scholarly journals Assessment of the level of the legal component of the economic security of the organization

2021 ◽  
Vol 2021 (4) ◽  
pp. 26-33
Author(s):  
Elena Klimova ◽  
Irina Pavlova

In modern realities, organizations face various risks, threats of both external and internal nature, which, if implemented, can have a negative impact on the overall condition of the enterprise, and in particular on the functional components of economic security. The article identifies the key components of the economic security of the organization, assesses the level of the legal component of economic security based on the calculation of the values of individual indicators in a complex model.

2019 ◽  
pp. 79-89
Author(s):  
Khrystyna Prytula ◽  
Yaroslava Kalat ◽  
Iryna Kyryk

An integral part of the implementation of any reform is the emergence of the risks of its negative impact on one or another area of region development. The decentralization reform in Ukraine is not an exception. In its the context the most probable occurrence of negative phenomena is in the border regions, which could be prevented by first detecting them. In the scientific article, the authors focus on the analysis of a number of challenges for the development of border regions in the context of decentralization reform. Given the territorial remoteness of the central regions of the country and the capital, which today serve as areas of concentration of investment and economic activity, the border regions traditionally (this is typical for the border areas of the EU member states) lag behind the rest of the regions by the main socio-economic indicators of development. Among the main challenges facing the border regions of Ukraine today are the following: the provision of competitiveness in the context of European integration processes and reduction of the border barrier function; low level of economic security; the outflow of human capital and the issue of ethnic minorities. Based on an expert survey of representatives of the fifteen united territorial communities (UTCs), the possibility of such risks of decentralization in the border regions were defined as following: groundless use of local budget funds; emergence of significant imbalances between delegated new authority and available financial resources of the community; increasing uneven development of territories within the community; increasing uneven development of communities within the country; deterioration of the availability and quality of providing educational and medical services; deterioration of the quality of local government; reducing of the state influence on the management of local development processes; radicalization of political unions representing the interests of ethnic minorities in places of their compact residence; further economic decline of the territory of communities and so on.


Author(s):  
Inna Tiutiunyk ◽  
Julia Belous

Trends in the development of the main components of financial and economic security of the country indicate their significant variability and dependence on a combination of internal and external factors. An important place among the drivers of influence on the level of financial and economic security is occupied by tax revenues. Given the prolonged national and transnational market turbulence, which is observed in most sectors of the economy, one of the biggest threats to the financial and economic security of most countries is the presence of a significant volume of shadow operations. The consequences of their implementation are the lack of tax revenues in the budget and the reduction of the country's financial viability in financing economic development programs. The purpose of the article is to study the impact of tax gaps on the level of financial and economic security of the country. In the paper, the essence of the financial and economic security of the country, which is proposed to be understood as a complex concept, integrates the features of economic and financial development of the economic system. Based on the systematization of scientific literatures, the main tasks and functions of financial and economic security of the country including realization of goals and objectives of financial policy and formation of favorable conditions for economically sustainable development and growth, highlights the characteristics of this concept are substantiated. The paper identifies three characteristic features of the financial and economic security of the country: as an indicator of its ability to protect the interests of society in a volatile external and internal environment; economically sustainable development and growth; leveling threats to the internal and external environment. The role of tax gaps in reducing the level of financial and economic security of the country is substantiated, the probability of formation of tax gaps in the economy is predicted, measures to minimize tax evasion as components of increasing its financial and economic security are proposed. The established interdependencies should serve as a basis for the transformation of state economic and financial policy in Ukraine in terms of minimizing the negative impact of the shadow sector of the economy on the indicators of economic development of the state.


2018 ◽  
Vol 4 (4) ◽  
pp. 334-340 ◽  
Author(s):  
Olga Sosnovska ◽  
Maksym Zhytar

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.


Author(s):  
O. Bykova ◽  
Andrey Garnov ◽  
A. Shpileva ◽  
A. Chuhlebov

In the constantly changing conditions of the external environment, with the modern development of science and technology, with a high level of competition, the success of an organization's functioning lies in its timely ability to effectively respond to market demands. An enterprise's resistance to external and internal threats is determined by the level of its economic security. In other words, the economic security of an enterprise is the state of its protection from the negative influence of external and internal threats, destabilizing factors, under which the sustainable implementation of the main commercial interests and goals of the statutory activities is achieved. It is extremely important to conduct a systematic analysis of the management of the economic security of enterprises, develop effective methods for assessing the current level of security in companies and improve mechanisms for increasing economic security to improve the competitiveness of Russian business in modern market realities. The concept of economic security includes a whole range of functional components. In addition to financial security, the system of economic security includes personnel, technological, market, legal, interface, environmental, information and power components, which equally affect the well-being of the company. And only when comprehensive measures are taken to improve each functional component, a high, competitive level of economic security can be achieved. It is extremely important to understand the essence of the economic security of an enterprise, to study methodological approaches to assessing the current level of economic security and to learn how to correctly use the mechanisms to improve it.


