Abstract

Purpose of the work: within the framework of the concept of corporate risk management Enterprise Risk Management (ERM) to study the basic types of risks, assess their role in the modern economy, analyze external and internal operational risks and propose approaches to their quantitative assessment. As a research methodology, it is proposed to use the developed tools of mathematical and numerical modeling, which allows one to obtain, in the key of interest to the decision maker, qualitative and quantitative characteristics of the dynamics of business processes. The operational and economic risks (as very often occurring in the activities of subjects of economic relations) and directly affecting their economic and information security are considered in sufficient detail. It is noted that the risks associated with disruption of business continuity (which enterprises face in their activities) can be included in various classification systems of risks, grouped according to various criteria. The need to identify the mismatch between the design and actual metrics of the organizational structure (establishment of its structure and operating schemes based on the needs of the enterprise/organization) is indicated for solving the optimization problem.

Highlights

  • The implementation of entrepreneurial activity is directly related to the concept as "risk"

  • The risks associated with the violation of the continuity of business processes, which enterprises face in their activities, can be included in various classification risk systems grouped by several criteria

  • According to paragraph 1 of article 2 of the Civil Code of the Russian Federation, civil legislation regulates relations between entrepreneurial persons based on the fact that entrepreneurial is an independent carrying on its risk activities aimed at systematic profit from the use of property, sales of goods, fulfillment of works or providing services by persons registered in this quality in accordance with the procedure established by law (Civil Code of the Russian Federation No 51-FZ, 1994)

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Summary

Introduction

The implementation of entrepreneurial activity is directly related to the concept as "risk". Each action legal entities (organizations) and individual entrepreneurs in the process of carrying out activities aimed at making their profits conjugate risk to one degree or another. The legal relations associated with entrepreneurial activity, whether to conclude a transaction between two organizations, the labor relations between the employer and employees of the company or the actions of a group of companies aimed at legitimate taxation in the framework of the holding, carry all sorts of risks, both for the company itself and for its participants and employees. The fact that entrepreneurial activity is associated with a risk of reducing or complete loss of assets combines these situations. The article discusses various options for classifying the risks of entrepreneurial activity and the factors that determine them

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