scholarly journals ЗАКОНИ Й ЗАКОНОМІРНОСТІ УПРАВЛІННЯ ФІНАНСОВИМИ РИЗИКАМИ ПРОМИСЛОВИХ ПІДПРИЄМСТВ

2020 ◽  
pp. 267-284
Author(s):  
Olena Shyshkina
Keyword(s):  
Risk Management ◽  
Financial Risk ◽  
Financial Risk Management ◽  
Industrial Enterprises ◽  
Different Levels

The article explores the terminological apparatus of such categories as "law" and "regularity" and establishes links between them. It has been proved that it is impossible to disclose the content of the methodology of financial risk management of industrial enterprises without applying the laws of different levels of knowledge (universal, general, and partial). In this connection, it has been disclosed the substantive essence of universal, general, and partial laws, the laws that are descriptive and explanatory, the laws that are statistical and dynamic, the laws that are fundamental and applied, the laws that are phenomenological and essential, and the laws of systems formation, functioning and development. The role and place of management laws in the system of laws have been determined and the role of financial risk management laws has been formulated. The basic methods of the research of problems of financial risk management of industrial enterprises have been summarized and the content of the basic laws and regularities of financial risk management of industrial enterprises has been formulated.

scholarly journals FINANCIAL RISK MANAGEMENT OF AN INDUSTRIAL ENTERPRISE

2020 ◽  
pp. 97-103
Author(s):  
T. Vasilyeva ◽  
N. Antoniuk
Keyword(s):  
Risk Management ◽  
Financial Stability ◽  
Web Application ◽  
Financial Risk ◽  
Industrial Enterprise ◽  
Financial Risks ◽  
Financial Risk Management ◽  
Industrial Enterprises ◽  
Methodical Approach ◽  
Constituent Elements

The article is devoted to the issue of financial risk management of industrial enterprises, which is relevant in the modern realities of the Ukrainian economy. The Google Trends web application analyzes the popularity of search queries in business and industry for phrases such as "financial risk" and "financial risk management" in Ukraine and in the world as a whole over the past 12 months. Based on official statistics, the analysis of the dynamics of the main financial indicators of industrial enterprises of Sumy region for 5 years, namely financial results before tax, financial results from operating activities and operating profitability. Based on the coefficient of variation, the level of financial risk that accompanies the activities of industrial enterprises of Sumy region is determined. The essence of financial risks of an industrial enterprise is revealed and its constituent elements are presented. The main existing approaches to the quantitative assessment of financial risks are presented, which are mainly based on probabilistic assessment. A methodical approach to financial risk management of industrial enterprises is proposed, which provides for constant monitoring of deviations of the integrated indicator, calculated on the basis of financial statements of the enterprise and includes indicators of liquidity, financial stability, profitability, cash flow from financial activities. At the same time, the company is recommended to set clear boundaries of possible deviations of the integrated financial indicator. Emphasis is also placed on the need to form and implement an integrated financial risk management system at industrial enterprises of Ukraine in the modern economic realities of Ukraine. A clear system of financial risk management will allow industrial enterprises to respond in a timely manner to potential threats, neutralize financial risks and avoid possible losses.

scholarly journals Exploring the role of non-financial risk management in strategy processes of large retail banks

2016 ◽  
Vol 47 (3) ◽  
pp. 1-12
Author(s):  
C. Reimers ◽  
C. B. Scheepers
Keyword(s):  
Risk Management ◽  
Financial Risk ◽  
Research Problem ◽  
Research Approach ◽  
Financial Risks ◽  
Financial Risk Management ◽  
High Profile ◽  
Strategy Process ◽  
Retail Banks

The consideration of risk in the banking industry generally involves the understanding of credit and financial risks. However, the occurrence of high-profile, non-financial risk events (such as system downtime and fraud) have resulted in negative financial and reputational implications for banks globally. These events have provided an opportunity for stakeholders to reflect on the consideration of non-financial risk. Therefore, the objective of this research was to understand the incorporation of non-financial risk management into the strategy process at retail banks, including the related benefits and challenges and the initiatives that have been (and require to be) undertaken. To this end, a qualitative research approach was conducted, using an exploratory design. Twelve banking subject matter experts were interviewed to explore their unique insights and experiences into the research problem. The research identified several challenges related to the consideration of operational and business risk. Key findings emerged including: the need for increased awareness of non-financial risk concepts, the need to balance risk management and business development, and the dangers of over-confidence in existing internal processes.

scholarly journals Strategic financial risk management of industrial enterprises in the conditions of uncertainty

2020 ◽  
Vol 12 (4) ◽  
pp. 473-483
Author(s):  
E. B. Maevskaya
Keyword(s):  
Risk Management ◽  
Financial Risk ◽  
Statistical Data ◽  
Complete System ◽  
Financial Risks ◽  
Practical Application ◽  
Internal Factors ◽  
Financial Risk Management ◽  
Industrial Enterprises ◽  
Financial Losses

In article the main aspects of management of financial risks for the purpose of formation of the complete system promoting avoidance of financial losses and growth of cost of the industrial enterprises are considered. Functions of a financial risk management in terms of its practical application are characterized. The strategy of functioning of a financial risk management in modern conditions of managing of the industrial enterprises is presented. Ways of management of financial risks of the industrial enterprises in the conditions of uncertainty and volatility of the economic environment are offered. Measures of quantitative assessment of financial risks which can serve discrete sizes of criteria indicators of activity of the industrial enterprise, on the basis of the available statistical data which values are defined by influence of external and internal factors are defined.

scholarly journals The role of liquidity risk in augmenting firm value: lessons from savings and credit cooperatives in Kenya

2021 ◽  
Vol 2 (4) ◽  
pp. 295-304
Author(s):  
Kariuki Florence Waitherero ◽  
Stephen Muchina ◽  
Stephen Macharia
Keyword(s):  
Risk Management ◽  
Firm Value ◽  
Financial Risk ◽  
Liquidity Risk ◽  
Secondary Data ◽  
Financial Risk Management ◽  
Study Results ◽  
Research Designs ◽  
Credit Cooperatives

Purpose: The study aimed to examine the interaction between liquidity risk and the firm's value among Kenyan SACCOs. Research methodology: This study adopted the positivism research philosophy and utilised both descriptive and causal research designs. The study targeted all the 164 licenced SACCOs in Kenya. A sample made up of 115 respondents was selected using a stratified random sampling method. The study utilized secondary data obtained from organization’s published financial statements. Analysis of data was done using descriptive statistics and inferential analysis. Results: The study results illustrated that value of the firm was positively correlated with liquidity risk which significantly and favourably impacted the firm value; (β=0.014577, P=0.001). Limitations: The analysis and conclusions reached in this study were limited to data gathered for the five-year duration between 2012 and 2016. Contribution: This study is useful to the management of SACCOs and the Kenyan government to understand better how financial risk management can improve their firms' value. The study adds to the existing knowledge of financial risk management and firm value. Keywords: Savings and credit cooperatives, Liquidity risk, Firm value

Sign in / Sign up

Export Citation Format

Share Document