Ñîäåðæàíèå Âåñòíèêà ýêîíîìè÷åñêîãî ôàêóëüòåòà ¹ 534
Íàâñòðå÷ó 200-ëåòèþ Õàðüêîâñêîãî Óíèâåðñèòåòà
Ãëóùåíêî Â.Â., ä.ý.í.............................................................................................................................. 3
Ì.Ì. ÀËÅÊÑÅÅÍÊÎ ÊÀÊ ÔÈÍÀÍÑÈÑÒ È ÐÅÊÒÎÐ
Ðàçäåë 1. Ýêîíîìè÷åñêàÿ òåîðèÿ. Ìèðîâàÿ ýêîíîìèêà
Ãîðîäíÿê ².Â......................................................................................................................................... 13
ÔÀÊÒÎÐÈ, ÙÎ ÂÈÇÍÀ×ÀÞÒÜ ÀÄÀÏÒÈÂͲ ÌÎÆËÈÂÎÑÒ² ÍÀÑÅËÅÍÍß
ÄÎ ÐÈÍÊÎÂÈÕ ÓÌÎÂ
Ãðèöåíêî Å.À., ê.ý.í............................................................................................................................ 17
ÎÑÎÁÅÍÍÎÑÒÈ ÍÅÄÂÈÆÈÌÎÑÒÈ ÊÀÊ ÈÍÂÅÑÒÈÖÈÎÍÍÎÃÎ ÁËÀÃÀ
Äàâûäîâ À.È., ê.ý.í., Æóðàâåëü Â.Â................................................................................................. 21
ÌÈÐÎÂÎÉ ÎÏÛÒ ÐÀÇÂÈÒÈß ÐÛÍÊÀ ÖÅÍÍÛÕ ÁÓÌÀÃ
Êèì Ò.È................................................................................................................................................. 26
ÑÎÂÐÅÌÅÍÍÛÅ ÀÑÏÅÊÒÛ ÈÑÑËÅÄÎÂÀÍÈß ÁÅÇÐÀÁÎÒÈÖÛ ÊÀÊ
ÑÎÖÈÀËÜÍÎ-ÝÊÎÍÎÌÈ×ÅÑÊÎÃÎ ßÂËÅÍÈß
Ëèïîâ Â.Â............................................................................................................................................. 31
ÕÎÇßÉÑÒÂÎÂÀÍÈÅ ÊÀÊ ÎÑÍÎÂÎÏÎËÀÃÀÞÙÀß ËÎÃÈ×ÅÑÊÀß
ÊÀÒÅÃÎÐÈß ÝÊÎÍÎÌÈ×ÅÑÊÎÉ ÍÀÓÊÈ
Ìàêóõà Ñ.Ì.......................................................................................................................................... 35
ÍÅÎÁÕ²ÄͲÑÒÜ ÀÊÒȲÇÀÖ²¯ Ó×ÀÑÒ² ÏÅÐÅÕ²ÄÍÈÕ ÑÓÑϲËÜÑÒÂ
 ÏÐÎÖÅѲ ÅÊÎÍÎ̲×Íί ÃËÎÁÀ˲ÇÀÖ²¯
Ìîðîçþê Â.Â., ê.å.í............................................................................................................................. 39
ÀÊÖ²ÎÍÓÂÀÍÍß ÒÀ ÏÐÎÁËÅÌÈ ÅÊÎÍÎ̲×ÍÈÕ ÇËÎ×ÈͲÂ
Íåñòåðåíêî Î.Ì................................................................................................................................. 41
ÀÍÀËÈÇ ÈÇÌÅÍÅÍÈß ×ÈÑËÅÍÍÎÑÒÈ È ÑÒÐÓÊÒÓÐÛ ÇÀÍßÒÎÃÎ
ÍÀÑÅËÅÍÈß ÕÀÐÜÊÎÂÑÊÎÉ ÎÁËÀÑÒÈ Â ÓÑËÎÂÈßÕ
ÔÎÐÌÈÐÎÂÀÍÈß ÐÛÍÊÀ ÒÐÓÄÀ
Íîñîâà Î.Â., ê.ý.í................................................................................................................................ 44
ÏÐßÌÛÅ ÈÍÎÑÒÐÀÍÍÛÅ ÈÍÂÅÑÒÈÖÈÈ ÊÀÊ ÑÓÙÍÎÑÒÍÀß ÔÎÐÌÀ ÝÊÎÍÎÌÈ×ÅÑÊÎÉ ÊÀÒÅÃÎÐÈÈ “ÈÍÂÅÑÒÈÖÈß”
