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THE ANALYSIS OF RISK MANAGEMENT SYSTEMS ON MINERAL RESOURCES SECTOR ENTERPRISES OF RUSSIAN FEDERATION
Antonova Iana Viktorovna
Saint-Petersburg mining university
PhD student of economics, accounting and finance department
Saint-Petersburg mining university
PhD student of economics, accounting and finance department
Abstract
The paper is focused on the actual state of enterprise risk management in the mineral resources sector of Russian economy. EuroChem and PhosAgro groups are analysed as example companies. The paper also covers contemporary tendencies in political and economic spheres and characteristics of international risk management standards used by Russian mineral companies. As a conclusion, a way of upgrading the ERM systems is described.
Keywords: chance, enterprise risk management, ERM, mineral resources sector, mining enterprises, risk management, risk management standards, risk management system, shock
Article reference:
The analysis of risk management systems on mineral resources sector enterprises of Russian Federation // Economics and innovations management. 2016. № 6 [Electronic journal]. URL: https://ekonomika.snauka.ru/en/2016/06/11705
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