INTERNATIONAL EXPERIENCE IN ENSURING THE STABILITY OF SMALL AND MEDIUM-SIZED ENTERPRISES AND THEIR ROLE IN THEAZERBAIJANI ECONOMY


Alijanova S.

37th International Scientific Conference on Economic and Social Development - Socio Economic Problems of Sustainable Development, Baku, Azerbaijan, 14 - 15 February 2019, pp.1228-1238 identifier

  • Nəşrin Növü: Conference Paper / Full Text
  • Çap olunduğu şəhər: Baku
  • Ölkə: Azerbaijan
  • Səhifə sayı: pp.1228-1238
  • Adres: Bəli

Qısa məlumat

The main purpose of the research is to establish the structure of small and medium-sized enterprises, to ensure the current financial sustainability, to make assessments in line with the results of that analysis and to develop proposals on it. The research was carried out on the basis of research methods such as scientific abstraction and systematic analysis, logical summarization, and statistical analysis. As a result of the research, it has been determined through research and analysis that one of the most important priorities of economic policy in the country is to ensure sustainable development in enterprises. Large-scale and multifaceted measures are being taken to ensure sustainable development in Azerbaijan. A number of proposals have been made, taking advantage of international experience in addressing the issues raised in this area and ensuring durability. The practical significance of the research is that, as a result of the research, the role of the enterprise's financial sustainability has been identified, its role in the economy has been disclosed. The results and recommendations formed as a result of the research can be used to manage businesses. Scientific novelty and originality of the research: the current state of financial sustainability management in small and medium-sized enterprises was analyzed; proposals were made on the basis of results; assessment of financial sustainability of small and medium-sized enterprises was conducted, proposals on results were submitted; Directions for improving financial sustainability of small and medium-sized enterprises have been identified, proposals have been put forward.