Factor Of Economic Security Research Articles

Public management of economic development under the conditions of martial law and the post-war period as a factor of economic security and sustainable development of Ukraine

The article attempts to compare and systematize the experience of post-war reconstruction of Croatia, Serbia, and Iraq, in the very essence of their paradigms of reconstruction. The analyzed cases are refracted through the prism of the current war in Ukraine, in order to reveal actual situation in economic and sustainable development of the country and outline conceptual recommendations to apply in further processes of recovery, both in today state of armed conflict and in future reconstruction.

Optimal Control Strategies on Mobility for Preventing COVID-19 Transmission: A study with A Three-Patch Compartmental Model

Human mobility can be identified as one of the main factors that directly affect the spread of COVID-19. Accordingly, human mobility must be controlled in a proper way to deficit the spread of COVID-19 as the economy of a country depends on human mobility. Nevertheless, due to the lack of proper management of the lockdown restrictions, the economy of many countries has already suffered a severe decline. In this research, a compartmental model (SIR) has been presented using optimal control theory to deficit the spread of COVID-19. Thus, the districts of Sri Lanka were divided into three regions (three-patch), and two control variables, were used to control the normal human mobility within the region and between the region. Also, when designing the cost function, two competing factors which deficit the spread of COVID-19 and save the country's economy were considered. Furthermore, optimal solutions were obtained using the Pontryagin's maximum principle and the data related to the spread of COVID-19 in Sri Lanka from April 15 to May 15, 2021, have been used here. In this research, a lockdown policy has been mainly focused on formally imposing and removing lockdown restrictions to compromise both the competing factors of economic security and control the spread of disease. Based on the results, a clear idea could be obtained about the time limits that should be imposed lockdown restrictions within the region and between the regions. Consequently, it was apparent that starting the systematic removal of the lockdown limits within the regions and between the regions are approximately equal. Furthermore, effective reproductive number are used to check the spread of COVID-19. Hence, it can be assumed that the spread of disease is less when mobility controls are activated. The results which were obtained here can be used not only for COVID-19 but for any pandemic and endemic.

СТРАТЕГІЧНЕ УПРАВЛІННЯ БІЗНЕС-ПРОЦЕСАМИ ПІДПРИЄМСТВА НА ОСНОВІ РІВНЯ ЙОГО ЕКОНОМІЧНОЇ БЕЗПЕКИ

The purpose of the article is to study the identification of theoretical and practical aspects of strategic management of business processes of a modern enterprise based on the level of its economic security. For this purpose, the importance and necessity of taking into account the level of economic security of the enterprise for determining the further strategy of the development of a modern enterprise is outlined; analyzed the financial and economic results of the investigated enterprise and determined the level of its economic security; the factors and factors forming the current level of economic security of the enterprise under study are determined; to develop a strategy for the further development of the enterprise under study, taking into account the current level of its economic security. 
 It has been established that the economic security of a modern enterprise is formed under the influence of various factors of the macro- and microenvironment, which are dynamic in nature and determine its level. In this regard, the formation of the strategic development of the enterprise should be based on the current level of its economic security and be formed in the context of the prospects of protecting the enterprise from threats to its economic security. 
 As part of the conducted research, the main factors and factors shaping the level of its economic security have been established for "Solodka Mriya - Vinnytsia", and on the basis of this, an appropriate strategy for further development - a growth strategy - has been proposed. Within the framework of the proposed strategy, it is recommended to strengthen the technical and technological component, which will ensure the development of production and increase the efficiency of managing the economic security of the company under study.
 The scientific novelty of the conducted research is that: the system of strategic development of the investigated enterprise, which is based on the current level of its economic security, has been improved; received further development of the complex of strategic management of the investigated enterprise, taking into account its features and factors of economic security.
 The practical value of the obtained results is determined by the practical application of the proposed strategy for further development and a set of practical recommendations for increasing the level of economic security for "Solodka Mriya - Vinnytsia".

