Diversification of methods and techniques for quantification and management of risk has led to the development of many mathematical models, a large part of which focused on measuring bankruptcy risk for businesses. In financial analysis there are many indicators which can be used to assess the...

This paper aims to approach risks at enterprise financial management by identifying potential risk sources and their attached risk factors, as well as identified risk quantification through statistical and mathematical instruments. Starting from the hypothesis that, in its essence, risk means...