Open access peer-reviewed Edited Volume

Risk Management

Current Issues and Challenges

Edited by Nerija Banaitiene

Vilnius Gediminas Technical University, Lithuania

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. In today's increasingly complex and diverse environment, it is crucial to find the right balance between risk aversion and risk taking. To do this it is essential to understand the complex, out of the whole range of economic, technical, operational, environmental and social risks associated with the company's activities. However, risk management is about much more than merely avoiding or successfully deriving benefit from opportunities. Risk management is the identification, assessment, and prioritization of risks. Lastly, risk management helps a company to handle the risks associated with a rapidly changing business environment.

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Risk ManagementCurrent Issues and ChallengesEdited by Nerija Banaitiene

Published: September 12th 2012

DOI: 10.5772/2568

ISBN: 978-953-51-0747-7

eBook (PDF) ISBN: 978-953-51-5131-9

Copyright year: 2012

Books open for chapter submissions

187306 Total Chapter Downloads

54 Crossref Citations

64 Web of Science Citations

114 Dimensions Citations


Open access peer-reviewed

1. Biometric Solvency Risk for Portfolios of General Life Contracts (II) The Markov Chain Approach

By Werner Hürlimann


Open access peer-reviewed

2. Boundary-Value Problems for Second Order PDEs Arising in Risk Management and Cellular Neural Networks Approach

By Rossella Agliardi, Petar Popivanov and Angela Slavova


Open access peer-reviewed

3. Selecting a Response Plan Under Budget Constraints

By A. Gonen


Open access peer-reviewed

4. A Framework to Select Techniques Supporting Project Risk Management

By Sabrina Grimaldi, Carlo Rafele and Anna Corinna Cagliano


Open access peer-reviewed

5. Long Memory in the Volatility of Local Currency Bond Markets: Evidence from Hong Kong, Mexico and South Africa

By Pako Thupayagale


Open access peer-reviewed

6. Risk Management in Collaborative Systems

By Marius Ioan Podean and Dan Benta


Open access peer-reviewed

7. On the Very Idea of Risk Management: Lessons from the Space Shuttle Challenger

By Robert Elliott Allinson


Open access peer-reviewed

8. Supply Chain Security – Threats and Solutions

By Daniel Ekwall


Open access peer-reviewed

9. Dynamic Risk Management Strategies with Communicating Objects in the Supply Chain of Chemical Substances Within the European Union

By Omar Gaci, Hervé Mathieu, Jean-Pierre Deutsch and Laurent Gomez


Open access peer-reviewed

10. IA OM® as an Enterprise Risk Management Metric

By David R. Comings and Wendy W. Ting


Open access peer-reviewed

11. Risk Management in Business – The Foundation of Performance in Economic Organizations

By Gabriela Dobrota


Open access peer-reviewed

12. Integrated Risk Management System – Key Factor of the Management System of the Organization

By Emilia Vasile and Ion Croitoru


Open access peer-reviewed

13. Integrated and Personalised Risk Management in the Sensing Enterprise

By Óscar Lázaro, Agustín Moyano, Mikel Uriarte, Alicia González, Teresa Meneu, Juan Carlos Fernández-Llatas, Vicente Traver, Benjamín Molina, Carlos Palau, Óscar López, Etxahun Sánchez, Saioa Ros, Antonio Moreno, María González, José Antonio Palazón, Miguel Sepulcre, Javier Gozálvez, Luis Collantes and Gonzalo Prieto


Open access peer-reviewed

14. Strengthening Risk Management in the Midst of Downturn Times

By Amparo Marin de la Barcena


Open access peer-reviewed

15. Risk Management on the Romanian Capital Market

By Marin Andreica, Stere Farmache, Madalina Ecaterina Andreica and Octavian Stroie


Open access peer-reviewed

16. Importance of Risk Analysis and Management – The Case of Australian Real Estate Market

By Gurudeo Anand Tularam and Gowri Sameera Attili


Open access peer-reviewed

17. Quality Risk Analysis: Value for Money in the Pharmaceutical Industry

By Jordi Botet


Open access peer-reviewed

18. Project and Enterprise Risk Management at the California Department of Transportation

By Pedro Maria-Sanchez


Open access peer-reviewed

19. Risk Management in Construction Projects

By Nerija Banaitiene and Audrius Banaitis


Open access peer-reviewed

20. Sources of Risk and Risk Management Strategies: The Case of Smallholder Farmers in a Developing Economy

By Satit Aditto, Christopher Gan and Gilbert V. Nartea


Open access peer-reviewed

21. Improving Climate Risk Management at Local Level – Techniques, Case Studies, Good Practices and Guidelines for World Meteorological Organization Members

By R. Martínez, 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 and R. Zougmore


Open access peer-reviewed

22. Risk Management at the Latin American Observatory

By Á.G. Muñoz, D. Ruiz, P. Ramírez, G. León, J. Quintana, A. Bonilla, W. Torres, M. Pastén and O. Sánchez


Open access peer-reviewed

23. Managing Climate Risk with Seasonal Forecasts

By Andrew Charles, Yuriy Kuleshov and David Jones


Edited Volume and chapters are indexed in

  • Worldcat
  • OpenAIRE
  • Google Scholar
  • AZ ebsco
  • Base
  • CNKI

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