Methodology for Assessing Bankruptcy Risks and Financial Sustainability Management in Regional Agricultural Organizations

2021 ◽  
pp. 239-245
Author(s):  
Irina V. Taranova ◽  
Irina M. Podkolzina ◽  
Fatima M. Uzdenova ◽  
Oksana S. Dubskaya ◽  
Alla V. Temirkanova
Keyword(s):  
Financial Sustainability ◽  
Sustainability Management ◽  
Agricultural Organizations

scholarly journals System of financial sustainability management of forestry enterprises of southern Ukraine

2021 ◽  
pp. 205-211
Author(s):  
I. Diadchenko ◽  
L. Sakharnatska
Keyword(s):  
Financial Stability ◽  
Steppe Zone ◽  
Financial Sustainability ◽  
Economic Potential ◽  
The South ◽  
Sustainability Management ◽  
Financial Condition ◽  
Forest Enterprises ◽  
Forest Lands ◽  
Southern Ukraine

The article considers the possibility of more efficient use of forest resources of the steppe zone of Ukraine, including by improving the level of financial stability of forestry enterprises in the South of Ukraine. For this purpose, on the basis of well-known principles of process algorithmization, a conceptual model of formation of the financial stability management system of forestry enterprises of the South of Ukraine is proposed. The presented model is based on the economic, social and environmental components (subsystems) of forestry enterprises and in each of them the necessary directions (possible effects) for improving the financial condition of economic entities are identified. The main reasons of normative and organizational nature, which make it impossible to increase the economic potential of forestry enterprises in the South of Ukraine, are highlighted. The directions of cooperation of forestry enterprises with local self-government bodies are offered, in particular: conclusion of commercial agreements on reconstruction of existing and creation of new parks and squares, construction of sanatoriums, cultural and entertaining, development of water purification and water-preserving functions of forest plantations. The mechanism of realization of the system of management of financial stability of the forestry enterprises which is based on realization by the forestry enterprises of a complex of the corresponding organizational and technical and administrative actions is presented. which consists in the implementation of the relevant stages of the enterprise, in particular: capitalization of own assets, identification of sources of funding and diversification of activities. It is substantiated as one of the directions of diversification of forestry enterprises, creation of energy crops on forest lands that cannot be used for other needs, and production of pellets from them for further sale. In particular, based on the calculations, it is proved that the proposed direction of diversification of forest enterprises in the South of Ukraine will not only improve their financial condition, but also attract low-value lands that are unsuitable for growing forests and crops, eventually improving their structure and content.

Sustainability Management and Local Governments

2018 ◽  
pp. 31-57 ◽  
Author(s):  
Fabio De Matteis ◽  
Daniela Preite
Keyword(s):  
Sustainable Development ◽  
Local Government ◽  
Literature Review ◽  
Research Methodology ◽  
Local Governments ◽  
Financial Sustainability ◽  
Financial Indicators ◽  
Local Authorities ◽  
Sustainability Management

After highlighting the breadth and complexity of the concept of sustainability and highlighting the role of local authorities in sustainable development, this chapter aims to interpret how sustainability management can consider the concept of financial sustainability in the context of local governments. It does this through the following specific objectives: 1) defining financial sustainability, considering it not only autonomously, but in an integrated manner with respect to the typical sustainability dimensions (environmental, social, and economic) that are usually involved in the local authorities activity; 2) proposing the main stages of the sustainability cycle in the local authorities to highlight the key moments and the role of financial sustainability; 3) analyzing some aspects of financial indicators as tools for measuring the financial side of the sustainability profile of a local government. In order to reach the aim of the chapter, the research methodology followed is the literature review.

scholarly journals Management of the Financial Sustainability of Enterprise in the Context of Provision of Economic Security in the Conditions of Strengthened Integration Processes in the Economy

2020 ◽  
Vol 12 (515) ◽  
pp. 245-251
Author(s):  
S. T. Piletska ◽  
◽  
T. Y. Korytko ◽  
V. O. Khrapach ◽  
◽  
...  
Keyword(s):  
Strategic Management ◽  
Information Provision ◽  
Economic Security ◽  
Financial Resources ◽  
Financial Sustainability ◽  
Monitoring And Control ◽  
Related Factors ◽  
Sustainability Management ◽  
Destabilizing Factors ◽  
Factors Of Influence

