Korean J General Edu Search

CLOSE


Korean Journal of General Education 2019;13(1):255-292.
Published online February 28, 2019.
The Decision-Making Framework for Financial Risk Management and Control in Economic Systems
Jun Tae Kim
경제시스템 내의 금융위험 관리·통제를 위한 의사결정 프로그램 구성방안 고찰
김준태
Abstract
Understanding risk spillovers in financial markets is critical for controlling financial distress. This study proposes a new measure of the effects of tolerance of financial risks on major economic agents using both matrix and decision-making schemes as research objects. I characterize the most representative financial dynamics associated with the circular flow of capital, which are: financial position, investments, and market statistics. I find that inherent asymmetries in economic systems have a huge impact on any microfinance sector, capital market, and individual economic agents, implying the interconnectedness and systemic risk in the economic systems. The results provide useful financial decision schemes on the analysis of financial risk management, financialreal sector network, and financial empowerment. Evidence also suggests that a reliable stability assessment regime can be used to determine financial imbalances, allowing us to preemptively mitigate disturbances associated with suboptimal decision making by economic agents.
Key Words: Economic system, Financial Risk, Financial Decision-Making, Financial Markets
TOOLS
Share :
Facebook Twitter Linked In Google+ Line it
METRICS Graph View
  • 469 View
  • 6 Download
Related articles in Korean J General Edu


ABOUT
ARTICLE CATEGORY

Browse all articles >

BROWSE ARTICLES
EDITORIAL POLICY
AUTHOR INFORMATION
Editorial Office
203-827. Chung-Ang University
84, Heukseok-ro, Dongjak-gu, Seoul, Republic of Korea, 06974
Tel: +82-2-820-5949    E-mail: hangang331@cau.ac.kr                

Copyright © 2022 by The Korean Association of General Education.

Developed in M2PI

Close layer
prev next