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Biotechnological approach to the analysis and prognostication of the financial stability of the enterprise

Author

Listed:
  • Petr Ogorodnikov

    (Orenburg Branch of the Institution of the Russian Academy of Sciences)

  • Vsevolod Perunov

Abstract

The article considers an alternative method of appraisal and projection of a company’s financial stability. Biological object (i.e. a person making decision) is given a considerable role among the factors that influence financial stability of a business unit. Financial stability of a company is considered from the biological point of view — engineering approach, which includes a system of elements: a human being, an automate and environment. This approach will improve adequacy of results of a company’s financial stability appraisal in different economic situations.

Suggested Citation

  • Petr Ogorodnikov & Vsevolod Perunov, 2011. "Biotechnological approach to the analysis and prognostication of the financial stability of the enterprise," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 235-238.
  • Handle: RePEc:ura:ecregj:v:1:y:2011:i:2:p:235-238
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