Світовий досвід оздоровлення неплатоспроможних підприємств та можливості його застосування в Україні

Abstract

Розкрито особливості процедури банкрутства та ліквідації підприємств в Україні та країнах Західної Європи, досліджено світовий досвід оздоровлення неплатоспроможних підприємств та описано можливості його застосування у вітчизняній економіці.

The crisis that began in the financial sector of the USA in 2008 has quickly evolved into a deep financial and economic threat and has spread to other countries because of the openness of the economy. Thus, taking into account the whole world crisis testified the inability of financial systems of the most countries under economic difficulties and resulted in an increase in the number of insolvent enterprises. The effects of global crisis are still noticeable resulting in a high increase in the number of bankrupt enterprises both in Ukraine and abroad. Thus, in January-September of 2012 in Ukraine the percentage of unprofitable enterprises was at a rate of 39,1% and they were facing losses of 82764,9 million hryvnias which is 6,1% more compared to the corresponding period of the previous year. The businesses are affected by an effective system of bankruptcy and liquidation. According to the World Bank, Ukraine occupies 137th place by the ease of doing business and 157th place by the effectiveness of enterprises’ liquidation procedures among 185 countries. According to the “Doing Business 2013” the country’s place in the rating of the enterprises liquidation quality is determined by three parameters: the coefficient of refunding claims of creditors, the duration of bankruptcy procedures and cost of liquidation procedures. According to data the system of bankruptcy in Ukraine is not quite effective as the following patterns are observed: low rate of refunding claims of creditors, high costs relative to the total value of the business and too long process of restoration of the debtor solvency and/or declaring of its bankruptcy. The procedure of bankruptcy and liquidation of enterprises in Ukraine and Western Europe is presented in the article. The international experience of insolvent enterprises sanation is studied and the possibilities of its use in the domestic economy are described.