scholarly journals FINANCIAL SECURITY OF THE REGION: SCIENTIFIC APPROACHES TO THE IDENTIFICATION OF THE CONCEPT

2020 ◽  
Vol 288 (6) ◽  
pp. 73-77
Author(s):  
Y. NIKOLCHUK ◽  
Keyword(s):  
Economic Security ◽  
Security System ◽  
National Currency ◽  
Effective Control ◽  
Financial Security ◽  
Self Development ◽  
The Face ◽  
System Variability ◽  
Main Components ◽  
State Saturation

Ensuring financial security at all levels of government is an important task for many countries, including Ukraine. It is impossible to solve the economic problems facing the country, region and enterprise without providing them with financial security. This task is becoming a particular priority in the face of instability and financial crisis. The purpose of the article is to generalize the theoretical provisions on the essence of financial security of the regions, to identify its main components and areas of support. The article presents the interpretation of the concept of the region in the framework of different approaches of scientists. The most important blocks of the structure of economic security of the region are revealed: financial independence, stability and stability of the regional economy, ability to self-development and progress. The main approaches to the essence of the concept of “financial security” are systematized, the essence of the concept of “financial security system of the region” is considered. The principles of economic security of the region are given: general, namely: complexity, system, variability (alternatives), the principle of coordination (coordination) of relations and relations of all elements of economic security of the region, the principle of specialization elements (separation of functions and operations performed by elements). Based on the obtained results, the directions of strengthening the financial security of the region are proposed. In the current conditions of economic development of Ukraine, first of all it is necessary to move in the direction of improving the system of financial security, namely: establishing the boundaries of foreign participation in the capital of domestic organizations; introduce industry restrictions; development of effective control systems for attracting and using foreign borrowings. We believe that the country’s financial security system should ensure the solution of the following tasks: creating a full-fledged national currency and maintaining it in a stable and competitive state; saturation of the economy and the market with money supply in the amount necessary for their full functioning and development; creation of conditions provide intensive formation of competitive national financial capital denominated in national currency; ensuring financial parity with Ukraine’s main competitors in the medium term.

scholarly journals The Essence of the Customs Security and Its Place in the National Security System of the State

2020 ◽  
Vol 11 (514) ◽  
pp. 76-82
Author(s):  
O. V. Kostiana ◽  
Keyword(s):  
National Security ◽  
Economic Security ◽  
The State ◽  
Security System ◽  
Financial Security ◽  
The Status ◽  
Domestic Practice ◽  
Main Components ◽  
Almost All ◽  
Graphical Presentation

The article is aimed at determining the essence of the category of «customs security» and its place in the national security system of the State. The category of «customs security» and its main components are analyzed. Approaches to interpretation of this category are considered in line with the national legislation and in accordance with the views of leading domestic and foreign scholars. The wording on which it is advisable to rely in further research is defined. The adjacent category of «customs interests of the State» is considered in the context of the analysis of the category of «customs security», the main types of customs interests of Ukraine at the present stage are defined and grouped, also their graphical presentation is provided. It is determined that the scope of all customs interests of the State lies in the plane of achieving certain economic results and compliance with customs legislation by subjects of foreign economic activity and regulatory authorities. An important step of the State in this direction will be to consolidate the list of customs interests at the legislative level, because it still remains undocumented in Ukrainian legislative acts. The role and place of customs security of Ukraine in the national security system of the State are analyzed, which determines that customs security belongs to such part of national security as economic security. Although in the domestic practice of computing the level of economic security the customs security is not singled out as a separate part of economic security, the fact of communication of economic security with customs is indisputable, since the customs interests of the State, the status of protection of which forms customs security, lie in the economic plane. It is found out that customs security is associated with almost all components of economic security, but the closer link is observed between customs and financial security, as well as between customs and foreign security.

scholarly journals APPLICATION OF THE INTEGRAL METHOD IN THE BANK’S FINANCIAL SECURITY SYSTEM

2021 ◽  
pp. 56-66
Author(s):  
Oleg Georgievich Blazhevich ◽  
Aleksandr Petrovich Bondar
Keyword(s):  
Integral Method ◽  
Economic Security ◽  
Security System ◽  
Financial Security ◽  
Credit Institution ◽  
Banking Services ◽  
Logical Sequence ◽  
Banking Institutions ◽  
Methodological Aspects

