RESEARCH RISKS OF THE OIL REFINING INDUSTRY OF THE RUSSIAN FEDERATION
Journal Title: Научно-практический журнал "Проблемы анализа риска" - Year 2016, Vol 13, Issue 4
Abstract
Unfavorable events in global scale have a great impact on Russian economy. Economic model of modernRussia, which is based on resource dependence, requires careful attention of management of enterprises to identify and reduce risks in the commodity industry. This article aimed to discuss the main risks of Russian companies in petroleum refining industry. Refining industry’s risks identification was made using the content analysis of annual reports of Russian refineries. As a result, top ten risks ranking has been proposed and differences in the risk exposure of public and private oil companies have been investigated.
Authors and Affiliations
A. D. Khajrullina, A. I. Mingazova, Y. F. Khajrullina
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