Multi-indicator system for evaluating the effectiveness of management of enterprise development financing

Inna Litvin; Oleksii Bezchasnyi; Valeriia Kolosok; Yana Khodova; Zinovii Bezkorovainiy

doi:10.34069/AI/2022.50.02.14

Inna Litvin National Academy of Agrarian Sciences of Ukraine, Kyiv,Ukraine. https://orcid.org/0000-0003-1748-5537
Oleksii Bezchasnyi V.I. Vernadsky Taurida National University, Kyiv, Ukraine. https://orcid.org/0000-0003-2663-4688
Valeriia Kolosok Pryazovskyi State Technical University, Mariupol, Ukraine. https://orcid.org/0000-0002-6657-933X
Yana Khodova Pryazovskyi State Technical University, Mariupol, Ukraine. https://orcid.org/0000-0001-8819-8047
Zinovii Bezkorovainiy Ternopil National Technical University named after Ivan Pulyuy, Ternopil, Ukraine. https://orcid.org/0000-0001-9168-4599

DOI: https://doi.org/10.34069/AI/2022.50.02.14

Keywords: financing, development, enterprise, management, system, estimation, indicators.

Abstract

The article establishes to assess the effectiveness of financial security management is necessary to take into account the relationship between indicators of enterprise development and indicators of efficiency of financial security management in dynamics and adjust the assessment for positive or negative external influences. Insufficient research has focused on assessing the effectiveness of financial management of development, especially on the formation of an appropriate system that can guide practitioners. Therefore, the purpose of the article is to develop a multi-indicator system for assessing the effectiveness of management of financing the development of enterprises. To solve this problem, the study was aimed at forming comprehensive recommendations that provide appropriate steps and actions. The manual is developed using the conceptual research method, the method covers three phases: collection of steps and measures from existing recommendations on the evaluation system (1), classification of indicators and definition of system structure (2), definition of criteria for assessing financial compliance systems for evaluating the effectiveness of financial security management (3). The proposed recommendations allow to analyze the dynamics of both the global development of the enterprise and the management of financial security necessary for development, which allows to develop measures to improve the management of financial security of the enterprise. According to the results of the research, the developed multi-indicator system for assessing the effectiveness of management of financing the development of agricultural machinery of PJSC "Harvesters" was tested.

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Author Biographies

Inna Litvin, National Academy of Agrarian Sciences of Ukraine, Kyiv,Ukraine.

PhD, Head of the Department of Transport and Logistic Management, Associate Professor of Kyiv Agrarian Institute of the National Academy of Agrarian Sciences of Ukraine, Kyiv,Ukraine.

Oleksii Bezchasnyi, V.I. Vernadsky Taurida National University, Kyiv, Ukraine.

Doctor of Economics, Associate Professor of the Department of Hospitality Industry and Sustainable Development, V.I. Vernadsky Taurida National University, Kyiv, Ukraine.

Valeriia Kolosok, Pryazovskyi State Technical University, Mariupol, Ukraine.

Doctor of Economic Sciences, ProfessorHead of the Department of Transport and Logistic Management, , Head of the Department of Transport Management and Logistics, Pryazovskyi State Technical University, Mariupol, Ukraine.

Yana Khodova, Pryazovskyi State Technical University, Mariupol, Ukraine.

PhD, Head of the Department of Transport and Logistic Management, Associate Professor of the Department of Transport Management and Logistics, Pryazovskyi State Technical University, Mariupol, Ukraine.

Zinovii Bezkorovainiy, Ternopil National Technical University named after Ivan Pulyuy, Ternopil, Ukraine.

Postgraduate student of the Department of Management of Innovation and Services of Ternopil National Technical University named after Ivan Pulyuy, Ternopil, Ukraine.

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