MECHANISM OF MANAGEMENT OF THE FINANCIAL SECURITY OF THE ENTERPRISE

Abstract

механізм управлінняThe article considers the mechanism of financial security management of the enterprise, the influence of instability factors on the functioning of the enterprise, and possible steps to minimize these impacts. And, also the author identifies different approaches to determining a strategy to overcome adverse factors at different levels of instability. There are different stages of assessing the level of financial security of the enterprise, as well as, the importance of identifying the threat at each stage. The mechanism of financial security management is extremely complex in the sense that there are so-called fators that do not depend on the enterprise. While ensuring financial stability is a top priority because the further vector of development of the enterprise depends on it. Namely, such a factor of influence as instability, which is quite difficult to predict, gives a lot of space for research by scientists and the search for minimization of possible threats and improvement of preventive measures that will help in the future to quickly adapt to changes in the external environment. Since it is financial security that ensures the full development and activity of the enterprise that is extremely important to ensure it even from the time of adverse foreign economic conditions. One of these conditions may be military and political conflicts and other types of socio-economic instability. Since February 24, 2022, the security of many enterprises has been threatened by russia's military actions. For many entrepreneurs, it has become a challenge to ensure not only financial security but also physical security. Despite the difficult foreign economic situation, it remains important to maintain the economy at a sufficient level, to provide all the necessary conditions for the further functioning of business and enterprises. Improving the mechanism of financial security management at the enterprise will counteract the negative factors of the external environment, and will help keep the company afloat. Therefore, it is the solution of the problems of financial security management in conditions of economic instability that is becoming increasingly relevant.