The Operational Risk in Terms of Cash Flows
The Operational Risk in Terms of Cash Flows

Summary/Abstract: The participants to the company’s economic life have diverse motivations and interests, but from the financial point of view they follow the same thing. More exactly, they want to be paid for the efforts they took, no matter the environment they come from, no matter the kind of effort they make, no matter the remuneration form. Also, we must understand that most of the people, by their psychological construction dislike the risk. This thing means, psychologically speaking, that one finds less pleasure when one gains a sum of money compared to the intensity of the pain when losing the same sum. If these perceptions also depend on the proportion of the wealth brought into play, however, for most of the people the perception remains generally valid. These perceptions are also manifested at the level of the organizations, which will be inclined to protect the interests than to take the risk. Again, the management has the task to let cooler heads prevail.

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