Theoretical and methodological foundations for studying the financial and economic stability of the work of Russian enterprises
Abstract. The article examines the essence of financial and economic stability of industrial enterprises and the main provisions of its assessment. The relevance of this issue in market conditions is undeniable. A stable enterprise is an enterprise that operates continuously, capable of resisting environmental disturbances without signs of loss of liquidity (solvency) in the foreseeable future. This state leads to the functioning of the enterprise in a stable and dynamic equilibrium with its operating environment. To maintain its financial and economic stability, an organization must have an effective self-monitoring (warning) system that would detect signals of deviations from accepted standards early enough (including the necessary level of financial stability) to take appropriate measures. Only in this case, the company`s activities will be based on a solid foundation, which will ensure sustainable growth. This determined the focus of this study, the main task of which is to find out the essence of financial and economic stability, features and criteria for its assessment. Scientific novelty of the research results: the author`s understanding of the essence of the term "financial and economic stability" is given, its difference from the definitions already existing in the economic literature is investigated. It should be noted that the interpretation of financial and economic stability proposed by the author is not trivial (the concepts of financial or economic stability are more common in the literature). Special attention in the article is paid to the system of self-control, which allows timely identification of signs of instability of the enterprise and eliminate them, which is a measure of the success of the work of the management personnel of the enterprise.
Keywords: financial and economic stability, financial condition, stability, stability evaluation indicators Highlights:
♦ the essence and the content of financial and economic stability is explored, as well as its relationship with the sustainability of the enterprise;
♦ the main approaches to assessing financial and economic stability are identified;
♦ the main directions for strengthening the stability of enterprises in market conditions are determined.
Elena M. Pimenova, Samara State University of Economics, Samara, Russia