When businesses and individuals are making financial decisions, most of their decisions are forward-looking, and these decisions depend on their beliefs about what is the optimal plan for present and future. In most cases, such choices are made in a context of uncertainty. Discuss the impact of risk aversion anduncertainty when developing financial policies for an organization.

No Wikipedia, Investopedia, BLOGS with ads from yahoo.com or google.com, as they present a biased opinion. Use scholarly, peer review and online library sources!

Reference please