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Importance of Risk Management on Financial Markets

Author

Listed:
  • MĂDĂLINA RĂDOI

    (PFaculty of Economic and Business Administration Nicolae Titulescu University, Bucharest)

Abstract

Trying to define a complex concept such as risk implies a thorough analysis of the causes that lead to the impact of risk on the financial system, as well as an accurate assessment of risk. Historically, risk is a ‘young’ concept and at the same time one of the few business terms that directly originated in the commercial and financial environment and did not derive from military, psychological or scientific vocabulary. The concept of risk has two meanings: “monetary hazard in business” and the “danger posed by it”.

Suggested Citation

  • Mădălina Rădoi, 2018. "Importance of Risk Management on Financial Markets," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 6(1), June.
    • Handle: RePEc:ntu:ntugeo:vol6-iss1-18-131
    as

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