FINANCIAL SUPPORT OF THE ADAPTIVE MANAGEMENT SYSTEM OF CONSTRUCTION ENTERPRISES

The article examines the impact of financial support on the management of economic entities and develops a methodical approach to assessing the level of financial support of the system of adaptive management of construction companies. It is noted that today the introduction of modern management sys...

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Main Authors: Lyudmila Kovalenko, Nataliia Spasіv, Hanna Zaporozhets, Iryna Sеgеdа, Alkhatib Faisal
Format: Article
Language:English
Published: FINTECH Alliance LLC 2022-04-01
Series:Фінансово-кредитна діяльність: проблеми теорії та практики
Subjects:
Online Access:https://fkd.net.ua/index.php/fkd/article/view/3624
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author Lyudmila Kovalenko
Nataliia Spasіv
Hanna Zaporozhets
Iryna Sеgеdа
Alkhatib Faisal
author_facet Lyudmila Kovalenko
Nataliia Spasіv
Hanna Zaporozhets
Iryna Sеgеdа
Alkhatib Faisal
author_sort Lyudmila Kovalenko
collection DOAJ
description The article examines the impact of financial support on the management of economic entities and develops a methodical approach to assessing the level of financial support of the system of adaptive management of construction companies. It is noted that today the introduction of modern management systems into the practical activities of construction companies, capable of adapting business entities to the existing conditions of doing business, is of particular importance. It is the financial support that needs special attention in the system of adaptive management of construction companies. The main existing approaches of Ukrainian and foreign scientists to the definition of «financial security» of economic entities are considered. It is established that the financial support of construction companies has certain features related to the specifics of production and economic activities and existing management systems. It is emphasized that the financial support of construction companies significantly affects the overall management system and effective management decisions, due to the possibility of creating certain conditions to maximize net cash flow, the growth of which will increase the self-financing of the entity and reduce its dependence on external sources. The key characteristics and features of financial support of the system of adaptive management of construction enterprises are highlighted. It is concluded that the proposed methodical approach to assessing the level of financial support of the system of adaptive management of construction companies allows to build a universal reliable simulation model with a predetermined level of efficiency and the ability to make additional changes. It is proposed, in the future, to assess the level of financial security of construction companies as an element of adaptive management, which will certainly allow you to make effective management decisions on all activities of the business entity.
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spelling doaj.art-fec8e66cdee34fcf8624d391842f97492023-09-03T06:18:01ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702022-04-0124310.55643/fcaptp.2.43.2022.3624FINANCIAL SUPPORT OF THE ADAPTIVE MANAGEMENT SYSTEM OF CONSTRUCTION ENTERPRISES Lyudmila Kovalenko0Nataliia Spasіv1Hanna Zaporozhets 2Iryna Sеgеdа3Alkhatib Faisal4Ph. D. of Physical and Mathematical Sciences, Associate Professor, O. M. Beketov National University of Urban Economy in Kharkiv, UkraineDoctor of Economics, Associate Professor, West Ukrainian National University, Ternopil, UkrainePh. D. in Economics, Associate Professor, O. M. Beketov National University of Urban Economy in Kharkiv, UkrainePh. D. in Economics, O. M. Beketov National University of Urban Economy in Kharkiv, UkrainePh. D. student, O. M. Beketov National University of Urban Economy in Kharkiv, Ukraine The article examines the impact of financial support on the management of economic entities and develops a methodical approach to assessing the level of financial support of the system of adaptive management of construction companies. It is noted that today the introduction of modern management systems into the practical activities of construction companies, capable of adapting business entities to the existing conditions of doing business, is of particular importance. It is the financial support that needs special attention in the system of adaptive management of construction companies. The main existing approaches of Ukrainian and foreign scientists to the definition of «financial security» of economic entities are considered. It is established that the financial support of construction companies has certain features related to the specifics of production and economic activities and existing management systems. It is emphasized that the financial support of construction companies significantly affects the overall management system and effective management decisions, due to the possibility of creating certain conditions to maximize net cash flow, the growth of which will increase the self-financing of the entity and reduce its dependence on external sources. The key characteristics and features of financial support of the system of adaptive management of construction enterprises are highlighted. It is concluded that the proposed methodical approach to assessing the level of financial support of the system of adaptive management of construction companies allows to build a universal reliable simulation model with a predetermined level of efficiency and the ability to make additional changes. It is proposed, in the future, to assess the level of financial security of construction companies as an element of adaptive management, which will certainly allow you to make effective management decisions on all activities of the business entity. https://fkd.net.ua/index.php/fkd/article/view/3624financial supportconstruction enterprisesadaptive managementsystemmethodical approachestimation
spellingShingle Lyudmila Kovalenko
Nataliia Spasіv
Hanna Zaporozhets
Iryna Sеgеdа
Alkhatib Faisal
FINANCIAL SUPPORT OF THE ADAPTIVE MANAGEMENT SYSTEM OF CONSTRUCTION ENTERPRISES
Фінансово-кредитна діяльність: проблеми теорії та практики
financial support
construction enterprises
adaptive management
system
methodical approach
estimation
title FINANCIAL SUPPORT OF THE ADAPTIVE MANAGEMENT SYSTEM OF CONSTRUCTION ENTERPRISES
title_full FINANCIAL SUPPORT OF THE ADAPTIVE MANAGEMENT SYSTEM OF CONSTRUCTION ENTERPRISES
title_fullStr FINANCIAL SUPPORT OF THE ADAPTIVE MANAGEMENT SYSTEM OF CONSTRUCTION ENTERPRISES
title_full_unstemmed FINANCIAL SUPPORT OF THE ADAPTIVE MANAGEMENT SYSTEM OF CONSTRUCTION ENTERPRISES
title_short FINANCIAL SUPPORT OF THE ADAPTIVE MANAGEMENT SYSTEM OF CONSTRUCTION ENTERPRISES
title_sort financial support of the adaptive management system of construction enterprises
topic financial support
construction enterprises
adaptive management
system
methodical approach
estimation
url https://fkd.net.ua/index.php/fkd/article/view/3624
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AT hannazaporozhets financialsupportoftheadaptivemanagementsystemofconstructionenterprises
AT irynasegeda financialsupportoftheadaptivemanagementsystemofconstructionenterprises
AT alkhatibfaisal financialsupportoftheadaptivemanagementsystemofconstructionenterprises