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ASPECTS OF RISK MANAGEMENT INTRODUCTION IN SMALL AND MEDIUM ENTERPRISES

Luise Zeininger () and Sabina Irimie ()
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Luise Zeininger: The Bucharest Academy of Economic Studies, Bucharest, Romania

Risk in Contemporary Economy, 2015, 200-209

Abstract: The main objective of this paper is to provide a perspective on the main characteristics of approaching Risk Management by micro, small and medium enterprises' top management based on both European Union regulatory documents and also on ISO standards - mainly ISO 31000:2009 Risk management - Principles and guidelines. The paper aims to present some aspects of the main approaches on what is the role of Risk Management within a modern organisation and how is Risk Management introduction tied to organisational structure and culture, to top management risk aversion.

Keywords: management; business objectives; risk management (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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