Abstract:

The manuscript focuses on the fact that creating shared value (CSV) is a new managerial practice of improving the financial efficiency of a business and ensuring the effective cooperation between the state, business, and society. The correlation of relative volumes of positive and negative factors of influence on balance level is presented. It has been proved that it is necessary to modify state influence on innovative and investment activity to create shared value. Important indicators of CSV are analyzed. The necessity of forming of terms for market self-regulation of the financial system is described. The importance of solving problems of the creation of a favorable investment climate of the state, achievement of its financial balance, and support it on a due level is proved.