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Key factors and methods of formation company’s financial strategy

https://doi.org/10.53315/2949-1177-2023-2-4-36-42

Abstract

Developing a financial strategy for a modern company is one of the main directions for increasing business performance. Effective implementation of the financial strategy ensures an improvement in the structure of the company’s funds and their sources. To maintain its position in the market, a company must constantly study the factors shaping its financial strategy. The article analyzes the financing methods used in the formation of financial strategies of the organization. The choice of financial strategy occurs as a result of a multidimensional assessment of the company’s environment and is a consequence of the company’s position in its environment, its competence, market situation and level of awareness of this situation, predicted directions of changes in the company’s environment and the level of risk appetite.

About the Authors

L. Ts. Badmakhalgaev
Kalmyk State University named after B.B. Gorodovikov
Russian Federation

Doctor of Economics, Professor

Elista



M. P. Sarunova
Kalmyk State University named after B.B. Gorodovikov
Russian Federation

Candidate of Economic Sciences, Associate Professor

Elista



N. A. Burguev
Rosguard Department of the Republic of Kalmykia
Russian Federation

specialist

Elista



References

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2. Ilysheva N.N. Analiz finansovoj otchetnosti: uchebnik [Analysis of financial statements: textbook] N.N. Ilysheva, S.I. Krylov. M.: Finance and Statistics. 2021. 370 p. [in Russian].

3. Lavlinskaya A.L. Analiz finansovoj otchetnosti: uchebnik [On the financial strategy for the development of an insolvent enterprise] T.S. Savinkova. Financial Bulletin. 2018. Nr. 1. P. 21-28 [in Russian].

4. Matveev V.V., Rezvyakova I.V. Perspektivnye napravleniya razrabotki finansovoj strategii predpriyatiya [Prospective directions for developing the financial strategy of an enterprise] Bulletin of the Academy of Knowledge. 2020. Nr. 41(6). pp. 340-346 [in Russian].

5. Stratiy N.Yu., Konin A.S. Osobennosti formirovaniya finansovoj strategii malyh i srednih predpriyatij [Features of the formation of the financial strategy of small and medium-sized enterprises] Bulletin of the National Academy of Tourism. 2020. Nr. 4(56). pp. 76-79 [in Russian].


Review

For citations:


Badmakhalgaev L.Ts., Sarunova M.P., Burguev N.A. Key factors and methods of formation company’s financial strategy. Economic policy and financial resources. 2023;2(4):36-42. (In Russ.) https://doi.org/10.53315/2949-1177-2023-2-4-36-42

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