Forming of Investment Attractiveness and Providing of Economic Efficiency of Corporate Integration Association

The development of joint-stock companies in the context of the development of the management mechanism of corporate enterprises and the formation of properly functioning corporate associations is determined by the existing potential and prospects for expanding the range of strategic and current goals and is a relevant research of today. The purpose of the research in the work is theoretical substantiation and development of recommendations for the formation of investment attractiveness of the corporate integration association. It is proven that the selection and justification of the optimal composition of the sources of capital formation of the corporation allows: to ensure the differentiation of sources of investment resources according to the program objectives of the chosen strategy; determine the set of the most desirable sources of capital formation; to specify directions of resource use. It was established that the formation of the investment attractiveness of corporate enterprises at various stages of its life cycle depends on many factors, such as the cost of the source, the availability of the source, the image of the association in front of suppliers of financial resources, the amount of own assets suitable for reinvestment. It was established that the implementation of integration operations is an important element of the general context of social and economic development of corporate enterprises, which requires the formation of an appropriate strategic basis for maintaining investment attractiveness and ensuring the economic efficiency of corporate enterprises. The results of the conducted research allow us to draw conclusions that the formation of capital and investment attractiveness of a corporate association depends on taking into account in the process of formation and development of the integration structure the peculiarities of the organizational and legal form of joint-stock companies that are participants in corporate enterprises.