Risk management a strategic advisor for a sound management /

Organizations face a very wide range of risks that can impact the outcome of their operations. The constantly increasing risk in nowadays global financial markets emphasizes the importance of correctly estimating future losses, therefore, the management of the leasing company needs to find a good tr...

Teljes leírás

Elmentve itt :
Bibliográfiai részletek
Szerzők: Dragomir Elena Andrei
Dobre Ion
Testületi szerző: Principles of Scientific Management : International Scientific Conference
Dokumentumtípus: Könyv része
Megjelent: University of Szeged Faculty of Economics and Business Administration Szeged 2013
Sorozat:Proceedings of the "Scientific Management" and Management Science Today International Scientific Conference
Kulcsszavak:Kockázatkezelés - vállalati, Kockázatértékelés
Tárgyszavak:
Online Access:http://acta.bibl.u-szeged.hu/57886
Leíró adatok
Tartalmi kivonat:Organizations face a very wide range of risks that can impact the outcome of their operations. The constantly increasing risk in nowadays global financial markets emphasizes the importance of correctly estimating future losses, therefore, the management of the leasing company needs to find a good trade-off between business risk, performance risk and financial risk and to have a good strategy to maintain and/or improve the profitability. Although leasing may not be the subject to Basel II. Capital Accord regulatory requirements, in many respects it represents best practices, reflecting a combination of the views of sophisticated lenders represented on the Committee as well as those of the major regulators. Consequently, lenders in the leasing industry frequently look to Basel for benchmarking and insights. This paper aims to illustrate the importance of risk management holistic approach in assessing the risks of a leasing company and we intend to expound that the implementation of an effective risk management process is a key requirement for a modern leasing company that has as priority the need to align profitability, risk profile and asset quality. Also, we will draw attention to the regulatory environment and recent regulatory and supervisory developments with respect to risk management practice.
Terjedelem/Fizikai jellemzők:124-140
ISBN:978-963-306-176-3