МЕТОДИЧНІ ПІДХОДИ ВИЗНАЧЕННЯ ТА ОЦІНКИ РЕСУРСНОГО ПОТЕНЦІАЛУ КРИТИЧНОЇ МІНЕРАЛЬНОЇ СИРОВИНИ УКРАЇНИ

Industrial and technological interest in critical (strategic) mineral raw materials, given their natural scarcity, is of key importance in the global economy. A country's (or region's) supply of raw materials is a factor of economic security, autonomy and an insurance against global crises. Global and regional analytical researches on the mineral resource assessment in the context of circular and resource efficient (low-carbon) economy development have revealed a number of problematic issues related to different methodological approaches to the assessment, classification, accounting and management of critical mineral raw materials (CRM). The standardization of such approaches for economically related regions is the way to create reliable critical mineral raw material supply chains and ensure sustainable economic development. In order to complete the outlined tasks, a wide range of studies has been used, including general scientific and special methods of scientific and applied research. In addition to general theoretical methods of analysis, statistics and systematization, a complex of methods of geological and technical-economic study of mineral raw materials has been used to achieve the set goal and complete specified tasks. Authors have attempted to define the concept of critical mineral raw materials by using basic criteria and methodical approaches of the United Nations Framework Classification (UNFC). Various classification systems used for the assessment and management of critical mineral raw materials have been considered. Practical experience of the UNFC application during the assessment of CRM resource potential in Ukraine (excluding hydrocarbons and groundwater) based on the list of the European Union has been presented. Considering the current state of the mineral raw material resource base of Ukraine, authors have suggested methodological tools for bringing the State Balance into compliance with the integrated systematic accounting in accordance with the UNFC. The analysis of the State Balance of Ukraine using the UNFC approaches has revealed primary prospects for the mineral and raw material base development, which are related to potential and perspective projects on 22 elements from the EU list of critical mineral raw materials. Ukraine possesses all the prerequisites to participate in European Union programs designed to create sustainable models of supply chains for various resources for the transition to closed-cycle zero waste consumption.

Poverty reduction as a factor of ensuring food security in Kazakhstan

Object: One of the key factors of economic security is the economic availability of food. This directly affects the problem of poverty reduction. Today, in Kazakhstan, the decline in real incomes of the population threatens the possibility of meeting the need for high-quality nutrition of citizens. The purpose of the study is to assess the level of poverty in Kazakhstan and develop measures to reduce it.Methods: The research methods were: systematic, the method of economic and statistical data processing, expert evaluation, the method of multidimensional comparative analysis of the level of poverty in the context of the regions of Kazakhstan and the republic as a whole.Findings: It is revealed that Kazakhstan ranks 32nd in the ranking of 113 countries in the world on food security. This is largely determined by the decrease in the availability of food products as a result of the lagging income of the population from the increase in food prices. The decrease in the economic availability of food occurs as a result of the increase in poverty indicators. The methodology for assessing poverty based on the consumer basket does not reflect the real picture and needs to be adjusted. The underestimation of the subsistence minimum directly determines the amount of social payments from the state budget for vulnerable segments of the population, which further aggravates the growth of the number of poor.Conclusions: Based on the analysis, a number of recommendations aimed at combating poverty, including organizational, legislative and financial instruments, are presented. In particular, it is proposed to revise the methodology for assessing the consumer basket; set the poverty line by the subsistence minimum, as is customary in most countries and recommended by international experts; develop state programs to promote youth employment; increase the responsibility of local executive bodies for the implementation of employment programs and the development of regional employment centers.

Tax Policy and its Role in Ensuring the Economic Security of the State

The objective orientation of economic security consists in the modern identification of external and internal threats and in the subsequent provision of stable functioning and sustainable development of the state. In this context, special importance is given to the tax policy pursued by the state. It is the tax policy that is able to ensure such economic development, in which socio-economic stability and the development of the state as a whole, its territorial entities, will become an inevitable condition. Tax policy, considered as a factor of economic security, ensures the maintenance of the integrity and unity of the financial system of the Russian Federation. At the same time, the properties possessed by the tax policy allow us to consider it as a component of the economic security of the state in various aspects, such as the resource factor of the state, the factor of interaction between the state and taxpayers, an instrument of influence on socio-economic processes. The implementation of the state’s tax policy is carried out through a tax mechanism, the elements of which, by communicating with each other, ensure the implementation of its directions. When conducting tax policy, an important aspect is the need to take into account risks in order to prevent and minimize them. To a greater extent, these risks are associated with the threat of loss of tax revenues of the state as a result of the activities of subjects of tax relations. Any unfavorable economic environment can increase risks, which will lead to negative consequences. In this regard, the implementation of tax policy should be based on the principles of efficiency and effectiveness, which will ensure a favorable business climate in the country and the investment attractiveness of the state.

