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September 10, 2025Економіка розвитку систем

The Evolution of Risk Management Theories in Business

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Authors

IAIryna Abernikhina

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Overview

Analysis of evolving risk management theories shows their strategic importance in business, indicating shifts towards sustainability and digital approaches.

Key Points

  • The evolution of risk management reveals five key stages, from classical to digital-ESG-oriented, each defining risk in unique ways.
  • Integration of non-financial risks and the application of digital technologies are crucial in contemporary risk management practices.
  • A comprehensive methodological approach, using historical and comparative analysis, highlights the impact of theory on modern management.
  • Recognizing risk as a source of innovation promotes a culture of anti-fragility, enhancing sustainability and competitiveness in enterprises.

Cite This Study

Iryna Abernikhina (2025) studied this question.

synapsesocial.com/papers/68c23d3ab210217d6478d038https://doi.org/10.32782/2707-8019/2025-2-2
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