Modern operating conditions of enterprises require greater flexibility and adaptability to external conditions, which must be taken into account when developing their financial policy. For enterprises with state participation, such requirements are also typical, however, if the question of forming the financial policy of enterprises in Ukraine is generally quite open to scientists, then the specified problem remains scientifically undeveloped. The purpose of the study is to analyze the financial impact of political-oligarchic interests of enterprises with state participation on the processes of formation and implementation of financial policy in the state.