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The Impact of Operational Risk in Cases of Social Crises on Portuguese Small and Medium Companies: Covid-19 Pandemic

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Detalhes bibliográficos
Resumo:With the Covid-19 crisis, the cost of operational risks has increased substantially, new risks that fall into this category have surged as markets have become much more volatile, and there is a prediction of a global recession. Comparisons with the past financial crisis or the past pandemics that affected the world must be done carefully, for the reason that this time the conditions and challenges faced are nothing like the ones seen until now. However, firms can and should learn from the past so they can be better prepared for the future. The present work aims to examine the main impacts that this kind of social crisis have in operational risks and in the economy, and how have companies dealt with them. The methodology used in this study was based on literature revision on the subject and on a questionnaire directed to Portuguese micro, small and medium sized companies.
Autores principais:Barreta, Mariana Silva
Assunto:Operational Risk Covid-19 Social Crisis Financial Crisis Risco Operacional Covid-19 Crise Social Crise Financeira
Ano:2022
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:With the Covid-19 crisis, the cost of operational risks has increased substantially, new risks that fall into this category have surged as markets have become much more volatile, and there is a prediction of a global recession. Comparisons with the past financial crisis or the past pandemics that affected the world must be done carefully, for the reason that this time the conditions and challenges faced are nothing like the ones seen until now. However, firms can and should learn from the past so they can be better prepared for the future. The present work aims to examine the main impacts that this kind of social crisis have in operational risks and in the economy, and how have companies dealt with them. The methodology used in this study was based on literature revision on the subject and on a questionnaire directed to Portuguese micro, small and medium sized companies.