Theoretical basis of financial transformation of a company when entering the capital markets

Abstract

The purpose of the work is to determine the theoretical basis of the financial transformation of a company when entering the capital markets. The following set of methods was used in the course of the study: the method of scientific observation and comparison was used to determine the topic, goal and objectives of the study; the methods of structural analysis were used to form the composition and content of the financial transformation of companies; the method of logical generalization was used to organize the methodological basis of the process of the financial transformation of a company; The method of induction and deduction was used to determine the requirements for the process of financial transformation of the company. The content of the business transformation processes made it possible to determine the following: transformation of economic aspects of the economic mechanism - change of orientation from market to internal economic or in the opposite direction; change of rights (ownership, management); restructuring, change of the structure of resources; transformation, restructuring of procedures (management processes, corporate activities). The given content of the characteristics of economic transformations showed that the transformation of economic mechanisms is traced in the processes of integration (acquisition and merger) or disintegration (separation and division) of transformation processes. In the last few decades, non-financial strategic goals of the company's transformation have been actively implemented, which include balanced development, continuity of the company's activities, which aims at a more responsible social attitude of the company to its environment. It is proposed to distinguish the following types of transformations: increasing the use of business potential; expanding existing opportunities; forming a qualitatively new, distinctive potential; capture (merger, absorption, redemption) of potential reserves formed by other companies. The process of financial transformation consists in bringing the financial and accounting system to international standards. The company's financial statements reflect its current state and are the basis for determining its value.