THEORETICAL FOUNDATIONS OF FINANCIAL SECURITY OF THE ENTERPRISE

Abstract

The article is devoted to the research and generalization of the available research of scientists regarding the study of various approaches to the essence of the financial security of the enterprise, as a component of its economic security. Attention is focused on the fact that the search for new approaches to the formulation of the essence of financial security of the enterprise is quite important, and is due to the presence of a significant number of challenges facing enterprises in modern economic conditions. They mainly depend on objective and subjective factors of the external and internal environment. The interpretation of the financial security category as a component of economic security is considered. The hierarchical component was considered and it was determined that the financial security of enterprises plays a leading role in ensuring the effective development of enterprises. The multiplicity of approaches and definitions regarding the interpretation of the essence of financial security of the enterprise is highlighted and its detailing is carried out. The main goal of the research is the theoretical substantiation of the essence of the concept of financial security of the enterprise based on the analysis of existing approaches. In the research process, general scientific methods of scientific knowledge are used. In particular, scientific research methods are used: dialectics, abstract logic, analysis and synthesis of the system structure. The principles of research into the essence of the company's financial security were analyzed. In the process of research, it was determined that the main importance in ensuring the financial security of the enterprise is the formation of a financial security management mechanism, which involves defining the set of main elements that ensure the protection of its financial interests from various threats. The main elements of the management of the financial security mechanism of the enterprise are outlined, in particular systemic; development of a strategy for ensuring the financial security of the enterprise; flexibility; efficiency; constant analysis and research of the presence of real and potential threats in the internal and external environment. It is substantiated that the formulation of definitions of the financial security of the enterprise with the definition of certain main directions that determine the components of financial security, in order to develop and implement the financial strategy of the enterprise, which will contribute to the achievement of the general goals of the enterprise.