Analýza rizika v podnikové sféře
| Title in English | Analysis of risk in corporate sphere |
|---|---|
| Authors | |
| Year of publication | 2003 |
| Type | Article in Proceedings |
| Conference | Sborník příspěvků mezinárodní konference Nové trendy rozvoje průmyslu |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | credit risk;market risk;liquidity risk;operational risk;business risk;systematic risk |
| Description | This paper is engaged in theoretical approach to risks that arrise in firms from business activities. First the concept of risk is defined and the risks are distributed into categories. The paper continues to deal with the reasons of monitoring and quantification of risks and with the reasons of managing these risks. It is obvious that the business can lead into the situation where company income and the others financial items are at risk. This endanger can lead into troubles with financing of company activities as purchase of material, payment of wages, the production itself, payments to suppliers etc., which can in closing consequence lead into financial insolvency, collapse of a company and potential cessation of a firm. To avoid or to be able to predict these critical situations the firm or the firm management as the case may be should be engaged not only in managing company as an unit, but also in managing risks that arrise by business activities. Risk management deals with this managing. This risk management can be independent department mainly in the bigger companies. Company management should grant decent and veritable information to risk management. But on the other hand risk management should grant decent and veritable information to company management and suggest a solution if possible. The credit risk is the most important business risk. There are suggestions in the end how to measure business risks and how to moderate or to solve these risks. |
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