Actual problems of innovative economy and law

Journal "Actual problems of innovative economy and law" is included in category B for specialties: in the field of knowledge "Management and administration": 073, 076 (order of the Ministry of Education and Science of Ukraine dated 23.08.2023 No. 1035) and 071, 072, 075 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543); in the field of knowledge "Social and behavioral sciences" 051 (order of the Ministry of Education and Science of Ukraine dated August 23, 2023 No. 1035); in the field of knowledge "Law" - 081 and "Public management and administration" - 281 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543).
Registration of an entity in print media: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1390 dated 11/16/2023. Media identifier: R30-02018
The journal is indexed in the International Scientific Center of Index Copernicus International

Forming investment strategy of international economic actor

УДК 631.164.23: 339.9.012

DOI: https://doi.org/10.36887/2524-0455-2019-3-1

ЛАРІНА Тетяна Федорівна,
доктор економічних наук, доцент, завідувач кафедри агрологістики і управління ланцюгами постачань Харківського національного технічного університету сільського господарства ім. Петра Василенка
ORCID ID: https://orcid.org/0000-0003-3149-8430
ПОТИШНЯК Олена Миколаївна,
доктор економічних наук, доцент, професор кафедри організації виробництва, бізнесу та менеджменту Харківського національного технічного університету сільського господарства ім. Петра Василенка
ORCID ID: orcid.org/0000-0002-3434-6208


 Abstract

As a starting hypothesis is the fact of non-universality of the existing mechanisms of investment strategy formation is accepted, which necessitates their improvement and adaptation taking into account the variability of the environment and current tendencies of development of international economic relations.

The purpose of the work was to analyze theoretical provisions and develop practical recommendations for improving the efficiency of the enterprise investment strategy formation as a international economic actors.

The most important objective factors are the effective formation and use of financial resources in ensuring the development of an enterprise at the present stage of international business operation, which is primarily related to the use of new systems and methods of managing these processes. Considerable influence on the market situation of instability factors is taken into account. It is proved that under these conditions the role of investment strategy, which provides priority directions of enterprise development in international business, is significantly increasing. One of the important steps in the process of developing an investment strategy is to analyze the financial position of the company. The potential of tools and methods of economic and mathematical financial analysis is revealed for forming an effective investment strategy of enterprises – subjects of international business.

It is concluded that the investment strategy of the enterprise – international economic actors is described by a balanced system of integral and integrated indicators of investing capital expediency in the investing object, which reflects the prospects of development, efficiency of resources using and assets, their liquidity, solvency status and financial stability as well as some informal aspects of the enterprise. Cluster analysis, matrix analysis, taxonomic analysis have been presented as the most promising and effective ones. The methods of their use for practical application in investment management are presented.

Keywords: investment strategy, international economic relations, cluster analysis, matrix analysis, taxonomic analysis.

References

  1. Makarij, N. P. (2015). «Estimation of investment attractiveness of Ukrainian enterprises». Ekonomist. № 10, рр. 52 – 54.
  2. Rudnichenko, Ye. M., Riasnykh, Ye. H., Havlovs’ka, N. I. (2015). Investytsijnyj menedzhment. [Investment management]. KhNU, Khmelnitsky. Kyiv. Ukraine.
  3. Yukhymchuk, S. V., Suprun, S. D. (2014). «Matrix model of estimation of investment attractiveness of industrial enterprises». Finansy pidpryiemstv. № 1, рр. 15 – 20.
  4. Suprun, S. D. (2012). «Evaluation of the efficiency of investment projects of enterprises». Finansy Ukrainy. № 4, рр. 82 – 87.
  5. Dontsov, S. S. (2016). «Assessment of the investment attractiveness of an enterprise by analyzing the reliability of its securities». Fynansovyj menedzhment. № 3, рр. 78 – 84.
  6. Katan, L. I., Khorishko, K. S. (2018). «Evaluation of investment attractiveness of the enterprise». Investytsii: praktyka ta dosvid. № 15, рр. 22–24.
  7. Blank, Y. A. (2010). Ynvestytsyonnyj menedzhment. [Investment Management]. Kondor. Kyiv. Ukraine.
  8. Koiuda, V. O., Lepejko, T. I., Koiuda, O. P. (2016). Osnovy investytsijnoho menedzhmentu. [Fundamentals of investment management]. Kondor. Kyiv. Ukraine.
  9. Kalynyna, V. N. (2016). Vvedenye v mnohomernyj statystycheskyj analyz. [Introduction to multidimensional statistical analysis]. Tekhnyka. Moscow. Russia.
  10. Bubenko, P. T., Shakhanova, H. A. (2016). Metodychni pidkhody do otsinky investytsijnoi pryvablyvosti pidpryiemstva. [Methodical approaches to estimation of investment attractiveness of the enterprise]. Visnyk NTU «KhPI». Bulletin of NTU “KPI”. № 66 (1039). Available at: http://library.kpi.kharkov.ua/vestnik6.html.
  11. Butenko, D. S. Faktory vplyvu na investytsijnu pryvablyvist’ pidpryiemstva. [Factors of influence on the investment attractiveness of the enterprise]. Available at: http://www.global-national.in.ua/archive/2-2014/82.pdf.
  12. Butyrina, V. M., Vereschaieva, V. A. Vyznachennia finansovoi stratehii rozvytku pidpryiemstva. [Definition of financial strategy of enterprise development]. Available at: http://www.nbuv.gov.ua/portal/chem_biol/nvnltu /21_7/ 177_ But.pdf.
  13. Zabarina, K. F., Nechaieva, I. A. (2014). «Features of the use of strategic management tools for the purpose of complex assessment of financial activity of the enterprise». Ekonomichnyj analiz. № 3. S. 37–43.

The article was received 15.04.2019


Quote article, APA style

Larina T. , Potyshnyak O. 15.04.2019. Forming investment strategy of international economic actor. Actual problems of innovative economy and law. 2019. №3. 5-11 pp. https://doi.org/10.36887/2524-0455-2019-3-1

Quote article, MLA style

Larina T. , Potyshnyak O. Forming investment strategy of international economic actor. Actual problems of innovative economy and law. 15.04.2019. https://doi.org/10.36887/2524-0455-2019-3-1