Features of Financial Support of National Construction Companies
Construction is as a whole, and in particular construction of housing, is one of the indicators of economic performance, defines largely both positive, and negative dynamics of its development. The most important financial rating in construction is the level of its financial security. Financing the...
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| Format: | Article |
| Language: | English |
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Mukachevo State University
2019-06-01
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| Series: | Науковий вісник Мукачівського державного університету. Серія Економіка |
| Subjects: | |
| Online Access: | https://economics-msu.com.ua/en/journals/tom-6-1-2019/osoblivosti-finansovogo-zabezpechennya-natsionalnikh-budivelnikh-kompaniy |
| _version_ | 1797302874486603776 |
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| author | Yaroslav Holubka Svitlana Nesterova Halyna Myhalchinets |
| author_facet | Yaroslav Holubka Svitlana Nesterova Halyna Myhalchinets |
| author_sort | Yaroslav Holubka |
| collection | DOAJ |
| description | Construction is as a whole, and in particular construction of housing, is one of the indicators of economic performance, defines largely both positive, and negative dynamics of its development. The most important financial rating in construction is the level of its financial security. Financing the construction process affects development of industry itself, acceleration of gross domestic product growth, as well as to employment, budget revenue growth and national economy of the country as a whole. The question of expanding the sources of financing construction services, as well as determination of their cost, as the main indicator of construction cost, its profitability, implementation of various commercial financing mechanisms, are always urgent owing to stochastic changes in economic space. Article purpose is research of process of storage of its own and assigned financial resources of building organizations, search of the ways and the directions for optimizing the mechanism for managing their financial resources. Methodological base of research consists of the general scientific principles and methods of execution of scientific researches, situations of economical science stated in labour of leading foreign and domestic scientists. Following methods have been applied in the work: analysis and the integration of national experience of existing situations and approaches, theorist-methodological bases on formation and use of financial resources of building enterprises; system analysis; synthesis; classification; economical and financial analysis; graphic analysis. Practical value of received results is the possibility to use modern approaches in the mechanisms of formation advanced forms of the financing sources engagement of construction companies to increase volumes of financial resources in long-term perspective. Scientific novelty of research is in justification of theoristmethodological bases for implementation of the valuable-oriented control strategy of construction companies capital. The important issue is the research of the financial resources distribution models to the appropriate building projects, including with long period of use. Branching of specialised financial institutions is expanded by the limits of private capital participation in building industry, including saves of the population. The structure of the capital of construction companies concerning the features of regional market of building services and needs is a guarantee of success of local construction companies. Hereinafter the questions of studying the structure of the capital and its portfolio will allow investigating optimization of value the components of such portfolio and its influence to qualitative result of construction services |
| first_indexed | 2024-03-07T23:45:13Z |
| format | Article |
| id | doaj.art-75b509df70bb4d00b9f517509761a51d |
| institution | Directory Open Access Journal |
| issn | 2313-8114 2518-1254 |
| language | English |
| last_indexed | 2024-03-07T23:45:13Z |
| publishDate | 2019-06-01 |
| publisher | Mukachevo State University |
| record_format | Article |
| series | Науковий вісник Мукачівського державного університету. Серія Економіка |
| spelling | doaj.art-75b509df70bb4d00b9f517509761a51d2024-02-19T14:03:08ZengMukachevo State UniversityНауковий вісник Мукачівського державного університету. Серія Економіка2313-81142518-12542019-06-016111712310.31339/2313-8114-2019-1(11)-117-123Features of Financial Support of National Construction CompaniesYaroslav Holubka0Svitlana Nesterova1Halyna MyhalchinetsMukachevo State UniversityMukachevo State UniversityConstruction is as a whole, and in particular construction of housing, is one of the indicators of economic performance, defines largely both positive, and negative dynamics of its development. The most important financial rating in construction is the level of its financial security. Financing the construction process affects development of industry itself, acceleration of gross domestic product growth, as well as to employment, budget revenue growth and national economy of the country as a whole. The question of expanding the sources of financing construction services, as well as determination of their cost, as the main indicator of construction cost, its profitability, implementation of various commercial financing mechanisms, are always urgent owing to stochastic changes in economic space. Article purpose is research of process of storage of its own and assigned financial resources of building organizations, search of the ways and the directions for optimizing the mechanism for managing their financial resources. Methodological base of research consists of the general scientific principles and methods of execution of scientific researches, situations of economical science stated in labour of leading foreign and domestic scientists. Following methods have been applied in the work: analysis and the integration of national experience of existing situations and approaches, theorist-methodological bases on formation and use of financial resources of building enterprises; system analysis; synthesis; classification; economical and financial analysis; graphic analysis. Practical value of received results is the possibility to use modern approaches in the mechanisms of formation advanced forms of the financing sources engagement of construction companies to increase volumes of financial resources in long-term perspective. Scientific novelty of research is in justification of theoristmethodological bases for implementation of the valuable-oriented control strategy of construction companies capital. The important issue is the research of the financial resources distribution models to the appropriate building projects, including with long period of use. Branching of specialised financial institutions is expanded by the limits of private capital participation in building industry, including saves of the population. The structure of the capital of construction companies concerning the features of regional market of building services and needs is a guarantee of success of local construction companies. Hereinafter the questions of studying the structure of the capital and its portfolio will allow investigating optimization of value the components of such portfolio and its influence to qualitative result of construction serviceshttps://economics-msu.com.ua/en/journals/tom-6-1-2019/osoblivosti-finansovogo-zabezpechennya-natsionalnikh-budivelnikh-kompaniyfinancial security of construction companiesfinancial institutionsinvestments to constructionsecuritization |
| spellingShingle | Yaroslav Holubka Svitlana Nesterova Halyna Myhalchinets Features of Financial Support of National Construction Companies Науковий вісник Мукачівського державного університету. Серія Економіка financial security of construction companies financial institutions investments to construction securitization |
| title | Features of Financial Support of National Construction Companies |
| title_full | Features of Financial Support of National Construction Companies |
| title_fullStr | Features of Financial Support of National Construction Companies |
| title_full_unstemmed | Features of Financial Support of National Construction Companies |
| title_short | Features of Financial Support of National Construction Companies |
| title_sort | features of financial support of national construction companies |
| topic | financial security of construction companies financial institutions investments to construction securitization |
| url | https://economics-msu.com.ua/en/journals/tom-6-1-2019/osoblivosti-finansovogo-zabezpechennya-natsionalnikh-budivelnikh-kompaniy |
| work_keys_str_mv | AT yaroslavholubka featuresoffinancialsupportofnationalconstructioncompanies AT svitlananesterova featuresoffinancialsupportofnationalconstructioncompanies AT halynamyhalchinets featuresoffinancialsupportofnationalconstructioncompanies |