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The Analysis of Factors of ERM Efficiency

Student: Zinnatullin Ilnaz

Supervisor: Vasilisa A. Makarova

Faculty: St.Petersburg School of Economics and Management

Educational Programme: Economics (Bachelor)

Year of Graduation: 2018

The difficulty of making decisions in sphere of corporate management states intensive and actual problem in modernity. Last periods has revealed growing tendency in a use of all firm’s activities integrated tools of enterprise risk management. Applying to current action rises a necessity in preservation integrity of realization by company all its function correctly. Relying on special approaches in risk assessment becomes one of best idea to save firm’s activities efficiency on market in a period of dislocation and crisis strengthening. Focusing on full-scale analysis approaches used for evaluation efficiency factors in a sphere of enterprise management allows avoiding implementing imperfect models and making one powerful by clustering individual factors on its significance. Current technique let instantly analyze an environment of corporate risk management and propound recommendations for improving firms’ market value. The first chapter of work covers an introduction into corporate risk management environment and review of theoretical concepts related to them. Then there occurs the acquaintance of risk concepts, the efficiency, enterprise’s risk management maturity, impact tools and the role of stakeholders in a corporate management. The second chapter examines approaches and corresponding models for assessing the effectiveness of risk management factors in the corporate environment. The last third chapter contains information on a practical study of approach chosen for assessing the effectiveness of corporate risk management. Finally, work will be granted by conclusions of reported results in analysis and creature list of factors implemented as of contribution an efficiency growth of firm with chosen method of risk management.

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