IMPACT OF FINANCIAL MECHANISMS ON THE COMPANY VALUE UNDER STRUCTURAL RISKS

Author(s): Nazarenko O.V., Lesnikov A.N.

Rubric: Economy

DOI: 10.21777/2587-554X-2021-1-23-29

Release: 2021-1 (36)

Pages: 23-29

Keywords: financial mechanism, composition and elements, company value, factors of influence, situational-variation environment, degree of transformation, structural risks

Annotation: Geopolitical entropy, multidirectional influence of a complex of factors, complex behavior of counterparties, competition and structural risks exacerbate the problems of increasing the financial stability, value and reputation of a business based on a balanced and efficient financial mechanism. The purpose of the article is to identify and assess the trends and levels of influence of financial mechanisms on the increase in the value of the company in conditions of structural risks. The article identifies trends and directions of development of the company’s financial mechanism under the influence of external factors, financial policy, strategic management. In expanding the current interpretations in relation to the financial mechanism as a system, the author singled out innovative processes, triggers, technological moderators, control and controlled subsystems, relations as the core of financial management in a hierarchical system of methods, tools, levers of qualitative changes in value. Analysis of financial and economic indicators made it possible to identify the state and level of influence of the financial mechanism on economic value added (EVA) and the market value of companies. On the basis of a stochastic multilevel model of the formation of a financial mechanism, the author analyzes the construction of financial relations, and proposes dynamic models of increasing the company’s value. The author substantiated the platform of situational-variational influence, taking into account the dynamics and strength of the influence of factors, the changeability of conditions, options for combining elements and the adaptability of the mechanism to the external environment.

Bibliography: Nazarenko O.V., Lesnikov A.N. IMPACT OF FINANCIAL MECHANISMS ON THE COMPANY VALUE UNDER STRUCTURAL RISKS // Economics and Management. – 2021. – № 1 (36). – С. 23-29. doi: 10.21777/2587-554X-2021-1-23-29