FINANCIAL RISK MANAGEMENT MECHANISM IN THE ACTIVITY OF BUSINESS SUBJECTS

The economic significance of the development of the mechanism for making financial decisions and assessing and managing financial risks is described in this business activity. Based on international practice, the main elements of financial risk management processes have been studied. Internal and external factors affecting financial decision-making are studied. Proposals for the development of a financial strategy in enterprises and the improvement of financial risk management and evaluation practices have been developed.