoi akademii. 2014. No. 8. P. 107-114 [in Ukrainian].4. Ofitsiinyi sait PAT "Turboatom". URL: https://www.turboatom.com.ua/ [in Ukrainian].5. Ekonomichnyi analiz: navch.posib. Za zah. red. B.Ie. Hrabovetskoho. Kyiv, 2009. 256 p. [in Ukrainian].6. Khryniuk O.S., Bova V.A. Modeli rozrakhunku ymovirnosti bankrutstva yak metod otsinky finansovoho potentsialu pidpryiemstva. Efektyvna ekonomika. 2018. No. 2. URL: http://www.economy.nayka.com.ua/?op=1&z=6121 [in Ukrainian].
publisher V. Mamutov Institute of Economic and Legal Research of the National Academy of Sciences of Ukraine
publishDate 2020
url https://economiclaw.kiev.ua/index.php/economiclaw/article/view/979
work_keys_str_mv AT kovalchukvg anticrisisfinancialmanagementinmodernenterprises
AT cherkashinaao anticrisisfinancialmanagementinmodernenterprises
AT kovalchukvg antikrizovijfínansovijmenedžmentnasučasnihpídpriêmstvah
AT cherkashinaao antikrizovijfínansovijmenedžmentnasučasnihpídpriêmstvah
first_indexed 2025-09-24T17:23:29Z
last_indexed 2025-09-24T17:23:29Z
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spelling oai:ojs.economiclaw.kiev.ua:article-9792020-04-04T13:07:05Z ANTI-CRISIS FINANCIAL MANAGEMENT IN MODERN ENTERPRISES АНТИКРИЗОВИЙ ФІНАНСОВИЙ МЕНЕДЖМЕНТ НА СУЧАСНИХ ПІДПРИЄМСТВАХ Kovalchuk, V.G. Cherkashina, А.О. The financial status in a lot of commercial organizations is getting negative trends in a modern conditions, thus on the first plan the questions of anti-crisis financial management as an effective anti-crisis management mechanism are raised. The critical financial situation that has developed in many domestic enterprises proves the impossibility of their existence without an appropriate management system and, first of all, anti-crisis. Therefore, the implementation of the modern concept of crisis management remains quite relevant. The article states that the usage of anti-crisis financial management of an enterprise is that measures to prevent a crisis should be carried out long before its occurrence. The importance of the anti-crisis manager in the enterprise management system as a tool to prevent or promptly respond to the threat of bankruptcy was investigated. The objective need to implement an anti-crisis strategy at the enterprise was proven. It was also determined that in order to ensure the enterprise continuous development, competitiveness, investment attractiveness and the construction of the right anti-crisis strategy, it is necessary to raise the question of the adequacy of the level of financial potential and its assessment. The financial stability indicators of PJSC "Turboatom": financial stability indicators, liquidity and solvency indicators, profitability indicators was analyzed; the financial potential was assessed using the Altman model, which helps to form an anti-crisis strategy and determine the degree of bankruptcy of the enterprise. In the absence of the anti-crisis management or an improperly formed system of its management, the enterprise is on the verge of bankruptcy: gradually deteriorating enterprise viability, no longer able to stay in balance, resource or enterprise opportunities for further development shortage appears. Thus, the use of an effective risk management system will be conducive to the restoration of solvency at the enterprise, and will also help reduce crisis phenomena at it. REFERENCES:1. Ramazanov S.K., Stepanenko O.P., Tymashova L.A. Metody antykryzovoho upravlinnia. Luhansk, 2004. 192 p. [in Ukrainian].2. Malyi I.I., Radionova I.F., Yemelianenko L.M. Antykryzove upravlinnia natsionalnoiu ekonomikoiu. Kyiv, 2017. 368 p. [in Ukrainian].3. Kovalenko O.V., Hal S.V. Metody antykryzovoho upravlinnia pidpryiemstvom. Ekonomichnyi visnyk Zaporizkoi derzhavnoi inzhenernoi akademii. 2014. No. 8. P. 107-114 [in Ukrainian].4. Ofitsiinyi sait PAT "Turboatom". URL: https://www.turboatom.com.ua/ [in Ukrainian].5. Ekonomichnyi analiz: navch.posib. Za zah. red. B.Ie. Hrabovetskoho. Kyiv, 2009. 256 p. [in Ukrainian].6. Khryniuk O.S., Bova V.A. Modeli rozrakhunku ymovirnosti bankrutstva yak metod otsinky finansovoho potentsialu pidpryiemstva. Efektyvna ekonomika. 2018. No. 2. URL: http://www.economy.nayka.com.ua/?op=1&z=6121 [in Ukrainian]. Досліджено значення антикризового менеджменту в системі управління підприємством як інструменту недопущення або своєчасного реагування на загрозу банкрутства. Доведено об’єктивну необхідність запровадження антикризової стратегії на підприємстві. Проаналізовано показники фінансової стійкості, виконано оцінювання фінансового потенціалу за допомогою моделі Альтмана, що сприяє формуванню антикризової стратегії. V. Mamutov Institute of Economic and Legal Research of the National Academy of Sciences of Ukraine 2020-03-24 Article Article application/pdf https://economiclaw.kiev.ua/index.php/economiclaw/article/view/979 10.15407/econlaw.2020.01.080 Economics and Law; No 1 (56) (2020): Economics and Law; 80 - 86 Экономика и право; No 1 (56) (2020): Economics and Law; 80 - 86 Економіка та право; No 1 (56) (2020): Economics and Law; 80 - 86 2523-4838 1681-6277 10.15407/econlaw.2020.01 uk https://economiclaw.kiev.ua/index.php/economiclaw/article/view/979/939