scholarly journals ECONOMIC SECURITY: PREREQUISITES FOR FORMING A GENERAL INDICATOR FOR MONITORING FINANCIAL SUSTAINABILITY

2021 ◽  
pp. 26-31
Author(s):  
G.I. Zolotareva ◽  
N.V. Bakhmareva
Keyword(s):  
Economic Security ◽  
Financial Sustainability ◽  
General Indicator

scholarly journals Management of the Financial Sustainability of Enterprise in the Context of Provision of Economic Security in the Conditions of Strengthened Integration Processes in the Economy

2020 ◽  
Vol 12 (515) ◽  
pp. 245-251
Author(s):  
S. T. Piletska ◽  
◽  
T. Y. Korytko ◽  
V. O. Khrapach ◽  
◽  
...  
Keyword(s):  
Strategic Management ◽  
Information Provision ◽  
Economic Security ◽  
Financial Resources ◽  
Financial Sustainability ◽  
Monitoring And Control ◽  
Related Factors ◽  
Sustainability Management ◽  
Destabilizing Factors ◽  
Factors Of Influence

The article is aimed at substantiating the essence of the concepts of «financial sustainability» and «strategic management of financial sustainability» in the context of providing economic security in the conditions of integration processes in the economy. The relevance of the management of financial sustainability of enterprise is proved, which is connected with the need to find new approaches to financial sustainability management in the context of providing its economic security in the conditions of strengthened integration processes. It is proposed that the financial sustainability of enterprise be understood as such state of its financial resources, when a financial balance is achieved in the long and short-term periods and which on his part, in the conditions of strengthened integration processes, results in the properties of the enterprise manifested as a system that allows to adapt to the action of destabilizing factors through flexibility and complex formation and use of financial potential and thus protects the enterprise from the influence of factors of both the external and the internal environment. It is specified that strategic management of financial sustainability can be conceived as the influence of the managing subsystem on the financial potential of the enterprise in order to implement strategic plans in the conditions of integration processes in compliance with the optimal structure of financial resources, which is achieved by flexibility and adaptability to the destabilizing factors of influence. As result of the research, it is substantiated that strategic management of financial sustainability of enterprise is a dynamic set of the interrelated management processes: information provision of the financial sustainability management; analysis of the financial sustainability of enterprise and the related factors of influence; development and forecasting of development scenarios taking into account integration processes; implementation of the strategy for achieving financial sustainability; monitoring and control of achieving the strategy goals in the dynamic development of integration processes in the economy. Prospects for further research in this direction are the development of a mechanism for management of the financial sustainability of enterprise in the context of provision of its economic security.

scholarly journals SYSTEM OF MOTIVATION OF PERSONNEL ACTIVITY AS A FACTOR OF ACHIEVING FINANCIAL AND ECONOMIC SAFETY OF THE ENTERPRISE

2017 ◽  
pp. 225-229 ◽  
Author(s):  
Oleksandr Lavryk ◽  
Tetyana Bulyha
Keyword(s):  
Economic Performance ◽  
Human Factor ◽  
Labour Productivity ◽  
Economic Security ◽  
Financial Sustainability ◽  
Economic Stability ◽  
Stage Of Development ◽  
Reliable Mechanism ◽  
A Company ◽  
Main Factor

Introduction. The main factor that provides the development of the enterprise and its financial and economic stability at this stage of development of our country is the optimization of the system of personnel motivation. Increasing the level of economic security and financial sustainability at the enterprise can be based on the human factor, and focus on improving labour productivity. Therefore, first of all, the problems which are associated with the proper provision of financial and economic security through the motivation of staff acquire special urgency in modern conditions. Purpose. The article aims to study various systems of motivation of personnel as a factor in achieving financial and economic security of the enterprise. Method (methodology). The tasks have been solved by estimation and analysis methods of assessment and analysis of personnel motivation system, the estimation of financial and economic performance, statistical methods. Results. The financial and economic security of a company will work successfully only in case when all employees will understand its importance and ensure the security of the enterprise. They have to fulfil consciously all conditions and requirements which are established by the specified system. It is based on the interconnection and observance of all the principles of motivation of the personnel. This system allows the company to be sustainable, adequately respond to the dangers and threats, to develop and improve, to have a reliable mechanism of coordinated work of all employees of the organization.

