Organizational Aspects of Risk Management in the Provision of Leasing Services

Journal Title: Бізнес Інформ - Year 2014, Vol 6, Issue 0

Abstract

The paper substantiates the need to improve the effectiveness of risk management in the leasing market of Ukraine in modern conditions. Verified and clarified the essence components of risk management in the provision of leasing services. The main stages of implementation of the risk management system in leasing activity were identified. In order to systematize the risks to which participants may be subject to a leasing transaction, the author presented a private data classification of risks and identification of risks carried out at each stage providing leasing services. The need for the development and adoption of the National Commission was emphasized, subject to state regulation in the field of financial services markets, in collaboration with representatives of the domestic leasing business industry standards of risk management for leasing companies. In order to enhance financial stability and reliability of domestic lessors the attention was focused on the necessity of sharing the international standards of risk management in the provision of leasing services in domestic leasing market. It was suggested to begin work on creating a reference base for leasing transactions, forming a body of information for the indicators of the probability of default of the lessee, the estimated amount of losses in the event of bankruptcy, and the optimal amount of capital of the leasing company, given the level of risk of the transactions.

Authors and Affiliations

Olena Trygub

Keywords

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  • EP ID EP152787
  • DOI -
  • Views 98
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How To Cite

Olena Trygub (2014). Organizational Aspects of Risk Management in the Provision of Leasing Services. Бізнес Інформ, 6(0), 365-372. https://europub.co.uk/articles/-A-152787