FINANCIAL AND ECONOMIC SECURITY OF AGRICULTURAL ENTERPRISES IN THE UKRAINE

Nadiia  Davydenko; Natalia Wasilewska; Mirosław Wasilewski; Zoya Titenko

FINANCIAL AND ECONOMIC SECURITY OF AGRICULTURAL ENTERPRISES IN THE UKRAINE

2019

Nadiia Davydenko | Natalia Wasilewska | Mirosław Wasilewski | Zoya Titenko

The paper aims to assess the factors affecting the financial security of agrarian enterprises to create the proper conditions for the stable functioning of agricultural enterprises. The research period covers the years 2013-2016. Agrarian business management is currently affected by times of instability and uncertainty leading to an increase in economic and financial risks. The situation in agriculture requires addressing – forming a mechanism for the financial security of agricultural enterprises and developing a methodology for its evaluation. In the study, essence and structure of organizational support of financial security management as a critical component of economic security of agrarian enterprises was revealed. The main preconditions for providing financial security of agricultural enterprises through a prism of their financial status based on the achieved results of recent years are considered. The analysis of the leading indicators of financial security of agricultural development is carried out. Threats of an enterprise’s financial security are identified. Identifying financial security threats contribute to the timely application of adequate tools to minimize the effects of risks or maximize the factors that positively impact the financial performance of agrarian enterprises.

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