scholarly journals THEORETICAL FUNDAMENTALS OF APPLICATION OF HOLISTIC MANAGEMENT OF ECONOMIC SECURITY OF THE ENTERPRISE

2021 ◽  
Author(s):  
Sophia-Anna Chura
Keyword(s):  
Organizational Support ◽  
Economic Security ◽  
Security Assessment ◽  
Holistic Management ◽  
Number Of Factors ◽  
State Region ◽  
Analytical System ◽  
Definition Of ◽  
Functional Components ◽  
Theoretical Foundations

The process of functioning of Ukrainian enterprises is accompanied by the emergence and significant influence of a significant number of factors, without a timely and adequate response to which survival is impossible. The system of economic security in the conditions of each enterprise should be focused on detection, identification and tracking of change of influence of the basic factors not only internal, but also external environment. Under such conditions, the relevance of the application of holistic management of economic security of the enterprise increases. The aim of the study was to form the theoretical basis for the application of holistic management of economic security of the enterprise by clarifying the essence of the concepts of "security", "danger", "challenge", "risk" and "threat". To form the theoretical foundations of the application of holistic management of economic security of the enterprise used methods: induction and deduction, comparison and systematization - in the study of the essential characteristics of the terms "security", "danger", "challenge", "risk" "threat"; synthesis and analysis - to outline the tasks of security entities to address internal and external challenges, risks and threats; morphological analysis - to prove the need for security assessment on the vertical of economic security; abstract-logical - for theoretical generalizations and conclusions of the study. The definition of holistic management of economic security of the enterprise is formed under which it is offered to understand activity directed on creation of optimum conditions of functioning and development of the enterprise by acceptance and realization of administrative decisions proceeding from integrity of perception and forecasting of dynamics of internal economic processes, availability of resource and organizational support and interaction with external security actors. The essence of such concepts as "security", "danger", "challenge", "risk", "threat" is specified, and also interrelations and priority tasks for subjects of safety are defined. Requirements for the construction of information and analytical system, which should be focused on identifying factors influencing the level of EBP, by:tracking changes in the level of security not only in general, but also in terms of the main functional components (financial, personnel, technical and technological, information, force) with further detection, identification and assessment of the dynamics of challenges, risks and threats; systematic monitoring of the level of security along the vertical of economic security, ie the state, region, industry, enterprise and individual.

scholarly journals Information and analytical support as an element of organization of economic security of entrepreneurial activity

2021 ◽  
pp. 77-81
Author(s):  
Є.В. Воронюк
Keyword(s):  
Organizational Structure ◽  
Organizational Support ◽  
Economic Security ◽  
Information Support ◽  
Entrepreneurial Activity ◽  
Analytical Work ◽  
Effective System ◽  
Analytical Research ◽  
Definition Of ◽  
Available Information

The article describes the importance of information and analytical support for the formation of organizational support for economic security of business. The stages and principles of formation of information-analytical support for creation of system of economic safety of the enterprise are analyzed. The connection and the nature of the influence of information-analytical activity and organizational support of economic security of the enterprise are investigated. It is important for the management of each organization to develop an individual mode of working with information, especially at the stage of its accumulation and analysis. Only a detailed and step-by-step definition of the process of working with information resources of various departments and officials increases the effectiveness of organizational support of economic security of the enterprise. The quality of analytical support is the basis for building an effective system of economic security of the enterprise and one of the key factors in its development. The harmonious combination of information-analytical work and the organization of economic security is a problem for the management of the business structure and requires a constant, operational study of the economic efficiency of the existing organizational structure.Adjusting the organizational structure directly affects the company's ability to withstand threats and risks from the external and internal environment. Modernity puts forward specific conditions for the economic security of the enterprise, especially given the deepening of the role and increase the amount of available information. The information array, which is freely available, is constantly replenished, which requires decision-makers to find new methods of information processing. The article analyzes the features of using the results of information support and analytical research to form an effective organizational structure of economic security of the enterprise. The study demonstrates the need for reliable and effective information and analytical support to improve the organizational support of economic security of the enterprise.

scholarly journals ECONOMIC SECURITY OF SMALL AGRICULTURAL ENTERPRISES

2019 ◽  
Vol 1 (15) ◽  
pp. 181-185
Author(s):  
M.V. Boiko
Keyword(s):  
Economic Security ◽  
Risk Level ◽  
Economic Science ◽  
Economic Stability ◽  
Economic Space ◽  
Agricultural Enterprises ◽  
Basic Approaches ◽  
Definition Of ◽  
Theoretical Foundations ◽  
Single Approach

