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BUSINESS INFORM №4-2017

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44

Section: Finance, Money Circulation and Credit
UDC 336.67:334.012.064
Kolomiyets G. M., Soboliev V. M., Melentsova O. V.
Hedging Financial Risks in the Economic Practices of Small Business: Current Imperatives (p. 274 - 278)

The article considers the need to update approaches to hedging the financial risks of small businesses. Reducing the probability of financial costs and losses is of continuing relevance. It appears to be especially critical for small businesses. Small business plays a significant role in the country’s economic system as creator of jobs and as a producer of goods and services that adapts quickly to changing consumer requirements. However, its access to credit resources has certain limitations. The instability of the economic environment by individual factors can affect small businesses not less, and sometimes even more than large and medium-sized businesses. Design of the risk-management in terms of small business needs to be updated. In the current context, there is a need in re-evaluating that the efficient financial risk management can only be carried out in a complex of all the enterprise’s risks, with an increase in the planning horizon and the identification of obstacles to achieving the objective set.
Keywords: hedging, financial risks, small business, risk management of small businesses.
Fig.: 7. Bibl.: 8.

Kolomiyets Ganna M. – Doctor of Sciences (Economics), Professor, Professor, Department of Economic Theory and Economic Methods of Management, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]
Soboliev Volodymyr M. – Doctor of Sciences (Economics), Professor, Professor, Department of the Economic Theory and Economic Methods of Management, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]
Melentsova Olga V. – Candidate of Sciences (Economics), Associate Professor, Department of Economic Theory and Economic Methods of Management, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]

Article is written in Ukrainan
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Reference to this article:
Kolomiyets, Ganna M., Soboliev, Volodymyr M., and Melentsova, Olga V. (2017) “Hedging Financial Risks in the Economic Practices of Small Business: Current Imperatives.” Business Inform 4:274–278.


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