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Causal Relations Between Natural Risk And Business Risk

Author

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  • Danu Marcela-Cornelia

    () (Universitatea "Vasile Alecsandri" din Bacãu, Facultatea de ªtiinþe Economice)

Abstract

After a period marked by economic and financial crisis, the objectives and the priorities focused on restoring the balances, the correlations and the proportions of macroeconomic policy makers have focused attention to optimizing the relationship between man and nature. The environmental crisis installed affects the variables of the global economy system and compared with the economic crisis, its consequences are more perennial, more complex and dangerous. Environmental crisis management is based on truthful, complete and current informations regarding the interdependencies between natural risk and business risk within the system of risks that accompany our individual and societal existence.

Suggested Citation

  • Danu Marcela-Cornelia, 2010. "Causal Relations Between Natural Risk And Business Risk," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 242-248, December.
  • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:242-248
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    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n2/035.pdf
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    More about this item

    Keywords

    system risks; pure risk based on natural; natural risk with anthropic determination; risk-cause; risk-effects; business risk.;

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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