scholarly journals Financial Sustainability in the System of Ensuring the Economic Security of Enterprise

2021 ◽  
Vol 3 (518) ◽  
pp. 81-87
Author(s):  
O. I. Kopylyuk ◽  
◽  
J. V. Tymchyshyn ◽  
O. М. Muzychka ◽  
◽  
...  
Keyword(s):  
External Environment ◽  
Economic Security ◽  
Development Strategies ◽  
The State ◽  
Financial Resources ◽  
Financial Sustainability ◽  
Management Tools ◽  
Financial Flexibility ◽  
Indicator Approach ◽  
The Impact

The article is aimed at further developing the instrumentarium to ensure the financial sustainability of enterprise as the basis of its economic security. It is proved that the economic security of enterprise largely depends on the financial component along with sustainability, solvency, liquidity, and profitability. The position, considered undeniable, is that financial sustainability constitutes the basis of security of enterprise and its ability to implement development strategies in the context of minimizing the impact of risks, threats and dangers. It was noted that the effectiveness of the interrelationship and mutual impact of financial sustainability and security of enterprise is reflected in its financial flexibility on the basis of the ability to change the volume and structure of sources of financing, as well as the directions of investment of financial resources under the influence of risks, threats, dangers of the internal and external environment. The state approach to the gradation of levels of financial sustainability and economic security of enterprise is proposed taking into account the retrospective, current and prospective nature of the impact of risks, threats and dangers on the activities of enterprise; the relevant instrumentarium of evaluation and management tools is specified. It is substantiated that modern approaches in managing the financial sustainability of enterprise on a securely oriented basis should be grounded on systemacity, processity, functionality and synergy. Prospects for further research in this direction are the substantiation of the indicator approach to assessing the level of financial sustainability of enterprise on the basis of taking into account the parameters of its economic security and the development of an instrumentarium for identifying both the existing and the potential threats and dangers.

scholarly journals THE IMPACT OF ENVIRONMENTAL FACTORS ON THE ECONOMIC SECURITY OF THE CONSTRUCTION COMPANIES

2021 ◽  
Author(s):  
Nadya Fisunenko ◽  
Oleksandr Sidorov
Keyword(s):  
Environmental Factors ◽  
Trade Union ◽  
External Environment ◽  
Economic Security ◽  
The State ◽  
Direct Impact ◽  
Construction Enterprises ◽  
Indirect Impact ◽  
The Future ◽  
The Impact

The article is devoted to the study of the influence of environmental factors on the economic security of construction enterprises. The factors of the influence of the external environment on construction enterprises have been analyzed, as a result, it has been established that they are divided into a macro-environment and a micro-environment, direct (direct) impact and indirect (indirect) action. It is proposed to refer to the main factors of the impact of the external environment on the economic security of construction enterprises indicators of direct impact, which include: suppliers, competitors, consumers, the state, trade union committees, marketing intermediaries and the contact audience of the enterprise. The content of the factors of direct influence, suppliers, on the activities of the enterprise, namely, the dependence of the construction organization on the quality, quantity and timeliness of the materials or services provided, necessary for its, functioning, is disclosed. The influence of the consumer on the activities of a construction company is determined, which is carried out by signing contracts, paying for work or services under concluded contracts. The features of the influence of competitors are established, taking into account such parameters as: the number of firms specializing in the production of similar types of work (services), the growth rate of the industry, the degree of concentration of the industry, the price structure in the industry, the level of profit margins. The influence of the state and the trade union committee and found that the main influence of the state and its organs on the financial position of the company is realized through the establishment of the level of taxes and the size of subsidies, capital investments, and the contact with the union, in fact, the company provides its workforce. The impact of which in the future will help assess the associated threats or benefits to the economic security of construction enterprises. It is also proposed to include as external factors of indirect (indirect) impact on economic security: political, socio-cultural, scientific and technological progress, environmental safety, demographic and geographical factors. These factors are more complex and unpredictable, variable and uncertain. It is generally accepted that indirect impact factors do not significantly affect the activities of enterprises, but their impact in the future will help to assess the associated threats or benefits to the economic security of construction enterprises.

