Back to Search Start Over

The Analytical Research on the Factors of Influence on the Financial Sustainability of Machine-Building enterprises of Vinnytsya Region

Authors :
Vitiuk Anna V.
Savelieva Alina O.
Source :
Bìznes Inform, Vol 1, Iss 492, Pp 267-273 (2019)
Publication Year :
2019
Publisher :
Research Centre of Industrial Problems of Development of NAS of Ukraine, 2019.

Abstract

The article is aimed at researching the financial sustainability of the machine-building enterprises of Vinnytsya region. The main reason of research of financial sustainability of machine-building enterprises is reasoned. The importance of financial sustainability of machine-building enterprises differing in size, output and volume of activity is analyzed and compared. The main factors influencing the financial sustainability of machine-building enterprises are defined. The basic macro-and micro-economic problems influencing the financial sustainability of machine-building enterprises are determined. It is proved that the main reason of worsening of financial sustainability of machine-building enterprises is ignoring of the policy of stable replenishment of both own and own working capital by enterprises. The failure of enterprises to long-term financing also has an important negative impact. It has been determined that the weak financing of non-negotiable assets, which indicates a low level of modernization of fixed funds, negatively impacts the financial sustainability of machine-building enterprises.

Details

Language :
English, Russian, Ukrainian
ISSN :
22224459 and 2311116X
Volume :
1
Issue :
492
Database :
Directory of Open Access Journals
Journal :
Bìznes Inform
Publication Type :
Academic Journal
Accession number :
edsdoj.71d0c83f1280440da7225807f7aceef4
Document Type :
article