scholarly journals Economic Security Formation of Enterprise Under the Conditions of Steady Development

2021 ◽  
Vol 10 (1) ◽  
pp. 561
Author(s):  
Oksana Hryvkivska ◽  
Nataliia Kotvytska ◽  
Natalia Ivanova ◽  
Nataliia Pryimak ◽  
Iryna Salkova
Keyword(s):  
Economic Activity ◽  
Mechanical Engineering ◽  
Economic Security ◽  
Focal Points ◽  
Fixed Assets ◽  
Business Entities ◽  
The Cost

The most relevant aspects of achieving economic security of enterprises are determined in the article. The assessment of the level of economic security was conducted using the method of analysis of the functioning environment. The focal points of the assessment are interests, threats and resources. The possibility of economic security strengthening of business entities is traced using analysis of economic activity of mechanical engineering companies of Vinnytsia region of Ukraine as an example. At the same time, businesses that cannot cover the cost of resources with the income from goods sale in the current year were singled out. Businesses entities positioning in the functioning environment in the context of economic security motivation (interests - increase in enterprise income, threats - growth of current and long-term liabilities, resources - use of fixed assets and employees), allowed to find opportunities to increase the efficiency of enterprises that to the greater extent are related to the manufacturing of machinery and equipment.

scholarly journals Forecasting the effectiveness and economic security of organizations, branches of the national economy

2019 ◽  
Vol 135 ◽  
pp. 04032 ◽  
Author(s):  
Valeriya Krolivetskaya ◽  
Eduard Krolivetsky
Keyword(s):  
National Economy ◽  
Economic Security ◽  
Economic Activities ◽  
Mathematical Methods ◽  
Services Sector ◽  
Business Entities ◽  
Relationship Of ◽  
The Relationship ◽  
Functional Purpose

The article reveals the essence and functional purpose of forecasting economic and social results, efficiency, economic security of organizations and sectoral components of the national economy, the relationship of the main economic characteristics and economic security, justifies the feasibility of using economic and mathematical methods of forecasting to ensure economic security, accuracy and significance of forecast estimates. The article reveals the composition of generalizing indicators of correlation characterizing for the medium and long-term development of sectoral and local components. Also it reveals a set of measures and actions to collect and systematize socio-economic information about the current and retrospective activity of the object of planning and forecasting which would ensure the adequacy of forecasting of the normative and threshold values of economic security, interaction with other technological elements of the management system of medium and longterm development of business entities, economic activities (sectoral components) of the services sector.

scholarly journals Strategic management in the process of construction of systems of economic protection of the results of activities of agro-business entities

2019 ◽  
pp. 80-85
Author(s):  
Oksana Makovoz
Keyword(s):  
Risk Management ◽  
Strategic Management ◽  
Economic Security ◽  
Strategic Risk ◽  
Logical Method ◽  
Theoretical Generalization ◽  
Strategic Goals ◽  
Business Entities ◽  
Conceptual Foundations

Purpose. The aim of the article is generalization of the conceptual foundations of strategic management to ensure the economic security of the enterprise in the process of building systems of economic protection of the results of activities of agro-business subjects as an effective mechanism for counteracting external and internal threats. Methodology of research. Scientific methods are used in the writing of the articles, in particular: theoretical generalization – to understand key theories of strategic management; synthesis and analysis – to detail the systems of economic protection of the results of the activity of the subjects of agribusiness as an object of research by its breakdown into parts; abstract and logical method – during the study of the structure of the components of the system of economic protection of the results of the enterprises. Findings. The toolkit of economic protection of agribusiness entities, which can be further transformed and supplemented according to the research of the peculiarities of functioning of their activity in the current market conditions, is investigated. It is substantiated that economic protection of the results of the enterprise activity should include a system of diagnostics and risk management, which will further ensure within the enterprise itself to make prompt decisions on strategic risk management both internal and external environment. The scheme of risk management in the system of economic protection of investment activities of agribusiness entities is proposed. The systems of economic protection of the results of activity of enterprises are improved. Originality. The main criteria of efficiency of economic protection of interests and results of activity of subjects of agro-business in the long term are substantiated: profitability of own capital and economic equilibrium, which characterizes rationality and prudence of management of economic resources and creates a basis for achievement of strategic goals of the enterprise in the long term. Practical value. The introduction of the proposed research results into the activities of agribusiness entities for the use of conceptual principles of strategic planning will contribute to the establishment of a system of economic protection of the results of business activity and dynamic development. Key words: strategic management; risk; threat; protection; result; economic security; management system; enterprise.

scholarly journals Algorithms for countering economic crimes and assessing the level of threats to economic security in the context of strategic management