scholarly journals DOME OF BAYT AL-MAL IN THE ISLAMIC MOSQUES: COMPARATIVE AND ARCHITECTURAL STUDY

2020 ◽  
Vol 6 (1) ◽  
pp. 13-23
Author(s):  
Mohammed Enab
Keyword(s):  
Analytical Study ◽  
The State ◽  
Financial Resources ◽  
Islamic State ◽  
Islamic World ◽  
Functional Dimension ◽  
East And West ◽  
Architectural Development ◽  
Islamic Civilization ◽  
The Impact

Bayt al-mal is one of the important architectural innovations that characterized the Islamic civilization. It represents the treasury of the Islamic State, which preserves the various financial resources of the State. The Bayt al-mal appeared in the era of the Prophet Mohammed (peace be upon him), and its layout was simple reflects the simplicity of Islam. Its location was inside the mosque or adjacent to it. Bayt al-mal developed with the expansion of the Islamic State and the Islamic conquests, and it has a special called Diwan Bayt al-mal. Domes were built in mosques as one of the branches and sections of the Bayt al-mal. These domes were dedicated to preserving the different funds of the endowments and places. The location of these domes was in the great mosques' courtyard. They rise from the courtyard's surface and based on eight columns. These domes appeared especially in Umayyad mosques in Syria and Palestine. Then they spread in most countries in the east and west of the Islamic world. This research deals with the concept of the Bayt al-mal; its names, origin, architectural development, and the reasons to build them. This research also studies the dimension of jurisprudence in the building of these domes. It used an analytical study of the architectural shape of these domes and studies the impact of functional dimension on the form and plan of these domes. This study shows the remaining examples of these domes in Islamic mosques and mentions some examples of the extinct ones.

scholarly journals Protection of National Interests of the State as an Imperative of Geostrategy of Ukraine

2019 ◽  
pp. 167-175
Author(s):  
Inna Shevchuk
Keyword(s):  
Economic Development ◽  
National Economy ◽  
Well Being ◽  
Sole Source ◽  
Economic Benefits ◽  
Economic Security ◽  
The State ◽  
State Sovereignty ◽  
National Interests ◽  
The Impact

The article is devoted to the actual issues of determining the role of national interests in ensuring the economic security of the state. Established in the field of economic security, the priority national interest is the development of the national economy and the growth of the welfare of citizens. The researchers' views on the definition of the concept of «national interests» are researched and generalized that national interests are a systemic, synergetic concept that reflects the vital values of the Ukrainian people as the bearer of sovereignty and the sole source of power in Ukraine, the defining needs of society and the state, the realization of which guarantees state sovereignty of Ukraine and its progressive development. It is noted that national interests are realized through state interests, where the population of the country acts as the subject of interests, and the state through the state institutions implements and protects these interests. The main components of national interests include the provision of military-political sovereignty, economic well-being and cultural needs of the population. The military-political, socio-economic situation in Ukraine and the impact of globalization processes have made it possible to formulate a number of national interests, including: protection of state sovereignty; ensuring economic stability through self-sufficiency, stability and competitiveness of the national economy; polyvectorality of the country's foreign policy and the establishment of Ukraine as a reliable international partner; creation of conditions for the development of the spirituality of the population, improvement of the physical health of the nation; preservation of intellectual and scientific potential of the country, regulation of the issue of youth mobility. It has been proved that democratization processes require the involvement of citizens and civil society institutions in this process in order to form national interests through the maximum coverage of all spheres of society's life for the protection of human rights and citizen and acceleration of socio-economic development and modernization of the national economy. The most acute threats to national interests in the field of national and economic security are formulated. It is summarized that in the field of economic security, national interests reflect the vector of economic development of the state, its aspirations for economic independence and the effective use of economic benefits.

