Use of time indices while evaluating enterprises’ economic security

Abstract

The article substantiates that the main stage while evaluating both the separate constituent and the entire economic security of the enterprise is to evaluate the time, which makes the enterprise lag behind with ensuring this security component and general desired level of economic security. It is determined that the time itself is not the mechanism for manifestation of regularities and tendencies, however, it accumulates the actions of the principal factors and expresses them through the trend levelling. The author accepts the suggestion that the influence of all the main factors can be shown on the time basis. The enterprise’s economic security is represented by the hierarchic structure, on the lowest levels of which its separate constituents are found, and the latter ones integrating establish other economic security types that are found on the highest levels of the hierarchy. In the situations, when the enterprise does not lag behind with ensuring a definite security level (evaluated through the determined planned and normative values of fixed security indicators), then the time deficit equals to zero. Consequently, it is proposed to evaluate the time stock for reaching a definite level by the economic security (the time for ensuring both the separate security constituents and the entire economic security as a whole). It is proposed to determine the general time by the amount of time necessary for reaching the determined values (standards, plans, etc.) by separate indicators of economic security and its constituents. It is described that when parallel ensuring the various constituents of economic security happens, then the searched time value will make not an amount, but the maximum from its corresponding values, necessary for the mentioned ensuring. The author determines that during the integration of the obtained time indices it is reasonable to apply two approaches in order to evaluate those economic security types, which are on the highest levels of its hierarchic structure. According to the first approach, it is proposed to determine the time indices on the basis of using the functions of trends, which characterize the actual internal tendencies of the processes analyzed, by time, their external manifestations obtained taking into consideration the corresponding coefficients of weight. In accordance with the second approach, the article proposes to use the time periods determined on the basis of prediction. It is proposed for the first time to determine the speed of changing indices – indicators of economic security.

Authors and Affiliations

Ie. V. Mishchuk

Keywords

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  • EP ID EP550863
  • DOI -
  • Views 86
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How To Cite

Ie. V. Mishchuk (2019). Use of time indices while evaluating enterprises’ economic security. Вісник Житомирського державного технологічного університету. Серія: економіка, управління та адміністрування, 87(1), 17-23. https://europub.co.uk./articles/-A-550863