THE PLACE OF FINANCIAL INSTRUMENTS IN THE INTELLECTUAL CAPITAL MANAGEMENT SYSTEM OF AN ENTERPRISE

The article examines the place and role of financial instruments in the intellectual capital management system at a modern industrial enterprise in the conditions of the transformational economy of Ukraine. The aim is to attempt to assess the impact of financial instruments on the system of manager...

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Main Authors: Оксана Сторожук, Володимир Мельник, Оксана Синюк, Оксана Нагірна, Олена Халіна, Богдан Колядко
Format: Article
Language:English
Published: FINTECH Alliance LLC 2025-06-01
Series:Фінансово-кредитна діяльність: проблеми теорії та практики
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Online Access:https://fkd.net.ua/index.php/fkd/article/view/4800
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author Оксана Сторожук
Володимир Мельник
Оксана Синюк
Оксана Нагірна
Олена Халіна
Богдан Колядко
author_facet Оксана Сторожук
Володимир Мельник
Оксана Синюк
Оксана Нагірна
Олена Халіна
Богдан Колядко
author_sort Оксана Сторожук
collection DOAJ
description The article examines the place and role of financial instruments in the intellectual capital management system at a modern industrial enterprise in the conditions of the transformational economy of Ukraine. The aim is to attempt to assess the impact of financial instruments on the system of managerial decision-making regarding the development of intellectual capital using the example of modern industrial enterprises of Ukraine, as well as to identify the most effective of them in the context of supporting the knowledge component of the economy. Based on theoretical principles and analysis of empirical data, a full-fledged multifactor correlation regression study was conducted. As part of the study, a system of dependent variables was formed that represent key aspects of the intellectual capital of the enterprise: R&D costs, the number of implemented innovations, the level of automation, the number of employees with higher education and investments in personnel training. The results of the analysis showed that the greatest positive impact on intellectual capital is exerted by tax benefits, state support and foreign direct investment. Instead, bank lending and leasing have a less pronounced or indirect effect.
format Article
id doaj-art-6b0e0865bd144cbda3402ebf5949b97d
institution Kabale University
issn 2306-4994
2310-8770
language English
publishDate 2025-06-01
publisher FINTECH Alliance LLC
record_format Article
series Фінансово-кредитна діяльність: проблеми теорії та практики
spelling doaj-art-6b0e0865bd144cbda3402ebf5949b97d2025-08-20T03:28:09ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702025-06-0136210.55643/fcaptp.3.62.2025.4800THE PLACE OF FINANCIAL INSTRUMENTS IN THE INTELLECTUAL CAPITAL MANAGEMENT SYSTEM OF AN ENTERPRISEОксана Сторожук0Володимир Мельник1Оксана Синюк2Оксана Нагірна3Олена Халіна4Богдан Колядко5PhD in Economics, Associate Professor of the Department of Economy, Management and Commercial Activity, Central Ukrainian National Technical University, Kropyvnytskyi, UkrainePhD in Technical Sciences, Associate Professor of the Department of Enterprise Economy and Investment, Lviv Polytechnic National University, Lviv, UkrainePhD in Economics, Associate Professor of the Department of Management and Territorial Development named after Professor Yevhen Khraplyvyi, Stepan Gzhytskyi National University of Veterinary Medicine and Biotechnologies Lviv, Lviv, UkrainePhD in Economics, Associate Professor of the Department of Management and Economic Security, Lviv State University of Internal Affairs, Lviv, UkrainePhD in Economics, Associate Professor of the Department of Management and Marketing in Publishing and Printing, Lviv Polytechnic National University, Lviv, UkrainePhD Student of the Department of Management and Marketing, National University of Ostroh Academy, Ostroh, Ukraine The article examines the place and role of financial instruments in the intellectual capital management system at a modern industrial enterprise in the conditions of the transformational economy of Ukraine. The aim is to attempt to assess the impact of financial instruments on the system of managerial decision-making regarding the development of intellectual capital using the example of modern industrial enterprises of Ukraine, as well as to identify the most effective of them in the context of supporting the knowledge component of the economy. Based on theoretical principles and analysis of empirical data, a full-fledged multifactor correlation regression study was conducted. As part of the study, a system of dependent variables was formed that represent key aspects of the intellectual capital of the enterprise: R&D costs, the number of implemented innovations, the level of automation, the number of employees with higher education and investments in personnel training. The results of the analysis showed that the greatest positive impact on intellectual capital is exerted by tax benefits, state support and foreign direct investment. Instead, bank lending and leasing have a less pronounced or indirect effect. https://fkd.net.ua/index.php/fkd/article/view/4800intellectual capitalfinancial instrumentsindustrial enterpriseknowledge managementmultivariate regressionR&D
spellingShingle Оксана Сторожук
Володимир Мельник
Оксана Синюк
Оксана Нагірна
Олена Халіна
Богдан Колядко
THE PLACE OF FINANCIAL INSTRUMENTS IN THE INTELLECTUAL CAPITAL MANAGEMENT SYSTEM OF AN ENTERPRISE
Фінансово-кредитна діяльність: проблеми теорії та практики
intellectual capital
financial instruments
industrial enterprise
knowledge management
multivariate regression
R&D
title THE PLACE OF FINANCIAL INSTRUMENTS IN THE INTELLECTUAL CAPITAL MANAGEMENT SYSTEM OF AN ENTERPRISE
title_full THE PLACE OF FINANCIAL INSTRUMENTS IN THE INTELLECTUAL CAPITAL MANAGEMENT SYSTEM OF AN ENTERPRISE
title_fullStr THE PLACE OF FINANCIAL INSTRUMENTS IN THE INTELLECTUAL CAPITAL MANAGEMENT SYSTEM OF AN ENTERPRISE
title_full_unstemmed THE PLACE OF FINANCIAL INSTRUMENTS IN THE INTELLECTUAL CAPITAL MANAGEMENT SYSTEM OF AN ENTERPRISE
title_short THE PLACE OF FINANCIAL INSTRUMENTS IN THE INTELLECTUAL CAPITAL MANAGEMENT SYSTEM OF AN ENTERPRISE
title_sort place of financial instruments in the intellectual capital management system of an enterprise
topic intellectual capital
financial instruments
industrial enterprise
knowledge management
multivariate regression
R&D
url https://fkd.net.ua/index.php/fkd/article/view/4800
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