Stock mechanisms of strategic development of financial potential of Ukrainian enterprises

Abstract

The modern stock exchange is a symbol of the efficiency of capital turnover and rapid economic development. The stock market is a powerful platform that makes it possible to mobilize financial resources and provides enterprises with many new and competitive financing tools. With this in mind, the article assesses the current state of the Ukrainian stock market as it integrates into the global environment. This work analyzes the indicators of the Ukrainian stock market and highlights the main conditions of movement towards the perspective of effective functioning. Modern changes in the process of work on the stock market of Ukraine were noted. A thorough study of the institutional, instrumental and infrastructural components of the stock market development was conducted, the main trends of the stock market functioning were revealed and its innate features were noted. Attention is focused on the main sources of resources through which the stock market receives capital, among which shares, bonds and investment certificates are still the main ones, which show the inconsistency of domestic standards with the world level. Possible directions for improvement and further development of the Ukrainian stock market have been determined. For the accuracy of the study, the authors used the most recent official data for 2021, which are published by the National Commission for Sources of Securities and the Stock Market of Ukraine. Particular attention is paid to the consideration of the stock market as a multiplier, which, thanks to its direct functions, namely the attraction and redistribution of capital, should stimulate the development of domestic enterprises. It should be emphasized that in the process of research, not only the advantages of the development of its market in the future are considered, but also the weaknesses of its current state are analyzed. In general, this article is devoted to the study of the state, problems and prospects of the development of the stock market of Ukraine.