Correlation of Risk Management Methods and Procedures with Risk Management and Economic Security Systems

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Abstract

Task. Issues devoted to the delimitation of methods and procedures of related scientific areas: risk management, economic security, management and risk management are studied and researched by many authors. This gives rise to thoughts about a single basic basis for the listed scientific movements. So, the author, in order to avoid constant repetition of listing the scientific directions under consideration in the article, calls them directions, economic categories, etc., but the problem raised by the author of the article is the differentiation of the main elements, in particular methods, procedures, goals, objectives, principles between the studied categories, namely risk management, economic security, management and risk management. The purpose of the article is to systematize the listed elements and consider their duplication in the scientific areas under consideration. Model. The author systematizes, on the basis of those reviewed by modern economists and analysts, as well as classic scientific works, the basic elements of risk management, economic security, management and risk management. An attempt was made to find an answer to the question «are there specific developed methods and techniques for risk management of an organization that would distinguish it from the risk management system and other scientific areas?» Conclusions. Economic categories: risk management, economic security, management and risk management are considered as a single process in economic research, and therefore economists do not have a clear opinion and understanding of the differences between these categories. Practical significance. A comparative analysis of the essence of the main elements of risk management, economic security, management and risk management allows us to determine the most appropriate methods and procedures for the practical application of risk management in organizations. Allows you to develop an understanding of the implementation of risk management principles in organizations to achieve their goals. Originality. The list of goals, objectives, procedures and principles of risk management, economic security, management and risk management has been clarified, expanded and systematized.

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About the authors

Aksana A. Turgaeva

Financial University under the Government of the Russian Federation

Author for correspondence.
Email: a_turgaeva@mail.ru
ORCID iD: 0000-0002-8374-1706
SPIN-code: 8718-4901

Cand. Sci. (Econ.), Associate Professor, Associate Professor of the economic security and risk management Department

Russian Federation, Moscow

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Supplementary files

Supplementary Files
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2. Fig. 1.Risk management methods.

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3. Fig. 2.Risk management procedures.

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4. Fig. 3. The main goals of the areas of economic science under consideration. Source: compiled by the author based on [13, 16, 21, 22, 23, 26, 31].

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5. Fig. 4. Main tasks of the considered areas of economic science. Source: compiled by the author based on [1, 3, 4, 22, 23, 32, 33, 34].

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6. Fig. 5. Basic principles of the areas of economic science under consideration. Source: compiled by the author based on [1, 3, 4, 22, 23, 32, 33, 34].

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