Paramonov P.F.Kuban State Agrarian University named after I.T. Trubilin (Kuban SAU), Krasnodar, Krasnodar Krai, Russian Federation econ-pred@kubsau.ru ORCID id: not available
Rodin D.Ya.Kuban State Agrarian University named after I.T. Trubilin (Kuban SAU), Krasnodar, Krasnodar Krai, Russian Federation rodin17@mail.ru ORCID id: not available
Glukhikh L.V.Kuban State University (KubSU), Krasnodar, Krasnodar Krai, Russian Federation GluhihL@bk.ru ORCID id: not available
Subject We consider issues that relate to searching and achieving the proportions of financial equilibrium that ensures a balanced state and sustainable development of corporations. Objectives The aim is to provide objective and complete interpretation of financial equilibrium of a corporate institution as a financial system, define the existing system interconnections and mechanisms for maintaining and restoring the balance, methods of achieving the balance of internal proportions of commercial organizations’ financial equilibrium and their market environment. Methods We employ methods of analysis and synthesis, induction and deduction, generalization of financial and economic processes and phenomena, and financial equilibrium. Results We define the category of financial equilibrium as the most important characteristics of commercial organizations’ financial system functioning. The paper identifies significant factors and underpins effective mechanisms for maintaining and restoring the financial equilibrium of financial system of commercial organizations with predetermined properties and characteristics. It also presents methods for achieving the balance of proportions of financial equilibrium, the violation of which leads to dysfunctions in the sustainable development of corporate institutions and in their interaction with market environment. Conclusions The financial equilibrium is imperative for financial stability and guaranteed solvency. Harmonization of financial systems at different hierarchical levels contributes to efficient flow of financial and real capital to address priority areas of economic growth. The proposed mechanisms can be used for improving the intrafirm management of resource potential and in strategic financial planning when implementing regional programs for territory development.
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