scholarly journals FACTOR ANALYSES OF FINANCIAL STABILITY OF ECONOMIC SECURITY OF JOINT AGRICULTURAL ENTERPRISES

2017 ◽  
pp. 255-260
Author(s):  
Victoria Petrenko
Keyword(s):  
Financial Stability ◽  
Economic Security ◽  
Financial Sustainability ◽  
Financial Security ◽  
Negative Effects ◽  
Logical Scheme ◽  
Internal Factors ◽  
Agricultural Enterprises ◽  
Economic Entity ◽  
Conditions Of Stability

Introduction. The article deals with the issues of the relationship between financial sustainability of an enterprise and its level of economic security. The content of financial stability is considered. The author's definition is presented in this research. The main conditions of stability achievement are investigated. A logical scheme is presented. This scheme reflects the place of financial stability and financial security in ensuring economic security of the economic entity. The system of external and internal factors influencing financial stability and threatens financial stability and financial safety of the enterprise is considered. Purpose. The article aims to carry out the factor analysis of financial sustainability for the economic security of joint agricultural enterprises. Results. It has been established that internal factors, such as the availability of financial resources and financial position, the structure of capital, the ability of an enterprise to generate profits determine the level of its economic security and the ability to withstand the negative effects of external and internal threats. It has been substantiated the necessity to increase the financial stability with the purpose of growth of level of economic safety of the enterprise. On the basis of the conducted research, it has been proposed a matrix of risks that influence the financial stability and economic safety of the enterprise. It allows determining the probability of their manifestation and degree of influence. We have determined the economic, social, human resources, financial, organizational and economic, and innovative and production tools for improving the stability and financial security of the economic entity. The list of typical measures that have been considered in this article will allow making a plan to minimize adverse impacts and enhance financial sustainability and security.

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.

WAYS TO IMPROVE FINANCIAL SUSTAINABILITY OF THE ENTERPRISE TO ENSURE ECONOMIC SECURITY

2018 ◽  
Author(s):  
Вера Шумилина ◽  
Vera Shumilina ◽  
Камила Абдуллаева ◽  
Kamila Abdullayeva ◽  
Татьяна Сушкова ◽  
...  
Keyword(s):  
Financial Stability ◽  
Economic Security ◽  
Financial Sustainability ◽  
Sources Of Information ◽  
Current State

The article is devoted to the study of the level of financial stability of the enterprise. Since this criterion is key in describing the current state of the enterprise, it indicates the relevance of the topic. The paper describes the main stages of the analysis of financial stability, principles, sources of information, as well as the coefficients used in the calculation of the analysis.

Analyzing the financial sustainability of priority development systems set up in the Far Eastern regions of Russia

2020 ◽  
Vol 16 (5) ◽  
pp. 838-875
Author(s):  
V.A. Yakimova ◽  
A.V. Brizitskaya
Keyword(s):  
Economic Security ◽  
Economic Systems ◽  
Financial Sustainability ◽  
Investment Projects ◽  
Correlation And Regression Analysis ◽  
And Performance ◽  
Set Up ◽  
The One ◽  
Far Eastern ◽  
Regions Of Russia

