Record Details

Economic risk on the performance of sports organizations

The Journal of Accounting and Management

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Field Value
 
Title Economic risk on the performance of sports organizations
 
Creator ICONOMESCU, Teodora Mihaela; University “Dunarea de Jos” Galati
CREȚU, Carmen; Danubius University of Galati
TALAGHIR, Laurenţiu-Gabriel; University “Dunarea de Jos” Galati
 
Subject solvency risk, bankruptcy risk, operational risk, financial risk
 
Description In the economic activity of any organization may appear times difficult to avoid and overcome, which may lead to the insolvency and ultimately bankruptcy. The many factors that generate business risk determines its manifestation in various forms such as market risk, economic risk, financial risk, risk of technological change, currency risk or bankruptcy risk. The purpose of risk analysis in organizations is revealing the factors acting on these types of risks, the size of their influence on the variability of results under the organization structure, reserves and measures to reduce and thus eliminate the risk. Proper financial planning is the key to success of any business presenting risks, and its absence is a key element in the failure of many economic organizations.
 
Publisher The Journal of Accounting and Management
 
Contributor —
 
Date 2014-02-10
 
Type Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journals.univ-danubius.ro/index.php/jam/article/view/2293
 
Source The Journal of Accounting and Management; Vol 3, No 3 (2013): JAM
 
Language en
 
Rights The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.