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Financial Crisis of Enterprise: Determination From Position of Cyclic Dynamics of its Development

Melnik Viktor N. and Kalinskaya Irina M. ()
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Melnik Viktor N.: European university
Kalinskaya Irina M.: European university

Business Inform, 2012, issue 11, 178_182

Abstract: In the article the essence of financial crisis of enterprise is investigated and its varieties are certain on the basis of theory of corporate lifecycle. It is grounded intercommunication between the enterprise's financial goals and stages of its development. The description of crises of solvency, liquidity, business activity, financial firmness, financial stability and unprofitability is given.

Keywords: financial crisis of enterprise; stage of the lifecycle; solvency; liquidity; financial firmness; profitableness; optimization of enterprise's financial architecture (search for similar items in EconPapers)
Date: 2012
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