Improvement of Enterprise Financing System in Unstable Economic Environment

The paper focuses on the development of approaches to improving enterprise financing in an unstable economic environment. It is established that enterprise financing can be consistently addressed as a logically built structure of sources and forms of accumulation of financial resources and the methods to control their accumulation and use. It is proved that the formation of a specific model for the establishment of the sources and forms of enterprise financing can be influenced by many factors, particularly, enterprise income taxation specifics, rates and sustainability of sales growth, and asset structure. It is identified that efficient business is impossible without attracting debt (leverage). The use of debt helps to achieve significant business expansion, improved performance of equity, faster formation of special funds, and improved enterprise market value.