Weather risk reduction as key for financial performance of the enterprise - sustainable business framework

Grzegorz Michalski


Sustainable business realization is claimed to be in conflict with maximization of wealth of his owners which is the basic financial aim in management of an enterprise. Using weather risk as example, the paper show that sustainable business realization not only is not in the conflict with basic financial aim, but also thru decreasing of weather risk influence contribute to realization of this aim. Article presents the discussion about relations between sustainable business realization, ecological sustainable development policy, weather risk and how the second decrease firms value. If present working enterprises manage due sustainable business realization rules with sustainable development policy, future enterprises will have better results in maximizing enterprises owners wealth.
Author Grzegorz Michalski (EaE / IES / KZFP)
Grzegorz Michalski,,
- Katedra Zarządzania Finansami Przedsiębiorstwa
Publication size in sheets0.55
Book Majtan Stefan (eds.): Aktualne problemy podnikovej sfery 2015. Zbornik vedeckych prac, 2015, Vydavatel'stvo EKONOM, ISBN 9788022540773, 791 p.
Keywords in Englishweather risk, sustainable business realization, effectiveness of the enterprise
Languageen angielski
Score (nominal)15
Score sourceconferenceIndex
Publication indicators WoS Citations = 2
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.