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Theoretical Substantiation Of Main Constituents Of Financial Position Of An Enterprise: Reliability, Solvency And Financial Stability

Author

Listed:
  • V.I. OSPISHCHEV

    (Kharkov State University of food technologies and trade, Ukraine)

  • I.V. NAGORNAJA

    (Kharkov State University of food technologies and trade, Ukraine)

Abstract

Financial system of Ukraine has rather complex and multilevel structure. It is stipulated by the fact that, on one hand, macroeconomic instability and, on the other hand, lack of experience of working in competitive environment led to arising and deepening of crisis at the national enterprises. Due to the acute problem of insolvency of an economic entity the necessity of its forecasting and regulating on the national level, developing of the diagnostics system and preventing insolvency as well as forming strategy of recovering from crisis situation arose. Indices of reliability, solvency, financial stability that characterizes relationships between counterparts were considered. Approaches to determining financial stability, characteristics of unstable financial position and main features of crisis financial position of an enterprise were offered.

Suggested Citation

  • V.I. Ospishchev & I.V. Nagornaja, 2009. "Theoretical Substantiation Of Main Constituents Of Financial Position Of An Enterprise: Reliability, Solvency And Financial Stability," EuroEconomica, Danubius University of Galati, issue 1(22), pages 35-39, May.
    • Handle: RePEc:dug:journl:y:2009:i:1:p:35-39c:dug:journl:y:2009:i:1:p:35-39
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    Citations

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    Cited by:

    1. Miron Vasile-Cristian-Ioachim, 2015. "Financial Position And Its Relevance To Stakeholders," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 356-365, April.
    2. Marian Catalin Corici & Camelia Avram Boitos & Fulop Arpad Zoltan, 2017. "Financial Position – Overview of Economic Performance in the Energy Mining Industry," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(1), pages 297-305, January.

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