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General Concepts Regarding Risk Appetite

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  • Ana-Maria Dinu

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    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.

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    File URL: http://www.orizonturi.ucdc.ro/arhiva/2014_khe_62_pdf/khe_vol_6_iss_2_157to159.pdf
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    File URL: http://www.orizonturi.ucdc.ro/arhiva/2014_khe_62_pdf/khe_vol_6_iss_2_157to159.pdf
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    Bibliographic Info

    Article provided by Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest in its journal Knowledge Horizons - Economics.

    Volume (Year): 6 (2014)
    Issue (Month): 2 (June)
    Pages: 157-159

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    Handle: RePEc:khe:journl:v:6:y:2014:i:2:p:157-159

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    Related research

    Keywords: Risk; appetite; risk management; strategies;

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