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Risk Analysis Of The Tourism Sector Companies In The South Of The State Of Yucatan, Analisis De Riesgo En Las Empresas Del Sector Turistico De La Zona Sur Del Estado De Yucatan

Author

Listed:
  • Mario Rene Chan Magana
  • Fernando Jorge Gameros Camara
  • Juan Francisco Balam Mena

Abstract

Financial managers should focus their efforts on business management to achieve permanent solutions to the problems cited by Montaño Pérez de la O. (2011). They should do this at the lowest possible cost to achieve reasonable benefits to their inherent risk. This research focuses on determining the perception of business risk within companies located in the southern region of Yucatán state, México. We examine firms within the tourism sector. We focus on some internal control actions that employers in this sector carry out to minimize the impact dimensions related to the operational risks including financial, technological, information, human resource and external factors.

Suggested Citation

  • Mario Rene Chan Magana & Fernando Jorge Gameros Camara & Juan Francisco Balam Mena, 2015. "Risk Analysis Of The Tourism Sector Companies In The South Of The State Of Yucatan, Analisis De Riesgo En Las Empresas Del Sector Turistico De La Zona Sur Del Estado De Yucatan," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, vol. 8(2), pages 37-53.
  • Handle: RePEc:ibf:riafin:v:8:y:2015:i:2:p:37-53
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    More about this item

    Keywords

    Risk; Business Risk; Risk Management; Internal Control;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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