Modeling the Financial Strategy of the Enterprise in an Unstable Environment
Modeling the Financial Strategy of the Enterprise in an Unstable Environment

Summary/Abstract: Modern conditions of enterprise operation are characterized by a large number of negative factors. First of all, such factors include decrease in business activities of stock markets, low level of exchange fluctuations predictability etc. These factors generate additional financial risks and lead to significant losses and damages, and as a result they can cause the financial crisis situations. The novelty of scientific challenges contains the following tasks: to develop the complex of economic mathematical models which allows assessing the impact of uncontrollable external factors on financial activity; to create preventive financial strategies ensuring stable functioning and development of the enterprise under threats. The development of models is based on methods of multivariate analysis (principal component analysis, the method of the development level, the method of gravity center, hierarchical agglomerative methods and iterative cluster analysis, discriminant analysis, classification trees), econometric methods (pool data models, logit- and probit-models, vector autoregression technology, error correction models), simulation methods and system dynamics approach. The models implication in companies’ activity has allowed developing financial strategy balanced on various directions while considering the potential financial risks.

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