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Growing Science » Decision Science Letters » An integrated analysis of enterprise economy security

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Decision Science Letters

ISSN 1929-5812 (Online) - ISSN 1929-5804 (Print)
Quarterly Publication
Volume 11 Issue 3 pp. 299-310 , 2022

An integrated analysis of enterprise economy security Pages 299-310 Right click to download the paper Download PDF

Authors: Liubov Lelyk, Volodymyr Olikhovskyi, Nataliia Mahas, Marta Olikhovska

DOI: 10.5267/j.dsl.2022.2.003

Keywords: Security, Stability, Risks-management, Threats, Assessment methods, Complex analysis, Sustainable Business

Abstract: 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.

How to cite this paper
Lelyk, L., Olikhovskyi, V., Mahas, N & Olikhovska, M. (2022). An integrated analysis of enterprise economy security.Decision Science Letters , 11(3), 299-310.

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Journal: Decision Science Letters | Year: 2022 | Volume: 11 | Issue: 3 | Views: 1313 | Reviews: 0

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