Ïîðåâ Ñ.Ì............................................................................................................................................ 48
ÏÐÎÁËÅÌÈ ÐÎÇÂÈÒÊÓ ÂÓDzÂÑÜÊί ÍÀÓÊÈ
Ñêëÿð Ã.Ï.............................................................................................................................................. 53
ÊÎÍÖÅÏÒÓÀËÜͲ ÎÑÍÎÂÈ ÑÒÀËÎÃÎ ÐÎÇÂÈÒÊÓ ÑÔÅÐÈ ÑÏÎÆÈÂ×ί ÊÎÎÏÅÐÀÖ²¯  ÏÅÐÅÕ²ÄÍ²É ÅÊÎÍÎֲ̲
Óêèñ Þ.................................................................................................................................................. 58
ÑÓÙÍÎÑÒÜ È ÔÓÍÊÖÈÈ ÈÍÑÒÈÒÓÒΠ ÝÊÎÍÎÌÈ×ÅÑÊÎÉ ÑÈÑÒÅÌÅ
Ïîì³íîâà ².².......................................................................................................................................... 63
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Ðàçäåë 2. Óïðàâëåíèå ýêîíîìèêîé è ïðåäïðèÿòèåì
Àðò¸ìîâ Â.È., ê.ò.í............................................................................................................................ 67
ÈÍÂÅÑÒÈÖÈÎÍÍÛÉ ÊËÈÌÀÒ Â ×ÅÒÛÐÅÕ ÈÇÌÅÐÅÍÈßÕ
Áóëàåíêî Ë.È., ê.ý.í., Ëàïòåâ Â.Ã.................................................................................................... 74
ÍÅÊÎÒÎÐÛÅ ÀÑÏÅÊÒÛ ÔÀÊÒÎÐÍÎÃÎ ÀÍÀËÈÇÀ ÐÅÍÒÀÁÅËÜÍÎÑÒÈ
ÀÂÀÍÑÈÐÎÂÀÍÍÛÕ ÐÅÑÓÐÑÎÂ
Âàêóëü÷èê Å.Ì., ê.ý.í.......................................................................................................................... 78
ÎÃÐÀÍÈ×ÅÍÈÅ ÇÀÒÐÀÒ ÏÐÈ ÐÀÇËÈ×ÍÛÕ ÓÐÎÂÍßÕ ÄÎÕÎÄÀ
Âàñèëüåâà È.Í., ïðîô., Íàéäåíîâà Ì.Â., ê.ý.í., Øàðèïîâà Ò.Ê................................................. 83
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Ãàëóçà Ñ.Ã., ä.ý.í., Ðàä÷åíêî Þ.Í................................................................................................... 85
ÐÅÑÒÐÓÊÒÓÐÈÇÀÖÈß ÓÏÐÀÂËÅÍÈß È ÊÎÍÊÓÐÅÍÒÎÑÏÎÑÎÁÍÎÑÒÜ ÏÐÅÄÏÐÈßÒÈÉ Â ÏÅÐÅÕÎÄÍÎÉ ÝÊÎÍÎÌÈÊÅ
Ãëóùåíêî Â.Â., ä.ý.í., Ãëóùåíêî À.Ñ., ê.ý.í., Ïàíêîâ Ñ.Â., Çàõàðîâ À.Ì.................................... 95
ÈÍÂÅÑÒÈÖÈÎÍÍÛÅ ÐÈÑÊÈ ÏÐÈ ÐÀÇÂÈÒÈÈ ÝÊÎÍÎÌÈ×ÅÑÊÎÃÎ
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ÍÀ ÝÒÀÏÅ ÏÐÎÃÍÎÇÈÐÎÂÀÍÈß
Ãóðæ³é À.Ì., Ïîðåâ Ñ.Ì................................................................................................................. 100
ÏÐÎ ÑÒÀÍ ÒÀ ÏÅÐÑÏÅÊÒÈÂÈ ÐÎÇÂÈÒÊÓ ÍÀÓÊÈ Ó ÂÈÙÈÕ
ÍÀÂ×ÀËÜÍÈÕ ÇÀÊËÀÄÀÕ
Åëàãèíà Å.Í....................................................................................................................................... 108
