Environmental risk for the majority of companies is the deterioration of bottom-line performance from: increased regulation on energy usage, eroded reputation, brand name and market share from an environmental incident, increased operating costs from the effects of global warming, higher fuel...

Exporting and importing activity leads to more occasions for companies, but also involves higher risks. Although the environment for international trade has changed significantly over the years, the risks that firms deal when vending their merchandises and services in other countries remain...

Implementing a risk management process, in the economic entities is required firstly since there occurs the uncertainty on the nature of the threats that may affect the achievement of objectives and the environment where the entity operates, and secondly since the risk management is the...

The words ‘averse’, ‘seeking’, ‘tolerant’ or ‘neutral’ represent a chosen response to uncertainty that matters, driven by perception. This phrase forms a working definition of risk attitude, which is a choice made by a given individual or group in the face of a particular risky...

Risk analysis and knowledge of diversity in the world of international transactions has a great practical importance, because it allows business people to identify the tools and policies to reduce/eliminate the risk and the damage they cause. Given the unpredictable nature of risks is necessary...

Due to the current globalization phenomenon it is a very common practice for the local companies to try to develop their activities on an international scale. It is important to study multinational companies regarding their quantitative and also their qualitative dimension. Also each company...