Current risks of ensuring the economic security of enterprises under the conditions of digitalization

Nowadays, digitalization has spread its influence on all spheres of society; digital technologies contribute to a new level of global development and are a practical trend. A vital issue in digitalization is ensuring economic security at all levels and creating conditions for entrepreneurial activity. At the same time, business risks in the conditions of digitalization are increasingly uncertain. Therefore, the detection and identification of risks in the process of business activity is one of the most important tasks for ensuring economic security. The purpose of the publication is to reveal and identify modern risks that affect the provision of economic security of enterprises in the conditions of digitalization. The article examines issues related to identifying threats and risks to the economic security of enterprises in the conditions of digitalization and globalization of the economy and their management. The essence of the concept of "economic security" is defined, the mechanism of ensuring the economic security of the enterprise is defined, and the analysis of the impact of digitalization of business on ensuring economic security is determined. It is noted that under the conditions of digitalization, the economic security of the enterprise is affected by various risks; the essence of the concept of "risk" is substantiated, and the considered threats are related to the digital transformation of the enterprise in terms of internal factors of economic security: personnel, technologies, information environment, management, property, finances, as well as the risks caused by these threats and the defined measures for their prevention. The principal risks of economic security in the conditions of digitalization of business are determined, the principles of risk management are considered, and the effectiveness of the risk management system to increase economic security is considered. Digital transformation of the enterprise has a significant potential for economic growth and technological breakthroughs of business entities. It is noted that it is necessary to monitor economic security based on a risk-oriented approach in a timely manner and to model the organizational design for the company's stakeholders. Keywords: economic security, globalization, digitalization of business, digital transformation, threats, risks, risk management

ESSENCE AND CHARACTERISTICS OF THE CONCEPT "ECONOMIC SECURITY OF A HIGHER EDUCATIONAL INSTITUTION"

The article examines the essential characteristics of the concept of economic security of universities based on the use of resource, process, system and strategic approaches. The constituent elements of the studied conceptual apparatus are also presented, which made it possible to expand the theoretical basis of its interpretation. Based on the systematization of external and internal factors of economic security of universities, the existence of significant contradictions in their influence is emphasized.

Контуры факторов экономической безопасности региона

Dynamic changes in the external and internal environment of modern Russian regions increasingly require the reflection of the correct fragments of economic security in the structure of the development strategy of these regions and, ultimately, the formation of such an independent subsystem as the strategy of economic security becomes relevant. The development of a regional development strategy is traditionally based on the results of a comprehensive analysis, in which the identification of factors influencing development is associated with the use of a significant number of research methods, among which one can also find methods of correlation and regression analysis of secondary information (based on the analysis of a wide range of documents), and sociological methods of collecting and processing primary information (observations, surveys), and methods of structuring and ranking (expert assessments, building graphs and morphological matrices), and methods of organizing group work (nominal groups and other brainstorming options). The paper shows that in the process of strategic analysis it is advisable to single out three contours for determining the factors of economic security, the implementation of which ultimately allows reaching the most significant decisions regarding the economic security of the region.

Geopolitical risk and economic security: Exploring natural resources extraction from BRICS region

In the economic security and development race, industrialized and emerging economies target different economic and non-economic instruments to achieve higher economic growth and sustainable performance. Emerging economies are paying more attention to the extraction/utilization of natural resources to boost their economic growth. Therefore, the present study evaluates the influence of natural resources, geopolitical risk, and financial development on the economic growth of BRICS economies during 1991–2022. The panel cointegration tests asserted that the study variables are cointegrated in the long run. Using parametric and non-parametric approaches, the empirical results revealed that geopolitical risk and financial development are significant economic security factors boosting regional income. On the other hand, natural resources asymmetrically affect economic growth, where natural gas rents positively, while oil rents adversely affect economic growth. The robustness of the results is tested via augmented mean group and quantile regression approaches. Besides, there exists a two-way causal association between the variables. This study suggests the efficient extraction and use of natural resources, further reduction of the geopolitical risk, and improvement in the financial sector to attain sustainable development and secure economic growth.

