The proper factors that determine the risk
Nicoleta Moise ()
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Nicoleta Moise: "Dimitrie Cantemir" Christian University
Social-Economic Debates, 2015, vol. 4, issue 1, pages 27-31
It appears that generally limitations in achieving objectives are caused by the next realities: (1)leader’s judgment in making decisions is not always the best, if there are not regarded all the circumstances; (2) risks can occur because of simple error or misconduct; (3) decisions on risks and internal controls implemented do not take account on costs and benefits; (4) in many cases the implementation of internal controls is ignored as a result of agreements between public enterprise management and some employees or third parties, which increases the risk and possibility of control.
Keywords: Management risk; local public enterprises (search for similar items in EconPapers)
JEL-codes: L32 M40 (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:sdb:social:v:4:y:2015:i:1:p:27-31
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