Self-Financing in Market Developed Countries: Formation and Development
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Academic Journal Incorporations
Abstract
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The article deals with the main elements of a market economy, such as self-sufficiency and self-financing. It is noted that the highest level and dynamics of self-financing are achieved in the conditions of innovative development of corporations or enterprises. In addition, through an excursion into the history of the formation and development of self-financing, a number of proposals are made on the need to maintain this phenomenon in the context of the transition to a market within countries with economies in transition. This makes it possible to increase the stability of the functioning of the economic mechanism of enterprises and increase its accumulation and raise the level of self-financing.
Keywords
self-sufficiency, self-financing, mechanism, private property, principles of self-financing, types of enterprises, securities