scholarly journals The Genesis and Metamorphoses of Risk

2013 ◽  
Vol 1 (1) ◽  
pp. 15-20
Author(s):  
Tomáš Klieštik ◽  
◽  
Miloš Birtus

Each business activity and also an individual person face risk every day. But what is risk? People have different attitudes to risk. Natural survival instincts make some people use all possible means to avoid injury or loss. These decisions are not decisions but more of inner instincts of survival. If we move from an individual to an organization, standards and rules become more complex and more formal. When activities become more complex, instinctive and institutional patterns of behaviour forming the basis of personal risk management become inadequate and decisions become more complicated. The theory of risk has been a subject dealt with in many available books by domestic and foreign authors and risk management as such has been a subject of detailed research. We can even claim it constitutes an independent part of the theory of economy.

2019 ◽  
Vol 4 (1) ◽  
pp. 46-67
Author(s):  
Diah Novianti

Islamic banking such as the other business institution will face different kind of risk that inherent on its main business activity. In business, risk defined as a posibillity an can appear every time, before, when, and after the decision making. Islamic banking faced different risk with the conventional banking, because its uniquenes. Thus, the development of risk management framework in Islamic banking is very important to do, especially in frame of  risk identification, measuring, mitigation and monitoring. This paper will discuss about risk management in Islamic Banking, in theoretically and the implementation of risk management. The scope of this study will include the identification of risk in Islamic Banking, stage of risk management in Islamic Banking, risk management model, and also the devolpment of risk management framework in Islamic Banking.


10.12737/1608 ◽  
2013 ◽  
Vol 1 (4) ◽  
pp. 215-225
Author(s):  
Дмитрий Соколов ◽  
Dmitriy Sokolov ◽  
Алексей Барчуков ◽  
Alyeksyey Barchukov

A basis system of risk management described in the article can be adapted for business activity special aspects of organization’s territorial and structural business units for construction of private systems of management. The authors offer Management scheme of operational risks.


2017 ◽  
Vol 1 (1) ◽  
pp. 53
Author(s):  
Sofyan Hadinata

AbstractRisks always exist in a business activity of an organization. Risks are closely related to the differences between the results and the expectations. Risk management focuses on the anticipatory actions by recognizing potential risks and influences. Risk management is part of the entity’s internal control in which the main responsibility is in the hand of the company manager or the entity. Internal auditor as the employee or the internal party has the duty to implement the risk management. Internal auditor conducts an audit process towards internal control and gives assurance in the process of risk management. The internal auditor who takes part in consultation role can assist the organization in identifying, evaluating, and implementing relevant risk management and risk control methodologies. Risk management procedures are identifying risks, constructing plans, and determining solutions. Some of the solutions are avoiding, minimizing, removing, or accepting the risks. Keywords: risk, anticipatory, internal  controlAbstrakRisiko melekat pada suatu aktivitas bisnis organisasi. Risiko terkait erat antara ketidaksesuaian hasil dengan yang diharapkan. Managemen risiko merupakan suatu tindakan untuk mengurangi ketidakpastian yang berfokus pada tindakan antisipasi/pencegahan, dengan cara mengidentifikasi risiko yang mungkin terjadi sekaligus dampak yang mungkin ditimbulkan. Managemen risiko merupakan bagian dari pengendalian internal entitas yang tanggung jawab utamanya di tangan manager perusahaan atau entitas. Auditor internal selaku pegawai atau pihak internal perusahaan juga memiliki tugas atau kewajiban atas pelaksanaan managemen risiko. Audit internal melakukan proses audit terhadap pengendalian internal dan memberikan keyakinan terhadap proses managemen risiko. Auditor internal memiliki peran konsultasi yang dapat membantu organisasi dalam mengidentifikasi, mengevaluasi, dan menerapkan metodologi managemen risiko dan pengendalian yang relevan. Langkah-langkah yang harus dilakukan dalam managemen risiko adalah identifikasi risiko, membuat perencanaan, dan menentukan cara penanganannya. Penangannya risiko dapat dilakukan dengan cara yaitu menghindari, mengurangi, memindahkan, atau menerima risiko tersebut.Kata kunci: risiko, antisipasi/pencegahan, pengendalian internal


2020 ◽  
Vol 8 (1) ◽  
pp. 86-90
Author(s):  
Nataliya Kazakova ◽  
Svetlana Chikurova

The article discusses practical issues of business risk management based on internal audit tools aimed at improving the efficiency of the company's internal control system. Methodical recommendations have been proposed for the establishment of an internal system of identification and control of corporate risks with the help of assessment reserves. A methodical tool kit is presented, allowing internal auditors to identify existing risks of business activity, to develop timely measures aimed at preventing errors in accounting, financial irregularities, as well as to improve business efficiency, in general.


2020 ◽  
Vol 8 (2) ◽  
pp. 51-55
Author(s):  
Tatyana Serebryakova ◽  
Aleksandr Suglobov ◽  
Alla BELOGORSKAYA

The article considers the issues of scientific and methodological justification of tax risks as part of the economic risks of business activities, as well as factors that affect tax risks. The criteria for tax risks are summarized both at the level of business activity of an economic entity and at the level of a tax authority. The practice of applying a risk-based approach to tax control is summarized. The main directions of the organization's risk management in the sphere of determining and fulfilling tax obligations are identified. The issues of applying a risk-based approach to the planning of field tax audits for the purpose of risk management of business activities are studied. It is concluded that in order to minimize tax risks, it is necessary to use the criteria of a risk-based approach for planning tax control of organizations.


Author(s):  
Galina Krohicheva ◽  
Viktoria Grushina

The article is devoted to the essence of risks arising in the sphere of business activity. The classification of business risks is considered, taking into account the conditions of their manifestation. A study of key business risks was conducted. The methods of risk assessment, as well as the main stages and phases of risk management in the enterprise are analyzed.


2007 ◽  
Vol 43 (3) ◽  
pp. 241-261 ◽  
Author(s):  
Joan Abbott-Chapman ◽  
Carey Denholm ◽  
Colin Wyld

The research explored constructs of potentially harmful adolescent risk-taking of 220 university students in their final year of degree courses in education, law, medicine, nursing, psychology and social work, who anticipated they would be dealing with young people professionally. Their personal risk hierarchies, and their own experience of risk-taking when they were teenagers, were investigated as potential influences upon the normative orientations of their future professional roles, expressed in their support for varying social policy options including zero tolerance and harm minimization. Findings suggest that their commitment to underlying value positions regarding risk-taking and risk-management were not significantly related to gender, age or personal risk-taking profiles but to professional socialization in their degree course. The implications of respondents' preferred ways of dealing with adolescent risk-taking as compared to young people's choices for themselves are explored, along with concepts of risk management in current policy frameworks.


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