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ÂÅËÈÊÎÃÎ ØÅËÊÎÂÎÃÎ ÏÓÒÈ
Êëî÷êî Â.Ñ., ä.ý.í., Ãóñüêîâà Â.Ä., ê.ý.í........................................................................................ 114
ÊÎÍÊÓÐÅÍÖÈß È ÐÅÑÓÐÑ ÊÎÍÊÓÐÅÍÒÎÑÏÎÑÎÁÍÎÑÒÈ ÍÀ ÐÛÍÊÅ
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Êîíîí÷óê Ì.Â.................................................................................................................................... 117
ÃÎÑÓÄÀÐÑÒÂÅÍÍÎÅ ÐÅÃÓËÈÐÎÂÀÍÈÅ ÅÑÒÅÑÒÂÅÍÍÎÉ ÌÎÍÎÏÎËÈÈ
Êîðîëåíêî Â.Â................................................................................................................................... 120
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Êðîëåíêî À.Â..................................................................................................................................... 124
ÝÊÎÍÎÌÈÊÎ-ÏÐÀÂÎÂÛÅ ÏÐÎÁËÅÌÛ ÐÅÃÓËÈÐÎÂÀÍÈß
ÇÀÐÀÁÎÒÍÎÉ ÏËÀÒÛ ÍÀ ÓÐÎÂÍÅ ÔÈÐÌÛ
Ëèñåíêî Ñ.Ô., ïðîô., Ñàïîæí³êîâ Å.Î........................................................................................ 130
ÎÐÃÀͲÇÀÖ²ß ÒÅÕͲ×ÍÎÃÎ ÏÅÐÅÎÇÁÐΪÍÍß ÂÈÐÎÁÍÈÖÒÂÀ
 ÓÌÎÂÀÕ ÐÈÍÊÎÂί ÅÊÎÍÎ̲ÊÈ
Ëþá÷åíêî Â.È., ê.ý.í., Äåðêà÷ À.Â................................................................................................. 135
ÔÎÐÌÈÐÎÂÀÍÈÅ ÈÍÂÅÑÒÈÖÈÎÍÍÎÃÎ ÏÎÒÅÍÖÈÀËÀ ÓÊÐÀÈÍÛ
Ìèùåíêî Ñ.Ï..................................................................................................................................... 140
ÐÅÑÒÐÓÊÒÓÐÈÇÀÖÈß ÏÐÅÄÏÐÈßÒÈÉ Â ÓÑËÎÂÈßÕ ÑÒÀÍÎÂËÅÍÈß
ÐÛÍÎ×ÍÎÉ ÑÐÅÄÛ È ÑÒÐÀÒÅÃÈß ÐÀÇÂÈÒÈß
Íàçàðîâà Î.Þ.................................................................................................................................. 144
ÀÍÀË²Ç ÒÀ ÎÖ²ÍÊÀ ÅÔÅÊÒÈÂÍÎÑÒ² ѲÒÎÂÎÃÎ ÄÎѲÄÓ ÏÐÈÂÀÒÈÇÀÖ²¯
Íåñòåðåíêî Ð.À................................................................................................................................ 149
ÎÖÅÍÊÀ ÈÇÌÅÍÅÍÈß ÐÛÍÎ×ÍÛÕ ÄÎËÅÉ ÁÈÇÍÅÑÀ ÊÀÊ ÈÍÄÈÊÀÒÎÐ ÒÅÊÓÙÅÃÎ ÑÎÑÒÎßÍÈß ÎÐÃÀÍÈÇÀÖÈÈ
Íîñà÷ È.Â........................................................................................................................................... 152
ÃÎÑÓÄÀÐÑÒÂÅÍÍÎÅ ÐÅÃÓËÈÐÎÂÀÍÈÅ ÈÍÂÅÑÒÈÖÈÎÍÍÎÉ
ÄÅßÒÅËÜÍÎÑÒÈ
Îâñèåíêî Î.Â..................................................................................................................................... 158
ÌÅÕÀÍÈÇÌ ÃÎÑÓÄÀÐÑÒÂÅÍÍÎÃÎ ÐÅÃÓËÈÐÎÂÀÍÈß
