Substantiation of the Risk Neutralization Mechanism in the Financial Security Management of Agricultural Enterprises

Author:

Davydenko Nadiia1ORCID,Wasilewska Natalia2ORCID,Titenko Zoya3ORCID,Wasilewski Mirosław4

Affiliation:

1. Department of Public Finance, State Tax University, 08200 Irpin, Ukraine

2. Department of Economics and Finance, Jan Kochanowski University in Kielce, 25-369 Kielce, Poland

3. Department of Finance, National University of Life and Environmental Sciences of Ukraine, 03041 Kyiv, Ukraine

4. Department of Finance, Warsaw University of Life Science—SGGW, 02-787 Warsaw, Poland

Abstract

In the context of the Ukrainian economy reforming and ensuring that economic activity is conducted in accordance with current global economic trends, special attention should be paid to solving the problem of neutralizing risks in the financial security management of agricultural enterprises. The purpose of this article is to substantiate the risk neutralization mechanism in the management of financial security for enterprises in the agrarian sector. In writing this article, we used scientific methods such as modeling (to determine the impact of a certain set of factors on the level of enterprises’ financial security), analysis and synthesis (to find out the reasons that cause changes in the studied indicators), tabular and graphical (to present the study results), and abstract and logical (to make theoretical and methodological generalizations). The study results presented in this paper are important for developing offers for neutralizing risks in the financial security management of agricultural enterprises.

Publisher

MDPI AG

Reference62 articles.

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2. Horiacheva, K.S. (2006). The Mechanism of Managing the Financial Security of the Enterprise [Mekhanizm Upravlinnia Finansovoiu Bezpekoiu Pidpryiemstva]. [Candidate Economy Sciences Thesis, Institute of Economics and Forecasting of the National Academy of Sciences of Ukraine]. (In Ukrainian).

3. Financial security of the enterprise: Classification of threats [Finansova bezpeka pidpryiemstva: Klasyfikatsiia zahroz];Lavrova;Econ. Anal.,2011

4. Kudrytska, Z.V. (2023, January 15). The System of Managing the Financial Security of the Enterprise [Systema Upravlinnia Finansovoiu Bezpekoiu Pidpryiemstva]. Efficient Economy. 1. (In Ukrainian).

5. Financial security of agricultural enterprises in the system of corporate management [Finansova bezpeka ahrarnykh pidpryiemstv u systemi korporatyvnoho upravlinnia];Davydenko;Econ. Agro-Ind. Complex,2013

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