scholarly journals THE INFLUENCE OF THE SHADOW ECONOMY ON THE SOCIO-ECONOMIC DEVELOPMENT OF UKRAINE

2021 ◽  
Author(s):  
Yuliia Romanovska ◽  
Lily Strapachuk
Keyword(s):  
Economic Development ◽  
Shadow Economy ◽  
Negative Impact ◽  
Economic Security ◽  
The State ◽  
State Budget ◽  
Socio Economic Development ◽  
High Inflation ◽  
High Level ◽  
The Impact

The article considers the approaches to the interpretation of the category "shadow economy", which causes a variety of approaches to assessing the impact of the shadow economy on the socio-economic development of Ukraine. The spread of the pandemic and the complication of economic conditions, formed as a result of the introduction of forced restrictive measures, have led to the growth of the shadow economy in Ukraine. The index of shadowing of the economic sphere in relation to the inflation index and the level of the state budget deficit has been studied. The factors that led to the shadowing of the economy and caused the growth of the share of the shadow sector in the economy of Ukraine are highlighted. The main components of shadow employment are identified. Business entities operating in the shadow sector have significantly more competitive advantages and much higher efficiency than legally operating businesses. As a result, such enterprises are an obstacle to the flow of funds to the budgets of all levels of the country, and as a consequence, have a negative impact on socio-economic development in general. In recent years, state budget expenditures have been growing too slowly, which indicates a high level of shadowing of the economy in conditions of high inflation and, consequently, negatively affects the socio-economic security of society. Budget expenditures are closely linked to public policy, which allows the state to curb the level of economic shadowing through measures to reform relevant areas. It is investigated that the State budget expenditures grow too slowly, which indicates a high level of shadowing of the economy in conditions of high inflation. The paper substantiates the reasons for the growth of the shadow economy and identifies the main measures to reduce shadow employment, the manifestations of which are the deformation of social and economic institutions of the state. The de-shadowing of the economy provides citizens with the right to social protection, in the form of social guarantees in case of unemployment, temporary incapacity for work, accidents or occupational diseases during official work, pensions, etc.

scholarly journals ROLE OF HOUSEHOLDS IN PROVIDING ECONOMIC SECURITY

2021 ◽  
pp. 121-128
Author(s):  
Vera Shumilina ◽  
Darya Pilyuk
Keyword(s):  
Economic Security ◽  
The State ◽  
The Impact ◽  
The Relationship

The article considers the concept of economic security, the relationship between economic security and households, the role of households in the development of economic security in Russia, the impact of households on the economic security of regions and the state as a whole.

scholarly journals THE FINANCIAL RESOURCES OF STATE SOCIAL INSURANCE: TWO-FACTORS MODELS OF FORMATION

2020 ◽  
Author(s):  
Anatoliy Sydorchuk ◽  
Keyword(s):  
Social Insurance ◽  
Current Practice ◽  
Factor Models ◽  
The State ◽  
Financial Resources ◽  
Absolute Size ◽  
Wage Bill ◽  
Number Of Factors ◽  
Two Factors ◽  
The Impact

The purpose of the article is to consider the impact of a number of factors (the wage fund in the economy, its share in GDP, and state social insurance fees rates) on the result indicator – the amount of the financial resources of the state social insurance. Two-factor models of the formation of financial resources of the state social insurance in the article have investigated. The largest change in the result indicator has caused by the size of the wage fund in the economy and the size of the insurance fees rate is calculated. The current practice of reducing the number of insurance fees in 2016 negatively affected the number of financial resources of state social insurance have investigated. It is determined that the reserve for increasing the result indicator is an increase in the absolute size of the wage fund in the economy, which taxpayers due to certain circumstances do not seek to declare and tax. To a lesser extent, such a reserve is the share of the wage bill in the country's GDP.

