Financial

Risk management: Survival of the fittest

Introduction

Risk management is essential for long-term survival of the company. This paper focuses on the problems regarding risk management and solutions that is explained in the article “Risk management: Survival of the fittest” by Wilcox.

Discussion

Risk management is the process to mitigate the uncertainly and check processes and structures aimed at increasing company value through careful and aware of risk management. The interest in this topic has been increased due to the exposure to risk and the multiplicity of new emerging risks and the increasing knowledge that there are methods and tools to manage them. We ...