RISKS AND RISK MANAGEMENT METHODS IN THE CONTEXT OF ECONOMIC SECURITY OF AN ENTERPRISE

The economic security of an enterprise is a key element of its stable development in the context of globalization, considering the increasing pace of technological changes and the overall instability of market conditions. Thus, this article aims to explore the nature of the risks that threaten the economic security of enterprises, as well as to develop methods for managing them. As a result of the research, it can be concluded that financial security is a comprehensive process aimed at minimizing risks to ensure the stable functioning and development of the enterprise. It has been proven that within the processes of providing economic security, each type of risk requires the application of specific management methods aimed at reducing the likelihood of risk occurrence and minimizing their impact on the key aspects of the enterprise's activities.

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Publication Details

Journal
Business Navigator
Published
2025-01-01
DOI
https://doi.org/10.32782/business-navigator.78-4
Primary Topic
Banking, Crisis Management, COVID-19 Impact
Type
article
Field-Weighted Citation Impact
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article

RISKS AND RISK MANAGEMENT METHODS IN THE CONTEXT OF ECONOMIC SECURITY OF AN ENTERPRISE

Vitalii Nahornyi, Natalia Biletska, Oleksandr Galachenko
1 links
Business Navigator
Banking, Crisis Management, COVID-19 Impact
article

RISKS AND RISK MANAGEMENT METHODS IN THE CONTEXT OF ECONOMIC SECURITY OF AN ENTERPRISE

Vitalii Nahornyi, Natalia Biletska, Oleksandr Galachenko
article en

Abstract

The economic security of an enterprise is a key element of its stable development in the context of globalization, considering the increasing pace of technological changes and the overall instability of market conditions. Thus, this article aims to explore the nature of the risks that threaten the economic security of enterprises, as well as to develop methods for managing them. As a result of the research, it can be concluded that financial security is a comprehensive process aimed at minimizing risks to ensure the stable functioning and development of the enterprise. It has been proven that within the processes of providing economic security, each type of risk requires the application of specific management methods aimed at reducing the likelihood of risk occurrence and minimizing their impact on the key aspects of the enterprise's activities.

Business Navigator(1(78))
National University of Life and Environmental Sciences of Ukraine (UA)
Openalex Percentile: Top 100%
Banking, Crisis Management, COVID-19 Impact
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