EconPapers    
Economics at your fingertips  
 

Supply Risk Management: Mitigation Strategy

Antonio Coviello and Giovanni Di Trapani

The International Journal of Economic Behavior - IJEB, 2013, vol. 3, issue 1, pages 169-176

Abstract: The role of risk management is to analyse the measures aimed at protecting firms, specifically the Risk Management techniques. Company protection is a field in which managerial innovations are urgently required. The need for the supply risk management is the result of social awareness for safety, law-makers desire to regulate dangerous activities and protect individuals exposed to risk, the evolution of technologies which are becoming increasingly complex and dangerous. Malicious and accidental events imply substantial costs that in the most severe cases can even exceed the company’s financial capability. An accurate management of these events and a mitigation strategy can then be a valuable source of saving.A low level of propensity to manage and govern mere risks is also due to a specific firm-insurance company relationship characterised by both co-operation and conflicts: nowadays firms do not want “traditional” insurance policies only; they require a range of quality innovative insurance-financial products with consulting services.

Keywords: Supply risk management; mitigation strategy; Insurance (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://ijeb.faa.ro/download/476_9%20-%20COVIELLO_DI%20TRAPANI.pdf (application/pdf)
http://ijeb.faa.ro/en/article/Supply-Risk-Manageme ... on-Strategy~476.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:but:ijebfa:v:3:y:2013:i:1:p:169-176

Access Statistics for this article

The International Journal of Economic Behavior - IJEB is currently edited by Fabio Musso

More articles in The International Journal of Economic Behavior - IJEB from Faculty of Business and Administration, University of Bucharest Contact information at EDIRC.
Series data maintained by Cosmin Catalin Olteanu ().

 
Page updated 2015-09-08
Handle: RePEc:but:ijebfa:v:3:y:2013:i:1:p:169-176