Mynchynska I. Prevention of enterprises bankruptcy in the state anti-crisis regulation system

The essence, purposes and methods of the state anti-crisis regulation, including the state regulation of bankruptcy of the enterprises as its component were defined. A method of preventing bankruptcy of enterprises was proposed for each of the identified functional subsystems of the macro- and microeconomic levels of the system of state regulation of bankruptcy of enterprises in Ukraine. Based on a retrospective study of the process of forming the institution of bankruptcy in Ukraine, the preconditions and causes of bankruptcy of domestic enterprises were established and a conceptual framework in this area of research was formed. The institutional aspects of the regulation of bankruptcy of enterprises in Ukraine by establishing the range of subjects and features of regulatory and legal support of state regulation of bankruptcy at the level of each selected functional subsystems of the system of state regulation of bankruptcy of enterprises were researched. The methodical approach for evaluation was proposed to carry out in two directions: on the basis of indicators of international ratings (Ease of Doing Business Index, The Global Competitiveness Index) and indicators of business demography. An assessment of the favorable business environment for the activity of enterprises in Ukraine was determined. An assessment of the effectiveness of state regulation of corporate bankruptcy in Ukraine based on the analysis of the dynamics and structure of insolvency and bankruptcy indicators of enterprises were identified. Based on the study of foreign experience in the formation of the model of state regulation of bankruptcy, proposals for improving the model of state regulation of bankruptcy of enterprises in Ukraine in the post-industrial economic development and global economic crisis caused by the pandemic COVID-19 were presented. The causal links between the indicators of bankruptcy of the enterprises and socio-economic indicators of Ukraine based on the use of the diagram of cyclical causality were determined. The processes of bankruptcy of enterprises in Ukraine were modeled using correlation-regression analysis. Proposals for improving the organizational and economic mechanism for preventing bankruptcy of enterprises in Ukraine at the level of functional subsystems of macro- and microeconomic levels of the state anti-crisis regulation were presented.