CONTRACTUAL POLICY OF THE ENTERPRISE AS A TOOL FOR ENSURING FINANCIAL STABILITY AND CREDITWORTHINESS IN COOPERATION WITH BANKS
DOI:
https://doi.org/10.32782/pdau.eco.2025.4.8Keywords:
legal certainty, contractual discipline, credit risk, corporate compliance, risk–based control, financial responsibility, business reliabilityAbstract
Under conditions of increasing economic turbulence, stricter regulatory requirements for business transparency, and more complex banking procedures for obtaining credit resources, the effective organization of contractual policy becomes a decisive factor of financial stability for business entities. Ensuring stable cash flows, controlling insolvency risks, and maintaining the confidence of financial institutions directly depend on the enterprise’s ability to provide structured, transparent, and legally certain contractual obligations. Despite the crucial role of contractual discipline, existing approaches to its assessment are predominantly fragmented and fail to consider the integrated interaction of financial, legal, and compliance–related factors. The purpose of this study is to develop conceptual foundations and a practical toolkit for assessing an enterprise’s contractual policy as a mechanism for strengthening its financial resilience and ability to maintain a high level of trust from banking institutions. The methodological basis of the study includes methods of systemic, structural, and comparative analysis, an economic–legal approach, expert evaluation techniques, and a risk–oriented approach to assessing contractual and financial operations. In the course of the research, the conceptual definition of an enterprise’s contractual policy has been improved as an integrated subsystem of corporate governance that combines legal mechanisms with financial flow management, counterparty due diligence procedures, internal audit systems, and credit interaction practices. A matrix model for assessing contractual risks has been developed, incorporating financial, legal, operational, and compliance parameters, and enabling the identification of critical risk zones at different stages of the contract life cycle. Typical errors made by enterprises in their interaction with banks are identified, and their impact on lending conditions and financial reputation is substantiated. The proposed model increases transparency, predictability, and reliability of business activities, forming a basis for long–term access to credit resources on competitive terms.
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