Volume 11 - Volume 11
Tools for Ensuring and Assessing the Economic Security of Enterprises of the Fuel and Energy Sector of the Northern Resource-Extracting Region Based on their Network Interaction
Abstract
he article outlines the role of the economy of the northern resource-extracting regions in the system
of national and economic security of the country, examines the current problems of the fuel and
energy sector that pose threats to the economic security of enterprises of the fuel and energy sector of
the northern resource-extracting region, as well as considers the need to apply new approaches to
the issues of ensuring the economic security of enterprises. The reasons and advantages of using
network interaction to neutralize the threats that have arisen in the industry are identified based on
the abstract-logical approach. The expert assessments, as well as tools for ensuring the economic
security of enterprises of the fuel and energy sector of the northern resource-extracting region, have
been developed using the methods of statistical and economic analysis. This concerns the developed
algorithm for assessing the economic security of an enterprise, a system of indicators, and threshold
values for economic security, criteria for determining the level of economic security, and a
corresponding conceptual model, allowing to quickly identify threats to the economic security of the
internal environment, near and far environment (network), identify strategies and measures to
maintain or improve economic security.
Paper Details
PaperID: 2146
Author's Name: Vadim Faruarovich Islamutdinov and Anastasiya Nikolaevna Ustyuzhantseva
Volume: Volume 11
Issues: Volume 11
Keywords: Economic Security, Fuel And Energy Sector Enterprises, Economic Security Indicators, Threshold Values, Network Interaction, Inter-Firm Cooperation, Northern Resource-Extracting Regions, Economic Security Model.
Year: 2021
Month: June
Pages: 782-798