2020 ◽  
Vol 81 (4) ◽  
pp. 280-290
Author(s):  
S. P. Khrustaleva ◽  
K. S. Krivyakin ◽  
M. S. Lutsenko ◽  
O. O. Shendrikova
Keyword(s):  
Economic Activity ◽  
Internal Audit ◽  
Economic Security ◽  
The State ◽  
Economic Crime ◽  
Industrial Enterprises ◽  
Four Levels ◽  
Business Entities ◽  
Functional Components ◽  
Economic Crimes

Crimes in the field of economic activity have become so common in society that crime in the economy has become the norm in the behavior of business entities. Economic crime in Russia at the present stage has reached such a scale that it really threatens the national security of the state. All this requires a detailed study of the individual elements of a crime in the sphere of economic activity and determination of methods for preventing economic crimes. Ensuring the economic rule of law is a guarantee of ensuring the economic security of the state in the future. Economic crimes committed at enterprises of various patterns of ownership are considered. The main type of economic crime is the misappropriation of assets (property), bribery and corruption are in second place, and finally, the third type of common economic crime in 2019 is procurement fraud. The amount of damage from economic crimes in large enterprises ranges from 100 thousand to 1 million US dollars. The main tools for detecting economic crimes in Russia are: the activities of the internal audit and economic security services; information technology protection and financial security of the enterprise; reporting suspicious transactions; the activities of the enterprise to manage the risks of losses from fraud. It is proposed to identify four levels of economic security of the enterprise: critical, low, medium and high. The optimality of the processes for managing economic and information security of PJSC VASO was assessed, which made it possible to single out the main functional components of the overall security of industrial enterprises. A comprehensive assessment of the level of economic threats of PJSC “VASO” as of 2019 was carried out.

scholarly journals Principles of performing foreign economic transactions and contracts

2021 ◽  
Vol 2 (99) ◽  
pp. 204-210
Author(s):  
S. Iu. Sokoliuk ◽  
◽  
O. V. Zharun ◽  
O. S. Tupchii
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Economic Activity ◽  
Legal Regulation ◽  
Economic Security ◽  
Legal Form ◽  
Normative Documents ◽  
Trade Law ◽  
International Trade Law ◽  
Business Entities

In the context of complex political and socio-economic processes, that are characterized by the stratification of the property status of various segments of the population, by the growth of customs offenses, by the aggravation of the influence of destabilizing trends on the economic security of the state, the issue of creating an effective state system of customs and legal regulation of foreign economic activity of business entities becomes relevant. The variety of nomenclature of goods transported across the customs border, and the peculiarities of foreign economic operations determines the implementation of customs and legal regulation by a large number of state authorities, each of which, within the limits of their competence, is entitled to issue normative documents in the field of foreign economic activity and provide permits for foreign trade operations. The fulfillment of a foreign trade obligation is subject to both the terms of the agreement and the provisions of the normative sources of international trade law, and the customs of commercial turnover. Among the customs produced by many years of experience in international trade, the customs are distinguished, which have become general provisions, which in the civil doctrine are called the principles of fulfilling obligations. When drawing up an agreement, it is important to establish which state law will govern relations under a specific agreement, since there are significant differences in resolving the same issues in the law of different countries. The foreign trade sale and purchase agreement is the most common legal form of foreign economic agreement, which mediates the relationship between Ukrainian and foreign entrepreneurs. Its development in accordance with the principles of implementation, the development of conditions and obligations of the parties, the implementation requires special knowledge and skills, taking into account the specific features of the external market.

scholarly journals Efficiency of Mergers of Mechanical Engineering Companies in the Czech Republic

2016 ◽  
Vol 16 (4) ◽  
pp. 361-374
Author(s):  
Mária Režňáková ◽  
Jan Pěta
Keyword(s):  
Czech Republic ◽  
Mechanical Engineering ◽  
Engineering Industry ◽  
The Czech Republic ◽  
Research Results ◽  
Operating Profit ◽  
Labour Costs ◽  
Fixed Assets ◽  
Before And After ◽  
The Cost

Abstract This paper presents the research results in the field of the efficiency of mergers and acquisitions in the mechanical engineering industry of the Czech Republic. The aim of this paper is to determine whether mergers taking place in mechanical engineering are successful, or possibly to identify factors which may be deemed as synergies sources. In our research, the success rate of mergers is identified on the basis of the increasing revenues and operating profit. It has been established that out of mergers completed in 2004 - 2011, success has been achieved in approximately half of them. For this reason, we have focused on identifying the factors which may serve as the reasons for such a difference. The selected indicators of the cost-to-revenue ratio and utilization of fixed assets, investments, and net working capital we analysed before and after the mergers in both groups of successful and unsuccessful mergers. The Mann-Whitney U test was used to test the results. The research results have demonstrated that synergies are not achieved due to the change in the market power of the merged companied but owing to operational efficiency which is reflected in a drop in labour costs and depreciation to revenues ratios and increasing asset utilization.

