An integrated analysis of enterprise economy security

With the complication of the business environment of commercial economic activity, competition intensifies, which threatens the bankruptcy of enterprises, the prevention of which requires quality monitoring and timely identification of crises using methods of comprehensive assessment and an...

Full description

Bibliographic Details
Main Authors: Liubov Lelyk, Volodymyr Olikhovskyi, Nataliia Mahas, Marta Olikhovska
Format: Article
Language:English
Published: Growing Science 2022-01-01
Series:Decision Science Letters
Online Access:http://www.growingscience.com/dsl/Vol11/dsl_2022_8.pdf
_version_ 1817982089241296896
author Liubov Lelyk
Volodymyr Olikhovskyi
Nataliia Mahas
Marta Olikhovska
author_facet Liubov Lelyk
Volodymyr Olikhovskyi
Nataliia Mahas
Marta Olikhovska
author_sort Liubov Lelyk
collection DOAJ
description With the complication of the business environment of commercial economic activity, competition intensifies, which threatens the bankruptcy of enterprises, the prevention of which requires quality monitoring and timely identification of crises using methods of comprehensive assessment and analysis of economic security. This research is aimed at conducting component-by-component and, as a result, integrated assessment of the state of economic security of the enterprise. Methodological research tools include analysis of the main components, causation and vector regression modeling. A resource-functional security model is developed (which consists of partial indicators and components of economic security of business) and a resource-functional approach to calculations is also applied. Using the data of the expert survey, the values of indicators of structural components of economic security of the enterprise are determined. Using the resource-functional approach, the integrated values of sub-indices and the integral values of the general level of economic security of the enterprise are calculated. According to the results of the assessment, it is established that the integrated level of economic security of the enterprise is 7.04 (sufficient level of security). However, the components of economic security identified critically low values, namely - the financial component (0.452), the information component (0.554), the institutional and legal component (0.647). The results of the study are of practical value for the development of technological schemes - algorithms for strengthening the financial, informational and institutional and legal security of the enterprise, making sound (using economic and mathematical tools) management decisions to ensure the trajectory of sustainable economic development.
first_indexed 2024-04-13T23:16:08Z
format Article
id doaj.art-38a9c2f148874a0b845c4dc6db7d664c
institution Directory Open Access Journal
issn 1929-5804
1929-5812
language English
last_indexed 2024-04-13T23:16:08Z
publishDate 2022-01-01
publisher Growing Science
record_format Article
series Decision Science Letters
spelling doaj.art-38a9c2f148874a0b845c4dc6db7d664c2022-12-22T02:25:24ZengGrowing ScienceDecision Science Letters1929-58041929-58122022-01-0129931010.5267/j.dsl.2022.2.003An integrated analysis of enterprise economy securityLiubov LelykVolodymyr OlikhovskyiNataliia MahasMarta Olikhovska With the complication of the business environment of commercial economic activity, competition intensifies, which threatens the bankruptcy of enterprises, the prevention of which requires quality monitoring and timely identification of crises using methods of comprehensive assessment and analysis of economic security. This research is aimed at conducting component-by-component and, as a result, integrated assessment of the state of economic security of the enterprise. Methodological research tools include analysis of the main components, causation and vector regression modeling. A resource-functional security model is developed (which consists of partial indicators and components of economic security of business) and a resource-functional approach to calculations is also applied. Using the data of the expert survey, the values of indicators of structural components of economic security of the enterprise are determined. Using the resource-functional approach, the integrated values of sub-indices and the integral values of the general level of economic security of the enterprise are calculated. According to the results of the assessment, it is established that the integrated level of economic security of the enterprise is 7.04 (sufficient level of security). However, the components of economic security identified critically low values, namely - the financial component (0.452), the information component (0.554), the institutional and legal component (0.647). The results of the study are of practical value for the development of technological schemes - algorithms for strengthening the financial, informational and institutional and legal security of the enterprise, making sound (using economic and mathematical tools) management decisions to ensure the trajectory of sustainable economic development.http://www.growingscience.com/dsl/Vol11/dsl_2022_8.pdf
spellingShingle Liubov Lelyk
Volodymyr Olikhovskyi
Nataliia Mahas
Marta Olikhovska
An integrated analysis of enterprise economy security
Decision Science Letters
title An integrated analysis of enterprise economy security
title_full An integrated analysis of enterprise economy security
title_fullStr An integrated analysis of enterprise economy security
title_full_unstemmed An integrated analysis of enterprise economy security
title_short An integrated analysis of enterprise economy security
title_sort integrated analysis of enterprise economy security
url http://www.growingscience.com/dsl/Vol11/dsl_2022_8.pdf
work_keys_str_mv AT liubovlelyk anintegratedanalysisofenterpriseeconomysecurity
AT volodymyrolikhovskyi anintegratedanalysisofenterpriseeconomysecurity
AT nataliiamahas anintegratedanalysisofenterpriseeconomysecurity
AT martaolikhovska anintegratedanalysisofenterpriseeconomysecurity
AT liubovlelyk integratedanalysisofenterpriseeconomysecurity
AT volodymyrolikhovskyi integratedanalysisofenterpriseeconomysecurity
AT nataliiamahas integratedanalysisofenterpriseeconomysecurity
AT martaolikhovska integratedanalysisofenterpriseeconomysecurity