scholarly journals FINANCIAL STABILITY OF THE ENTERPRISE IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT OF UKRAINE

2018 ◽  
pp. 75-85
Author(s):  
Svitlana ZHUKEVYCH ◽  
Vіktoriia ROZHELIUK
Keyword(s):  
Sustainable Development ◽  
External Environment ◽  
Equity Capital ◽  
The State ◽  
Sustainable Growth ◽  
Gradual Change ◽  
The Sustainable Development ◽  
The Impact ◽  
Functional Components ◽  
Financial Mechanism

Introduction. The modernization of the financial mechanism, the main purpose of which is to increase the efficiency of the use of financial resources at different levels of management and optimize management of budget funds is an important element of implementing the concept of sustainable development in Ukraine. At the same time, today the most urgent issue is the development of such a financial mechanism of the state, business entities that will stimulate the formation favorable conditions for meeting the needs of present and future generations. The purposeof the article is to highlight the issues related to the impact of financial sustainability on the sustainable development of enterprises in the framework of the implementation of the state strategy, which determines its relevance. Methods. The basis is based on scientific methods based on dialectical know ledge and objective laws of the economy. Results. Sustainable development of an enterprise is a gradual change or maintenance of the appropriate level of all indicators of enterprise sustainability, capable of resisting negative environmental factors, using internal potential, while preserving the integrity and basic properties. That is, it can be argued that sustainable development of the enterprise is provided on the basis of taking into account the influence of the external environment and improving the strategic management within the enterprise in order to increase its efficiency and continuous development. For the enterprises sustainable development means adopting business strategies and endorsing activities that meet market needs and stakeholders at the same time protecting, sustaining and strengthening the human and natural resources that will be needed in the future. The development of an effective management structure for the sustainable development of the business entity requires the integration of all functional components - business planning, organization, accounting, analysis, control. The calculation of permissible and economically justified rates of growth of an enterprise is an important stage in the diagnosis of the financial component of a sustainable development of an enterprise. Conclusions. The financial and economic stability is the condition of life and the basis of stability of an enterprise in a market economy. It is determined, that only a systematic approach that considers an enterprise as a social and economic system functioning in the external environment will prevent the negative trends of the present. The growth factors are the indicators in the management of sustainable growth: the coefficient of internal growth, which shows the ability of enterprises to increase the negotiable and non-current assets at the expense of domestic sources of funding and the coefficient of sustainable growth, which characterizes the growthof equity capital of the enterprise.

scholarly journals International economic and social determinants of the state economic security: A causal analysis

2021 ◽  
Vol 19 (4) ◽  
pp. 301-310
Author(s):  
Volodymyr Orlov ◽  
Alina Bukhtiarova ◽  
Marcin Marczuk ◽  
Mykhaylo Heyenko
Keyword(s):  
International Economic ◽  
Causal Effect ◽  
Economic Security ◽  
The State ◽  
Time Lags ◽  
Causal Connection ◽  
Ministry Of Education ◽  
Real Gdp ◽  
Individual Determinants ◽  
The Impact

The priority task for ensuring the economic security of a country, which is especially noticeable in the rapidly changing conditions of the contemporary global world, is to forecast challenges and threats. Economic security is one of the necessary conditions for state development, which provides guidelines for making major social and economic decisions. There are a few studies on the determinants of the economic security and no data about security determinants that are required to monitor it. The study aims to identify possible links between leading determinants of the economic security. For this purpose, on the example of Ukraine, causal links between the formation of real GDP (as the leading determinant that characterizes the economic security of the state), 11 determinants that indicate the level of international economic development, and 6 determinants of social development for the period 2014–2020 were determined. With a 5% level significance, the impact on the volume of real GDP of 14 determinants of state economic security was noted and specific time lags were defined. Besides, the bilateral causal effect and lack of causal connection between individual determinants were mentioned. Findings are helpful for effective public administration. In addition, active measures are needed to combat corruption, shadow and criminal economy, and state protection of domestic producers operating in the military, food, information, and energy security sectors. AcknowledgmentAlina Bukhtiarova gratefully acknowledges financial support from the Ministry of Education and Science of Ukraine (0120U100473).

