alexa The Risk-oriented Management in the Russian Economics: Regarding a Company and a Region | OMICS International | Abstract
ISSN: 2162-6359

International Journal of Economics & Management Sciences
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Research Article

The Risk-oriented Management in the Russian Economics: Regarding a Company and a Region

Karanina Elena Valerievna* and Loginov Dmitry Alekseevitch

Vyatka State University, Kirov, Russia Federation

*Corresponding Author:
Karanina Elena Valerievna
Vyatka State University
Kirov, Russia Federation
E-mail: [email protected]

Received date: December 19, 2015; Accepted date: January 03, 2016; Published date: January 06, 2016

Citation: Valerievna KE, Alekseevitch LD (2016) The Risk-oriented Management in the Russian Economics: Regarding a Company and a Region. Int J Econ Manag Sci 5: 309. doi:10.4172/2162-6359.1000309

Copyright: © 2016 Valerievna KE, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Abstract

The factors determining management risks are studied in this paper both at levels of a company and the whole region in the Russian economy. Arguments indicating the common risk management of a company and a region are stipulated herein. Their main premise is that as a single company, and the whole region entrepreneurship complex affected by common factors. At the same time the effectiveness of the company risk management provides the result of the management of the whole regional economy development. The necessity of this analytical approach in the risk management as the creation of a risk system, allowing considering the risks relevant to individual enterprises and the whole region is grounded. Conditions for the practical use of the productive and effective universal process of risk accounting and assessment in the financial activity and the management of the region economic development are stipulated. The base risk system of business entities in the region is offered.

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