International Journal of Accounting, Finance and Risk Management

Special Issue

Perspectives on Risk Management and Impact on Sustainability of Companies

  • Submission Deadline: Dec. 25, 2019
  • Status: Submission Closed
  • Lead Guest Editor: Nuno Teixeira
About This Special Issue
In the current business environment characterized by constant change and global competition, it becomes imperative to identify the risks that condition the activity of organizations so that managers can make decisions that turn potential threats into profitable opportunities.
In this sense, it is important to know the types of risk associated with the business context and the impact they may have on the value creation capacity of organizations.
In addition, the global economic and financial crisis that began in 2008 has highlighted the extremely negative impact that the realization of risks can have on sustainable development, both in countries and in organizations, generating widespread debt, unemployment and poverty.
Thus, business risk management has become a priority and today, it is fundamental to know its different visions, as well as techniques and indicators that allow the identification of events that generate hazards, the assessment of risks, the creation of responses to potential risks and to business monitoring and control activities, as well as the reporting of management and financial information of organizations, among other aspects associated with the topic.
So, this special issue proposal intends to address various aspects of risk management of organizations, seeking to study difficulties and opportunities that may condition the success of business actions associated with these topics.
Thus, this proposal intends to provide a framework for all those interested in the subject of risk management (researchers, managers, students, among other actors), identifying some crucial variables for better decisions in different industries, countries, contexts and companies.

Aims and Scope:

  1. Risk models
  2. Risk measurement
  3. Financial management
  4. Financial reporting
  5. Information Integrate systems
  6. Management control systems
Lead Guest Editor
  • Nuno Teixeira

    Escola Superior de Ciências Empresariais do Instituto Politécnico de Setúbal, Setúbal, Portugal

Guest Editors
  • Cândido Peres ORCiD

    Department of Finance, Lisbon Accounting and Business School, Lisbon, Portugal

  • Inês Lisboa

    School of Technology and Management, Centre of Applied Research in Management and Economics, Polytechnic Institute of Leiria, Leiria, Portugal

  • Maria Elisabete Neves

    IPC- Coimbra Business School, Coimbra, Portugal

  • José Luís José Luís

    Polytechnic Institute of Leiria, Leiria, Portugal

  • Elisabete Duarte

    ESTG - Ipleiria, Leiria, Portugal

  • Elisabete Vieira

    ISCA – University of Aveiro, Aveiro, Portugal

  • Luís Lima Santos

    Polytechnic Institute of Leiria, Leiria, Portugal

  • Magali Costa

    Instituto Politécnico de Leiria, CEFAGE, Leiria, Portugal

  • Sérgio Cruz

    Higher Institute for Accountancy and Administration of Aveiro University, Aveiro, Portugal

Published Articles
  • Impact of European Funds on Value Creation of Portuguese Companies

    Nuno Teixeira , Luís Vitorino , Rui Brites , Teresa Godinho

    Issue: Volume 5, Issue 1, March 2020
    Pages: 1-11
    Received: Dec. 24, 2019
    Accepted: Dec. 31, 2019
    Published: Mar. 10, 2020
    DOI: 10.11648/j.ijafrm.20200501.11
    Abstract: This work aims to highlight the impact of Community funds on the capacity to create financial value of Portuguese companies. We develop a theoretical framework with a reflection on various topics relevant to research, namely the importance of investments for companies, the concepts of financial performance and the logic of value creation, the metri... Show More
  • Operating Risk (Cost-Volume-Profit) and Economic Value Added (EVA®)

    Ana Bela de Sousa Delicado Teixeira , Rosa Maria Morgado Galvão , Sandra Cristina Dias Nunes

    Issue: Volume 5, Issue 1, March 2020
    Pages: 12-25
    Received: Dec. 24, 2019
    Accepted: Jan. 02, 2020
    Published: Mar. 10, 2020
    DOI: 10.11648/j.ijafrm.20200501.12
    Abstract: Today, it is unquestionable the importance that organizational management is supported by indicators. Also, knowledge of value creation and operating risk are information that differentiates this management support. This study aimed to verify the relationship between the value creation generated by companies included in the sample and the indicator... Show More
  • Value Creation: EVA® Value Drivers - The Case of Euronext Lisbon

    Rosa Maria Morgado Galvão , Ana Bela de Sousa Delicado Teixeira , Sandra Cristina Dias Nunes

    Issue: Volume 5, Issue 1, March 2020
    Pages: 26-39
    Received: Dec. 24, 2019
    Accepted: Jan. 02, 2020
    Published: Mar. 10, 2020
    DOI: 10.11648/j.ijafrm.20200501.13
    Abstract: Value-based management has gained prominence in both business and academia, supported by the notion that It is no longer sufficient for a company to generate profit, it is also required that the profit be higher than the cost of the total capital invested in the company. To increase value creation, managers need to understand which are its relevant... Show More
  • Testing the Weak Form of Efficient Market Hypothesis: Empirical Evidence from Equity Markets

    Rui Dias , Paula Heliodoro , Nuno Teixeira , Teresa Godinho

    Issue: Volume 5, Issue 1, March 2020
    Pages: 40-51
    Received: Dec. 24, 2019
    Accepted: Jan. 02, 2020
    Published: Mar. 10, 2020
    DOI: 10.11648/j.ijafrm.20200501.14
    Abstract: The aim of this paper is to analyse integration and test the hypothesis of an efficient market, in its weak form, in sixteen international financial markets. The sample covers the period from January 2002 to July 2019 and is divided into three sub-periods. In order to achieve such an analysis, the aim is to provide answers to two questions. Has the... Show More
  • Financial Instruments’ Disclosure in Compliance with IFRS 7: The Portuguese Companies

    Francisco Leote , Clarisse Pereira , Rui Brites , Teresa Godinho

    Issue: Volume 5, Issue 1, March 2020
    Pages: 52-61
    Received: Dec. 30, 2019
    Accepted: Jan. 06, 2020
    Published: Mar. 10, 2020
    DOI: 10.11648/j.ijafrm.20200501.15
    Abstract: The constant changes in the business context and international relations have led companies to be provided with financial reporting with useful information, including their relevance, comparability and harmonization as required by International Financial Reporting Standards (IFRS). This study analyzes the level of disclosure of derivative financial... Show More