Theoretical convergences in the classification of business risks and the characterization of the consequence

González Rodríguez, Julio César Y Díaz Carreño, Ramiro (2025) Theoretical convergences in the classification of business risks and the characterization of the consequence. Tendencias, 26 (2). pp. 55-83. ISSN 01248693

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Resumen

Introduction: Risk management in the business environment has evolved significantly, but it still faces the challenge of having a unified and coherent risk classification. This lack of homogeneity hinders the effective implementation of mitigation strategies and communication between different stakeholders. Objective: This research proposes a new way of classifying business risks, providing a novel theoretical framework for Enterprise Risk Management (ERM). Methodology: An epistemological and praxeological contrast was carried out through an exhaustive review of the academic literature and current business practices in risk management. This analysis made it possible to identify factors of conceptual convergence and to unravel inconsistencies in the existing risk taxonomies. Results: It was determined that internal risks can be grouped into three key areas: strategic, financial and operational. The consequence should not be considered a classification variable, but a construct of several variables. Conclusions: The distinction between the scope of risk and its consequences allows for a more precise identification, evaluation and management. This proposal contributes to standardizing enterprise risk management, by distinguishing between the scope of risk and its consequences. This model improves risk identification and management, reduces conceptual ambiguity, and strengthens organizational capacity to deal with uncertainty.

Tipo de Elemento:	Artículo
Palabras Clave:	classification; consequences; enterprise; Enterprise Risk Management; risk.
Asunto:	Ciencias Sociales > HB Economic Theory Ciencias Sociales > HC Economic History and Conditions
Division:	Revistas > Tendencias
Depósito de Usuario:	FACEA Fac. de Ciencias Econ. y Aministrativas
Fecha Deposito:	22 Dec 2025 15:58
Ultima Modificación:	22 Dec 2025 15:58
URI:	http://sired.udenar.edu.co/id/eprint/16131

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