Measuring And Managing The Impact Of Risk On Organizations: The Case Of Kosovo
AbstractAfter the 2008 events that occurred in the world financial markets, all organizations have increased interest in risk management. It is very clear that risk management brings benefits to the organization. By taking a proactive approach to risk and risk management, organizations will be able to manage to improve performance and results in the areas of the operations performance, the development of processes and projects, and the selection and implementation of alternative development strategies. Business firms in Kosovo have changed their approach to risk management in recent times. Reasons for that "approach evolution? are based on recent losses in some of the commercial banks, insurance companies, pension trust, and some negative trends in Kosovo?s real economy.
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Bibliographic InfoArticle provided by ASERS Publishing in its journal Journal of Advanced Research in Management.
Volume (Year): III (2012)
Issue (Month): 1 (June)
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Web page: http://www.asers.eu/journals/jarm.html
risk; returns; organization; operations; processes; strategy; risk quantification; risk management; risk insurance.;
Other versions of this item:
- Govori, Arbiana, 2012. "Measuring and managing the impact of risk on organizations: The Case of Kosovo," MPRA Paper 38975, University Library of Munich, Germany, revised 22 May 2012.
- M1 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration
- M2 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics
- G3 - Financial Economics - - Corporate Finance and Governance
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
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