Basic concepts of enterprise cash flows

Authors

  • Oleksandr Yankovyi Odessa National Economics University, Ukraine
  • Galina Koshelek Odessa National Economics University, Ukraine

DOI:

https://doi.org/10.33987/vsed.2(61).2016.146-153

Keywords:

concept, cash flows, flow of funds, inflow, outflow

Abstract

The article considers the formation of basic concepts of cash flows of the enterprise American analysts, who used them to analyze securities and financial statements. It is proved that the basic concept of cash flow can be complemented with the development of science and practice. The study summarizes the basic concepts that are integral concept of cash flows of the enterprise as follows: financial stability and solvency; investment project; the time value of cash flows; cash inflows and outflows; business value; financial controlling; the price of capital; business and financial risks; stocks and bods market; investment attractiveness; financial and economic security of the enterprise; the quality of enterprise management. It is proposed to complement the concept of cash flow to certain concepts that will contribute to more effective management of the company’s cash flows in the current conditions

Author Biographies

Oleksandr Yankovyi, Odessa National Economics University

Doctor in Economics, Professor, Head of the Department of Enterprise Economy

Galina Koshelek, Odessa National Economics University

PhD in Economics, Associate Professor, Department of Enterprise Economy

References

Volkart, R. (1998), Finanzmanagement: Beiträge zu Theorie und Praxis, Versus, Zürich, Bd. 2, 245 p.

Keynes, J. M. (2008), The general theory of employment, interest and money [Obshchaya teoriya zanyatosti, protsenta, i deneg], EKSMO, Мoscow, pp. 131–543 (rus)

Tennent, J. (2014), Cash flow management. How not to be stranded [Upravlenie denezhnymi potokami. Kak ne okazatsya na meli], Alpina Pablisher, Мoscow, 208 p. (rus)

Timofeeva, T. V. (2010), Analysis of cash flows of the enterprise [Analiz denezhykh potokov predpriyatiya], Finansy i statystika; INFRA-M, Мoscow, 368 p. (rus)

Antonova, O. V. (2012), «The economic essence and value of cash flows in the concept of financial security retailers» [Ekonomichna sutnist ta znachennia hroshovykh potokiv finansovoi bezpeky torhovelnykh merezh], Bulletin of Zaporizhzhya National University, No. 4 (16), pp. 207–212 (ukr)

Semenov, G. A., Bugay, V. Z., Semenov, A. G., Bugay, A. V. (2007), Financial planning and management in enterprises [Finansove planuvannia i upravlinnia na pidpryiemstvakh], Center of educational literature, Kyiv, 432 p. (ukr)

Yepifanov, A. O., Dekhtyar, N. A., Melnyk, T. M., Shkolnik, I. O. (2007), The creditrating and investment attractiveness of business entities: monograph. Ed. by A. O. Yepifanov [Otsinka kredytospomozhnosti ta investytsiinoi pryvablyvosti subiektiv hospodariuvannia: monohrafiia], UABS NBU, Sumy, 286 p. (ukr)

Tereshchenko, O. O. (2003), Financial activities of business organizations [Finansova diialnist subiektiv hospodariuvannia], KNEU, Kyiv, 554 p. (ukr)

Egorova, S. E. (2008), «The relationship of the concept of marketing analysis with the basic analytical concepts» [Vzaimosvyaz kontseptsii marketingovogo analiza s osnovnymi analiticheskimi kontseptsiyami], Economics science, No. 5, pp. 23–30 (rus)

Grosul, V. A., Antonova, E. V. (2013), Basic approaches to the assessment the financial security of the enterprise on the basis of studies of its cash flows [Osnovnye podkhody k otsenke finansovoy bezopasnosti predpriyatiya na osnove issledovaniya ego denezhykh potokov], Bulletin of SGTU, Issue 1 (69), pp. 278–282 (rus)

Koshelek, G. V. (2013), Assessment of quality of cash management in the enterprise [Otsinka yakosti upravlinnia hroshovymy potokamy na pidpryiemstvi], Socio-economic research bulletin, Issue 48, pp.108–115 (ukr)

Published

2016-08-17

Issue

Section

ECONOMICS AND ENTERPRISES MANAGEMENT