Modeling complex financial sustainability of a corporation in the age of global economic crises
Автор: Malyshenko Vadim A., Malyshenko Konstantin A.
Журнал: Economic and Social Changes: Facts, Trends, Forecast @volnc-esc-en
Рубрика: Modeling and forecast of socio-economic processes
Статья в выпуске: 2 (56) т.11, 2018 года.
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Currently, the socio-economic content of the concept of sustainable development in relation to enterprises and corporations is actually replaced by a system of managing financial risks of investment, the effect of which aims to prevent a financial crisis. Major financial strategies ceased to be functional; they acquired a role comparable to the corporate economic strategy, and began to control the establishment of criteria of risks and the feasibility of enterprise’s existence. The goal of the present research is to provide methodological support to the process of returning the priority of the financial concept of sustainable development from the sphere of financial growth (permanent capital growth) to the sphere of financial and economic development, by offering a new analytical tool of strategic level that does not contradict the interests of large businesses in its application. Taking into account the great contribution of transnational corporations to the initiation of global crises implemented with the help of stock market tools, the version of the financial-analytical method (visual modeling), which we present in the paper, reduces the dependence of corporate governance on the financial market assessment and directs risk management process in the field of real capital management of associations of enterprises...
Financial crisis, economic growth, economic development, financial stability, financial modeling, financial condition
Короткий адрес: https://sciup.org/147224033
IDR: 147224033 | DOI: 10.15838/esc.2018.2.56.9
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