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The proper factors that determine the risk

Author

Listed:
  • Nicoleta Moise

    () ("Dimitrie Cantemir" Christian University)

Abstract

It appears that generally limitations in achieving objectives are caused by the next realities: (1)leader’s judgment in making decisions is not always the best, if there are not regarded all the circumstances; (2) risks can occur because of simple error or misconduct; (3) decisions on risks and internal controls implemented do not take account on costs and benefits; (4) in many cases the implementation of internal controls is ignored as a result of agreements between public enterprise management and some employees or third parties, which increases the risk and possibility of control.

Suggested Citation

  • Nicoleta Moise, 2015. "The proper factors that determine the risk," Social-Economic Debates, Association for Entreprenorial Spirit Promotion, vol. 4(1), pages 27-31, April.
  • Handle: RePEc:sdb:social:v:4:y:2015:i:1:p:27-31
    as

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    More about this item

    Keywords

    Management risk; local public enterprises;

    JEL classification:

    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General

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