This article seeks to present innovations on the financial management focused to the risk administration, which can be applied to the industry and commerce. This model, with origin in the banking segment, will be adjusted to look at the specific features of non-financial companies. Therefore, the innovation to be presented in this article deals with the adaptation of techniques and models linked to the financial risk management in applications on the non-financial companies' management. In this article, the Markowitz's technique will be used to set an optimum investment allocation in different company's products. The definition of a value-at-risk will allow the level adjustment of production, in function of the risk level to be incurred, with impact on the company's activity level. Finally, the marginal value-at-risk will be used to propitiate indication of changes in the emphasis on production investments, which allow an increasing or decreasing of the assumed risk level.
Risk management; corporate risks; market risk; value-at-risk; marginal value-at-risk
