Preview

Proceedings of the Voronezh State University of Engineering Technologies

Advanced search

The formation of the economic mechanism of stabilization of enterprise’s activity

https://doi.org/10.20914/2310-1202-2018-1-267-272

Abstract

The authors bring the research of regularities of enterprise’s economic development; bring the research of change sequence of life cycle stages in the article. There is established that a stage of maturity not always gives way to decline stage and in the next to crisis stage. Life processes of "ageing" of the enterprise can be successfully resisted. It is proved that the stage of maturity of the enterprise is associated with a "crisis of stability". Getting into the stages of recession, growth or maintaining stability becomes the way out of the crisis. The authors prove that there are such zones of staying on the life cycle’s curve in the practice of commercial organizations functioning when it is necessary to use the mechanism of stabilization (at detection of "crisis of stability", at transfer from the stage of maturity to the stage of recession and at diagnostics of hit to the stage of recession). In this regard the authors elaborate an economic mechanism for stabilization of the enterprise’s activity as a system of measures aimed at maintaining the achieved financial balance of the enterprise in a long period, which includes the following blocks: information support of the assessment of financial condition; assessment of the level of payment, business and capital stability of the enterprise; determination of the stage of the enterprise’s life cycle; characteristics of the applicable strategy; the need to use the tools for adjust the strategy to stabilize the enterprise’s activity and evaluate the results. At the same time, it is important to focus on maintaining achievable growth rates through the using of special management decisions, along with monitoring the life cycle and controlling the financial condition of the enterprise. The introduction of the economic stabilization mechanism in the enterprise’s activity jointly with the existing organizational and economic mechanism will correct the elements of the basic mechanism and will ensure the economic stability of the commercial organization.

About the Authors

L. A. Zaporozhtseva
Voronezh state agrarian university
Russian Federation
Dr. Sci. (Econ.), professor, Finance and credit department, Michurina St., 1 Voronezh, 394087, Russia


Yu. V. Marysheva
Voronezh state agrarian university
assistant, Finance and credit department, Michurina St., 1 Voronezh, 394087, Russia


Yu. V. Tkacheva
Voronezh state agrarian university
Cand. Sci. (Econ.), associate professor, Finance and credit department, Michurina St., 1 Voronezh, 394087, Russia


References

1. Blank I.A. Finansovaya strategiya predpriyatiya [Financial strategy of the enterprise] Kiev, Elga, Nika-Tsentr, 2004. 720 p. (in Russian)

2. Krush Z.A., Tkacheva Y.V. Innovative approach to the diagnosis of financial insolvency of agricultural enterprises. Ekonomika sel’skokhozyaistvennykh predpriyatii [Economics of agricultural and processing enterprises] 2010. no. 5. pp. 61–65. (in Russian)

3. Mezhonis Z.V. Organizational changes management: improving of the quality of the decision-making using the new theory of factors of production. Izvestiya VGTU [Proceedings of Volgograd state technical university] 2013. vol. 16. no. 11 (114). pp. 56–62. (in Russian)

4. Chandler A.D. Strategy and Structure: A Chapter in the History of Industrial Enterprises. Cambridge, Mass, MIT Press, 1962. 210 р.

5. Hanks S.H. The Organization Life Cycle: Integrating 8. Content and Process. Journal of Small Business Strategy. 1990. no. 1. pp. 1–13.

6. Kovalev V.V. Finansy predpriyatii [Finance of the enterprises] Moscow, TK Velbi, Prospekt, 2011. 450 p.

7. Sheremet A.D., Negashev E.V. Metodika finansovogo analiza deyatel’nosti [Technique of the financial analysis of activity of commercial organizations] Moscow, INFA-M, 2011. 237 p. (in Russian)

8. Golovkina O.V. Mekhanizm otsenki finansovo-ekonomicheskogoi stabil’nosti predpriyatiya [Mechanism of evaluation of financial and economic stability of the enterprise] Volgograd, VGU, 2003. 24 p. (in Russian)

9. Zubkova V.I., Umerova D.O. Mechanisms of financial stabilization of the enterprise. Science time. 2016. no. 4 (28). pp. 316–320. (in Russian)

10. Saprykina Y.A. Rational decision-making process in the stabilization of the financial state of the enterprise. Nauchnye issledovaniya [Scientific researches: from theory to practice] 2016. no. 1 (7). pp. 285–287 . (in Russian)

11. Adizes I.K. Upravlenie zhiznennym tsiklom [Lifecycle management of the corporation] Saint-Petrsburg, Piter, 2007. 383 p. (in Russian)

12. Greiner L.E. Evolution and revolution in the growth process of the. organizations. Vestnik SPbU [Proceedings of Saint-Petersburg university. Series Management] 2002. no. 4. pp. 76–94. (in Russian)

13. Gradov A.P., Kuzin B I. Strategiya I taktika antikrizisnogo [Strategy and tactics of crisis management of the firm] Saint-Petersburg, Spets.literatura, 1996. 510 p. (in Russian)

14. Zaporozhtseva L.A. The lifecycle of the enterprise and its relationship with the level of strategic economic security. Sotsial’no-ekonomicheskie yavleniya I protsessy [Socio-economic phenomena and processes] 2014. no. 12. pp. 81–89. (in Russian)

15. Egunova N.I. The development of the organizational structure of enterprises based on the theory of lifecycles. Vestnik BGU [Bulletin of the Buryat state university] 2011. no. 2. pp. 13–17. (in Russian)


Review

For citations:


Zaporozhtseva L.A., Marysheva Yu.V., Tkacheva Yu.V. The formation of the economic mechanism of stabilization of enterprise’s activity. Proceedings of the Voronezh State University of Engineering Technologies. 2018;80(1):267-272. (In Russ.) https://doi.org/10.20914/2310-1202-2018-1-267-272

Views: 645


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2226-910X (Print)
ISSN 2310-1202 (Online)