FINANCIAL STABILITY OF AN ENTERPRISE AS A COMPONENT OF THE ECONOMIC SECURITY OF A BUSINESS ENTITY

Authors

DOI:

https://doi.org/10.32782/2786-8273/2026-12-21

Keywords:

financial stability, financial security, economic security, threats

Abstract

Introduction: The economic security of an enterprise is a fundamental condition for its stable functioning and development in today’s dynamic environment. In the context of military aggression, ensuring economic security becomes more than just a management task-it becomes a strategic necessity. Therefore, an effective internal policy of the enterprise must be aimed at creating conditions that allow it to withstand risks, adapt to external challenges, and maintain competitiveness. Purpose: To reveal the essence of financial stability and financial security, and to investigate the relationship between them; to analyze key threats to the economic security of business entities in modern conditions; and to propose measures to improve the financial stability and economic security of the enterprise. Methods: This article utilies general scientific research methods. Specifically, methods of induction and dedzuction, systemic and functional approaches, as well as analysis and synthesis, were applied. Results: The essence of financial stability and the financial security of an enterprise is revealed. The relationship between them is analyzed, noting that the effectiveness of the interaction and mutual influence of financial stability and security is reflected in the enterprise's financial flexibility. This flexibility is based on the ability to change the volume and structure of financing sources, as well as the directions of financial resource investment, under the influence of risks, threats, and hazards from both internal and external environments. It is proven that the economic security of an enterprise largely depends on the financial component and stability. It is substantiated that financial stability serves as the foundation for enterprise security and the ability to implement development strategies while minimizing the impact of risks and threats. Key threats to the economic security of business entities in modern conditions are analyzed, and measures to enhance financial stability and economic security are proposed. Conclusion: The economic security of business entities is a vital aspect of an effective internal policy, as it ensures stability, competitiveness, and the capacity for development. Enterprises that prioritize this area gain a strategic advantage, as they are able not only to function successfully in unstable conditions but also to utilize changes as opportunities for growth.

References

Ткаченко Є. Ю., Фатюха В. В., Яришко О. В. Фінансова стійкість підприємства: сутність та основи управління. Інфраструктура ринку. 2021. № 56. URL: http://www.market-infr.od.ua/journals/2021/56_2021/24.pdf

Стригуль Л. С. Теоретико-методичне забезпечення визначення фінансової стійкості підприємств різних ор¬ганізаційно-правових форм в умовах мінливого середовища. Науковий вісник Ужгородського національного уні-верситету. 2016. № 6 (3). С. 64–67.

Кремень В. М., Щепетков С. Я. Оцінювання фінансової стійкості підприємства. Актуальні проблеми економіки. 2011. № 1. С. 107–117. URL: https://core.ac.uk/download/pdf/141461094.pdf

Токмакова І. В., Девезенко С. В. Економічна безпека суб’єктів господарювання в умовах війни. Науковий журнал «Via Economica». Рівне, 2023. № 3. С. 91. DOI: https://doi.org/10.32782/2786-8559/2023-3-13

Зайченко К. С., Діма Н. І. Економічна безпека підприємства: сутність та роль. Електронне наукове фахове видання «Ефективна економіка». Одеса, 2021. № 5.

Пристемський О. С., Гривківська О. В., Сакун А. Ж. Теоретичні та методологічні аспекти економічної безпеки підприємств. Збірник наукових праць ТДАТУ імені Дмитра Моторного (економічні науки). Запоріжжя, 2023. № 1(47). С. 1 DOI: https://doi.org/10.31388/2519-884X-2022-1-47

Tkachenko, Ye. Iu., Fatiukha, V. V., Yaryshko, O. V. (2021) Finansova stiikist pidpryiemstva: sutnist ta osnovy upravlinnia. [Financial sustainability of the enterprise: essence and foundations of management]. Infrastruktura rynku, vol. 56. Available at: http://www.market-infr.od.ua/journals/2021/56_2021/24.pdf (in Ukrainian)

Stryhul, L. S. (2016) Teoretyko-metodychne zabezpechennia vyznachennia finansovoi stiikosti pidpryiemstv riznykh orhanizatsiino-pravovykh form v umovakh minlyvoho seredovyshcha [Theoretical and methodological support for determining the financial stability of enterprises of various organizational and legal forms in a changing environment]. Naukovyi visnyk Uzhhorodskoho natsionalnoho universytetu, vol. (3), pp. 64–67. (in Ukrainian)

Kremen, V. M., Shchepetkov, S. Ia. (2011) Otsinka finansovoi stiikosti pidpryiemstva [Assessment of the financial stability of the enterprise]. Aktualni problemy ekonomiky, vol. (1), pp. 107–117. Available at: https://core.ac.uk/download/ pdf/141461094.pdf (in Ukrainian)

Tokmakova, I. V., Devezenko, S. V. (2023). Ekonomichna bezpeka subiektiv hospodariuvannia v umovakh viiny [Economic security of business entities in war conditions]. Via Economica, (3), 91.

Zaichenko, K. S., Dima, N. I. (2021). Ekonomichna bezpeka pidpryiemstva: sutnist ta rol [Economic security of the enterprise: essence and role]. Efektyvna ekonomika, (5), 4.

Prystemskyi, O. S., Hryvkivska, O. V., Sakun, A. Zh. (2023). Teoretychni ta metodolohichni aspekty ekonomichnoi bezpeky pidpryiemstv [Theoretical and methodological aspects of economic security of enterprises]. Zbirnyk naukovykh prats TDATU imeni Dmytra Motornoho (ekonomichni nauky), 1(47), 1.

Published

2026-03-02

How to Cite

Tymots, M. (2026). FINANCIAL STABILITY OF AN ENTERPRISE AS A COMPONENT OF THE ECONOMIC SECURITY OF A BUSINESS ENTITY. The Ukrainian Economic Journal, (12), 135–138. https://doi.org/10.32782/2786-8273/2026-12-21