Risk management in companies and the importance of selected measures for overcoming the crisis
Part of : WSEAS transactions on business and economics ; Vol.10, No.3, 2013, pages 133-141
Issue:
Pages:
133-141
Author:
Abstract:
The present article deals with the management of business risk. Business risk is fundamental to the long term success of a company and the achievement of its goals. Risks can be classified in various ways. There are basic categories of risk such as systemic risk, market risk, production risk, etc. Enterprises can substantially eliminate a certain part of the risk, although some risks cannot be controlled by the company. The financial crisis has had a major impact on the success of firms. This crisis was due to the mortgage crisis in the U.S. In order to verify the relevance of the chosen measures for crisis management, a survey has been carried out in the Czech Republic. Selected results of this research are presented in the article.
Subject:
Subject (LC):
Keywords:
cash flow, crisis, equity, financial measures, ratio, cash flow, turnaround strategy
Notes:
Περιέχει πίνακες, διαγράμματα και βιβλιογραφία
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