IDEAS home Printed from https://ideas.repec.org/a/spt/busent/v1y2012i1f1_1_3.html
   My bibliography  Save this article

Risk management issues in a company

Author

Listed:
  • Madiyarova Diana
  • Bekmambetova Aizhan Zh.
  • Bekmagambetova Gulzhan Zh

Abstract

In the energy sector, the most significant risk is price risk. Everyone knows that the price of oil is determined by the free market, which can be whether fast growing or rapidly falling. In recent years, oil prices have behaved ambiguously, showing that the facts support the changes in oil prices. Risk management of changes in the price of oil requires special attention to companies whose main source of income is the production and export of crude oil. The main income of these companies accounted for revenue derived from oil export sales.. In this situation, the calculation of potential losses from the sale of exported crude oil is a must, and should clearly distinguish between the roles, functions and levels of responsibility in risk management of all participants in the system of company risk management.

Suggested Citation

  • Madiyarova Diana & Bekmambetova Aizhan Zh. & Bekmagambetova Gulzhan Zh, 2012. "Risk management issues in a company," Business & Entrepreneurship Journal, SCIENPRESS Ltd, vol. 1(1), pages 1-3.
    • Handle: RePEc:spt:busent:v:1:y:2012:i:1:f:1_1_3
    as

    Download full text from publisher

    File URL: http://www.scienpress.com/Upload/BEJ%2fVol%201_1_3.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spt:busent:v:1:y:2012:i:1:f:1_1_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Eleftherios Spyromitros-Xioufis (email available below). General contact details of provider: http://www.scienpress.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.