The article is aimed at substantiating the essence of the concepts of «financial sustainability» and «strategic management of financial sustainability» in the context of providing economic security in the conditions of integration processes in the economy. The relevance of the management of financial sustainability of enterprise is proved, which is connected with the need to find new approaches to financial sustainability management in the context of providing its economic security in the conditions of strengthened integration processes. It is proposed that the financial sustainability of enterprise be understood as such state of its financial resources, when a financial balance is achieved in the long and short-term periods and which on his part, in the conditions of strengthened integration processes, results in the properties of the enterprise manifested as a system that allows to adapt to the action of destabilizing factors through flexibility and complex formation and use of financial potential and thus protects the enterprise from the influence of factors of both the external and the internal environment. It is specified that strategic management of financial sustainability can be conceived as the influence of the managing subsystem on the financial potential of the enterprise in order to implement strategic plans in the conditions of integration processes in compliance with the optimal structure of financial resources, which is achieved by flexibility and adaptability to the destabilizing factors of influence. As result of the research, it is substantiated that strategic management of financial sustainability of enterprise is a dynamic set of the interrelated management processes: information provision of the financial sustainability management; analysis of the financial sustainability of enterprise and the related factors of influence; development and forecasting of development scenarios taking into account integration processes; implementation of the strategy for achieving financial sustainability; monitoring and control of achieving the strategy goals in the dynamic development of integration processes in the economy. Prospects for further research in this direction are the development of a mechanism for management of the financial sustainability of enterprise in the context of provision of its economic security.

scholarly journals MANAGEMENT OF FINANCIAL SUSTAINABILITY OF THE ENTERPRISE AND ITS FEATURES IN THE FIELD OF SMALL RESTAURANT BUSINESS

2021 ◽  
Vol 5 (1) ◽  
pp. 1-14
Author(s):  
N. Hembarska ◽  
◽  
Kh. Danylkiv ◽  
L. Kvasnii ◽  
◽  
...  
Keyword(s):  
Financial Management ◽  
Small Businesses ◽  
Financial Stability ◽  
Large Scale ◽  
External Factors ◽  
Small Enterprise ◽  
Financial Sustainability ◽  
Sustainability Management ◽  
Financial Condition ◽  
Internal And External Factors

Purpose. The purpose of this study is to analyze the theoretical foundations of financial sustainability management and their practical application in the field of small restaurant business, improve methodological approaches and develop recommendations for the concept of financial sustainability management to overcome existing problems in today’s conditions. Design/methodology/approach. In the article the authors used the methods of induction, deduction, theoretical generalization to clarify the essence of financial stability from the standpoint of different authors and formulate a generalizing concept used to determine the basic principles of financial stability management, its tasks, components and the sequence of their application in the formation of the concept of managing the financial stability of a modern enterprise; observation, causation, description, specification, formalization – to analyze the problems of choosing the method on the basis of which the calculation of the main indicators of financial stability of the enterprise, as well as interpretation of the data to be used for small businesses, their calculation and the desired trend of change, the characteristics of the accounting support of this process; dialectical, modeling, generalization – to develop recommendations for improving the methodology and organization of the process of managing the financial stability of a small restaurant business. Conclusions. It is hypothesized that improving the methodology and organization of financial sustainability management of small restaurants allows to generate quality information space and sufficient resources to ensure a high degree of financial independence and a stable financial condition in which performance will improve or not deteriorate. changes in internal and external factors. It is proposed and substantiated to implement the concept of financial stability management of the enterprise taking into account the time factor in three levels: strategic, tactical and operational. It is noted that in modern conditions entrepreneurs in the field of small business need educational and training services for financial management, in particular, their financial stability, and the most important and most accessible element of financial stability of the enterprise in the short term is its budgeting system. Practical implications. The results of this study are of interest to small restaurant businesses that address financial sustainability management in quarantine, as quarantine and coronavirus (COVID-19) have caused large-scale economic upheaval, forcing entire businesses to adapt to new, more complex realities. In addition, the results can help identify weaknesses in marketing and finance; the most common causes of bankruptcy; internal and external factors that affect the financial stability of small restaurant business. The paper highlights the features and substantiates the main ways to overcome possible problems of managing the financial stability of small restaurant business. Originality/value. This study contains a description of the main parameters of managing the financial stability of the enterprise in terms of management levels; reveals the characteristics of modern small restaurant business and the problems that arise in the process of managing its financial stability; contains proposals to ensure the financial stability of a small enterprise, namely, it is proposed to pay attention to three main components: the efficiency of use and increase of equity; ensuring solvency by regulating the size and structure of property and capital of the enterprise; ensuring liquidity of assets.

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