OPERATIONAL AND FINANCIAL EFFECTIVENESS AS AN INDICATOR OF ENTERPRISE'S SPECIFIC RISK
(STEF92 Technology, 2019, A. Michalak)
Show more
Specific risk of a particular enterprise consists of a risk resulting from the industry, that the enterprise operates in, as well as of a risk resulting from internal specificity of the enterprise. The objective of this paper is to propose authorВ’s method to translate the operational and financial effectiveness assessment into a number, which would reflect a specific risk premium. The paper assumes that specific risk in the enterprise composes of an operational and financial risk, which are a derivative of the ef...


