Risk Management in Higher Education Institutions in Bulgaria - State and Prospects

Evelina Parashkevova-Velikova
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Evelina Parashkevova-Velikova: D. A. Tsenov Academy of Economics

Business Management, 2020, issue 4 Year 2020, 60-70

Abstract: The paper examines the main challenges facing universities in Bulgaria. It presents organisational issues of risk management in the higher education system and focuses on practices that need to be changed in order to implement risk management. Based on comparative content analysis, it identifies key areas that should be the subject of intervention in educational and scientific organisations in order to achieve efficiency, effectiveness and appropriateness of the process. The paper proposes solutions to improve risk management in the sector. It outlines guidelines for introducing a systematic approach to risk management in order to improve the organisational environment and operational management.

Keywords: risk management; educational and scientific organisations; maturity of the risk management process (search for similar items in EconPapers)
JEL-codes: A2 M10 O2 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:dat:bmngmt:y:2020:i:4:p:60-70

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