Multi-indicator system for evaluating the effectiveness of management of enterprise development financing

Abstract

The article establishes to assess the effectiveness of financial security management is necessary to take into account the relationship between indicators of enterprise development and indicators of efficiency of financial security management in dynamics and adjust the assessment for positive or negative external influences. Insufficient research has focused on assessing the effectiveness of financial management of development, especially on the formation of an appropriate system that can guide practitioners. Therefore, the purpose of the article is to develop a multi-indicator system for assessing the effectiveness of management of financing the development of enterprises. To solve this problem, the study was aimed at forming comprehensive recommendations that provide appropriate steps and actions. The manual is developed using the conceptual research method, the method covers three phases: collection of steps and measures from existing recommendations on the evaluation system (1), classification of indicators and definition of system structure (2), definition of criteria for assessing financial compliance systems for evaluating the effectiveness of financial security management (3). The proposed recommendations allow to analyze the dynamics of both the global development of the enterprise and the management of financial security necessary for development, which allows to develop measures to improve the management of financial security of the enterprise. According to the results of the research, the developed multi-indicator system for assessing the effectiveness of management of financing the development of agricultural machinery of PJSC "Harvesters" was tested.