In dissertation work the basic approaches to research and formation of structure of capital of industrial enterprises in the conditions of market uncertainty are defined. The interconnection between the causes of the instability of the market environment and the formation of the structure of capital of industrial enterprises, depending on their size, scale of production and branch affiliation, is established. An analysis of investment activity of industrial enterprises was carried out and its influence on optimization of the structure of their capital was revealed. The functional dependence of the structure of the used capital and the value ratio of the product range of industrial enterprises is revealed. Simulation of the process of optimization of capital structure and production cycle of the industrial enterprise was carried out. The ways of diversification of production of industrial enterprises in the conditions of market instability and formation of an optimal structure of capital because of the progressive development are offered. Practical recommendations for raising the technical level of industrial enterprises based on optimization of the structure of capital are developed.
For the first time, the author, based on identifying types of uncertainty (shaping under the influence of the environment, multi-criteria, subjectivity) and market instability, developed a mechanism for improving the competitiveness of products that allows optimizing the capital structure of an industrial enterprise. A substantiated analysis of the activities of Ukrainian industrial enterprises for the period 2008–2018 allowed developing a methodology for studying and optimizing the capital structure of an industrial enterprise, as opposed to the existing ones, taking into account the influence of an unstable environment on the formation of financial results and capital structure of an enterprise based on the use of a simulation model and situational principles. adaptive capital management industrial enterprise.
A mechanism is proposed for the formation of capital of an industrial enterprise under conditions of market instability aimed at diversifying production, which provides for variation in the formation and distribution of capital depending on the diversification directions (vertical, horizontal) and technical level of production.
It has been proved that in the conditions of market instability, the capital management of an enterprise should be carried out because of factor analysis, which takes into account the sufficiency, the dynamics of the structure, and the reasons for the change of individual components. In the dissertation, the author conducted a justification for the category “the degree of dynamism of the capital of an industrial enterprise”, which is characterized and determined by the rate and frequency of changes in capital structure depending on the type of market uncertainty.
Keywords: structure, capital, market instability, uncertainty, industrial enterprise, capital dynamics, mechanism.
