ERM – A key option for a legal entity stability

Iuliu Cosmin Șerbănescu
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Iuliu Cosmin Șerbănescu: Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2014, vol. XXI, issue Special, 21-27

Abstract: Each time a company enhances programmes determined as a viable solution for risk mitigation, the result should be beyond an insurance optimization. Moreover, the recent developments had proved the necessity for such an approach. ERM struggles to become an option for the Romanian managers, but the financial particularities proved to be the setback of the system. ERM takes into account the major importance of stakeholders.

Keywords: enterprise risk management; risk mitigation; automotive company; STFs; hierarchy of controls. (search for similar items in EconPapers)
Date: 2014
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