Structural-hierarchical approach to the investment model of economic growth

The subject of the research is the investment model of economic growth, which in today's Russia is given significant attention at the government level. In a number of scientific studies, investments are interpreted as a significant factor of economic security. In line with this topic, the goal is to form an investment growth model that combines national economic growth goals, investment objectives, growth-driving industries, conditions and regulatory influences into a single structure. The article uses methods and means of structural, economic, causal analysis and predictive statistical estimates. The novelty of the research consists in substantiating and developing an investment model of economic growth in the form of a hierarchical structure that includes five levels: target level, task level, industry, factor and regulatory levels. The possibilities of filling the levels are shown by the example of Russia, taking into account today's sanctions realities. Attention is focused on the manufacturing industry. When filling in the industry level, it is concluded that it is advisable to take into account the index of economic complexity as an additional criterion for identifying industries-locomotives of growth. When filling in the factor level of the model, the dual nature of anti-Russian sanctions is shown, which, along with negative factors, also generate certain business opportunities. When filling out the regulatory level, a number of financial and investment measures are allocated (subsidizing investment projects, state support for loans, tax incentives) that are in demand by Russian business under sanctions. In terms of the country's technological security, industries are cited where dependence on imported components is particularly critical. Priority financial and investment support should be directed to overcoming critical dependence. The results obtained can be useful for information and analytical support of industrial policy. The proposed approach to the investment model of growth will help to streamline the basic components of decision-making within a single structure, taking into account cause-and-effect relationships and sanctions realities.

Modeling the factors of economic security of the regions of the Volga Federal District

Modeling the factors of economic security of the regions of the Volga Federal District

АНАЛІЗ ЧИННИКІВ ЕКОНОМІЧНОЇ БЕЗПЕКИ ДЕРЖАВИ В УМОВАХ ЗАГОСТРЕННЯ ГЛОБАЛЬНИХ КОНФЛІКТІВ

The article is analyzed the factors of economic security of the state in the conditions of the exacerbation of global conflicts. A leveled approach to economic security is singled out, which presents its hierarchical structure in the following form: mega level – global, international economic security; macro level – economic security of the national economy; meso level – economic security of the region and industry; micro level – economic security of enterprises and households. The six-level structure of economic security of Ukraine is considered. It is proven that each level of economic security has the formation of appropriate conditions to guarantee the proper level of functioning and development of each component, which are determined by certain limit values and meet the specified criteria. It was determined that globalization factors have a negative impact on economic security, including: a significant level of technological differentiation; weakness of the resource base; the disproportionality of the development of economies at the world level; a significant gap between commodity and financial markets; the growth of unemployment due to structural changes and new views on the quality of labor resources; deepening of social problems; increase in the number and exacerbation of existing armed conflicts; loss of national identity, etc. In addition, the main threats to economic security in modern conditions are highlighted: aggravation of military conflicts; significant level of corruption; instability of economic growth; a significant level of dependence of the national economy on the conjuncture of foreign markets; insignificant growth rates of the domestic market; low specific weight of products with a high share of added value; a significant share of the shadow economy. It is substantiated that the new model of economic security of Ukraine should take into account the actions of internal and external factors and be flexible from the point of view of space and time, that is, to face geopolitical and geoeconomic challenges. In addition, an effective model should consist of common conceptual foundations of global security and take into account the peculiarities of the national economy.

Общественно-географический подход к обоснованию границ экономической безопасности приграничного региона

Dramatic geopolitical and geo-economic changes occurring since 2022 have created a new development context for Russian border regions redrawing their economic security boundaries. The latter are also changing, which is understood as the required level of security in the current mode of functioning of the territorial system in terms of its openness or closeness. These regions, especially ones located along the northwestern borders, geo-strategically gain more military and political importance for Russia’s national security. Thus, changing boundaries of the border regions’ economic security require theoretical understanding and development of measures to ensure it. A socio-geographical approach to addressing this issue allows factoring in the regions’ spatial characteristics, in particular, the influence of the border factor. Highlighting the specific functions of border regions that distinguish them from the internal territories of the country, the paper presents a hierarchy of economic security factors. In terms of their content, we consider groups of general and specific factors, while in terms of the character of their impact — constructive (potential-forming) or destructive (potential-destructive). The study shows that the economic security boundaries for a particular territory are determined by the ratio of various groups of factors in establishing the operating regime of the region in terms of its openness or closedness as a territorial system. We use the example of the exclave Kaliningrad region to identify the leading border functions, analyze changes in the economic security boundaries and propose key action areas for ensuring it.

