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.
THE MAIN RISKS OF FOREIGN ECONOMIC ACTIVITY OF ENTERPRISES IN THE CONDITIONS OF DEVELOPMENT OF GLOBALIZATION PROCESSESПроведено дослідження основних ризиків зовнішньоекономічної діяльності підприємств в умовах розвитку глобалізаційних процесів. Визначено, що зовнішня торгівля серед інших видів бізнесу має найвищий рівень ризику, оскільки, крім ризиків всередині країни, на діяльність економічних агентів впливають ризики «іноземного походження». Доведено, що зовнішньоекономічна діяльність сама по собі має підвищений рівень ризику, оскільки в ній беруть участь підрядники з різних країн з різними культурними і національними особливостями, що ускладнює перевірку ділових намірів покупців і продавців щодо конкретної угоди. Встановлено, що страхування являє собою найпоширеніший метод зниження ризиків. Страхуванняце система економічних відносин, тобто формування спеціального грошового фонду компаній, організацій і громадськості на випадок шкоди, заподіяної стихійними лихами та іншими несприятливими випадковими подіями.The development of market relations, accompanied by an increase in the openness of the country's economy, the emergence of a powerful non-state sector, and the commodity content of domestic markets, inevitably leads to the activation of foreign economic relations between domestic business entities. and foreign partners. Foreign economic activity in its evolutionary development has gone through several stages, which, using the terminology of economic science, can be characterized as: protectionism, liberalization, transnationalization and integration. The study of the main risks of foreign economic activity of enterprises in the context of the development of globalization processes has been carried out. It has been determined that foreign trade among other types of business has a high level of risk, since, in addition to risks within the country, the activities of economic agents are affected by risks of "foreign origin". It has been proven that foreign economic activity in itself is an increased level of risk, since it involves contractors from different countries with different cultural and national characteristics, which makes it difficult to verify the business intentions of buyers and sellers for a particular transaction. It has been found that insurance is the most common risk mitigation method. Insurance is a system of economic relations, that is, the formation of a special monetary fund for companies, organizations and the public in the event of damage caused by natural disasters and other unfavorable random events. The peculiarity of the risky nature in business is that, in addition to the risk of loss, it also provides the risk of winning. Entrepreneurship itself is a twoway issue in terms of risk: you take risks and either win or lose. To be able to turn risk positively, you need to have and develop not one solution, but a series of alternatives. In this case, the probability of an optimal solution is much higher, and the possibility of avoiding or minimizing risks is more real. For a specialist in...
The article is devoted to the study of the peculiarities of the Ukraine’ insurance market functioning in the modern conditions of emergence of new unforeseen threats and challenges. The current state of the national insurance market is analyzed and the main trends of its development in 2017-2020 are identified. It was found that the change in the main indicators of the insurance market of Ukraine occurred under the influence of economic downturn due to the spread of coronary heart disease. Thus, if until 2020 the national insurance market was marked by insignificant but stable development, then from 2020 it was significantly affected by restrictive quarantine measures at the state level, which led to a sharp decrease of 19% in gross insurance premiums compared to 2019. There was a decrease in the number of insurers during the study period from 296 to 215, with the largest decrease in the number of companies providing insurance other than life insurance. It is noted that the impetus for the national insurance market development will provide the sale of new insurance products, such as cyber-insurance, P2P insurance and microinsurance, blockchain and smart contracts in insurance, insuretech. The main problems that hinder the development of the national insurance market are identified. These include: the lack of a unified state strategy for the development of the national insurance market, the change of the regulator and, accordingly, the general vision of the development of the national insurance market by its representatives; imperfection and fragmentation of the regulatory framework in the field of insurance; underdeveloped financial market and lack of liquid and reliable financial instruments for investing resources of insurance companies; fears of fraud; low level of innovation by insurers; improper level of information openness of the insurance market, etc. The solution of these problems will ensure its formation as a driver of economic development of the country.
The purpose of the article is to study the features of financing the production of intellectual products of multinational corporations in the context of globalization. Research methodology – system-structural and comparative research (to understand the logic of financing the production of intellectual products of multinational corporations), statistical and economic analysis (in assessing the status and prospects of the role of transnational corporations). The scientific novelty is to substantiate the peculiarities of financial management in multinational companies and to determine the main aspects of international financial management, which will increase the production of intellectual products of multinational corporations and the development of international economic relations. The article identifies the distinctive features of modern multinational companies and technologically sound strategies that contribute to their economic success. The main ways to obtain long- term investments and the peculiarities of the formation of strategic alliances and their agreements are clarified. Various forms of international cooperation are considered. Conclusions. According to the results of the study, it was concluded that the role of transnational corporations is growing, which is determined by their participation in world gross domestic product, increasing the share of international movement of capital, labor and other resources. Their importance in the world economy is evidenced by the scale of foreign operations in all sectors and areas of social production. The main obstacles to the financing of multinational corporations are the disagreement of the interests of companies and governments of the host countries, taking into account economic, political, monetary, financial and legal risks. Ukraine is able to use the model of open innovation networks as a key to entering the global innovation economy in line with current trends. Keywords: transnational corporations, transnationalization, investments, innovations, research and development, research and development works.
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