INTELLECTUALIZATION OF ENTERPRISE FINANCING SOURCE MANAGEMENT IN THE CONTEXT OF ECONOMIC DE-SHADOWING AND EUROPEAN INTEGRATION TRANSFORMATIONS

Abstract

The article examines the theoretical and applied aspects of the intellectualization of enterprise financing source management in the context of economic de-shadowing and European integration transformations. The classification of enterprise financing sources has been improved by distinguishing, alongside the traditional equity and debt financing sources, investment sources and public funding sources (including state support and international grants). A conceptual framework for integrating intelligent digital technologies into the enterprise financial management system has been developed. Its distinctive feature is the integration of digital-analytical, financial-economic, organizational-managerial, and institutional management dimensions, ensuring greater efficiency in the formation, allocation, and utilization of financial resources. An adaptive cyclic model of the impact of the intellectualization of financing source management on enterprise economic performance is proposed. Unlike existing linear models, the suggested approach is based on a closed-loop feedback mechanism linking economic performance, digital investments, and the further intellectualization of financial management, thereby ensuring the continuous improvement of the management system. Furthermore, the study substantiates a system of interrelationships among the processes of digital transformation, the de-shadowing of financial flows, the optimization of the financing source structure, and the enhancement of financial sustainability, investment attractiveness, and enterprise competitiveness. These interconnections provide a scientific foundation for implementing the European integration priorities of enterprise development and strengthening the resilience of economic entities under contemporary transformational conditions.