Stebletska Y. Management of financial risk in the system of financial security of subjects of business

Theoretical and methodological approaches to the management of financial risks in the system of financial security are generalized and systematized, in-depth study of the informative terms "financial security", "risk" and "financial risk" is proposed and classification of financial risks is systematized in the work. Diagnostics of the financial activity of subjects of business is conducted and portfolio of financial risks is formed for each of them. Prediction of bankruptcy and forecasting earnings considering financial risk are implemented by using factor analysis, the strategy of the business entities based on the results and using the SWOT-analysis is proposed to ensure their financial security and minimize financial risks. Scientific results are approved and accepted for the practical use of SE "Western Technical Expert cent", the Association of Employers of Lviv region, and in reading courses and conducting training in higher education.