Financial management of small organizations based on a cognitive approach
| Autor: | N. Morozko, V. Didenko |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2018 |
| Předmět: |
Sustainable development
Value (ethics) Cognitive model Small business -- Law and legislation -- Russia business.industry Cognition Small business -- Russia Small business General Business Management and Accounting Full paper Financial management Risk analysis (engineering) Small business investment companies -- Russia business General Economics Econometrics and Finance |
| Zdroj: | Scopus-Elsevier |
| Popis: | In most cases small business organizations insufficiently justify economic calculations for the formation of financial resources, which adversely affects their sustainable development. Under the current circumstances, the need for sound financial management increases, which ensures a stable financial status of the organization and the prospects for increasing its value. The aim of this paper is to identify the conditions for the dynamic financial management of small organizations based on a cognitive approach. The proposed cognitive model allows establishing the mechanism of mutual influential factors of internal and external environment on the effective use of financial resources. Using the proposed model, it is possible to forecast changes in financial results. peer-reviewed |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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