Scenario planning and real options analysis in integrated risk management process

Karolina Daszyńska-Żygadło

Abstract

The paper shows an integrated theoretical concept of preparing quantitative risk assessment using real options that results from the qualitative method which is scenario planning and its modification. Scenario planning is a very useful tool to describe the factors resulting from environment that influence the company. It is used to translate organizational learning capabilities into precisely planned operational responses to react to and then recover from an exogenous shock. Those scheduled activities should be evaluated from the perspective of financial effectiveness and value creation. Therefore description of the environment in the form of scenarios integrated with the real options valuation is an interesting theoretical concept of risk management that requires to be tested and researched in the future
Author Karolina Daszyńska-Żygadło (MISaF / IZF / KFPiM)
Karolina Daszyńska-Żygadło,,
- Katedra Finansów Publicznych i Międzynarodowych
Pages102-111
Publication size in sheets0.5
Book Čulik Miroslav (eds.): Managing and Modelling of Financial Risks: 6th International Scientific Conference Proceedings. Part 1 , 2012, VSB - Technical University of Ostrava, ISBN 978-80-248-2835-0, 345 p.
Keywords in Englishscenario planning, risk management, operational risk
Languageen angielski
Score (nominal)5
Publication indicators WoS Citations = 1
Citation count*3 (2020-09-22)
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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.
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