IDEAS home Printed from https://ideas.repec.org/a/gam/jjrfmx/v14y2021i2p78-d499992.html
   My bibliography  Save this article

Methodological Tools for Investment Risk Assessment for the Companies of Real Economy Sector

Author

Listed:
  • Tetiana Zholonko

    (Robert Elworthy Economic and Technology Institute, Kropyvnytskyi, Chikalenko str., 3, 25000 Kropyvnytskyi, Ukraine)

  • Olesia Grebinchuk

    (Robert Elworthy Economic and Technology Institute, Kropyvnytskyi, Chikalenko str., 3, 25000 Kropyvnytskyi, Ukraine)

  • Maryna Bielikova

    (Department of Administrative Law, Yaroslav Mudryi National Law University, 77 Pushkinskaya Street, 61024 Kharkiv, Ukraine)

  • Yurii Kulynych

    (Department of Finance, National University of Food Technologies, 68 Volodymyrska str., 01601 Kyiv, Ukraine)

  • Olena Oviechkina

    (Department of Economics and Entrepreneurship, Volodymyr Dahl East Ukrainian National University, Central Avenue 59-a, 93400 Severodonetsk, Ukraine)

Abstract

Methodological approaches to investing in companies and reducing the negative impact of risks that are formed at the macro and micro levels are considered in the article. The algorithm for expressing investment risks through related risks and conducting an investment risk assessment as a group process is defined. It has been determined that the defining features of investment risks are the environment, duration, and scope of the project, risk position, profile, risk appetite, consequences, capacity, and results of the impact on the investment project. An investment risk accounting system is formed, which is represented by a set of organized structural elements that perform functions related to planning and implementation of a set of measures that identify, assess, monitor, and control risks to minimize negative consequences and enhance opportunities. A method of forming a real portfolio of investment projects considering the dynamic risk factor has been developed.

