Practical principals of development the investment activates of enterprises

Horiashchenko Yuliia
DrSc (Economics), Associate Professor, Professor of the Department of Entrepreneurship and Economy of Enterprise University of Customs and Finance, Dnipro, E-mail: julia.goryaschenko@gmail.com, ORCID ID: https://orcid.org/0000-0001-7020-1412

Knysh Oleksandr
postgraduate of the Department of Entrepreneurship and Economy of Enterprise, University of Customs and Finance, Dnipro, E-mail: knyshalexsandr@gmail.com, ORCID ID:

Cite this article:

Horiashchenko Yu., Knysh O. (2022) Practical principals of development the investment activates of enterprises. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Praktychni aspekty rozvytku investytsiinoi diialnist pidpryiemstv; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 9-10 (298-299), pp. 103-109.

Abstract

The purpose of the study is to research and analyze the investment policy of the state and business entities for 2015-2020. The main methods used in this research are were the method of comparison, logical and economic analysis, synthesis, generalization and content analysis. The article analyzes the investment activity of Ukraine. The country's investment policy in recent years has been studied. The current state of foreign investments and their impact on the general investment activity in the country is considered. The amount of capital investment was analyzed on the basis of its decrease over the past few years. The dynamics of capital investments for the analyzed period were studied in detail. As can be seen, the dominance of investments in fixed capital from the own funds of enterprises and organizations remains. Capital investments were evaluated in terms of large, medium, small, and micro enterprises. The analysis results in the conclusion that the growth of capital investments in all areas of enterprises took place even before the COVID-19 pandemic. Small and micro-enterprises were the most affected by this. In general, the decline in the volume of capital investments is associated with the difficult economic situation in the country, the far from perfect legislative system, the pandemic and the crisis financial and economic situation of many industrial enterprises. In order to activate investment activity in the state, it is worth stimulating the innovative activity of industrial enterprises, and at the level of enterprises to attract investors' funds and bank lending, it is necessary to implement motivational measures to attract foreign economic sources of financing in the implementation of investment activities.

Keywords

investment activity, investment policy, investments, capital investments, investment resources.

JEL classification: М210, О160; DOI: 10.32680/2409-9260-2022-9-10-298-299-103-109

UD classification: 330.322

References

1. Verbytska, H. L. (2018) The current state and problems of intensifying the investment activity of domestic enterprises in the conditions of international economic relations] Ekonomichnyi prostir, 129, 66-74. Retrieved from: http://nbuv.gov.ua/ UJRN/ ecpros_2018_129_8. [In Ukrainian].
2. Horiashchenko, Yu. H., Bokova, Yu. O., Kuleshova, A. A. (2021) Factors influencing the development of innovation and investment activities of small business entities. Molodyi vchenyi, 4(2), 297-302. Retrieved from: http://nbuv.gov.ua/ UJRN/molv_2021_4(2)__42. [In Ukrainian].
3. Kovtun, N. (2008) Theoretical principles of investment process and investment activity: the ratio of basic concepts and categories. Visnyk Kyivskoho natsionalnoho universytetu imeni Tarasa Shevchenka Ekonomika, 101, 25-29. Retrieved from: http://nbuv.gov.ua/UJRN/VKNU_ Ekon_2008_101_9. [In Ukrainian].
4. Kondratenko, N. O., Trahniuk, O. Ya. (2021) Improvement of the mechanism of management of investment activities of business entities. Biznes Inform, 3, 194-201. Retrieved from: http:// nbuv.gov.ua/UJRN/ binf_ 2021_3_29. [In Ukrainian].
5. Nechyporuk, O. V. (2021) Investment activity of Ukraine: current state, problems and possibilities of its activation. Mizhnarodnyi naukovyi zhurnal «Internauka». Seriia : Ekonomichni nauky, 5(1), 61-68. Retrieved from: http://nbuv.gov.ua /UJRN/mnjie _2021_5(1)__10. [In Ukrainian].
6. Ratushniak, O. H., Lialiuk, O. H., (2021) Analysis of investment and innovation activity of industrial enterprises of Ukraine. Visnyk Khmelnytskoho natsionalnoho universytetu. Ekonomichni nauky, 1, 123-126. Retrieved from: http://nbuv.gov.ua /UJRN /Vchnu_ekon_2021_1_24. [In Ukrainian].
7. Samotoienkova, O. V. Olvinska, Yu. O. (2010). Ekonomichna statystyka. Odesa : ODEU, [In Ukrainian].
8. Stakhurska, S. A., Tkachuk, S. V., Yakymchuk, T. V., Stakhurskyi, V. O. (2022) Comprehensive analysis of investment activity of manufacturing enterprises as a basis for making sound business decisions. Formuvannia rynkovykh vidnosyn v Ukraini, 1, 40-47. Retrieved from: http://nbuv.gov. ua/UJRN/frvu_2022_1_8. [In Ukrainian].
9. Chernyshov, V. V. (2021) Development directions of investment activity of enterprises. Modern economics, 26, 167-172. Retrieved from: http://nbuv.gov.ua/UJRN/modecon_2021_26_27. [In Ukrainian].
10. Ofitsiinyi sait Derzhavnoi sluzhby statystyky Ukrainy Retrieved from: http://www.ukrstat. gov.ua/. [In Ukrainian].