Article Sidebar

Download
PDF
Statistic
Read Counter : 428 Download : 246

Downloads

Download data is not yet available.

Main Article Content

Abstract

Purpose: This study explores the significance of treasury and financial risk management in volatile economic environments. It aims to assess the effectiveness of various risk mitigation strategies in enhancing financial stability and organizational resilience. The research hypothesizes that a well-integrated risk management framework can mitigate market uncertainties and improve long-term financial sustainability.


Research Design and Methodology: The study adopts a qualitative literature review approach, systematically analyzing existing scholarly works to identify key themes, theoretical foundations, and practical insights related to financial risk management. The research synthesizes knowledge of financial, operational, and strategic risk management practices by reviewing various academic sources.


Findings and Discussion: The findings highlight the critical role of structured risk management practices in maintaining financial stability, ensuring operational continuity, and strengthening competitive advantage. The study underscores the importance of integrating insights from recent research to develop adaptive risk management strategies that address financial risks holistically.


Implications: The study suggests that organizations should foster a proactive risk-aware culture, leverage emerging financial technologies, and continuously align strategies with evolving regulatory requirements. Future research should explore the intersection of digital transformation and financial risk management to enhance predictive capabilities and decision-making processes in uncertain economic landscapes.

Keywords

Treasury Management Financial Risk Management Volatile Economic Landscapes Risk Management Strategies Organizational Resilience

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Purwanti, D. (2023). The Strategic Imperative of Treasury and Financial Risk Management in a Volatile Economic Landscape. Advances in Management & Financial Reporting, 1(3), 119–128. https://doi.org/10.60079/amfr.v1i3.224
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Bessis, J. (2011). Risk management in banking. John Wiley & Sons.
  2. Bodie, Z., Kane, A., & Marcus, A. J. (2014). Investments. McGraw-Hill Education.
  3. Brigham, E. F., & Ehrhardt, M. C. (2013). Financial management: Theory & practice. Cengage Learning.
  4. Buffa, A. (2014). The financial and economic crisis: A critical approach. Springer.
  5. Ebnöther, S. (2015). Dynamic risk budgeting: Implications for risk management and performance measurement. Journal of Risk Management in Financial Institutions, 8(4), 363-377. https://doi.org/10.1057/jrm.2015.7
  6. Garcia, D., Johnson, R., & Smith, L. (2023). Behavioral biases in risk management: A systematic review. Journal of Risk Management, 10(2), 145-167. https://doi.org/10.1016/j.jrm.2022.12.005
  7. Hansen, D. R., & Mowen, M. M. (2005). Managerial accounting. Cengage Learning.
  8. Hull, J. C. (2012). Risk management and financial institutions. John Wiley & Sons.
  9. IMF. (2021). Global financial stability report. International Monetary Fund.
  10. Johnson, R., & Smith, L. (2022). Corporate governance and risk management: An empirical analysis. Journal of Corporate Finance, 67, 101985. https://doi.org/10.1016/j.jcorpfin.2022.101985
  11. Jones, M., et al. (2021). Navigating financial risks in volatile markets: A qualitative study. Journal of Financial Risk Management, 8(3), 211-228. https://doi.org/10.4236/jfrm.2021.83012
  12. Joy, O. M. (2018). Strategic financial management. Cambridge University Press.
  13. Kanwar, V. (2005). Risk management in finance: Six sigma and other next generation techniques. John Wiley & Sons.
  14. Lam, J. (2014). Enterprise risk management: From incentives to controls. John Wiley & Sons.
  15. Li, X., & Chen, Y. (2020). The role of fintech in transforming risk management: A systematic review. Journal of Financial Technology, 6(4), 315-330. https://doi.org/10.1016/j.jft.2020.10.001
  16. Merton, R. C. (2014). The crisis in retirement planning. Oxford University Press.
  17. Morgan, J., et al. (2016). Operational risk management: A practical approach to intelligent data analysis. John Wiley & Sons.
  18. Ries, E., & Trout, J. (2017). The lean startup: How today's entrepreneurs use continuous innovation to create radically successful businesses. Currency.
  19. Smith, A., & Stulz, R. M. (2002). The value of corporate risk management. The Journal of Finance, 57(6), 2323-2356. https://doi.org/10.1111/0022-1082.00479
  20. Smith, L., & Johnson, R. (2023). Organizational culture and risk management: A systematic review. Journal of Risk Management, 10(4), 367-385. https://doi.org/10.1016/j.jrm.2023.02.008
  21. Zhang, Y., et al. (2020). Blockchain technology and its applications in risk management: A systematic review. International Journal of Information Management, 52, 102066. https://doi.org/10.1016/j.ijinfomgt.2020.102066