Journal articles on the topic 'Economic security of enterprise corporate security of enterprise'
To see the other types of publications on this topic, follow the link: Economic security of enterprise corporate security of enterprise.
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 50 journal articles for your research on the topic 'Economic security of enterprise corporate security of enterprise.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.
1
Rudenko, Inna, Alina Kolesnyk, Tetiana Bolotova, Oleg Bogoyavlenskiy, Olha Halkina, Viktoriia Pustova, and Denis Darmostuk. "Methodological approach to mutually agreed corporate image management and economic security of enterprise." ScienceRise, no. 2 (April 30, 2021): 53–58. http://dx.doi.org/10.21303/2313-8416.2021.001790.
Full textAbstract:
The object of research: corporate image and enterprise economic security.
Investigated problem: methodical approach to mutually agreed management of enterprise’s image and its economic security.
The main scientific results: theoretical analysis of the opinions, which are presented in the scientific literature of enterprise economic security functional components and the mechanism of their formation, is carried out. The functional components of economic security related to the internal and external aspects of enterprise are studied in detail, and their close relationship with image components is determined. The stages of enterprise image management are schematically shown with taking into account the compliance of image economic security components levels.
The area of practical use of the research results: the need to adhere to certain sequence of actions aimed at forming a positive image and managing it in enterprises is emphasized. It is advisable to use an approach to the formation of corporate image with taking into account the targeted influence of management entities on the business environment.
Technological innovation: the enterprise economic security structure in the context of modern tendencies is proposed, the complex of measures which are recommended to be applied for enterprise image maintenance is determined.
Scope of application for technological innovation: practical activity of Ukrainian enterprises is in interconnection with other business environment participants.
2
Ribeiro Ramos, О., Ye Myronenko, I. Britchenko, O. Zhuk, and V. Patlachuk. "ECONOMIC SECURITY AS AN ELEMENT OF CORPORATE MANAGEMENT." Financial and credit activity problems of theory and practice 1, no. 42 (March 31, 2022): 304–12. http://dx.doi.org/10.55643/fcaptp.1.42.2022.3698.
Full textAbstract:
Abstract. The purpose of this study is to develop mechanisms to ensure the economic security of enterprises on the basis of identifying qualitative new patterns of its development, which are associated with digital transformation. The work uses methods of generalization, comparison, analysis and synthesis — to understand the essence and components of economic security; a graphic method — to visualize the conceptual model and mechanism for ensuring the economic security of the enterprise in conditions of digitalization; monographic methods — for in-depth research of the tasks set; abstract-logical methods for theoretical generalization of research results and formulation of conclusions and proposals. The mechanism for ensuring the economic security of enterprises on the basis of identifying qualitative new patterns of its development, the action of which allows to ensure the necessary level of economic security of the enterprise is suggested. The practical significance of the research lies in the development of methods for assessing the economic security of enterprises based on the calculation of relevant local indicators and a set of indicators that characterize various aspects of economic security (production, human resources, finance, environment, digitalization), which allows to develop timely measures to improve economic security in relevant areas. The originality lies in the justification of the structure of the functional components of the economic security of the enterprise and the justification of the need to calculate its level on the basis of the integral index in order to develop measures to improve it. The results of the study can be used for the formation of an effective system of economic security of the enterprise. Keywords: security, economic security, management, mechanism, enterprise, system, indicators of economic security. JEL Classification D02, M21 Formulas: 3; fig.: 2; tabl.: 3; bibl.: 17.
3
Bondar, Iuliia, and Tatiana Doroshenko. "ЕКОНОМІЧНА БЕЗПЕКА ПІДПРИЄМСТВА ЯК ФАКТОР ЗАБЕЗПЕЧЕННЯ ЕФЕКТИВНОСТІ ЗОВНІШНЬОЕКОНОМІЧНОЇ ДІЯЛЬНОСТІ." Development of Management and Entrepreneurship Methods on Transport (ONMU) 78, no. 1 (2022): 70–82. http://dx.doi.org/10.31375/2226-1915-2022-1-70-82.
Full textAbstract:
The article proves that the importance of foreign economic activity for domestic enterprises and the need to ensure their economic security determine the urgency of the transition to security-oriented management of foreign economic activity. The essence of the concept of «economic security» is analyzed and it is determined that it is a rather broad concept that should be considered as a process of more efficient use of its production and economic resources and entrepreneurial capabilities. set goals and objectives in accordance with his chosen development stra-tegy. The level of economic security of the enterprise is studied and it is determined that it depends on how effectively its management and specialists will be able to avoid possible threats and eliminate the harmful effects of certain negative components of the external and internal environment. It is determined that the purpose of economic security of the enterprise is to guarantee its stable and most efficient operation in the present and high potential for future development. The mechanism of economic security management, which depends on the scope of the enterprise, providing corporate resources and opportunities to implement basic measures to maintain its proper level as a whole and its main structural elements, as well as the mechanism of economic security of foreign economic activity is an effective element of economic security. The list of tools (models) for ensu-ring the economic security of foreign economic activity, which relate to the mechanism of economic security management of foreign economic activity of the enterprise. The place of economic security of entrepreneurship in the security system of the national economy is determined.It should be noted that the universal tools to ensure a high level of economic security of the enterprise include: organizational and managerial measures, technical support, control and systematic monitoring of indicators of its individual structural elements and economic security of the enterprise as a whole. Keywords: enterprise management, economic security, foreign economic activity, instruments of the mechanism of economic security, models.
4
Rudenko, I. V., T. M. Bolotova, and T. V. Kulynych. "The Diagnostics of Economic Security as an Instrument for Ensuring Efficient Image Management of Enterprise." Business Inform 1, no. 516 (2021): 297–302. http://dx.doi.org/10.32983/2222-4459-2021-1-297-302.
Full textAbstract:
The article is aimed at developing methodical approaches to efficient management of the enterprise’s image in connection with the state of its economic security. It was concluded that the issue of the impact of the image on the economic security of enterprise today is paid insufficient attention. It is proved that in the conditions of unstable economic situation in Ukraine, the process of efficient management of the enterprise’s image should be based on the diagnosis of its economic security. A theoretical analysis of opinions in the scientific literature on the functional components of economic security of enterprise and the mechanism of their formation is carried out. The expediency of using the approach to the formation of the corporate image, taking into account the targeted impact of management entities on the participants of the business environment, is accentuated. A structure of economic security of enterprise in the context of modern tendencies is proposed. The functional components of economic security related to both the internal and the external aspects of the enterprise’s activity are studied in detail and their close relationship with the components of the image is determined. During the research, the lack of unity in the methodology of diagnostics of economic security of enterprise was proved. A methodical approach to mutually coordinated management of the image and economic security of enterprise is developed, which is based on the results of diagnostics of economic security levels and assessment of the real level of the enterprise’s image. It is emphasized the need to adhere to a certain sequence of actions directed towards forming a positive image of enterprise and managing it. Schematically depicted are the stages of managing the image of enterprise, taking into account the compliance of the levels of components of economic security of the image. A complex of measures is defined that are recommended to be used to maintain the image of enterprise: personnel, marketing, client and production-economic.
5
Matukhno, Yulia, and Dmytro Kutsenko. "The Need for Transformations of Enterprises’ Mechanism of Economic Security Management in the Context of the Fourth Industrial Revolution Risks Spread." Modern Economics 23, no. 1 (October 27, 2020): 125–29. http://dx.doi.org/10.31521/modecon.v23(2020)-20.
Full textAbstract:
Introduction. The state of economic security of the enterprise determines its ability to develop its own potential and maintain the level of competitiveness, as well as ability to counteract the negative impact of external and internal environment and prevent the risks that are characteristic of it. The number of risk factors for the normal operation of domestic enterprises has increased in the context of the trends spread of the Fourth Industrial Revolution. An important step in establishing a modern integrated economic security system is the formation of a management mechanism that will ensure the effectiveness of the process of identifying and neutralizing both traditional and emerging risks to industrial enterprises, many of which belongs to the critical infrastructure of the country and are therefore strategically important for maintaining industrial potential and maintaining the state of national security. Purpose. The purpose of the article is to determine the vectors of transformation of the essence, functions, main stages of creating a mechanism for managing the economic security of an industrial enterprise, able to counteract the negative consequences of the risks of the Fourth Industrial Revolution. Results. The article reveals the essence of the mechanism of economic security management and defines its main elements. It is offered to divide the functions of the mechanism of economic security management of the enterprise into preventive and anti-crisis management in order to ensure timely counteraction to the risks of the environment of the industrial enterprise. The short characteristic of the stages of industrial enterprise economic security management mechanism formation is given, features of functioning of the economic security management mechanism in the conditions of tendencies distribution of the Fourth Industrial Revolution are considered. Conclusion. As a result of studying the basics of building a modern, risk-oriented industrial enterprise economic security management mechanism, it was found that due to its elements such as methods, resources, tools and levers of economic security, it becomes possible to effectively overcome the impact of traditional and innovative risks on corporate resources of enterprises and on the success of the process of meeting the economic interests of different groups of its stakeholders. Implementation at the applied level of the outlined stages of enterprise economic security management mechanism formation allows to apply its functionality in the future to ensure economic stability, strategic prospects and competitiveness of the business structure in the risk of the Fourth Industrial Revolution.
6
Akbasheva, A. A., I. S. Dzakhmisheva, and Y. V. Masalova. "Formation of the mechanism of ensuring economic security of the agricultural enterprise." Proceedings of the Voronezh State University of Engineering Technologies 82, no. 4 (January 20, 2021): 297–306. http://dx.doi.org/10.20914/2310-1202-2020-4-297-306.
Full textAbstract:
The scientific article proposes a mechanism for ensuring the economic security of an agricultural enterprise, which contributes to the improvement of the financial position of an economic entity in the existing one. The current system of the process of ensuring economic security is a guarantee for the stable development of an economic entity, therefore the developed mechanism is in demand and a necessary condition for the development of an agricultural enterprise. The mechanism for ensuring the economic security of an enterprise is formed through a system of management activities in financial relations by using certain principles, financial levers, tools, methods of legal and information research, which allows achieving the main goals of the enterprise. Among the main components of the mechanism for ensuring economic security, eight main stages of the entire mechanism are proposed. The scope and specificity of the enterprise's business is formed taking into account the property status and financial interests of the enterprise: growth in the market value of the enterprise and maximization of profits; sufficiency of fixed and working capital; availability of the required volume of investment resources; optimization of payments to the budget, etc. ensuring the economic security of the enterprise plays a significant role in its functioning as a whole. The implementation of an effective mechanism for the economic security of an enterprise requires proper attention from managers to the level of integration into the global information space, the economic interests of the company, the level of expenditure of corporate resources and a clear organization of activities. The mechanism of the process of ensuring economic security is based on a systemic combination of certain tools, methods, means and information and analytical process of ensuring, created on the basis of objectively existing principles of the process of ensuring economic security, as well as those that are formulated by the subjects of managing the economic security of an enterprise to achieve and protect it. financial interests.
