{"id":14970,"date":"2021-03-20T14:00:43","date_gmt":"2021-03-20T12:00:43","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=14970"},"modified":"2021-03-25T13:08:29","modified_gmt":"2021-03-25T11:08:29","slug":"enterprise-financial-security-as-an","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/enterprise-financial-security-as-an\/","title":{"rendered":"Khymych I., Vynnyk T., Konstantiuk N., Tymoshyk N., Yuryk N. Enterprise Financial Security as an Anti-Crisis Management Method"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n
JEL Classification<\/strong>: D 12; G 30; P 43<\/em>
\n<\/span><\/td>\n		DOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V25(2021)-24<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Khymych Iryna<\/strong>, PhD (Economics), Associate Professor Department of Innovation Activity and Services Management, Ternopil Ivan Puluj National Technical University, Ternopil, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0002-2728-2007<\/a>
\ne-mail:<\/strong> khymyh31@gmail.com<\/a><\/p>\n

Vynnyk Tetiana<\/strong>, PhD (Economics), Associate Professor Department of Economics and Finance, Ternopil Ivan Puluj National Technical University, Ternopil, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0002-8390-3613<\/a>
\ne-mail:<\/strong> tetiana_vynnyk@ukr.net<\/a><\/p>\n

Konstantiuk Nataliia<\/strong>, PhD (Economics), Associate Professor Department of Economics and Finance, Ternopil Ivan Puluj National Technical University, Ternopil, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0002-6429-8745<\/a>
\ne-mail:<\/strong> konstantiuknataliia@gmail.com<\/a><\/p>\n

Tymoshyk Nataliia<\/strong>, PhD (Economics), Associate Professor Department of Economics and Finance, Ternopil Ivan Puluj National Technical University, Ternopil, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0003-2089-0648<\/a>
\ne-mail:<\/strong> nata_like@ukr.net<\/a><\/p>\n

Yuryk Nataliia<\/strong>, PhD (Economics), Associate Professor Department of Management and Administration, Ternopil Ivan Puluj National Technical University, Ternopil, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0002-1672-3049<\/a>
\ne-mail:<\/strong> malvina242977@gmail.com<\/a><\/p>\n

 <\/p>\n

Enterprise Financial Security as an Anti-Crisis Management Method<\/h2>\n

 <\/p>\n

Abstract. Introduction<\/strong>. Enterprise financial security is one of the measures to ensure and support financial stability. It is able to act as one of the main anti-crisis management methods and is extremely relevant in the uncertainty of the activities implementation. Management and staff must comply with a number of requirements for ensuring and maintaining their own level of financial capacity for effective enterprise functioning. After all, this factor will promote both its general adaptation, and will allow to carry out own activity now. It will also contribute to the plan formation to ensure the enterprise activities for the future, taking into account the necessary changes based on determining their impact on the development of further events in the business world.<\/p>\n

Purpose<\/strong>. His article has been described the essence and features of the \u00abFinancial security of the enterprise\u00bb concept. The necessity of its application in modern conditions of enterprise activity as one of the most important anti-crisis management methods in conditions of uncertainty has been described.<\/p>\n

Results<\/strong>. The financial security of the enterprise is the basis of effective activity of any enterprise in modern business conditions, taking into account the influence of both internal and external factors that take place in the business world as a whole has been determined. It is researched that financial security needs constant updating and improvement. So, it must meet modern requirements for ensuring the stability of the enterprise as an important anti-crisis managing its activities method. The main components of financial security of the enterprise are offered and described, namely: organizational, managerial, and financial-economic.<\/p>\n

Conclusions<\/strong>. As a result or consequence of this, the formation, support, and development of the country\u2019s enterprises\u2019 financial security are influenced by many different, both interdependent and independent, internal and external factors. In addition, financial security needs constant provision to achieve a high level of support for the stable and uninterrupted operation of the enterprise under any conditions of its operation.<\/p>\n

Keywords:<\/strong> financial security; anti-crisis method; crisis phenomenon; organizational component; management component; financial and economic component; soft skills.<\/p>\n

