THE ANALYSIS AND ESTIMATION OF ECONOMIC EFFICIENCY OF RISK MANAGEMENT
https://doi.org/10.17747/2078-8886-2015-3-72-83
Abstract
Enterprise-wide risk management is a relatively new scientific and practical area of a corporate government, which has a special mission to deal with corporate risks and exposures and to achieve beneficial risk management outcomes. Risk management has a wide range of methods, techniques and tools, but quite expensive, but in the case of a successful application, can stimulate an increase in the company's value. Nevertheless, despite its relevance, risk management reluctantly introduced to the company, this is due, primarily, to the inability to pre-determine the economic impact of existing activities. Most methods for assessing the cost-effectiveness of risk management, as a rule, designed to assess the economic impact after the fact, in this article, the author has provided the tools for assessing the financial and economic impact of the implementation of risk management in advance.
About the Author
V. A. Makarova
National Research University – Higher School of Economics
Russian Federation
Candidate of Economic Sciences, Associate Professor of the Finance Department of National Research University – Higher School of Economics. Area of expertise: corporate risk management, corporate management, initial public offering of shares, business development external financing.
Russian Federation
Candidate of Economic Sciences, Associate Professor of the Finance Department of National Research University – Higher School of Economics. Area of expertise: corporate risk management, corporate management, initial public offering of shares, business development external financing.
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Review
For citations:
Makarova V.A. THE ANALYSIS AND ESTIMATION OF ECONOMIC EFFICIENCY OF RISK MANAGEMENT. Strategic decisions and risk management. 2015;(3):72-83. (In Russ.) https://doi.org/10.17747/2078-8886-2015-3-72-83
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