FINANCIAL INDICATORS OF THE SUSTAINABLE DEVELOPMENT IN SMALL COMPANIES
Journal: Journal Association 1901 SEPIKE (Vol.1, No. 06)Publication Date: 2014-09-30
Authors : Natalia Morozko Valentina Didenko;
Page : 128-133
Keywords : criteria; small companies; systemic approach; financial indicators; sustainable development.;
Abstract
Criteria for the classification for the small enterprises according to the economic content of the company's activity are described and differentiated in our article. On the basis of a systemic approach the main purposes of a small companies and financial indicators to achieve these goals have been formulated, i.e. maximizing the return on capital; minimizing financial risks; minimizing costs to raise capital; providing the level of sustainable growth and increasing in economic added value. The calculation methods of financial indicators are described and illustrated in our article in the activity of a hypothetical company. These methods are formulated on the basis of the sustainable development conditions for a small business.
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