Theoretical Approaches To The Study Of Financial Security Of Enterprise

Abstract

Over the past decades, the extensive literature on the importance of business in the economy has consistently shown that the creation of new industrial enterprises contributes to the economic prosperity of any country. While new enterprises play a dominant role in increasing competition in developing sectors, they are crucial for economic growth and innovation potential in many regions of the country. The economic situation of any country, first of all, depends on the level of financial stability of the production sector, the stable development of which is one of the main prerequisites for ensuring the power of the state economic system. The enterprise's financial security system is based on protecting its own financial interests from the impact of internal and external threats in order to ensure the effectiveness of its activities. Assessment of financial security is a particularly relevant issue of the development of an enterprise in conditions of political and economic instability, as well as the dynamics of micro and macro-environment factors that affect the enterprise's performance and its success on the market. The article summarizes modern domestic and foreign studies in the field of assessment of an enterprise financial security. During the study, the author used complex methods of analysis: concrete historical, comparative, logical. The basis of this article is the works of domestic and foreign scientists on the problems of an enterprise financial security in the Russian Federation and abroad.