ORGANIZATIONAL INNOVATIONS AS A STRATEGY FOR FINANCIAL RISK MITIGATION IN CORPORATIONS

The paper explores the role of organizational innovations in mitigating financial risks in corporations. It examines how integrating innovative strategies into corporate frameworks can enhance risk management and financial stability. The methodology involves a review of existing literature, focusing on recent case studies and theoretical models. Key findings suggest that corporations implementing innovations such as technological advancements, governance reforms, and CSR initiatives significantly reduce financial vulnerabilities. The paper concludes by emphasizing the importance of continuous innovation in maintaining long-term financial security.

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Publication Details

Published
2024-10-18
DOI
https://doi.org/10.36074/logos-18.10.2024.012
Primary Topic
Business and Economic Development
Type
article
Field-Weighted Citation Impact
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article

ORGANIZATIONAL INNOVATIONS AS A STRATEGY FOR FINANCIAL RISK MITIGATION IN CORPORATIONS

Ірина БРЮХОВЕЦЬКА, Святослав Хіміч, Iryna Briukhovetska
Business and Economic Development
article

ORGANIZATIONAL INNOVATIONS AS A STRATEGY FOR FINANCIAL RISK MITIGATION IN CORPORATIONS

Ірина БРЮХОВЕЦЬКА, Святослав Хіміч, Iryna Briukhovetska
article en

Abstract

The paper explores the role of organizational innovations in mitigating financial risks in corporations. It examines how integrating innovative strategies into corporate frameworks can enhance risk management and financial stability. The methodology involves a review of existing literature, focusing on recent case studies and theoretical models. Key findings suggest that corporations implementing innovations such as technological advancements, governance reforms, and CSR initiatives significantly reduce financial vulnerabilities. The paper concludes by emphasizing the importance of continuous innovation in maintaining long-term financial security.

Interregional Academy of Personnel Management (UA)
Openalex Percentile: Top 71%
Business and Economic Development
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