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Operational Management under Conditions of Readjustment of a Company

Author

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  • Shchekovich Yelena S.

    (Kryvyi Rih Economic Institute of the Kryvyi Rig National University)

Abstract

Issues, connected with readjustment of a company, have important practical significance in the process of development of market relations in Ukraine. A necessity to conduct readjustment of a company with the purpose of taking it out of a deep crisis arose under conditions when practically all chains of the financial system are in difficult situation. At present, every subject, irrespective of the type of main activity and form of ownership of a company, should give a real assessment of both own financial state and financial state of potential partners and counter-agents. Instable financial state of a company is a reason of its insolvency and deterioration of financial stability, which results in unplanned losses and even bankruptcy. On the basis of this, the study of financial principles of conduct of readjustment measures and stabilisation of activity of a company is important for provision of its further activity under market conditions. The goal of the article is analysis of importance of the conduct of readjustment measures for a company and country economy under conditions of instability; and study of principles of conduct of readjustment and directions of stabilisation of activity of a company. The article considers main problems in the sphere of regulation of the bankruptcy procedure. It specifies types of directions, conducted within financial sanitation of subjects of entrepreneurial activity. It generalises types of readjustment actions within company restructurisation.

Suggested Citation

  • Shchekovich Yelena S., 2013. "Operational Management under Conditions of Readjustment of a Company," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 5, pages 238-242.
  • Handle: RePEc:idp:bizinf:y:2013:i:5:p:238_242
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