Formation of mechanisms for sustainable development of the economy of industrial enterprises through digitization of the financial and economic subsystem

Abstract

Importance: industrial enterprises are showing interest in digitalization in the economic sphere. A special place in this process is occupied by the digitalization of the financial and economic subsystem. Purpose: analyze the mechanisms of sustainable development of the economy of industrial enterprises and, based on the identified trends, propose a number of measures aimed at solving the problems under study of digitalization of the financial and economic subsystem. Research design: the authors propose to reveal and analyze the financial and economic subsystem, sustainable development of industrial enterprises, and the connection of ESG components with digitalization. Results: the authors identified mechanisms for the sustainable development of the economy of industrial enterprises through digitalization of the financial and economic subsystem. The results of the research confirmed the possibility of practical use of the developed mechanism to increase efficiency and competitiveness