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ORIGINAL RESEARCH ARTICLE
Economic security of logistics enterprises in the face of global turbulence
Tomasz Smal 1, A,C,E-F
,
 
 
 
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1
Finance and Management, University WSB Merito in Wrocław, Poland
 
2
Economics and Business, Universidad Católica San Antonio de Murcia, Spain
 
3
Financial and Management, University WSB Merito, Poland
 
 
A - Research concept and design; B - Collection and/or assembly of data; C - Data analysis and interpretation; D - Writing the article; E - Critical revision of the article; F - Final approval of article
 
 
Submission date: 2025-08-12
 
 
Acceptance date: 2025-12-30
 
 
Publication date: 2025-12-31
 
 
Corresponding author
Tomasz Smal   

Finance and Management, University WSB Merito in Wrocław, Fabryczna 29-31, 53-609, Wrocław, Poland
 
 
SLW 2025;63(2):127-150
 
KEYWORDS
TOPICS
ABSTRACT
In order to correctly assess the economic security of an enterprise, it is necessary to evaluate its financial situation. This is particularly relevant during external turbulence (e.g. the COVID 19 pandemic, economic crises and armed conflicts) that affects global logistics operations. The research problem addressed in this article is how such turbulence influences the economic security of transport, shipping and logistics (TSL) enterprises and which financial assessment tools can provide reliable early warning signals. The research niche of this article is the adaptation of enterprise financial security assessment methods to the specific conditions of the transport, shipping, and logistics (TSL) industry. The purpose of the article is to adapt an established methodology for evaluating the financial condition and economic security of enterprises to the context of logistics companies, and to identify the impact of global turbulence on supply chain resilience. The study used financial ratio discriminant analysis and a case study approach to evaluate selected logistics enterprises operating in international markets. The hypothesis assumed that global disturbances negatively affect the financial performance of TSL enterprises, but that appropriate assessment tools and strategies can strengthen their financial resilience. The results confirmed partial deterioration in liquidity and profitability indicators during crises, alongside the increasing adaptability of enterprises using proactive risk management approaches. The conclusions emphasize the necessity of continuous financial monitoring and implementation of early-warning systems to enhance economic security in the TSL sector.
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