The article “Economic Security of Small Agricultural Enterprises” aims at exploring the theoretical foundations of economic security for small agricultural enterprises. The basic approaches to definition of the category "economic security of the enterprise" are investigated. The theoretical bases of the definition of "economic security" are considered. The integration of Ukraine into the global economic space implies the modernization of the modern financial and economic system, which envisages the transition of market entities to a new level of relations and the leveling of traditional geographical boundaries. At the same time, the conditions of functioning of enterprises in a market environment become more stringent due to the expansion of the range of probable threats and dangers, which increase the risk level of conducting business activities, increasing uncertainty, and increasing competition. It is economic security that can provide the enterprise with effective functioning, economic stability, development and improvement of its competitiveness level. The main purpose of this work is to research and analyze the major achievements of economic science in the economic security of a small business and to present the author's vision of the essence of this concept. The set of research methods is the methodology of analysis and organization of major publications, legislation and laws, namely methods of generalization, comparison, chronologization, analysis and generalization. The author's vision of interpreting the concept of "economic security of enterprises" is a scientific novelty. The practical value of the study is to analyze the main publications on the definition of the essence of the concept of “economic security of the enterprise”, because today there is no single approach that would clearly interpret this concept.

scholarly journals FINANCIAL ARCHITECTURE AS THE BASE OF THE FINANCIAL SAFETY OF THE ENTERPRISE

2018 ◽  
Vol 4 (4) ◽  
pp. 334-340 ◽  
Author(s):  
Olga Sosnovska ◽  
Maksym Zhytar
Keyword(s):  
Economic Security ◽  
Scientific Development ◽  
Economic Science ◽  
Financial Risks ◽  
Financial Security ◽  
High Quality ◽  
Financial Architecture ◽  
Theoretical Approaches ◽  
Definition Of ◽  
Functional Components

In today’s economic realities, achieving the necessary level of financial security of enterprises is a prerequisite for ensuring their sustainable operation and the formation of competitive development parameters in the internal and external market environment. The effectiveness of this process depends on building a high-quality financial architecture as the basic structural element of the company’s financial security system. In this regard, the subject of the study is an analysis of existing theoretical approaches to the definition of financial architecture and its relationship with the financial security of the enterprise. The methodological basis of the research is the scientific development of domestic and foreign scientists, the fundamental theoretical positions of economic science in the field of financial architecture formation, financial risk management, and financial security of the enterprise. The purpose of the article is to study the essence of financial architecture in order to substantiate its determining influence on the financial security of the enterprise and ensure its sustainable functioning in an unstable development of economic processes. The article analyses the theoretical aspects of financial architecture and finds that the interpretation of this economic category is due to the existence of clear causal relationships between its constituent elements and their impact on the financial support. Proceeding from this, the definition of financial architecture is drawn as a set of interconnected structural elements such as capital structure, ownership structure and quality of corporate governance, which accumulate and mobilize financial resources, increase control over the activity of the enterprise, solve conflicts of interest between owners and other stakeholders. It is determined that the choice of principles and methods for constructing financial architecture depends on such financial interests of economic entities as forming a flexible financial potential, optimizing the structure of capital, increasing investment attractiveness, maximizing profits, and increasing the market value of the enterprise. It is proved that the result of building a flexible financial architecture is to provide the appropriate level of financial security of an enterprise by identifying, quantifying, neutralizing, minimizing, and monitoring its financial risks. It is proposed to systematize indicators of financial security level assessment on the most typical of its functional components, among which investment, credit, emission, innovation, and currency can be distinguished. It has been established that ensuring the appropriate level of financial security will contribute to achieving financial sustainability, forming qualitative financial potential, providing competitive advantages, harmonizing interests of economic entities, and creating an effective system of economic security of the enterprise. It is concluded that the construction of high-quality financial architecture is the basis of financial security of an enterprise, the level of which depends on the proper management of financial risks and ensuring an adequate level of safety of all its functional components. As a criterion for the effectiveness of the process of ensuring the financial security of the company, sustainable development of the enterprise was determined in the conditions of an unstable economic environment.

scholarly journals ФІНАНСОВО-ЕКОНОМІЧНА БЕЗПЕКА СІЛЬСЬКОГОСПОДАРСЬКИХ ПІДПРИЄМСТВ: ТЕОРІЯ ТА ПРАКТИКА

2019 ◽  
pp. 312-319
Author(s):  
Tetiana Gogol ◽  
Valentyn Nekhai
Keyword(s):  
Control Object ◽  
Economic Security ◽  
Climatic Conditions ◽  
Security System ◽  
Internal Security ◽  
Agricultural Enterprises ◽  
External Threats ◽  
Definition Of ◽  
Functional Components

