Abstract:Today risk management in Government, Federal and Local is emerging. Along with the increasing implementation of risk management concept and risk management have proven to protect many companies from the financial crisis in any decades. Asian Financial Crisis 1998-1999, Global Recession 2008, and Global Crisis 2018 deliver significant unfavorable effects to the companies, and some of the companies declared bankruptcy. Companies with effective risk management survive in any crisis since they have identified pote… Show more
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