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STRUCTURAL AND PROCESS FEATURES OF THE APPROACHES IN PREVENTING THE BANKRUPTCY OF ENTERPRISES IMPLEMENTING CONSTRUCTION AND INVESTMENT PROJECTS

Journal: University Economic Bulletin. Collection of scientific articles of scientists and post-graduate students (Vol.1, No. 23)

Publication Date:

Authors : ;

Page : 97-102

Keywords : crisis; a crisis of the company; bankruptcy; crisis management; financial stability;

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Abstract

The aim of the research is to develop theoretical foundations and guidelines for assessment and prediction of insolvency of enterprises. The study is the estimation and prediction of insolvency with regard to endogenous and exogenous factors. Мethodology. Theoretical and methodological basis of research is the fundamental provisions of the economic theory, the study of domestic and foreign scientists on the problems of bankruptcy and insolvency. To achieve the objectives the following methods were used theoretical and empirical research: a systematic approach, logical analysis; econometric modeling. Results. The article deals with the essence of the concept of crisis in the enterprise, the factors for its occurrence and characteristics of a crisis condition of Ukrainian enterprises. The problems of the development of new methods of business management that will ensure a high level of adaptability and flexibility in today’s crisis conditions constantly changing market environment. The approaches to the assessment objectives and tasks of crisis management, crisis management group that enable enterprises to manage and depending on the problems that arise in the company. Highlight features and strategies of crisis management and the main directions of the crisis in the workplace. Reservation systematization of management now to prevent a crisis in terms of its performance and eliminate financial crisis and changes specified in crisis management, caused by the influence of the crisis. The level of their impact on the company and developed recommendations to improve system management. Рractical implications. The basic scientific principles of the work brought to the level of methodological generalizations and practical recommendations, which provide the opportunity to assess the state of insolvency of enterprises, to identify areas that require immediate attention of the risk Manager. The versatility of the proposed applied research gives the possibility of their use by enterprises of different industries and of all forms of ownership.

Last modified: 2016-07-24 20:39:07