The Definition of «Financial Security of Enterprise»: the Basic Approaches and Features
Any enterprise is interested in enhancing its own level of financial security, which demonstrates a stable financial-economic activity, the enterprise’s development and competitiveness. The article is aimed at a content analysis and a systematization of scientific views as to the essence of the conc...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2019-07-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2019-7_0-pages-14_19.pdf |
| Summary: | Any enterprise is interested in enhancing its own level of financial security, which demonstrates a stable financial-economic activity, the enterprise’s development and competitiveness. The article is aimed at a content analysis and a systematization of scientific views as to the essence of the concept of «financial security of enterprise», as well as development of a conceptual apparatus of management theory by means of the definition of financial security as an management object. The definition of the concept of «financial security of enterprise» is researched, modern approaches along with their features to its interpretation are analyzed. Based on the carried out content analysis and the defined essential characteristics, the authors proposed their own definition of the financial security of enterprise, which differs by its complexity and logical consistency with the basic categories of «security» and «finance». This authors’ own definition constitutes the basis for further research and allows to pay more attention to the content and coherence of the financial interests of a company with the available potential, the imbalance of which leads to financial security breaches and requires special managerial decisions. |
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| ISSN: | 2222-4459 2311-116X |