ASSESSMENT METHOD OF FINANCIAL MANAGEMENT EFFECTIVENESS AT THE ENTERPRISE
Journal: Journal Association 1901 SEPIKE (Vol.1, No. 08)Publication Date: 2015-03-31
Authors : Aliaksei Karatkevich Akram Al-Hamzawi;
Page : 96-101
Keywords : finance of enterprises; dynamic system of indicators; financial management effectiveness; management efficiency criterion; integrated assessment of effectiveness;
Abstract
Integrated assessment method of the financial management effectiveness at the enterprise based on the theory of economic systems with the use of dynamic indicators system to measure the effectiveness of purposeful activity in the dynamics is proposed in our article. Dynamic system of variables, which is a criterion of the financial management effectiveness at the enterprise, is developed. Integrated assessment of the financial management effectiveness at the enterprises of Belarus for 2009-2013 is given on the basis of developed performance criteria.
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