Financial Security of Economic Entities: Macroeconomic Aspects

Abstract

Throughout the post-reform period, the Russian economy was influenced by crisis processes, which significantly caused threats to the economic security of economic entities and its financial component. At the same time, financial difficulties of commercial organizations can be associated not only with the effects of periodic crises and systematic risks, but also with the effectiveness of business process management. This article examines the trends in changing the financial parameters of the activities of organizations in the non-financial sector of the economy, identifies the causes and consequences of negative changes in their financial condition that threaten economic security. The author considers the problem of the imbalance arising in the relations between banks and commercial organizations - potential and existing borrowers. The control of banking structures by the Central Bank has led to a reduction in commercial banks that implement high-risk operations. Inefficient activities of enterprises and organizations are virtually uncontrolled and regulated only by the institution of bankruptcy. A new trend in the activities of large corporations has been identified, which consists in diverting non-current assets into long-term financial investments, while allowing strategic miscalculations related to the possibility of innovative development.