| Abstrakt: |
The article is devoted to an innovative approach to risk management in the financial sphere. An analysis of scientific research on financial riskology and related sciences was carried out. A well-founded author's approach and developed factor models regarding the systematic combination of strategic, tactical and operational financial risk management; proposed factor models and criteria for evaluating the effectiveness of financial strategic, tactical and operational decisions. For the first time, the concept of the capitalization of authorized capital and the speed index of its capitalization was introduced as indicators for measuring the effectiveness of financial decisions. Reasoned options for management behaviour in certain financial situations, taking into account their riskiness. Thanks to factor modelling, the relationship between the capitalization of the authorized capital and the current financial indicators, namely the profit of the enterprise, taking into account the procedure of its distribution, was determined. In operative financial management, emphasis is placed on the fact that funds, according to their rational distribution, should be directed: first to the repayment of external current obligations, and then to finance current internal needs. In order to cover external current liabilities, it is necessary to carry out appropriate monitoring and refinancing of receivables, and in order to financially support current internal needs, it is necessary to form an insurance money fund of the appropriate size; these two processes must take place in a complex and parallel manner. The practical introduction of systemic financial risk management in a combination of its components: strategic, tactical and operational - will allow to improve the management of the financial sphere, increase its efficiency and will meet the interests of both the owners of the enterprise and its managers. [ABSTRACT FROM AUTHOR] |
