Improvement Of The Financial Security Level Assessment Methodology For Retail Trade Organizations

Abstract

The article is devoted to the methodology for assessing the level of financial security of retail enterprises. It has now been established that the determination of the level of financial security of an enterprise can be carried out on the basis of indicators of the financial stability of activities. The existing system of indicators is generalized and does not take into account the industry-specific nature of the activities of enterprises. In the presented article, the object of research is the activities of retail trade enterprises. We tried to find out whether it is possible for such enterprises to use generally accepted indicators of financial stability as a basis for assessing the level of financial security. In the course of the study, we calculated indicators for forty-one retailers. The obtained values of the indicators made it possible to adjust the threshold values for the indicators, taking into account the industry specifics of the analysed organizations. We have proposed a refined system of indicators, which became the basis for assessing the level of financial security of retail trade organizations. The definition of this level was carried out by assigning a specific number of points to all indicators available in the system. The conducted research allowed us to improve the methodology for assessing the level of financial security for retail companies. The proposed methodology makes it possible to assess their level of financial security most correctly and taking into account the industry specifics of the activities of retail trade organizations.

The article is not prepared yet for the html view. Check back soon.

Copyright information

This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

About this article

Cite this paper as:

Click here to view the available options for cite this article.

Publisher

European Publisher

First Online

25.09.2021

Doi

10.15405/epsbs.2021.09.02.257

Online ISSN

2357-1330