Izvestiya of Saratov University.

Economics. Management. Law

ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)


For citation:

Nazarov Y. А. Financial Risk Management as a Way to Maintain a Firm’s Economic Stability. Journal Izvestiya of Saratov University. Economics. Management. Law, 2008, vol. 8, iss. 1, pp. 41-45.

This is an open access article distributed under the terms of Creative Commons Attribution 4.0 International License (CC-BY 4.0).
Full text PDF(Ru):
(downloads: 0)
Language: 
Russian
Heading: 
Article type: 
Article
UDC: 
330

Financial Risk Management as a Way to Maintain a Firm’s Economic Stability

Autors: 
Nazarov Y. А., Saratov State University
Abstract: 

Risk reduction down to as lower (acceptable) level as possible is the basic task of risk management activity of any firm. The purpose of risk management is maintenance of the stability and dynamical nature of the firm’s development, i.e. optimization of the risk deviations from the trend of development. The process of risk management is regular work on: revealing various risks; estimation of them; choosing ways to manage risks; realizations of the ways chosen; estimation of the final results. It is impossible to avoid risks completely, but by knowing what produces losses the firm is capable to lower their threat.

Key words: 
Reference: 
  1. Шеремет В. В., Павлюченко В. М., Шапиро В. Д. и др. Управление инвестициями: В 2 т. М., 1998. Т. 1.
  2. См.: Бланк И.А. Основы финансового менеджмента: В 2 т. Киев, 2001.
  3. См.: Бригхем Ю., Гапенски Л. Финансовый менеджмент: В 2 т. СПб., 1997. Т. 2.
  4. См.: Боди З., Мертон Р.К. Финансы. М., 2000.
  5. См.: Аборин С.Л. Модель баланса инвестиционного риска. М., 2006.
  6. См.: Нуреев Р.М. Курс микроэкономики: Учебник для вузов. М., 2005.
  7. См.: Рогов М.А. Риск – менеджмент. М., 2001. С. 15.
Received: 
26.02.2008
Accepted: 
25.04.2008
Available online: 
06.04.2024