DOI: 10.32702/2306-6806.2022.1.39
УДК: 657.471
С. М. Халатур, О. В. Гончаренко, Н. Д. Хомук
ІНСТРУМЕНТАРІЙ ФІНАНСОВОГО ІНЖИНІРИНГУ ДЛЯ КОМПЛЕКСНОЇ ОЦІНКИ ФІНАНСОВОГО СТАНУ ПІДПРИЄМСТВ
Анотація
Метою цієї роботи було розглянути концепцію, інструменти, характер, застосування та драйвери зростання фінансового інжинірингу в рамках оцінки фінансового стану підприємства. Фінансовий інжиніринг обгрунтовується як мультидисциплінарне дослідження, яке застосовує інструментарій математики, методики інженерії, економічні принципи та фінансові теорії як рішення проблем у фінансах та як допомогу фінансовим рішенням суб'єктів господарювання. Фінансовий інжиніринг відіграє значну роль на будь-якому підприємстві та здійснює значний вплив на фінансовий стан підприємств. Проте варто зазначити, що на ринках капіталу не вистачає фінансово-інженерних продуктів, як-от: деривативи. Фінансовий інжиніринг може бути застосований у сфері ціноутворення похідних фінансових інструментів, корпоративних фінансів, управління портфелем, управління ризиками, вартість опціонів. Крім того, спеціалісти з фінансового інжинірингу займаються фінансовим моделюванням, фінансовим аналізом, прогнозуванням ринку, комп'ютерним програмуванням, управлінням фінансовими ризиками, а також вони діють як інвестиційні менеджери, банкіри чи трейдери.
Ключові слова: фінансовий стан; фінансові інструменти; економічна ефективність; прибутковість; підприємство.
Література
1. Офіційний сайт Державної службі статистики України. Показники діяльності суб'єктів господарювання. 2021. URL: http://www.ukrstat.gov.ua/ (дата звернення 30.12.2021).
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4. Khalatur S.M. Important provisions for the development of agriculture of Ukraine. Baltic Journal of Economic Studies. 2017. Vol. 3. Pp. 147—154.
5. Khalatur S., Velychko L., Pavlenko O., Karamushka O. and Huba M. A model for analyzing the financial stability of banks in the VUCA-world conditions. Banks and Bank Systems. 2021. Vol. 16 (1). Pp. 182—194.
6. Khalatur S., Vinichenko I. and Volovyk D. Development of modern business processes and outsourcing activities. Baltic Journal of Economic Studies. 2021. Vol. 7 (3). Pp. 195—202.
7. Khalatur S., Kuprina N. and Kurbatska L. New business strategies formation of enterprises and outsourcing development as a condition for increasing competitiveness in the markets of Europe and Ukraine: comparative analysis. Baltic Journal of Economic Studies. 2021. Vol. 7 (4). Pp. 203—213.
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10. Muhammad Ishfaq Ahmad, Muhammad Akram Naseem, Ramiz ur Rehma, Rizwan Ali, Suhaib Mazoor. Gender diversity in the board and firms performance. International Journal of Financial Engineering. 2021. Vol. 8 (01). Pp. 1—12.
11. Osuoha J. Financial Engineering, Corporate Governance and Nigeria Economic Development. Journal of Financial Risk Management. 2013. Vol. 2. Pp. 61—66.
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S. Khalatur, O. Honcharenko, N. Homuk
FINANCIAL ENGINEERING TOOLS FOR COMPREHENSIVE ASSESSMENT OF FINANCIAL STATUS OF ENTERPRISES
Summary
As part of improving the company's financial condition, improving the use of financial engineering tools should be an important part of its business plan. One of the goals of sustainable development of the enterprise can be defined as economic stabilization. The company's development policy determines which activities will ensure economic stability, and what goals need to be achieved to enhance long-term economic growth. Financial information helps managers use data to make decisions. Lack of financial information for users can lead to inefficient investment decisions, so financial reporting is becoming increasingly popular in the commercial activities of the enterprise.
