Primjena metode rizičnih novčanih tokova u analizi rizika na primjeru Atlantic Grupe

master's thesis

• Title (english): Application of the Cash-Flow-at-Risk Method in Risk Analysis - the Case of Atlantic Group
• Author: Nora Tomljanović
• Mentor: Danijela Miloš Sprčić (mentor)
• Granter: University of Zagreb; Faculty of Economics and Business; (Department of Managerial Economics); Zagreb
• Defense date and country: 2023-09-28, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics

Abstract

Diplomski rad implementira model integriranog upravljanja rizicima te kvantifikaciju njihovog utjecaja na vrijednost poduzeća na primjeru poslovanja Atlantic Grupe. Detaljno se analizira industrija i poduzeće pristupom odozgo prema dolje (engl. top-down approach), na temelju kojeg se radi procjena očekivanih novčanih tokova poduzeća, identificiraju rizici te se oni zatim kvantificiraju metodom rizičnih novčanih tokova.
Budući da je Atlantic Grupa velika multinacionalna kompanija, izložena je velikom broju rizika, no njima aktivno upravlja i nadzire ih. Provedena analiza identificirala je rizike koji su najizraženiji te kojima bi poduzeće trebalo posvetiti posebnu pažnju. Dva ključna rizika koja se ističu u tom kontekstu obuhvaćaju cjenovni rizik i rizik vezan uz konkurenciju te gubitak kupaca. Poduzeće nema mogućnost direktno utjecati na te rizike, već je ograničena na njihovo promatranje i pravilno sučeljavanje s njima. Vidljivo je da Atlantic Grupa prepoznaje važnost upravljanja rizicima.

Abstract (english)

The thesis implements an integrated risk management model and quantifies its impact on the company's value using the example of Atlantic Group's operations. The industry and the company are thoroughly analyzed using a top-down approach, through which an estimation of the expected cash flows of the company is performed, risks are identified, and subsequently quantified using the method of cash flow-at-risk.
Given that Atlantic Group is a substantial multinational corporation, it is exposed to a multitude of risks; however, it actively manages and oversees them. The conducted analysis has identified the most pronounced risks that require particular attention from the company. Two key risks that stand out in this context encompass price risk and competition-related risk, along with the loss of customer’s risk. The company lacks the capacity to directly influence these risks but is constrained to monitor and effectively confront them. Evidently, Atlantic Group recognizes the significance of risk management.

• Keywords: integrirano upravljanje rizicima; metoda rizičnih novčanih tokova; prehrambena industrija; farmaceutska industrija; Atlantic Grupa
• Keywords (english): Enterprise Risk Management; Cash-Flow-at-Risk; Food and Beverage Industry; Pharmaceutical Industry; Atlantic Group
• Language: croatian
• URN:NBN: urn:nbn:hr:148:559764
• Study programme: Title: Business Economics; Study programme type: university; Study level: integrated undergraduate and graduate; Academic / professional title: magistar/magistra ekonomije (magistar/magistra ekonomije)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Access restricted to students and staff of home institution
• Created on: 2023-09-28 17:08:43