IDEAS home Printed from https://ideas.repec.org/a/nos/itrzhq/9.html
   My bibliography  Save this article

Financial equilibrium as basis for enterprise’s sustainable development: economic and mathematical foundation

Author

Listed:
  • Gudz Tetiana

    (Poltava University of Economics and Trade)

Abstract

Using correlation-regression analysis the impact of financial equilibrium on the sustainable development of the enterprise is investigated. The current insufficient level of methodology for assessing enterprise’s sustainable development causes scientific search for its diagnosis’s special tools. Relationship between enterprise’s sustainable development and its financial situation is poorly researched. The economic-mathematical model of financial equilibrium’s impact on enterprise’s sustainable development is developed. It is described by influence of four factors on financial potential’s internal growth ratio, which is an indicator of enterprise’s sustainable development. Influencing factors are first and second indicators of financial equilibrium, financial leverages in assets and capital. The economic-mathematical model of the relationship between the coefficient of internal growth of the financial potential of the enterprise and the indicators of its financial equilibrium is developed. The obtained economic-mathematical model allows to predict the tendency of sustainable development depending on the actual establishment of enterprise’s financial equilibrium as well as to model the probable changes in its financial status. Application of the economic-mathematical model is aimed at improving quality level of enterprise’s financial management.

Suggested Citation

  • Gudz Tetiana, 2017. "Financial equilibrium as basis for enterprise’s sustainable development: economic and mathematical foundation," Technology audit and production reserves, 5(37) 2017, Socionet;Technology audit and production reserves, vol. 5(4(37)), pages 51-56.
    • Handle: RePEc:nos:itrzhq:9
    as

    Download full text from publisher

    File URL: http://journals.uran.ua/tarp/article/view/113161
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ronald Bergin & Nigel Roome, 2006. "Sustainable development in an industrial enterprise: the case of Ontario hydro," ULB Institutional Repository 2013/14148, ULB -- Universite Libre de Bruxelles.
    2. Dan S. Dhaliwal & Oliver Zhen Li & Hong Xie, 2010. "Institutional Investors, Financial Health, and Equity Valuation," Asia-Pacific Journal of Accounting & Economics, Taylor & Francis Journals, vol. 17(2), pages 151-173.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sebahattin Demirkan & Harlan Platt, 2018. "Differential Investors Response to Restatement Announcements: An Empirical Investigation," Journal of Economics and Financial Analysis, Tripal Publishing House, vol. 2(2), pages 29-59.
    2. Rudawska Edyta & Renko Sanda, 2012. "Sustainability as the Direction for the Long-Term Success in Banking: Poland vs. Croatia," Folia Oeconomica Stetinensia, Sciendo, vol. 11(1), pages 97-117, January.

    More about this item

    Keywords

    financial equilibrium; sustainable development; financial potential; financial leverage; economic-mathematical model;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nos:itrzhq:9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Алина Макаренко (email available below). General contact details of provider: http://socionet.ru/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.