Directions for improving the capital management policy of enterprises

Abstract

The current state of development of the economic system, complex operating conditions determine the need to find methods for optimizing capital management to increase the overall efficiency of activities, minimize costs and develop economic interaction between business entities. Today, enterprises are forced to change the forms of their own activities, adapting to significant risks, seek methods for optimizing their own activities, ensuring the stability of production processes, trying to maintain an acceptable level of profitability. Working in difficult conditions, companies try to maintain solvency and financial stability. The article analyzes the problem of the efficiency of capital management of enterprises, identifies the main approaches to assessing the effectiveness of the production factor management system. Considerable attention is paid to the problems of forming an optimal and functional capital structure, assessing the turnover of financial and material resources, finding opportunities to ensure sustainable economic growth of business entities, ways to achieve financial stability, solvency, and the optimal level of asset liquidity. The features of the processes of capital formation of companies under conditions of uncertainty, methods for ensuring the stability of economic processes are identified. The main factors that hinder the development of business entities are outlined. The need to use information technologies to ensure optimal forms of planning, analysis and control over business operations is substantiated. It is noted that there is a need to improve the forms of interaction of economic entities to ensure the optimal level of financial protection, and to intensify economic cooperation. The factors that influence the efficiency of resource management processes, their formation, optimization of the asset structure, their profitability, forms of turnover, and directions for stabilizing companies' cash flows in order to increase profits are outlined. One of the main factors in optimizing the capital management system is the use of modern information technologies in planning, analysis and forecasting. Considerable attention is paid to the processes of ensuring the sustainability of economic development.