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Industry Risk: Main Factor of the Investment Decision Sustainability

Author

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  • Felicia Alina DINU

    (The Bucharest University of Economic Studies, Romania)

Abstract

Organizations are veritable decision machines, whose performance depends significantly on the management optimization methods. Today, the business environment characterized by continuous, rapidly and unpredictable changes, require complex approaches on investment decision substantiation. One of the actual decision making challenges aims the development of a sustainable organizational management. This paper analyzes the sensitivity of investments sustainability on industry risk value. The Romanian SMEs empirical study highlights significant influences of the business area risk on management decisions sustainability.

Suggested Citation

  • Felicia Alina DINU, 2012. "Industry Risk: Main Factor of the Investment Decision Sustainability," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(2), pages 346-353, December.
    • Handle: RePEc:rom:econmn:v:15:y:2012:i:2:p:346-353
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    References listed on IDEAS

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    1. Kalu, Timothy Ch. U., 1999. "Capital budgeting under uncertainty: An extended goal programming approach," International Journal of Production Economics, Elsevier, vol. 58(3), pages 235-251, January.
    2. Razvan Catalin Dobrea & Felicia Alina Dinu, 2011. "Social Responsibility: Support for the Economic Performance of Romanian SMEs," MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers],, University of Primorska, Faculty of Management Koper.
    3. Slagmulder, Regine & Bruggeman, Werner & van Wassenhove, Luk, 1995. "An empirical study of capital budgeting practices for strategic investments in CIM technologies," International Journal of Production Economics, Elsevier, vol. 40(2-3), pages 121-152, August.
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    Cited by:

    1. Minciu Mihaela & Berar Florin-Aurel & Dobrea Razvan Catalin, 2020. "New decision systems in the VUCA world," Management & Marketing, Sciendo, vol. 15(2), pages 236-254, June.
    2. Cicea, Claudiu & Marinescu, Corina & Popa, Ion & Dobrin, Cosmin, 2014. "Environmental efficiency of investments in renewable energy: Comparative analysis at macroeconomic level," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 555-564.

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    More about this item

    Keywords

    industry risk; investment; model; sustainability; SMEs.;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General

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