CORPORATE ECONOMIC SECURITY IN THE CONTEXT OF GLOBALIZATION AND DIGITAL TRANSFORMATION

Authors

DOI:

https://doi.org/10.32782/city-development.2026.1-26

Keywords:

corporate economic security, globalization, digital transformation, risk management, financial resilience, information security, corporate social responsibility

Abstract

In the current conditions of globalization and digital transformation of the economy, enterprises operate in an environment of increased turbulence characterized by growing macroeconomic, financial, and digital risks. Increased competition, the spread of information and communication technologies, more complex regulatory requirements, and the transformation of corporate governance models necessitate the formation of an effective corporate economic security system as a key condition for ensuring long-term business resilience. The aim of the research is to theoretically summarize the evolution of the concept of corporate economic security and to substantiate the current directions of its development in the context of globalization and digital transformation. The work uses methods of systemic and structural-functional analysis to study the relationships between elements of the corporate security system; a historical-logical approach to summarize the stages of the concept’s evolution; comparative analysis to compare classical and modern approaches; and a generalization method to form a modern interpretation of the concept’s meaning. It has been proven that the concept of corporate economic security has evolved from cost control and asset protection tools to a comprehensive risk management system that integrates financial, organizational, social, and digital components. It has been substantiated that in the context of digitalization, the importance of information security, compliance, corporate social responsibility, and macroeconomic adaptability of enterprises is growing. It has been established that the effectiveness of a corporate economic security system is determined by the consistency of strategic management, financial resilience, and digital integration of business processes. Further research should focus on developing integrated models for assessing digital and macroeconomic threats, improving methods for quantitative risk forecasting, and forming adaptive mechanisms for interaction between enterprises and state institutions in the system of ensuring corporate economic security.

References

Albuquerque R., Koskinen Y., Zhang C. Corporate social responsibility and firm risk: theory and empirical evidence. Management Science. 2019. Vol. 65. No. 10. P. 4451–4949. URL: https://pubsonline.informs.org/doi/10.1287/mnsc.2018.3043 (дата звернення: 26.08.2025).

Carroll A. B. The pyramid of corporate social responsibility: toward the moral management of organizational stakeholders. Business Horizons. 1991. Vol. 34. No. 4. P. 39–48. DOI: https://doi.org/10.1016/0007-6813(91)90005-G

Гудзь Ю., Шостаковська А., Майстренко Ю., Козинець А. Фінансові інструменти забезпечення економіко-екологічної безпеки підприємств. Сталий розвиток економіки. 2025. № 5 (56). С. 87–92. DOI: https://doi.org/10.32782/2308-1988/2025-56-12

Варналій З., Микитюк О. Корпоративна соціальна відповідальність як стратегічний чинник формування економічної безпеки в умовах системної невизначеності. Scientific Journal of Yuriy Fedkovich Chernivtsi National University. Economics. 2025. № 2. С. 22–29. DOI: https://doi.org/10.32782/ecovis/2025-2-3

Хандій О. О. Інноваційне управління як основа економічної безпеки: роль корпоративної культури. Економічний вісник Донбасу. 2025. № 2 (80). С. 135–142. DOI: https://doi.org/10.12958/1817-3772-2025-2(80)-135-142

Bobro N., Vasylieva N., Suvorova S., Golovina O., Hulinchuk R. Effectiveness of digital integration in the economy and society amid ongoing economic transformation. International Journal of Organizational Leadership. 2025. Vol. 14 (First Special Issue 2025). P. 145–158. DOI: https://doi.org/10.33844/ijol.2025.60469

Тимошенко Ю. О. Концептуальні підходи до дослідження грошово-кредитної політики у сучасній економіці. Здобутки економіки: перспективи та інновації. 2025. № 23. DOI: https://doi.org/10.5281/zenodo.17557469

Пасінович І., Гутак В. Фінансова безпека як складова економічної та корпоративної безпеки: теоретичний аспект. Економіка та суспільство. 2023. № 58. DOI: https://doi.org/10.32782/2524-0072/2023-58-24

Bobro N., Lisova R., Parfentieva O., Dmytrovska V., Kyrylenko S. Digital transformation for cost optimisation and sustainable business operations. European Journal of Sustainable Development. 2025. Vol. 14. № 2. P. 158. DOI: https://doi.org/10.14207/ejsd.2025.v14n2p158

Гук О., Федевич Л., Ливдар М., Бушовська Л., Близнюк А. Оцінювання ефективності державної політики розвитку малого й середнього бізнесу: фінансовий аспект. Financial and Credit Activity: Problems of Theory and Practice. 2024. № 1 (54). С. 174–187. DOI: https://doi.org/10.55643/fcaptp.1.54.2024.4265

Тимошенко Ю. О. Економічна стійкість держави в умовах кризових викликів. Modern Science: Research, Economy and Innovation. Collection of Scientific Papers with Proceedings of the 3rd International Scientific and Practical Conference. Zagreb, 22–24 October 2025. Zagreb : International Scientific Unity, 2025. P. 71–74. DOI: https://doi.org/10.70286/isu-22.10.2025.002

Albuquerque R., Koskinen Y., Zhang C. (2019) Corporate social responsibility and firm risk: theory and empirical evidence. Management Science, vol. 65, no. 10, pp. 4451–4949. Available at: https://pubsonline.informs.org/doi/10.1287/mnsc.2018.3043 (accessed 26 August 2025).

