Management of Risks

Sebastian Văduva, Victor T. Alistar, Andrew R. Thomas, Călin D. Lupiţu and Daniel S. Neagoie
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Sebastian Văduva: Emanuel University of Oradea
Victor T. Alistar: Transparency International Romania
Andrew R. Thomas: The University of Akron
Călin D. Lupiţu: Emanuel University of Oradea
Daniel S. Neagoie: Emanuel University of Oradea

Chapter Chapter 5 in Moral Leadership in Business, 2016, pp 77-92 from Springer

Abstract: Abstract In the context of an organization, risk is defined as any event or circumstance that can negatively affect that organization. Risks can appear because of the uncertainty on the financial markets, because of project failures, legal debt, crediting risk, accidents, natural causes, and catastrophes, as well as intentional attacks from a competitor or other unpredictable events. Therefore, we can talk about management risks, such as brand and reputation risk; competition risk; customer risk; bankruptcy and the risk induced by suppliers; operational risks such as the commercial, personnel, technological, and e-risk; and financial risks.

Keywords: Risk Management; Money Laundering; Good Reputation; Corrupt Practice; Compliance Program (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-3-319-42881-9_5

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DOI: 10.1007/978-3-319-42881-9_5

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