Strategic aspects of personnel management in media organizations under modern conditions with allowance for the factor of economic security

Aim.The presented study aims to investigate the features of strategic personnel management in media organizations in the context of weakening economic security at all levels of the Russian economy caused by the ongoing sanctions confrontation between Russia and the ‘collective West’.Tasks.The authors explore the essence of strategic personnel management in a media organization; analyze the types of human resources strategies and identify specific features of their implementation; conduct a PEST analysis of Russian media organizations and assess the impact of new political and economic factors on personnel management in them.Methods.This study uses the methods of generalization, graphical data interpretation, strategic and situational analysis, and expert assessments.Results.Due to the aggravation of the sanctions confrontation with the ‘collective West’, the external environment of Russian business organizations has changed recently. These changes are industry specific. For example, in the media industry, the impact of changes in the external environment is most clearly manifested in personnel management processes. In this regard, human resources strategies of media organizations need to be updated, revised, and transformed into combined strategies that would make allowance for the specific features of a particular organization and its personnel. It is established that the decisive factor for successfully changing the human resources strategy of a media organization is its internal ability to change quickly under the influence of surrounding events and circumstances without sacrificing management efficiency. The described approach makes it possible to ensure the economic security of a media organization.Conclusions.The potential decrease in employee loyalty and efficiency associated with concerns about wages and loss of income sources in the changing business environment can be compensated by actively involving employees in the assessment of the current situation and development of operational management measures. Due to the dynamic ongoing changes in the macro environment, the traditional office environment is being replaced by other forms of work that companies consider acceptable. This will not only improve the physical safety and psychological health of creative media personnel, but will also make it possible to promptly inform clients of news portals and television channels, quickly respond to provocations from opponents on social media, maintain equipment in working order on a 24-hour basis, etc. Managers of media organizations should cultivate the skill of managerial influence. Managerial skills developed by department heads as well as employees create an efficient working environment and form a sense of belonging among employees. The changing external environment makes it necessary to improve the strategy and personnel policy of the media organization by introducing a personalized approach to personnel management. Bearing in mind the rapid technological development of the media industry, retraining and advanced training of employees remains an important strategic aspect of human capital development in a media organization. This aspect requires increased attention from managers.

ОСОБЛИВОСТІ НАЦІОНАЛЬНОГО МЕХАНІЗМУ ЗАБЕЗПЕЧЕННЯ БЕЗПЕКИ ДІЯЛЬНОСТІ СУБ’ЄКТІВ ГОСПОДАРЮВАННЯ

The article is devoted to the topical problem of ensuring the economic security of organizations. The subject of research is the economic security of the enterprise. The author substantiates the need to ensure the economic security of the organization for its stable and sustainable development. The essence of economic security of economic entities is revealed as such a state of protection of the subject from internal and external factors, in which he most effectively uses his potential, while reducing or eliminating existing risks or other circumstances to protect against them and achieve the main goal commercial activity in a competitive market. A set of measures aimed at studying the internal and external adverse economic factors and risks. Thus, external threats include: lack of a clear concept, strategy and program of socio-economic development with realistically achievable goals or too populist in nature; permanent lag in development, inconsistency and imperfection of regulatory and legal support for economic regulation; too risky monetary policy of the state in the banking sector, in the stock and foreign exchange markets, inefficient tax system, etc. The internal factors of economic security of economic entities arising in the sphere of its economic activity include: violation of the regime of preservation of confidential information; selection of unreliable partners and investors; outflow of qualified personnel; inability to objectively assess the qualifications of staff and their competence; insufficient patent protection; significant miscalculations in tactical and strategic planning, associated with incorrect assessment of the company's capabilities, errors in forecasting the environment, etc. The main components of economic security of economic entities were considered. Different definitions of economic security of the organization based on different approaches are systematized. The concept of "economic security" is clarified and formulated.

