Saharuk B. Structuring the share capital of enterprises of auto industry.

The study is devoted to the generalization of theoretical principles and development of practical recommendations for improving the efficiency of structuring the share capital of enterprises of auto industry in Ukraine in order to increase their competitiveness. The impact of global economic processes, in particular, increasing of interest to corporate structures on the one hand, and the need to attract foreign investment in Ukraine's economy in connection with the economic crisis on the other, intensified the need to develop domestic joint stock companies, increase their financial capacity, stability and image in the international arena. Under such conditions, a system of effective management and organization of functioning of the share capital of enterprises is a key to solution, it is able to accumulate temporarily free financial resources of the enterprise to increase profitability of enterprises and industries as a whole and provide the economy with necessary investments. Another factor that determines the high efficiency of the influence of equity management levers on the state of the enterprise is its flexibility and ability to increase its potential through centralization, integration, transformation and concentration or dispersion of share capital of corporate enterprises and corporate structures. Thus, the intensification of the processes of formation, structuring and circulation of share capital in modern economic circumstances acquires new significance and relevance. The experience of advanced countries shows that errors and shortcomings in the formation of joint stock company capital, imbalance in the share capital structure of enterprises, a significant predominance of borrowed capital over equity can cause deterioration of financial and economic position of the enterprise, loss of market share, falling of demand for products, leakage of confidential corporations and, ultimately, lead to the bankruptcy of enterprises.