7
Tkachenko, Volodymyr, Iryna Tkachenko, Polina Puzyrova, and Andriy Klochko. "Organizational and economic mechanism of a business security as a guarantee of its sustainable development." Virtual Economics 2, no. 4 (October 27, 2019): 71–85. http://dx.doi.org/10.34021/ve.2019.02.04(4).
Full textAbstract:
In the process of the writing of this article, it was established that the organizational and economic mechanism of a business security ensuring involves the use of various techniques, methods, and tools. Their combination is necessary to ensure a reliable security system and stable sustainable development of a business activity as a whole. It has been established that enterprises of different sizes, types, volumes of activity possess unequal organizational and financial capabilities. In addition, various is the level of risk under which business entities are engaged. However, the conclusion is definite that the implementation of the organizational and economic mechanism for the enterprise security ensuring is vital in financial and economic aspects and can be organized in different business areas in different ways. It is proved that the security mechanism action from the point of view of financial and economic aspect implies enterprise adaptation to innovations under the following conditions: the innovations are to be maximally ready for implementation; the motivation to implement them is the need to protect the enterprise interests; the probability of obtaining a positive result in the implementation of innovations should be high. It has been established that significant factors in the process of increasing the level of a business security are the financial and economic measures, which aim to cover losses and to eliminate the causes of their occurrence, to recover (preserve) the liquidity and solvency, to reduce the amount of debt, to improve the working capital structure, etc. It is proved that further research in the field of planning and implementation of tactical measures for ensuring the financial and economic security of business is needed. It is aimed at the assessment and analysis of the level of a business security and its dynamics, which will allow to determine the effectiveness of the implemented measures; an assessment of the efficiency of utilization of the enterprise financial potential, which is the main basis for the implementation of measures to ensure the organizational and economic mechanism of a business security. Since the implementation of organizational and economic tools into the security field often requires the allocation of significant financial resources and opportunities (financial potential), the substantiation of scientific recommendations for assessing cost-effectiveness become significant. It was found that the organizational and economic mechanism of a business security ensuring would effectively use corporate resources, create preconditions for achieving business targets, timely identify and optimize all possible hazards, threats, and risks of the enterprise activity in the conditions of acute competition and changing environment. It is recommended to propose the following measures to enhance business security: development and implementation of security system (structure) in business processes of the enterprise activity; improvement and optimization of the existing enterprise security service; business security outsourcing services; services of the enterprise personnel security; provision of services to provide economic and internal security of the enterprise; providing necessary data and information for the business functioning security insurances; checking (auditing) of existing security services of enterprises for their effective work and reliability; services for the enterprise security employees training (advanced training); personnel selection of professionally trained staff for the enterprise security service.
8
Cherchyk, A. O. "FACTORS AFFECTING ECOLOGICAL AND ECONOMIC SECURITY ENTERPRISE." Economic innovations 19, no. 1(63) (April 24, 2017): 275–80. http://dx.doi.org/10.31520/ei.2017.19.1(63).275-280.
Full textAbstract:
he article describes scientific approaches to the definition and classification of economic and environmental security factors, their division into internal and external ones is considered and generalized. The list of internal factors of the company�s EES according to the functional approach is detailed. The approach of grouping factors based on the author�s definition of the essence of the EES is proposed, namely: factors ensuring the state of protection of vital interests of the enterprise from possible threats; factors of ensuring resistance to negative influences; factors that determine the ability of the enterprise to stable development, the realization of the set goals, achieve the desired results without causing harm to the environment. If EES considers the security of an enterprise as a condition of protecting vital interests of the enterprise from possible threats, then the main ones will be those that shape the company�s ability to quickly eliminate various threats or adapt to existing conditions that may adversely affect its performance. If EES considers the security of an enterprise as being resistant to negative influences, then the main factors that determine the ability of an enterprise to realize goals, while maintaining internal structural integrity and identity. The main single factors of the EES on the main types of stability: environmental sustainability of the enterprise: nonexhaustion of forest use, the rate of natural and artificial reforestation, the volume of logging, the structure of forests in terms of rock composition and rigidity, rational use of forest resources, forest protection activities; economic stability of the enterprise: financial stability; profitability; production efficiency, level of use of production potential. If EES is considered to be the security of the enterprise as an ability for stable development, realization of the set goals, achievement of desirable results without causing harm to the environment, then the above mentioned factors of the efficiency of the enterprise management system become actualized. However, one should emphasize the following: the competence of the company's management, its ability to strategic thinking, the professionalism of personnel in making managerial decisions, the possession of modern management technologies; the effectiveness of the organizational structure; the presence of a modern environmentally-oriented corporate culture.
9
Tkachenko, Volodymyr, Iryna Tkachenko, and Polina Puzyrova. "Fundamentals of financial and economic security management of Ukrainian enterprises." Research Papers in Economics and Finance 4, no. 2 (2020): 41–51. http://dx.doi.org/10.18559/ref.2020.2.4.
Full textAbstract:
The financial and economic security of an enterprise is a complex system that includes a certain set of internal characteri-stics aimed to ensure the efficiency of corporate resources use in each direction of activity. The basis of the development of a complex system of financial and economic security of an enterprise should be a defined concept. Each enterprise is a system that includes different, interconnected components, which in order to ensure proper degree of protection against possible negative impacts should be considered comprehensively. The content and structure of the financial and economic security system depend on the specifics and nature of the activity of the enterprise, its potential, the markets that it ope-rates, as well as its management. The financial and economic security system of an enterprise must be comprehensive and independent from similar systems of economic entities.
10
Vivchar, Oksana, and Oksana Redkva. "Analysis of indicators impact on economic security of enterprises in the context of socio-humanitarian components." Economics, ecology, socium 2, no. 3 (November 14, 2018): 65–74. http://dx.doi.org/10.31520/2616-7107/2018.2.3-7.
Full textAbstract:
Introduction. The level of economic security of enterprises is characterized by many indicators. The assessment of the state of economic security of enterprises is carried out through a system of criteria and indicators. The criterion of enterprises economic security is a measure of the state of the entity in terms of compliance with the established indicators of its activity with pre-established indicators reflecting the essence of economic security. Therefore, the problem of analyzing indicators of enterprises economic security and developing measures to improve their economic component in the context of the socio-humanitarian component.
Aim and tasks. Justification of the need to develop measures to improve the assessment of economic security of enterprises based on the impact of indicators in the context of the socio-humanitarian component. On the basis of this goal, the question arises of solving such problems as: the possibility of developing a unified conceptual approach and tools for assessing the impact of indicators on the organization's economic security; developing measures to improve the economic component of enterprises in the context of the socio-humanitarian component.
Results. For the analysis of the economic security state, indicators were chosen that characterize economic security in different spheres of enterprise activity according to the recommendations. For each indicator a matrix of values with the enterprises and indicators of values by years was formed. The analysis uses a multidimensional logit model, a case of binary selection. The model does not take into account group effects, that is, there is no analysis of fixed effects. In order to avoid cross-effects, when not only the variable itself influences the likelihood of a crisis, but the public crisis begins to affect the behavior of the variable, two groups of models are built: for the first group of regressions from the sample, all observations after the first year of crises are excluded; for the second group of regressions all data were used except for the crisis years after the first year of the crisis.
Conclusions. Based on the analysis of the investigated indicators and the determination of t the parameters of enterprises economic security in addition to economic methods, administrative and socio-psychological means can be used. They include methods of influencing individual workers, groups of employees or the collective as a whole to form a corporate culture that will help achieve the goals of this enterprise, will reduce the impact of socio-humanitarian factors of economic security on the enterprise. These methods include: training staff rules of safe behavior; work with managers, whose behavior serves as a reference for the company's staff; development of a program of work with new employees and its implementation; formation and adjustment of traditions of the enterprise; regulation of interpersonal and intergroup relations; moral encouragement; social planning; other methods. Quick methods for certain enterprises were also proposed to improve the economic component of their operation.
11
Volosnikova, N. M. "Features of a System Approach to the Strategy of the Corporate Security System of Industrial Enterprise." Business Inform 6, no. 521 (2021): 276–82. http://dx.doi.org/10.32983/2222-4459-2021-6-276-282.
Full textAbstract:
The article is aimed at examining the peculiarity of a system approach to the strategy of the corporate security system of an industrial enterprise as a significant factor directed towards increasing the economic efficiency of the general system. The peculiarity of the system approach to the strategy of corporate security system is examined and the main stages of its (approach) development are disclosed. It is noted that a system approach can be called the approach, in the presence of which management decisions directed towards the competitive direction of strategic development of corporate security are considered in the form of an interrelated and interdependent holistic complex. The goals of the corporate security strategy of the industrial enterprise, which should be subordinated to the general strategy of economic development, and the implementation of the management strategy for the formation of general corporate security, carried out through decision-making, are substantiated. It is concluded that the mechanism of management of the corporate security system must be realized as an integral organizational and economic system, which is an integral part in the overall structure of the mechanism of an industrial enterprise. The main tasks and components of the general corporate security strategy model are identified. In addition, it is noted that the mechanism should be understood as a sequence of measures that are caused by a set of interdependent elements of economic, logistical, personnel, legal, resource, transactional, informational, technological security that form the state and content of processes in accordance with the defined corporate security strategy.
12
Levkovets, N. P. "Integrated assessment of corporate security of a motor transport enterprise." Izvestiya MGTU MAMI 7, no. 4-1 (February 20, 2013): 306–12. http://dx.doi.org/10.17816/2074-0530-68310.
Full textAbstract:
The article reveals the essence of company’s security. There is developed a comprehensive methodology for assessing the economic security of a motor transport enterprise taking into account the major functional components of safety and recommendations on increasing the level of economic safety of the motor company and calculations are also made.
13
Oksana, KONDRATIUK, and STOIANENKO Iryna. "ECONOMIC RISKS OF THE ENTERPRISE: POST-COVID TRANSFORMATION." Herald of Kyiv National University of Trade and Economics 138, no. 4 (September 10, 2021): 4–18. http://dx.doi.org/10.31617/visnik.knute.2021(138)01.
