The Scientific-Methodical Approach to the Choice of Strategies for Managing the Capital Structure of the Energy-Generating Joint Stock Companies

The article is concerned with substantiation of the scientific-methodical approach to the choice of strategies of management of the capital structure of energy-generating joint-stock companies. Five energy-generating joint-stock companies represented on the Ukrainian energy market: PJSC «Tsentrenergo», PJSC «Kyivenergo», PJSC «DTEK Zakhidenergo», PJSC «Donbasenergo» and PJSC «DTEK Dniproenergo» were used as the research base. The main problems in terms of the process of managing the capital structure of energy-generating joint stock companies have been allocated, it has been determined that the chosen enterprises do not use a clear approach to the choice of strategies. The block-scheme of the choice of strategies for managing the capital structure of energy-generating joint stock companies has been proposed, which allows to reflect the process of strategy selection in a comprehensive manner. Thus, the publication improves the scientific-methodical approach to the choice of strategies of management of the capital structure of power generating joint-stock companies, which, unlike the established ones, is based on the proposed structural-logical block-scheme, taking account of the principles of maximizing profitability, minimizing costs and risks, optimizing the structure of capital and compliance with the corporate development vector