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Bérard, Céline; Teyssier, Christine
2018, 2017-11-30eBook
Risk management practices are multiplying and developing in firms, especially due to the existence of new international standards and guidelines that put risk management at the centre of their concerns (e.g., the International Standards Organization's ISO on Risk Management; or the COSO Enterprise Risk Management Framework). While large firms are more likely to adopt an extensive risk management system, SMEs are also concerned. Rather than a constraint, risk management in SMEs has to be henceforth studied as part of an organizational and entrepreneurial dynamic, providing a real opportunity for these firms to change their practices and improve their performance.
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