RISK INFLUENCE IN ADOPTING ECONOMIC AND FINANCIAL DECISIONS IN THE COVID 19 PANDEMIC CONTEXT

Abstract

The outbreak of Covid 19, declared by the World Health Organization as global pandemic, has a considerable impact on financial management in adopting economic and financial decisions. On the background of actual conditions we face, the element that makes the difference at the business entity level is how each succeeds in managing its own resources in order to meet the current market requirements. The problems caused by this pandemic subject entities to numerous risks. This article was based on our desire to find out how the entity management manages these risks whenever it has to adopt managerial decisions.

Keywords

• economic and financial decisions
• financial management
• financial objectives
• economic and financial risks
• profitability
• solvency