ORGANIZATIONAL AND ECONOMIC MECHANISM FOR MANAGING THE FINANCIAL STABILITY OF ENTERPRISES

The research aim is to develop an organizational and economic mechanism for managing the financial stability of enterprises on the basis of rationalization of the volume and structure of their assets and capital. The relevance of the research topic is explained by the unsatisfactory level of financial stability of many Ukrainian enterprises. This situation requires the implementation of organizational and economic measures set to manage the financial stability of such enterprises, which requires a preliminary assessment of the existing level of this stability. The research aim to be achieved, a number of general scientific and special methods were used, in particular: generalization — to form the theoretical foundations of managing the financial stability of companies; grouping — to determine the main directions and ways to improve the financial stability of business entities; economic and mathematical modeling — to build mathematical models to substantiate the rational values of indicators for assessing the financial stability of enterprises; system and economic analysis — to compile a sequence of planning measures to improve the financial stability of enterprises, etc. In the course of the research was established, in particular, that the improvement of the financial stability of the enterprise requires the simultaneous improvement other components of its financial condition, first of all — business activity and profitability. Having this in view, four areas have been identified to increase the financial stability of companies, each of which contains several ways to increase this. The general improvement sequence of the financial stability level of the enterprise was developed, which contains the following main stages: 1) determination of desirable values of certain indicators the enterprise financial stability; 2) establishing opportunities to accelerate the turnover of working capital of the enterprise; 3) determining the possibility of increasing the amount of profit (reduction of losses) of the enterprise; 4) assessment of available reserves to increase the equity of the enterprise by increasing the size of its share capital. Using the approach proposed in this paper to the development of organizational and economic mechanism aimed at improving the management of enterprises' financial stability may ensure their ability to timely and fully meet their obligations to their creditors.