The essential approaches to the content of the financial security of the bank are considered and it was noted that the determination of the essence of the financial security of the bank can be carried out in the following logical sequence: bank security; economic security of the bank; financial security of the bank. Important attention is focused on the elements of the bank’s financial security system. It was noted that the system for ensuring the financial security of a credit institution is a combination of elements that allow a bank to be a reliable, competitive participant in the banking services market. The methodological aspects of using the integral method in the system of ensuring the financial security of a bank are presented. The assessment of the financial security of JSC » JSB» RUSSIA» was carried out on the basis of the integral method. As a result, it was revealed that the financial security of JSC » JSB» RUSSIA» is at a satisfactory level, which allows the bank and its clients to look confidently into the future, but the management of the credit institution must constantly pay attention to controlling emerging risks and conduct more efficient work in the competitive struggle in the market banking services in the Russian Federation. The problematic aspects of ensuring the financial security of the bank were identified. The proposed integral indicator makes it possible to obtain a comprehensive assessment of the financial security of a bank, which will increase the efficiency of financial security management of banking institutions

scholarly journals THE ESSENCE OF FINANCIAL SECURITY OF HOUSEHOLDS AND DIRECTIONS OF ITS PROVISION

2021 ◽  
Author(s):  
Viktoriia Kovalenko ◽  
◽  
Natalia Matsedonska ◽  
Keyword(s):  
Household Income ◽  
Legal Protection ◽  
The State ◽  
Security System ◽  
Practical Significance ◽  
Insurance Companies ◽  
Financial Security ◽  
Scientific Publications ◽  
Main Components ◽  
Household Incomes

Today, the priority of economic development of any state, including Ukraine, is to ensure high financial security of the state, which, in turn, is one of the main components of national security of Ukraine. In the country's financial security system at the micro level, the basic component is the financial security of the household. The proper functioning of the financial security system is complicated by a number of problems, among which are: low household incomes, high unemployment and poverty, shadowing of the economy. The lack of a comprehensive approach to the study of financial security of households, the objective need for research in this area, the relevance of the issue and its practical significance determine the choice of research topic. Scientific publications of leading domestic scientists have become methodological and informational. Methods of analysis, comparison, generalization, system approach, abstraction and grouping were used during the research. The article examines the essence of the concept of "financial security of the household" in the financial security of the state. The object and subjects of financial security of the household are defined. It is proved that today the problem of ensuring the financial security of households has become extremely relevant. This fact is closely related to the globalization of the economy and integration processes that contribute to changing the welfare of households. The paper notes that the financial security of households has its own specific features. Three main functions of the system of ensuring the financial security of the household (preventive, prognostic and managerial) are described. There are five main areas of financial security of households, namely: increasing household income, balancing household income and expenditure, using self-insurance, insurance using the capabilities of insurance companies and legal protection of households. The article also lists the forms of ensuring the financial security of households.

scholarly journals Financial and economic security system strategic management as an independent direction of management

2019 ◽  
Vol 65 ◽  
pp. 03001 ◽  
Author(s):  
Oleksandr Cherevko ◽  
Serhiy Nazarenko ◽  
Nataliia Zachosova ◽  
Nataliia Nosan
Keyword(s):  
Strategic Management ◽  
Systematic Approach ◽  
Economic Security ◽  
Security System ◽  
Financial Security ◽  
Security Strategy ◽  
Model Of Management ◽  
Independent Direction ◽  
Definition Of ◽  
Conceptual Foundations

The scientific views of domestic researchers regarding the definition of financial and economic security using the basics of the systematic approach are generalized. The author's vision on the definition of financial and economic security system is proposed. The main shortcomings of existing approaches to the process of formation of financial and economic security system as an object of management are revealed and systematized. The main defects and miscalculations in security management both – at the micro and macro levels are identified. The 16-component model of management of financial and economic security (PROM) was proposed. The conceptual foundations of security oriented strategic management are specified. Three strategies offered for achieving economic and financial security: Strategy for achieving financial and economic security on the basis of branding, image and reputation (BIR strategy), Strategy for achieving financial and economic security through partnerships with stakeholders and ensuring their interests (Strategy of PIS), Strategy for achieving the state of financial and economic security through the interconnection of experts, control and standardization (Strategy of ECS).

scholarly journals INNOVATIVE APPROACH IN THE ESTIMATOLOGY OF FINANCIAL INSTITUTIONS ECONOMIC SECURITY: POSSIBILITIES OF USE IN MANAGEMENT AND REGULATORY ACTIVITY WITHIN THE MEANS OF PROVISION OF THE STATE FINANCIAL SECURITY

2019 ◽  
Vol 5 (2) ◽  
pp. 45 ◽  
Author(s):  
Nataliia Zachosova
Keyword(s):  
Financial Market ◽  
Financial Institutions ◽  
Financial Services ◽  
Economic Security ◽  
The State ◽  
Security System ◽  
Innovative Approach ◽  
Financial Security ◽  
Regulatory Activity ◽  
High Level

