Relationship between Risk Management and Resilience

Plamena Nedyalkova ()
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Plamena Nedyalkova: University of Economics – Varna/ Department of Accounting, Bulgaria

ACCOUNTING AND CONTROL: TRADITIONS AND NEW CHALLENGES IN VALUE CREATION AND SUSTAINABILITY, 2025, issue 1, 163-172

Abstract: Enterprises have always strived to develop, following the concept of "Be profitable". But over the years we have observed a strong change in the essence of this concept, because for an enterprise to be profitable, it is not enough to generate revenue and/or make a profit, but it is required to be successful in all economic, environmental, social and public activities. Only when an enterprise truly succeeds in this dynamic world, to properly manage all the transformations in which it presents itself, can it be assumed that it is resistant to time and change? In this report, we insist on the emphasis on the relationship between risk management and sustainability. We assume that for an enterprise to be sustainable, it must be very well managed in the direction of optimizing risks, to respond to every novelty and challenge that the environment imposes on this enterprise.

Keywords: Risk; management; sustainability; indicators; reporting (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:acctnc:y:2025:i:1:p:163-172

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