Share:


Identification the ways of counteraction of the threats to the financial security of high-tech enterprises

    Vasil Franchuk   Affiliation
    ; Oleg Omelchuk   Affiliation
    ; Stepan Melnyk Affiliation
    ; Mykhailo Kelman   Affiliation
    ; Oksana Mykytyuk   Affiliation

Abstract

Identified key external and internal threats significantly affect the process of ensuring the financial security of the enterprise. The application of the mechanism of counteraction to the influence of external and internal threats is characterized by important. The mechanism for countering threats to the financial security of a high-tech enterprise, unlike existing ones, combines a certain essence and hierarchical ordering of the influence of key external and internal threats, involves targeted tracking of changes in the operational environment, identification of the moment of occurrence of threats, prediction of possible results of their implementation, regulating the choice of the established option actions (adaptive, active and protective), control over security, result from the application of which is the rapid adaptation to possible changes, to neutralize the negative impact of and response to threats of action in order to maintain the necessary level of financial security enterprise. The results of the study can be used in the practical activities of enterprises in the high-tech sector of the economy

Keyword : financial security, high-tech enterprises, threats, mechanism

How to Cite
Franchuk, V., Omelchuk, O., Melnyk, S., Kelman, M., & Mykytyuk, O. (2020). Identification the ways of counteraction of the threats to the financial security of high-tech enterprises. Business: Theory and Practice, 21(1), 1-9. https://doi.org/10.3846/btp.2020.11215
Published in Issue
Jan 13, 2020
Abstract Views
2586
PDF Downloads
1023
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

References

Arefieva O, Senkivskyi V, Shtangret A, Melnikov O (2011) Building models of key threats to the knowledge economy in Ukraine. Scientific Notes 2 (35): 52-67.

Biliomistniy O, Bilomistna I, Galushko Y (2017) Influence external and internal factors to financial security of enterprise. Financial and Credic Activity: Problems of Theory and Practice 1 (22). https://doi.org/10.18371/fcaptp.v1i22.109935

Burkaltseva D, Borsch L, Blazhevich O, Frolova E, Labonin I (2017) Financial and economic security of business as a primary element in the economic system. Revista: Espacios 38 (33): 3-20.

Britchenko I, Bohomolova N, Kravchenko O, Pinchuk S (2018) assessment of the determinats of financial security of railways in Ukraine. Financial and credit activity: Problems of Theory and Practice 4 (27). https://doi.org/10.18371/fcaptp.v4i27.154109

Davydenko N (2015) Genesis of enterprise financial security. Economic Processes Management: International Scientific E-Journal (2) http://epm.fem.sumdu.edu.ua/download/2015_2/2015_2_3.pdf

Haber J, Bukhtiarova A, Chorna S, Lastremska O (2018) Forecasting the level of financial security of the country on the example of Ukraine. Investment Management and Financial Innovations 15 (3): 304-317. https://doi.org/10.21511/imfi.15(3).2018.25

Khudoliei L (2018) Assessment of the level of financial security of machine-building enterprises of Zaporizhzhia region with the help of integral-rating method. Eureka: Social and Humanities (1): 38-45. https://doi.org/10.21303/2504-5571.2018.00546

Liamets V, Teviashev A (2004) System analysis. Introductory course (2 ed). Kharkov. National University of Radio Electronics, 448 p.

Metelenko N (2018) Conceptual model for assessing financial safety in the system of economic security of industrial enterprise. Management and entrepreneurship: Trends of Development 4 (06). https://doi.org/10.26661/2522-1566/2018-4/06-11

Novikov A, Novikova M (2014) Modeling of financial and economic security of transport enterprises based on factor analysis. Nauka ta Progress Transport 6 (54). https://doi.org/10.15802/stp2014/32769

Ramskyi A, Solonko A (2018) Mechanism of formation of financial security of an enterprise. European Scientific Journal of Economic and Financial Innovation European Association of Economists 1: 14-20. https://doi.org/10.32750/2018-0102

Rushchyshyn N, Nikonenko U, Kostak Z (2017) Formation of financial security of the enterprise based on strategic planning. Baltic Journal of Economic Studies (3): 231-233. https://doi.org/10.30525/2256-0742/2017-3-4-231-237

Saaiti T (1993) Decision making: hierarchy analysis method. Radio and Communication, 278 p.

Shtangret A, Sylkin O (2018) Anti-crisis mechanism of countering the impact of external and internal threats of the financial security of machine-bulding enterprises. Social Legal Studios (2): 123-131.

Vasyltsiv TH, Voloshyn VI, Vasyltsiv TH (Ed.) (2012) Financial and economic security of Ukraine: Strategies and mechanisms to ensure: the monograph. Lviv: Liha-Pres, 386 http:// lv.niss.gov.ua/content/articles/files/mono_2012-d47ce.pdf

Zwolak J (2017) The financial security of small- and medium-sized enterprises in Poland. Ekonomski Pregled 68 (4): 399-412.