Carroll A. B. (1991) The pyramid of corporate social responsibility: toward the moral management of organizational stakeholders. Business Horizons, vol. 34, no. 4, pp. 39–48. DOI: https://doi.org/10.1016/0007-6813(91)90005-G

Hudz Yu., Shostakovska A., Maistrenko Yu., Kozynets A. (2025) Finansovi instrumenty zabezpechennia ekonomiko-ekolohichnoi bezpeky pidpryiemstv [Financial instruments for ensuring economic and environmental security of enterprises]. Stalyi rozvytok ekonomiky, no. 5 (56), pp. 87–92. DOI: https://doi.org/10.32782/2308-1988/2025-56-12 (in Ukrainian)

Varnalii Z., Mykytiuk O. (2025) Korporatyvna sotsialna vidpovidalnist yak stratehichnyi chynnyk formuvannia ekonomichnoi bezpeky v umovakh systemnoi nevyznachenosti [Corporate social responsibility as a strategic factor in shaping economic security under systemic uncertainty]. Scientific Journal of Yuriy Fedkovich Chernivtsi National University. Economics, no. 2, pp. 22–29. DOI: https://doi.org/10.32782/ecovis/2025-2-3 (in Ukrainian)

Khandii O. O. (2025) Innovatsiine upravlinnia yak osnova ekonomichnoi bezpeky: rol korporatyvnoi kultury [Innovative management as a basis of economic security: the role of corporate culture]. Ekonomichnyi visnyk Donbasu, no. 2 (80), pp. 135–142. DOI: https://doi.org/10.12958/1817-3772-2025-2(80)-135-142 (in Ukrainian)

Bobro N., Vasylieva N., Suvorova S., Golovina O., Hulinchuk R. (2025) Effectiveness of digital integration in the economy and society amid ongoing economic transformation. International Journal of Organizational Leadership, vol. 14 (First Special Issue 2025), pp. 145–158. DOI: https://doi.org/10.33844/ijol.2025.60469

Tymoshenko Yu. O. (2025) Kontseptualni pidkhody do doslidzhennia hroshovo-kredytnoi polityky u suchasnii ekonomitsi [Conceptual approaches to the study of monetary policy in the modern economy]. Zdobutky ekonomiky: perspektyvy ta innovatsii, no. 23. DOI: https://doi.org/10.5281/zenodo.17557469 (in Ukrainian)

Pasinovych I., Hutak V. (2023) Finansova bezpeka yak skladova ekonomichnoi ta korporatyvnoi bezpeky: teoretychnyi aspekt [Financial security as a component of economic and corporate security: theoretical aspect]. Ekonomika ta suspilstvo, no. 58. DOI: https://doi.org/10.32782/2524-0072/2023-58-24 (in Ukrainian)

Bobro N., Lisova R., Parfentieva O., Dmytrovska V., Kyrylenko S. (2025) Digital transformation for cost optimisation and sustainable business operations. European Journal of Sustainable Development, vol. 14, no. 2, p. 158. DOI: https://doi.org/10.14207/ejsd.2025.v14n2p158

Huk O., Fedevych L., Lyvdar M., Bushovska L., Blyzniuk A. (2024) Otsiniuvannia efektyvnosti derzhavnoi polityky rozvytku maloho y serednoho biznesu: finansovyi aspekt [Evaluation of effectiveness of state policy for small and medium business development: financial aspect]. Financial and Credit Activity: Problems of Theory and Practice, no. 1 (54), pp. 174–187. DOI: https://doi.org/10.55643/fcaptp.1.54.2024.4265 (in Ukrainian)

Tymoshenko Yu. O. (2025) Ekonomichna stiikist derzhavy v umovakh kryzovykh vyklykiv [Economic resilience of the state under crisis challenges]. In: Modern Science: Research, Economy and Innovation. Proceedings of the 3rd International Scientific and Practical Conference (Zagreb, 22–24 October 2025). Zagreb: International Scientific Unity, pp. 71–74. DOI: https://doi.org/10.70286/isu-22.10.2025.002 (in Ukrainian)

Published

2026-03-09

How to Cite

Tymoshenko, A. (2026). CORPORATE ECONOMIC SECURITY IN THE CONTEXT OF GLOBALIZATION AND DIGITAL TRANSFORMATION. CITY DEVELOPMENT, (1 (09), 219–224. https://doi.org/10.32782/city-development.2026.1-26

Issue

Section

Статті