General Concepts Regarding Risk Appetite

Ana-Maria Dinu ()

Knowledge Horizons - Economics, 2014, vol. 6, issue 2, 157-159

Abstract: Risk appetite is a very complex system, therefore one of the most important element of a company’s enterprise risk management (ERM) is the risk appetite defining. A proper risk management means making good choices towards the risks a company faces in order to achieve its objectives and measures to mitigate those risks, not to avoid them. Therefore, the moment risk appetite is understood and clearly defined can become a powerful tool both for managing the occurred risks and business performance enhancing.

Keywords: Risk; appetite; risk management; strategies (search for similar items in EconPapers)
JEL-codes: G3 (search for similar items in EconPapers)
Date: 2014
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