Open AccessValuation of the state of economic security of mining enterprises (on the example of security of property situation)
Author(s) -
Yevheniia Mishchuk
Publication year - 2020
Publication title -
ìnnovacìjna ekonomìka
Language(s) - English
Resource type - Journals
eISSN - 2310-4864
pISSN - 2309-1533
DOI - 10.37332/2309-1533.2020.1-2.26
Subject(s) - valuation (finance) , economic security , hierarchy , economic indicator , business , computer science , environmental economics , economics , accounting , economic growth , macroeconomics , market economy
Purpose. The aim of the article is improving the methodological approach to assessing the state of economic security of enterprises.Methodology of research. The following methods are used to achieve this goal, namely: generalization - to analyze the views of economists on the object of study and formulate the conclusions of content analysis of primary sources; analysis and synthesis - to find out the main scientific categories of the study, to clarify the indicators of security of property; trend extrapolation - to determine the periods during which the thresholds of property-security indicators can be reached.Findings. It is taken into account that the values of indicator indicators of the corresponding types of economic security of an enterprise change at different speeds. It is proposed to determine the average period of time, weighted by the rate of change of indicators-indicators of security types of the lowest level of the hierarchy to assess the status of individual types of security located at the highest levels of the hierarchy in the overall structure of economic security. For this purpose, it is proposed to build two types of trends. The first is the trend of each individual indicator, and the second is the industry average trend of each indicator, defined for all enterprises in the industry.It is shown that if both trends are dipping (with the desired growth dynamics), then to determine the state of economic security of the enterprise, it is necessary to build a reverse trend. This trend characterizes the dynamics of the indicator from the last reporting year of the study to the initial one. In this case, the period in the past is determined when the indicator was equal to its threshold value. The proposed methodological approach is presented on the example of assessing the security status of the property status of Ukrainian mining enterprises. It is revealed that the state of most of them during 2017-2018 characterized as satisfactory and only in some cases as good.Originality. The methodological approach to assessing the state of economic security of an enterprise is improved, which, unlike existing ones, takes into account the rate of change of values by indicators-indicators of economic security and allows us to evaluate the periods when they reach their threshold values.Practical value. The proposed methodological approach to assessing the state of economic security allows us to draw conclusions about the need for managerial decisions to improve it. In particular, it is revealed that urgent measures are required by JSC “South-West Mining Plant”, OJSC “KZhRK” and PJSC “ZHRK”.Key words: security of property status; economic security; threshold period; trend, speed.