Social and Economic Consequences of Bankrupcy of the Companies in Ukraine

As a result of the research it was determined that, the main causes of bankruptcy in the current economic conditions is a violation of financial stability; decline in business activity; significant debt; low liquidity assets, etc.; socio-economic consequences of bankruptcy is the fall in GDP, the decline in industrial and other products; reducing the supply of goods and services in the market; decline in innovation and capital investment; a negative multiplier effect and others; the main types of bankruptcy inherent in national enterprises - a fictitious bankruptcy; deliberate bankruptcy; technical failure; real bankruptcy. In recent years, fictitious bankruptcy is most typical for production assets of corporations that serves as cost centers; actual bankruptcy - in small and medium business; it had been found, that the overall socio-economic consequences of bankruptcy in Ukraine are negative; it has been found that, the nature of the relationship between bankruptcy and indicators of socio-economic development is fairly close, which suggests that domestic enterprises are essential curative measures, measures of financial rehabilitation of enterprises; simplification of the tax regime for small and medium businesses. The model of communication process of bankruptcy and socio-economic indicators of Ukraine demonstrated a significant correlation between the present bankruptcy and tax revenues to the state budget. The impact of bankruptcy on the overall economic development of the country is a scientific and reasonable, which makes recommendations for further research. I have proved the important meaning of bankruptcy in the treatment of various scientists. There were presented internal and external causes of bankruptcy and its types. The next things were developed: the clarification of the external and internal in relation to the subject of business factors affecting its activities; the order of the enterprise is declared bankrupt; the main socio-economic consequences of the bankruptcy of enterprises in Ukraine. .