Enterprise financial security as a component of the economic security of the state
-
Author(s)Ganna BlakytaLink to ORCID Index: https://orcid.org/0000-0001-7843-7120
,
Tetiana GanushchakLink to ORCID Index: https://orcid.org/0000-0002-7391-3308
-
DOIhttp://dx.doi.org/10.21511/imfi.15(2).2018.22
-
Article InfoVolume 15 2018, Issue #2, pp. 248-256
- Cited by
- 1281 Views
-
304 Downloads
This work is licensed under a
Creative Commons Attribution 4.0 International License
The article deals with problems of economic and financial security ensuring both in companies and state. The Corruption Perceptions Index has been analyzed as one of the most important indicators in this sphere. The following research methods have been used: generalizing theoretical knowledge, comparison method, method of analysis and synthesis, statistical analysis, factual analysis. The authors give their own definitions to such concepts as “security”, “financial security of the enterprise”, “economic security of the enterprise”. There have been also systemized the threats to the economic security of the enterprise, as well as means of its strengthening. The rating of Ukraine according to the Corruption Perceptions Index has been identified. Also, the perspectives of future research have been defined.
- Keywords
-
JEL Classification (Paper profile tab)D73, O17
-
References28
-
Tables3
-
Figures3
-
- Figure 1. Corruption level in various spheres and institutions in Ukraine, 2016
- Figure 2. Cases of swindling disclosures at Ukrainian enterprises, 2016
- Figure 3. The factors promoting swindling at Ukrainian enterprises, 2016
-
- Table 1. The authors’ approaches to the definition of “security” and relevant terms
- Table 2. Aspects of the economic and financial security strengthening of the enterprise
- Table 3. Corruption Perceptions Index, 2017
-
- Ackroyd, P., & Marsden, S. (2006). Enhancing security culture – simple, effective approaches to making improvement. Greenstreet Berman.
- Alkema, V. H. (n.d.). Теоретико-методологічні засади розвитку системи економічної безпеки логістичних утворень [Teoretyko-metodolohichni zasady rozvytku systemy ekonomichnoi bezpeky lohistychnykh utvoren].
- Biloshkurska, N. V. (2011). The resource component index formation of the economical organizational mechanism of the economical safety of the enterprise in Cherkassy Region, Ukraine. Notes of Chernivtsi Trade and Economy University. Economical Sciences, 4(44), 154-158.
- Blank, I. A. (2004). Управление финансовой безопасностью предприятия [Upravlenie finansovoi bezopasnostyu predriyatiya] (784 p.). Kiev: Elga. Nika-Tsentr.
- Bolbotenko, I. V. (2012). Системоутворюючі чинники економічної безпеки суб’єктів аудиторської діяльності [Systemoutvoruiuchi chynnyky ekonomichnoi bezpeky subiektiv audytorskoi diialnosti]. Vcheni zapysky Universytetu “KROK”, 2(32), 170-180.
- European Commission (2018, April). Countries and regions.
- Glavkom (2017). Україна посіла перше місце за рівнем корупції – рейтинг Ernst&Young [Ukraina posila pershe mistse za rivnem koruptsii – reitynh Ernst&Young].
- Kartuzov, Ye. P. (2012). Вплив ризиків і загроз на стан фінансової безпеки підприємств [Vplyv ryzykiv i zahroz na stan finansovoi bezpeky pidpryiemstva]. Aktualni problem ekonomiky, 9(135), 115-124.
- Kinakh, A. K., Krutov, V. V., Laptev, S. M. et al. (2009). Концепція економічної безпеки антикризового управління економікою України. Науково-аналітична доповідь [Kontseptsiia ekonomichnoi bezpeky antykryzovoho upravlinnia ekonomikoiu Ukrainy. Naukovo-analitychna dopovid] (64 p.). Kyiv: “Dorado-Druk”.
- Kopytko, M. I. (2015). Комплексне забезпечення економічної безпеки підприємств [Kompleksne zabezpechennia ekonomichnoi bezpeky pidpryiemstv] (478 p.) (Doctoral dissertation). Kyiv.
- Kovalchuk, A. V., Bilomistna, I. I. (2014). Estimation of the financial safety state on the basis of economy-mathematical modelling. Science notes of Kherson State University, 4, 28-32.
- Kovbel, A., Yefremov, S. (n.d.). Отчёт по результатам исследования 130 компаний в Украине [Otchet po rezultatam issledovaniya 130 kompaniy v Ukraine].
- Kulish, A., Petrushenko, M., Reznik, O., & Kiselyova, E. (2018). The relations unshadowing in business activities: the economic and legal factors of security at the macroeconomic level. Problems and Perspectives in Management, 16(1), 428-436.
- Lawrence, M. (2013). Three approaches to security: prevention, protection and resilience.
- Liutak, O., Kravchuk, O. (2013). Economic security of enterprises in the context of national security of the state.
- Menggang, Li (2013). Research on Industrial Security Theory (442 p.). Springer Heidelberg. New York Dordrecht London.
- Nusinova, O. V. (2011). Estimation of the financial safety of the enterprise on the basis of owners’ interests. Academic Review, 2(35), 60-64.
- Orlova, V. V. (2011). Ідентифікація загроз фінансовій безпеці підприємства [Identyfikatsiia zahroz finansovii bezpetsi pidpryiemstva]. Naukovyi visnyk Natsionalnoho lisotekhnichnoho universytetu, 21.13, 267-272.
- Ostapiuk, N., Karmaza, O., Kurylo, M., & Timchenko, G. (2017). Economic security in investment projects management: convergence of accounting mechanisms. Investment Management and Financial Innovations, 14(3), 353-360.
