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Market hazards and risk management

Aléas du marché et management du risque

Bernard Guillon ()
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Bernard Guillon: LIREM - Laboratoire de Recherche en Management - UPPA - Université de Pau et des Pays de l'Adour

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Abstract: Asymmetrical and costly information, economic and administrative barriers to entry, exit, and mobility, differentiated production costs . . . non-conformist competition, unpredictable markets . . . companies of varying size, scope, and market power must manage the risk arising from imperfection, which often goes beyond the strict framework of economics and finance. While the literature on risk has begun to acquire a particular resonance over time due to its multifaceted nature, risk is an area of research that can and, above all, should motivate management specialists.

Date: 2022
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Published in Marché et Organisations – Revue d'analyse stratégique = Market & Organizations – Journal of Strategic Analysis, 2 (44), pp.224, 2022

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