Ukraine’s integration into the European economic space requires the conformity of many segments of the domestic economic system to the standards, norms and traditions of the EU. The financial market and its participants form the financial basis for economic development, mediate the capital movement, make it possible to form a powerful investment resource and provide financial cooperation at the supranational level. However, domestic financial services markets are now destabilized; the volumes of assets used by their professional participants are significantly lower than the financial potential of the financial institutions of the European Union markets, to the convergence with which the Ukrainian financial sector terribly seeks. In addition to the capacity dimension, a large number of destabilizing factors that have been contributing to its development in recent years remain a problematic aspect of the domestic financial market evolution. The purpose of this study is to develop an innovative approach to assessing the level of financial institutions’ economic security, as well as substantiate its use in a management activity of company management to ensure a high level of profitability and in the regulatory activity of state authorities in order to guarantee the financial security of the state. Methodology. The methods of research will be: methods of induction and deduction, scientific abstraction and generalization, a method of organizing, expert method, graphical method for the identification of intermediate and final results of the study, as well as a generalization method for formulating conclusions and proposals at the end of the conducted scientific research. Results of the survey. The author’s methodical approach to assessing the level of financial institutions economic security is offered. The possibility of using the results of assessing the level of financial institutions economic security by the top management of professional participants in the financial market has been established. The directions of its application by the national regulators of the financial market for the purpose of ensuring the financial security of the state through the mechanism of monitoring and control of the results of activities of financial intermediaries are determined. Practical implications. The proposed innovative approach in the estimatology of financial institutions economic security should be used by the state regulators of the financial market, in particular, by the National Bank of Ukraine and the National Commission, which performs state regulation in the field of financial services markets, to monitor the activities of professional financial market participants in order to conduct advisory and consultative work with their owners and managers, as well as for the development of strategic guidelines for the provision of the state financial security. Value/originality. Methodological approaches to assessing the economic security level of financial institutions in the process of managing their activities should be the basis of documentary support for security management of the system of economic security, and their reuse after the introduction or modernization of the mechanism of economic security system management of financial institutions will allow diagnosing the level of its effectiveness and, if necessary, to change the target guidelines for managing the economic security system to ensure maximum levels of the protection for the economic interests of companies and their clients from threats, as well as to ensure a high level of financial security of the state.

scholarly journals Safeguarding the Economic Security of an Enterprise by Encouraging Staff to Strategic Changes

2020 ◽  
Vol 4 (46) ◽  
pp. 126-133
Author(s):  
O. V. Arefyeva ◽  
◽  
A. M. Kovalchuk ◽  
Keyword(s):  
Strategic Change ◽  
Optimal Level ◽  
Economic Security ◽  
Security System ◽  
Economic Interests ◽  
Staff Management ◽  
Staff Motivation ◽  
Strategic Changes ◽  
The Face ◽  
Motivational Mechanism

Strategic changes involve new challenges and threats to the economic security of an enterprise. Resource components of economic security, i.e., the staff and finances, remain particularly sensitive to such changes. The staff as a resource of an enterprise, its professionalism and skills is one of the main factors influencing economic security, so it is advisable to form a motivational system for staff management as a component of economic security management in the context of the enterprise strategic development. The article aims at studying the staff’s motivation to strategic change and development in the context of providing the economic security of an enterprise. The interdependence of strategic economic interests of an enterprise and the provision of economic security, the methods of motivation and its role in economic security, and the motivational mechanism of staff management have been analyzed using the methods of analysis, comparison and generalization. The article has resulted in analyzing the strategic, tactical and operational methods of staff motivation, and identifying their relationship. Strategic directions of staff motivation in the security system facing strategic changes are offered. Specific measures for staff motivation in the context of strategic changes are also suggested, including mainly intangible measures aimed at raising self-motivation of an employee. Staff motivation in the face of strategic changes can provide the optimal level of protection of both personal interests and the interests of an enterprise. The development of a motivational mechanism for staff management will allow the economic security system to be restructured in accordance with strategic changes.

scholarly journals FINANCIAL SECURITY IN THE ECONOMIC SECURITY SYSTEM OF THE RUSSIAN FEDERATION

2021 ◽  
Author(s):  
Vera Shumilina ◽  
Veronika Talanina
Keyword(s):  
Russian Federation ◽  
Statistical Data ◽  
Economic Security ◽  
The State ◽  
Security System ◽  
Financial Security ◽  
Capital Outflow ◽  
The Russian Federation ◽  
Internal Debt

This article examines the concept of financial security of the state. The article is also devoted to the consideration of the main problems that act as threats to the financial security of the country. The problem of servicing the state external and internal debt, as well as capital outflow from the country is considered in more detail. Statistical data on the problems voiced are presented. The consequences of ignoring these problems are analyzed

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