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CHALLENGES IN IMPLEMENTING RISK MANAGEMENT: A REVIEW OF THE LITERATURE

Adina-Liliana Prioteasa and Carmen Nadia Ciocoiu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2017, vol. 11, issue 1, 972-980

Abstract: Considering the highlighted importance of risk management in the past ten years, it is essential to know the current state of the literature regarding the challenges that characterize the process of risk management implementation. To address these elements, a literature review was conducted. After defining search criteria, the search was performed on Web of Science Core Collection and Scopus database. The final database included 5 articles from the two databases examined, plus 3 other non-indexed studies in databases that were found after searching on Google and 1 article from hard copy, most of them published in 2015. Results indicated that there is a growing interest in this concept, not only from a managerial, but also from an academic perspective. The results of this study provide to Romanian organizations an insight into the sensitive elements of the successful implementation of risk management.

Keywords: challenges; enterprise; factors; implementing; risk management. (search for similar items in EconPapers)
Date: 2017
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