This work focuses on the concepts of business organization, risk and their relevance in business management. After a presentation of all these topics, a critical analysis will be proposed in order to depict the linkages among them and to stress the elements affecting managerial choices and the relationships taking place in business contexts. Also, a deep analysis of financial risk management will be proposed. A financial risk is something like an uncertainty of expected financial payment from one party to another. It can be better explained in banking services scenario. Suppose that a firm or a person takes a loan from a bank and expects to pay back EMI (Equated Monthly Installment) from the subsequent month: the possibility they fail to repay will be a financial risk to the bank. Similarly, if a bank receives a deposit from a person, the possibility to fail paying the money with interest on maturity date is another type of financial risk that bank should be able to handle.
Michele Giovanni Pagano was born in Castellamare di Stabia in 1980. Graduated in Business Economics and Economics at the Federico II University of Naples, he is Professor of Business Economics and Political Economy as well as accountant and statutory auditor. He has already published Tra disciplina e deregulation: da Bretton Woods alla crisi del 2008 and I metodi per la valutazione degli investimenti. With Infilaindiana Edizioni Pagano has published L’informativa aziendale e le rilevazioni speciali esecutive (2019).