Full textAbstract:
Background.Development of the economy in the context of globalization, on the one hand, promotes new opportunities for the production of new goods and services, and on the other hand, increases existing threats and causes new ones, so it has a negative impact on economic security. Most threats to the economic security of an enterprise cannot be predicted, and unpredictedthreatsare risks. The current situation requires companies to improve and optimize continuouslythe process of risk management and policy making. The aim of the paper is justification of the need for risk management policy as acomponent of the economic security of an enterprise. Materials and methods. Current regulations of Ukraine, publications of domestic and foreign scientists on the research topic, statistical materials and Internet sourcesare the information base of the research. Methods of generalization, analysis and synthesis, comparison, scientific abstraction and systematization were used to achieve the main aim of the paper. Results. The COVID-19 pandemichas had impact on the enterprisesactivities. The risk structure can be determined bysuchareas asstaff, processes,profit, profitability and partnerships.Risk management allows the company to ensure necessary development, increase competitiveness and economic security. An important component of the deve-lopment of risk management in the enterprise is the development of appropriate policies that allow to form an adequate understanding of the processes of each participant in the system, ensure strict compliance with established rules and compliance with mandatory procedures in risk management.At present, risk management is becoming a way to survive in a difficult economic situation, which will allow the company to ensure necessary development, increase competitiveness and economic security. An important component ofrisk managementdevelopment of the enterprise ismaking of appropriate policies that allow to form an adequate understanding of the processes of each participant in the system, ensure strict compliance with established rules and compliance with compulsory procedures in risk management. Conclusion. Risk management process should become an integral part of corporate culturefor any company. Developed and implemented risk management policy should ensure full responsibility of its employees for understanding, assessing, established risk appetite and applying appropriate methods to reduce negative impact of risks on current and future business activities and economic security of the enterprise. Or any company, the risk management process should become an integral part of corporate culture, and the developed and implemented risk management policy should ensure full responsibility of all its employees for understanding, assessing, established risk appetite and applying appropriate methods to reduce the negative impact of risks on current and future business activities and economic security of the enterprise. Keywords: risk, uncertainty, enterprise, entrepreneurial risk, risk management, economic security, risk management policy.
14
Budnyk, L., I. Blazhei, and O. Ronska. "Internal audit in the enterprise economic security management: important aspects." Galic'kij ekonomičnij visnik 71, no. 4 (2021): 77–84. http://dx.doi.org/10.33108/galicianvisnyk_tntu2021.04.077.
Full textAbstract:
Effective management of the enterprise financial and economic activities is based primarily on the application of a set of relevant and reliable data concerning its financial status, provided by internal audit procedures. The factors arising interest in internal audit, such as: streamlining business processes; the need to obtain independent and objective information on the state of affairs; ensuring the economic security of the company are identified in this paper. In order to substantiate the tasks of internal audit for ensuring the economic security of the enterprise, the main sources of threats and objects of protection investigated in the process of internal audit are defined. It is substantiated that one of the important tendencies in the development of internal audit is the increase of its level from the tester of control procedures to the analyst of the most important risks. The functions of internal audit in ensuring the security of the company are analyzed. They include: assessment of the economic security system as a whole and providing information to the board of directors and senior management; participation in the implementation of the enterprise security process procedures. A new and important direction for internal audit development – audit of corporate culture is defined. The main tasks of internal audit in this area are to assess how effective measures are provided in the company for the purposeful formation of corporate culture; how the existing level of corporate culture is assessed. Recommendations for the organization of internal audit are given, the following three main approaches are highlighted: creation of own internal audit service; use of services of outsourcing companies; co-sourcing – the division of functions for internal audit in the company between its own service and the involvement of external experts in solving certain tasks. It is proved that the need to introduce internal audit meets the requirements of economic security of the enterprise, information and management needs of economic entities, the specific facts of the internal audit. It is substantiated that internal audit is an integral part of quality control of enterprise management processes and a component of general audit, organized in the interests of owners and regulated by regulations on compliance with the established order of economic activity, property protection and economic security.
15
Budnyk, L., I. Blazhei, and O. Ronska. "Internal audit in the enterprise economic security management: important aspects." Galic'kij ekonomičnij visnik 71, no. 4 (2021): 77–84. http://dx.doi.org/10.33108/galicianvisnyk_tntu2021.04.077.
Full textAbstract:
Effective management of the enterprise financial and economic activities is based primarily on the application of a set of relevant and reliable data concerning its financial status, provided by internal audit procedures. The factors arising interest in internal audit, such as: streamlining business processes; the need to obtain independent and objective information on the state of affairs; ensuring the economic security of the company are identified in this paper. In order to substantiate the tasks of internal audit for ensuring the economic security of the enterprise, the main sources of threats and objects of protection investigated in the process of internal audit are defined. It is substantiated that one of the important tendencies in the development of internal audit is the increase of its level from the tester of control procedures to the analyst of the most important risks. The functions of internal audit in ensuring the security of the company are analyzed. They include: assessment of the economic security system as a whole and providing information to the board of directors and senior management; participation in the implementation of the enterprise security process procedures. A new and important direction for internal audit development – audit of corporate culture is defined. The main tasks of internal audit in this area are to assess how effective measures are provided in the company for the purposeful formation of corporate culture; how the existing level of corporate culture is assessed. Recommendations for the organization of internal audit are given, the following three main approaches are highlighted: creation of own internal audit service; use of services of outsourcing companies; co-sourcing – the division of functions for internal audit in the company between its own service and the involvement of external experts in solving certain tasks. It is proved that the need to introduce internal audit meets the requirements of economic security of the enterprise, information and management needs of economic entities, the specific facts of the internal audit. It is substantiated that internal audit is an integral part of quality control of enterprise management processes and a component of general audit, organized in the interests of owners and regulated by regulations on compliance with the established order of economic activity, property protection and economic security.
16
Sosnovska, Olga, and Maksym Zhytar. "FINANCIAL ARCHITECTURE AS THE BASE OF THE FINANCIAL SAFETY OF THE ENTERPRISE." Baltic Journal of Economic Studies 4, no. 4 (September 2018): 334–40. http://dx.doi.org/10.30525/2256-0742/2018-4-4-334-340.
Full textAbstract:
In today’s economic realities, achieving the necessary level of financial security of enterprises is a prerequisite for ensuring their sustainable operation and the formation of competitive development parameters in the internal and external market environment. The effectiveness of this process depends on building a high-quality financial architecture as the basic structural element of the company’s financial security system. In this regard, the subject of the study is an analysis of existing theoretical approaches to the definition of financial architecture and its relationship with the financial security of the enterprise. The methodological basis of the research is the scientific development of domestic and foreign scientists, the fundamental theoretical positions of economic science in the field of financial architecture formation, financial risk management, and financial security of the enterprise. The purpose of the article is to study the essence of financial architecture in order to substantiate its determining influence on the financial security of the enterprise and ensure its sustainable functioning in an unstable development of economic processes. The article analyses the theoretical aspects of financial architecture and finds that the interpretation of this economic category is due to the existence of clear causal relationships between its constituent elements and their impact on the financial support. Proceeding from this, the definition of financial architecture is drawn as a set of interconnected structural elements such as capital structure, ownership structure and quality of corporate governance, which accumulate and mobilize financial resources, increase control over the activity of the enterprise, solve conflicts of interest between owners and other stakeholders. It is determined that the choice of principles and methods for constructing financial architecture depends on such financial interests of economic entities as forming a flexible financial potential, optimizing the structure of capital, increasing investment attractiveness, maximizing profits, and increasing the market value of the enterprise. It is proved that the result of building a flexible financial architecture is to provide the appropriate level of financial security of an enterprise by identifying, quantifying, neutralizing, minimizing, and monitoring its financial risks. It is proposed to systematize indicators of financial security level assessment on the most typical of its functional components, among which investment, credit, emission, innovation, and currency can be distinguished. It has been established that ensuring the appropriate level of financial security will contribute to achieving financial sustainability, forming qualitative financial potential, providing competitive advantages, harmonizing interests of economic entities, and creating an effective system of economic security of the enterprise. It is concluded that the construction of high-quality financial architecture is the basis of financial security of an enterprise, the level of which depends on the proper management of financial risks and ensuring an adequate level of safety of all its functional components. As a criterion for the effectiveness of the process of ensuring the financial security of the company, sustainable development of the enterprise was determined in the conditions of an unstable economic environment.
17
Cherednichenko, L. G., R. V. Gubarev, E. I. Dzyuba, Yu V. Tyulenev, and F. S. Fayzullin. "“Russian-Cost” as a “New” russian Method of Corporate Cost Accounting and Management." Accounting. Analysis. Auditing 6, no. 2 (April 11, 2019): 26–46. http://dx.doi.org/10.26794/2408-9303-2019-6-2-26-46.
Full textAbstract:
Currently a number of Russian companies suffer the oppression of sectoral sanctions, and therefore the issue of ensuring economic security, especially of industrial enterprises, which play a key role in the national security of Russia, is of particular relevance. In the authors’ opinion, such security can be ensured by means of effective corporate cost accounting and management on the basis of reasonable local managerial ideology and modern information technologies. The article discusses the fundamental principles of the authors’ “Russian-cost” managerial ideology and the corporate cost accounting and management method carrying the same name. The ability of the enterprise to allocate expenses by the divisions participating in production is an indispensable condition of applying this method. The starting point of ideology is that no enterprise can have divisions without their own economically justified significance. As a result, within the enterprise, a closed circle of income and expenses is formed, which “pushes out” expenses and encourages divisions to increase income. Within this circle expenses can be “exchanged” for a salary and other incentives, resulting into the effect of “self-outsourcing”. In the long run, the company’s management has an opportunity to take effective managerial decisions based on the objective evaluation of each division’s “contribution” to financial results of the enterprise performance. “Russian-cost” is, first of all, an information and management shell, within which entrepreneurial plans and specified (for example, by the owner) parameters of the enterprise functioning can be implemented, i.e., it is a tool, ideology which inter alia can be used as a basis to build an automated management system.
18
Bahlei, Rostyslav. "FORMATION AND ENSURING ECONOMIC SECURITY OF CORPORATE STRUCTURES IN AN UNSTABLE ENVIRONMENT." INNOVATIVE ECONOMY, no. 3-4 (2021): 175–79. http://dx.doi.org/10.37332/2309-1533.2021.3-4.25.
Full textAbstract:
Purpose. The aim of the article is the consideration of theoretical and organizational aspects of forming an effective system of economic security of corporate structures. Methodology of research. A dialectical method of cognition of economic laws, a systematic approach to the study of economic phenomena, as well as a monographic, abstraction, abstract and logical methods were used to achieve this goal. The methodological basis of the study was theoretical developments of scientists in the analysis of the essence and economic content of the category “economic security”. The monographic method was used in the study of literature on economic security, system and analytical – in processing the information. Findings. The meaning of the concept “economic security of the enterprise” and “economic security of the corporation” is defined. The priority directions in ensuring security and the principles on which the system of ensuring economic security of the corporation is based are highlighted. The mechanism of formation of economic security of the corporation which is based on various approaches and indicators for prevention and levelling of their dangerous displays is offered. Originality. Approaches to the interpretation of scientific definitions of “corporation”, “economic security of the enterprise” are generalized, which allowed to define the concept of “economic security of the corporation”, to form a methodological basis for corporate security of companies; outline the priorities, goals and key objectives of ensuring the economic security of corporations while identifying external and internal threats to the security of corporate structures. Practical value. The obtained results of the study will help increase the efficiency of formation and development of economic security of corporations and will serve as a basis for further research in this area. Key words: corporation, economic security, principles, system of providing economic security.
