Current Issues in the Development of Corporate Business and Internal Control Risk Management in Russian Companies

Key Points

• The article investigates the current issues surrounding corporate business risk management and internal control in Russian firms.
• Critical overview of Russian practices
• Analysis of compliance with regulatory requirements
• Evaluation of stakeholder management model advantages
• Identification of current challenges in risk management practices
• Discussion of advantages in stakeholder management for corporate control
• Recommendations for enhancing corporate control of business risks