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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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2015:p:200-209
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