RISK MANAGEMENT IN BIMSON CEMENT JOINT STOCK COMPANY

Abstract

Every enterprise exists to provide value for its stakeholders, but that value can be eroded through unexpected events at all levels of the enterprise and in all activities, these undesirable events occur on a daily basis, from inside or outside preventing the companies from achieving their objectives. Risk management is an insurance-related concept where an individual or enterprise uses insurance mechanisms to provide protection from those risks. This paper shows the state of risk management in Bimson cement Joint Stock Company, giving assessment and then proposing some solutions to complete risk management in Bimson cement Joint Stock Company.