Conceptual Foundations of Risk Management within the Economic Security Framework of an Enterprise
L. M. Belitskaia
Strategic decisions and risk management, 2026, vol. 16, issue 4
Abstract:
Timely risk prevention is a key factor in ensuring the sustainable development of an enterprise. Global changes in supply chains, coupled with local financial conditions, are currently among the main factors destabilizing business operations. This article examines the theoretical and methodological foundations of risk management at the enterprise level and proposes a management model based on G.B. Kleiner’s tetrad theory. Drawing on an analysis of various definitions of “risk management,†the author offers a definition that incorporates both process and systems approaches and addresses strategic and tactical management levels. A neosystemic paradigm based on the tetrad model was used to develop the risk management model within the economic security system, identifying three levels of tetrads and four subsystems . The proposed enterprise risk management model enables a systematic approach to addressing economic security issues. The study highlights the importance of an integrated approach to risk management that considers theoretical foundations, practical aspects, and methodological, universal, and local factors. The proposed model can be used to design strategies for enterprise and industry sector development, thereby contributing to the long-term sustainability of the economy.
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:abw:journl:y:2026:id:1240
DOI: 10.17747/2618-947X-2025-4-372-379
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