{"id":574,"date":"2019-11-30T18:14:38","date_gmt":"2019-11-30T15:14:38","guid":{"rendered":"http:\/\/www.etimm.ase.ro\/?p=574"},"modified":"2021-10-26T18:15:27","modified_gmt":"2021-10-26T15:15:27","slug":"objectives-of-risk-management-in-the-financial-services-sector-the-perspective-of-polish-enterprises-listed-on-the-warsaw-stock-exchange","status":"publish","type":"post","link":"https:\/\/www.etimm.ase.ro\/?p=574","title":{"rendered":"Objectives of Risk Management in the Financial Services Sector &#8211; The Perspective of Polish Enterprises Listed on the Warsaw Stock Exchange"},"content":{"rendered":"<h4>\n<span style=\"font-size:12px;\"><span style=\"font-family: georgia,serif;\"><strong>Title<\/strong><\/span><\/span><\/h4>\n<p style=\"text-align: justify;\">\n<span style=\"font-size:12px;\"><span style=\"font-family: georgia,serif;\"><meta name=\"citation_title\" content=\"Objectives of Risk Management in the Financial Services Sector - The Perspective of Polish Enterprises Listed on the Warsaw Stock Exchange\">Objectives of Risk Management in the Financial Services Sector &#8211; The Perspective of Polish Enterprises Listed on the Warsaw Stock Exchange<\/span><\/span><\/p>\n<h4>\n<span style=\"font-size:12px;\"><span style=\"font-family: georgia,serif;\"><strong>Author<\/strong><\/span><\/span><\/h4>\n<p style=\"text-align: justify;\">\n<span style=\"font-size:12px;\"><span style=\"font-family: georgia,serif;\"><meta name=\"citation_author\" content=\"Piotr Jedynak\">Piotr Jedynak, <meta name=\"citation_author\" content=\"Sylwia B\u0105k\">Sylwia B\u0105k<\/span><\/span><\/p>\n<p><span style=\"font-family:georgia,serif;\"><span style=\"font-size:12px;\"><meta name=\"citation_publication_date\" content=\"2019\/11\/30\"><meta name=\"citation_journal_title\" content=\"Journal of Emerging Trends in Marketing and Management\"><meta name=\"citation_volume\" content=\"I\"><meta name=\"citation_issue\" content=\"1\"><meta name=\"citation_firstpage\" content=\"231\"><meta name=\"citation_lastpage\" content=\"240\"><meta name=\"citation_place_published\" content=\"Bucharest, Romania\"><meta name=\"citation_publisher\" content=\"The Bucharest University of Economic Studies Publishing House\"><meta name=\"citation_issn\" content=\"2537-5865\"><\/span><\/span><\/p>\n<h4>\n<span style=\"font-family:georgia,serif;\"><span style=\"font-size:12px;\"><strong>Classification JEL <\/strong><\/span><\/span><\/h4>\n<p style=\"text-align: justify;\">\n<span style=\"font-family:georgia,serif;\"><span style=\"font-size:12px;\"><meta name=\"citation_classification_jel\" content=\"G2, D81.\">G2, D81.<\/span><\/span><\/p>\n<h4>\n<span style=\"font-family:georgia,serif;\"><span style=\"font-size:12px;\"><strong>Abstract<\/strong><\/span><\/span><\/h4>\n<p style=\"text-align: justify;\">\n<span style=\"font-family:georgia,serif;\"><span style=\"font-size:12px;\"><meta name=\"citation_abstract\" content=\"Risk management is now an important domain of management, often determining the probability of survival and development of enterprises. The main purpose of this article is to identify and categorize the risk management objectives adopted in the Polish enterprises representing the financial services sector, that were studied. Empirical research was carried out on a sample of 33 companies listed on the Warsaw Stock Exchange, adopting the mixed methods research approach, using the inductive logic inherent in the empirical approach. The aim of the empirical research was realized through the use of triangulation of research methods and techniques. The main method used in the research procedure was analyzing the content of source documents of the group of enterprises studied, mainly: annual reports (financial statements, chairman\u2019s reports), capital adequacy reports and other information subject to disclosure by entities listed on the WSE. The logic classification method, and the comparative analysis method along with quantitative tools were also used. The main research findings indicate that: 1) the primary objective of shaping risk management processes in the enterprises studied is, in most cases, ensuring compliance with the applicable external and internal requirements, 2) specific objectives (components of the primary objective) are determined mainly by the specificity of the financial services sector. The research results obtained refer to both the theory and the practice of risk management among enterprises in the financial services sector, and may serve as a source of knowledge for stakeholders of stock exchange entities (eg investors, contractors, business partners), which adds value to this work.