АНАЛІЗ ЕНДОГЕННИХ ФАКТОРІВ ЕКОНОМІЧНОЇ БЕЗПЕКИ В СУЧАСНОМУ ВИМІРІ

The article examines modern features of the economic security factors formation at the micro level. The specifics of the division of factors affecting the economic security of economic entities into internal and external ones have been determined, and the specifics and nature of internal threats to economic security have also been clarified The importance of the influence of internal factors of the economic security of enterprises on the effectiveness of their functioning and the success of the market struggle is determined. The criteria for the division of economic security factors according to their individual directions have been determined, and the importance of comprehensive consideration of the influence of all factors in connection with the cumulative effect of their action has been proven. The modern specificity of the transformation of economic security factors of business entities is determined, which is connected with the general changes taking place in the global economic system under the influence of the intensive introduction of modern digital and information technologies into the practice of enterprises. The classification of potential dangers and threats to the economic security of economic entities, which are defined as endogenous factors, is considered and their essential characteristics are determined. It is proven that depending on the field of activity and the market situation, the influence of various factors on the economic security of the enterprise is determined in different ways, since in such conditions the level of influence on security has an individual character for each individual enterprise. It has been proven that threats to the economic security of economic entities change depending on the type of their activity. Therefore, each enterprise will have its own system of threats specific to this enterprise. In this regard, it has been proven that the main task of company managers, based on the specific situation in which the economic entity will find itself, is to identify the most dangerous threats and develop an effective system of measures aimed at their timely detection, prevention or mitigation.

ASSESSMENT OF THE COMPETITIVENESS OF MODERN HIGHER EDUCATION INSTITUTIONS BASED ON RESOURCE POTENTIAL

The modern economic environment has undergone significant changes, as a result of which classical approaches to ensuring the competitiveness of enterprises in the real and public sectors of the economy have proved unjustified. The changes in Georgia have increased the need for innovative development of all industries and economic activities, as innovation has become a key factor in competitiveness in the global market. In addition, the high competitiveness of the education system is becoming one of the factors of economic security of the state in the XXI century. The implementation of state policy in the social sphere is impossible without solving the problems of matching the interests of the society, the state, and the public sector, as well as setting the right priorities. All these problems can be solved by giving more freedom to these public sector institutions, creating an effective competitive environment, and developing mechanisms to assess their competitiveness. Monitoring the quality of their work facilitates the introduction of promising mechanisms to ensure competitiveness. When the public sector of the economy moves to a new format, these mechanisms ultimately act as a lever, determining the market opportunities of Georgian public sector organizations in the global economy and contributing to the growth of Georgia's innovative potential. Key words: State policy, education, innovations.

External factors of economic security of trade enterprises

Introduction. Analysis of Ukraine’s foreign trade shows that the country was in fact under the influence of Russia until 2014 (at that time the third largest trading partner). The armed conflict also occurred because Ukraine signed an Association Agreement with the EU, consolidating the country’s intentions to develop in the European Union and gradually reduce its economic dependence on Russia. Problem. In the conditions of hybrid dangers and martial law, the problem of identifying threats and applied tools to strengthen the economic security of the state, trade as its component became relevant. The aim of the study is to determine the factors influencing the external environment on the economic security of trade in Ukraine. Methods. The research was conducted using the methods of theoretical generalization, analysis and synthesis. Results. The economic interests of Ukraine in the current conditions of martial law, the main directions of their implementation are determined. The set of external factors influencing the economic security of enterprises is divided into three groups. Changes in Ukraine’s place in various rankings are shown, which demonstrates the impact of changes (or lack thereof) on the state of affairs in the country. Conclusions. Factors of the most negative impact on the country’s economy, including inter­national trade, are the war with Russia, corruption, the shadow economy.

Improving the methodology for analyzing the financial stability of the bank in order to increase economic security

Annotation. The subject of this article is the existing methods, both abroad and in the Russian Federation, in terms of analyzing the financial stability of banks as one of the factors affecting economic security in general. The modern legislation of the Russian Federation is analyzed in detail in terms of the methods used to analyze the financial stability of banks by the Bank of Russia. Attention is also paid to other existing methods: popular foreign methods, as well as the methodology created by the rating agency of Expert RA JSC. The most important theses on each of the considered methods are revealed, as well as shortcomings that require attention and improvement are revealed. The formal-logical method is used as the basis for the analysis of existing methods for the analysis of financial stability and systematization of the main provisions. A comparative method was also used in order to identify trends and shortcomings in the methods used. The article presents the author's reasoned position on the problem of analyzing the financial stability of a bank as a private factor affecting the overall financial stability of the system, as one of the factors of economic security. The scientific novelty of the article consists in the proposal to improve the methodology of the analysis of the financial stability of the bank in order to early prevent the occurrence of risk factors for the loss of financial stability by the bank, the importance of including the bank's business model in the analysis of accounting is determined. Based on the analysis, it is concluded that the existing methods in the Russian Federation require clarification and refinement, especially in terms of accounting for the analysis of the financial stability of banks of their business models. Taking into account this indicator will make it possible to identify inefficient banks from the point of view of their banking activities, and also raises the question of further development of such banks from a strategic point of view.