JUSTIFICATION AND IMPLEMENTATION OF THE RISKCONTROL FUNCTION ASSOCIATED WITH THE OPERATIONOF CORPORATION ASSETS: THEORETICAL ANDMETHODOLOGICAL ASPECT

Introduction. Improving the state of assets of Russian corporations in the conditions of
uncertainty necessitates the regulation of risks combined with their functioning at a new level, the
formation and development of which requires substantiation and implementation of innovative tools,
confirming the relevance of the study. Objective. The purpose of the study is to substantiate the
function of risk controlling, combined with the functioning of corporate assets in a theoretical and
methodological aspect, based on a comparison and generalization of existing theories. Materials and
methods. The works of Russian and foreign authors, differing in 2 directions, were studied: 1) L.S.
Vasilyeva, Yu.N. Vorobyov, V.V. Kovalev, G.B. Polyak consider the general process of financial
risk management in the financial management system of an organization; 2) I. A. Blank characterizes
the process of managing an organization's assets in general. Results and discussion. The need to
protect assets is substantiated; the condition for the manifestation of the function of controlling risks
correlated with the functioning of corporate assets is revealed – identification of these risks by the
type of activity; The key directions of manifestation of the risk controlling function, combined with
the functioning of corporate assets, are defined; the focus on a properly organized financial risk
culture is substantiated; based on the correlation of the "invisible" structure with the concept of the
invisible hand of the market by A. Smith, the priority of the essence over the form of risk
management, combined with the functioning of assets, is proven; the feasibility of creating an
«invisible» structure for managing risks, correlated with corporate assets, is substantiated; the
principles of its construction are highlighted. Conclusion. The key to the success of building an
«invisible» structure for managing risks, combined with the functioning of corporate assets, is
compliance with the financial risk culture, which in combination ensures the implementation of the
corresponding controlling function.