\">Risk management is now an important domain of management, often determining the probability of survival and development of enterprises. The main purpose of this article is to identify and categorize the risk management objectives adopted in the Polish enterprises representing the financial services sector, that were studied. Empirical research was carried out on a sample of 33 companies listed on the Warsaw Stock Exchange, adopting the mixed methods research approach, using the inductive logic inherent in the empirical approach. The aim of the empirical research was realized through the use of triangulation of research methods and techniques. The main method used in the research procedure was analyzing the content of source documents of the group of enterprises studied, mainly: annual reports (financial statements, chairman\u2019s reports), capital adequacy reports and other information subject to disclosure by entities listed on the WSE. The logic classification method, and the comparative analysis method along with quantitative tools were also used. The main research findings indicate that: 1) the primary objective of shaping risk management processes in the enterprises studied is, in most cases, ensuring compliance with the applicable external and internal requirements, 2) specific objectives (components of the primary objective) are determined mainly by the specificity of the financial services sector. The research results obtained refer to both the theory and the practice of risk management among enterprises in the financial services sector, and may serve as a source of knowledge for stakeholders of stock exchange entities (eg investors, contractors, business partners), which adds value to this work.<\/span><\/span><\/p>\n<h4>\n<span style=\"font-family:georgia,serif;\"><span style=\"font-size:12px;\"><strong>Keywords<\/strong><\/span><\/span><\/h4>\n<p style=\"text-align: justify;\">\n<span style=\"font-family:georgia,serif;\"><span style=\"font-size:12px;\"><meta name=\"citation_Keywords\" content=\"objectives, risk, risk management, financial services sector, enterprise.\">objectives, risk, risk management, financial services sector, enterprise.<\/span><\/span><\/p>\n<h4>\n<span style=\"font-family:georgia,serif;\"><span style=\"font-size:12px;\"><strong>Full Text: <meta name=\"citation_pdf_url\" content=\"http:\/\/www.etimm.ase.ro\/RePEc\/aes\/jetimm\/2019\/ETIMM_V01_2019_90.pdf\"><a href=\"http:\/\/www.etimm.ase.ro\/RePEc\/aes\/jetimm\/2019\/ETIMM_V01_2019_90.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: rgb(0, 0, 205);\">download pdf<\/span><\/a><\/strong><\/span><\/span><\/h4>\n<p><span style=\"font-family:georgia,serif;\"><span style=\"font-size:12px;\"><strong>Cite: <a href=\"http:\/\/www.etimm.ase.ro\/RePEc\/aes\/jetimm\/2019\/ETIMM_V01_2019_90.ris\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: rgb(255, 0, 0);\">download citation<\/span><\/a> (for EndNote, Reference Manager, ProCite)<\/strong><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Title Objectives of Risk Management in the Financial Services Sector &#8211; The Perspective of Polish Enterprises Listed on the Warsaw Stock Exchange Author Piotr Jedynak, Sylwia B\u0105k Classification JEL G2, D81. Abstract Risk management is now an important domain of management, often determining the probability of survival and development of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[23],"tags":[],"coauthors":[18],"class_list":["post-574","post","type-post","status-publish","format-standard","hentry","category-jetimm_2019"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=\/wp\/v2\/posts\/574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=574"}],"version-history":[{"count":1,"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=\/wp\/v2\/posts\/574\/revisions"}],"predecessor-version":[{"id":575,"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=\/wp\/v2\/posts\/574\/revisions\/575"}],"wp:attachment":[{"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=574"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.etimm.ase.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcoauthors&post=574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}