Suggested Citation

  • Tetiana Zholonko & Olesia Grebinchuk & Maryna Bielikova & Yurii Kulynych & Olena Oviechkina, 2021. "Methodological Tools for Investment Risk Assessment for the Companies of Real Economy Sector," JRFM, MDPI, vol. 14(2), pages 1-10, February.
    • Handle: RePEc:gam:jjrfmx:v:14:y:2021:i:2:p:78-:d:499992
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1911-8074/14/2/78/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1911-8074/14/2/78/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anna Corinna Cagliano & Alberto De Marco & Sabrina Grimaldi & Carlo Rafele, 2012. "An integrated approach to supply chain risk analysis," Journal of Risk Research, Taylor & Francis Journals, vol. 15(7), pages 817-840, August.
    2. Eduard Krkoska & Klaus Reiner Schenk-Hoppé, 2019. "Herding in Smart-Beta Investment Products," JRFM, MDPI, vol. 12(1), pages 1-14, March.
    3. Liurui Deng & Traian A. Pirvu, 2016. "Multi-period investment strategies under Cumulative Prospect Theory," Papers 1608.08490, arXiv.org, revised Mar 2019.
    4. Siti Nuryanah & Sardar M. N. Islam, 2015. "The Context of the Case Study," Palgrave Macmillan Books, in: Corporate Governance and Financial Management, chapter 5, pages 145-156, Palgrave Macmillan.
    5. Bernard, Carole & Ghossoub, Mario, 2009. "Static Portfolio Choice under Cumulative Prospect Theory," MPRA Paper 15446, University Library of Munich, Germany.
    6. Liurui Deng & Traian A. Pirvu, 2019. "Multi-Period Investment Strategies under Cumulative Prospect Theory," JRFM, MDPI, vol. 12(2), pages 1-15, May.
    7. Derek Nokes & Lawrence Fulton, 2019. "Analysis of a Global Futures Trend-Following Strategy," JRFM, MDPI, vol. 12(3), pages 1-18, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhaozhi Wang & Shoufu Lin & Yang Chen & Oleksii Lyulyov & Tetyana Pimonenko, 2024. "The Digital Economy and Real Economy: The Dynamic Interaction Effect and the Coupling Coordination Degree," Sustainability, MDPI, vol. 16(13), pages 1-20, July.
    2. Katarina Buganova & Maria Luskova & Jozef Kubas & Michal Brutovsky & Jaroslav Slepecky, 2021. "Sustainability of Business through Project Risk Identification with Use of Expert Estimates," Sustainability, MDPI, vol. 13(11), pages 1-17, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Giannikos, Christos I. & Kakolyris, Andreas & Suen, Tin Shan, 2023. "Prospect theory and a manager's decision to trade a blind principal bid basket," Global Finance Journal, Elsevier, vol. 55(C).
    2. Bin Zou, 2017. "Optimal Investment In Hedge Funds Under Loss Aversion," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 20(03), pages 1-32, May.
    3. Carmenta, Rachel & Cammelli, Federico & Dressler, Wolfram & Verbicaro, Camila & Zaehringer, Julie G., 2021. "Between a rock and a hard place: The burdens of uncontrolled fire for smallholders across the tropics," World Development, Elsevier, vol. 145(C).
    4. Dai, Jiangyu & Wu, Shiqiang & Han, Guoyi & Weinberg, Josh & Xie, Xinghua & Wu, Xiufeng & Song, Xingqiang & Jia, Benyou & Xue, Wanyun & Yang, Qianqian, 2018. "Water-energy nexus: A review of methods and tools for macro-assessment," Applied Energy, Elsevier, vol. 210(C), pages 393-408.
    5. Anne Ventura & Van‐Loc Ta & Tristan Senga Kiessé & Stéphanie Bonnet, 2021. "Design of concrete : Setting a new basis for improving both durability and environmental performance," Journal of Industrial Ecology, Yale University, vol. 25(1), pages 233-247, February.
    6. Boris Rumanko & Zuzana Lušňáková & Monika Moravanská & Mária Šajbidorová, 2021. "Succession as a Risk Process in the Survival of a Family Business—Case of Slovakia," JRFM, MDPI, vol. 14(10), pages 1-20, September.
    7. Kong, Ling & Wang, Dongbo, 2020. "Comparison of citations and attention of cover and non-cover papers," Journal of Informetrics, Elsevier, vol. 14(4).
    8. Monica Laura ZLATI & Cristian MIRICA, 2021. "Biological Assets Accounting In The Agricultural Sector," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 15(25), pages 1-7, February.
    9. Beatrice D. Simo-Kengne & Kofi A. Ababio & Jules Mba & Ur Koumba, 2018. "Behavioral portfolio selection and optimization: an application to international stocks," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 32(3), pages 311-328, August.
    10. Bernard, Carole & Chen, Jit Seng & Vanduffel, Steven, 2015. "Rationalizing investors’ choices," Journal of Mathematical Economics, Elsevier, vol. 59(C), pages 10-23.
    11. Ionel Bostan & Ionela-Corina Chersan & Magdalena Danileț & Mihaela Ifrim & Viorica Chirilă, 2020. "Investigations Regarding the Linguistic Register Used by Managers to Convey to Stakeholders a Positive View of Their Company, in the Context of the Business Sustainability Desideratum," Sustainability, MDPI, vol. 12(17), pages 1-19, August.
    12. Raymond B. Frempong & David Stadelmann, 2017. "Does Female Education have a Bargaining Effect on Household Welfare? Evidence from Ghana and Uganda," CREMA Working Paper Series 2017-08, Center for Research in Economics, Management and the Arts (CREMA).
    13. Jakusch, Sven Thorsten & Meyer, Steffen & Hackethal, Andreas, 2019. "Taming models of prospect theory in the wild? Estimation of Vlcek and Hens (2011)," SAFE Working Paper Series 146, Leibniz Institute for Financial Research SAFE, revised 2019.
    14. Michela Floris & Angela Dettori & Cinzia Dessi, 2021. "Handling Innovation in Small Family Firms: The Role of Context," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(5), pages 1-60, July.
    15. Lechenet, Martin & Makowski, David & Py, Guillaume & Munier-Jolain, Nicolas, 2016. "Profiling farming management strategies with contrasting pesticide use in France," Agricultural Systems, Elsevier, vol. 149(C), pages 40-53.
    16. Lawrence Collins Kihamaiso Mwebesa & Catherine Kansiime & Benon B. Asiimwe & Paddy Mugambe & Innocent B. Rwego, 2018. "The Effect of Financial Record Keeping on Financial Performance of Development Groups in Rural Areas of Western Uganda," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 10(4), pages 136-145, April.
    17. Mariusz Adynkiewicz-Piragas & Bartłomiej Miszuk, 2020. "Risk Analysis Related to Impact of Climate Change on Water Resources and Hydropower Production in the Lusatian Neisse River Basin," Sustainability, MDPI, vol. 12(12), pages 1-23, June.
    18. Jaroslava Hlouskova & Jana Mikocziova & Rudolf Sivak & Peter Tsigaris, 2014. "Capital Income Taxation and Risk-Taking under Prospect Theory: The Continuous Distribution Case," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 64(5), pages 374-391, November.
    19. Hatem Elleuch & Wafik Hachicha & Habib Chabchoub, 2014. "A combined approach for supply chain risk management: description and application to a real hospital pharmaceutical case study," Journal of Risk Research, Taylor & Francis Journals, vol. 17(5), pages 641-663, May.
    20. Shafiee, Mohammad & Zare-Mehrjerdi, Yahia & Govindan, Kannan & Dastgoshade, Sohaib, 2022. "A causality analysis of risks to perishable product supply chain networks during the COVID-19 outbreak era: An extended DEMATEL method under Pythagorean fuzzy environment," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 163(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jjrfmx:v:14:y:2021:i:2:p:78-:d:499992. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.