RESEARCH ON RISK MANAGEMENT, AS PART OF CORPORATE GOVERNANCE, IN ENTITIES
The Romanian companies are nowadays facing process of extinction of decisions based on risk and uncertainty, as a consequence of the permanent transforming process of the economy and because of the privatization, restructuring and globalization activities. The main forms of risk are can be grouped i...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Editura Univeristatii "Stefan cel Mare" din Suceava
2015-06-01
|
Series: | USV Annals of Economics and Public Administration |
Subjects: | |
Online Access: | http://annals.seap.usv.ro/index.php/annals/article/view/807/738 |
_version_ | 1818540280001855488 |
---|---|
author | Florin BOGHEAN |
author_facet | Florin BOGHEAN |
author_sort | Florin BOGHEAN |
collection | DOAJ |
description | The Romanian companies are nowadays facing process of extinction of decisions based on risk and uncertainty, as a consequence of the permanent transforming process of the economy and because of the privatization, restructuring and globalization activities. The main forms of risk are can be grouped in eight categories: economical risks, financial risks, commercial risks, manufacturing risks, political risks, social risks, juridical risks, natural risks. Through its nature the decision is referring to the future, mainly being provisional. In any decisional process developed at the company level, there are involved in the same time some economical, techniques, juridical, human and managerial variables. As a consequence of the decision (generally) and of managerial decision (particularly), because of its complexity and its contextual deter in its growth there are associated many risks. The main objective of this paper is to capture the factors that influence the decisional process, in the context of the implementation of corporate governance in view of the company’s resources, production methods and its operational environment and the identification of decision making support systems. I consider that the study contributes to the development of knowledge in the risk management field associated with decision making processes in the context of efficient corporate governance, based on a series of new elements and authenticity. |
first_indexed | 2024-12-11T21:53:15Z |
format | Article |
id | doaj.art-8a1bd18f4bb14a3798941a9a3649a2c7 |
institution | Directory Open Access Journal |
issn | 2285-3332 2344-3847 |
language | English |
last_indexed | 2024-12-11T21:53:15Z |
publishDate | 2015-06-01 |
publisher | Editura Univeristatii "Stefan cel Mare" din Suceava |
record_format | Article |
series | USV Annals of Economics and Public Administration |
spelling | doaj.art-8a1bd18f4bb14a3798941a9a3649a2c72022-12-22T00:49:24ZengEditura Univeristatii "Stefan cel Mare" din SuceavaUSV Annals of Economics and Public Administration2285-33322344-38472015-06-01153(2015)127135RESEARCH ON RISK MANAGEMENT, AS PART OF CORPORATE GOVERNANCE, IN ENTITIESFlorin BOGHEAN0University "Stefan cel Mare" of Suceava, RomaniaThe Romanian companies are nowadays facing process of extinction of decisions based on risk and uncertainty, as a consequence of the permanent transforming process of the economy and because of the privatization, restructuring and globalization activities. The main forms of risk are can be grouped in eight categories: economical risks, financial risks, commercial risks, manufacturing risks, political risks, social risks, juridical risks, natural risks. Through its nature the decision is referring to the future, mainly being provisional. In any decisional process developed at the company level, there are involved in the same time some economical, techniques, juridical, human and managerial variables. As a consequence of the decision (generally) and of managerial decision (particularly), because of its complexity and its contextual deter in its growth there are associated many risks. The main objective of this paper is to capture the factors that influence the decisional process, in the context of the implementation of corporate governance in view of the company’s resources, production methods and its operational environment and the identification of decision making support systems. I consider that the study contributes to the development of knowledge in the risk management field associated with decision making processes in the context of efficient corporate governance, based on a series of new elements and authenticity.http://annals.seap.usv.ro/index.php/annals/article/view/807/738financial riskstrategic decisionglobal strategy |
spellingShingle | Florin BOGHEAN RESEARCH ON RISK MANAGEMENT, AS PART OF CORPORATE GOVERNANCE, IN ENTITIES USV Annals of Economics and Public Administration financial risk strategic decision global strategy |
title | RESEARCH ON RISK MANAGEMENT, AS PART OF CORPORATE GOVERNANCE, IN ENTITIES |
title_full | RESEARCH ON RISK MANAGEMENT, AS PART OF CORPORATE GOVERNANCE, IN ENTITIES |
title_fullStr | RESEARCH ON RISK MANAGEMENT, AS PART OF CORPORATE GOVERNANCE, IN ENTITIES |
title_full_unstemmed | RESEARCH ON RISK MANAGEMENT, AS PART OF CORPORATE GOVERNANCE, IN ENTITIES |
title_short | RESEARCH ON RISK MANAGEMENT, AS PART OF CORPORATE GOVERNANCE, IN ENTITIES |
title_sort | research on risk management as part of corporate governance in entities |
topic | financial risk strategic decision global strategy |
url | http://annals.seap.usv.ro/index.php/annals/article/view/807/738 |
work_keys_str_mv | AT florinboghean researchonriskmanagementaspartofcorporategovernanceinentities |