IDEAS home Printed from https://ideas.repec.org/a/alq/rufejo/rfej_2020_02_60-71.html
   My bibliography  Save this article

Foreign trade and risk management in export companies

Author

Listed:
  • Vladimir Ivanovich Savkin

    (Oryol State Agrarian University named after N.V. Parakhin, Orel, Russia)

  • Aleksandra Igorevna Solodovnik

    (Oryol State Agrarian University named after N.V. Parakhin, Orel, Russia)

Abstract

The article deals with risk profiles and risk-management in export companies. The main risks faced by export companies in the modern global trade environment influenced by inconsistent economic, political, social and technological processes are defined. However, there are many controversial issues regarding risk classification, especially the possibility of risk management based on alternative classifications. The authors justify the need for active management of all risks in order to improve competitiveness of export companies. An integrated risk management system will help to categorize problems and threats that should simplify decision-making in export risk management and reduce its costs.

Suggested Citation

  • Vladimir Ivanovich Savkin & Aleksandra Igorevna Solodovnik, 2020. "Foreign trade and risk management in export companies," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 2, pages 60-71, February.
    • Handle: RePEc:alq:rufejo:rfej_2020_02_60-71
    as

    Download full text from publisher

    File URL: http://repec.vavt.ru/RePEc/alq/rufejo/rfej_2020_02_60-71.pdf
    Download Restriction: no
    ---><---

    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:alq:rufejo:rfej_2020_02_60-71. 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: Anna Chernyavskaya (email available below). General contact details of provider: https://edirc.repec.org/data/vavtmru.html .

    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.