International Standards of Corporate Security

Abstract:

Under the influence of the processes of intensification of relations among internal and external environment of companies the necessity of compliance to international standards is rising significantly. There is a growing need for a deep understanding of corporate relations, using of control mechanisms over the company, demands for its transparency, balance of stakeholders interests and rights. These processes determine the effectiveness of corporate security systems. Currently, the capacity to implement effective management of corporate security involves the development of a business approach that creates long-term shareholder value by combining use of opportunities and risk management that meet applying to international standards and practices. The concept of security is mainly designed for a long period of time. With the development of open market relations and strengthening of legal regulation of the market measures, the emphasis of security has been transferring to the sphere of economy. Security becomes an essential priority for any kind of business interaction. In order to find out where security problems currently stand in practice and within academia circles the relevant sources of information were analyzed. The result of formalization, generalization of best international management practices and expertise are defined in international standards. In the article the content of the application and features of standards relating to key aspects of corporate security at the national and international markets are considered.

• Periodical: Advanced Engineering Forum (Volume 22)
• Pages: 53-61
• DOI: https://doi.org/10.4028/www.scientific.net/AEF.22.53
• Online since: May 2017
• Authors: Irina Otenko*, Olena Preobrazenska
• Keywords: Company, Compliance, Corporate Security, Stakeholders, Standards

References

[1] Vitlinskyi V.V., Velykoivanenko H.I. Ryzykolohiia v ekonomitsi ta pidpryiemnytstvi: Monohrafiia. – K.: KNEU, 2004. – 480 s.

[2] Yermoshenko M.M., Horiacheva K.S. Finansova skladova ekonomichnoi bezpeky: derzhava i pidpryiemstvo: Nauk. monohrafiia. – K.: Natsionalna akademiia upravlinnia, 2010. – 248 s.

[3] Zhalilo Ya.A. Do formuvannia katehorialnoho aparatu nauky pro ekonomichnu bezpeku / Stratehichna panorama. – 2004. – №3. – S. 97–104.

[4] Zhalilo Ya.A. Ekonomichna stratehiia derzhavy: teoriia, metodolohiia, praktyka: Monohrafiia. – K.: NISD, 2003. – 368 s.

[5] . Ansoff, I. (1957). Strategies for Diversification. Harvard Business Review, 35(5): 113–124.

[6] Collins, H. (1993). The structure of knowledge, social research. Social research, 60: 95–116.

[7] Derous, E. (2000). De C-story: verhelderende verhalen.. actuele stromingen en rode draden binnen de competentieliteratuur.

[8] Anthony McGee (2006).

[9] Nalla, M and M. Morash (2002) Assessing the Scope of Corporate Security: Common Practices and Relationships with Other Business Functions, Security Journal, 12, pp.7-19.

DOI: 10.1057/palgrave.sj.8340119

[10] Petersen, K.L. (2012) Corporate Risk and National Security Redefined. Routledge, Taylor & Francis Group. London and New York.

[11] Mizhnarodni standarty: Standarty FATF [Elektronnyi resurs]. Rezhym dostupu: http: /000. sdfm. gov. ua/articles. php?cat_id=180〈=uk.

[12] Mizhnarodni standarty z protydii vidmyvanniu dokhodiv ta finansuvanniu teroryzmu i rozpovsiudzhenniu zbroi masovoho znyshchennia [Elektronnyi resurs]. Rezhym dostupu: http: /000. sdfm. gov. ua/articles. php?cat_id=180&art_id= 9871〈=uk. 3.

[13] Rekomendatsii FATF [Elektronnyi resurs]. Rezhym dostupu: http: /000. sdfm. gov. ua/articles. php?cat_id= 180&art_id=951〈=uk.

[14] International Standards on Combating Money Laundering and the Financing of Terrorism & Proliferation the FATF Recommendations (The FATF Recommendations) [Electronic source]. Access: http: /000. fatf-gafi. org/topics/fatfrecommendations/documents/ fatfrecommendations 2012. html.

DOI: 10.5089/9781463929831.002

[15] Organisation for Economic Co-Operation And Development Anti-Corruption Network for Eastern Europe And Central Asia (2015).