Economic aspects of corporate security

Abstract

After the fall of the Berlin Wall and the collapse of the Eastern Bloc as an integral part of the transitional processes, the process of dismantling of the welfare state took place almost invisibly. This process minimized the impact of institutional mechanisms in all spheres of human activity in both transition and developed capitalist countries. The process is particularly prominent in the sphere of social policy, but also in the business environment of business entities. Business entities under the pressure of globalization, which implies liberalization of trade and business, keep losing the protection of state institutions, which was implied earlier. The default privileged position on the domestic market and the protection of the business system from the hostile operation of competition is becoming a past. New business opportunities offered by the global market bring with it new challenges in terms of business success and survival on such a market. Corporations are forced to take into account a number of parameters that affect the results of their activities when planning and realizing their operations. A very important moment is the economic environment and the conditions of life and work of the users of their services, as well as the employees in the system. The concept of human security provides a good analytical framework for understanding new conditions and identifying important factors for business success.

Keywords

• economic security
• corporate security
• human security concept