Specificity assessment and management of financial stability of construction companies
Natalya Kretova, Галина Ивановна Хохлова, A A Kretova, Anisya Khokhlova
Abstract
Abstract The purpose of the scientific article is to identify the features of assessing and managing the financial stability of construction companies. The object of this study is entrepreneurial activity in the construction sector. The subject of the study is specific aspects of analysis and management of financial stability in construction organizations. To achieve this goal, the following tasks are set: 1) determining the features, problems and trends in the development of the construction industry in Russia; 2) identifying the specifics of the functioning of finance in the construction sector; 3) systematization of factors that affect the activity of enterprises in the construction sector; 4) assessment of the financial stability of the construction company, taking into account the regulatory and industry average values. A classification of factors affecting financial stability by a number of system-forming features is proposed. The most significant indicators for assessing the financial stability of construction companies are determined, taking into account the industry specifics for making management decisions.