УПРАВЛІННЯ КАПІТАЛОМ ПРОМИСЛОВИХ ПІДПРИЄМСТВ

Abstract

Today, industry is one of the most vulnerable sectors of Ukraine’s economy. Some industrial enterprises are inefficient because the existing fixed assets are obsolete and their own funds are insufficient for their renewal also little attention is paid to capital management. The article examines the essence of the concept of capital and its management. It is proposed to define capital as a certain resource (money, labor, etc.), which is aimed at carrying out the activities of the enterprise to obtain a profit of the enterprise. The scheme was developed, which reflects the main objectives of capital management of an industrial enterprise, in particular: minimizing possible financial risks at the planned level of return on capital and effective financial control; rational use of the generated capital of an industrial enterprise; ensuring sufficient capital; timely reinvestment of capital and ensuring its turnover; creating a favorable financial climate for maximum profit and others. The process of capital structure management in terms of equity and loan capital management is analyzed. The tasks facing the management of equity and borrowed capital are disclosed. It is determined that any industrial enterprise has two functional subsystems: management of capital formation and management of capital use. It is noted that the effective formation and accumulation of capital value is ensured by several factors: the current assets of the enterprise and the amount of value added formed as a result of asset turnover. The dynamics of the number of industrial enterprises and the value of their current assets were analyzed, revealing that since 2016 the number of industrial enterprises decreased significantly compared to 2015 and in 2017 was unchanged, but in 2020 significantly increased compared to 2015 increased by 0.35%. Current assets of industrial enterprises increased by almost 84% in 2020 compared to 2015. The basic principles of capital management, which contribute to the formation of the environment to achieve the main goal of capital management to effectively optimize the operation of the enterprise.