Economic Security Governance and Financial Independence of Telecommunication Companies

Abstract

The paper considers the main problems of the telecommunications industry in the area of economic security within its administrative and legal regulation. The paper examines economic security as a subject of administrative and legal regulation. The authors have analyzed the conceptual basis of administrative and legal regulation of economic security. The authors have identified threats to the economic security of telecommunication companies. The paper analyzes the legal regulation in the field of the economic security of telecommunication companies under the competition conditions and transition to a financially independent industry. The authors have proposed the directions of improvement of the administrative and legal regulation of the economic security of telecommunication companies, namely, advanced financial analysis as a guarantee of timely detection and prevention of the financial problems and assessing the preconditions in establishing a financially independent telecommunications industry.