Strategies for optimizing risks affecting sources of financing of construction industry enterprises

Authors

  • Bashar Habib Shirinov Azerbaijan University of Architecture and Construction

DOI:

https://doi.org/10.26906/EiR.2026.2(101).4660

Keywords:

construction, financing, strategy, comparison, assets, debt sources, planning

Abstract

It is impossible to improve management without studying, systematizing and generalizing the experience of developing public relations in both the economy and the construction sector. Optimization of risks affecting the financial resources of enterprises in the construction industry is carried out through early identification of risks, diversification of financial sources and flexible planning. Effective management taking into account interest rates, inflation and market changes increases the stability and financial sustainability of projects. Taking into account the above, the article considers the features of investment projects in the construction industry, classifies the risks associated with the implementation of construction projects, and also analyzes such issues as risk reduction strategies and optimization of the financial and economic activities of the enterprise.

Author Biography

  • Bashar Habib Shirinov, Azerbaijan University of Architecture and Construction

    Doctor of Philosophy in Economics, Associate Professor

References

Abbasov S.A. (2009) Financial management: problems of organization and improvement (monograph). Baku, “Science and Education”, 288 p.

Bagirov D. A., Hasanli M.Kh. (2011) “Finance” textbook Baku.

Eyniyev T., Geibullayev G., Mammadov M. (2001) Economy and management of construction. Textbook, Baku.

Flyvbjerg, B. (2017) The Oxford handbook of megaproject management. Oxford University Press.

5.Haji Niyazi Alikram oglu Hasanov (2018) Strategic management of business (Textbook), Baku.

Babayev I.A. (2016) Project Manager's Roadmap - Baku, 192 p.

Kerzner, H. (2017) Project Management: A Systems Approach to Planning, Scheduling, and Controlling (12th ed.). Hoboken, NJ: Wiley.

Mammadov M. A., Aliyev A. M. (2022) Management textbook, Baku.

Mammadova K.M. (2022) Strategic management and leadership - Teaching materials, Baku.

Mammadov M. A., Mammadova F. A., Alizade S. I. (2021) Strategic Management, Baku – "Tahsil" ELM.

Samadzade Sh. A., Aliyeva E. A., N Aliyev. S. (2003) Investment planning, Teaching materials Baku.

Shirinov Bashar Habib oglu; Mammadzade Ilkin Farid oglu (2024) Application possibilities of marketing strategy in construction companies, Economics and Region, № 2 (93).

Shirinov B. (2021) The role of logistics analysis methods in the Enterprise Resource Management System. Economy and the state, pp. 83–86.

Downloads

Published

2026-05-29

Issue

Section

MONEY, FINANCE AND CREDIT