financial risk

Instability of the Operating Environment as a Factor of Financial Risks for the Enterprise

The article examines the theoretical aspects of enterprise risk, which is a consequence of the instability of the operating environment. Under financial risk, the authors propose to understand a situation in which the probability of the deterioration of the company's financial condition increases as a result of losses, additional financial costs or losses. The effect of financial risk is damage, loss or overspending of financial resources. It is emphasized that a feature of financial risk, compared to other types of risks, is the measurability of its manifestation and predictability.