Review Of Literature On Financial Performance

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They added that reducing risks increases customer satisfaction and result in a positive correlation with firm’s performance.

Al-Hersh & Saaty (2014) asserted that reduction in apparent risks result in good relationship with firm and customer and a customer has a tendency of maintaining relationship with service providers; hence a significant positive performance is attained by the firm.

View Full-Text Figure 3 Total number of citations in the field on the Web of Science (Social Science Citation Index (SSCI), Science Citation Index Expanded (SCI-EXPANDED), and Emerging Sources Citation Index (ESCI).

Public Setting, Risk Management, Financial Performance, Skills, Knowledge.

They explained that risk reduction practices significantly improve the return on assets of the firm. (2012) in support confirmed that reducing exposed risk increases the quality of service as well as the firm’s financial performance.

They added that risk mitigation and financial performance has a positive relationship.

Figure 3 Total number of citations in the field on the Web of Science (Social Science Citation Index (SSCI), Science Citation Index Expanded (SCI-EXPANDED), and Emerging Sources Citation Index (ESCI).

" Big data technologies have a strong impact on different industries, starting from the last decade, which continues nowadays, with the tendency to become omnipresent.

He asserted that firms’ risk level should be strongly monitored and assessed to ensure improvement of performance.

Bandara & Weerakoon (2012) posited that risk management is essential but the link between financial performance and risk management of firms is not clear.

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