The Theoretical and Methodological Framework for Building Financial Resilience in Enterprises Facing Geopolitical Shocks
Zhuravlova I. V.

Zhuravlova, Iryna V. (2026) “The Theoretical and Methodological Framework for Building Financial Resilience in Enterprises Facing Geopolitical Shocks.” The Problems of Economy 1:214–222.
https://doi.org/10.32983/2222-0712-2026-1-214-222

Section: Finance and banking

UDC 658.14:336.64:339.9

Abstract:
The aim of the article is to systematize the theoretical and methodological foundations of forming financial resilience of an enterprise under conditions of geopolitical shocks and to develop methodological approaches to ensuring the resilience of the financial system of a business entity. The study differentiates the components of the conceptual apparatus of «stability», «viability», «and «resilience», defines the essence of financial resilience, and its fundamental differences from traditional financial stability. The theoretical basis of the study is based on the integration of leading conceptions: the theory of dynamic capabilities, resource dependence theory, institutional theory, and Nassim Taleb’s conception of antifragility. The author highlights the significant characteristics of geopolitical shocks, which radically differentiate them from standard economic crises and require special methodological support for financial resilience. The generalization of scientific sources demonstrated the evolution of methodological tools from static models of financial stability assessment to modern integrated approaches that take into account the combination of financial, human, social, and other types of capital. The methodological support for enterprise financial resilience is based on an interdisciplinary approach and combines systemic, risk-oriented, process, and institutional methods. It includes assessment tools, management mechanisms, and organizational-institutional support. The determinants of resilience are classified as external (State economic and logistical support, sanctions policy, investment attractiveness of the industry) and internal (level of working capital, geographical location, industry structure, investment policy). The work identifies three levels of methodological support for managing financial resilience: diagnostic, predictive, and regulatory. A model of the resilience management cycle in conditions of geopolitical shocks is proposed. It is proved that an integrated approach, combining the theoretical foundations of dynamic capabilities theory and anti-fragility conceptions with practical tools (stress testing, dynamic financial planning), enables business entities to transition from a reactive to a proactive financial management model.

Keywords: financial resilience, geopolitical shocks, financial stability, dynamic capabilities, stress testing, risk management.

Tabl.: 3. Bibl.: 53.

Zhuravlova Iryna V. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Finance and Credit, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkіv, 61166, Ukraine)
Email: zhuiv63@gmail.com

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