Akademik Məlumat İdarəetmə Sistemi
55th International Scientific Conference on Economic and Social Development, Baku, Azerbaijan, 18 - 19 June 2020, no.4, pp.478-488, (Full Text)
This article discusses the main trends in the financial sustainability of an enterprise in the digital economy. The information and communication technologies sector is one of the main areas of the non-oil sector, and the development of this sector is one of the important directions of the state's economic policy. Ensuring the development of the ICT sector in the country in the nearfuture is associated with the implementation of the "National Strategy forthe Development of the Information Society in the Republic of Azerbaijan for 2014-2020." The ICT sector is one of the main goals in the Development Concept "Azerbaijan 2020 Vision". One of the main pillars of the innovative development policy pursued in Azerbaijan isthe creation of a favorable business environment for the sustainable operation of enterprises. Today, one of the drivers of revolutionary transformations in the global economic system and changes in the hierarchy of world centers of power is the development of a digital economy based on the fourth industrial revolution. The purpose of the article is to study the paradigm shift in the management and functioning of modern enterprises in the context of the development of the digital economy. Research methods: system analysis, induction and deduction, comparison, forecasting. The types and characteristic features of the financial stability of the enterprise, internal and external factors, as well as tools to improve the financial stability of the enterprise are considered. Particular attention is paid to identifying and managing risks that pose a threat to the implementation of the financial sustainable of the enterprise. The author identified new factors affecting the financial stability of the enterprise in a digitalized economy. Keywords: digitalization, digital transformation, managing, sustainability