(DOWNLOAD) "Disclosure Level of Risk Management Information: The Case of Romanian Companies" by Annals of DAAAM & Proceedings # eBook PDF Kindle ePub Free
eBook details
- Title: Disclosure Level of Risk Management Information: The Case of Romanian Companies
- Author : Annals of DAAAM & Proceedings
- Release Date : January 01, 2008
- Genre: Engineering,Books,Professional & Technical,
- Pages : * pages
- Size : 66 KB
Description
1. INTRODUCTION Mass media and academic literature are full of examples of organizations recently face "uncertainty". The term "risk" is recurrent (Pennings et al., 2008; Pesaran et al., 2008). Uncertainty and risk are now the usual vocabulary of the managers; stakeholders are also interested about the risk of the business they are connected to. If the first term "uncertainty" is still seen today in a largely negative sense, around the second one "risk" a mythology has been formed, which often leads us away from its first meaning given in management or in political science. Sometimes, these two terms appear to be used interchangeably, especially when we talk about a situation "risky" or "uncertainty". Sometimes, on the contrary, it seems that they can not be confused. In interviews with corporate executives, staff members of the same organizations, we have seen the same ambiguity in their words.