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Risk Management during the Financial Crisis

Author

Listed:
  • Sorin Cristian NITA

    (The Bucharest University of Economic Studies)

Abstract

The 2008 financial crisis has made a lot of waves in both the political and economic environment. Actors on both scenes have argued on the reasons for which the financial crisis has started. The crisis was not generated by one, but my a multitude of factors, one of them being excessive risk taking behaviour exhibited by the managers in order to obtain short term profits. This behaviour was actually encouraged by various factors which will be discussed during in this working paper together with an analysis of the phenomenon that generated the financial crisis which spread panic in the financial sector.

Suggested Citation

  • Sorin Cristian NITA, 2019. "Risk Management during the Financial Crisis," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 20(1), pages 100-105, March.
    • Handle: RePEc:rom:rmcimn:v:20:y:2019:i:1:p:100-105
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    File URL: https://www.rmci.ase.ro/no20vol1/08.pdf
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    More about this item

    Keywords

    GDP; Financial Crisis; Risk management; Fiscal Policy; Monetary Policy.;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General

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