Honors Theses

Date of Award

Spring 5-1-2021

Document Type

Undergraduate Thesis

Department

Finance

First Advisor

Andre Liebenberg

Second Advisor

Stephen Fier

Third Advisor

Arup Ganguly

Relational Format

Dissertation/Thesis

Abstract

Enterprise risk management is a necessity for businesses in today’s marketplace. Firms that are unaware of risks they are facing often find themselves in unexpected trouble. The field of enterprise risk management has been growing since the 1990s as an effort to minimize the costs that risk imposes on firms. In this case study, I identified risks for Happy Tails, Inc. and recommended various techniques to manage the risks. I found that not only does Happy Tails face many of the same major risks faced by most firms in the marketplace today, but it also faces some unique risks due to its corporate structure and line of business. This thesis highlights several of the most significant risks for Happy Tails, Inc. and recommends various risk management techniques to minimize the cost of risk for the firm.

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