- PrivatBank (n.d.). Кадрова безпека [Kadrova bezpeka].
- PwC (n.d.). Forensic services – Investigations.
- Raczkowski, K., Schneider, F. (2013). The economic Security of Business Transactions. Management in business (448 p.). Oxford: Chartridge books.
- State Financial Monitoring Service of Ukraine (2016). Звіт про проведення національної оцінки ризиків за 2016 рік [Zvit pro provedennia natsionalnoi otsinky ryzykiv za 2016 rik].
- Sytnyk, H. (2017). Preliminary assessment of implementing the economic part of the National Security Strategy of Ukraine. Problems and Perspectives in Management, 15(4), 24-37.
- Transparency International Ukraine (n.d.). Індекс сприйняття корупції у світі [Indeks spryiniattia koruptsii u sviti].
- Varnalii, Z. S. (Ed.) (2009). Економічна безпека: навч. посіб. [Ekonomichna bezpeka: navch. posib.] (647 p.). Kyiv: Znannia.
- Wei Bu (2015). Research on China Industrial Security Early Warning Based on BP Neural Network.
- World Economic Forum (n.d.). Global Competitiveness Report 2017-2018.
-
Perceived health risk, online retail ethics, and consumer behavior within online shopping during the COVID-19 pandemic
Yuniarti Fihartini ,
Arief Helmi ,
Meydia Hassan ,
Yevis Marty Oesman
doi: http://dx.doi.org/10.21511/im.17(3).2021.02
Innovative Marketing Volume 17, 2021 Issue #3 pp. 17-29 Views: 4454 Downloads: 1707 TO CITE АНОТАЦІЯThe risk of virus contracting during the COVID-19 pandemic has changed consumer preference for online shopping to meet their daily needs than shopping in brick-and-mortar stores. Online shopping presents a different environment, atmosphere, and experience. The possibility of ethical violations is higher during online than face-to-face transactions. Therefore, this study was conducted to investigate the influence of perceived health risk and customer perception of online retail ethics on consumer online shopping behavior during the COVID-19 pandemic, involving seven variables, namely perceived health risk, security, privacy, non-deception, reliability fulfillment, service recovery, and online shopping behavior. The data were collected through an online survey by employing the purposive sampling technique to a consumer who has shopped online during the COVID-19 pandemic in Indonesia. 315 valid responses were obtained and analyzed through quantitative method using SEM-Amos. The results showed that perceived health risk and four variables of online retail ethics including security, privacy, reliability fulfillment, and service recovery affected online shopping behavior. Meanwhile, non-deception was found to have an insignificant effect. The coefficient value proved perceived health risk to be more dominant in influencing online shopping behavior than the variables of online retail ethics. Thus, consumers pay more concern for their health during online shopping. However, positive consumer perceptions of the behavior of online retail websites in providing services also can encourage consumers to shop online during this pandemic.
-
Business dynamism in the world economy
Zuzana Virglerova ,
Felice Addeo ,
Eliska Zapletalikova
doi: http://dx.doi.org/10.21511/ppm.18(3).2020.14
Problems and Perspectives in Management Volume 18, 2020 Issue #3 pp. 160-169 Views: 2788 Downloads: 313 TO CITE АНОТАЦІЯThe creation and growth of new enterprises and, on the other hand, their decline and market exit are crucial factors of business dynamism and economic growth. Thus, business dynamism is an important aspect in the market chain and productivity of an economy, as well as a trigger for market reforms. The aim is to analyze business dynamism using Global Competitiveness Index 4.0 and its variables worldwide and to verify the relationship between business dynamism in the EU states and economic characteristics such as Valued added at factor cost, Enterprise Birth Rate and Enterprise Death Rate. Data were collected from the 2019 Global Competitiveness Report and from the EUROSTAT database, using the most recently updated source for each indicator. The 11th pillar of the Global Competitiveness Index, focused on business dynamics, and a set of indicators were analyzed using PCA to verify if all the variables are effective representatives of the concept. It was found out that the pillar does not effectively represent the concept of business dynamism in case of the EU countries; therefore the new pillar was constructed. A strong and statistically significant correlation between business dynamism and Value Added was confirmed. A relationship between business dynamism and other economic indicators was not proven. From a territorial point of view, Oceania achieved the best overall result in the analyzed field. The process of starting a new business is the most challenging in terms of start-up costs in South America. By contrast, the EU has reached the best result in this process.
-
State financial assistance within Lesotho Maseru’s small, medium and micro enterprises
Public and Municipal Finance Volume 6, 2017 Issue #4 pp. 7-14 Views: 2005 Downloads: 293 TO CITE АНОТАЦІЯSmall, Medium and Micro Enterprises (SMMEs) function in both the micro and macro environments, and are subject to internal and external forces in most economies. The monitoring of the external and internal factors and vital strategies by SMME owners and stakeholders including government and supporting institutions is necessary to attempt a reduction in their failure rates. Literature supports this proposition in the development of SMMEs.
The aim of this study was to analyze the environmental factors that result in a low rate of success and a high failure rate of SMMEs in Maseru the capital city of Lesotho. Primary data for this study was collected through questionnaires which were distributed to a sample of 250 SMMEs owners, however, only 180 respondents completed and returned questionnaires, which were then used for data analysis. The data was analyzed using the Statistical Package for Social Sciences (SPSS21). The findings revealed that there still persists inadequacy in financial assistance and the need to develop a financial strategy by the state. Government key intervention is proposed to enable growth and development in a sector that sustains job creation and poverty reduction through financial strategy. Further research on how the sector establishes support is also proposed.
