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Financial Analytics: Science and Experience
 

Formation of innovative approach to the definition of the economic substance of the own capital of a joint stock organization

Vol. 5, Iss. 5, FEBRUARY 2012

Available online: 30 January 2012

Subject Heading: CORPORATE FINANCE

JEL Classification: 

Ryzhkova K.A. Leading teacher of economic disciplines, Stavropol Construction Technical school
KsuRijkova@yandex.ru

In the article the author analyzes the economic essence of own capital of the joint-stock organizations from the position of generally accepted in the system of financial management approaches to its definition: structural, cost, resources, management and accounting. As a result, the innovative approach with the new complex character is formed. In the framework of the innovative approaches, the functions of the equity capital, corresponding to the purposes of effective formation and use of capital are defined.

Keywords: economical, essence, own capital, innovative, approach, function, innovative-investment attractiveness, protective

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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