FINANCE MANAGEMENT OF THE JOINT-STOCK COMPANIES FROM AUTOMOTIVE INDUSTRY IN THE ERA OF MILITARY CONFLICT IN UKRAINE

Purpose:The purpose of this article is to assess the impact of the ongoing military conflict in Ukraine on the financial management of automotive companies listed on both the Polish and European stock exchanges.Design/methodology/approach: The article will analyze 99 joint-stock companies listed on global stock exchanges in 2020-2025.The main research method will be an econometric model, which will be used to determine in which years the automotive industry grew the most and in which years it did not, and whether companies have faced significant financial problems since the start of Russia's invasion of Ukraine.Findings: As a result of the econometric model estimation process, it was observed that the analyzed companies from the automotive industry, whose shares are listed on global stock exchanges, grew the most in 2020.In result of research the reported net profit had the greatest impact on the value of these companies.The year 2022 brought the largest financial losses.At the beginning of the war in Ukraine, stock exchanges around the world reacted very negatively. Research limitations/implications:The research limitations result that the estimated econometric model uses net profit recorded in 2020-2025 (six variables) as independent variables.The dependent variable is the average value of the company from the same research period.In the future, the author would like to expand the research, focusing on estimating more complex econometric models constructed in relation to the development of an AI-based business model.Practical implications: An article is also aimed not only at scientists, but managers, investors, analysts, regulators and listed companies, too.The study may help in the process of designing more resilient financial strategies for future economic crises.Social implications: From a social perspective, the content presented in the article may shape public awareness of the impact of armed conflicts not only on geopolitics, but above all on the entire economy, risk of reduced employment in the automotive industry and security, not only economic but also military.Originality/value: The research conducted for this article provides a broad perspective