Author: Lyudmila A. Ramenskaya, Cand. Sc. (Econ.), Associate Professor of Corporate Economics and Business Management Dept., Ural State University of Economics

Abstract. The article examines the nature of interrelation between risk and return using the case of companies involved in steel, wood processing, chemical and oil industries. The author states that there is a negative relationship between risk and return indicators for the majority of the companies in the sample.

Keywords: Risk management, risk-return paradox, Bowman’s paradox