Managing Risk Factors for an Adverse Event

Task. The article aims to propose a methodology for risk management through internal control of risks that appear in connection with unfavorable events in the activities of the organization. Managing risk factors associated with the occurrence of events that negatively affect the organization's performance is of great importance in achieving business success. The problem is the lack of a detailed methodology for internal control of risks associated with the occurrence of adverse events. The purpose of this article is to reflect the research conducted on the impact of risks associated with the occurrence of adverse events on the financial condition and solvency of the organization. Model. Based on the research conducted, a methodology for internal control of risks associated with the occurrence of unfavorable events for the organization is proposed. Conclusions. The presented methodology gives an idea of the objects, subjects of internal control and its subject within the framework of the study of risks associated with the occurrence of unfavorable events for the organization. The stages and directions of internal control, as well as tools to manage risks associated with uncertainty, have been developed. Practical significance. The methodology for internal control of risks associated with the occurrence of unfavorable events for the organization will allow in practice to manage risks associated with uncertainty. Originality. New knowledge has been generated about internal control of risks associated with the occurrence of unfavorable events for the organization.

Authors

Institutions

Publication Details

Journal
Economic problems and legal practice
Published
2024-09-05
DOI
https://doi.org/10.33693/2541-8025-2024-20-3-233-237
Citations
2
Primary Topic
Risk and Safety Analysis
Type
article
Field-Weighted Citation Impact
0.92
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Managing Risk Factors for an Adverse Event

Aksana Turgaeva
2 citations
Economic problems and legal practice
Risk and Safety Analysis
0.92
article

Managing Risk Factors for an Adverse Event

Aksana Turgaeva
article en
2 citations

Abstract

Task. The article aims to propose a methodology for risk management through internal control of risks that appear in connection with unfavorable events in the activities of the organization. Managing risk factors associated with the occurrence of events that negatively affect the organization's performance is of great importance in achieving business success. The problem is the lack of a detailed methodology for internal control of risks associated with the occurrence of adverse events. The purpose of this article is to reflect the research conducted on the impact of risks associated with the occurrence of adverse events on the financial condition and solvency of the organization. Model. Based on the research conducted, a methodology for internal control of risks associated with the occurrence of unfavorable events for the organization is proposed. Conclusions. The presented methodology gives an idea of the objects, subjects of internal control and its subject within the framework of the study of risks associated with the occurrence of unfavorable events for the organization. The stages and directions of internal control, as well as tools to manage risks associated with uncertainty, have been developed. Practical significance. The methodology for internal control of risks associated with the occurrence of unfavorable events for the organization will allow in practice to manage risks associated with uncertainty. Originality. New knowledge has been generated about internal control of risks associated with the occurrence of unfavorable events for the organization.

Economic problems and legal practiceVol. 20(3)
Financial University (RU)
Openalex Percentile: Top 20%
Risk and Safety Analysis
0.92
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.