TAILIEUCHUNG - RISK MANAGEMENT – CURRENT ISSUES AND CHALLENGES

Companies face risks every day, they are part of normal business life. There are many risks — both threats and opportunities — which may impact on a company‘s resources, projects and profitability. Risk means different things to different businesses and organizations. Undoubtedly, the risk represents both a potential threat and potential opportunity for businesses. Every business and decision involves a certain amount of risk. Risk might cause a loss to a company. This does not mean, however, that businesses cannot take risks. As disengagement and risk aversion may result in missed business opportunities, which will lead to slower growth and reduced prosperity of a company | RISK MANAGEMENT CURRENT ISSUES AND CHALLENGES RISK MANAGEMENT -CURRENT ISSUES AND CHALLENGES Edited by Nerija Banaitiene Risk Management - Current Issues and Challenges http 2568 Edited by Nerija Banaitiene Contributors Werner Hurlimann Rossella Agliardi Petar Popivanov Angela Slavova A. Gonen Sabrina Grimaldi Carlo Rafele Anna Corinna Cagliano Pako Thupayagale Marius Ioan Podean Dan Benta Robert Elliott Allinson Daniel Ekwall Omar Gaci Hervé Mathieu Jean-Pierre Deutsch Laurent Gomez David R. Comings Wendy W. Ting Gabriela Dobrotă Emilia Vasile Ion Croitoru Óscar Lazaro Agustin Moyano Mikel Uriarte Alicia Gonzalez Teresa Meneu Juan Carlos Fernandez-Llatas Vicente Traver Benjamin Molina Carlos Palau Óscar López Etxahun Sanchez Saioa Ros Antonio Moreno Maria Gonzalez José Antonio Palazón Miguel Sepulcre Javier Gozalvez Luis Collantes Gonzalo Prieto Amparo Marin de la Barcena Marin Andreica Stere Farmache Madalina Ecaterina Andreica Octavian Stroie Gurudeo Anand Tularam Gowri Sameera Attili Jordi Botet Pedro Maria-Sanchez Nerija Banaitiene Audrius Banaitis Satit Aditto Christopher Gan Gilbert V. Nartea R. Martinez D. Hemming L. Malone N. Bermudez G. Cockfield A. Diongue J. Hansen A. Hildebrand K. Ingram G. Jakeman M. Kadi G. R. McGregor S. Mushtaq P. Rao R. Pulwarty O. Ndiaye G. Srinivasan Eh. Seck N. White R. Zougmoré . Munoz D. Ruiz P. Ramirez G. León J. Quintana A. Bonilla W. Torres M. Pastén O. Sanchez Andrew Charles Yuriy Kuleshov David Jones Published by InTech Janeza Trdine 9 51000 Rijeka Croatia Copyright 2012 InTech All chapters are Open Access distributed under the Creative Commons Attribution license which allows users to download copy and build upon published articles even for commercial purposes as long as the author and publisher are properly credited which ensures maximum dissemination and a wider impact of our publications. After this work has been published by InTech authors have the right to republish it in whole or part in

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