Economic and financial risks in risk management, is a term that includes the risks affecting the economic results of the enterprise. This type of risk is among the most significant. These are the risks associated with the management and economic governance in the company, with errors in other areas of the company and also factors outside the company. Inside the company it may be risks associated with improper management, including financial implications associated with them (loss, debt, liquidity problems, etc.), internal management system settings, and inappropriate management of other areas of the company, mainly manufacturing efficiency. Outside the company they are business conditions - political, legislative, business, market and economic. The economic and financial risks, it is important to devote to their prevention.
Economic and Financial Risks
What are
Economic and Financial Risks
Economic and financial risks in risk management, is a term that includes the risks affecting the economic results of the enterprise. This type of risk is among the most significant.
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Related profession:
- CFO (Chief Financial Officer)
- CRO (Chief Risk Officer)
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Last update: 14.10.2015
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