The Role of Risk Management Standardization in the Establishment of Corporate Management Systems in Russia

Autor: Oksana V. Konovalova, Stella S. Feshina
Jazyk: ruština
Rok vydání: 2018
Předmět:
Zdroj: Экономика. Налоги. Право, Vol 10, Iss 6, Pp 54-61 (2018)
ISSN: 2619-1474
Popis: The current stage of the Russian economy is characterized by the constantly changing business conditions caused by the uncertainty of the external and internal environment, which affects the quality of management decisions. The purpose of the work was to demonstrate the feasibility of introducing risk management standards into corporate management systems to enable the company to assess its strategic and operational objectives through the prism of risk. The paper identifies the reasons for using risk management standards. It is concluded that the purpose of establishing such standards is to ensure protection from marginal values of the risk of interests of all parties concerned - the company and the shareholders as well as the industry, the region and the state as a whole. The relevance and novelty of the paper is in justifying the need to introduce standardization processes in corporate risk management systems as basic procedures sufficient for building an effective risk management platform.
Databáze: OpenAIRE