УДК 330.131.7:336
DOI: https://doi.org/10.36887/2415-8453-2025-1-9
JEL classification: Р42, G32
The article examines the essence of the “financial risk” concept and its main characteristics. An in-depth classification of financial risks is carried out, as well as a detailed analysis of the peculiarities of their management. It is emphasized that effective management of financial risks of food industry enterprises is based on the use of scientifically sound approaches, a combination of proven methods, and their adaptation to the conditions of the enterprise. A mechanism for neutralizing the financial risks of food industry enterprises is proposed, which provides for the allocation of the most optimal methods for their practical application. It is emphasized that financial risks are interrelated, and the emergence of one risk can provoke the emergence of others, creating a chain reaction of threats to the enterprise. It is noted that financial risks pose the greatest danger to the stable functioning of an enterprise, which requires an integrated approach to their identification and minimization. In the current economic environment, the most effective methods of managing the financial risks of food industry enterprises are their minimization, insurance, and diversification. The authors emphasize the need for timely identification of risks, their qualitative assessment, and implementation of mechanisms that allow a food industry enterprise to adapt to changing market conditions. It is advisable to use combined approaches that include analytical methods, automated risk monitoring systems, and building strategies with a view to long-term financial prospects to ensure the financial sustainability of enterprises. It is determined that in the context of market instability, food industry enterprises should pay special attention to financial risk management as one of the key components of their activities. This will reduce the likelihood of critical situations and increase competitiveness. In addition, the importance of state support in the form of a stable tax policy, investment incentives, and a favorable environment for introducing innovations in risk management is emphasized.
Keywords: financial risks, classification of financial risks, methods of neutralizing financial risks, financial risk management, characteristics of financial risks of food industry enterprises, financial security, crisis, insurance and diversification.
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The article was received 15.01.2025