ASSESSMENT OF FACTORS INFLUENCING THE ECONOMIC STABILITY OF AN ENTERPRISE IN CRISIS CONDITIONS
DOI:
https://doi.org/10.37332/2309-1533.2020.1-2.17Keywords:
Key words, economic stability, evaluation of economic stability, latent factors, financial components, production and economic components, investment components.Abstract
Sabadash L.O. ASSESSMENT OF FACTORS INFLUENCING THE ECONOMIC STABILITY OF AN ENTERPRISE IN CRISIS CONDITIONS
Purpose. The aim of the article is assessment and analysis of factors of internal and external environment that affect the economic stability of an enterprise in crisis conditions and determine among them positive and negative, destabilizing.
Methodology of research. The principal components method is used to determine the most influential factors of the internal environment by the three components (financial, industrial, economic and investment). It allows us to identify new generalized variables – components that reduce the dimension of the initial metric and form an orthogonal system of components in which the variances characterize the statistical properties of these components. The implementation of the principal component method in the Statgraphics Centurion statistical package made it possible to obtain the equations of the first components for each component, since they explain the major change in economic sustainability indicators according to the value of their relative contribution to the total variance of all attributes.
Findings. The influence of factors on the economic stability of the enterprise in crisis conditions is evaluated on the example of machine-building enterprises. As a result of the research, the impact of indicators on economic sustainability by the selected components is proved: financial, investment production and economic. The results of the conducted researches allow to conclude that all components of the assessment of economic resilience in crisis conditions are reflected in the highlighted factors.
Originality. The method of complex estimation of factors of influence on the economic stability of the enterprise in crisis conditions is developed, which combines scientific approaches and methods, which allows to develop strategic decisions aimed at and ensuring economic stability.
Practical value. The results of the study can be used in the formulation of strategic decisions aimed at ensuring the economic sustainability of industrial enterprises. It is expected that the results of the proposed assessment of economic sustainability will be useful during the conduct of practical, scientific and methodological seminars (trainings) on stimulating the exit of enterprises under the influence of crisis conditions.
Key words: economic stability; evaluation of economic stability; latent factors; financial components; production and economic components; investment components.References
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