The article discusses the existing approaches to the interpretation of the concept of "economic security of the enterprise" and conducts a retrospective analysis of conceptual approaches to the definition of this concept, identifies the main functional components of the economic security of enterprises adequate to modern realities. Particular attention is required to the issues of economic security of agricultural enterprises, the specific nature of which requires the establishment of a mechanism of double adaptation to economic and climatic conditions. It is noted that the economic security system of an enterprise is a subject and a control object and requires: a description of the control object, formalization of the goals of the control object existence, determination of the set of criteria for managing the object, design and creation of a control system that can minimize losses and provide protection against internal and external threats. The economic security system of an enterprise should be considered as a structured set of interconnected elements of external and internal security entities, their functionality, economic security policies, organizational structure, strategies and tactics, principles and methods aimed at ensuring the functioning of the enterprise and capable of countering internal and external threats.

scholarly journals Model for Economic Security Assessment

2020 ◽  
Vol 3 (1) ◽  
pp. 6
Author(s):  
Yuri Tsenkov
Keyword(s):  
Economic Development ◽  
Budget Deficit ◽  
Economic Security ◽  
Security Assessment ◽  
Ongoing Research ◽  
Number Of Factors ◽  
National Databases ◽  
Different Characteristics ◽  
Net Export ◽  
Official Sources

The problem of measuring the economic security of a country is a complex topic with an ongoing research since there are a number of factors with different characteristics that should be taken into account. The goal of the research is to suggest a model for economic security assessment based on public available data from official sources like EUROSTAT or national databases. The main assumption is that economic security is directly proportional to the economic development. Based on this assumption the economic security could be assessed using measurements for economic development such as GDP, GDP per capita, inflation, unemployment, budget deficit, government debt, net export, etc. A model is provided giving 7 indicators of economic growth and referencing values that if achieved and sustained for a longer period of time should provide a higher level of economic security. Based on the referencing values and comparison with other countries the model could be used for assessing the current level of economic security of a country.

scholarly journals INFORMATION SUPPORT OPTIMIZATION OF THE AUDIT OF THE ECONOMIC SECURITY SYSTEM IN CONSTRUCTION INDUSTRY ENTERPRISES

2020 ◽  
pp. 65-71
Author(s):  
Vasyl Dmitrenko ◽  
Keyword(s):  
Construction Industry ◽  
Legal Aspect ◽  
Economic Security ◽  
Security System ◽  
Information Support ◽  
Analysis And Synthesis ◽  
Support Optimization ◽  
Definition Of ◽  
Definition Of Information ◽  
Functional Components

The article is devoted to the study of the information support optimization for the audit of the economic security system in construction industry enterprises. The purpose of this article is to provide recommendations for information support optimizing of the audit of the economic security system in the construction industry enterprises, depending on the functional components of such a system. Research methodology: methods of comparison, analysis and synthesis are used to achieve this goal. The article highlights the debatable issues of interpretation of the definition of "information support of the audit of the economic security system." The classification of components of information support by content is considered, the problems of information support in the normative-legal aspect and by objects of audit of the system of economic security, depending on its functional components are revealed. The result of the study is the construction of an optimal system of information support to meet the needs of users in the management process.

scholarly journals CONCEPTUAL ASPECTS OF ENTERPRISE ECONOMIC SECURITY MANAGEMENT

2021 ◽  
Author(s):  
Anzhela Cherchata ◽  
Pavlo Fisunenko ◽  
Valerii Vecherov
Keyword(s):  
Scientific Literature ◽  
Security Management ◽  
Economic Security ◽  
Individual Enterprise ◽  
Self Development ◽  
Definition Of ◽  
The Individual ◽  
Levels Of Functioning ◽  
Relationship Of ◽  
Functional Components

The article considers the conceptual principles of economic security management of the enterprise. It is noted that the need for security is basic for the individual, enterprise, society and the state as a whole. An analysis of the definitions of economic security which are proposed in the scientific literature was performed. The definition of economic security of the enterprise of economists and specialists in the field of economic security is analysed. The author's definition of economic security of the enterprise is offered and substantiated. The problems of ensuring the economic security of the enterprise at the macro-, meso- and micro-levels of functioning and development of economic systems are identified. The purpose, main tasks, objects and subjects of the mechanism of ensuring the economic security of the enterprise are defined. Based on the generalization of existing in the scientific literature approaches to the definition of management principles formed a comprehensive system of management principles of economic security of the enterprise. The main directions of ensuring the economic security of the enterprise are identified: economic independence, fortitude and stability, the desire for self-development. A conceptual model of economic security management of enterprises has been developed, which demonstrates the relationship of functional components and is aimed at making effective management decisions. The stages of development of the economic security strategy of the enterprise are formed. The directions for further scientific researches in the context of efficiency of management of economic safety of the enterprise are defined.

