Substantiation of principles of management of economic stability of agricultural enterprises

Abstract

The article considers the components of managing the economic sustainability of agricultural enterprises as an open system that is able to withstand the factors of the environment of its operation. It is argued that the resilience of economic entities should be considered as the ability of the production system under the influence of negative factors to return to normal and resist threats from their own and / or borrowed resources. It is established that the economic stability of the enterprise is a complex characteristic that characterizes the impact on the business entity of various external factors and internal changes, providing it with adaptability, flexibility, competitiveness, dynamism, efciency. It is substantiated that the economic stability of an agricultural enterprise is defned as a characteristic of maintaining its integrity and equilibrium functioning, in which economic and managerial decisions are able to regulate the main factors of steady state. It is proposed to consider the management of economic sustainability of agricultural enterprises as a system of management measures and actions aimed at anticipating the manifestation of crisis phenomena in economic activity and their detection at early stages, as a result it will be possible to maintain sustainable and creating new competitive advantages. It is argued that management decisions to restore or strengthen the economic stability of the enterprise should be based on the principles of adaptability, synergy, self-organization, advanced management, rapid response and rationality. Exogenous and endogenous factors that cause loss of economic stability of agricultural enterprises are systematized. It is proved that the economic stability of the enterprise can be restored only on the basis of the effectiveness of the management system of sound anti-crisis strategies that take into account the effects of external and internal environment. Measures, principles, tools and methods that form the mechanism of sustainable development management of the business entity are identifed. Key words: economic stability, balanced development, agricultural enterprises, management system, management process.