Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie (Dec 2012)
COMPANY ACTIVITY FINANCIAL RISK
Abstract
In economic and financial activity, risk is an inherent financial decisions, encountered in daily agenda of managers of companies. Unexpected changes in the price of a product development not only affect the financial results of a company, but can cause even bankruptcy. In fact, the nature of financial decisions involve uncertainty. Financial decisions are made based on cash flows under future contracts, which are par excellence incerte.Activitatea an enterprise that holds any weight in the industry is subject to risks, since it can not predict with certainty different components of its outcome (cost, quantity, price) and operating cycle (purchase, processing, sales).