INFLUENCE OF STRUCTURE OF FINANCE ON PRODUCTION EFFICIENCY

Issue № 8, 2014, article № 7, pages 51-56

Section: Problems of efficient management

Language: Russian

Original language title: ВЛИЯНИЕ СТРУКТУРЫ ФИНАНСОВ НА ЭФФЕКТИВНОСТЬ ПРОИЗВОДСТВА

Keywords: AUTONOMY COEFFICIENT, PROFITABILITY, CAPITAL STRUCTURE, FACTORIAL ANALYSIS

Abstract: Research objective was search of dependence of overall performance of the organization from structure of used means. For this purpose on the example of results of activity of 398 agricultural organizations of twenty one regions of the Chuvash Republic in 2012 the group is made and the correlation and regression analysis is carried out. Results of research show that the size of coefficient of an autonomy influences results of production economic activity of the organizations. Dependence existence between a shoulder of a financial leverage and net profit (0,024), a shoulder of a financial leverage and profitability (0,211), coefficient of an autonomy and liquidity (0,376) is defined. There is also a communication between coefficient of an autonomy and security with own current assets (0,642). Being guided by results of our research, heads of the agricultural organizations can correct structure of finance of the organization, carry out search of new sources of financing, get rid of less profitable, reaching desirable level of profitability of the organization.

Authors: Dmitrieva Irina IUrevna