Challenges of Corporate Risk Management After the Global Financial Crisis
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F18%3A00007116" target="_blank" >RIV/46747885:24310/18:00007116 - isvavai.cz</a>
Result on the web
<a href="http://link.springer.com/content/pdf/10.1007/978-3-030-11754-2.pdf" target="_blank" >http://link.springer.com/content/pdf/10.1007/978-3-030-11754-2.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/978-3-030-11754-2" target="_blank" >10.1007/978-3-030-11754-2</a>
Alternative languages
Result language
angličtina
Original language name
Challenges of Corporate Risk Management After the Global Financial Crisis
Original language description
This paper discusses potential challenges of Corporate Risk Management after global financial crisis. Global financial crisis has negative effect to the financial health of world economies, which have been affected by the financial health of operating firms. By the Pittman & Ivry (2009) was the value of the world’s companies which has been wiped out by this crisis in the amount of $14.5 trillion, or 33%. The most common reason for the bankruptcies of global firms were poor quality risk management within these companies. One of the positive effects of this crisis was the creation of the ISO standard ISO 31000:2009 Risk Management – Principles and guidelines (with supporting standard IEC 31010:2009 – Risk Management – Risk assessment techniques). Corporate risk management has emerged as one of the most important corporate activities. Influence of ISO 31000 to the company was so fundamental that it published, in effect, there was also a significant change in the revised standard ISO 9001: 2015 – which in itself involves a new risk management system. Whether these measures will help in the future to help improve the financial health of companies is an important issue that deserves our attention in further research.
Czech name
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Czech description
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Classification
Type
C - Chapter in a specialist book
CEP classification
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OECD FORD branch
50603 - Organisation theory
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Book/collection name
Sustainable Growth and Development of Economic Systems
ISBN
978-3-030-11754-2
Number of pages of the result
10
Pages from-to
3-12
Number of pages of the book
406
Publisher name
Springer International Publishing
Place of publication
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UT code for WoS chapter
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