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Oditor - časopis za Menadžment, finansije i pravo
2018, vol. 4, iss. 3, pp. 41-61
article language: Serbian
document type: Review Paper
doi:10.5937/Oditor1803041O


VaR analysis for the financial risk identification objective
aVisoka škola za menadžment i ekonomiju, Kragujevac
bMinistarstvo odbrane Republike Angole, Luanda, Angola
cKopnena Vojska Srbije, Kruševac

e-mail: obradovic.branislav@hotmail.com, vukslav51@gmail.com, milos.miljkovic.mekis@gmail.com

Abstract

Business decision-making in today's highly turbulent environment takes place under conditions of uncertainity and risk. Due to changes in the economy and finances, there are various risks that, in some cases, management can not be affected because the efficiency and future of the business of companies and which can be controlled and managed to satisfy owners, management, employees and other stakeholders. This paper explains VaR analysis as a method for modern risk management as well as pointing out its shortcomings.

Keywords

References

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