Costs and Benefits of Risk Management

Andreas Wittmer ()
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Andreas Wittmer: University of St. Gallen

Chapter 6 in Aviation Risk and Safety Management, 2014, pp 57-71 from Springer

Abstract: Abstract This chapter provides an overview of: Different sources of risk from a microeconomic perspective The conflicting nature of risk perception: managers vs. shareholders Different risk perceptions of shareholders and stakeholders Systemic risk in network industries Implications of risk management on an operational level The cost and benefits of implementation and optimization of risk management for the company

Keywords: Risk Management; Risk Perception; Systemic Risk; Supervisory Board; Entrepreneurial Firm (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-319-02780-7_6

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DOI: 10.1007/978-3-319-02780-7_6

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