Year: 2025
Type: article
Abstract: Ensuring the financial security of agricultural enterprises plays a key role in ensuring the economic stability and development of the national economy. The financial security of an agricultural enterprise consists not only in its ability to respond effectively to potential threats and to create financial reserves to compensate for possible losses, but also in the implementation of management strategies aimed at minimising risks and preventing financial threats in the course of operations and implementing long-term economic strategies. The article demonstrates that the formation of an effective system of financial security of agricultural enterprises requires an integrated approach, which includes the integration of financial planning methods, mechanisms for monitoring and managing financial risks. The development and implementation of such a system involves the implementation of interrelated measures aimed at stabilising the financial position of agricultural enterprises, increasing their resistance to the impact of negative external factors and optimising the use of financial resources. The results of the study confirm that the key factor in ensuring the financial security of agricultural enterprises is access to finance, since it is financial resources that determine their ability to adapt in conditions of instability, introduce innovations and implement strategic investment projects. The study substantiates that the financial aspect of ensuring the security of an agricultural enterprise is realised through a set of measures aimed at reducing financial risks, rational management of financial resources and optimisation of the financial activities of an economic entity. One of the key areas for strengthening the financial security of agricultural enterprises is the development and implementation of an effective mechanism for risk prevention and rapid response to potential threats. The article concludes that ensuring the financial security of an agricultural enterprise requires an integrated approach that includes strategic planning, risk assessment and management, control of financial flows and the use of modern financial management tools. Such an approach helps to minimise financial threats and ensure the sustainable functioning of an enterprise in the context of economic instability and the impact of external challenges.
Source: Economics and Management
Author: Viktor Karbivskiy
Institution: Chernihiv Polytechnic National University
Language: English
Domain: Life Sciences
Open Access status: bronze
OpenAlex ID: W4410900502