TO THE QUESTION OF ENSURING ECONOMIC SECURITY OF AGRICULTURAL CONSUMER COOPERATIVES

2020 ◽  
Vol 2 (6) ◽  
pp. 108-113
Author(s):  
D. F. KHAFIZOV ◽  
Keyword(s):  
Economic Security ◽  
Definition Of ◽  
Functional Components ◽  
Consumer Cooperatives

The article discusses the theoretical and practical aspects of ensuring the economic security of agricultural consumer cooperatives, gives an author's definition of economic security in relation to agricultural consumer cooperatives, as well as recommendations for the implementation of its functional components.

scholarly journals Methodical provision of financial security assessment of the state

2021 ◽  
pp. 15-25
Author(s):  
Iryna V. Zaichko
Keyword(s):  
Economic Development ◽  
Economic Security ◽  
The State ◽  
Security Level ◽  
Financial Security ◽  
Security Assessment ◽  
Budgetary Policy ◽  
State Pension ◽  
The Impact ◽  
Functional Components

Purpose of the research. The main purpose of the article is to improve methodological support for the assessment of the financial security of the state, taking into account the impact of budgetary policy. Methodology. During the study the following methods were applied: comparative analysis, integral estimation, normalization of indicators, component analysis, method of principal components, etc. Results. In the course of comparing the existing methodological support for the financial security assessment, it is justified, notwithstanding the existing shortcomings, the expediency of applying in the analytical work the Methodological recommendations for the calculation of the economic security level of Ukraine of the Ministry of Economic Development and Trade of Ukraine (2013) and the necessary calculations of the level of financial security of Ukraine for 2009-2018. Additional financial security indicators are proposed, taking into account the priority of its budget component, in particular, the share of revenues from the National Bank of Ukraine (NBU) in the state budget revenues (for banking security), the ratio of the pension contributions of non-state pension funds to the own income of the Pension Fund of Ukraine (PFU) market), government revenue as a percentage of consolidated budget expenditures and the share of public servicing and debt repayment expenditures in consolidated budget expenditures (for debt security), expenditures and for servicing and repayment of public debt as % of gross domestic product (GDP) (for fiscal security); consolidated budget revenues in USD US (for currency security), consumer loans to households, % of household income, and lending to consolidated budget expenditures (for monetary security). On the basis of regression analysis, where sub-indices of functional constituents are taken by factor signs, and the integral indicator of financial security is obtained as a result sign, the reliability of the calculations is confirmed. Practical meaning. The calculated sub-indices of the functional components of the financial security of Ukraine and the integrated indicator for 2009-2018 can be used in the development of plans, forecasts, strategies for socio-economic development of Ukraine. Prospects for further research of the author are to study the impact of budgetary policy on the state of financial security of Ukraine.

scholarly journals Analysis and assessment of the state of economic security of the region

2020 ◽  
pp. 17-22
Author(s):  
Tetiana KORNIIENKO ◽  
Liudmyla CHVERTKO ◽  
Oksana VINNYTSKA
Keyword(s):  
Sustainable Development ◽  
Economic Security ◽  
State Regulation ◽  
The State ◽  
Effective Mechanism ◽  
Property Relations ◽  
External Threats ◽  
Definition Of ◽  
Market Relations ◽  
Functional Components

Introduction. Formation of the market relations during the years of Ukraine's independence has significantly affected the economic condition of the state. There have been radical changes in property relations, forms and methods of the state regulation, development priorities at both the state and regional levels. In general, this has led to instability in the internal and external economic environment and the emergence of new problems related to the further economic development of the country. The list of such problems includes ensuring of the economic security of the state and a particular region. The purpose of the paper is timely detection and neutralization of internal and external threats and dangers that affect the level of the economic security of the region will ensure its stable and most effective functioning at a certain time and high potential for development in future. Results. The use of the proposed algorithm for formation of the state of the economic security of Cherkasy region will not only identify and neutralize threats and risks but also ensure sustainable development of the region. Conclusion. Based on the conducted research, we have developed a mechanism for managing the economic security of the region, which has five stages and allows you to take into account all the requirements for solving the problem of the economic security of Cherkasy region. The main condition for ensuring sustainable development of the region and achieving positive results of financial and economic activity is the formation of an effective mechanism of economic security, which should be aimed at protecting the enterprise from internal and external threats and dangers. It is advisable to form an effective mechanism for ensuring the economic security of the region, which would fulfill a certain set of tasks. Therefore, the definition of the effectiveness of solving issues of economic security formation is proposed to be implemented on a comprehensive basis. It should be done by the evaluation of the effectiveness of the use of certain elements of the mechanism and functional components of economic security, the comprehensive assessment of the company compliance with the state of economic security and the assessment of the company effectiveness from the standpoint of sustainable development.

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