CORPORATE FINANCE IN MODERN CONDITIONS OF ECONOMY

Autor: Gamlet Ostaev, Guzaliya Klychova, Sergey Il'in
Rok vydání: 2021
Předmět:
Zdroj: Vestnik of Kazan State Agrarian University. 16:102-107
ISSN: 2073-0462
DOI: 10.12737/2073-0462-2021-102-107
Popis: The study of the issues of assessing performance indicators and intensification of finance in the activities of corporations operating in modern economic conditions is necessary and relevant. The purpose of the study is to identify a group of indicators of financial and economic activity to assess the effectiveness of the corporation (corporate finance). In the course of the research, a toolkit has been developed, which is a group of indicators that allow corporations to analyze indicators of financial and economic activity in generalized and detailed forms. When choosing the resulting and factor indicators of efficiency and intensification, the author's position was based on taking into account the current economic environment, namely, the multidisciplinary activity of corporations (on the scale of state borders and beyond) and a high share of borrowed capital for the implementation of business processes in the field of core and non-core types of entrepreneurship. The research indicators in generalized and detailed forms were direct and indirect profitability. These indicators refer to the resulting performance indicators, calculated by comparing profit and consumed capital (its factor indicators). Changes in profit and capital are the resulting indicators of intensification, under the influence of the effectiveness and cost (factor indicators affecting it) of entrepreneurial national and international projects of corporations. The generated indicators fully correspond to the current economic environment and the economic nature of the categories “efficiency” and “intensification”. With their use, it is possible to calculate the dependence not only between the resulting and factor indicators, but also to analyze the interactions of the factor indicators themselves. These indicators meet all economic postulates and are fully adapted to generally recognized economic requirements, in particular, of a financial-economic and financial-management nature. The proposed approach will help maximize financial benefits through an objective analysis of the efficiency and intensification of business operations
Databáze: OpenAIRE