Assessment of Risks of Corporate and Financial Security of the Region (on the Example of the Komi Republic)

The article presents the author’s approach to assessing the risks of corporate and financial security of the region. The purpose of the article is to develop, substantiate and test the author’s approach to assessing and measuring risks of corporate and financial security at the meso-level. The research used methods such as indicative method, comparison method, analysis, synthesis. The paper analyzes conceptual approaches to the concept of security risk, examines the distinctive characteristics of the definition of “risk” from the concepts of “threat” and “danger”. Further, the author examines the issue of the list of main risks in the field of corporate financial security, as a result of which a risk system is proposed that includes 7 main risks, which are assessed using a methodology based on the synthesis of an indicative approach and a minimax method using a normalizing function and a 100-point scale. For each of the risks, indicators are selected, and their threshold values are justified, which are used for comparison with the actual values of indicators, on the basis of which the level of risk is measured. Approbation of the approach proposed in the article was carried out on the example of the Komi Republic. As a result of the risk diagnostics, significant risks of the corporate and financial security of the region were identified, and some recommendations were proposed for solving the problem of improving the conditions for doing business in the region. The obtained results of the work can be used by public authorities in solving the problems of public administration and monitoring the risks of the corporate and financial security of the region.