Panchenko Volodymyr, Doctor of Economics, Professor, Head of the section of economy and management of Department of mathematics and methods of its teaching, Central Ukrainian State University named after Volodymyr Vinnichenko, Kropyvnytskyi, Ukraine

ORCID ID: 0000-0003-0958-7752
e-mail: op_panchenko@ukr.net

Analysis as a Function of Management in the System of Ensuring the Economic Security of Enterprises

Abstract. Introduction. Economic security of the enterprise is a key criterion for its viability and ability to withstand market competition and function stably. Therefore, it is necessary to monitor and ensure it. The basis of economic security management in enterprises is their information and analytical support.

Purpose. The purpose of the article is to improve methodical approaches to the analysis of economic security of the enterprise.

Results. The management of economic security implies its constant monitoring both for the enterprise as a whole and for its functional components. Quantitative assessment of the latter involves solving such problems as: choosing a system of indicators for assessing the spheres of the enterprise’s vital activity; formation of the limit values of the indicators within the scope of individual stages of the enterprise life cycle; formation of a comprehensive assessment of the level of economic security; scaling of the comprehensive assessment of the level of economic security. The schematic diagram of the multi-level system of assessment and monitoring of economic security of the enterprise provides for three levels and begins with the analysis of the primary indicators of economic security assessment; at the second level of work, the analysis of indicators that determine the generalizing indicator is carried out; at the operational level of work, the most important indicators of operational assessment are analyzed; at the third level – the generalizing indicator is determined.

Conclusions. Analysis of the economic security of enterprises cannot be standardized and requires application of various methods of analysis. As a result, conclusions are drawn regarding both the state and the level of security of the enterprise. The criteria of economic security are the basis for determining the desired state of the object and its evaluation. The criterion of economic security is an assessment of the state of the economy from the point of view of the most important processes reflecting the essence of the economic security of the enterprise. This essence is reflected in the stability of the enterprise, its provision of resources, development, reduction of losses, increase of investments, etc.

Keywords: enterprise management, management, economic security, data analysis, risks, threats

References:

1. Asamoah-Cheremekh, D. & Matyukh, S. (2022). The influence of marketing on identifying and  countering  threats  to  the  economic  security  of  light  industry  enterprises  of  Ukraine. Innovation  and Sustainability. 2. 49-54 [іn Ukraіnіan].
2. Vasyltsiv, T. G., Lupak, R. L. & Rudkovskyi, O. V. (2019). Directions and means of stimulating social responsibility of entrepreneurship in Ukraine. Economy and the state. 5. 4-8 [іn Ukraіnіan].
3. Vasyltsiv, T. G., Mitsenko, N. G., Mulska, O. P. & Zaichenko, V. V. (2023). Economic potential vs economic security of the enterprise: points of convergence and divergence. Scientific notes of the Lviv University of Business and Law. 2023. 36. 23-29 [іn Ukraіnіan].
4. Harkusha, V.O. & Yershova, N.Yu. (2021). Systematization of scientific views on the essence of the concept of «economic security of the enterprise». Economy and society. 28. URL : https://doi.org/10.32782/2524-0072/2021-28-34 [іn Ukraіnіan].
5. Epifanova, I., Jezhula, V., Rozvodyuk, O. & Shevchuk, D. (2023). Theoretical aspects of managing the financial security of domestic enterprises. Innovation and Sustainability. 1. 8-14 [іn Ukraіnіan].
6. Kovalska, L., Golii, O. & Golii, V. (2023). Economic security of the enterprise: essence, structure and mechanism of provision. Economic Forum. 1(1). 126-137 [іn Ukraіnіan].
7. Marusiak, N. L. & Bak, N. A. (2022). Financial  security  of  the  enterprise  and  threats  of  its  loss  in  the  modern economic environment. Economy and the state. 2. 109-113 [іn Ukraіnіan].
8. Ogrenych, Yu. O. & Dibrova, V. O. (2023). Economic security of industrial enterprises in Ukraine: state, problems and directions for improvement. Tavriysk scientific bulletin. Series: Economy. 15. 180-191 [іn Ukraіnіan].
9. Piletska, S. T., Korytko, T. Yu. & Tkachenko, Ye. V. (2021). A Model of Integrated Assessment of the Enterprise Economic Security. Economic  Herald  of  Donbass. 3 (65). 56-65 [іn Ukraіnіan].
10. Pravdyvets, O. M. (2022). Economic security as the highest function of the state. Scientific notes of KROC University. 2 (66). 40-43 [іn Ukraіnіan].