Corporate risk management after the COVID-19 crisis

"The coronavirus crisis and related business failure are widely discussed in recent times. The unique nature of the COVID-19 crisis has raised several concerns about the risk management models adopted by many businesses. It is difficult for companies to understand which factors to consider in t...

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Bibliographische Detailangaben
Weitere Verfasser: Lodh, Suman (HerausgeberIn), Nandy, Monomita (HerausgeberIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: New Jersey World Scientific 2024
Schriftenreihe:Transformations in banking, finance and regulation volume 7
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Beschreibung
Zusammenfassung:"The coronavirus crisis and related business failure are widely discussed in recent times. The unique nature of the COVID-19 crisis has raised several concerns about the risk management models adopted by many businesses. It is difficult for companies to understand which factors to consider in their business model to adeptly deal with the new risks associated with COVID-19. Few businesses managed to continue their operation, especially if their existing risk management strategies were broader before the crisis. The financial crisis created by coronavirus pandemic highlights the importance of further research in risk management, which will allow businesses to identify a feasible model to handle various risks in the ongoing crisis recovery period. Existing academic studies present discussions around a need for revised risk management models, importance of Artificial Intelligence, or other advanced technologies in risk management. It is therefore vital to conduct a detailed study to understand how the risk management strategies of the businesses should be revised following the COVID-19 crisis, to adapt to the changes brought about by the pandemic. This textbook is essential reading for students studying risk management, researchers examining the relation between advanced technology and risk management mitigation strategies, businesses working on their strategies around managing risk, and policy makers looking for necessary policy changes that support businesses"--
Beschreibung:Includes bibliographical references and index
Beschreibung:xxix, 200 Seiten
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ISBN:9781800614222
978-1-80061-422-2