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Information × Registration Number 0221U105125, 0114U002645 , R & D reports Title Forming strategic areas of financial management of businesses in terms of Global Challenges. popup.stage_title Head Cherep Oleksandr H., Registration Date 07-06-2021 Organization Zaporizhzhia National University popup.description2  Object of study: finance of business entities. Purpose: development of methodological approaches to the formation of strategic areas of financial management of business entities in the context of globalization challenges. Research methods: observation; graphical and analytical method; economic and mathematical methods; comparisons analysis and synthesis; factor analysis; expert assessment method; functional analysis; regression analysis method; parametric analysis; experimental. The fundamentals of financial management of business entities are investigated. It is proved that in the conditions of a globalization economy, requirements for management are increasing. Financial activity in all its forms cannot be reduced only to the satisfaction of financial needs, determined by the need to manage certain types of current assets, replace non-current assets, which are disposed of or their current growth due to changes in the volume of economic activity. It has been revealed that at the present stage, an increasing number of business entities are aware of the need for prospective financial management based on the scientific methodology of anticipating its directions and forms, adapting to common development goals and changing environmental conditions. It is proved that an effective tool for the long-term financial management of business entities, subordinate to the implementation of the goals of its overall development in the face of significant changes in macroeconomic indicators, is the financial strategy. It is proved that the success of strategic financial management is guaranteed when strategic goals correspond to real financial opportunities, when financial management is clearly centralized, and the methods for its implementation are flexible and adequate to changes in the financial and economic parameters of the development of business entities. It was determined that enterprises that own a strategy and introduce strategic financial management behave consistently a Product Description popup.authors Seysebayeva Nataliya H. popup.nrat_date 2021-06-07 Close