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Экономика Профессия Бизнес
Article . 2020 . Peer-reviewed
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WAYS TO MINIMIZE THE ORGANIZATION'S FINANCIAL RISKS

Authors: L. A. Semina;

WAYS TO MINIMIZE THE ORGANIZATION'S FINANCIAL RISKS

Abstract

The specificity of the article is an attempt to establish the General principles of building a financial risk management system in an organization aimed at minimizing them. Market instability, inaccuracy and incompleteness of information about the conditions associated with the conduct of business and the implementation of planned decisions, leads to certain losses for the organization, and in some cases, to additional benefits. The impact of financial risks on the economic activities of modern organizations is multifaceted and can not only reduce revenue and profit indicators, but also lead to bankruptcy of the organization, weaken economic security. Based on the foregoing, we can confidently say that management and employees of the modern organizations face the task of timely identification of financial risks and minimization of their impact on the level of economic security organization, which, in turn, is expressed in this condition organization, which can be achieved fairly stable and high growth of its economic indicators, but also guarantee complete protection from external and internal threats that undermine the welfare and further development of the organization. In other words, economic security is aimed at ensuring the most efficient allocation of resources and creating stable conditions for the operation of production and profit.

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Keywords

экономическая безопасность, финансовые риски, управление финансовыми рисками, economic security, financial risks, financial risk management

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
gold