Фінансово-кредитна діяльність: проблеми теорії та практики (Oct 2023)

STRATEGIZING DIRECTIONS OF FINANCIAL ASPECT DEVELOPMENT IN THE CORPORATE SECURITY SYSTEM OF AN INDUSTRIAL ENTERPRISE

  • Olena Serhiienko,
  • Natalia Volosnikova,
  • Yulia Yehorova,
  • Kateryna Makarchuk,
  • Natalia Sokolova

DOI
https://doi.org/10.55643/fcaptp.5.52.2023.4105
Journal volume & issue
Vol. 5, no. 52

Abstract

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The article develops and substantiates the concept of the financial strategy of the corporate insurance system. The scheme of formation of the financial strategy of corporate security at an enterprise is analyzed. It is proven that an important criterion for ensuring the effectiveness of the financial strategy of an enterprise corporate security system is to detail and specify its functions, which are divided into two components: the processes of formation and use of enterprise financial resources. It is emphasized that in order to implement an effective strategy for achieving competitive advantages, it is necessary to ensure the appropriate level of management system development which is capable of ensuring the integration of functional areas of its activity. The achievement of interaction and coherence of implemented measures in each of the areas of an enterprise activity should be coordinated according to the general strategy. It has been confirmed that the economic effect plays an important role in the economic development of the corporate security system. In addition, the requirement of consistency of material, financial, information and other types of resource flows of integrated logistics processes at enterprises is particularly relevant. We made the conclusion that one of the tasks of the corporate security system in terms of financial resource provision management is tracking the intensity and targeting of resource provision flows, forecasting costs and benefits when achieving mutual goals of both the corporate security system and local elements of corporate security.

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