Received: 2019-09-17  |  Accepted: 2020-03-22

Title

Economic security management at industrial enterprises: a case study


Abstract

The article aims to identify destabilizing factors of economic security and to elaborate recommendations aimed to improve the efficiency of the development of Kazakh enterprises. The authors have used methods of theoretical research, analysis and synthesis, as well as methods of concretization and analogy and an expert survey conducted with their direct participation.Results of the conducted research show that there is a relatively favorable economic environment in industrial production in the Republic of Kazakhstan. However, according to the expert survey, business activity, liquidity and profitability have been falling at many industrial concerns. Among destabilization factors restricting the operation of industrial enterprises, the following dominate: insufficient demand for manufactured products, deficit of own financial resources, tougher market competition and macroeconomic uncertainty. Even though this study mainly covers a range of issues related to Kazakhstan, its conclusions are of interest for the development of an economic strategy at enterprises that operate in other emerging economies.


Keywords

productive indicators, cost efficiency, threats, risks, financial stability, economic security, organizations


JEL classifications

L10


URI

http://jssidoi.org/jssi/papers/papers/view/531


DOI

10.9770/jssi.2020.9.4(4)

Authors

Alpysbayev, Kaisar Serikuly
Kainar Academy
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Gridneva, Yеlena Evgenevna
Kainar Academy
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Kaliakparova, Gulnar Shaimardanovna
Kainar Academy
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Saparbayev, Abdizhapar Djumanovich
Kainar Academy
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Assanova, Sara Sarsebekovna
Kainar Academy
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Title

Journal of Security and Sustainability Issues


Issue date

2020


ISSN

ISSN 2029-7017 (print)
ISSN 2029-7025 (online)

Cited

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