ÝÍÅÐÃÎÑÁÅÐÅÆÅÍÈß: ÏÎÏÛÒÊÀ ÊÐÈÒÈ×ÅÑÊÎÃÎ ÎÑÌÛÑËÅÍÈß
Ïåòðóêåâè÷ Ñ.Í................................................................................................................................ 161
ÑÈÑÒÅÌÍÛÉ ÀÍÀËÈÇ ÊÀÊ ÎÄÈÍ ÈÇ ÌÅÒÎÄÎÂ ÎÖÅÍÊÈ
ÎÐÃÀÍÈÇÀÖÈÎÍÍÎÉ ÑÒÐÓÊÒÓÐÛ ÏÐÅÄÏÐÈßÒÈß
Ïîíîìàðåíêî Î.Í............................................................................................................................. 164
ÓÏÐÀÂËÅÍÈÅ ÈÍÂÅÑÒÈÖÈÎÍÍÎÉ ÏÐÈÂËÅÊÀÒÅËÜÍÎÑÒÜÞ ÀÊÖÈÉ
Ðîçèò Ò.Â........................................................................................................................................... 168
ÓÏÐÀÂËÅÍ×ÅÑÊÈÉ Ó×ÅÒ ÊÀÊ ÎÑÍÎÂÀ ÐÅØÅÍÈÉ ÐÓÊÎÂÎÄÈÒÅËß
Òðóõàí Å.À.......................................................................................................................................... 171
ÐÎËÜ ÃÎÑÓÄÀÐÑÒÂÀ Â ÓÏÐÀÂËÅÍÈÈ ÝÊÎÍÎÌÈÊÎÉ Â ÏÎÑÒÏÐÈÂÀ-ÒÈÇÀÖÈÎÍÍÛÉ ÏÅÐÈÎÄ
×óïðèí Ê.Ñ........................................................................................................................................ 176
Ê ÂÎÏÐÎÑÓ Î ÔÎÐÌÈÐÎÂÀÍÈÈ ÐÛÍÊÀ ÑÀÕÀÐÀ Â ÓÊÐÀÈÍÅ
×óïðèíà Î.À., ê.å.í........................................................................................................................... 180
ÑÓ×ÀÑÍÈÉ ÑÒÀÍ ÂÈÐÎÁÍÈÖÒÂÀ ÖÓÊÐÓ Ó ÕÀÐʲÂÑÜÊ²É ÎÁËÀÑÒ²
Øóáà Å.À............................................................................................................................................ 182
ÒÅÎÐÅÒÈÊÎ-ÌÅÒÎÄÎËÎÃÈ×ÅÑÊÈÅ ÏÐÎÁËÅÌÛ ÑÒÀÍÎÂËÅÍÈß
ÊÎÐÏÎÐÀÒÈÂÍÎÃÎ ÓÏÐÀÂËÅÍÈß Â ÓÊÐÀÈÍÅ
Áðîíèöüêèé Î.Ì............................................................................................................................... 186
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ÊÎÌÅÐÖ²ÉÍÈÕ ÁÀÍʲ ÓÊÐÀ¯ÍÈ
Âàñèëüºâ À.É., ê.å.í........................................................................................................................... 188
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ÂÈÐÎÁÍÈÖÒ²
Ðàçäåë 3. Ôèíàíñû, äåíåæíîå îáðàùåíèå, áàíêîâñêîå äåëî
Áàãàòûðü À.Å., ê.ý.í......................................................................................................................... 192
ÔÈÍÀÍÑÛ ÏÐÅÄÏÐÈßÒÈÉ È ÌÅÒÎÄÛ ÃÎÑÓÄÀÐÑÒÂÅÍÍÎÃÎ
ÐÅÃÓËÈÐÎÂÀÍÈß
Âàñèëüåâ À.Â., ê.ý.í........................................................................................................................... 195
