• A
  • A
  • A
  • АБВ
  • АБВ
  • АБВ
  • A
  • A
  • A
  • A
  • A
Обычная версия сайта
  • RU
  • EN
  • HSE University
  • Publications
  • Book chapter
  • Market risk assessment in Russian high-tech companies
  • RU
  • EN
Расширенный поиск
Высшая школа экономики
Национальный исследовательский университет
Priority areas
  • business informatics
  • economics
  • engineering science
  • humanitarian
  • IT and mathematics
  • law
  • management
  • mathematics
  • sociology
  • state and public administration
by year
  • 2027
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
  • 2001
  • 2000
  • 1999
  • 1998
  • 1997
  • 1996
  • 1995
  • 1994
  • 1993
  • 1992
  • 1991
  • 1990
  • 1989
  • 1988
  • 1987
  • 1986
  • 1985
  • 1984
  • 1983
  • 1982
  • 1981
  • 1980
  • 1979
  • 1978
  • 1977
  • 1976
  • 1975
  • 1974
  • 1973
  • 1972
  • 1971
  • 1970
  • 1969
  • 1968
  • 1967
  • 1966
  • 1965
  • 1964
  • 1963
  • 1958
  • More
Subject
News
May 25, 2026
HSE Scientists Train Neural Network to 'Hear' Faults in Electric Motors
Researchers at the AI and Digital Science Institute of the HSE Faculty of Computer Science have developed a new method—the Signature-Guided Data Augmentation (SGDA) framework—that achieves 99% accuracy in motor fault detection and 86% accuracy in fault classification. The application of this approach can reduce industrial equipment repair costs, minimise downtime, and improve production safety. The study results have been published in Engineering Applications of Artificial Intelligence.
May 25, 2026
'The Humanities Serve as a Conscience'
Maria Mizernaia studies Soviet literature and the history of book publishing. In this interview for the HSE Young Scientists project, she discusses plans to publish a novel about besieged Leningrad, AI-provoked reflections on what it means to be human, and how novels can help satisfy our dopamine hunger.
May 25, 2026
Is It Possible to Predict a Citys Life Based on the Shape of Its Neighbourhoods?
Is it possible to predict, based on the configuration of streets and buildings, where a café will open or where traffic congestion will occur? Participants in the Spatial Analysis and Modelling of Urban Processes research and study group use open data and machine learning to identify universal patterns. Alexander Sheludkov and Eduard Somov discuss the purpose of comparing cities, the need for new forms of urban statistics, and how open data is transforming approaches to urban studies.

 

Have you spotted a typo?
Highlight it, click Ctrl+Enter and send us a message. Thank you for your help!

Publications
  • Books
  • Articles
  • Chapters of books
  • Working papers
  • Report a publication
  • Research at HSE

?

Market risk assessment in Russian high-tech companies

P. 51–54.
Sobolev A.

Advanced currency risk management as an integral part of the enterprise risk management system can deliver the best options for the corporate policy and free capital allocation in the money market, thus it can significantly improve the overall corporate efficiency in high-tech enterprises.

