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Strategic financial risk management of industrial enterprises in the conditions of uncertainty

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  • E. B. Maevskaya

Abstract

In article the main aspects of management of financial risks for the purpose of formation of the complete system promoting avoidance of financial losses and growth of cost of the industrial enterprises are considered. Functions of a financial risk management in terms of its practical application are characterized. The strategy of functioning of a financial risk management in modern conditions of managing of the industrial enterprises is presented. Ways of management of financial risks of the industrial enterprises in the conditions of uncertainty and volatility of the economic environment are offered. Measures of quantitative assessment of financial risks which can serve discrete sizes of criteria indicators of activity of the industrial enterprise, on the basis of the available statistical data which values are defined by influence of external and internal factors are defined.

Suggested Citation

  • E. B. Maevskaya, 2020. "Strategic financial risk management of industrial enterprises in the conditions of uncertainty," Russian Journal of Industrial Economics, MISIS, vol. 12(4).
  • Handle: RePEc:ach:journl:y:2020:id:806
    DOI: 10.17073/2072-1633-2019-4-473-483
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