ÖÅËÈ È ÏÅÐÑÏÅÊÒÈÂÛ ÝÌÈÑÑÈÈ ÖÅÍÍÛÕ ÁÓÌÀÃ
Ãëóøêî Ñ.Ì., ê.å.í., ×åðâÿêîâ ².Ì., ê.å.í....................................................................................... 199
²ÍÂÅÑÒÈÖ²ÉÍÀ ÊÐÈÇÀ  ÓÊÐÀ¯Í² ÒÀ ØËßÕÈ ¯¯ ÏÎÄÎËÀÍÍß
Ãëóùåíêî À.Ñ., ê.å.í., Ïðîíüê³íà Ã.Ñ............................................................................................ 203
ÏÐÎÁËÅÌÈ Ì²ÆÁÞÄÆÅÒÍÈÕ Â²ÄÍÎÑÈÍ ÒÀ ØËßÕÈ ¯Õ ÂÄÎÑÊÎÍÀËÅÍÍß
Äóäêà Í.È., äîêòîðàíò ÕÍÓ......................................................................................................... 206
ÊÎÍÖÅÏÒÓÀËÜÍÛÅ ÎÑÍÎÂÛ ÔÈÍÀÍÑÎÂÎÃÎ ÓÏÐÀÂËÅÍÈß
ÂÛÑØÅÉ ØÊÎËÎÉ
Ãðåáåíþê Í.Î.................................................................................................................................... 216
ÔÎÐÌÓÂÀÍÍß ÑÒÐÀÒÅò¯ ÐÈÇÈÊÓ ÊÎÌÅÐÖ²ÉÍÎÃÎ ÁÀÍÊÓ
Äàðìîñòóê Ä.Ã................................................................................................................................. 221
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Äîðîøåíêî À.À., ê.ý.í., Äîðîøåíêî Í.À....................................................................................... 226
ÍÀÄÇÎÐ ÇÀ ÁÀÍÊÎÂÑÊÎÉ ÄÅßÒÅËÜÍÎÑÒÜÞ È ÏÐÈÍÖÈÏÛ ÅÃÎ ÓÑÎÂÅÐØÅÍÑÒÂÎÂÀÍÈß
Åâòóøåíêî Å.Â.................................................................................................................................. 229
ÄÅÍÅÆÍÎ-ÊÐÅÄÈÒÍÎÅ ÐÅÃÓËÈÐÎÂÀÍÈÅ ÈÍÂÅÑÒÈÖÈÎÍÍÎÉ ÄÅßÒÅËÜÍÎÑÒÈ
Æóêîâà Ë.Í....................................................................................................................................... 232
ÁÀÍÊÎÂÑÊÈÅ ÎÏÅÐÀÖÈÈ Ñ ÖÅÍÍÛÌÈ ÁÓÌÀÃÀÌÈ
Çàé÷åíêî À.Â...................................................................................................................................... 237
ÏÐÈÍÖÈÏÛ ÂÇÈÌÀÍÈß ÍÀËÎÃÀ ÍÀ ÄÎÁÀÂËÅÍÍÓÞ ÑÒÎÈÌÎÑÒÜ
ÏÐÈ ÎÑÓÙÅÑÒÂËÅÍÈÈ ÂÍÅØÍÅÝÊÎÍÎÌÈ×ÅÑÊÎÉ ÄÅßÒÅËÜÍÎÑÒÈ
Êàòàðæíîâà Ã.²............................................................................................................................... 240
ÎÏÒÈ̲ÇÀÖ²ß ÐÅÃÓËÞÂÀÍÍß ÊÀϲÒÀËÓ ÊÎÌÅÐÖ²ÉÍÈÕ ÁÀÍʲ ÓÊÐÀ¯ÍÈ
Êîëî쳺öü Ã.Ì., ê.å.í., Ïÿòíèöüêà Í............................................................................................ 243
ÑÒÂÎÐÅÍÍß ÃËÎÁÀËÜÍί Ô²ÍÀÍÑÎÂί ÀÐÕ²ÒÅÊÒÓÐÈ ÒÀ
ÒÐÀÍÑÔÎÐÌÀÖ²ß ÍÀÖ²ÎÍÀËÜÍÈÕ ÅÊÎÍÎ̲×ÍÈÕ ²ÍÒÅÐÅѲÂ
Êîëîñîâ Í.Â....................................................................................................................................... 246