2021 ◽  
pp. 131-136
Author(s):  
С.В. Банк ◽  
В.Ф. Вакуленко

Теневая экономика проникает практически во все экономические сферы жизнедеятельности общества. Она включает в себя различные экономические отношения, которые находятся за рамками закона в областях производства, потребления, обмена и распределения. Воспрепятствование теневой экономике, предстающей одной из базовых угроз экономической безопасности страны, есть необычайно актуальное явление в настоящее время. Современное состояние сектора теневой экономики в России весьма динамично развивается, что влечет за собой негативное воздействие на социально-экономическое положение государства. В основном, это относится к представителям малого и среднего бизнеса, который занимается предоставлением услуг и производством разнообразных товаров. Актуальность избранной тематики заключается в том, что сейчас в России большой процент теневых доходов, тогда, как эти деньги могли быть направлены на становление и развитие МСП, особенно во времена обостренной пандемии, что позволило бы минимизировать экономическую напряженность и нарастить результативность государственных финансов. The shadow economy penetrates almost all economic spheres of society. It includes various economic relations that are outside the scope of the law in the areas of production, consumption, exchange and distribution. The obstruction of the shadow economy, which appears to be one of the basic threats to the economic security of the country, is an extremely relevant phenomenon at the present time. The current state of the shadow economy sector in Russia is developing very dynamically, which entails a negative impact on the socio-economic situation of the state. This mainly applies to representatives of small and medium-sized businesses that provide services and produce a variety of goods. The relevance of the chosen topic lies in the fact that now there is a large percentage of shadow income in Russia, while this money could be used for the formation and development of SMEs, especially during times of an acute pandemic, which would minimize economic tension and increase the effectiveness of public finances.


2013 ◽  
Vol 816-817 ◽  
pp. 1193-1196
Author(s):  
Ming Hua Wei ◽  
Qiao Ling Zhou ◽  
Jin Gui Zheng

In daily life, the nutrients taken from the food of the human body are often insufficient or surplus, which has a negative impact on human health and waste of agricultural nutrients as well. There is some catering software that can guide people about the intake of the nutrients at home and abroad, but they can only realize the analysis function, that is, tell the user that the nutrients intake is inadequate or exceed the standard. The optimal allocation system of the edible agricultural products' nutrition-functional components is introduced in this paper. It can make the real-time intervention during the users ordering process, adjust diet structure of the user, introduce in detail the process of database and consumption model construction, and gives the flow chart of the system and the hand-held terminal interface.


2021 ◽  
Vol 9 (2) ◽  
pp. 106-110
Author(s):  
Ivan Rykov

The article considers the existing views on the definition, elements of economic security of an enterprise, as well as typification features used in solving problems of classification of factors threatening it. The author systematizes traditional approaches to the definition of the term "economic security of an enterprise" and proposes a dualistic model of its description, in which it is presented not only as a desired state of protection of an entity engaged in entrepreneurial activity from the negative impact of external and internal factors, but also as a complex of controlled and continuous adaptation processes occurring within the enterprise in order to ensure its adaptation to changing conditions. It is also concluded here that threats to economic security that cannot be neutralized in most cases can be detected in a timely manner, which is especially important given the need to minimize negative consequences for the enterprise arising as a result of their action. As the main direction of further research in the field of classification of threats to the economic security of the enterprise, the search for correspondences between each of the types of threats to economic security and the methods by which the enterprise can effectively adapt to such threats is proposed.


Author(s):  
Kasira Nazarmatova ◽  
Saule Ermekbaeva

Food security is one of the most important aspects of socio-economic development in Kyrgyzstan. Therefore, studies done in this field of research are of significant theoretical and practical interest. Resolutions of food security issues are one of the conditions for the preservation of state sovereignty, economic security and social stability in society, ultimately, national security. Food safety is important, in terms of strategic interests of the country, and its solution requires: to satisfy public demand for food products; providing industry with raw materials of local manufacture; preservation of social, political and social stability in society; to prevent dependency of the national economy on changes; conditions related to the world markets, the development of internal agricultural production, food and processing industry; neutralization of some import to ensure stable employment and income in rural areas; preservation of ethnic - national characteristics of the local population by creating opportunities for 'survival' of the village: prevention of major foreign exchange expenditure on food imports: the neutralization of the negative impact on the local food market crises in foreign countries - exporters and importers of food products.


Author(s):  
Roman Snishchenko

Introduction. Unstable Economy of Ukraine due to political and military factors accelerates the negative impact of the competitive environment in entities making their business vulnerable and unstable. The issue of companies’ economic security is becoming especially important. Gained experience is to be improved and further development of theoretical and methodological apparatus of companies’ economic security as an important direction of Security Studies is required. Goal. The article aims to study the author’s definition of economic security entities on the basis of acquired scientific experience. The object of the study is the processes of economic security. The subject of research is the theoretical bases of economic security at a separate business entity. Methods. Theoretical and methodological basis of the study is a systematic approach to the definition of economic security as a scientific category, scientific works of domestic and foreign scientists, the method of theoretical generalization, analysis, synthesis, abstract and logical, and others. Results. The article analyzes the current set of definitions of the company’s economic security. The basic approaches to the interpretation of the term are grounded. The expediency of refining classifications and increasing the number of approaches to the definition of economic security are substantiated. The author defines the complex economic category “economic security” as it relates to the business entity. Discussion. It is necessary to clarify purposes and principles of providing economic security of business entity under unstable economy.


Author(s):  
Yuliia Romanovska ◽  
Lily Strapachuk

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.


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