THEORETICAL SUBSTANTIATION OF FINANCIAL MANAGEMENT

Authors

  • N. V. Myroshnyk Dnipropetrovsk National University of Railway Transport named after Academician V. Lazaryan, Ukraine

DOI:

https://doi.org/10.15802/stp2009/14315

Keywords:

theory, justification, management, finance

Abstract

The concept «finance» is defined. It is investigated that in conditions of the market economy for effective management of financial resources the provision of enterprise activities with optimal amount of the financial resources, their rational use, the profit maximization, and the provision of market cost of enterprise are necessary. In conditions of the market economy the issues of improvement of management of production processes, efficient use of financial, labor and material resources become urgent. To solve such problems, the enterprise administrations should be aware of the knowledge of economics, production technologies, and finance.

Author Biography

N. V. Myroshnyk, Dnipropetrovsk National University of Railway Transport named after Academician V. Lazaryan

N. V. Myroshnyk

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Published

2009-05-25

How to Cite

Myroshnyk, N. V. (2009). THEORETICAL SUBSTANTIATION OF FINANCIAL MANAGEMENT. Science and Transport Progress, (27), 253–256. https://doi.org/10.15802/stp2009/14315

Issue

No. 27 (2009): ISSUE 27

Section

ECONOMICS AND МANAGEMENT

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