scholarly journals ANALISIS RASIO KEUANGAN DAN COMMON SIZE UNTUK MENILAI KINERJA KEUANGAN PERUSAHAAN KOSMETIK DAN PERALATAN RUMAH TANGGA YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2013-2015

2019 ◽  
Vol 4 (02) ◽  
Author(s):  
Shinta Anastasya ◽  
Cholis Hidayati
Keyword(s):  
Average Cost ◽  
Total Current ◽  
Profit Rate ◽  
Financial Position ◽  
Fixed Assets ◽  
Net Profit ◽  
Average Current ◽  
The Common ◽  
The Cost

ABSTRACTFrom the Common Size report on the financial position of PT. Akasha Wira Internasional, Tbk. PT. Mandom Indonesia, Tbk. PT. Martina Berto, Tbk. PT. Mustika Ratu, Tbk. And PT. Unilever Indonesia, Tbk can be seen that the average total current assets owned by PT. Martina Berto Tbk of 72.5% is the highest compared to the others. But in the highest average fixed assets owned by PT. Unilever Indonesia Tb 56.5% compared to other cosmetics companies. Then for the highest average current debt owned by the company PT. Unilever Indonesia Tbk by 63.2% compared to other cosmetics companies, on the contrary the highest average long-term debt owned by the company PT. Akhasa Wira International Tbk is 15.0% compared to other cosmetics companies. From the Common Size profit and loss table of PT. Akasha Wira Internasional, Tbk. PT. Mandom Indonesia, Tbk. PT. Martina Berto, Tbk. PT. Mustika Ratu, Tbk. And PT. Unilever Indonesia, Tbk can be seen that the average cost of goods sold by the company PT. Mandom Indonesia Tbk is the highest average compared to other cosmetics companies which is 62%, which means PT. Mandom Indonesia Tbk has an unfavorable profit rate because if the cost of goods sold is higher it will have an impact on profit decline, conversely if the cost of goods sold is low it will increase the company's profit. Similarly, the average gross profit owned by PT. Mustika Ratu Tbk has the highest average compared to other cosmetics companies, which is 57%. And for the highest average net profit owned by PT. Unilever Indonesia Tbk is compared to other cosmetics companies, which is 17%, which means the company is able to perform well so as to produce an increase in profits.Keywords: Financial Ratios, Common Size and Financial Performance

scholarly journals ASSESSING SEA LEVEL RISE VULNERABILITY AND COSTS IN A DATA LIMITED ENVIRONMENT

2020 ◽  
Vol 4 (7) ◽  
pp. 13-31
Author(s):  
Frederick Bloetscher ◽  
Nivedita Sairam ◽  
Sudhagar Nagarajan ◽  
Leonard Berry ◽  
Serena Hoermann
Keyword(s):  
At Risk ◽  
Sea Level Rise ◽  
Sea Level ◽  
Economic Activity ◽  
Social Value ◽  
Storm Water ◽  
Research Project ◽  
Groundwater Levels ◽  
The Cost

“Resiliency” for communities at risk from sea level rise and its effects means preserving as much property and associated economic activity as possible without disrupting current activity or expending funds on projects that provide limited long-term utility or social value. Of interest is how the coincidence of these events impacts the need for storm water improvements and the financial obligations they will entail. This research project focused on the impacts of a non-coastal, groundwater influenced southeast Florida community and the long-term funding they will need to reduce flooding in the community using GIS. This research involved defining surface elevations and groundwater levels, assessing the impacts of sea level rise on groundwater, assessing impacts to storm water from rainfall, identifying likely improvements, and assessing the scale for improvements. The analysis used three extreme rainstorm events under the 0-, 1-, 2-, and 3-foot sea level rise scenarios to determine the magnitude of the cost of the improvements. For a 35-square mile community, our research estimated that the cost could exceed $300 million. For a community not directly adjacent to the coast, the magnitude of these costs should be of interest to similarly placed communities.

scholarly journals APPLICATION OF ECONOMIC EXPERTISE IN ACTIVITIES OF BUSINESS ENTITIES

2021 ◽  
Author(s):  
Olena Morozova
Keyword(s):  
Natural Resources ◽  
Economic Activity ◽  
Economic Condition ◽  
Geographical Location ◽  
Economic Security ◽  
Knowledge And Skills ◽  
Special Knowledge ◽  
Business Entities ◽  
Financial Losses ◽  
Labor Potential

