Diagnostics of financial and economic security of construction enterprises at various phases of the economic cycle
DOI:
https://doi.org/10.32347/2707-501x.2025.55(3).290-302Keywords:
economic security, construction enterprises, economic cyclicality, exogenous factors, endogenous factors, risks, threats, countercyclical management, strategic stability of enterprises, cyclical words, anti-crisis management, benchmarking, efficiency, innovative technologies, stakeholders, financial and economic stability, factors, stabilization of financial condition, economic diagnostics, toolsAbstract
The article comprehensively investigates the theoretical and methodological principles of diagnostics of financial and economic security of construction enterprises, taking into account the effect of cyclical fluctuations of the economy and the growth of the influence of exogenous and endogenous threats. It is substantiated that construction enterprises, charged at the expense of economic sectors, are characterized by increased sensitivity to the phase of the economic cycle, which is due to their capital-intensive nature, high dependence on investment activity, resource availability and the state of the financial market. It is shown that traditional methods of assessing financial stability do not provide sufficient accuracy in conditions of increased economic volatility, which increases the relevance of the formation of a comprehensive diagnostic toolkit.The study systematizes the factors that form the risk profile of construction enterprises at different phases of the economic cycle, and determines the specifics of the manifestation of financial, production, market, technosphere and strategic risks. A conceptual approach to the diagnosis of financial and economic security is proposed, which combines the methods of financial analysis, risk-oriented assessment, forecasting of cyclical changes, strategic analysis and digital analytics. The feasibility of using economic and mathematical models, financial flow assessment tools, scenario analysis and early warning systems to identify destabilizing trends and determine the level of enterprise stability is substantiated.The results of the study demonstrate that comprehensive diagnostics, adapted to the phase of the economic cycle, allows to increase the effectiveness of anti-cyclical and anti-crisis management, optimize the risk structure, ensure the balance of financial and economic decisions and strengthen the strategic stability of construction enterprises. The obtained conclusions can be used to form a system for monitoring financial and economic security, improve management practices in the construction industry and develop industry stabilization policies in conditions of uncertainty.
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