Methodical and practical aspects of the analysis of the state and development of risk management systems for international corporations

DOI

10.2991/ispcbc-19.2019.134How to use a DOI?

Keywords

risk management system, types of risks, risk management

Abstract

In this article, the essence and main characteristics of the category “risk management system of an organization” are described. It is proposed to consider five levels of risk management system development (the third, the fourth and the fifth levels are typical for international corporations). We present the results of the risk management systems analysis for international corporations, namely: RusHydro, NLMK, Severstal, Gazprom Neft, Metalloinvest, Philips, Nestlé, Unilever, and others. Criteria for comparative characteristics of systems implementation experience are the following: the role in the organization management, basic standards, risk coverage, features of risk assessment and management, frequency and content of improvement measures, etc. Based on the study results, the main directions of development of risk management systems are considered.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Natalia Rykhtikova
PY  - 2019/08
DA  - 2019/08
TI  - Methodical and practical aspects of the analysis of the state and development of risk management systems for international corporations
BT  - Proceedings of the International Scientific-Practical Conference “Business Cooperation as a Resource of Sustainable Economic Development and Investment Attraction” (ISPCBC 2019)
PB  - Atlantis Press
SP  - 89
EP  - 92
SN  - 2352-5428
UR  - https://doi.org/10.2991/ispcbc-19.2019.134
DO  - 10.2991/ispcbc-19.2019.134
ID  - Rykhtikova2019/08
ER  -