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Risk Management
Published in Robert Pojasek, Organizational Risk Management and Sustainability: A Practical Step-by-Step Guide, 2017
Interaction between the often separate risk management fields within an organization (e.g., enterprise risk management, financial risk management, project risk management, safety and security management, business continuity management, and insurance management) can be ensured or improved, as the attention will not be primarily focused on setting and achieving the organization’s objectives, taking risk into account.12
Energy Efficiency Components of the Financial Analysis
Published in Gene Beck, Grid Parity, 2020
Finding the best balance between savings uncertainty and M&V cost is simply a question of risk management; there is no one “right” balance. M&V practices allow project performance risks to be understood, managed, and allocated among the parties. The accuracy and confidence level of the savings measurement is important for financial risk management.
Risk perception affecting the performance of shipping companies: the moderating effect of China and Korea
Published in Maritime Policy & Management, 2019
Hengbin Yin, Zhuo Chen, Yi Xiao
From a traditional perspective, enterprise risk management focuses more on financial risk management, which helps to reduce uncertainties created by financial or investing activities. Nevertheless, the ultimate goal of ERM is to maximize profits by making an optimal decision through the identification and management of risks. This research assessed risk factors based on the risk perception model. Measuring performance via risk perception not only suggests loss prevention measures but also has a positive effect on future profit (Kim 2002; Koo 2008; Varzandeh, Farahbod, and Jake 2016; Vilko, Ritala, and Hallikas 2016).