EXPLORING THE EVIDENCE ON CHANGES IN TIME VARYING VOLATILITY AROUND BONUS AND RIGHT ISSUSE: A STUDY BASED ON KSE

Abstract

Purpose The purpose of this research article is understand the concept of resilience and risk management in relation to the challenges of risk and security associated to critical national infrastructure as well as from the effects of catastrophic events, with emphasis on the case scenario of Pakistan. The objectives of this research article include establishing the importance of resilience in the risk management approaches and how it is integrated in the organizational strategies and Governmental policies. Methodology/sampling- This is based on theoretical evolution and case study based approach to explore the depth of the issue related to critical national infrastructure and from catastrophic events. Findings- The article highlights the issues and risks associated to critical national infrastructure of the countries, with emphasis on the issues of critical national infrastructure of Pakistan. It analyzes the current status and need of establishing the resilient critical infrastructure in light of previous disastrous events in the country and discuss challenges associated with the development of the frameworks and strategies pertaining to the research question. Practical Implications- Our study recommends how to initiate the basic approach towards the development of a resilient national infrastructure.