THE USE OF FINANCIAL REHABILITATION IN THE CRISIS MANAGEMENT OF ENTERPRISES

Introduction The prevailing circumstances of economic and financial instability, coupled with the inherent volatility of the external environment, have precipitated a crisis for a considerable number of enterprises. At the microeconomic level, the financial crisis is associated with a loss of solvency and the threat of bankruptcy for enterprises. In light of the potential adverse effects of the crisis, enterprises are compelled to explore avenues for financial recuperation, strategies to surmount the financial crisis, and the deployment of contemporary crisis management instruments. The role of financial rehabilitation in enterprise crisis management is significant. Its objective is to reinstate solvency and financial stability, thus creating the conditions for sustainable business development in the future. There is a need for a theoretical and methodological foundation for the use of financial rehabilitation, which should become an effective tool for enterprise crisis management.