Methodological aspects of risk-based monitoring of economic security of apartment complex management companies

Abstract

Subject. The article considers the monitoring of economic security of apartment management companies. Objectives. The aim is to underpin methodological approaches to identifying risks and threats associated with the activities of management companies of apartment buildings that are significant for socio-economic development of municipalities and regions. Methods. The study employs general scientific methods of cognition. Results. We established that management companies do not use methods for assessing threats and risks to ensure economic security. The study of the economic security of management companies demonstrated their clear impact on the economy of the region and the well-being of some industries related to water, electricity and heat supply of apartment buildings, as well as on socio-economic indicators of regional (municipal) development. In connection with these circumstances, in the development of the methodology, we considered areas of risk identification and then, on their basis, threats. The developed methodology can be used for external monitoring by industry regulatory authorities to minimize threats to economic security at the regional level, and to support the management companies themselves. Conclusions. To assess the economic stability of the housing and communal services industry, it is important to investigate the activities of management companies. The offered methodology for identifying threats to management companies to monitor their economic security enables to identify risks and threats to the economic condition of management companies, which is necessary to ensure economic security.