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Different Categories of Business Risk

Author

Listed:
  • Simona-Valeria TOMA

    (Dunarea de Jos University of Galati, România)

  • Ioana-Veronica ALEXA

    (Dunarea de Jos University of Galati, România)

Abstract

Every business organisation involves some elements of risk. Unmitigated risks can result in lost opportunity, financial losses, loss of reputation, or loss of the right to operate in a jurisdiction. Like any other risk type, understanding business risks is quite important for every business to garner profits instead of facing losses. A business risk is a universal risk type; this means that every business in the world faces business risks. Therefore, it is imperative to understand the different categories of business risk in order creating the appropriate strategies. The aim of this paper is to describe the most important categories of business risks and to demonstrate that every type of risk has to receive equal treatment and consideration

Suggested Citation

  • Simona-Valeria TOMA & Ioana-Veronica ALEXA, 2012. "Different Categories of Business Risk," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 109-114.
    • Handle: RePEc:ddj:fseeai:y:2012:i:2:p:109-114
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    File URL: http://www.ann.ugal.ro/eco/Doc2012.2/Toma_Alexa.pdf
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    References listed on IDEAS

    as
    1. Hoti, Suhejla, 2005. "Modelling country spillover effects in country risk ratings," Emerging Markets Review, Elsevier, vol. 6(4), pages 324-345, December.
    2. Tiberiu Cristian Avrămescu & Emilia Ungureanu, 2008. "The Risks and Advantages of the Decisional Process Strategically Associated to the Romanian Companies," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 8(1), pages 5-10.
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    Cited by:

    1. Iuliia S. Pinkovetskaia & Anton V. Lebedev & Irina V. Gruznova & Igor V. Balynin, 2020. "Catastrophic Business Risk: Data From the Russian Regions," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 16(3), pages 83-92.
    2. Dirk Urpani & Simon Grima & Yannis Thalassinos, 2020. "The Benefits of Securitisation in the European Peer to Peer Lending Industry," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 10(3), pages 132-156.

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    More about this item

    Keywords

    Business risk; Risk management;

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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