19
Zatonatskiy, D. "Diagnostics of Insider Risks and Threats in Personnel Security Management of the Enterprise." Bulletin of Taras Shevchenko National University of Kyiv. Economics, no. 204 (2019): 20–27. http://dx.doi.org/10.17721/1728-2667.2019/204-3/3.
Full textAbstract:
For the Ukrainian enterprises it is most expedient to use the Bayesian model because it is simple in implementation, allows for the individuality of each employee’s activity and does not have ethical and legal constraints. Recommendations for introducing comprehensive and integrated personnel security systems for domestic enterprises to improve the practice of psychological diagnostics and monitoring of employee’s actions are given, in particular, improvement of systems for collecting information about employees’ behavioral indicators in the corporate environment and beyond. The necessity of using modern toolkit for diagnosing risks and threats, for instance, OCEAN and CHAMPION systems, is proved, that significantly improves personnel security management in the systems of economic safety of enterprises. It has been determined that according to the criterion of the expenditure, an effective toolkit for identifying insider risks and threats can be a model based on data on social and interactive activities of enterprise employees.
20
Volodymyr, Kotkovskyi, Vitalii Zaluzhny, Vitalii Kadala, Olena Guzenko, Maryna Bohatyrova, and Julia Leskova-Hodlevska. "Digitization as an innovative segment of enterprise financial security management." VUZF Review 5, no. 3 (September 13, 2020): 13–19. http://dx.doi.org/10.38188/2534-9228.20.3.02.
Full textAbstract:
Today, the global trend of the digital world economy is entering an active phase of its development. In the leading countries of the world, the development of digital technologies, both at the state and corporate levels, has been begun to advance massively in government programs and business strategies. The substantiation of the role aspect of introduction of the process of digitization as an innovative element of improvement of the system of financial security management of representatives of the business sector of the economy is relevant. It is to investigate the impact of the digitalization system on improving the financial security management of enterprises in the process of improving the conceptual apparatus and develop an economic and mathematical model for evaluating financial security based on innovative proposals.
To achieve this goal, we used the method of theoretical generalization to determine the conceptual apparatus of digitization and economic-statistical methods to substantiate the economic and mathematical model of assessing the financial security of enterprises. It is proposed to expand the conceptual apparatus of the system of financial security management of enterprises by introducing such definitions as «digitization of financial security», «digital base of financial storage» and «regulator of financial security». The authors’ position of the essential characteristic of the definitions is given and the advantages of their adaptation in the management cycle are stated. The feasibility of introducing the principle of «digitization of financial security» as one of the key elements of the innovative proposal of the system of financial security management of enterprises in the future is argued. An economic and mathematical model of financial security assessment based on the profitability criteria is developed and substantiated. A number of proposals have been made to improve the financial security management of enterprises based on individual segments of the digitization system.
21
Rzeszutek, Elżbieta. "Holding Groups: a Safe Corporate Structure at the Time of Recession." Foundations of Management 4, no. 2 (December 1, 2012): 109–18. http://dx.doi.org/10.2478/fman-2013-0014.
Full textAbstract:
Abstract This article makes a case for holding groups as a type of enterprise structure which guarantees capital and structural security at the time of economic and political transition in the 1990s, which in a way prepared them for the global recession in the early 21st century. The case study of PKN Orlen is presented to illustrate the typical economic developments which accompanied privatisation and commercialisation of Polish state-owned enterprises. A major part of the article addresses management mechanisms which make a holding structure immune to strong economic turbulence which would otherwise be destructive to individual daughter companies.
22
Deriy, Vasyl, and Inna Melnychuk. "Accounting, analysis and audit in management of economic security expenditures." Herald of Ternopil National Economic University, no. 1(91) (January 1, 2019): 197–208. http://dx.doi.org/10.35774/visnyk2019.01.197.
Full textAbstract:
Due to increasing globalization and competition, businesses have been forced to spend more time and money on taking measures aimed at economic security. Accounting, economic analysis, and audit play a significant role in the management of economic security expenditures since they make the management system more effective, reliable and sound. Therefore, this issue is currently of particular interest and needs to be interpreted. The purpose of the article is to examine the current state, challenges and future directions of improving accounting, economic analysis and audit in management of economic security expenditures. The methodology used for studying the issues relevant to economic security includes general and specific research methods enabling the description of economic processes, economic phenomena and facts, namely, those involving prime records, the registers of synthetic and analytical accounting, reports on economic security expenditures, carrying out analytical procedures, and auditing. The authors use monographic and graphic methods, methods of grouping and comparison of indicators, analysis of the dynamics and structure of expenditures, factor analysis, modelling and budgeting expenses on economic safety of enterprises, planning measures for the significant improvement of accounting, economic analysis and audit in enterprises. The authors claim that the term ‘accounting’ will exist until significant changes affect the objectives and contents of accounting. Although the Ukrainian word ‘бухгалтерський (book-keeping)’ is derived from the German word ‘Buch’ that means ‘book’, it is still in use today. In the era of technological development, outdated paper books (accounting information carriers) are being replaced by electronic books which have become widespread. The article offers to improve accounting policies and procedures relevant to measures aimed at economic security by separating information on synthetic account 92 “Administrative expenses” into nine sub-accounts: 921 “General corporate expenses”; 922 “Expenses on business trips and maintenance of management”; 923 “Expenses on non-current tangible assets for general economic purposes”; 924 “Remuneration for advisory, information, audit and other services”; 925 “Communication and Internet costs”; 926 “Litigation settlement costs”; 927 “Taxes, fees (obligatory payments, licenses)”; 928 “Payment for services provided by commercial banks”; 929 “General-purpose expenses”. The following analytical accounts of the second, lower order should be opened to analytical account 9291 “Expenses on the economic safety of the enterprise”: 92911 “Costs of internal security service”; 92912 “Costs of data and commercial secrets protection”; 92913 “Costs of receiving, storing and transmitting technical and economic information”; 92914 “Costs of recruiting staff specialized in economic security”. The authors believe that in order to cover expenses on maintaining economic security it is advisable to reserve sources of funds on synthetic account 47 “Provision of future costs and payments” by using sub-account 471 “Provision of other costs and payments” and analytical accounts to it: 4711 “Technical facilities for economic security”; 4712 “Use, maintenance and repair of facilities for maintaining economic security”; 4713 “Personnel support for economic security”. An audit of economic security expenditures is proposed to be carried out in relation to budgets for such expenditures, articles and elements, effectiveness and duration of economic security expenditures, etc. It is also necessary to analyze whether the dynamics and structure of costs are proportional to the budget for economic security of the enterprise. Furthermore, it is important to identify the main positive and negative factors that significantly affect such expenditures. Identifying factors like these allows experts to take certain measures that will partially or completely eliminate negative effects on economic security expenditures of the enterprise. Further research projects in accounting, economic analysis, audit, and analytical support for managing economic security expenditures of the enterprise should be based on the current national and foreign methodology and organization of accounting, economic analysis, and audit, analytical support of the operating activity of large and medium enterprises. Further studies should widely apply methods of operational and strategic planning, modelling cost-management systems, etc.
23
Khalin, Stanislav. "Objectives of management influence in the system of enterprise personnel management security." Actual problems of innovative economy, no. 3 (May 30, 2019): 88–93. http://dx.doi.org/10.36887/2524-0455-2019-3-13.
Full textAbstract:
Introduction. The overall volatility of external environment requires an adequate level of economic security for the enterprise. Given the involvement of staff in all business processes, personnel security should be considered one of the most important elements of the enterprise security system as a whole. The purpose of the study is to identify the objects of managerial influence in the system of enterprise personnel man-agement security. Results. The scheme of formation and implementation of personnel security system at the enterprise is developed. The first stage is awareness of the problem of personnel security measures lack. The second step is defining the goals, objec-tives, overall vision and timing of implementation. Initial in the formation of the personnel security system is its strategy as a set of priority goals and management approaches, the implementation of which ensures the protection of the enterprise from any threats related to the functioning of personnel activities. This strategy is part of the company corporate strategy and should be taken into account when formulating a personnel management strategy. In the third stage, the personnel po-tential of the enterprise is assessed, the risks and threats are diagnosed by the personnel. The personnel are acquainted with the goals and objectives of the project, the organizational structure is optimized, and the main difficulties of implementation are taken into account at the stage of the personnel security system implementation. The level of personnel security is as-sessed, which results in the adjustment of parameters and characteristics in the sixth stage. The final stage is the develop-ment and implementation of priority measures to support and strengthen personnel security in the enterprise in case of its unstable situation. At the same stage, the goals and priorities of the enterprise in the personnel management system are de-termined, which reduce the personnel security at the operational, tactical and strategic levels in terms of planning and hiring policy, development and motivation. Conclusions. The process of formation and implementation of personnel security system at the enterprise is devel-oped. Priorities in the enterprise policy on personnel motivation for ensuring personnel security are suggested. Keywords: personnel safety, enterprise staff, personnel safety system, motivation of personnel, personnel develop-ment, priorities, goals.
24
Gorodianska, L. V., and L. V. Tsiukalo. "INFORMATION SECURITY OF SMALL BUSINESSES IN THE CONTEXT OF DIGITALIZATION." Collection of scientific works of the Military Institute of Kyiv National Taras Shevchenko University, no. 70 (2021): 105–14. http://dx.doi.org/10.17721/2519-481x/2021/70-11.
Full textAbstract:
The article defines and analyzes the characteristic features of modern society digitalization, in particular the digital economy. It is noted that progress in the digital technology environment requires the application of information security measures, primarily in the financial and economic activities of small businesses. The interpretation of the definitions «information security» and «economic security» has been clarified. Attention is drawn to a conscious understanding of the interaction between people and technology during the digital transformation of the economy in such a way that the latest technologies must adapt to people, and not vice versa. It is emphasized that such an understanding can come only in the process of training and acquiring appropriate professional competencies, especially among small businesses. The types of small businesses information that are subject to protection and components of economic security are determined. Proposals have been formed for the creation of a comprehensive security program, which should include an action plan aimed at protecting the functioning of the enterprise's information system from external and internal influences, and a set of measures designed to protect the confidentiality, availability, and integrity of data from internal and external, malicious and accidental threats. Information security of small businesses in the context of digitalization should be based on the following positions: the management of the enterprise should regularly train all employees in the principles of Information Security, data protection and protect physical data carriers from cyber attacks; the corporate network should be segmented, and access to it – controlled; partnership with service providers from the point of view of information security should be equivalent; remote access to the corporate network of the enterprise, which is now becoming more widespread, should be as secure as possible and comply with information security standards. A promising area of further research is the development of a set of measures at the state level, which includes streamlining the simplified tax system, promoting the development of innovative entrepreneurship, cluster organization of small businesses, the formation of a modern information infrastructure to support entrepreneurship, the formation of a favorable business climate.
25
FATIEIEVA, Anastasiia. "Information systems in the enterprise's management." Economics. Finances. Law, no. 6/1 (June 26, 2020): 11–15. http://dx.doi.org/10.37634/efp.2020.6(1).2.