Language: English
Text on another site
Keywords: market riskhigh-tech companies

In book

Proceedings of XIV International scientific conference "Science in 2018"
Morrisville: Lulu Press, Inc., 2018.
Similar publications
Downside Market Risk: A Key Determinant of Cryptocurrency Returns
Kuslyaikin A., Экономическая политика 2025 Т. 20 № 1 С. 30–55
This paper is one of the first studies to investigate how downside market risk affects cryptocurrency returns. Based on weekly data for more than 900 cryptocurrencies from 2014 to 2018, downside market risk is considered in three different forms as it arises in the cryptocurrency market, the aggregate alternative investment market, and the stock market. ...
Added: April 7, 2025
The Regulator’s Dilemma: Impact of Short-Selling Bans on Tail Risk in Equity Markets
Kipriyanov A., Russian Journal of Money and Finance 2024 Vol. 83 No. 3 P. 70–91
COVID-19 forced market regulators in several European countries to introduce short-selling bans in spring 2020. This paper examines the effect of the bans on the volatility and tail risk in the equity markets. Such bans are assumed to be helpful in preventing severe market crashes: the removal of short sellers is believed to reduce falls ...
Added: September 30, 2024
Динамическая модель Нельсона–Зигеля для оценки рыночного риска облигаций: практические аспекты имплементации
Makushkin M., Lapshin V. A., Прикладная эконометрика 2023 Т. 69 С. 5–27
The article is devoted to Value-at-Risk estimation of bonds based on Dynamic Nelson–Siegel model (DNS). Instead of dealing with estimation of future interest rates and their volatiles, DNS model forecasts several unobservable shape parameters of the yield curve. We illustrate that for practical purposes one factor model is enough to correctly estimate bond VaR — ...
Added: March 18, 2023
Relationship of Property Structure and Performance of High-Tech Technology
Rybalka A., Studies on Russian Economic Development 2020 Vol. 31 No. 3 P. 264–270
Based on data from high-tech companies in Eastern and Western Europe, the article analyzes the relationship between ownership structure parameters, some corporate governance factors, and company performance. The main purpose is to examine the established patterns of ownership structure of successful companies. It is revealed that at the initial stage of development of companies, the “Sole leader ...
Added: June 17, 2021
Эффективное использование интеллектуального потенциала как необходимое условие обеспечения комплексной экономической безопасности высокотехнологических компаний
Кокурина А. Д., Вестник Московской международной высшей школы бизнеса МИРБИС 2020 № 3 С. 165–175
The article examines the issues of preserving and developing the intellectual potential (IP) of Russian high-tech companies, which is one of the factors for ensuring their economic security (EB). The purpose of the article is to establish the dependence of the economic security of high-tech companies on the level of their intellectual potential. Based on a thorough analysis ...
Added: December 10, 2020
Банковские риски: международные подходы к оценке и управлению
Khasyanova S. Y., М.: ИНФРА-М, 2020.
The book is devoted to assessment and management of banking risks based on international approaches. The application of the methods of assessment, management and risk minimization in commercial banks is considered both in the context of adaptation of the international recommendations and standards in the banking sector of the Russian Federation, as well as in ...
Added: December 6, 2020
СТРУКТУРНЫЕ ИЗМЕНЕНИЯ В РОССИЙСКОЙ ЭКОНОМИКЕ И СТРУКТУРНАЯ ПОЛИТИКА
Simachev Y. V., Akindinova N., Yakovlev A. A. et al., НИУ ВШЭ, 2018.
В докладе содержится анализ основных структурных изменений в российской экономике, проводится их сопоставление с тенденциями, характерными для развитых и развивающихся стран. На этой основе определяются некоторые следствия (условия и задачи) для активной структурной политики. С учетом современных подходов к формированию структурной политики, изменений в условиях ее реализации изучаются возможности проведения структурной политики в России, причем ...
Added: October 15, 2019
Оценка рыночного риска на основе VaR с учетом дней ожидаемой повышенной волатильности.
Berzon N. I., Смирнов А. А., Piliugin G. V., Финансы и бизнес 2018 Т. 14 № 3 С. 19–35
Nowadays investors are facing changing conditions of global financial markets and should evaluate risks correctly. The most crucial factor is market risk that defines financial stability and investment results of professional participants at financial market and its clients. One of the characteristics of American stocks are higher volatility during financial report announcements. Common VaR methodology ...
Added: November 28, 2018
History of the World Largest Financial Losses in 1972-2018
Penikas H. I., Surkov M., / Series ISSN: 2281-1346 "DEM Working Papers Series 2018-2020". 2018. No. 166.
Deregulation is often claimed to be the cause for financial distress. Thus it has to lead to financial defaults and losses. However, exact dependence is not clear. To verify it we tried to investigate the roots of world largest financial losses. As we found no source to extensively and completely cover those, we decided to ...
Added: October 16, 2018
Could High-Tech Companies Learn from others while Choosing Capital Structure?
