Interconnection of economic security of the enterprise and the state: analysis of uncontrollable factors

Abstract

Introduction. The economic security of the enterprise and the state are interdependent, as the success of one directly affects the success of the other. If enterprises function well and prosper, they contribute to the growth of the country's economy, create jobs and improve living standards. On the other hand, a stable and successful state provides a favourable business environment, protects the rights of businesses and ensures proper regulation of the economy. Ensuring economic security is an important goal at all levels: from the international level to the individual household. The article discusses the main aspects of the impact of the economic security of the state on the security of the enterprise, such as financial stability, competitiveness, market position, etc. The article pays special attention to the analysis of uncontrollable factors that may affect the economic security of an enterprise and, in general, the economic stability of the state. Goal. The purpose is to determine the relationship between the economic security of an enterprise and the State in order to identify factors beyond the control of the enterprise management. Research methods. The study used analysis, deduction, induction, and generalisation. The results. The analysis of the mutual influence of the economic security of the State and enterprise has revealed that the former generates factors beyond the control of the enterprise management. It is shown that the list of basic factors includes: geopolitical instability, international sanctions, conflicts and wars, unsatisfactory level of innovation, corruption and insufficient legal system, energy dependence, natural disasters, demographic crisis, climate change, cyber security threat, social tensions and instability, foreign economic interventions, systemic risks in the banking sector, lack of resources and raw materials, low level of infrastructure development, inadequate foreign policy, threat of pandemics and epidemics, lack of education and skilled labour. The article shows that it is precisely because of the above factors that efforts to ensure the economic security of an enterprise, in some cases, do not equal the level of economic security obtained as a result of their results. The general measures to reduce the impact of uncontrollable factors on the economic security of enterprises are proposed.