Arthatama: Journal of Business Management and Accounting
Vol. 8 No. 2 (2024)

Enhancing Risk Management Strategies in the Financial Sector

Muhammad Wildanul Atqiya (Universitas Diponegoro, Semarang, Indonesia)



Article Info

Publish Date
30 Dec 2024

Abstract

Risk management is a critical component in ensuring the stability and sustainability of the financial sector. With the rapid digital transformation and increasing global economic uncertainties, financial institutions face heightened risks related to cybersecurity, regulatory compliance, and economic fluctuations. This study examines contemporary risk management challenges, explores innovative mitigation strategies, and highlights emerging opportunities such as Artificial Intelligence (AI), big data analytics, and sustainability-driven financial practices. A mixed-methods approach is employed, integrating qualitative insights from industry professionals with quantitative analysis of risk trends. The findings underscore the necessity for adaptive risk management frameworks that leverage technological advancements while aligning with regulatory and environmental considerations. This study contributes to the discourse on financial risk management by offering strategic recommendations for enhancing resilience in an increasingly volatile financial landscape.

Copyrights © 2024






Journal Info

Abbrev

art

Publisher

Subject

Economics, Econometrics & Finance

Description

The objective of the Arthatama is to promote the wide dissemination of the results of systematic scholarly inquiries into the broad field of business research. Arthatama accepts articles in any business management and accounting related subjects and any research methodology that meet the standards ...