Порівняльний огляд стандартів, практик та норм управління ризиками в Україні та за кордоном

Iryna Nyenno

doi:10.33987/vsed.3(58).2015.151-159

Authors

Iryna Nyenno Odessa National Economic University, Ukraine

DOI:

https://doi.org/10.33987/vsed.3(58).2015.151-159

Keywords:

risk, risk management, risk management standards, strategic risks, insurer, bank, state enterprise

Abstract

The article identifies the shortcomings of existing approaches to standardization and normalization of risk management. The research methodology is based on the philosophy of the common knowledge by using the methods of information search, comparison, and system analysis. International risk management standards, such as COSO, FERMA, ISO, Sorbeyns-Oxley Act are analyzed. The regulatory documents on risk management at the budget, insurance, and banking institutions in Ukraine are studied. The differences and the key characteristics of the foreign and Ukrainian standards of risk management are fixed. The approaches to determine the place of risk management in the strategic management and the relationship with its development strategy are specified. The research results could be applied to the development of industry standards of risk management.

Author Biography

Iryna Nyenno, Odessa National Economic University

PhD in Economics, Associate Professor, Financial Management and Stock Market Department

References

Starostina, A. O., Kravchenko, V. A. (2004), Risk Management: Theory and Practice [Risk-menedzhment: teoriya i praktika], Politekhnika, Kiev, 200 p. (rus)

Kuzmin, O. E., Podolchak, N. Yu., Podolchak, N. I. (2009), Risk Management of the Innovation Activity [Upravlinnia ryzykamy v innovatsiinii diialnosti], Lvivska politekhnika, Lviv, 176 p. (ukr)

Hranaturov, V. M., Yasenova, I. B. (2007), Tax Risk of the State: Definitions and classification [Podatkovyi ryzyk derzhavy: vyznachennia ta klasyfikatsiia], Finane of Ukraine, No. 10, pp. 86–95 (ukr)

Lobanov, A. A., Chugunov, A. V. (2009), Financial Risk Management Encyclopedia [Entsiklopediya finansovogo risk-menedzhmenta], Alpina Business Books, Moscow, 936 p. (rus)

Buianov, V. P. (2003), Riskology (Risk Management) [Riskologiya (upravlenie riskami)], Ekzamen, Moscow, 384 p. (rus)

Enterprise Risk Management – Integrated Framework. Executive Summary, COSO, available at: http://www.coso.org/documents/coso_erm_executivesummary.pdf.

Rodionova, M. E. (2003), Complex Risk Management: Review of the International Standards [Kompleksnoe upravlenie riskami: obzor zarubezhnykh standartov], Upravlencheskie nauki, No. 4, pp. 23–26 (rus)

ISO Guide 73:2009. Risk management. Vocabulary, International Organization for Standardization, available at: http://www.iso.org/iso/home/store/catalogue_ics/catalogue_detail_ics.htm?csnumber=44651.

«On Approval of the Methodological Recommendations for Risk Management System Organization and Functioning in Ukrainian Banks: Legal Act of Ukraine, No. 361, 02.08.2004» [Pro skhvalennia Metodychnykh rekomendatsii shchodo orhanizatsii ta funktsionuvannia system ryzyk-menedzhmentu v bankakh Ukrainy: Postanova Pravlinnia Natsionalnoho Banku Ukrainy, No. 361, 02.08.2004], available at: http://www.bank.gov.ua/doccatalog/document;jsessionid=8FEB6509DBF0607D5EED2597BBED0CFE?id=36985 (ukr)

«On Approval of the Methodological Recommendations: Legal Act of Ukraine, No. 995, 14.09.2012» [Pro zatverdzhennia Metodychnykh rekomendatsii z orhanizatsii vnutrishnoho kontroliu rozporiadnykamy biudzhetnykh koshtiv u svoikh zakladakh ta u pidvidomchykh biudzhetnykh ustanovakh: Nakaz Ministerstva finansiv Ukrainy, No. 995, 14.09.2012], available at: http://minfin.kmu.gov.ua/control/uk/publish/article/main?art_id=351955&cat_id=362118&search_param=%F0%E5%EA%EE%EC%E5%ED%E4%E0%F6%B3%FF&searchPublishing=1 (ukr)

«On Approval of the Requirements for Risk Management System Organization and Functioning in Ukrainian Insurance Companies: Legal Act of Ukraine, No. 295, 04.02.2014» [Pro zatverdzhennia Vymoh do orhanizatsii i funktsionuvannia systemy upravlinnia ryzykamy u strakhovyka: Rozporiadzhennia Natskomfinposluh, No. 295, 04.02.2014], available at: http://zakon1.rada.gov.ua/laws/show/z0344-14 (ukr)