METHODICAL PROBLEMS AND ADAPTIVE MODIFICATIONS OF FINANCIAL MANAGEMENT OF ECONOMIC ENTITIES IN WARTIME REALITIES
DOI:
https://doi.org/10.31379/sed.1.4.2025.35Keywords:
financial management, wartime, management problems, method, financial risks, mechanism, adaptationAbstract
The article substantiates that the fundamental basis for the development and stable functioning of any enterprise is its financial resources. In the methodological plane, financial management should be considered not only as a process of administering cash flows, but as a complex multi-component management system that serves as the basis of financial security, a means of counteracting financial risks and a tool for implementing the strategic mission of the enterprise in the realities of wartime. It is proven that the effectiveness of this system depends on the depth of its integration with related management circuits: anti-crisis regulation, strategic planning and risk management. The main vectors of financial management that reflect its target orientation are summarized, such as designing the optimal asset structure and ensuring parity between income and expenses; coordinating cash flows and payment discipline to maintain solvency; monitoring and regulating the state of settlements with debtors and creditors; supporting financial autonomy and independence; flexible resource provision of long-term capitalization strategies; differentiation, comprehensive assessment and monitoring of financial risks; formation of reliable and transparent financial reporting as a basis for making management decisions. It has been traced that adaptive modifications of financial management of business entities in the realities of wartime consist in shifting theoretical, methodological and managerial accents from the concept of finance as a "material base" to the "fundamental basis of financial security", and from "viability" and "economic security", which is especially relevant for your previous inquiries regarding martial law, and the mechanism of financial management - from planning, distribution and use of financial resources to creating conditions for security-oriented financial development of business despite numerous external risks.
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