Determination of the Essence of Economic Riskology of Corporate Integration of Joint-Stock Companies

The study explores key concepts of economic risk, including classical, neoclassical, and modern theories, identifying their defining features and practical implications. Economic risks are characterized as multifactorial phenomena encompassing financial, operational, market, regulatory, and social dimensions. The article also identifies additional risks related to human resources, technology, supplier dependencies, corporate reputation, and strategic alignment. The research underscores the necessity of a comprehensive approach to risk identification, assessment, and management. Such an approach involves a deep understanding of the underlying factors, rigorous analysis, and the development of strategies for mitigating risks and adapting to changes in external conditions. The study provides a detailed classification of economic risks based on their origins, characteristics, and potential impacts, offering a holistic framework for analyzing integration challenges. Recommendations are made for joint-stock companies to engage all stakeholders in the risk management process, ensure transparency in communication, and prepare contingency plans to address unforeseen circumstances. By adopting effective risk management practices, companies can navigate the complexities of corporate integration, achieve their strategic goals, and maintain long-term sustainability. This article is a valuable resource for corporate governance practitioners, policymakers, and researchers exploring integration processes and their associated risks. It contributes to the theoretical understanding of economic risks and provides actionable insights for minimizing potential challenges in corporate mergers and acquisitions.