UDC 685.15=111
Katrich Bohdan
Sergiyovych
Supervisor Piskunov
R.O.
Kharkiv Institute of Banking NBU
THE WAYS OF IMPROVING OF THE MANAGEMENT
OF CAPITAL OF THE ENTERPRISE
In conditions of transition to the market economy and formation of brutal
competitive surroundings there is especially sharply a problem of improving of management
of enterprise’s capital.
The urgency of this theme of research is to operate successfully in a
market economy, the enterprise must actively form rational variants of answers to
all the changes, which daily occur in the course of his business activity. In
modern conditions the most known works devoted to problems of management
of company stock are materials of U.Vorobyov, Î.Klenin, Ò.Staritsky, L.Kovalyova and other economists. However, some problems
require a new understanding of the theoretical and practical aspects of the
economic nature of management of capital of the enterprise.
The aim of this work is the improvement of the management of enterprise’s
capital.
The viability of the enterprise and the foundation of its development in
a competitive market is the stability. It is affected by various reasons - both
internal and external ; the production of cheap products and providing services
that are in demand, stable position of the company on the market, a high level
of material and technical support for the production and application of
advanced technologies, the smooth flow of economic relations with partners, the
rhythm of the funds, the efficiency of economic and financial operations, a
small degree of risk involved in the process of the realization of the
production and financial activity and etc. Such a variety of reasons, affecting
the performance of the market of the company, determines the various aspects of
its stability. The process of formation and application of such solutions must
be carried out in the framework of the concept of universal enterprise
management.
The operating mode of the control system, its organization, methods and
ways of activity are such external conditions: the type of state in which the
system operates; presence of the market of the rights and freedoms of citizens;
the type of economy; the degree of development of institutions in society and
others. Taking this into account, the economic agents that exist within a
particular formations, distinguished by the management and coordination of
economic activity that affects the methods and means, the structure and forms
of management of commercial and industrial-economic activities.[1]
On the modern stage of development it is essential to develop effective
approaches to solving the problems of accounting, seizure and redistribution of
incomes from capital transactions not only with the aim of replenishment of the
budget, but also stimulate economic activity and the protection of the
interests of the population. In my opinion, the process of formation of local
budget revenues from capital transactions must be based on the principle of
stimulating business activity in the region. In this case, the subjects of
economic activity have incentives to privatize property, to buy land plots and
orphan objects for use in its own activities with the purpose of reception in
the future additional profits.
This should take into account peculiarities of the financial mechanism
inherent in each industry. The effectiveness of the financial mechanism of the
management of revenues from capital transactions depends on the effectiveness
of these methods in the process of formation of revenues of the budget. The
main purpose of the functioning of the financial mechanism of the management of
revenues from capital transactions is to promote the entry of funds into the
budget.[2,p.34]
Financial mechanism of the management of revenues from capital
transactions is shown in fig. 1.
Information
support
Operations on
sale of land Transactions
on sale of fixed capital Operations of
goods
In the study improved the management of capital of the enterprise, which
is characterized by a number of features both financially and from a legal
point of view, that affects the aspect of forming of financial decision-making
at the enterprise.
Therefore, the task of the department capital of the company is not only
to maximize the income (profit) from operations, and maintenance of high rates
of economic development of the company with sufficient of its financial
stability. It should be noted, that in conditions of transition economy, the
availability of different forms of ownership operations with the capital in the
near future may become an important source of filling of the state budget and
the strengthening of the national monetary unit that, in contrast to the
existing approaches enables a better choice of tools of management of financial
risks, which will be considered in the further development.
THE LIST OF LITERATURE:
1. Piskunov R.A.
Improving of analyze of functions for the management of financial risks // Abilities
and problems of economic development of region: Materials of international
scientific-practical conference. Nevinnomysk : NGGTI, 2009. - P. 349 – 353
2. Polozenko D.V., Kovalenko S.O. Operations
with capital: state and perspectives of development. Polozenko D.V. Kovalenko S.O.//Financial
policy and economical regulation.2008. - ¹6 – P.31-38.