2008 5th International Conference on the European Electricity Market 2008
DOI: 10.1109/eem.2008.4579117
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The impact of risk management effectiveness on Power Utility performance - 5<sup>th</sup> International Conference on the European Electricity Market

Abstract: A risk management is very important; it enables company to react in early stage of change in environment and avoiding possible crises. Risk management is a factor of business performance. In order to prove the existence of a relationship between Risk management effectiveness and company performance we defined a Risk management index (RMI) and compare it with three company performance indicators. RMI is determined by ten factors that could be grouped into four categories: risk management system, institutional, … Show more

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“…Reference [1] analyzes the relationship between the risk management and the utilities performance by introducing a factor named risk management index (RMI), the example with three companies shows that there is high positive relationship. Reference [2] deals with the information risk management for electric power utilities, with the introduction of their research on the assessment method caIJed Electric Power Cyber Security Assessment (EPCSA).…”
Section: Introductionmentioning
confidence: 99%
“…Reference [1] analyzes the relationship between the risk management and the utilities performance by introducing a factor named risk management index (RMI), the example with three companies shows that there is high positive relationship. Reference [2] deals with the information risk management for electric power utilities, with the introduction of their research on the assessment method caIJed Electric Power Cyber Security Assessment (EPCSA).…”
Section: Introductionmentioning
confidence: 99%