Main Components and Principles of Economic Security of Agrarian Enterprises

Sukhanova, Alla V.

doi:10.36887/2415-8453-2019-2-11

Cited by 9 publications

(2 citation statements)

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“…Economic stability also contributes to attracting highly qualified specialists, increasing productivity and business development. In the context of economic instability and a competitive environment, ensuring economic security becomes essential for the survival and increased competitiveness of the enterprise (Sukhanova, 2019;Sosnovska, et al, 2018).…”

Section: The Importance Of Economic Security In Ensuring Competitive ...mentioning

confidence: 99%

The Role of Economic Security in Ensuring Competitive Economic Development of Agricultural Enterprises

Volyk,

Orel,

Senchyk

2023

BJES

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The subject of the research is the study of economic security as one of the factors of competitive economic development of agricultural enterprises. Methodology. The article uses general scientific methods, in particular, theoretical generalisation, methods of analysis and synthesis, statistical analysis, and graphical methods to visualise the results of the study. The aim is to analyse the role of economic security in ensuring competitive economic development of agricultural enterprises. Conclusion. A reliable system of economic security is a crucial condition for the effective functioning of any business entity in a market environment. Ukrainian agricultural enterprises face numerous problems, such as depreciation of resource potential, insufficient financial and information support, and low level of management qualifications, which limit their ability to ensure economic security on their own. Identification, avoidance and neutralisation of various threats that can destabilise the functioning of an enterprise and threaten its economic interests are becoming the main tasks for every business entity. The development of an effective system of economic security and the introduction of mechanisms and tools for its management require a systematic study of both theoretical and applied aspects of the management of economic security of agricultural enterprises. The place of economic security in the competitive economic development of agricultural enterprises is decisive for the creation of sustainable and prosperous activities in the conditions of market competition. It becomes a fundamental element of competitiveness, which is the ability of enterprises to operate and develop effectively in an uncertain market environment. The main aspects of the role of economic security in the competitive economic development of agricultural enterprises include protection from external and internal risks, reputation management, support for innovation and technological development, financial stability, participation in market competition and sustainability of production. These aspects are generalised into a single practical system of economic security, which is the basis for the competitive economic development of agricultural enterprises.

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Section: The Importance Of Economic Security In Ensuring Competitive ...mentioning

confidence: 99%

The Role of Economic Security in Ensuring Competitive Economic Development of Agricultural Enterprises

Volyk,

Orel,

Senchyk

2023

BJES

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“…Bogachevska and Alieksieieva [5] focus on the eco nomic security of industrial enterprises. Sukhanov [6] consid ered the same problems but for agricultural enterprises. Bursa riev [7] did the same for the fuel and energy complex.…”

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confidence: 98%

Modeling enterprises’ economic security in crisis conditions

BLAKYTA¹,

БОГМА²,

Болдуєва³

et al. 2021

Nauk. visn. nat. hirn. univ.

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Purpose. To create a mathematical model for assessing, analyzing and forecasting the economic security of the enterprise in a crisis. To create an algorithm for assessing the levels of economic security. Methodology. In the scientific research, the results of which are given in the presented article, general and special methods of cognition were used. The method of logical generalization is used to substantiate the relevance of the topic, purpose and objectives of the study, to determine the essential features of indicators of economic security of the enterprise. The method of comparative analysis, quantitative and qualitative comparison is used to identify an integrated indicator that correlates with the characteristics of economic security and to provide analytical and predictive results of profitability of all activities of the enterprises of the industry and on its separate branches. The method of mathematical formalization is used for the formation of a mathematical model and algorithm for assessing the level of threat to the economic security of the enterprise. Findings. It is proposed to create a mathematical model by integrating individual blocks that use different mathematical approaches. This model is designed for analytical study on various aspects of economic security of the enterprise. Algorithms are proposed for estimating the levels of economic security (critical, dangerous, unsatisfactory, satisfactory, optimal ones) and also determining them using an integrated indicator that characterizes these levels; finding its deterministic, probabilistic and fuzzy components; a step-by-step increase in the relevance of the analysis of the level of economic security. It is also proposed to compare the effects of the crisis on enterprises in different industries and to gradually calculate integrated indicators in the areas of economic security for a homogeneous group of enterprises selected by industry, size and region. This provides an opportunity to see more broadly the threats and depth of the crisis and to implement measures to neutralize its consequences more effectively. Originality. The mathematical model for assessing and forecasting the economic security of enterprises in crisis conditions has been created. It is proposed to conduct a permanent rapid analysis and forecast of the impact of the crisis on the economic security of the enterprise using a standardized integrated index of economic security. An algorithm of step-by-step increase in relevance of the analysis of the level of economic security is introduced. Practical value. The developed mathematical apparatus can be used both for scientific research on various aspects of economic security of enterprises, and for practical purposes to predict the impact of the consequences of the economic crisis and implement measures to prevent them. Using this mathematical apparatus, the analysis and forecast of profitability of industrial enterprises as a whole and by its individual branches were carried out. The results of this analysis can be used by the management of small, medium and large enterprises to develop production plans in a crisis.

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Management of Economic Security of Horticultural Enterprises in Ukraine

Zagorodniuk¹,

Gomeniuk

Maliuga

2022

BJES

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The current state of economic security of horticultural enterprises in Ukraine, functioning in the agro-industrial complex of Ukraine, indicates the presence of a large number of internal and external threats that arise in the process of their financial and economic activities. Most horticultural enterprises have an insufficient level of economic security. The purpose of the study is to substantiate the algorithm of economic security management of horticultural enterprises of Ukraine. Methodology. During the study the following methods were used: analysis and synthesis (to critically comprehend the theoretical provisions of economic security); system analysis (to substantiate the economic security management system of horticultural enterprises and its subsystems); expert method (to determine the weights in the integral index of internal economic security of horticultural enterprise); methods of statistical (correlation and regression) analysis (to check the sensitivity of horticultural enterprises of Ukraine to changes in macroeconomic and other indicators); graphic and tabular methods (to visualize the results of the study). Results. The authors pay special attention to the presence of internal and external threats to the economic security of horticultural enterprises. The authors have developed a protocol for managing internal and external economic security of horticultural enterprises as a set of successive stages, which will ensure the achievement of the target level of economic security. The article substantiates the methodological approach to the assessment of internal economic security of horticultural enterprise on the basis of relative indicators, which are combined into five components. The article substantiates methodological approach to the assessment of external economic security of horticultural enterprise on the basis of four macro-indicators. Practical implications. The proposed protocol of economic security management of horticultural enterprise can be used as a technology of enterprise management to ensure its stable development. The proposed method for assessing internal and external economic security can be used by a horticultural enterprise. Value/originality. Improved the theoretical and applied bases of the study of economic security of agricultural enterprises on the example of horticultural enterprises. The methodological foundations of internal and external assessment of the economic security of enterprises were developed. The protocol of economic security management of horticultural enterprise is developed for the first time. The protocol includes interconnected and sequential stages and is adaptive to modern conditions of financial and economic activity of horticultural enterprises.

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Main Components and Principles of Economic Security of Agrarian Enterprises

Cited by 9 publications

References 1 publication

The Role of Economic Security in Ensuring Competitive Economic Development of Agricultural Enterprises

The Role of Economic Security in Ensuring Competitive Economic Development of Agricultural Enterprises

Modeling enterprises’ economic security in crisis conditions

Management of Economic Security of Horticultural Enterprises in Ukraine

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