Assessment of economic security of enterprises: theoretical and methodological aspects
Abstract
The main objective of the study is to formulate a new approach of assessing economic security for industrial enterprises, indicating a different approach from existing ones, to allow for the very specifics of economic activity, and to allow the use of qualitative and quantitative indicators. We justified that the effectiveness of ensuring the economic security for industrial enterprises is determined by the quality of the information basis for the actions of security entities. A methodological approach is proposed that provides for the determination of the security level at three levels: “indicator – functional component – financial indicator” and allows to obtain reliable information about the economic security of oil and gas, engineering and food industries by taking into account the specifics of their economic activities.
Keyword : security, economic security, enterprise, assessment of economic security, assessment
How to Cite
Shynkar, S., Gontar, Z., Dubyna, M., Nasypaiko, D., & Fleychuk, M. (2020). Assessment of economic security of enterprises: theoretical and methodological aspects. Business: Theory and Practice, 21(1), 261-271. https://doi.org/10.3846/btp.2020.11573
This work is licensed under a Creative Commons Attribution 4.0 International License.
References
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Arefieva, O. V., & Kuzmenko T. B. (2005). Planning of economic security of enterprises (pp. 17–18). Kiev: Publishing House of Europe.
Biliomistniy, O., Bilomistna, I., & Galushko, Y. (2017). Influence external and internal factors to financial security of enterprise. Financial and Credic Activity: Problems of Theory and Practice, 1(22). https://doi.org/10.18371/fcaptp.v1i22.109935
Burkaltseva, D., Borsch, L., Blazhevich, O., Frolova, E., & Labonin, I. (2017). Financial and economic security of business as a primary element in the economic system. Revista: Espacios, 38(33), 3–20.
Britchenko, I., Bohomolova, N., Kravchenko, O., & Pinchuk, S. (2018). Assessment of the determinats of financial security of railways in Ukraine. Financial and credit activity: Problems of Theory and Practice, 4(27). https://doi.org/10.18371/fcaptp.v4i27.154109
Bublyk, M., Koval, V., & Redkva, O. (2017). Analysis impact of the structural competition preconditions for ensuring economic security of the machine building complex. Marketing and Innovation Management, 4. https://doi.org/10.2139/ssrn.3184338
Bendikov, M., & Khrustalev, E. (1999). Economic safety of hightech industries. Economic Issues, 9, 9–16.
Blank, I. A. (2004). Financial strategy of the enterprise (pp. 72–73). Kiev: Nika-Center, Elga.
Bandurka, A. M., Dukhov, V. E., Petrova, K. Ya., & Chervyakov, I. M. (2003). Fundamentals of economic security: textbook (p. 236). Kharkov: Publishing House of the National. University of Internal affairs.
Evdokimov, F. I., Mizina, E. V., & Borodina, A. A. (2002), Generalizing assessment of the financial level of the economic security of an enterprise. Economic Journal DNTU, 47, 6–12. Donetsk: Publishing house of DonNTU.
Franchuk, V., Omelchuk, O., Melnyk, S., Kelman, M., & Mykytyuk, O. (2020). Identification the ways of counteraction of the threats to the financial security of high-tech enterprises. Business: Theory and Practice, 21(1), 1–9. https://doi.org/10.3846/btp.2020.11215
Farber, V. (2018). Financial aspects of economic security. ITMO Scientific Journal, Series of Economics, 4, 54–55. https://doi.org/10.17586/2310-1172-2018-11-4-52-61
Ianioglo, A., & Polajeva, T. (2017). The essence and phases of the comprehensive system of ensuring the economic security of enterprise, International Journal of Learning and Change, 9(1), 59–74. https://doi.org/10.1504/IJLC.2017.10005203
Ilyashenko, S. N. (2002). Assessment of the components of the economic security of an enterprise. Scientific DonNTU, 48, 16–22. Donetsk.
Khalina, O., Bazyliuk, V., Chornenka, O., Krasilych, I., & Korzh, M. (2019). Formation of organizational support for the management of the economic security of engineering enterprises: methodical and practical aspects. Business: Theory and Practice, 20, 317–328. https://doi.org/10.3846/btp.2019.30
Kovalev, D., & Pletnikova, I. (2000). Quantitative assessment of the level of economic security of an enterprise. The Economy of Ukraine, 4, 35–40.
Kozachenko, G. V. (2013). Economic security as a fundamental category of bespecology. Safetylessness: Theory and Practice: Materials of the I All-Ukrainian Scientific-practical Conference (p. 332).
Kljucnikov, A., Mura, L., & Sklenar, D. (2019). Information security management in SMEs: factors of success. Entrepreneurship and Sustainability Issues, 6(4), 2081–2094. https://doi.org/10.9770/jesi.2019.6.4(37)
Menggang, L. (2013). Research on industrial security theory (p. 442). Springer Heidelberg. New York, Dordrecht, London.
Ortinsky, V., Kernitsky, I., & Zhivko, Z. (2009). Economic security of enterprises, organizations and institutions: textbook. allowance. for study higher textbook. Bookmark (pp. 54–56). Kiev: All-Ukrainian. Asoc. Publishers of Legal Unity.
Pokropivny, S. (2000). Business economics (pp. 17–24). Textbook. allowance. Kiev: KNEU.
Sylkin, O., Kryshtanovych, M., Zachepa, A., Bilous, S., & Krasko, A. (2019). Modeling the process of applying anti-crisis management in the system of ensuring financial security of the enterprise. Business: Theory and Practice, 20, 446–455. https://doi.org/10.3846/btp.2019.41
Stavytskyi, O. (2017). Formation of a model of economic security. National Technical University of Ukraine “KPI named Igor Sikorsky”. http://ela.kpi.ua/bitstream/123456789/23882/1/S.71-77.pdf
Sitdikova, L. B., & Starodumova, S. J. (2019). Corporate agreement as a means of providing security in the course of entrepreneurship development. Entrepreneurship and Sustainability Issues, 7(1), 324–335. https://doi.org/10.9770/jesi.2019.7.1(24)
Wu, Y., & Meng, F. (2019). Categorizing security for security management and information resource management. Journal of Strategic Security, 11(4), 72–84. https://doi.org/10.5038/1944-0472.11.4.1694
Zhivko, Z. (2013). Methodology of management of economic security of an enterprise (monograph) (pp. 48–92). Liga-Pres, Lviv.
Zabrodsky, V. A., & Kizim, N. A. (2000). Property, economic security and the state. Economic Cybernetics, 3–4, 58–63.