Theoretical and methodological aspects of risk-management of banks
Journal Title: Економічний аналіз - Year 2018, Vol 28, Issue 4
Abstract
The theoretical and practical aspects of risk management are considered. The guidelines of strategic and corporate risk-management are outlined. It is stated that risk-management is a cyclical process that involves the following stages: classification and identification, assessment, organization of the risk management process, control and monitoring. The identification of risks is the decisive stage of risk-management. It is based on the information provision of the process of their classification. The principles and functions of corporate risk-management are considered.
Authors and Affiliations
Ihor Hutsal
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