Formation of the system of control indicators of external fundraising for engineering enterprises

Authors

DOI:

https://doi.org/10.15587/2312-8372.2015.55798

Keywords:

external fundraising, control of external fundraising, fundraising indicators

Abstract

The method of forming the system of process indicators for external fundraising is considered in the article. The main aim of the study is to determine the key aspects of the control system and the development of sets of indicators on which it is advisable to monitor the processes of external fundraising. Therefore, it was revealed that system of indicators for monitoring external fundraising should help the enterprise adapt to the external business environment and facilitate the financing regulation processes of industrial and economic activity. The key task of control is matching external fundraising processes to established strategic, tactical and operational objectives of the company. It was developed the complex system of external fundraising indicators, which consists of four groups of indicators: activity, structure, risk and overall effectiveness that allows monitoring adverse changes in key parameters of external fundraising and effectively adjust the process of implementation of management decisions on external fundraising for engineering enterprises. Research results can be applied by financial managers to access the administrative decisions in the process of fundraising from the external sources.

Author Biographies

Галина Остапівна Партин, Lviv Polytechnic National University, 12 Bandera street, Lviv, Ukraine, 79013

Candidate of Economic Sciences, Professor

Department of Finance

Роксолана Іванівна Задерецька, Lviv Polytechnic National University, 12 Bandera street, Lviv, Ukraine, 79013

Assistant

Department of Finance

Богдан Олегович Горбай, LLC "Publishing the Old Lion" Lviv, sq. Market 14

Head of Sales Department

References

  1. Kaminska, T. H. (2013). Kompleksnyi hospodarskyi kontrol kruhoobihu kapitalu pidpryiemstva. Ekonomika ta upravlinnia pidpryiemstvom, 1, 221–225.
  2. Drury, С. (2009). Management Accounting for Business. Ed. 4. Cengage Learning EMEA, 584.
  3. Tereshchenko, O. O., Stetsko, M. V. (2013). Systema pokaznykiv u kontseptsii finansovoho kontrolinhu u sferi biznesu. Finansy Ukrainy, 11, 66–83.
  4. Igoshina, Yu. A. (2014). Sistema vnutrennego kontrolia kak element upravlencheskogo ucheta. Vestnik NGIEI, 1 (32), 59–69.
  5. Slack, N., Chambers, S., Johnston, R. (2010). Operations Management. Ed. 6. Financial Times/Prentice Hall, 686.
  6. Lutsenko, S. I. (2013). Vliianie finansovoi gibkosti kompanii na resheniia, sviazannye so strukturoi kapitala. Finansovyi menedzhment, 6, 60–68.
  7. Velykyi, Yu. V., Yurin, Ye. H. (2013). Orhanizatsiini etapy vnutrishnoho audytu na pidpryiemstvi. Investytsii: praktyka ta dosvid, 24, 53–55.
  8. Kovalev, V. V., Volkova, O. N. (2007). Analiz hoziaistvennoi deiatel'nosti predpriiatiia. Moscow: Velbi «Prospekt», 424.
  9. Anthony, R. N., Govindarajan, V. (2004). Management control systems. Ed. 11. Boston; London: McGrawHill/Irwin, 851.
  10. Pitt, M., Koufopoulos, D. (2012). Essentials of Strategic Management. Sage Publications, 472.

Downloads

Published

2015-11-26

How to Cite

Партин, Г. О., Задерецька, Р. І., & Горбай, Б. О. (2015). Formation of the system of control indicators of external fundraising for engineering enterprises. Technology Audit and Production Reserves, 6(6(26), 8–11. https://doi.org/10.15587/2312-8372.2015.55798

Issue

Vol. 6 No. 6(26) (2015): Scientific outcomes 2015

Section

Economics and Enterprise Management: Original Research

License

Copyright (c) 2016 Галина Остапівна Партин, Роксолана Іванівна Задерецька, Богдан Олегович Горбай

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

The consolidation and conditions for the transfer of copyright (identification of authorship) is carried out in the License Agreement. In particular, the authors reserve the right to the authorship of their manuscript and transfer the first publication of this work to the journal under the terms of the Creative Commons CC BY license. At the same time, they have the right to conclude on their own additional agreements concerning the non-exclusive distribution of the work in the form in which it was published by this journal, but provided that the link to the first publication of the article in this journal is preserved.