General Concepts Regarding Risk Appetite
Journal Title: Dezbateri social economice - Year 2014, Vol 6, Issue 2
Abstract
Risk appetite is a very complex system; therefore one of the most important element of a company’s enterprise risk management (ERM) is the risk appetite defining. A proper risk management means making good choices towards the risks a company faces in order to achieve its objectives and measures to mitigate those risks, not to avoid them. Therefore, the moment risk appetite is understood and clearly defined can become a powerful tool both for managing the occurred risks and business performance enhancing.
Authors and Affiliations
Ana-Maria Dinu
Keywords
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