Chief Editor
  • Prof. Christina Nikolova, PhD
Editorial Board
  • Prof. Christina Nikolova, PhD - UNWE
  • Prof. Elka Todorova, DSc. - UNWE
  • Prof. Maya Lambovska, DSc. - UNWE
  • Assoc. Prof. Todor Nedev, PhD - UNWE
  • Assoc. Prof. Dorina Kabakchieva, PhD - UNWE
  • Assoc. Prof. Paskal Zhelev, PhD - UNWE
Scientific Secretary
  • Assoc. Prof. Aleksandar Valkov, PhD - UNWE
Coordinator
  • Assist. Prof. Veselina Lyubomirova, PhD - UNWE
International Editorial Board
  • Damian Stantchev, PhD
    Edinburgh NAPIER University, UK

  • Ivaylo Vassilev, PhD
    University of Southampton,UK

  • Prof. Irina Kuzmina-Merlino, PhD
    Transport and Telecommunication Institute, Riga

  • Milan Zdravkovic
    University of Niš, Serbia

  • Prof. Niculae Mihaita, PhD
    Bucharest Academy of Economic Studies, Romania

  • Prof. Ricardo Jardim-Gonçalves, PhD
    UNINOVA institute, New University of Lisbon, Portugal

  • Prof. Ing. Jaroslav Belás, PhD
    Tomas Bata University in Zlín, Czech Republic

  • Prof. John Rijsman, PhD
    Tilburg University

  • Prof. Ing. Zdenek Dvorák, PhD
    University of Zilina, Slovak Republic

  • Prof. Zoran Cekerevac, PhD
    “Union – Nikola Tesla” University in Belgrade, Serbia

Necessity of the Risk Management Implementation in the Framework of the Socially Responsible Entrepreneurship
YEARBOOK OF UNWE
year 2017

Necessity of the Risk Management Implementation in the Framework of the Socially Responsible Entrepreneurship

Abstract

The dynamic development of the global business environment raises a number of issues that require that managers should consider the possible negative impact of their daily decision-making. The erroneous decisions affect not only a company's stakeholders but also its further development. Therefore sustainable growth of the business requires that company managers should be able to anticipate potential risks, manage change and thus avert a possible crisis. This paper aims to make an analysis of the state of affairs with regard to corporate social responsibility and risk management abroad. It also aims to assess the flaws in implementing risk management in the framework of the socially responsible entrepreneurship. The conclusions arrived at suggest that a successful implementation of risk management in the enterprises is mainly dependent on managers' attitudes to risk and in the appropriately adjusted corporate culture.

JEL: M14, M15

Keywords

risk, Risk Management, social responsibility of companies
Download Yearbook_2017_No5_Buganova, Hudakova.pdf
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ISSN (print): 1312-5486
ISSN (online): 2534-8949