ON CORPORATE RISK MANAGEMENT PRACTICES IN ROMANIAN COMPANIES

dc.creatorHorobet, Alexandra
dc.creatorDumitrescu, Sorin
dc.creatorJoldes, Cosmin
dc.date2017-04-01T13:44:48Z
dc.date.accessioned2026-07-09T04:54:03Z
dc.descriptionThe purpose of this paper is to provide an understanding of corporate risk management practices in Romanian companies, by investigating the risk management approaches Romanian companies take. Our main findings are that Romanian managers are not aware of the magnitude of exposure their companies have to various types of risk – hazard, operational, financial and strategic risks, while they are able to manage rather well all these risks, even the ones that have the lowest impact on the business. At the same time, risk management systems employed by Romanian companies are rather inarticulate and based on traditional approaches towards risk management, which might represent by itself a major source of risk, given the complexity of the business environment they face.
dc.identifierdoi:10.22004/ag.econ.53574
dc.identifierhttps://ageconsearch.umn.edu/record/53574/files/16_Alexandra%20Horobet.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/53574
dc.identifier.urihttp://hdl.handle.net/123456789/556389
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/53574
dc.titleON CORPORATE RISK MANAGEMENT PRACTICES IN ROMANIAN COMPANIES
dc.typeText

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