Abstract
External environmental labour-related risk factors influence the relationship between management and the work force of an enterprise. It is therefore of prime importance to consider these labour-related risk actors in order to be able to take a comprehensive financial investment decision. The risk factors concerned come from the political, economic, social and technological environments. The views of the participating investment practitioners (who are active in the long-term insurance industry) regarding these aspects are analysed against the background of relevant literature. The responses with reference to these labour-related risks in manual and knowledge worker enterprises are presented simultaneously and significant similarities and differences are highlighted.
Highlights
Financial investment decision-making requires a detailed investigation of the external environmental labour-related risk factors, since these factors influence labour relations within enterprises
The overall importance of the external environmental labour-related risk factors appears in the following pivot table: Table 1
Application of the sign test indicates that these differences are significant at the one per cent level, the conclusion can be reached that the economic environment is regarded as a more important labour-related risk factor for manual than for knowledge worker enterprises
Summary
Financial investment decision-making requires a detailed investigation of the external environmental labour-related risk factors, since these factors influence labour relations within enterprises. The external environmental labour-related risk factors to be considered include the political, economic, social and technological environments relevant to a particular enterprise. After taking relevant literature into consideration, the views of the participating investment practitioners (who are active in the long-term insurance industry) regarding these aspects are analysed. The responses in respect of labour-related risks in. Manual and knowledge worker enterprises are presented simultaneously, and significant similarities and differences of opinion in this regard are examined
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have