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Êîíîíåíêî È.Â................................................................................................................................... 249
ÑÎÂÐÅÌÅÍÍÛÅ ÏÐÎÁËÅÌÛ ÔÎÐÌÈÐÎÂÀÍÈß ÎÁÎÐÎÒÍÛÕ ÑÐÅÄÑÒÂ ÏÐÅÄÏÐÈßÒÈÉ ÀÂÒÎÌÎÁÈËÜÍÎÉ ÏÐÎÌÛØËÅÍÍÎÑÒÈ ÓÊÐÀÈÍÛ
Êîøìàí À.Â....................................................................................................................................... 251
ÓÃÎËÎÂÍÀß ÎÒÂÅÒÑÒÂÅÍÍÎÑÒÜ ÇÀ ÍÅÓÏËÀÒÓ ÍÀËÎÃÎÂ
Ëîïàòåíêî Ì.Ã., Ãëóùåíêî À.Ñ., ê.ý.í.......................................................................................... 254
ÑÒÐÀÕÎÂÀÍÈÅ ÊÀÊ ÎÄÍÀ ÈÇ ÔÎÐÌ ÑÒÐÀÕÎÂÎÉ ÇÀÙÈÒÛ
È ÎÐÃÀÍÈÇÀÖÈÈ ÑÒÐÀÕÎÂÎÃÎ ÔÎÍÄÀ
Íèêîíåíêî Þ.È................................................................................................................................ 258
ÑÎÑÒÎßÍÈÅ È ÐÀÇÂÈÒÈÅ ÐÛÍÊÀ ÎÁËÈÃÀÖÈÉ ÌÅÑÒÍÛÕ ÇÀÉÌÎÂ
ÇÀ ÐÓÁÅÆÎÌ È Â ÓÊÐÀÈÍÅ
Ïåðåøèáê³í Ì.Ì.............................................................................................................................. 262
ÒÅÎÐÅÒÈ×ÍÀ ÑÓÒͲÑÒÜ ÒÀ Ç̲ÑÒ ÏÎÍßÒÒß Ë²Ê²ÄͲÑÒÜ ÊÎÌÅÐÖ²ÉÍÎÃÎ ÁÀÍÊÓ
Ñåëåçíåâà È.È................................................................................................................................... 265
ÄÅÏÎÇÈÒÀÐÍÛÅ ÐÀÑÏÈÑÊÈ ÊÀÊ ÈÍÑÒÐÓÌÅÍÒ ÌÅÆÄÓÍÀÐÎÄÍÎÃÎ ÔÎÍÄÎÂÎÃÎ ÐÛÍÊÀ
Ñìîëêî Â., Ëîáàñ Â.Ñ....................................................................................................................... 270
Ô²ÍÀÍÑÎÂÅ ÇÀÁÅÇÏÅ×ÅÍÍß ÐÎÇÂÈÒÊÓ ÌÀËÎÃÎ Á²ÇÍÅÑÓ Â ÓÊÐÀ¯Í²
Ôàì Âüåò Çóíã.................................................................................................................................. 274
ÝÔÔÅÊÒÈÂÍÎÑÒÜ ÈÍÂÅÑÒÈÖÈÉ
Ôåäîñèê ².Ì....................................................................................................................................... 277
ÎÑÎÁËÈÂÎÑÒ² ÓÏÐÀÂ˲ÍÍß ÐÅÑÓÐÑÍÈÌ ÏÎÒÅÍÖ²ÀËÎÌ
ÊÎÌÅÐÖ²ÉÍÎÃÎ ÁÀÍÊÓ
Õìåëü Ñ.Í., ê.ý.í., Õìåëü Â.È.......................................................................................................... 280
ÔÈÍÀÍÑÎÂÎ-ÊÐÅÄÈÒÍÎÅ ÑÒÈÌÓËÈÐÎÂÀÍÈÅ ÑÒÐÓÊÒÓÐÍÛÕ
ÒÐÀÍÑÔÎÐÌÀÖÈÉ Â ÏÐÎÌÛØËÅÍÍÎÑÒÈ ÓÊÐÀÈÍÛ
×åðíîâ Â.Â......................................................................................................................................... 283
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