Year 2025, Issue 

Date published

29.5.2025

Table of content

  • Zoya Ivanova
    ECONOMIC AND MANAGERIAL ASPECTS OF COUNTERPARTY RISK IN ELECTRONIC COMMERCE
    JEL: F13, F14, L81, L86.
    Keywords: counterparty risk, e-commerce, enterprises with online sales, counterparty risk management model, counterparty online transactions
    Summary: party risk management in e-commerce is an integral part of the risk strategy of businesses with online sales. In the global trad-ing network, online transactions carried out by counterparties create a number of prerequisites, factors and causes for risky situations and circumstances. The purpose of this monograph is to adapt and ... ... Counterparty risk management in e-commerce is an integral part of the risk strategy of businesses with online sales. In the global trad-ing network, online transactions carried out by counterparties create a number of prerequisites, factors and causes for risky situations and circumstances. The purpose of this monograph is to adapt and ap-prove a model for managing counterparty risk in e-commerce at the level of enterprises with online sales and on this basis to form general-izing findings and draw valid conclusions, based on research and syn-thesis of the economic and managerial aspects of counterparty risk in e-commerce. In this regard, theoretical, methodological and empirical aspects of studying the counterparty risk management in the research area are presented and interpreted. The findings obtained from the conducted research show that effective management of counterparty risk of enterprises with online sales is associated with the development of specific business ideas and practices, as well as strategic measures for its timely and targeted disclosure, identification, diagnosis, assess-ment, prevention and deterrence. TABLE OF CONTENTS Introduction 9 Chapter one. THEORETICAL ASPECTS OF COUNTERPARTY RISK IN E-COMMERCE 15 Counterparty risk as an element of the aggregate (general) risk of commercial enterprises 15 2. Determining the conceptual framework of e-commerce 22 3. Systematization of counterparty risk types in e-commerce 32 Chapter two. METHODOLOGICAL ASPECTS OF RESEARCH ON COUNTERPARTY RISK MANAGEMENT IN E-COMMERCE 46 Technology and approaches for managing counterparty risk in e-commerce 46 Economic models for counterparty risk management in e-commerce 57 Construction of a counterparty risk management model in e-commerce 68 Development of a methodology for researching counterparty risk management in e-commerce 78 Chapter three. EMPIRICAL ASPECTS OF RESEARCH ON COUNTERPARTY RISK MANAGEMENT IN E-COMMERCE 91 Research on the status and dynamics of e-commerce in the European Union 91 Identification of consumers in Bulgaria who purchase goods and services over the Internet for personal use 106 Diagnosing the risk exposure of enterprises in Bulgaria with online sales 122 Assessing the counterparty risk of consumers in Bulgaria who purchase goods and services online for personal use 139 Conclusion 150 A reference list 152 A list of figures 164 A list of tables 167