Hierarchical classification of factors influencing of financial stability management system of an industrial enterprise
Iryna YepifanovaThe purpose of the article is to form a set and hierarchical classification of factors influencing the system of financial stability management. The paper proposes hierarchical relationships of factors influencing the financial stability management system, which, in contrast to existing approaches, allows to take more fully into account the factors that determine the effectiveness of financial stability management and form a mathematical model of intellectual support for management decisions. The linguistic variable that corresponds to the indicator of the effectiveness of financial stability management is presented as a function of the components that describe the impact of financial and economic factors on the financial stability management system; the influence of production factors and management factors. The practical significance of the results is that the theoretical and methodological provisions of scientific work are brought to the level of specific practical recommendations for the formation of the financial stability management system and can be used by industrial enterprises to make management decisions to improve business results in their relationship and interdependence
References
[1] Tylchynska, S.O., Kyrychenko, S.O., & Alariky, S.N. (2018). Financial stability as a component of the economic efficiency of the enterprise. Retrieved from http://www.economy.nayka.com.ua/pdf/4_2018/3.pdf.
[2] Tkachenko, Ye.Yu., Fatiukha, V.V., & Yaryshko, O.V. (2021). Financial stability of the enterprise: Essence and fundamentals of management. Market Infrastructure, 56, 129-134. doi: 10.32843/infrastruct56-22.
[3] Mishkin, F.S. (1999). Global financial instability: Framework, events, issues. Journal of Economic Perspectives, 13(4): 3-20. doi: 10.1257/jep.13.4.3.
[4] Levkovich, O., & Kalashnikova, Yu. (2021). Financial stability as a prerequisite for innovative development of the enterprise. Retrieved from http://www.economy.nayka.com.ua/?op=1&z=8776.
[5] Yasinovska, I. F. (2016). Modern approaches to assessing the financial stability of enterprises. European Perspective, 2, 169-175.
[6] Paіanok, T., Savchenko, A., & Moroziuk, A. (2020). Overall assessment of the financial condition of the enterprise: theoretical and practical approaches. Economy and State, 12, 88-94. doi: 10.32702/2306-6806.2020.12.88.
[7] Mamatova, T.V., Chykarenko, I.A., Moroz, E.G., Yepifanova, I.Yu., & Kudlaieva, N.V. (2020). Management of enterprises and organizations under the conditions of sustainable development. International Journal of Management, 11(4), 151-159.
[8] Osovsky, S. (2002). Neural networks for data processing. Moscow: Finance and Statistics.
[9] Eurostat regional yearbook 2017. (2017). Retrieved from https://ec.europa.eu/regional_policy/en/newsroom/news/2017/09/14-09-2017-eurostat-regional-yearbook-2017.