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Risk Management in SMEs: The Croatian Experiences

In: Entrepreneurship in the Balkans

Author

Listed:
  • Valerija Bublić

    (University of Applied Sciences VERN’)

  • Tihomir Hunjak

    (University of Zagreb)

  • Mirna Varlandy Supek

    (University of Applied Sciences VERN’)

Abstract

In the context of globalisation, turbulence and recession, the future of the enterprise depends on how the management handles risks, how it will organise its uncertainty and threat management activities, how it will engage employees, follow procedures and apply risk management tools. In other words, it is essential how the enterprise balances between highly likely risks generating minimal losses and highly unlikely risks generating huge losses (Federation of Risk Management Associations FERMA 2008).

Suggested Citation

  • Valerija Bublić & Tihomir Hunjak & Mirna Varlandy Supek, 2013. "Risk Management in SMEs: The Croatian Experiences," Springer Books, in: Veland Ramadani & Robert C. Schneider (ed.), Entrepreneurship in the Balkans, edition 127, pages 57-75, Springer.
  • Handle: RePEc:spr:sprchp:978-3-642-36577-5_4
    DOI: 10.1007/978-3-642-36577-5_4
    as

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