The purpose of this work was to consider the concept, tools, nature, applications and drivers of financial engineering growth in assessing the financial condition of the enterprise. It is necessary to define economic entities as the core of economic and financial stability of the national economy and the basis for market relations, as any product, service, national wealth, income is created by enterprises and organizations, and income is distributed through redistribution to society, community, workers and investors. Financial engineering is justified as a multidisciplinary study that uses mathematical tools, engineering techniques, economic principles and financial theories as solutions to financial problems and as an aid to financial decisions of economic entities. Financial engineering plays a significant role in any enterprise and has a significant impact on the financial condition of enterprises. However, it should be noted that there is a shortage of financial and engineering products, such as derivatives, in the capital markets. Financial engineering can be applied in the field of pricing of derivative financial instruments, corporate finance, portfolio management, risk management, option value. In addition, financial engineers are involved in financial modeling, financial analysis, market forecasting, computer programming, financial risk management, and act as investment managers, bankers or traders.
Keywords: financial condition; financial instruments; economic efficiency; profitability; enterprise.
References
1. The official site of the State Statistics Service of Ukraine (2021), "Performance indicators of economic entities", available at: http://www.ukrstat.gov.ua/ (Accessed 30.12.2021).
2. Gou, C. (2020), "Research on the Reclassification of Financial Assets", Open Access Library Journal, vol. 7, pp. 1—9.
3. Khalatur, S. M. and Hudym, K. М. (2016), "Systematization and analyse of ТNCs' conduct model during coming into the national agrarian markets", Economic Annals-XXI, vol. 5—6. pp. 34—37.
4. Khalatur, S.M. (2017), "Important provisions for the development of agriculture of Ukraine", Baltic Journal of Economic Studies, vol. 3, pp. 147—154.
5. Khalatur, S. Velychko, L. Pavlenko, O. Karamushka, O. and Huba, M. (2021), "A model foranalyzing the financial stability of banks in the VUCA-world conditions", Banks and Bank Systems, vol. 16(1), pp. 182—194.
6. Khalatur, S. Vinichenko, I. and Volovyk, D. (2021), "Development of modern business processes and outsourcing activities", Baltic Journal of Economic Studies, vol. 7 (3), pp. 195—202.
7. Khalatur, S. Kuprina, N. and Kurbatska, L. (2021), "New business strategies formation of enterprises and outsourcing development as a condition for increasing competitiveness in the markets of Europe and Ukraine: comparative analysis", Baltic Journal of Economic Studies, vol. 7 (4), pp. 203—213.
8. Makdissi, R. Nehme, A. and Chahine, R. (2020), "The Influence of Financial Culture on SME's Financial Performance", Journal of Financial Risk Management, vol. 9, pp. 1—22.
9. Mazin, A.M., Al Janabi, (2015), "Scenario optimization technique for the assessment of downside-risk and investable portfolios in post-financial crisis", World Scientific Publishing, vol. 2 (03), pp. 1—28.
10. Muhammad Ishfaq Ahmad, Muhammad Akram Naseem, Ramiz ur Rehma, Rizwan Ali and Suhaib Mazoor, (2021), "Gender diversity in the board and firms performance", International Journal of Financial Engineering, vol. 8 (01), pp. 1—12.
11. Osuoha, J. (2013), "Financial Engineering, Corporate Goverance and Nigeria Economic Development", Journal of Financial Risk Management, vol. 2, pp. 61—66.
12. Sayyed, I. (2015), "The effects and implications of financial engineering in the corporate world: A review", International Journal of Engineering Research and Development, vol. 11 (12), pp. 76—90.
13. Zhang, Q. (2017), "A Study of Financial Acquisition Risk Identification and Prevention", Modern Economy, vol. 8, pp. 475—483.
№ 1 2022, стор. 39 - 44
Дата публікації: 2022-02-02
Кількість переглядів: 725