The article examines the features and significance of the application of economic expertise in the activities of economic entities. It is established that the implementation of economic expertise in the activities of economic entities is one of the key tools in forecasting break-even activities and economic security. It is determined that the economic examination of the activities of economic entities should be carried out by an expert who has special knowledge and skills and can confirm them with a state certificate. It is proved that in order to ensure the economic security of economic entities it is necessary to take into account their geographical location, availability of natural resources, labor potential, and equally important is the provision and implementation of permanent economic expertise at the enterprise to identify and prevent violations. lead to significant financial losses. It is established that the key task of economic expertise of economic entities, in generalized form, is to determine the level of development of the economic condition of economic entities during the period of economic activity. Economic examination of business entities should be carried out by an expert who has special knowledge and skills and can confirm them with a state certificate. Thus, economic expertise is a type of intellectual activity that is designed to solve the internal problems of economic entities, as well as improve the system of their management. In turn, economic expertise is costly for businesses, as it requires the involvement of highly qualified experts. In order to ensure the economic security of economic entities it is necessary to take into account their geographical location, availability of natural resources, labor potential, and equally important is the provision and implementation of permanent economic expertise at the enterprise to identify and prevent violations that can lead to significant financial losses. The key task of economic examination of the activities of economic entities, in general, is to determine the level of development of the economic condition of economic entities during the period of economic activity. The subject of this type of examination is to determine the relationship between the economic condition of economic entities with the consequences of the introduction of clear management decisions. Economic expertise is carried out through the use of special knowledge, skills and abilities of an expert economist in order to achieve the goal and solve clearly defined tasks related to accounting and tax accounting, financial and credit transactions, financial and economic activities. management projects.

scholarly journals DIAGNOSTICS OF THE ENTERPRISE’S FINANCIAL CONDITION DURING THE CRISIS

2021 ◽  
Author(s):  
Daria Yasynska ◽  
◽  
Olena Dobrovolska ◽  
Keyword(s):  
Economic Activity ◽  
Financial Stability ◽  
Economic Security ◽  
Working Capital ◽  
Systematic Calculation ◽  
Financial Condition ◽  
Normal Limits ◽  
Accounts Payable ◽  
Crisis Conditions

The paper reveals the essence of diagnostics of the financial condition of an agricultural enterprise during crisis and stipulates the necessity for its systematic implementation. As there are a lot of companies in Ukraine facing the crisis and as a consequence go bankrupt, which in turn negatively affects the dynamics of repayment of accounts payable, it is extremely important to study the financial condition of the company, dynamics of its payables and receivables in order to find the best ways to overcome the crisis and the normalize its economic activity. The article offers economic proposals for stabilizing the economic activity of the enterprise during the crisis. The article also proposes the systematic calculation of the enterprise’s liquidity and keep to these indicators within the normal limits. In its turn, there are several levels of financial security of the enterprise: absolute (the enterprise has sufficient working capital for operation); normal (the enterprise has enough funds to buy inventory and cover costs); satisfactory (the enterprise does not have enough working capital and it resorts to medium-term or long-term liabilities); critical (the company uses long-term loans to finance its activity) and crisis (the company is unable to meet its obligations). The financial condition and financial and economic activity of the enterprise is assessed by its solvency. Solvency acts as an external sign of financial stability, the essence of which is the security of current assets by long-term sources of formation. The success of the enterprise depends on the analysis of risks of threats to the management of financial and economic security of the business entity and leveling and consolidation of efforts in times of crisis. Thus, by analyzing the financial and economic activity of the enterprise, you can determine the dynamics of changes in economic performance. Control of financial and economic security of the enterprise will allow to carry out economic activity at a normal level and in case of deterioration to predict and prevent the onset of crisis conditions that can lead to bankruptcy.

scholarly journals Economic potential of Ukraine: assessment and forecasting

2021 ◽  
Vol 111 ◽  
pp. 01014
Author(s):  
Olena Dymchenko ◽  
Olha Rudachenko ◽  
Valeriya Yesina ◽  
Iurii Tararuiev
Keyword(s):  
Economic Activity ◽  
Statistical Data ◽  
Economic Potential ◽  
Statistical Data Analysis ◽  
Correct Calculation ◽  
Calculation Results ◽  
Business Entities ◽  
Integral Assessment ◽  
Integral Indicator

Based on the results of the open statistical data analysis, the paper justifies indicators for an integral assessment of the economic potential of Ukraine by types of economic activity of business entities. Since the potential is implemented in the future, the paper uses trend analysis to determine the prospective values of previously selected indicators. At the same time, some relative indicators were decomposed into absolute elements (as each of the absolute indicators has its own dynamics of changes). Stepwise, logarithmic, exponential, and other dependencies are used to predict indicators. In addition, the prospective values of indicators were normalized in order to get the correct calculation of the integral indicator in the paper. The integral indicator of the economic potential of Ukraine for each type of economic activity of business entities for the year 2022 is calculated as a result of generalizing the normalized values of prospective indicators. The calculation results can be used to distribute budget funds that are planned to be used for ensuring the long-term development of the Ukrainian economy sectors.

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