corporate management, deterministic chaos, financial strategy, competitiveness.

Keywords: corporate management, deterministic chaos, financial strategy, competitiveness.


The article considers topical issues of forming corporate financial strategy in the real sector of the economy. It has been shown that the development and implementation of winning strategies, "creating the future" requires the identification or the use of fundamentally new opportunities. The pioneer always gets the right to form their own rules of the game, to stabilize the novelty. This is facilitated by the application of chaos theory, which allows to create methods for diagnostics secret effects, manipulation and destructive latent management of competitiveness and strategy development.

It is noted that corporate financial strategy is an integral part and an important element of the management system of the enterprise, occupying a central place among its functional strategies, determines the main directions of improving the management of its financial activities and financial relations with counterparties. The complexity of strategy formation connects with the need of taking into account many dynamic, vague, not always formalized goals and guidelines so appear probability of forming strategy on the basis of conflicting guidelines. Thus, the strategy is a model of goals, actions, capabilities of the corporation for strategic perspective, based on the creation and implementation of which the organizing and managing of financial and other resources of a system is put down. The ideal system can be considered such a system that by changing the strategy of its behavior at some stage of development adapts to the existing projected dynamics of the environment and stabilizes its entropy at the natural level.


1. Bilyk M. D. (2015). Rozrobka financovoi strategy na pidpriemstvi. [Development of financial strategy at the enterprise]. Formuvannya rinkovih vidnosin v Ukraini. Formation of market relations in Ukraine, 6, 158–164. [in Ukrainian].
2. Bugay V.Z, & Riznik V.S. [2017]. Formuvanya finansovoi strategiyi pidpryemstva v suchasnih umovah [Formation of the financial strategy of the enterprise in modern conditions]. Visnik Zaporizkogo naztionalnogo universitetu. Ekonomichni nauki. Bulletin of Zaporizhia National University. Economic sciences, 3. 20–26. [in Ukraine].
3. Pestovska Z.S. & Gritsenko E.G. (2017). Formuvanya finansovoi strategii pidpriyemstva na osnovy modifikatsii sistemi sbalansovanih pokaznikiv. [Formation of the financial strategy of the enterprise on the basis of modification of the system of balanced indicators]. Akademichniy oglyad. Academic review, 2, 21–31. [in Ukraine].
4. Serdyukov K.G. & Malyshkina K.Y. (2018). Sutnisna kharakteriatika korporativnoi finansovoi strategii gospodaryuyuchogo subekt. [The essential characteristics of the corporate financial strategy of the business entity]. Bulletin of KhNAU. Series: Economic Sciences, 1, 258–266. [in Ukraine].
5. Khudik О.B. (2017). Obgruntuvanya finansovoi strategii na osnovy sistemnogo analysu. [Substantiation of financial strategy based on system analysis]. Bulletin of Khmelnytsky National University. Economic sciences, 2 (1), 114–121. [in Ukraine].
6. Shapurova O.O. (2018). Pidkhodi do formuvanya finansovoi strategii promislovogo pidpriyemstva: teoretichny ta praktichny aspekty. [Approaches to the formation of the financial strategy of an industrial enterprise: theoretical and practical aspects]. Bulletin of Odessa National University. Series: Economics. T. 23, 6, 113–118. [in Ukraine].
7. Bazika S.K. (2018). Byudzhetne planuvanya yak instrument finansovogo strategichnogo upravlinya. [Budget planning as a tool of financial strategic management]. Investments: practice and experience, 18, 114–118. [in Ukraine].
8. Mann S. (1992). Teoriya khaosa I strategicheskaya misl. [Chaos theory and strategic thought]. Parameters. Retrieved from http: // conservatism. org / konservatizm / theory / 080310032055.xhtml. [in Ukraine].
9. Babyak N.D. & Bilotska I.A. (2018). Biznes seredovishche – korporativni finansovi strategii: problemy sinkhronizatsii v Ukraine. [Business environment - corporate financial strategies: problems of synchronization in Ukraine]. Intelligence XXI, 6, 137–141. [in Ukraine].
How to Cite
Kushchik , A. P. (2020). THE FORMATION OF THEORETICAL FUNDAMENTALS OF CORPORATE FINANCIAL STRATEGY: corporate management, deterministic chaos, financial strategy, competitiveness. Financial Strategies of Innovative Economic Development , (3 (47), 111-115. Retrieved from