Full textAbstract:
The article examines the features of the use of modern information systems and technologies in the activities of enterprises in order to increase the efficiency of management decisions. Based on a study of modern corporate practices in the global financial market, it is proved that corporate information systems for the management of medium and large enterprises is a necessary tool to minimize costs and increase profitability. The purpose of the article is to research the features of modern information systems and technologies using in activity of the enterprises for the purpose of increase of efficiency of administrative decisions. Information system as a set of organizational and technical means for storing and processing information in order to meet the information needs of users, which provides the collection, retrieval, processing and transmission of information. To solve the existing problems of corporate information systems development, an algorithm of actions to increase the level of informatization and efficiency of corporations, which will address current issues of corporate information systems, taking into account domestic legislation and features of corporate governance, increase efficiency and transparency of business processes and provide centralized support for management decisions. at all levels and in all areas of business companies. It is emphasized that one of the main properties of information systems is divisibility into subsystems, which has scales in terms of its development and operation. The stages of creation and functioning (life cycle) of information are specified. It is proved that the use of information systems is a prerequisite for a modern enterprise, that will promote the adoption of sound strategic management decisions aimed at increasing competition (capacity and strengthening the economic security of the enterprise. An effective area for improvement management of the enterprise is implemented modern information systems and technologic, which makes it possible to increase the speed,quality and reliability of collection, storage and information processing; significantly reduce management line staff of the enterprise, which there is preparation of information for the form management decisions; print in the right time management and administration line staff of the enterprise of high-quality other formation; timely and efficient analysis and forecasting of economic activity under receptions; make decisions quickly and efficiently at all levels of enterprise management.
26
Krokhicheva, Galina, Iulia Mezentseva, and Tian Yu. "Corporate fraud as a threat to the company’s economic security." SHS Web of Conferences 110 (2021): 04011. http://dx.doi.org/10.1051/shsconf/202111004011.
Full textAbstract:
The article is devoted to the study of the organizational and methodological foundations of ensuring economic security through the mechanism of preventing corporate fraud. The influence of “white-collar” crime at the micro level on the overall economic state of the state is considered. The theoretical aspects of corporate fraud are investigated and generalized. The analysis of existing methods and techniques to assess the risk of their occurrence in a particular enterprise is carried out. The emphasis is placed on the assessment of the external operating environment, considered as a source of potential threats to the company’s security, as well as on the study of the risk of corporate fraud in relation to a particular business entity. The authors propose mechanisms to protect the economic interests of the organization from various threats from the staff, which are essential for maintaining the level of its economic security. The findings on the relationship between corporate fraud and micro-level economic security are not conclusive. This indicates the need for further scientific work on the problem, which will logically continue the problems raised in the article.
27
Boyar-Sozonovitch, Andrey S., Alexey Yu Buikin, and Kirill V. Pitelinskiy. "Features of enterprise risk management associated with operational risks." Revista Amazonia Investiga 10, no. 46 (October 25, 2021): 9–19. http://dx.doi.org/10.34069/ai/2021.46.10.1.
Full textAbstract:
Purpose of the work: within the framework of the concept of corporate risk management Enterprise Risk Management (ERM) to study the basic types of risks, assess their role in the modern economy, analyze external and internal operational risks and propose approaches to their quantitative assessment. As a research methodology, it is proposed to use the developed tools of mathematical and numerical modeling, which allows one to obtain, in the key of interest to the decision maker, qualitative and quantitative characteristics of the dynamics of business processes. The operational and economic risks (as very often occurring in the activities of subjects of economic relations) and directly affecting their economic and information security are considered in sufficient detail. It is noted that the risks associated with disruption of business continuity (which enterprises face in their activities) can be included in various classification systems of risks, grouped according to various criteria. The need to identify the mismatch between the design and actual metrics of the organizational structure (establishment of its structure and operating schemes based on the needs of the enterprise/organization) is indicated for solving the optimization problem.
28
Olha, SONIUK. "CONCEPTUAL AND CATEGORICAL APPARATUS OF SECURITY SCIENCE." Foreign trade: economics, finance, law 117, no. 4 (September 10, 2021): 85–95. http://dx.doi.org/10.31617/zt.knute.2021(117)08.
Full textAbstract:
Background. Security research in the field of entrepreneurial activity requires the coordination of legal, economic, managerial conceptual and categorical apparatus, necessitates the systematization of scientists’ approaches to the interpretation of basic concepts, in order to ensure effective protection. The aim of the article is to present the definition of «object of legal security of business», improving the conceptual and categorical apparatus of the science of security, the formation of theoretical foundations for business security. Materials and methods. The information base is the legislation of Ukraine, scientific research, conceptual apparatus of security science. The methodology is based on the use of general scientific and special methods. Results. We propose to distinguish the concept of «object of business security», «object of legal security of business», «subject of business security». The object of security of entrepreneurial activity, as a material category, is the enterprise itself in its various manifestations, aspects of activity. The object of business security is a set of protected legitimate interests of the enterprise (economic, informational, corporate), which are encroached upon. The classification of objects of legal security of business activity is given. Conclusion. Supporting the general position of scientists of the system approach, in this study the material (regulatory, declarative, abstract, ideal) and procedural (activity, procedural) concepts of security science are distinguished. In fact, we consider security as a material abstract phenomenon – an idealized state of security. We consider security from a procedural point of view – as an activity to achieve a state of security. Keywords: security of entrepreneurial activity, legal organization of security of entrepreneurial activity.
29
Shyra, T. "FORMATION AND DEVELOPMENT OF INTERNAL ECONOMIC CONTROL IN THE CORPORATE SECURITY SYSTEM OF THE ENTERPRISE." Agrosvit, no. 2 (January 31, 2020): 84. http://dx.doi.org/10.32702/2306-6792.2020.2.84.
Full text
30
Герасименко, Олена Михайлівна, and Наталія Володимирівна Зачосова. "ОЦІНКА РІВНЯ ЗРІЛОСТІ УПРАВЛІННЯ РИЗИКАМИ В ПРОЦЕСІ ЗАБЕЗПЕЧЕННЯ ЕКОНОМІЧНОЇ БЕЗПЕКИ ПІДПРИЄМСТВА: АНАЛІТИЧНЕ ДОСЛІДЖЕННЯ." Bulletin of the Kyiv National University of Technologies and Design. Series: Economic sciences 135, no. 3 (August 19, 2019): 66–81. http://dx.doi.org/10.30857/2413-0117.2019.3.7.
Full textAbstract:
The article seeks to explore and evaluate the level of risk management maturity in Ukrainian enterprises in the process of ensuring their economic security. The study presents the results of an analytical survey on risk management practices to ensure enterprise economic security. To achieve the research objectives, the following methods have been employed: to obtain data for the analytical research, the method of questionnaire-based expert evaluation on the Google Forms platform; the method of comparison, the graphical method – to evaluate previously received analytical data on the risk management maturity level. The findings revealed that the implementation of a risk-based approach is perceived as a tool to increase the company value and achieve strategic goals. The survey results showed the distribution of expert opinions, indicating the willingness of Ukrainian companies to implement risk-oriented management approaches to ensure their economic security. It is demonstrated that the major objective of the risk-oriented approach is to ensure the effective and lawful business operation in the long run which may come into a conflict with the operational management priority, i. e. short term profit maximization. The analytical survey argues that a risk-oriented approach challenges the use of impartial methods to risk identification, taking risk management actions, and the search for an optimal solution between profit raising here and now, and the long-term sustainable development and protection of shareholders’ interests. The study on the latest tools for assessing the level of economic security using a risk-oriented approach is a critical instrument in enhancing corporate management practices at different management levels, providing further nation-wide implications on stabilization of domestic business performance to improve the overall national security indicators in the international economic and political arenas.
31
Zatonatskiy, D., V. Marhasova, and N. Korogod. "INSIDER THREAT MANAGEMENT AS AN ELEMENT OF THE CORPORATE ECONOMIC SECURITY." Financial and credit activity: problems of theory and practice 1, no. 36 (February 17, 2021): 149–58. http://dx.doi.org/10.18371/fcaptp.v1i36.227690.
Full textAbstract:
This paper considers the insider threats in the companies from different sectors and various methods of their assessment. The problem of information leakage is becoming increasingly important for companies in all areas of economic activity. The problem of insider threats is becoming increasingly important, as the company may incur losses not only due to the leakage of information about its inventions, but also through lawsuits in case of theft of personal information of the customers, contractors and more. This means that in order to gain access to the international markets, Ukrainian companies must have an appropriate level of protection not only of the company’s confidential information, but also of the data on customers, contractors, etc. The objective of the article is to analyze the existing methodological approaches to the assessment of insider threats in the enterprise as a component of personnel and economic security. We came to the conclusion that different industries have different vulnerabilities to insider threats and different approaches to insider threat management. It was determined that information leaks are a serious threat to the company’s economic and personnel security. It was discovered that firms have achieved significant improvements and developed effective procedures for counteracting external threats, however, protection against insider attacks remains rather low. In the course of the research, the concept of an insider attacker was defined, the types of insider threats were established, and the main actions of the personnel prior to the insider attack were outlined. It was proved that the degree of insider threat is determined by the type of activity of the company and the liquidity of information that may be leaked. Most leaks are observed in high-tech companies and medical institutions, while the most liquid is the information of banks, financial institutions, industrial and commercial companies.
32
MATVIIENKO-BILIAIEVA, Halyna. "Economic security of modern business in the conditions of digitalization." Economics. Finances. Law 4, no. - (April 29, 2022): 24–30. http://dx.doi.org/10.37634/efp.2022.4.5.
Full textAbstract:
In the conditions of formation of market mechanisms in the national economy, development of modern business, the system of ensuring economic security becomes very important, because it provides guidelines for making basic socio-economic decisions. The main condition for increasing the efficiency and sustainability of industrial enterprises in transformational conditions is to improve the system of economic security, taking into account a number of factors. Among all the components that directly or indirectly affect the formation of the system of economic security in business, special attention requires digitalization of business. The importance of digitalization of business covers micro and macroeconomic levels of economic relations. It is impossible to guarantee a high level of economic security without taking into account the tools of business digitalization. Deliberate or careless disclosure of commercial information, damage to business reputation - all these factors negatively affect the effectiveness and profitability of economic entities. In recent decades, the concept of "economic security" has become relevant. Scientists, politicians and public figures are paying more and more attention to security issues. The peculiarities of the development of modern society have a significant impact: the processes of internationalization and globalization of national economies. The intensification of these processes has led to the formation of a qualitatively new economic environment, significant dynamism of economic interstate relations, qualitative and quantitative variability of economic space parameters, continuous emergence of local and global crises, hierarchy and multi-vector influences, threats, general ineffectiveness of socio-economic changes. In today's market conditions, where the conditions of competition are becoming tougher, it is impossible to operate business structures without creating a clear system of interaction with the environment and optimizing their activities to meet consumer needs and maximize corporate profits and use the latest technologies and innovations. For Ukrainian organizations, enterprise management as a system, in the complex conditions of modern business, is especially important because the changing situation in the country, the gradual development of a new economic order makes more and more entrepreneurs aware of the need for modern innovation. In this regard, the problem of ensuring the economic security of modern business becomes particularly relevant and timely research.
