Methodological approaches to determining the integrated state and margin of economic security with regard to its provision

Abstract

Purpose of the research. The article aims to develop methodological approaches to determining the integrated state and margin of economic security with regard to its provision. Methodology. The following general scientific theoretical methods are used in the study: generalization, explanation, grouping – to analyse economists’ and practitioners’ views on the object under study and draw conclusions upon analysis of primary sources; analysis and synthesis – to justify a new differentiated-integrated approach to economic security assessment; the matrix approach – to integrate the level of economic security and its temporal state and determine the margin of economic security. Results. The article presents methodological approaches developed to determine the integrated state of economic security of an enterprise. It is proposed to understand the integrated state of economic security as its value at a specific date of assessment determined considering the achieved level and temporal state of economic security at a given moment. The article presents a matrix approach to determining the current economic security and proposes an additional indicator of expediency of security provision measures based on the time criterion. The proposed methodological approach to determining the margin of economic security of the enterprise with regard to its provision is based on qualitative and quantitative approaches to its assessment. The approach involves comparison of the value of the level of economic security provision with the integrated state of security resulted from corresponding measures. Practical meaning. The use of the indicator of the margin of economic security with regard to its provision in practical activities of enterprises enables their management to consider beyond-control factors and on this basis make decisions on strengthening (acceleration) or, on the contrary, weakening and economy of implemented measures and programmes aimed to enhance economic security. Prospects for further research. Further research by the author is devoted to development of a methodology for determining the integrated state of medium-term and strategic economic security and, accordingly, identifying the margin of economic security that may occur when these types of economic security are provided.