Risk Management Practices of SMEs

For SMEs, the establishment of risk management system is essential to their survival, since it affects their ability to continue to receive credit from banks. When rating a SME, the lending bank will also assess the proper implementation of a risk management system. Thomas Henschel presents a scoring approach which allows the evaluation of risk management in businesses and also their system of planning and corporate governance. This book provides you precise recommendations for the implementation of an effective risk management in SMEs.