and risk management on the costs of financial distress and corporate value. We aim to analyze structure of costs of … reduce cost of financial distress and increase debt capacity through risk management. Risk management can be, therefore …

English Abstract: The importance of enterprise risk management has dramatically changed during the two past decades … management has been transferred from financial service to executive and management board. The key change happened with crucial … coordinately manage global enterprise risk. Thus, the concept of enterprise risk management has been developed. This concept has …

management of US companies. Studies have shown that management was often short-term oriented, and that companies underinvest in … adjusted represents the flexibility of the project, and essentially is a real option for management to respond to changes in …

management of non-financial companies. The paper contributes to a better understanding of the impact of foreign exchange risk on …