Actual problems of innovative economy and law

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Modeling the assessment of economic security of food industry enterprises considering the probability of bankruptcy and operational efficiency

# 25 117-122 Download/view the full text of the article

УДК: 338.45:664:005.334:330.131.7

DOI: https://doi.org/10.36887/2524-0455-2026-1-25

Nikoliuk Olena,
Doctor of Economics, Professor Head of the Department of Public Administration and Administration
Odesa National University of Technology,
https://orcid.org/0000-0002-1665-0361
Kravchenko Yuliya,
Postgraduate student
Odesa National University of Technology,
https://orcid.org/0000-0002-3692-9167

Published: 19.01.26

The article examines the theoretical and methodological foundations and develops applied approaches to modeling the assessment of economic security of food industry enterprises under conditions of increasing economic instability. The relevance of a comprehensive approach to assessing economic security is substantiated, given the impact of wartime risks, disruptions to logistics chains, declining investment activity, and instability in the external environment. Attention is paid to the need to implement modern analytical tools to enable the timely identification of threats and to enhance enterprises’ adaptability to crisis conditions. Economic security is defined as a multi-component system that includes financial, production, resource, investment, innovation, and information components. An integrated approach to assessing economic security is proposed that combines indicators of financial stability, operational efficiency, and bankruptcy probability. A system of analytical indicators is developed, including liquidity, financial independence, profitability, and asset turnover ratios, as well as the application of bankruptcy prediction models (Altman, Springate, Taffler). The proposed model incorporates the probability of bankruptcy as a destabilizing factor, thereby improving the accuracy of diagnosing enterprises’ financial and economic conditions. The integral indicator of economic security is substantiated by normalizing the indicators and determining weight coefficients. It has been proven that the application of the integrated approach allows not only assessing the current level of economic security but also identifying potential threats and developing strategic development alternatives. The practical significance of the results lies in the potential to use the proposed model to improve management efficiency, strengthen financial stability, and enhance the competitiveness of food industry enterprises in an unstable economic environment.

Keywords: economic security, food industry, modeling, probability of bankruptcy, financial stability, operational efficiency.

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Quote article, APA style

Nikoliuk O. , Kravchenko Y. Modeling the assessment of economic security of food industry enterprises considering the probability of bankruptcy and operational efficiency. Actual problems of innovative economy and law. 2026. №1. 117-122 pp. https://doi.org/10.36887/2524-0455-2026-1-25

Quote article, MLA style

Nikoliuk O. , Kravchenko Y. Modeling the assessment of economic security of food industry enterprises considering the probability of bankruptcy and operational efficiency. Actual problems of innovative economy and law. https://doi.org/10.36887/2524-0455-2026-1-25