Managing Economic Security of Metallurgical Enterprises under the Conditions of Transformation Changes in the Economy

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Date
2021
Journal Title
Journal ISSN
Volume Title
Publisher
Universidad de Almería, La Cañada de San Urbano, Spain
Abstract
ENG: The article proposes a method for assessing the level of economic security of metallurgical enterprises by the “pyramid of economic security”. It is based on priority components of economic security, selected for the enterprises under studies, such as the capability of resistance, risk reduction and economic succession, and established indicators of their causal relationships with exogenous and endogenous factors of influence. The assessment results allow differentiating the levels of the enterprise economic security; the practical application of the “pyramid of economic security” will provide a more realistic assessment of the enterprise’s economic security for prompt and effective response to urgent threats and possible risks. The authors have developed a model for assessing the effectiveness of economic security management in enterprises by the rate of changes in the enterprise economic succession; the model is based on the indicators of resource and impact decoupling, financial, social and eco-decoupling.
Description
T. Fonarova: ORCID: 0000-0001-7726-6999; M. Ivanova: ORCID 0000-0002-1130-0186
Keywords
economic security, risk, transformational change, competitiveness, modeling, КМ (ІПБТ)
Citation
Ivanova M., Tiutchenko S., Grosheleva O., Fonarova T., Ryzhkov E. Managing Economic Security of Metallurgical Enterprises under the Conditions of Transformation Changes in the Economy. Estudios de Economía Aplicada. 2021. Vol. 39, No. 5 : Special Issue: Innovation in the Economy and Society of the Digital Age. P. 1–12. DOI: 10.25115/eea.v39i5.5116.