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Aspects Of Risk Management Introduction In Small And Medium Enterprises

Author

Listed:
  • Luise Zeininger

    (The Bucharest Academy of Economic Studies, Bucharest, Romania)

  • Sabina Irimie

    (University of Petrosani, Romania)

Abstract

The main objective of this paper is to provide a perspective on the main characteristics of approaching Risk Management by micro, small and medium enterprises' top management based on both European Union regulatory documents and also on ISO standards - mainly ISO 31000:2009 Risk management - Principles and guidelines. The paper aims to present some aspects of the main approaches on what is the role of Risk Management within a modern organisation and how is Risk Management introduction tied to organisational structure and culture, to top management risk aversion.

Suggested Citation

  • Luise Zeininger & Sabina Irimie, 2015. "Aspects Of Risk Management Introduction In Small And Medium Enterprises," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 200-209.
  • Handle: RePEc:ddj:fserec:y:2015:p:200-209
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    Citations

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    Cited by:

    1. Luise ZEININGER & Sabina IRIMIE & Mircea MIHAI, 2017. "SME's Implementing a Quality Management System- Risks and Opportunities," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 14-19.
    2. Luise ZEININGER & Sabina IRIMIE & Mircea MIHAI, 2017. "The Challenges Of Transition To The New Issue Of Iso 9001," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(1), pages 812-822, November.

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