https://doi.org/10.36719/XXXX-XXXX/2/10-13

Gulnara Guliyeva

Azerbaijan State Agrarian University

https://orcid.org/0009-0004-8206-0652

gulnaraguliyeva210@gmail.com

Ali Huseynzadeh

Azerbaijan State Agrarian University

master student

https://orcid.org/0009-0008-1284-9999

huseynzzdes@gmail.com

Improvement of Risk Management System in Enterprises

Abstract

The increase in international competition, private global problems - growing fuel and energy crisis, pandemic, inflationary processes, outflow of capital, instability of company shares, danger of implementation of large-scale investment projects, etc. leads to numerous social problems.

In general, the risk management system is considered a rather complex problem in management theory and practice. However, the nature and specificity of the current economic situation creates a new ground for clarifying risk management methods, searching for new forms, algorithms, mechanisms, means of action. Therefore, preparing recommendations for the improvement of the risk management system in enterprises, especially the accounting and evaluation of risk factors and the subsystem of strategic decision-making, is one of the most important issues. For this purpose, special attention is paid to the following issues:

- substantiating the theoretical and methodological bases of risk management in terms of risk assessment and strategic decision-making;

- improvement of the risk management system model;

- improvement of interaction mechanisms between risk assessment and decision-making subsystem.

Keywords: risk, approach, sustainable development, enterprise