INVESTMENT RISK ANALYSIS: THEORETICAL ASPECTS

Abstract

Strategic investment decisions are among the most important decisions made by business enterprises. During the investment decision making process investment alternatives are identified, evaluated and projects that are likely to have a big impact on a company's competitive advantage are selected. However, under conditions of global economy the steady increase in the variety and scale of uncertainties, competitive interactions and risks prevail, and the difficulty to make reasonable investment decisions is growing. To assist managers in the decision making process, researchers have developed various approaches dealing with uncertainty. The main objective of this paper is to investigate the feasibility of different risk analysis techniques under conditions of environmental uncertainty. Research method - systematic scientific literature analysis. [ABSTRACT FROM AUTHOR]