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An Investigation of Areva Inc. Huge Financial Loss in the Aftermath of Fukushima Nuclear Disaster

Mohajeryami, Saeed and Moghadasi, Seyedmahdi and Rahimi, Kaveh (2015): An Investigation of Areva Inc. Huge Financial Loss in the Aftermath of Fukushima Nuclear Disaster.

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Abstract

Areva is a French multinational company, mainly known for its nuclear power activities. This Company is active in all parts of value chain of nuclear energy. After Fukushima disaster, this company faced a huge financial loss. This study investigates the reasons for the loss and how Areva could manage the loss better. Diversification, increasing the flexibility of its human resource management, not taking any unsafe bet after 2008 vulnerable global market, adopting more realistic and risk-averse approach for estimation of the cost of its nuclear projects are suggested as a preventive and corrective measures.

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