SCIENTIFIC AND METHODOLOGICAL PRINCIPLES FOR ASSESSING INVESTMENT SUPPORT FOR THE DEVELOPMENT OF A MANUFACTURING ENTERPRISE
Abstract
The article examines the methodological principles for assessing investment support for the development of a manufacturing enterprise. It is substantiated that, for manufacturing enterprises, investment support should not be interpreted only as the availability of financial resources, since it includes a broader set of organizational, technical, managerial and analytical conditions necessary for the implementation of investment decisions. The purpose of the article is to substantiate the methodological principles of assessing the investment support for the development of an enterprise in the manufacturing sector and to form a comprehensive approach to determining its investment capacity. The article defines investment support as a system of formation, attraction, allocation and use of investment resources aimed at renewal of fixed assets, modernization of technologies, improvement of product quality, reduction of production costs and strengthening of competitive positions. The regulatory framework in this area has been analyzed. The study summarizes the main methodological approaches to assessing investment support, including resource-based, performance-based, systemic, strategic and risk-oriented approaches. It is argued that none of these approaches can independently provide a complete assessment of investment support, especially in the case of manufacturing enterprises, where investment results depend not only on financial indicators but also on the condition of production facilities, technological level, energy intensity, material consumption, product quality and market demand. The article proposes the use of an integrated methodological approach combining financial, production, technical and market indicators. Particular attention is paid to indicators of financial stability, investment activity, profitability, payback period, renewal and depreciation of fixed assets, as well as indicators reflecting the impact of investment decisions on production efficiency. The practical value of the research lies in the formation of a methodological basis that can be used for diagnosing the investment capacity of manufacturing enterprises and substantiating directions for modernization, technological renewal and long-term development.
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