The Theoretical and Methodological Aspects of Formation of Financial Stability of Enterprise

Abstract

The article is aimed at researching the conceptual apparatus of the definition of «financial stability», determining the theoretical and methodological aspects of its formation and studying the list of factors influencing the management of financial stability of enterprise. Theoretical bases of formation of financial stability of enterprise are analyzed. The authors’ own vision of definition of the economic category of «financial stability of enterprise» is presented. Such types of financial stability as internal, external, general and inherited are considered and analyzed in detail. It is determined that the financial stability analysis provides an opportunity to assess the ability of enterprise to adapt to the environment and to identify its level of independence from the external sources of financing. Given the diversity of approaches to the analysis of economic activity, definition of some functions of financial stability is suggested. A summarized list of principles of carrying out an analysis of financial stability of enterprise is proposed. It is determined that the management of financial stability of enterprise is a complex system of forms, methods and principles of developing and making managerial decisions on ensuring the constantly growing profit, maintaining the level of solvency and creditability, preserving the financial equilibrium.

Keywords

• financial stability
• assessment
• financial analysis
• financial condition
• financial-economic activity