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The proper factors that determine the risk

Nicoleta Moise ()
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Nicoleta Moise: "Dimitrie Cantemir" Christian University

Social-Economic Debates, 2015, vol. 4, issue 1, 27-31

Abstract: It appears that generally limitations in achieving objectives are caused by the next realities: (1)leader’s judgment in making decisions is not always the best, if there are not regarded all the circumstances; (2) risks can occur because of simple error or misconduct; (3) decisions on risks and internal controls implemented do not take account on costs and benefits; (4) in many cases the implementation of internal controls is ignored as a result of agreements between public enterprise management and some employees or third parties, which increases the risk and possibility of control.

Keywords: Management risk; local public enterprises (search for similar items in EconPapers)
JEL-codes: L32 M40 (search for similar items in EconPapers)
Date: 2015
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Handle: RePEc:sdb:social:v:4:y:2015:i:1:p:27-31