33
Larysa, NESKORODZHENA. "LEGAL REGULATION OF THE PARTICIPATION OF FOREIGNERS IN THE SUPERVISORY BOARDS OF STATE ENTERPRISES." Foreign trade: economics, finance, law 112, no. 5 (October 19, 2020): 57–70. http://dx.doi.org/10.31617/zt.knute.2020(112)06.
Full textAbstract:
Background. The draft law on the requirements for independent members of the supervisory boards of state-owned enterprises submitted by the People's Deputy of Ukraine makes it impossible for foreigners to participate in the supervisory boards of a state-owned enterprise. The main requirements in the bill are citizenship, age, period of residence in Ukraine and knowledge of the state language, but there are no professional requirements. In this regard, it is worth conducting a study on the participation of foreigners in the supervisory boards of state-owned enterprises. An analysis of recent research and publications has shown that, despite the existence of scientific achievements, an important scientific and practical problem of participation of foreigners in the supervisory boards of state-owned enterprises has not yet been fully explored. The purpose of the article – is the participation of foreigners in the supervisory board of state enterprises. Materials and methods. In the course of the research general and special methods of cognition of legal phenomena and processes were used: dialectical, system approach, formal-logical, generalization, comparative jurisprudence. The information base of the article is the constitutional, corporate and economic legislation of Ukraine, the decision of the Constitutional Court of Ukraine, the works of domestic scientists. Results. A study of current legislation, the practice of the Constitutional Court of Ukraine, scientific work on the participation of foreigners in the supervisory boards of state enterprises. According to the results of the study, the participation of foreigners in the supervisory boards of state enterprises is due to the need to disseminate the experience of effective corporate governance. Secondly, Ukrainian legislation does not prohibit the participation of foreigners in the supervisory boards of state enterprises. Thirdly, the participation of foreigners in the supervisory boards of state-owned enterprises does not pose a threat to Ukraine's national danger, as under certain conditions foreigners may even be admitted to state secrets. But information about the activities of a state-owned enterprise is not a state secret. Conclusion. The state is a guarantor of equal protection of all economic entities, regardless of ownership. All subjects of property rights are equal before the law in exercising their rights and obligations. In this regard, foreigners have the same rights and obligations as citizens of Ukraine. The appointment of foreigners to the supervisory board of a state unitary enterprise is not a threat to the national security of Ukraine. Information on the activities of such a state-owned enterprise is not information with limited access, on the contrary, state-owned enterprises are obliged to publish information on their financial and economic activities annually. There are no restrictions in the legislation of Ukraine on the appointment of foreigners to the supervisory boards of state unitary enterprises. It is impossible to agree with the proposals contained in the draft Law № 3487 of 15.05.2020 on the requirements for candidates for the position of an independent member of the Supervisory Board.
34
Wierzbicka, Ewa. "THE ROLE OF INSURANCE IN ENTERPRISE RISK MANAGEMENT." Zeszyty Naukowe Wyższej Szkoły Humanitas Zarządzanie 18, no. 4 (December 28, 2017): 133–47. http://dx.doi.org/10.5604/01.3001.0010.8286.
Full textAbstract:
In the last several years, both in the economic practice of the OECD countries and in the development of theoretical thinking, there has been a significant breakthrough in the approach to corporate insurance. Insurance in business management is no longer considered only as a category of finance and accounting for an enterprises , which results from the traditional understanding of this issue. Today’s approach is insufficient to define the role of business risk management. In the traditional approach to insurance, its importance is focused on the recording and analysis of the cost of risk transfer. As a consequence, in practise, many companies and institutions implement the short-term approach to managing the cost of insurance and analyzing the degree of risk coverage, primarily property, relative insurance, relative to the cost of insurance cover.The purpose of this article is to explain how insurance contributes to increasing business security and business turnover, especially in the context of cyberbullying. It is therefore hypothesized that in the turbulent environmental variability and under pressure of changes resulting from technological synergies, the importance of insurance in risk management, especially regulatory risk and technological risk, is growing.
35
Hutsaliuk, O. M., and Iu A. Bondar. "Safety Management of Aviation Transport in the Context of Sustainable Development of the National Economy." Management of Economy: Theory and Practice. Chumachenko’s Annals, no. 2020 (2020): 82–94. http://dx.doi.org/10.37405/2221-1187.2020.82-94.
Full textAbstract:
The article discusses the impact of a wide range of technical, natural, human and economic hazards on the aviation industry. The safety of aviation as a whole is characterized as an important component of the general concept of national security, as well as a component of the system for ensuring personal safety, public safety and security in air transport from external and internal threats. It is noted that maintaining an acceptable level of safety of national aviation, the development of theoretical foundations for the safety of aviation transport management is of current and practical importance for the sustainable development of not only a separate transport infrastructure, but also the national and global economy. The article investigates «security» and methods of its management, «activity security policy», which is aimed at countering threats, restoring activities in order to protect corporate interests, preserving the integrity of processes or a system based on the assimilation and development of a safety culture. At the same time, in the studies, these types of threats include individual elements that can be used in almost any air transport. In particular, the importance of external threats and destabilizing factors and threats is highlighted. A structured approach to safety management is indicated at the global, regional and national levels, including: the required organizational structures, areas of responsibility, policies and procedures. The characteristics of the main goals of the safety management of the aviation transport enterprise are considered, the ideal goals and potential ones are highlighted, and also touched the degree of reach of such goals. Determined that the objectives of enterprise safety management, as well as the objectives of enterprise management as a whole, must meet a set of requirements, the obligation to comply with which is the key to the success of such management. Information on the ICAO Civil Aviation Security Strategy has been processed, which is considered the most effective tool to ensure an acceptable level of security in global civil aviation. According to which the implementation of the aviation safety management system is regulated at three hierarchical levels – global, regional and national, and the aviation safety management system represents an orderly approach to management.
36
Ilysheva, N. N., E. V. Karanina, and M. S. Kyzyurov. "Diagnostics of Threats to Regional Fiscal Security." Economy of Region 17, no. 4 (2021): 1361–75. http://dx.doi.org/10.17059/ekon.reg.2021-4-22.
Full textAbstract:
Nowadays, the influence of negative factors on the fiscal system has been strengthening at both the country and regional levels. In particular, income differentiation and fiscal capacity are increasing, inflation rate exceeds the target, negative trends of growing household debt and enterprise unprofitability are observed. Such factors are not fully considered by existing diagnostic methodologies for analysing fiscal and economic security indicators and threats. Thus, in order to adjust stabilisation decisions and implement relevant fiscal policies, it is necessary to update these approaches, especially in regions. The paper examines key definitions of threats and risks to regional fiscal security and presents the author’s classification of threats according to the incidence. Based on the analysed approaches to threat assessment and a proposed diagnostic mechanism, the research developed a method for diagnosing threats to regional fiscal security by bringing the actual values of indicators to standardised points. In addition, to determine the danger level of threats, indicator values were distributed by security zones. The suggested methodology, which includes 12 indicators, was used to analyse the fiscal security of the Komi Republic. As a result, significant threats to the regional fiscal security were identified in the economic, budget, tax, investment, innovation, price, banking, corporate and social spheres. Baseline data were obtained from Federal State Statistics Service, Federal Customs Service of Russia, Federal Taxation Service of Russia and the Bank of Russia. The proposed methodology is an effective diagnostic tool for analysing threats to fiscal security on the basis of important regional indicators. Federal and local authorities can use this particular method for monitoring regional fiscal systems.
37
Ierokhin, Sergii, and Alexander Nagorny. "THEORETICAL PRINCIPLES OF THE INFLUENCE OF THE FINANCIAL SECTOR ON THE FINANCIAL SECURITY OF THE ENTERPRISE." Actual Problems of Economics 1, no. 232 (2020): 43–58. http://dx.doi.org/10.32752/1993-6788-2020-1-232-43-58.
Full textAbstract:
The influence of the financial sector on the FBU is manifested through the formed and potentially possible capital structure, because the formed capital structure forms the financial risks of the enterprise. The financial sector has a direct influence on the FBU through the financial architecture formed on it, which includes the existing ownership structure (taking into account the presence of majority and minority shareholders), formed by the owners top management team, which together determine corporate governance strategy and instruct managers to conduct operational management , as well as the capital structure formed in the interaction of these stakeholders, taking into account the strategy of its further change.
38
Zavrazhnyi, Konstyantyn Yu. "Economic Mechanism for Managing the Communication Business Process of Industrial Enterprises in the Context of Globalization." Mechanism of an Economic Regulation, no. 4 (2020): 63–73. http://dx.doi.org/10.21272/mer.2019.86.07.
Full textAbstract:
The paper provides a definition of the economic mechanism for managing the communication business processes of industrial enterprises in the context of globalization as a set of a system of relations, authorities, forms and methods of organization and operation, which are regulated by legal and other norms of activity and provide effective interaction in internal and external environments. This allows to deepen the understanding of the essence in the context of globalization under the orientation towards communication (we mean interaction first of all). The composition of the comprehensive economic mechanism for managing the communication business processes of industrial enterprises is studied. This mechanism includes organizational, economic, legal, political, technical and technological, market, production, social, motivational, adaptive and communication submechanisms. This allows further formalization of the process of elemental improvement of the communication business processes of industrial enterprises. The components of mechanism are detailed. In particular, the economic submechanisms include the mechanisms of profits distribution, economic stimulus, financial, equity, investment and reinvestment in development and other mechanisms. The legal submechanisms include the mechanisms, which govern communication and professional legal relations. Organizational submechanisms include structural mechanisms, administrative and information mechanisms that ensure the development and modernization of communication activities at the enterprise, its information security. Political submechanisms include mechanisms of information policy, social and economic policy and foreign economic policy. Market submechanisms include the ones of market competition, demand and supply, etc. Social submechanisms include the ones of transparency of doing business, social responsibility, social and psychological impact, etc. Production submechanisms include the following ones: resource, implementation of new types of software and hardware and other. Technical and technological submechanisms include the ones of scientific and technological progress, technological updates. Motivational submechanisms include the mechanisms of material and non-material incentives of personnel. Adaptive submechanisms are the submechanisms of innovative development (including implementation of innovations in information field), managing the personnel potential, etc. Communication submechanisms include the ones of information-and-analytical activities (including research conducting); external communications (including the system of integrated communications tools, modern telecommunications and communications facilities); internal communications (including creating corporate culture). Key words: economic mechanism, submechanisms, management, communications, business processes, industrial enterprise.
39
Chyzh, Vira, and Tetiana Sakhno. "Corporate Social Responsibility in the Development of Territorial Communities of Ukraine." European Journal of Sustainable Development 9, no. 3 (October 1, 2020): 39. http://dx.doi.org/10.14207/ejsd.2020.v9n3p39.
