Risk assessment is currently used by organizations either as a reactive method of
identifying, evaluating and analyzing risks that have already materialized or in the best
cases as a proactive solution that prevents risk materialization and the related possible
negative outcomes. Risks are uncertainties that can also lead to positive outcomes, so
that risks can be transformed in chances of tackling new business opportunities and
improving business performance.
The results of the research performed during the doctoral period, as well as the study
of national and international specialized literature and data bases developed by
organizations such as the Organisation for Economic Co-operation and Development
(OECD), RobecoSAM and the Maddison Project Database were used in order to
achieve these objectives.
Interviews and electronic questionnaires sent to managers and risk assessment
specialists were the methods of gathering data and information in order to achieve
research results.