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MANAGING RISK IN AN ORGANIZATION


LABOVIÆ S. DRAGANA
HIGH BUSINESS SCHOOL, 32000 ÈAÈAK, SERBIA, E-MAIL: DRLABOVIC@EUNET.YU

Issue:

MOCM, Number 14, Volume IV

Section:

Issue No. 14 - Volume IV (2008)

Abstract:

There is an important component in the process of using derivatives for managing risk: effective risk management requires an effective organizational structure. The use of derivatives for managing risk can be dangerous in the absence of proper personnel, teamwork, controls and organization. The concerns of this inscription are mostly qualitative. It is easy to neglect these more subjective factors that lead to good risk management, but they are critically important. In fact, all of the quantitative models for analytical knowledge about risk management would be lost if an organization could not implement sound risk management policies.

Keywords:

risk management, organizational structure, dealers and derivatives.

Code [ID]:

MOCM200814V04S01A0013 [0002433]

DOI:


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