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Evaluating the Effectiveness of Financial Risk Management of Non-Financial Sector of the Economy
Sector-wide risk management is considered to be a relatively new area of corporate governance, the main purpose of which is to create additional benefits for companies to reduce the negative consequences of uncertainty. Financial risk management is well established in many researches. However, a comprehensive assessment of the effectiveness of financial risk management still does not have a proper analysis. This paper presents a method for assessing the effectiveness of risk management using the key factors that show its effectiveness in the non-financial market.