References:<\/strong><\/p>\n

    \n
  1. Biliak, Y. (2020). Systematization of scientific views on the essence of financial security. Ekonomika ta derzhava<\/em>, 8, 78-82 [in Ukrainian].<\/li>\n
  2. State Statistics Service of Ukraine (2021). Official web-site<\/em>. URL: http:\/\/www.ukrstat.gov.ua\/ [in Ukrainian].<\/li>\n
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  4. Krasnokutska, N.S. & Koptieva, H.M. (2019). The definition of \u00abfinancial security of enterprise\u00bb: the basic approaches and features. Business Inform<\/em>, 7, 14-19. DOI: https:\/\/doi.org\/10.32983\/2222-4459-2019-7-14-19 [in Ukrainian].<\/li>\n
  5. Poltorak, A. & Palamarchuk, V. (2019). Monitoring of factors influencing the level of Ukraine\u2019s financial security in terms of digitalization. Modern Economics<\/em>, 18, 130-137. DOI: https:\/\/doi.org\/10.31521\/modecon.V18(2019)-20 [in Ukrainian].<\/li>\n
  6. Piatnytska, G. & Fedulova, I. (2020). Financial safety of a country and an enterprise: definitions, interrelation and risks of providing. Efektyvna ekonomika<\/em>, 7. DOI: 10.32702\/2307-2105-2020.7.14 [in Ukrainian].<\/li>\n
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  8. Ukrajina uvijshla do p\u2019jatirky najbiljsh neshhaslyvykh krajin u sviti (15.01.2021). URL: https:\/\/www.bbc.com\/ukrainian\/news-55673127?at_custom3=BBC+News+Ukraine&at_medium=custom7&at_custom1=%5Bpost+type%5D&at_custom4=B6B67206-573F-11EB-9F71-E0690EDC252D&at_custom2=facebook_page&at_campaign=64&fbclid=IwAR3gfaLTgVQ6aOPcdXSPLy2tLBIGOJxusCYdiUu Oi0eFTCZ8T8b6iRZWf0M [in Ukrainian].<\/li>\n
  9. Khymych, I. (2020). Soft skills jak profesijna neobkhidnistj v suchasnomu biznes-seredovyshhi. Marketyngh v umovakh rozvytku cyfrovykh tekhnologhij: materialy III Vseukrajinsjka naukovo-praktychna internet-konferencija (Lucjk, 30 zhovtnja 2020 r.)<\/em>. Lucjk: IVV Lucjkogho NTU. 84-86. URL: http:\/\/elartu.tntu.edu.ua\/handle\/lib\/32947 [in Ukrainian].<\/li>\n
  10. Khymych, I. & Tymoshyk, N. (2019). Shhastja zalezhytj tiljky vid nas: jak zumity prystosuvatysja do realij zhyttja<\/em>. Ekonomichni, socialjni ta psykhologhichni aspekty marketynghovykh tekhnologhij. Ternopilj: FOP Shpak V.B. URL: http:\/\/elartu.tntu.edu.ua\/handle\/lib\/27916 [in Ukrainian].<\/li>\n<\/ol>\n

     <\/p>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received:<\/strong>10 February 2020<\/p>\n

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    Khymych I., Vynnyk T., Konstantiuk N., Tymoshyk N., Yuryk N. (2021). Enterprise Financial Security as an Anti-Crisis Management Method. Modern Economics<\/em>, 25(2021), 153-159. DOI: https:\/\/doi.org\/10.31521\/modecon.V25(2021)-24.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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    [vc_row][vc_column][vc_column_text] JEL Classification: D 12; G 30; P 43 DOI: https:\/\/doi.org\/10.31521\/modecon.V25(2021)-24 [\/vc_column_text][vc_column_text] Khymych Iryna, PhD (Economics), Associate Professor Department of Innovation Activity and Services Management, Ternopil Ivan Puluj National Technical University, Ternopil, Ukraine ORCID ID: 0000-0002-2728-2007 e-mail: khymyh31@gmail.com Vynnyk Tetiana, PhD (Economics), Associate Professor Department of Economics and Finance, Ternopil Ivan Puluj National Technical University,
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