Financial crises and financial risk management: An application about businesses in Aegan area

In this study, financial crises after 1990 and 2008 crisis which affects nearly all countries and effects on the businesses are examined. Experienced financial crises in means of macro and micro economics affect different degrees of all economic units. The degree of this effect can change from country to country or firm to firm. This study?s aim is how 2008 crisis affect business in Aegean Area and determine that business use which financial risk management tecniques. Subjects like crisis and risk management are important because they give us life stages about business. With all crises, business come face to face new problems. This also expose risk management?s importance.In order to this aim, firstly conceptual explanations concerned with crises have been provided within the theoretical framework of this study, and than, the crisis concept and its forms, major indications and reasons of the crises and risk management have been explained. In conclusion chapter, 2008 crisis how affected the companies and companies use which risk management techniques are researched.