The Institutional Reengineering of Risk Management in the Digital Economy

The Institutional Reengineering of Risk Management in the Digital Economy

The comprehensive penetration of digital technologies transforms the economic system. The key to effective management is researching of new regularities of its functioning. The theoretical awareness of significant, accelerated changes necessitates the restructuring of management process in general a...

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Bibliographic Details
Main Authors: Kolomiyets Ganna M., Melentsova Olga V., Huznenkov Yuri G.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2018-05-01
Series:Bìznes Inform
Subjects:
institutional reengineering
risk management
global Internet communications
Online Access:http://www.business-inform.net/export_pdf/business-inform-2018-5_0-pages-440_446.pdf
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spelling doaj-c69c81e8973f4484a1144643ac287d002020-11-25T01:05:27ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2018-05-015484440446The Institutional Reengineering of Risk Management in the Digital Economy Kolomiyets Ganna M. 0Melentsova Olga V.1Huznenkov Yuri G. 2Doctor of Sciences (Economics), Professor, Professor, Department of Economic Theory and Economic Methods of Management, V. N. Karazin Kharkiv National UniversityCandidate of Sciences (Economics), Associate Professor, Department of Economic Theory and Economic Methods of Management, V. N. Karazin Kharkiv National UniversitySenior Lecturer, Department of Economic Cybernetics and Applied Economics, V. N. Karazin Kharkiv National UniversityThe comprehensive penetration of digital technologies transforms the economic system. The key to effective management is researching of new regularities of its functioning. The theoretical awareness of significant, accelerated changes necessitates the restructuring of management process in general and risk management in particular. The published updated standards ISO 31000:2018 reflect the latest factors that should be considered by an organization as a whole. At the same time, paradigmal transition to dominance of global processes over national, changes of current structure of risk-bearing factors under the influence of transition to digital economy require significant transformations of risk-management institutions – an institutional reengineering of risk management, proposal of a certain algorithm of its implementation.http://www.business-inform.net/export_pdf/business-inform-2018-5_0-pages-440_446.pdfinstitutional reengineeringrisk managementglobal Internet communications
collection DOAJ
language English
format Article
sources DOAJ
author Kolomiyets Ganna M.
Melentsova Olga V.
Huznenkov Yuri G.
spellingShingle Kolomiyets Ganna M.
Melentsova Olga V.
Huznenkov Yuri G.
The Institutional Reengineering of Risk Management in the Digital Economy
Bìznes Inform
institutional reengineering
risk management
global Internet communications
author_facet Kolomiyets Ganna M.
Melentsova Olga V.
Huznenkov Yuri G.
author_sort Kolomiyets Ganna M.
title The Institutional Reengineering of Risk Management in the Digital Economy
title_short The Institutional Reengineering of Risk Management in the Digital Economy
title_full The Institutional Reengineering of Risk Management in the Digital Economy
title_fullStr The Institutional Reengineering of Risk Management in the Digital Economy
title_full_unstemmed The Institutional Reengineering of Risk Management in the Digital Economy
title_sort institutional reengineering of risk management in the digital economy
publisher Research Centre of Industrial Problems of Development of NAS of Ukraine
series Bìznes Inform
issn 2222-4459
2311-116X
publishDate 2018-05-01
description The comprehensive penetration of digital technologies transforms the economic system. The key to effective management is researching of new regularities of its functioning. The theoretical awareness of significant, accelerated changes necessitates the restructuring of management process in general and risk management in particular. The published updated standards ISO 31000:2018 reflect the latest factors that should be considered by an organization as a whole. At the same time, paradigmal transition to dominance of global processes over national, changes of current structure of risk-bearing factors under the influence of transition to digital economy require significant transformations of risk-management institutions – an institutional reengineering of risk management, proposal of a certain algorithm of its implementation.
topic institutional reengineering
risk management
global Internet communications
url http://www.business-inform.net/export_pdf/business-inform-2018-5_0-pages-440_446.pdf
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