MODELING OF THE FINANCIAL AND ECONOMIC SAFETY MANAGEMENT MECHANISM FOR THE PROFESSIONAL PARTICIPANTS OF THE FINANCIAL MARKET WITH ACCOUNT OF GOVERNMENT IMPACT ON THIS PROCESS

Authors

  • Nataliia Zatshosova

Keywords:

management, financial and economic security, state regulation, financial market

Abstract

The inability to prevent and counteract the negative effects of external and internal threats to financial and economic activity for a long time remains a problem for the domestic business entities functioning concerning the full range of risks and threats to the environment.
The purpose of the study is to outline the perspective directions of modeling the financial and economic security managing mechanism for the professional participants in the financial market, taking into account the state’s influence on this process. In this article the elements of the architectonics of financial and economic security management mechanism for financial institutions are specified. They are proposed to include such components as organizational support, financial support, information provision, planning of security-oriented measures, tools for implementing protection measures, means for monitoring and control of the results, a system of security-oriented management decisions that are taken as a result of the protective measures application. The possibilities of national regulators influencing the process of financial institutions economic security management are described. The positive effects of state regulators intervention in the process of financial intermediaries financial and economic security management are forecasted for the institutions themselves, their owners and their clients. The peculiarities of managing the financial and economic security provision of various types of professional participants in the financial market are established taking into account the specific features of the purpose of their creation and strategic guidelines for conducting financial and economic activity.
Possibilities of the national regulators influence on the process of financial institutions economic security management consist in the ability of the latter to organize and implement the process of financial and economic security monitoring by financial intermediaries. The intermediaries allow to identify in a timely manner financial institution inclining to the bankruptcies and further to prevent social tensions and negative consequences for the financial security of the state in general, which will have place as a result of financial intermediaries’ liquidation and non-fulfillment of their financial obligations.

Published

2019-05-17