Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat LCCN Permalink Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
Residual risks: definition, description and mitigation
Available online: 17 September 2009 Subject Heading: Management of risks JEL Classification:
An article is devoted to a risk management. Characteristic parameters of business risk are defined and discussed. Residual risk is defined as a risk which remains, when further implementation of a risk mitigation plan is not economically sound. In this case a business and its residual risk are a single whole. A residual risk mitigation procedure is proposed. This procedure is a combination of different ways of business process implementation in such a way that leads to maximum of an assured financial business result. Keywords: business, risk, management, finance. result, probability, significance, distribution, business |
ISSN 2311-8709 (Online)
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