Kokoreva M. S., Stepanova A. N., Повх К. С., / Series WP BRP "Basic research program". 2017. No. 62/FE/2017.
This paper analyzes why high-tech firms are less likely to have debt in their capital structure. The share of zero-leverage firms increased in the US in the Software & Services, Hardware Equipment and the Pharmaceutical & Biotechnical industries which are treated as high-tech firms in our research. We divide the sample of US-based firms from ...
Added: October 27, 2017
Моделирование времени жизни ипотечного кредита
Румянцева Е. В., Furmanov K. K., Прикладная эконометрика 2016 Т. 41 С. 123–143
Paper is devoted to modeling risks of mortgage default and prepayment using data from large Russian mortgage agency. Various techniques of survival analysis are applied to estimate corresponding hazard functions and their relation to loan characteristics. Along with traditional, single equation regression models, split population approach is used. Special attention is paid to model selection ...
Added: June 20, 2016
Европейская платежеспособность российской страховой организации
Tarasova J., Смирнова А. Н., В кн.: Международный экономический симпозиум – 2015. Материалы Международных научных конференций, посвященных 75-летию экономического факультета Санкт-Петербургского государственного университета.: СПб.: Скифия-принт, 2015. С. 196–206.
The algorithm for finding the required equity capital for the insurance company is the basis of the Solvency II Directive of the European Union. Russia's accession to the WTO and the increase in individual companies of the financial stability and solvency at the expense of investment deals shows the relevance of the study. The purpose ...
Added: February 17, 2016
Методы и модели стресс-тестирования рыночных рисков портфеля финансовых инструментов
Karminsky A. M., Серякова Е. В., Вестник МГИМО Университета 2015 № 4 (43) С. 53–63
Amid instability of financial markets and macroeconomic situation the necessity of improvingbank risk-management instrument arises. New economic reality defines the need for searching for more advanced approaches of estimating banks vulnerability to exceptional, but plausible events. Stress-testing belongs to such instruments. The paper reviews and compares the models of market risk stress–testing of the portfolio ...
Added: October 25, 2015
О развитии банковского надзора на основе международных принципов
Khasyanova S. Y., Деньги и кредит 2014 № 10 С. 26–31
After the recent financial crisis in many countries there was a noticeable reinterpretation of the supervision and its role in improving of reliability and efficiency of financial intermediaries. Before that was the introduction of the basic principles of supervision, but now the main attention is given to the quality of supervision and enhancing its role ...
Added: October 30, 2014
Банковский сектор России в глобальной системе финансовой стабильности
Khasyanova S. Y., Деньги и кредит 2013 № 6 С. 35–40
The aim of this work is to analyze the financial stability indicators of Russian banking sector over a period 2008–2012. The analysis based on data published and used by the International Monetary Fund for assessing financial stability of various countries. During the research the factors affecting the level and dynamics of analyzed indicators were identified. ...
Added: July 15, 2013
Моделирование оценки рыночного риска рынков европейских стран в период финансового кризиса 2008 года
Щерба А. В., Прикладная эконометрика 2012 № 3 С. 20–35
The work is dedicated to VaR models, estimated on the equities quotes of the six European countries. The time series cover three economic periods - pre crisis, crisis and post crisis, where the crisis period is the financial crunch of the 2008 year. The volatility estimation is based on the four APARCH(1,1) models and six ...
Added: December 2, 2012
Сравнение моделей оценок VAR на интервалах прогнозирования разной срочности для акций российского фондового рынка
Щерба А. В., Прикладная эконометрика 2011 № 4 С. 58–70
The paper aims at finding the most accurate VaR model for the four most liquid Russian stocks. Among the possible VaR modeling techniques, the estimates considered in this work are based on GARCH models with six different distributions. A back testing analysis is performed to evaluate the accuracy of the alternative models and to find ...
Added: September 23, 2012
  • About
  • About
  • Key Figures & Facts
  • Sustainability at HSE University
  • Faculties & Departments
  • International Partnerships
  • Faculty & Staff
  • HSE Buildings
  • HSE University for Persons with Disabilities
  • Public Enquiries
  • Studies
  • Admissions
  • Programme Catalogue
  • Undergraduate
  • Graduate
  • Exchange Programmes
  • Summer University
  • Summer Schools
  • Semester in Moscow
  • Business Internship
  • Research
  • International Laboratories
  • Research Centres
  • Research Projects
  • Monitoring Studies
  • Conferences & Seminars
  • Academic Jobs
  • Yasin (April) International Academic Conference on Economic and Social Development
  • Media & Resources
  • Publications by staff
  • HSE Journals
  • Publishing House
  • iq.hse.ru: commentary by HSE experts
  • Library
  • Economic & Social Data Archive
  • Video
  • HSE Repository of Socio-Economic Information
  • HSE1993–2026
  • Contacts
  • Copyright
  • Privacy Policy
  • Site Map
Edit