1. A risk-oriented approach to capital management at a power generation company in Russia
- Author
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A. Domnikov, P. Khomenko, and G. Chebotareva
- Subjects
INVESTMENT ,RUSSIAN FEDERATION ,Risk management information systems ,CAPITAL FLOW ,POWER GENERATION ,Globalization ,CREDIT RATING ,RISK ASSESSMENT ,GLOBALIZATION ,ECONOMICAL CAPITAL ,Industrial organization ,Risk management ,Sustainable development ,INVESTMENTS ,POWER INDUSTRY ,business.industry ,Financial market ,ENERGY COMPANY ,COMPETITIVENESS ,MARKET RISKS ,Investment (macroeconomics) ,RISKS ,ENERGY MARKET ,Commerce ,RISKS MANAGEMENT ,FINANCIAL MARKET ,Market risk ,FINANCIAL SUSTAINABLE ,SUSTAINABLE DEVELOPMENT ,Business ,Electric power industry - Abstract
One of the challenges facing the energy industry today is how to improve investment attractiveness and business competitiveness in energy generation. It is becoming particularly important to enhance the sectoral risk management systems in order to ensure long-term growth and sustainable development in the energy sector amidst numerous factors and uncertainties created by the globalization of the financial markets. This paper presents the authors’ approach to assessing sectoral risks in the energy industry based on capital management for the purpose of achieving a certain level of long-term financial stability. The practicalities of applying the proposed approach to sectoral risk assessment are considered using a power generation company as an example. © 2014 WIT Press.
- Published
- 2014
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