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Risk Management and SME's: Needs, Attitudes, Competencies

Author

Listed:
  • Sabina Irimie

    (Bucharest University of Economic Studies)

  • Luise Zeininger

    (Bucharest University of Economic Studies)

  • Mircea Mihai

    (Bucharest University of Economic Studies)

Abstract

Risk is nowadays part of our daily lives. Business associated risks are no exception and managers should be prepared to face them. Our paper presents some of the results on a larger study on the impact of various risk exposures on private companies with the objective to determine the general perception of Romanian SMEs management teams regarding risk. The findings illustrate, from their perspective, the main threats and the main vulnerabilities of their business, some preferred methods of risk management and last but not least the size of the risk management team if any in place.

Suggested Citation

  • Sabina Irimie & Luise Zeininger & Mircea Mihai, 2016. "Risk Management and SME's: Needs, Attitudes, Competencies," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 179-186.
    • Handle: RePEc:ddj:fserec:y:2016:p:179-186
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    Cited by:

    1. 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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