On corporate risk management practices in Romanian companies

dc.contributor.authorHorobet, Alexandra
dc.contributor.authorDumitrescu , Sorin
dc.contributor.authorJoldes, Cosmin
dc.date.accessioned2021-06-28T11:16:49Z
dc.date.available2021-06-28T11:16:49Z
dc.date.issued2009-12-30
dc.description.abstractThe purpose of this paper is to provide an understanding of corporate risk management practices in Romanian companies, by investigating the risk management approaches Romanian companies take. Our main findings are that Romanian managers are not aware of the magnitude of exposure their companies have to various types of risk – hazard, operational, financial and strategic risks, while they are able to manage rather well all these risks, even the ones that have the lowest impact on the business. At the same time, risk management systems employed by Romanian companies are rather inarticulate and based on traditional approaches towards risk management, which might represent by itself a major source of risk, given the complexity of the business environment they face.en
dc.formatapplication/pdf
dc.identifier.citationApplied Studies in Agribusiness and Commerce, Vol. 3 No. 5-6 (2009) , 85-89
dc.identifier.doihttps://doi.org/10.19041/APSTRACT/2009/5-6/16
dc.identifier.eissn1789-7874
dc.identifier.issn1789-221X
dc.identifier.issue5-6
dc.identifier.jatitleAPSTRACT
dc.identifier.jtitleApplied Studies in Agribusiness and Commerce
dc.identifier.urihttps://hdl.handle.net/2437/317929en
dc.identifier.volume3
dc.languageen
dc.relationhttps://ojs.lib.unideb.hu/apstract/article/view/7572
dc.rights.accessOpen Access
dc.rights.ownerUniversity of Debrecen, Faculty of Economics and Business, Hungary
dc.subjectcorporate risk assessmenten
dc.subjectrisk managementen
dc.subjectRomaniaen
dc.titleOn corporate risk management practices in Romanian companiesen
dc.typefolyóiratcikkhu
dc.typearticleen
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