Modern methods of managing the economic security of an enterprise

Abstract

The article investigates existing methods for assessing the economic security of an enterprise. The article is of an overview nature. The justification is given that the main condition for the economic security of an enterprise is the ability to withstand existing and emerging hazards and threats that seek to cause economic damage to the enterprise or undesirably change the structure of capital, up to and including its liquidation. Ensuring the economic security of an enterprise is possible only on the basis of its financially sustainable development. It is justified that conditions should be created for the implementation of this financial mechanism, which would be able to adapt to the changing influence of the internal and external environment. Hence, there is a need for constant monitoring of financial security, which is predetermined by the objective need of each business entity in ensuring stable operation and achievement of the objectives of the activity. From this it follows that the level of economic security of an enterprise depends on how effectively its management is carried out and how managers are able to avoid possible threats and eliminate the harmful consequences of certain negative components of the external and internal environment. It was concluded that the approaches investigated are not absolutely acceptable for assessing the level of economic security of an enterprise, and also that the necessary approach to choosing methods of economic security of an enterprise should be based on the receipt of profit by the enterprise.