DEVELOPMENT OF RISK ADMINISTRATION IN LARGE PRIVATE COMPANIES OF GUADALAJARA JALISCO: DIFFICULTIES AND BENEFITS EL DESARROLLO DE LA ADMINISTRACION DE RIESGOS EN LAS GRANDES EMPRESAS PRIVADAS DE GUADALAJARA JALISCO: DIFICULTADES Y BENEFICIOS

Jose Asuncion Corona Duenas, Cesar Corona Pacheco, Maria Antonia Nunez and Isabel Jaraba

Revista Global de Negocios, 2019, vol. 7, issue 2, 51-70

Abstract: The objective of this document is to determine the degree of risk management development of major companies of the city of Guadalajara in the state of Jalisco, Mexico. For companies to generate cash flows and increase the value of their shares is important. It is important to identify factors that at a certain time affect their performance. We also wish to know the level of factors are found, relative to other Latin American countries. We analyzed the types of risks considered important for the companies in question and their interaction with these markets. These risks depend on their organization of risks within the company, how they identify them, their way of quantifying them and the benefits and difficulties. Another aspect taken into account is the regulatory framework that these companies must fulfil, such as credit risks, safety and health at work, environmental protection. These factors allow us to observe the level of development and management of risks in this area is low. They do not include all types of risks that these companies are exposed to because there is no culture yet.

Keywords: Risk Management; Risk Categories; Operational and Financial Risks (search for similar items in EconPapers)
JEL-codes: G30 G32 G38 G39 (search for similar items in EconPapers)
Date: 2019
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