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Management of Integrated Risk of Industrial Enterprise

In: Overcoming Uncertainty of Institutional Environment as a Tool of Global Crisis Management

Author

Listed:
  • Nikolai G. Sinyavsky

    (Financial University under the Government of the Russian Federation)

Abstract

This chapter views the influence of totality of production processes on integrated risk by the example of a company of timber processing complex. The connection between change of elementary risks and change of integral risks is determined. Based on this, the quality of the system of risk management and the possibility for increasing it are viewed. Also, the connection between the structure of the elementary risks’ system and the level of integrated risks is determined. The possibilities for reduction of integrated risk within the existing structure and change of the risks’ structure are viewed. Diversification is considered as a way of changing the structure of risks.

Suggested Citation

  • Nikolai G. Sinyavsky, 2017. "Management of Integrated Risk of Industrial Enterprise," Contributions to Economics, in: Elena G. Popkova (ed.), Overcoming Uncertainty of Institutional Environment as a Tool of Global Crisis Management, pages 89-104, Springer.
    • Handle: RePEc:spr:conchp:978-3-319-60696-5_12
    DOI: 10.1007/978-3-319-60696-5_12
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    Keywords

    D21;

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory

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