Subject. The article examines economic systems of priority development that are established in the Far Eastern regions of Russia. Objectives. The study is to analyze key financial and economic indicators of the financial sustainability of residents and priority development areas (PDA), where they operate, to forecast and determine the future development, enhance the competitiveness, lucrativeness for investors and performance. Methods. Research is based on methods of correlation and regression analysis, grouping, systematization, comparison and analysis, ratios. Results. We analyzed financial sustainability indicators of PDA by group of residents, which were sorted by scope of their operations, lifecycle phase of projects and type of activity. The article indicates key sources of funds and a lack of additional investment. Conclusions and Relevance. Analyzing the financial sustainability of PDA, we point out that most residents have sufficient capital invested, which is needed to implement investment projects, and operate in the favorable financial environment. However, financial resources can be multiplied mainly with funds raised, which can possibly put the financial security at stake. We point out noticeable unprofitability, on the one hand, which is typical of average indicators of the region. However, on the other hand, it results from the investment phase of some projects. Investors may refer to the analysis of the financial sustainability of residents and PDA to ensure the development and have the stable return on investment, protect their investment resources. The findings can be also interesting for creditors to have a comprehensive view of the borrower's solvency and creditworthiness of counterparts, while authorities and managing companies can rely on it to monitor the development of the economic system, outline economic security actions for the Far Eastern regions of Russia.

MONITORING AND CONTROL OF FINANCIAL STABILITY AND ECONOMIC SECURITY OF AGRICULTURAL ENTERPRISES

2019 ◽  
pp. 24-31
Author(s):  
Oleksiy GAVRILENKO
Keyword(s):  
Financial Stability ◽  
Food Industry ◽  
Economic Security ◽  
Financial Sustainability ◽  
Monitoring And Control ◽  
Agricultural Enterprises ◽  
Agricultural Enterprise ◽  
The Matrix ◽  
Stability Type ◽  
And Control

Abstract Introduction. Food businesses are constantly experiencing financial difficulties due to untimely activity results analysis. The financial stability support program is a key objective of the agricultural enterprise. It is possible to ensure its effective functioning through the introduction of an appropriate internal control system. In today's volatile economic environment, only businesses with the proper level of competitiveness and financial sustainability can function productively. The purpose of the article is to substantiate the need and to find ways to implement monitoring and control of financial stability and economic security in the management of agricultural enterprises. Results. The purpose and the most effective means of ensuring Ukraine's food policy in the current economic conditions are determined. The stages of economic monitoring (preparatory stage, research and analysis of the obtained results) are presented. The economic monitoring scheme of financial and economic situation at the enterprise is presented. Possible types of financial condition of agrarian enterprise are described. The interdependence of the financial stability type and the concept of competitive advantages development in food industry enterprises at different stages of their life cycle are presented. The comparative assessment of the existing ways and methods of monitoring financial stability have been shown in the context of conducting an internal analysis of the agricultural enterprises financial stability. The characteristic of financial stability monitoring of agrarian enterprise production on the basis of matrix method is given. The results of the financial sustainability assessment of the enterprise «Kulindorovsky» are presented based on the matrix scheme. The conformity of the integral indicator of the enterprises financial stability type of the food industry in the Odessa region is estimated. The realization directions of the algorithm of internal systematic analysis implementation of agricultural enterprises financial stability are indicated. Conclusions. Analysis of agrarian enterprise financial stability it is advisable to carry out using the matrix algorithm. The proposed methodology will allow to anticipate possible threats to the financial activity of the agricultural enterprise. The results obtained will help to make management decisions aimed at stable activity of the enterprise. Keywords: monitoring, control, analysis, economic security, risk, agricultural enterprise, financial security of agricultural enterprises.

Future Russia’s WTO Accession and Potential Economic Risks

2005 ◽  
pp. 132-139 ◽  
Author(s):  
A. Chirkin
Keyword(s):  
Foreign Trade ◽  
Economic Security ◽  
National Interests ◽  
Wto Accession ◽  
Economic Risks

WTO plays the key role in regulating international foreign trade. The article considers basic problems, which Russia will face after joining this organization. Advantages as well as risks connected with membership in WTO are noted. The necessity of safeguarding national interests and fulfilling the requirements of the country's economic security is stressed.

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