Full textAbstract:
Main modern society trends tend to transfer a number of government functions to business structures. Accordingly, discussions about the social dialogue between government and business are being arisen in the scientific community. Therefore, there is the enhanced relevance of the problem of social partnership among government, business, and employees. This requires the development of various versions of the corporate social responsibility concept. The article deals with the problem of an integrated approach to the essence of corporate social responsibility. Enterprises and authorities of territorial communities characterized by conflicting interests are determined to be the economic agents of corporate social responsibility. To reach the consensus between them, a system of corporate social responsibility management is proposed. To determine the impact of business entities on the development of territorial communities of Ukraine in the direction of improving the economic security of the territory as part of the social responsibility of modern business, the main structural activity indicators of business entities in Cherkasy region are analyzed. The results of the analysis revealed many problems in assessing such impacts. These are the absence of unified forms of social non-financial reporting as well as a non-systemic enterprise engagement in the development of the territory. To quantify the impact of business entities, an integrated impact coefficient of social responsibility of an individual business structure on the development of the territorial community is proposed. The coefficient determines the impact of the business structure on the economic growth of the territorial community, the environmental situation in the region, the level and the quality of life. Keywords: social responsibility, socially responsible business, territorial community, non-financial reporting
40
Gvozdev, E. V. "The assessment of the integrated safety of Russian oil and gas enterprises." Pozharovzryvobezopasnost/Fire and Explosion Safety 31, no. 1 (March 15, 2022): 49–64. http://dx.doi.org/10.22227/0869-7493.2022.31.01.49-64.
Full textAbstract:
Introduction. The article addresses the choice of a method used to analyze hierarchies and pairwise comparisons (hereinafter — MAH), that serve as a framework for an integrated corporate safety assessment methodology. Its application ensures the transformation of input information, obtained in the form of a characteristic description of an assessed event, into the resulting assessment that has a weighted numerical value.Goals and objectives. The main purpose of the article is to obtain an assessment result in respect of the actions that are added to industrial and fire safety checklists applied to assure the integrated safety of an enterprise. A selected MAH is used to make pairwise comparisons of factors and alternatives. Values of local and global priorities can be determined for each element under study. Weighted coefficients, obtained in the form of local priorities, are related to the activities being checked, while global priorities are directly related to the services (structural units) that ensure the sustainable integrated security of an enterprise.Methods. The authors provide a rationale for the choice of MAH, which allows itemizing the values demonstrating the intensity of influence of factors and break them down into components. At the stage of synthesizing the obtained analytical results with the help of MAH, the results obtained by expertise must be verified by determining the value of the expert consistency ratio to confirm the adequacy of the obtained result.Results. The probability of influence of analyzed hazards, related to accidents and fires at the enterprises under consideration, was assessed as a function of their causes during the 7-year period under review. The article presents calculated coefficients of communication, impacts and influence made by specialists employed with respective services (structural units) on the industrial and fire safety subsystems that encompassed the integrated safety of an enterprise. The results of introducing correction factor g, whose dependence is expressed by final indicators of damage measured in economic (ruble) and social (human) losses, are presented.Discussion. The article focuses on the fact that the sustainable operation of industrial enterprises depends on the reliability margin of integrated corporate safety, the maintenance of which requires particular resources (financial, material resources, as well as the time, needed for the personnel to eliminate any identified deviations, etc.). Given that the resources focused on the integrated safety assurance are limited, they cannot meet all requests made by the heads of services (departments), while highly risky targeted activities need more research.
41
Islam, Md Shariful, Nusrat Farah, and Thomas F. Stafford. "Factors associated with security/cybersecurity audit by internal audit function." Managerial Auditing Journal 33, no. 4 (April 3, 2018): 377–409. http://dx.doi.org/10.1108/maj-07-2017-1595.
Full textAbstract:
Purpose The purpose of the study is to explore the factors associated with the extent of security/cybersecurity audit by the internal audit function (IAF) of the firm. Specifically, the authors focused on whether IAF/CAE (certified audit executive [CAE]) characteristics, board involvement related to governance, role of the audit committee (or equivalent) and the chief risk officer (CRO) and IAF tasked with enterprise risk management (ERM) are associated with the extent to which the firm engages in security/cybersecurity audit. Design/methodology/approach For analysis, the paper uses responses of 970 CAEs as compiled in the Common Body of Knowledge database (CBOK, 2015) developed by the Institute of Internal Auditors Research Foundation (IIARF). Findings The results of the study suggest that the extent of security/cybersecurity audit by IAF is significantly and positively associated with IAF competence related to governance, risk and control. Board support regarding governance is also significant and positive. However, the Audit Committee (AC) or equivalent and the CRO role are not significant across the regions studied. Comprehensive risk assessment done by IAF and IAF quality have a significant and positive effect on security/cybersecurity audit. Unexpectedly, CAEs with security certification and IAFs tasked with ERM do not have a significant effect on security/cybersecurity audit; however, other certifications such as CISA or CPA have a marginal or mixed effect on the extent of security/cybersecurity audit. Originality/value This study is the first to describe IAF involvement in security/cybersecurity audit. It provides insights into the specific IAF/CAE characteristics and corporate governance characteristics that can lead IAF to contribute significantly to security/cybersecurity audit. The findings add to the results of prior studies on the IAF involvement in different IT-related aspects such as IT audit and XBRL implementation and on the role of the board and the audit committee (or its equivalent) in ERM and the detection and correction of security breaches.
42
Stafford, Thomas, George Deitz, and Yaojie Li. "The role of internal audit and user training in information security policy compliance." Managerial Auditing Journal 33, no. 4 (April 3, 2018): 410–24. http://dx.doi.org/10.1108/maj-07-2017-1596.
Full textAbstract:
Purpose The purpose of the study is to investigate the role of information security policy compliance and the role of information systems auditing in identifying non-compliance in the workplace, with specific focus on the role of non-malicious insiders who unknowingly or innocuously thwart corporate information security (IS) directives by engaging in unsafe computing practices. The ameliorative effects of auditor-identified training and motivational programs to emphasize pro-security behaviors are explored. Design/methodology/approach This study applies qualitative case analysis of technology user security perceptions combined with interpretive analysis of depth interviews with auditors to examine and explain the rubrics of non-malicious technology user behaviors in violation of cybersecurity directives, to determine the ways in which auditors can best assist management in overcoming the problems associated with security complacency among users. Findings Enterprise risk management benefits from audits that identify technology users who either feel invulnerable to cyber threats and exploits or feel that workplace exigencies augur for expedient workarounds of formal cybersecurity policies. Research limitations/implications Implications for consideration of CyberComplacency and Cybersecurity Loafing expand the insider threat perspective beyond the traditional malicious insider perspective. Practical implications Implications for consideration of CyberComplacency and Cybersecurity Loafing include broadened perspectives for the consultative role of IS audit in the firm. Social implications CyberComplacency is a practice that has great potential for harm in all walks of life. A better understanding of these potential harms is beneficial. Originality/value This study is the first to characterize CyberComplacency as computer users who feel they operate invulnerable platforms and are subsequently motivated to engage in less cybersecurity diligence than the company would desire. This study is also the first to characterize the notion of Cybersecurity Loafing to describe technically competent workers who take unauthorized but expedient steps around certain security polices in the name of workgroup efficiency.
43
Jiang, Xiaoyu, Yangfen Chen, and Lijuan Wang. "Can China’s Agricultural FDI in Developing Countries Achieve a Win-Win Goal?—Enlightenment from the Literature." Sustainability 11, no. 1 (December 21, 2018): 41. http://dx.doi.org/10.3390/su11010041.
Full textAbstract:
Since 2014, there have been increasing numbers of undernourished people in the world, mainly distributed in developing countries. At the same time, the rapid growth of China’s agricultural FDI (Foreign Direct Investment) has attracted international attention. There are different opinions on whether China’s fast-growing agricultural investment can contribute to promoting global food security. The objective of the article is to clarify the consensus and differences of current research, and explore the actual impacts of China’s agricultural FDI. This paper adopts the Grounded Theory to sort out the characteristics, reasons, and impacts of China’s agricultural FDI and their intrinsic relationship. The results show that private enterprises are the mainstay of China’s agricultural FDI, mainly concentrated in developing countries in Asia and a few developed countries such as Singapore, New Zealand, and the United States. As the investment model is transformed from land leasing to mergers and acquisitions, China’s agricultural investment links are transformed from planting to full-industry chain operations. The motives of Chinese agricultural FDI are affected by corporate goals, national strategies, and the international environment. For China, overseas agricultural investment guarantees national food security, helps expand the agricultural product market, and enhances China’s influence. For the host country, China’s agricultural investment brings about agricultural technology, management experience, and employment opportunities. However, in the actual investment process, the investment model of land leasing has caused the instability of local farmers’ livelihoods, and the excessive pursuit of profits by Chinese companies has also led to an unfair distribution of agricultural products. All of these may bring some challenges to the social and economic development of the host country to a certain extent, affecting the realization of win-win goals. In order to achieve a win-win goal, at the enterprise level, Chinese companies should make the investment model fit the interests and development goals of the host country, rationally choose the investment location, and abide by local rules. At the government level, the Chinese government should guide enterprises to focus on the less developed countries and regions that are most in need of introducing agricultural investment, and provide enterprises with risk protection. At the international level, it is necessary to strengthen the formulation and improvement of international agricultural investment rules, guide the public to form an objective understanding of agricultural investment behavior and impact, and create a suitable environment for international agricultural investment.
44
Varchenko, O., and N. Vernyuk. "Formation of system of balanced indicators as an instrument of strategic management of sugar industry enterprises." Ekonomìka ta upravlìnnâ APK, no. 2 (143) (December 27, 2018): 54–66. http://dx.doi.org/10.33245/2310-9262-2018-143-2-54-66.
