CONSIDERATIONS ON THE FINANCIAL RISK MANAGEMENT Cover Image

CONSIDERATIONS ON THE FINANCIAL RISK MANAGEMENT
CONSIDERATIONS ON THE FINANCIAL RISK MANAGEMENT

Author(s): Dumitru Cinciulescu
Subject(s): Business Economy / Management, Micro-Economics, Management and complex organizations, Financial Markets
Published by: Editura Universitaria Craiova
Keywords: Management; Financial Innovation; Big Data Analysis; Risk Integration; Predictive Models;

Summary/Abstract: The landscape of financial risk management is in a perpetual state of evolution, marked by ongoing research delving into novel risk assessment methodologies, advancements in financial instruments, and the refinement of more accurate predictive models. Positioned as a pivotal facet within organizational risk management processes, financial risk management concentrates on the identification, assessment, and mitigation of risks pertaining to financial matters. Its primary objective is to safeguard organizational value by meticulously regulating and minimizing financial risks impacting stability, cash flows, investment returns, and other critical aspects of financial performance. Against the backdrop of rapid economic and technological changes, organizations face the imperative to innovate and adapt their risk management strategies, with a focus on emerging issues such as technology integration, cyber risk, and predictive model development. The study underscores that adept identification, assessment, and management of financial risks empower organizations to fortify financial stability and make well-informed decisions in a volatile environment.

  • Issue Year: 2023
  • Issue No: 41
  • Page Range: 59-68
  • Page Count: 10
  • Language: English