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Structural and functional characteristics of economic security of industrial enterprise

Author

Listed:
  • Yurii Kravchyk
  • Tetyana Katkova

Abstract

The purpose of the article is to conduct a structural and functional analysis of the situation and substantiate on this basis the strategic priorities and measures to strengthen the economic security of industrial enterprises. The study emphasizes the relevance of substantiating new and better approaches to the analysis of structural and functional aspects of economic security of industrial enterprises. Emphasis is placed on the need to analyze such key functional and structural components of economic security of industrial enterprises as intellectual and personnel, technical and technological, institutional and legal, product, environmental, power, information and financial. The characteristic of a condition of these components at the analyzed industrial enterprise is given. The set of the most significant threats to the economic security of an industrial enterprise has been identified in three blocks: economic, financial and institutional. Threats to the economic security of an industrial enterprise are classified according to the level of their probability, the amount of damage, the integrated impact indicator and the type of threat. The strategic priorities of the policy of strengthening the economic security of the industrial enterprise have been identified, which have been agreed in accordance with the key security threats according to the target standards, main implementation measures, deadlines and responsible entities. The applied value of the research results is to apply the developed author's approach to obtain the necessary information and analytical basis for making sound management decisions in the field of strengthening the economic security of operation and development of industrial enterprises.The scientific novelty of the research results lies in the further development of theoretical and methodological and applied principles of analyzing the state of economic security of industrial enterprises, in particular in the connection of the obtained data and decisions that are made

Suggested Citation

  • Yurii Kravchyk & Tetyana Katkova, 2022. "Structural and functional characteristics of economic security of industrial enterprise," Innovation and Sustainability Articles, Innovation and Sustainability, vol. 2(1), pages 84-95, March.
    • Handle: RePEc:cve:innsjn:v:2:y:2022:i:1:p:84-95
    DOI: https://doi.org/10.31649/ins.2022.1.84.95
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