IDEAS home Printed from https://ideas.repec.org/a/idp/bizinf/y2013i3p278_281.html
   My bibliography  Save this article

Formation of the Risk Management Process in a Company

Author

Listed:
  • Taranukha Yelena N.

    () (National Transport University)

  • Ivanchuk Svetlana I.

    (National Transport University)

Abstract

The article analyses the process of risk management, considers stages of risk management in detail, generalises theoretical and methodical aspects of company' risk management. It substantiates urgency of application of a mechanism, which would allow taking into account risks and minimise losses using a rational method, in a company. It offers to define risk management as a process of influence on the object of economic activity, which ensures the widest possible range of coverage of possible risks. Risk management allows undertaking preventive measures on minimisation of risks soundly considering it when making managerial decisions and reducing the level of revealed risks to minimum limits.

Suggested Citation

  • Taranukha Yelena N. & Ivanchuk Svetlana I., 2013. "Formation of the Risk Management Process in a Company," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 3, pages 278-281.
  • Handle: RePEc:idp:bizinf:y:2013:i:3:p:278_281
    as

    Download full text from publisher

    File URL: http://www.business-inform.net/pdf/2013/3_0/278_281.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:idp:bizinf:y:2013:i:3:p:278_281. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alexey Rystenko). General contact details of provider: http://www.business-inform.net .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.