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Financial stability as a factor of ensuring the economic security of an agricultural enterprise

https://doi.org/10.34020/1993-4386-2023-4-111-117

Abstract

The financial stability of an enterprise is a generalizing characteristic of its financial condition, describing the optimality of the property structure and sources of its formation, which is one of the categories of financial analysis. The increased dependence of enterprises on the action of external factors has indicated the need to consider increasing financial stability as one of the directions for strengthening the economic security of modern enterprises. The study is devoted to the study of the place of financial stability in the system of ensuring the economic security of an agricultural enterprise. An assessment of the financial stability of Russian enterprises in the agricultural sector was carried out, and a coefficient analysis of the financial condition of JSC OPH Tsentralnoye as an object of recommendations was performed. The results of the study showed the low financial stability of agricultural enterprises, which causes a decrease in their level of economic security and has a negative impact on the economic development of agricultural sectors. At the end of the study, recommendations are presented to improve the financial stability of agricultural enterprises as a factor in ensuring economic security.

 

About the Authors

О. V. Takhumova
Kuban State Agrarian University
Russian Federation

Takhumova Oksana Viktorovna – Candidate of Economic Sciences, Associate Professor of the Department of Economic Analysis

Krasnodar



E. V. Litvinenko
Kuban State Agrarian University
Russian Federation

Evgeniya V. Litvinenko – student

Krasnodar



L. A. Sokolova
Kuban State Agrarian University
Russian Federation

Liliya A. Sokolova – student

Krasnodar



References

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2. Bryantseva T. A., Dashevskaya E. V. Financial stability as a factor of economic security of an economic entity, Belgorodskii ekonomicheskii vestnik, 2020, No. 2 (98), pp. 174-180.

3. Vorotilova O. A., Pugacheva V. V. Financial stability – as the basis of economic security of the enterprise, Aktual'nye voprosy sovremennoi ekonomiki, 2020, No. 5. pp. 724-729. DOI: 10.34755/IROK.2020.19.40.009

4. Egai A. D., Muravyev S. R. Financial stability as the main element of the economic security system of a commercial organization, Aktual'nye voprosy sovremennoi ekonomicheskoi nauki [Actual issues of modern economic science], Proceedings of the X International Scientific Conference (Astrakhan, April 22, 2020), Astrakhan: Astrakhanskii gosudarstvennyi universitet, 2020, pp. 190-194.

5. Altsybeeva I. G., Sozinova A. A., Tsareva M. V. Analysis of the level of financial stability of agricultural organizations as an element of economic security and an attribute of socio-economic development, Ekonomika i predprinimatel'stvo, 2021, No. 7 (132), pp. 1339-1342. DOI: 10.34925/EIP.2021.132.7.244.


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For citations:


Takhumova О.V., Litvinenko E.V., Sokolova L.A. Financial stability as a factor of ensuring the economic security of an agricultural enterprise. Siberian Financial School. 2023;(4):111-117. (In Russ.) https://doi.org/10.34020/1993-4386-2023-4-111-117

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ISSN 1993-4386 (Print)