Risk management in business: the problems of regulatory framework.

AUTHOR:
Victoriya V. Rіeznikova, Iryna M. Kravets

ABSTRACT:
The definition of the concept of «risk management in entrepreneurship», formulation of the stages of risk management, the study of the state of legal regulation for risk management and of the proposed ways to improve it are the objectives of this article.The article considers three phases of legal risk management: information analysis, assessment, assumption and implementation of the risk.
The article suggests the necessity of developing and adopting for the Ministry of Economic Development and Trade of Ukraine of the Regulation on the risk management procedures for business entities.

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