THE IMPACT OF STATE POLICY ON THE ECONOMIC SECURITY OF ENTERPRISES IN UKRAINE: CURRENT CHALLENGES AND STRATEGIC RESPONSES

Abstract

This article investigates the influence of state policy on the economic security of enterprises in Ukraine under conditions of systemic instability and wartime disruption. The purpose of the study is to reveal the mechanisms through which government actions contribute to strengthening or weakening the resilience of businesses operating in a high-risk environment. The research focuses on identifying key priorities and implementation challenges within the national economic security framework as it pertains to enterprise-level outcomes. Particular attention is given to institutional coherence, regulatory consistency, and fiscal strategies, as well as the capacity of policy instruments to address structural vulnerabilities and regional disparities. The methodological approach involves logical-analytical assessment based on conceptual generalization, empirical modeling, and qualitative synthesis of policy mechanisms and economic indicators. The study applies comparative diagnostics and longitudinal analysis to interpret the dynamics of enterprise development, investment activity, and regulatory adaptation during 2020–2024. The research highlights the growing dependence of business survival on state-supported tools, especially under conditions of military threat, infrastructure collapse, and fiscal pressure. It identifies specific state interventions such as preferential tax regimes, emergency financial support, and public-private partnerships as essential instruments that determine the adaptive capacity of enterprises. The study demonstrates that the effectiveness of these measures is closely tied to the degree of transparency, institutional capacity, and strategic alignment across different levels of governance. The results confirm that while some policy tools have mitigated immediate risks, the sustainability of enterprise recovery depends on long-term systemic reforms and coordinated integration with international development agendas. Furthermore, the findings show that regional inequality in policy implementation and limited access to financial instruments continue to inhibit broad-based recovery. The article concludes that economic security cannot be ensured through isolated interventions but requires an integrated policy environment that addresses both immediate threats and long-term structural transformation in the post-war period.