Full textAbstract:
The article substantiates a balanced system of indicators as a tool for strategic planning of beet and sugar production enterprises development. The main results and trends of sugar beet production in Ukraine in the last two marketing years are summarized, the positive dynamics of which is not sustainable, which requires the use of the latest tools of strategic management from the industry. The characteristic features of the development of domestic enterprises of sugar beet production are systematized, in particular seasonal production, non-compliance of production processes and consumption of products, imperfection of economic relations between sugar beet plants and sugar factories, the possibility of production of a wide range of products (sugar and related products), high dependence on investments and innovative products, the formation of final economic results depends on the efficiency of beet and processing of sugar beets, etc. Dedicated as other specific features of the business structures of sugar beet production as an object of management, which are open systems, requires the establishment of appropriate tools for strategic management. The approaches of domestic and foreign theory and practice to the understanding of the balanced system of indicators and the formation of an appropriate list of indicators for qualitative and quantitative evaluation of the efficiency of the business structures of sugar beet production are summarized. It is proved that in the practice of sugar beet farms and sugar factories, the evaluation of the efficiency of beet and sugar production enterprises is mainly carried out according to the financial and economic system and the group of technical and technological indicators. The expediency of evaluating the effectiveness of sugar beet production structures on the basis of a balanced control system is substantiated, which allows to objectively establish the contribution of each of the participants in the sugar-based chain in creating the value. It was clarified that in order to strengthen the innovative development of beet and sugar industry it is expedient to introduce a technological platform tool that will combine the efforts of business, state and science, which will accelerate the development of measures to ensure food security, which will promote the efficient use of molasses for energy production, will increase efficiency sugar beet production and reduce the harmful effects on the environment. The technological, raw, organizational, managerial and institutional features of sugar beet production enterprises in the aspect of management of basic and auxiliary business processes are revealed. It is determined that a balanced system of indicators is a tool for providing enterprise information management system, which allows to develop well-grounded strategies for the development of business structures. It is proved that the concept of a balanced system of indicators is an instrument of a strategic accounting system, the main purpose of which is to provide the function of collecting, systematizing and analyzing information, which is the basis for the development and adoption of managerial decisions. We believe that in determining the rational composition of the balanced system of indicators, it is expedient to use a resource-functional and competency approach that should lead to an increase in the overall development of a modern beet-and-sugar production enterprise and to identify promising directions for its development. It is proposed to include in the classical complex of the balanced system of indicators the block in the direction of "Innovations and Investments", since ensuring the competitiveness of beet and sugar production enterprises in the current conditions is achieved provided their innovation and investment support their activities. It is substantiated that the indicators of the given group will allow to assess the level of innovation of the enterprise and to identify existing or strategic competences for successful development. We have proposed a modified balanced system of indicators for the strategic management of beet and sugar production enterprises. It is proved that in order to develop substantiated corporate, competitive and functional strategies for the development of enterprises of the investigated industry on the basis of a balanced system of indicators for its composition it is expedient to include the following blocks: financial, business processes, clients, personnel, innovation and investment. The following principles were used in substantiating the complex of indicators of a balanced system for the enterprises of the investigated branch, namely: complexity, relevance, dynamism, economic and informational accessibility, taking into account branch features. Key words: beet sugar production, added value, efficiency, investments, innovations, financial resources.
45
Bezruchuk, S. L. "Changing approaches to the quality of accounting information: a historical aspect." Problems of Theory and Methodology of Accounting, Control and Analysis, no. 2(49) (September 14, 2021): 3–7. http://dx.doi.org/10.26642/pbo-2021-2(49)-3-7.
Full textAbstract:
The one of the main factors in ensuring the effectiveness of the management system of economic activity of the enterprise is information support. For the management staff, the priority is to improve the quality of the accounting system, which directly affects the formation of information support of the management system. Until recently, it was believed that all changes in accounting were due to globalization processes, increasing attention to environmental security, social responsibility, corporate governance. Historically, legal systems, political and economic differences have created a huge variety of accounting systems, which makes it difficult to make meaningful comparisons of financial statements in different countries. But, despite this, historically, approaches to disclosing the quality of accounting information have developed in a single vector that depended on the purpose of accounting, because it is obvious and logical that the development of accounting contributed to progress, stability, the need to meet social needs. In this regard, the periodization of accounting development is important. It allows us to trace historical logic, to approach the realization of the progress of changing epochs. The article proposes a new vector of approaches to the historical vision of periodization of accounting development in terms of determining its quality or qualitative characteristics.
46
Milgram, B. Lynne. "Social Entrepreneurship and Arabica Coffee Production in the Northern Philippines: Navigating Opportunities and Constraints." Human Organization 80, no. 1 (March 1, 2021): 72–82. http://dx.doi.org/10.17730/1938-3525-80.1.72.
Full textAbstract:
Private, government, and corporate sectors increasingly seek to mitigate the precarious economic and environmental conditions their businesses have caused. Given the shortcomings of conventional approaches to achieve meaningful social change, social entrepreneurship has emerged as an alternative approach to answer this call. Combining business, private investment, and social movement models, social entrepreneurs work collaboratively with communities to augment peoples’ livelihood and their social security. This article draws on social entrepreneurship scholarship to analyze entrepreneurs’ initiatives in the northern Philippines’ emergent specialty Arabica coffee industry. I explore the extent to which entrepreneurs can operationalize opportunities and mitigate constraints as they expand from their small start-up premises while maintaining their social mandate. Given that current demand for premium green coffee beans outstrips supply, entrepreneurs may find themselves in competition with one another. This situation coupled with the Philippine government’s inability to secure peoples’ subsistence needs means that farmers may betray their allegiance to the entrepreneurs who supported them. I ask: do social entrepreneurs’ efforts simply alleviate symptoms rather than address root causes of inequality? Entrepreneurs’ efforts to date have led to positive industry outcomes; this suggests that pursuing such cross-sector advocacy can potentially curtail challenges to enterprise sustainability.
47
Bravo-Olivas, Myrna L., and Rosa M. Chávez-Dagostino. "Sustainable Fishing? Ecological Footprint Analysis of an Artisanal Fishing Organization." Open Environmental Research Journal 13, no. 1 (February 14, 2020): 1–10. http://dx.doi.org/10.2174/1874213002013010001.
Full textAbstract:
Background: Small-scale fisheries are an important economic sector in terms of employment, national food security, enterprise development and foreign exchange earnings. Overfishing is one of the main impacts directly affecting fisheries. However, there are other kinds of global impacts not frequently considered. The ecological footprint indicator is not new but has been mostly overlooked by scholars in the artisanal fishing sector. The aim of this study was to evaluate the corporate ecological footprint of small-scale fisheries through a fishing cooperative at La Cruz de Loreto in Mexico, and determine its eco-efficiency as non-direct global impacts. Methods: The Compound Method Based on Financial Accounts (MC3.V.2 for its acronym in Spanish, version 2) was used. It includes the categories of emissions, materials, resources, services and contracts, land use and waste. Results: Eco-efficiency, determined by the organization´s ecological footprint, was 0.6 t/ha and its carbon footprint was 0.2 t/tCO2 per year, a low one when compared to others. The consumption category that contributed most to the footprint was indirect emissions and the ecosystem’s fossil energy, which could be explained by the characteristics of the fishing cooperative analyzed. Conclusion: The corporate ecological footprint for La Cruz de Loreto fishing cooperative is low when compared to others, but it indicates that they should improve in the category of indirect emission (reduce the consumption of electricity generated by fossil fuel and use of alternative energy) and should invest in the “forest” type of ecosystem to increase carbon sinks and mitigate the impacts.
48
Shyra, T. "ENTERPRISE CORPORATE SECURITY STRATEGY." Agrosvit, no. 3 (February 21, 2020): 59. http://dx.doi.org/10.32702/2306-6792.2020.3.59.
Full text
49
Huzar, U., А. Holod, М. Paska, Yu Felenchak, and І. Stakhiv. "ROBLEMS OF IMAGE FORMATION OF ENTERPRISES OF THE HOSPITALITY INDUSTRY IN THE CONDITIONS OF THE GLOBAL PANDEMIC." Financial and credit activity: problems of theory and practice 3, no. 38 (June 30, 2021): 447–55. http://dx.doi.org/10.18371/fcaptp.v3i38.237477.
Full textAbstract:
Abstract. The purpose of the work is to study the problems of marketing support of the image formation of the hospitality industry in a pandemic. The pandemic has exacerbated the issue of competition, which has led to the intensification and updating of research in the direction of forming a positive image of the hospitality industry. Based on the interpretations of researchers, there is a definition of the image of the enterprise, which is described as a «synergistic» concept that covers different image levels, which are formed on the basis of values, communication and socio-economic relations between actors and cooperation. It is determined that the image of the enterprise is formed on the basis of the corporate culture of the company, where the fundamental component is a clear and understandable formulation of the mission of the organization. The author’s model of image formation of hospitality industry establishments is given.
It is proposed to consider consumer confidence as one of the key factors in stabilizing the hospitality industry, which opens the horizons of a new vision of the enterprise. Three main components of trust are investigated: trust of investors (investors), trust of the personnel to the organization, trust of clients. The author’s approach to the formation of modern components of trust is presented.
The global consumer sentiment during the pandemic of December 2020 — February 2021 in the developed world was analyzed, based on which it was concluded that consumers still plan to reduce their spending by at least 20% in the next four weeks compared to the previous four. The largest share of reduced costs is accounted for by restaurant services and travel.
The study helps to address many issues related to improving the functioning of the hospitality industry in a pandemic. It is concluded that in terms of reducing demand for hospitality services and strengthening the role of security in recreational and tourist activities, the formation of a new level of customer confidence is of particular importance, which should be based on a renewed interpretation of the principle of «feel at home» expanding the use of information and communication technologies.
Keywords: company image, hospitality industry, global pandemic, trust, planned consumer spending.
JEL Classification M14, L83, N10
Formulas: 0; fig.: 3; tabl.: 0; bibl.: 10.
50
Serdiuk, N. A. "ENVIRONMENTAL LITERACY AS A FACTOR OF CONSOLIDATION OF UKRAINIAN SOCIETY." Analytical and Comparative Jurisprudence, no. 2 (July 6, 2021): 34–38. http://dx.doi.org/10.24144/2788-6018.2021.02.6.
Full textAbstract:
Emerging economy based on innovation, technological progress creates new sources of growth, reinterpreted with environmental positions the principles of interaction with the environment.
The relationship of social systems with the components of the natural environment is established through complex correlations of different orientation and depth. Therefore, the level of general scientific study of the processes of interaction between state, society and nature form a new integrated interdisciplinary approaches that integrate and form an unconventional device methodological study of this area.
Ecological literacy, which is expressed in the development, justification, and most importantly the practical implementation of optimal methods of environmental impact, can serve as an indicator of social maturity, which determines the nature of personal participation in the process of man-made impact on the environment.
In the long term ecological literacy must become an integral part of literacy work and find a real reflection of a system of criteria for socio-economic evaluation of production results as every labor collective and the individual.
In modern conditions, the most important trend in business development is socialization, which means: first, active involvement in solving priority social problems of enterprise development, the region and the state as a whole; secondly, clearly defined socially oriented investments of enterprises in the improvement of the internal and external environment, in corporate social programs; third, various forms of charitable and sponsorship activities.
Response to environmental risks must become conscious of the need for greening of consciousness and life in Ukraine. That is, learning certain environmental perceptions and attitudes towards nature and implementation in daily practice technologies that do not cause irreparable damage to the environment, changing lifestyles of people to safer spread respect for natural resources.
The solution to all these issues requires a thorough environmental legal framework will be to: broad international cooperation in the environmental field to address environmental safety and environmental protection; ensuring social and environmental security; monitoring the problems of ecologically oriented lifestyle in Ukraine according to the method of "Green Barometer" (the Green Barometer); the introduction of new technologies in Ukraine; the need to develop principles for the transition from economics to energy economics.