scholarly journals Trends in the Development of the External Environment of Entrepreneurship in the Republic of Kazakhstan

2020 ◽  
pp. 55-67
Author(s):  
Olga Mishulina ◽  
Galina Panina ◽  
Natalya Baranova ◽  
Natalya Gorelova
Keyword(s):  
Qualitative Analysis ◽  
Small And Medium Enterprises ◽  
External Environment ◽  
The State ◽  
Annual Reports ◽  
Development Fund ◽  
Advantages And Disadvantages ◽  
The Republic ◽  
Medium Enterprises ◽  
The Impact

This article is devoted to the impact of the external environment on the development of entrepreneurship in Kazakhstan. The aim of the study is to identify current trends in the external environment of indirect effects on entrepreneurship based on the quantitative and qualitative analysis. The authors analyze strengths and weaknesses of small and medium enterprises, contribution of this sector to the development of the economy of Kazakhstan. The paper reveals advantages and disadvantages of the state and integration subsystem of the external environment of entrepreneurship, providing financial and non-financial support measures that are factors of sustainable economic development of Kazakhstan. The authors use the data of the Committee on Statistics of the Ministry of National Economy of the Republic of Kazakhstan, annual reports of “Damu Entrepreneurship Development Fund” JSC. Methods of scientific knowledge, comparison, analysis, and systematic approach are applied as the main research methods. The main result of the study is formulating modern trends in the state and development of the external environment of entrepreneurship in Kazakhstan. Unfavorable trends identified by the authors will help substantiate the main directions of increasing the efficiency of small and medium enterprises. Based on the quantitative and qualitative analysis of the state and integrated subsystem of the external environment of entrepreneurship, the authors draw conclusions about its impact on the state and development of small and medium enterprises.

scholarly journals Trends and stages of development of marketing approaches in the management of agricultural production

2019 ◽  
Author(s):  
Olga G. Chirva ◽  
Maksym.V. Boyko
Keyword(s):  
Production Management ◽  
Economic Security ◽  
The State ◽  
Industrial Complex ◽  
Product Policy ◽  
Agricultural Enterprises ◽  
Marketing Policy ◽  
Study Results ◽  
Marketing Activities ◽  
The Impact

The aim of the study. The purpose of the article is to analyze the current state and trends in the marketing activities of enterprises of the agro-industrial complex of Ukraine. Methodology. In the study of the state and trends of marketing activities of agricultural enterprises of Ukraine used a graphical method and systematic analysis; in the study of the impact of threats on the state of marketing activities of agricultural enterprises in Ukraine - the causal method and the method of scientific generalization - in forming the conclusions of the study. Results. Theoretical aspects of the conditions for the formation of marketing policy of agricultural enterprises are analyzed, we consider it appropriate to summarize the results in accordance with the constituent elements of marketing product policy. It is established that such components of marketing product policy are the development of a new product or economically justified improvement of existing ones; maintenance of goods (transportation, service, storage); withdrawal of goods from production, diversification, elimination. According to the results of the research, the tendencies of development of marketing approaches in production management of agricultural enterprises are analyzed. In the context of marketing policy analysis, a preliminary definition of the content of specific categories that are closely related to agricultural policy is identified.  The practical significance of the study is that the main conclusions and suggestions can be used by domestic enterprises to form an effective management system for marketing activities of agricultural enterprises. Prospects for further research. It is determined that in the long run for agricultural enterprises in developing marketing policy as a tool for economic security and for making sound management decisions and in the interests of consumers of agricultural products in the region it is necessary to form strategic and tactical goals based on the proposed tools.

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