Risk Assesment: An Important Tool for Companies

Nicoleta Panait and Costin Alexandru Panait ()
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Costin Alexandru Panait: University of Craiova cod: 20058513, A.I.Cuza Street, Craiova, Dolj, ROMÂNIA

Global Economic Observer, 2017, vol. 5, issue 2, 97-102

Abstract: The study summarizes what it means risks, the main risk management strategies. The complexity of the business environment, liberalization and internationalization of financial flows, brings rapid innovation, diversified financial markets, new opportunities but also multiplied risks. Companies from Romania establish the types of risks they are prepared to take and the threshold at which risk is considered significant. The process of determining the risks that are taken includes the nature, the scale and the complexity of risk.

Keywords: companies; company’s risks; the strategy of the companies; profit; risk management (search for similar items in EconPapers)
Date: 2017-12
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Citations: View citations in EconPapers (1)

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