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Risk Management at Ahold  

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Corporate Finance B Risk Management at Ahold Content Content 2 1. Introduction 3 2. Literature survey 4 3. Risk Management Decisions 8 3.1 Stakeholder relations and reputation 8 3.2 Operational and organisational risk 10 3.3 Economic environment risk 10 3.4 Financial risk 11 4. Conclusion 13 Literature 14 Appendix 1: Ahold's risk factors 15 1. Introduction Started as a small grocery store in the nineteenth century, Ahold has become a well-known multi-national with several thousands of operated stores in approximately 27 countries. With (reported) all-time high sales and profit of more than ( 66 billion and ( 1.1 billion in 2001, Ahold is today one of the largest retail and food-service companies in the world. Ahold was one of the success stories of the 1990's. Until the end of the 1980's, Ahold was a family controlled national business with strong protection of the family shares. During the following decade, the company transitioned towards a management controlled firm. This transition appeared to be everything Ahold needed. The new management initiated an aggressive growth strategy, acquired...

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