Analysis of the Development of Financial Risk Management of the Enterprise in Kazakhstan

  •  B. M. Aliyeva    
  •  M. T. Zholamanova    
  •  Zh. K. Zhorabayeva    


In this scientific article based on the study of problems of effective management of financial risks of Kazakhstani companies and "KazMunaiGas" JSC were identified the main risks, which typical for Kazakhstan's financial market at the present stage of its development, was justified the feasibility of using indicators to measure the level of financial risks on the basis of the comparative analysis based on the VaR methodology, as well as the expediency of the use of futures and options contracts to hedge the financial risks of the companies.


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