THEORETICAL AND METHODOLOGICAL PRINCIPLES OF FORM-ING A STABLE SYSTEM OF FINANCIAL DEVELOPMENT OF ENTI-TIES OF THE ENTREPRENEURIAL SECTOR

Keywords: financial development, entrepreneurial sector, financial stability, institutional environment, digitalization of the economy, financial risks, integrated assessment

Abstract

The article deepens the theoretical and methodological principles of forming a stable system of financial development of business entities in the conditions of transformational changes and growth of financial risks. The es-sence of financial development of business entities is revealed. Internal and ex-ternal factors of influence are determined, in particular the institutional envi-ronment and digitalization of the economy. The author's interpretation of fi-nancial development is proposed and the concept of a stable system of finan-cial development of business entities as an integrated set of financial, economic and institutional elements is clarified. The concept of stable equilibrium in the system of financial development of business entities is developed and meth-odological approaches to its assessment are improved based on coefficient, in-tegral, rating, discriminant and Big Data analysis, which provides comprehen-sive diagnostics of financial condition and risk forecasting.

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Ayyagari M., Demirgüç-Kunt A., Maksimovic V. Small vs Young Firms Across the World: Contribution to Employment, Job Creation and Growth. World Bank Policy Research Working Paper. 2011. 59 p.

Beck T., Demirgüç-Kunt A., Levine R. Finance, Inequality and Pov-erty: Cross-Country Evidence. World Bank Policy Research Working Paper. 2004. 36 p.

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Demirgüç-Kunt A., Maksimovic V. Funding Growth in Bank-Based and Market-Based Financial Systems: Evidence from Firm-Level Data. Journal of Financial Economics. 2002. Vol. 65(3). P. 337-363.

Dutta S., Meierrieks M. Financial Development and Entrepreneurship. International Review of Economics & Finance. 2021. Vol. 73. P. 114-126.

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Shevchenko V. Digitalization and International Access to Finance. Management. 2023. Vol. 2. P. 145-154.

Volkova N., Volkova V. Financial Market of Ukraine: Modern Chal-lenges and Innovations. Economy and Region. 2025. Vol. 4(99). P. 77-84.

Zaporozhets S., Tryhub Y. Ecosystem and Regulation of Financial Inclusion in Ukraine. Financial Space. 2021. Vol. 4(44). P. 45-52.

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Published
2026-05-26
How to Cite
Trusova, N., & Pohribnyi, R. (2026). THEORETICAL AND METHODOLOGICAL PRINCIPLES OF FORM-ING A STABLE SYSTEM OF FINANCIAL DEVELOPMENT OF ENTI-TIES OF THE ENTREPRENEURIAL SECTOR. Economy and Society, (86). https://doi.org/10.32782/2524-0072/D2026-86-206

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