MANAGEMENT OF THE COMPANY'S FINANCIAL POLICY FOR THE PURPOSE OF ENHANCING OPERATIONAL STABILITY

Abstract

The relevance of the research is driven by the necessity to address the challenges faced by modern enterprises in the context of financial policy management. Given the increasing competition, economic instability, and rapid market changes, the correct strategy in financial management becomes a crucial factor for the successful operation of a business. The research aims to tackle these challenges and identify optimal approaches to financial resource management to ensure stability and efficiency. The purpose of the article is to highlight the significance of effective financial policy management in enterprises and justify the relevance of employing factor analysis, particularly the principal component method, for an in-depth study of this issue. The research is based on the analysis of financial indicators of the Limited Liability Company "Manufacturing Enterprise "Ukrkabel" for the period 2020-2022. The chosen methodology involves factor analysis, known for its effectiveness in determining key financial factors of the enterprise, and the principal component method, providing a thorough examination of these factors. The obtained results revealed two main components, characterized by financial stability and liquidity, as well as profitability and asset utilization optimization. Specifically, the first component emphasizes the importance of rational management of accounts receivable and liquidity preservation, while the second component focuses on the significance of asset utilization optimization. The practical value of the article lies in the fact that the results obtained can be utilized for the development of specific strategies for managing the financial policy of the enterprise. Recommendations derived from the analysis will contribute to optimizing business processes and addressing financial challenges, potentially positively impacting the stability and efficiency of the enterprise. Considering the provided recommendations, the research becomes more detailed and specific, unveiling not only the methodological approach but also the specificity and significance of the obtained results.