Genesis of theoretical approaches to enterprise asset management

Babii Oleh
PhD in Economics, Associate Professor of Enterprise Economics and Business Activity Organization Department, Odessa National Economic University, Ukraine, e-mail: olegbabiy@ukr.net, ORCID ID: https://orcid.org/0000-0001-5199-228X

Koinak Volodymyr
PhD Student of Enterprise Economics and Business Activity Organization Department, Odessa National Economic University, Ukraine, e-mail: koinak.vol@gmail.com, ORCID ID: https://orcid.org/0009-0009-3681-4149

Cite this article:

Babii, O., & Koinak, V. (2023). Genesis of theoretical approaches to enterprise asset management [Genezys teoretychnykh pidkhodiv do upravlinnia aktyvamy pidpryiemstva], Socio-economic research bulletin, Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 3-4 (86-87), pp. 149-160.

Abstract

The article considers the term of «assets» in the context of an enterprise and identifies possible ways of recommendations optimization and development for increasing the efficiency of its asset management. Various approaches to defining the essence of the «assets» term of an enterprise are outlined. The purpose of the article is to investigate the current problems of theoretical approaches genesis to asset management in domestic enterprises. During the study of problematic issues, the following generally accepted research principles and methods were used in the article: logical (to clarify the term «assets»), the method of comparative assessment (during the study of approaches to determining the essence of the term «assets»), the method of comparative assessment (during the study problematic aspects regarding the choice of approaches for estimating the value of enterprise assets), the method of formalization and synthesis, the method of system analysis, and others. The supervisory mechanism of enterprise asset management is analyzed, and measures to increase the efficiency of enterprise asset management are considered. This research integrates insights from diverse disciplines such as engineering, economics, information technology, and sustainability studies. By synthesizing knowledge from these disparate fields, it offers a comprehensive understanding of the multifaceted nature of EAM, transcending traditional disciplinary boundaries. By identifying gaps and areas for future research, the study lays the groundwork for ongoing scholarly inquiry into the theoretical foundations of EAM. It stimulates further exploration into emerging paradigms and the integration of cutting-edge technologies in asset management theory and practice. Based on the conducted research, an optimal structure and composition of enterprise assets are proposed, which will ensure high efficiency of their utilization and support the liquidity of the enterprise at a sufficient level, as well as adapt to changes in the business environment.

Keywords

assets; innovation strategy; capital management; asset management mechanism; asset structure; enterprise liquidity.

JEL classification:C100; M110; M410; DOI:https://doi.org/10.33987/vsed.3-4(86-87).2023.149-160

UD classification: 330.142.26.658.15

This work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

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