INTERNATIONAL SCIENTIFIC-PRACTICAL CONFERENCE
«ACTUAL ISSUES OF THE DEVELOPMENT OF THE SOCIAL SECTOR OF THE
ECONOMY: DOMESTIC AND FOREIGN EXPERIENCE»
ANDIJAN, UZBEKISTAN, MAY
2020
235
«Иқтисодиётнинг ижтимоий секторини ривожлантиришнинг долзарб масалалари: миллий ва хорижий тажриба»
«
Актуальные вопросы развития социального сектора экономики: отечественный и зарубежный опыт
»
Today,
Uzbekistan, which is confidently on the path of independent
development, is confidently moving towards a market economy. One of the key
issues facing him in this process is to increase the economic potential of industrial
enterprises. Therefore, in the Action Strategy for
the five priority areas of
development of the Republic of Uzbekistan in 2017-2021, further modernization of
industry through a qualitatively new stage aimed at accelerated development of
high-tech processing industries, especially high-value-added finished products based
on deep processing of local raw materials and diversification [1] has been identified
as an important task. In general, in recent years, our national economy has become
economically strong, emerged from the crisis and achieved sustainable growth in
many areas. As a result of radical reforms in all spheres of development of society,
including economic, political, social and cultural-educational spheres, many positive
changes have taken place in our country.
One of the most important conditions for ensuring the sustainable growth of the
enterprise and the formation of positive results of its financial activities is the
existence of an effective financial security system that will protect the enterprise from
external and internal threats. In the process of analyzing
the scientific literature, it
was determined that in economic theory the financial security of enterprises is
considered, as a rule, in two aspects, either as one of
the components of economic
security, or as an independent management object. At the level of business entities, a
comprehensive study of the essence of the concept of “financial security” as an
independent management object has not yet been reflected in modern literature and,
as a rule, is usually identified only as one of the elements of economic security. As an
independent object of research, the financial security of an enterprise has been
considered relatively recently.
The theoretical foundations
of financial security, as part of economic security,
are dealt with by many economists.
The Russian scientist Parfenova T. gives the following definition of “financial
security”: financial security is part of the general economic security of the company
and is a set of measures taken to protect businesses from internal and external
negative financial threats.[2]
Litvinenko A.N. and Novosyadlo E.V. give the following definition of
"financial security": financial security is a system of principles
and methods for the
development and implementation of managerial decisions related to ensuring the
protection of the company's priority financial interests from external and internal
threats.
But Lavrova Yu.V. interpreted as “an integral part of the economic security of
the enterprise, which consists in the existence of such a financial situation, which is
characterized by: a balance of financial instruments,
technologies and services;
resistance to threats; the ability of the enterprise to ensure the implementation of
financial interests, missions and tasks, with sufficient amounts of financial resources;
as well as focus on sustainable development of the enterprise. ” [3]