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Finance and Credit
 

Formation and assessment of financial risk factors in activities of economic subjects

Vol. 20, Iss. 24, JUNE 2014

Available online: 14 June 2014

Subject Heading: Risk management

JEL Classification: 

Pages: 36-44

Kalaidin E.N. Kuban State University, Krasnodar, Russian Federation
kalaidin@econ.kubsu.ru

Spirina S.G. Kuban State University, Krasnodar, Russian Federation
stella_spirina@mail.ru

The article considers the factors forming financial risks of economic systems which have address relations with the environment only. The authors offer the optimality of business management and conjuncture created in conditions of the perfect competition. The paper analyzes influence on financial stability of resource and commodity markets and reveals dependence of financial risks on banks' credit policy determined by a ratio of own and borrowed funds in balance of the borrower. The authors conclude that a bank's flexible credit policy and accounting policy of the central bank will be the important conditions for sustainable economic development. The work notes that in the conditions of increase of frequency of financial crises identification of interrelation of financial risks allows to predict the further economic development more precisely and form a more effective policy of counteraction to negative influence of risk realization.

Keywords: financial stability, economic subjects, modeling, financial risk, complex risk

References:

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