Methodical approaches to assessing the financial and economic security of business entities, taking into account the criterion of financial resource saving

Abstract

The purpose of the article is studying of the methods of financial security assessment, their approval on an example of the enterprises of machinebuilding and metallurgical branch, investigation of the advantages and lacks of the existent methodical approaches, composition of the own author method. Analysis of the main approaches of the enterprise’s financial security assessment permits to consider, that majority of scientists defines the financial security level by means of the integral index. The advantage of the appointed method is composition of all enterprise’s characteristics to the single index, and among the shortages we can point the calculation complexity, the absence of the single opinion among the authors concerning the selection of indicators and weight coefficients. The own author method of financial security assessment is offered in the article, also author defines it’s level, analyses financial state of the machinebuilding and metallurgical enterprises by means of G. Savitska, O. Tereshenko E. Altman models. Also author makes estimation of the results.

Authors and Affiliations

S. Yeletskykh, T. Svinarenko, K. Petrischeva

Keywords

Related Articles

Estimation of the efficiency of use of labour potential of industry taking into account the level of knowledge-intensive of its industries

In the article on the basis of the proposed methodology the assessment of labour potential of industry taking into account the level of knowledge-intensive of the main types of industrial activities is made. The moderate...

The influence of globalization processes on strategic development of human capital of industrial enterprises of Ukraine

It has been determined that one of the tools that allows rapid response to changes in the environment, the growth of competition in all spheres of activity is a balanced system of indicators. A characteristic feature of...

Formation of strategic budgets for effective use of human capital

As result of research, the methodical approach to the effective implementation of strategic indicators of a balanced system of an economic entity is improved, which is based on the results of using the synergetic effect...

New going near the change of mechanism of bonuses of specialists and leaders on the basis of estimation of their competitiveness

On the basis of the conducted researches it is established that enhancement of system of motivation of work of specialists and heads becomes one of the main factors of development of the entity in modern conditions. Auth...

Methodological analysis human capital management system under innovation activity

The authors propose a mechanism of human capital management industry in terms of innovative development. The essence of the mechanism is reduced to the regulation of elements of human capital based on innovation, dependi...

Download PDF file
  • EP ID EP560145
  • DOI 10.12958/1817-3772-2019-1(55)-94-102
  • Views 80
  • Downloads 0

How To Cite

S. Yeletskykh, T. Svinarenko, K. Petrischeva (2019). Methodical approaches to assessing the financial and economic security of business entities, taking into account the criterion of financial resource saving. Науковий журнал "Економічний вісник Донбасу", 1(55), 94-102. https://www.europub.co.uk/articles/-A-560145