DEVELOPMENT OF A METHODOLOGY FOR ASSESSING THE FINANCIAL SECURITY OF SPECIALIZED DEVELOPERS
One of the key tasks in the housing construction market is to ensure the reliability of the developer. The transition to the project financing mechanism requires specialized developers to comply with financial stability within the established standards. In modern economic conditions, to disclose the financial position of a company in the construction industry, a more comprehensive analysis is needed, including not only indicators of financial stability. The author adapted the financial security assessment model based on the indicator approach for specialized developers. The information base was the data of the portal of the Unified Register of developers, taking into account a specific territory (Bryansk region). The formulated and tested model made it possible to assess the financial security of the largest enterprises of the construction industry in the region, draw appropriate conclusions and offer management solutions within the framework of issues of various indicators.
Keywords: financial security of construction industry enterprises, threats to the financial security of specialized developers` enterprises, financial security indicators.
Highlights:
♦ the indicator approach for determining the financial security of specialized developers is justified;
♦ the analysis of the financial security of regional specialized developers is carried out;
♦ the problem areas of management of the construction industry entities are identified;
♦ the directions of strengthening financial stability and achieving financial security are proposed.
Victoria N. Kosyanova, Candidate of Economics, Associate Professor of the Department of Public Administration, Economic and Information Security of the Bryansk State University of Engineering and Technology.