Risks and Their Management in Ensuring the Economic Security of the Enterprise

¹ Department of Economics, Accounting and Analysis, Rostov State Transport University, Rostov-on-Don 344038, Russia
² Rostov Branch of Russian Customs Academy, Rostov-on-Don, 344002, Russia

^* Corresponding author: irina_raf@list.ru

Abstract

In modern economic conditions, the activities of an enterprise are associated with an increased level of risks in all areas of activity, therefore, ensuring its economic security should be accompanied by the formation and implementation of a risk management system built into the enterprise management system. The analysis of the current regulatory legal acts in the field of enterprise risks is carried out, various definitions of the “risk” category as a multifaceted concept in regulatory legal documents, as well as in scientific works are presented. The necessity of forming a risk management system from the position of ensuring the economic security of an enterprise has been substantiated. The purpose, objectives, principles, main directions, basic provisions, sequence of actions in the cyclical process of risk management are disclosed. Considered are the positive aspects in the effective regulation of the enterprise, which are accompanied by the use of a risk management system in the environment of the enterprise to ensure its economic security.