Improving Financial Planning in the Corporate Governance System

DOI

10.2991/hssnpp-19.2019.163How to use a DOI?

Keywords

financial planning, forecast of invested capital, organization of the planning process, ensuring business continuity

Abstract

Fundamental changes in the Russian economy, toughening competition and business conditions necessitate the search for qualitatively new, based on scientific concepts, approaches to the management of enterprise finances. In this regard, one of the priority tasks is the improvement of financial management and activation of one of its most important functions- financial planning at the enterprise. The paper considers financial planning as one of the main elements of the corporate governance system. The paper presents stages of financial planning process and assessment of the created value for shareholders and recommendations for the financial plan to realize. The paper indicates the necessity of creating a planning system, which with the greatest efficiency will ensure the implementation of a strategy to increase its investment attractiveness.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yu.E. Klishina
AU  - I.I. Glotova
AU  - O.N. Uglitskikh
AU  - E.P. Tomilina
AU  - A.A. Smagin
PY  - 2019/07
DA  - 2019/07
TI  - Improving Financial Planning in the Corporate Governance System
BT  - Proceedings of the Internation Conference on "Humanities and Social Sciences: Novations, Problems, Prospects" (HSSNPP 2019)
PB  - Atlantis Press
SP  - 849
EP  - 854
SN  - 2352-5398
UR  - https://doi.org/10.2991/hssnpp-19.2019.163
DO  - 10.2991/hssnpp-19.2019.163
ID  - Klishina2019/07
ER  -