Economic Security of Entrepreneurship: Specifics of Management in the Context of Financial Instability
Valery Nikolaevich Alferov1, Oleg Fedorovich Shakhov2, Elena Anatolievna Reznik3, Elena Valeryevna Vashalomidze4, Anna Anatolyevna Yurieva5
1Valery Nikolaevich Alferov, Financial University under the Government of the Russian Federation (Financial University), Moscow, Russian Federation.
2Oleg Fedorovich Shakhov, Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow, Russian Federation.
3Elena Anatolievna Reznik, Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow, Russian Federation.
4Elena Valeryevna Vashalomidze, Research Institute of Labor and Social Insurance, Moscow, Russian Federation.
5Anna Anatolyevna Yurieva, Market Economy Institute of RAS (MEI RAS), 47, Nakhimovsky Prospect, Moscow, Russian Federation.
Manuscript received on 5 August 2019. | Revised Manuscript received on 11 August 2019. | Manuscript published on 30 September 2019. | PP: 1396-1401 | Volume-8 Issue-3 September 2019 | Retrieval Number: B3566078219/19©BEIESP | DOI: 10.35940/ijrte.B3566.098319
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The efficient development of the national economy largely depends on the level of support for its economic security (ES) because an independent external and internal policy that meets national interests can be pursued only in this context. The purpose of the study is to analyze the features of managing the ES of a business entity in the context of financial instability (FI). The relevance of solving the problem of ES for entrepreneurship as a factor of the state’s ES is revealed in the article; various theoretical approaches to understanding the essence of ES for entrepreneurship, as well as FI of a business entity as a threat to ES for entrepreneurship are analyzed. Expert opinions on priority models for assessing the financial condition of a business entity are generalized on the basis of an expert survey, and international experience in preventing bankruptcy of business entities is analyzed to compass the purpose.
Index Terms: Bankruptcy, Econometric Model, Economic Security, Entrepreneurship, Financial Instability.
Scope of the Article: Software Economics