Risk management for effective economic development of the agribusiness enterprises

The paper considers the main aspects of risk management in the agricultural organizations based on the control of the economic activities of organizations. The main goal of the study was to optimize the risk management system for ensuring the economic efficiency growth of agribusiness enterprises. In the work, such research methods as monographic, graphic, abstract-logical methods were used, while the scientific works of domestic scientists that reveal the problems of the functioning of the risk management system in agriculture served as a theoretical and methodological basis of the study. Stable functioning of agribusiness enterprises is the main criterion for sustainable development of the national economy, which requires minimization of negative effects of various types of risks. This approach can significantly reduce economic risks due to the use of differentiated instruments. The totality of the organization's risks has both subjective and objective origins, which is associated both with certain economic risks of the organization and with external risk-forming factors that the organization seeks to prevent, or to minimize their negative impact. A classification of the factors forming the risks of an economic entity is carried out in the study. It also identifies general risks in the activities of agribusiness enterprises, and provides a classification of specific entrepreneurial risks in the agricultural production and agricultural risks directly. In addition, the work identifies the structural elements of the risk management mechanism in agricultural organizations, and also presents a step-by-step scheme for the functioning of the risk management mechanism in the organization of agricultural business. The formation of a risk management system for agricultural organizations should ensure timely identification, accounting and control over possible risks using existing methods to prevent and minimize them, including those, which are based on the use of economic efficiency control in the agribusiness enterprises.