Risk Management System Research Articles

FINANCIAL MODELLING AS A TOOL FOR SOLVING THE MAIN PROBLEMS OF THE ENTERPRISE

The article describes the development of theoretical provisions and the improvement of methodological approaches to the analysis and forecasting of the financial state of the company with the disclosure of the main problems that are solved with the help of financial modelling. The article analyzes the use of financial modelling and forecasting tools, which makes it possible to effectively analyze complex and uncertain situations related to strategic decision-making, is a tool for financiers that allows considering a large number of options according to the scenario of how to live without losing invested funds. The relevance of financial modelling is revealed when the availability and cost of external financing decreases, the risks of loss of liquidity and business stability increase, and the most important condition for its development is the increase in operational efficiency. The financial model of the company’s projects allows you to simulate cash flows of planned activities and assess the company’s future financial condition, shows where the company’s financial resources will come from and what they will be spent on, serves as the basis for risk analysis and the construction of the company’s risk management system, ensures continuous analytical work, significantly saves time, allowing to avoid consideration of unacceptable options and to quickly make a decision to terminate unpromising investment projects.

A History of the Pastoral Way of Life in the Awash Valley, Ethiopia

The main objective of this seminar paper is to explore pastoral way of life in the Awash Valley. It is well known that pastoralism is a way of life mostly found in Africa that is based on raising livestock and using mobility as a fundamental technique for livelihood development and risk management system. In Ethiopia, there are a total of twenty nine pastoralist group. Yet, this seminar paper focuses on Debne Afar, the Karrayu, Arsi, Ittu, Jile, and Issa-Somali, the six pastoralist groups traditionally inhabiting on the Awash valley. Many research studies are conducted around pastoralism in Ethiopia by depending and explaining on the conflict between pastoralists, economic activities, and those prone to drought. However, the present seminar paper wants to fill a gap in providing a detailed examination with historic narratives available documents on the way of life and interaction of pastoralists in the Awash valley, conflict and traditional resolution mechanisms, government policy towards pastoralists, assess drought and traditional mitigation measures, which are the main focus of this paper. The survey of literature is restricted to the published secondary materials of books, reputable with peer reviewed journals, articles and unpublished materials of report, MA thesis and PhD dissertations that have been available to this writer to date. In conclusion, there are certain aspects of the pastoralist way of life that lessons can be drawn from their practices, unlike other pastoralist groups. Afar was able to found an organized local state of Aussa in 1577 AD under the leadership of Mohammed Jassa around Awash valley, still local clan leaders continued old administrative functions. The Karrayu pastoralists also began to intermingle and intermarry with Ittu pastoralist communities in the study area for a long period of time. There are a number of frequent conflicts in pastoral communities. However, the major conflicts are Afar agains. Karrayu and Afar fight Issa-Somali clan was dominant ones. vis-à-vis of their conflict most pastoralists in the Awash valley in thier long history have been able developed traditional conflict resolution mechanisms such as the Ittu Oromo have had belief systems known as Abarsa and Kakku, the unwritten rangeland pastoral law of the Issa–Somalia clan, also known as Heer Issa, and the Afar pastoralists also have a strong traditional clan leader named Finna.

Factors Influencing Learners' Participation in Physical Education in The New Normal: An Input to Curriculum Development Program

The Philippines' current disaster mitigation and adaptation landscape this school year has brought a significant challenge to the education system as a result of the COVID-19 pandemic. Adversity and the resilience of people to hazards were experienced while combating this pandemic. Crisis and risk management systems are required to help prevent disease outbreaks and pandemics from affecting education communities. This point of view guides teachers, institutional heads, and authorities on how to deal with the crisis. The previous year saw many people face unexpected stress and adversity as a result of the worldwide outbreak of the coronavirus disease (COVID-19). As the number of challenges in providing basic education to students grows, school leaders and teachers must develop resilience in surviving and overcoming adversity. This study pursued to determine the relationship between school heads' managerial competencies to teachers' positive resilience in the new normal. A descriptive-correlational research design determined the relationship between the level of school heads' managerial competencies, and the level of teachers' positive resilience in the new normal within the four City Schools Divisions in Laguna for the school year 2021-2022. The study included 503 public school elementary teachers in the positions of teachers I-III and master teachers I-II as respondents. Using the Competency Framework for Southeast Asian School Heads (2014), and The Resilience Scale for Adults (2015), data gathering via an online platform was utilized. Frequency, percentage, mean, standard deviation, Pearson product-moment of correlation, and hierarchical linear regression were the statistical tools utilized to analyze and interpret the data gathered. Findings revealed that the school heads were practicing well in each construct of managerial competencies and each construct of positive resilience. The level of teachers' positive resilience in the new normal resulted in a very high level in terms of establishing friendly relationships easily. The researcher, therefore, concluded that when school heads demonstrated a high level of managerial competencies in terms of strategic thinking and innovation, instructional leadership, personal excellence, stakeholders' engagement, and managerial competencies, a better positive resilience may be expected to all the teachers in the new normal.

Analyzing The Difficulties of Transformation and Upgrading of Local Exhibition Enterprises

s a new industry that promotes economic development, the exhibition industry can effectively drive the synergistic development of related industries in cities. As the main part of the exhibition industry, exhibition companies, like the exhibition industry, are also highly vulnerable to the impact of unexpected events. This study mainly took small and medium-sized exhibition companies as the research object and investigates how small and medium-sized local exhibition companies can cope with the business crisis exacerbated by unexpected events through transformation and upgrading using a case study. This study concluded that small and medium-sized local exhibition companies have not done enough in the four aspects of enterprise risk management, talent management, digital upgrading, and enterprise branding. Therefore, small and medium-sized local exhibition companies need to find or establish a risk management system suitable for their own conditions, a perfect talent management and cultivation system, a reasonable digital transformation and upgrading, and corporate branding. This study gave small and medium-sized exhibition companies some development suggestions to help them transform and upgrade to cope with the increasingly serious business crisis.

Between risk mitigation and labour rights enforcement: Assessing the transatlantic race to govern AI-driven decision-making through a comparative lens

In this article, we provide an overview of efforts to regulate the various phases of the artificial intelligence (AI) life cycle. In doing so, we examine whether—and, if so, to what extent—highly fragmented legal frameworks are able to provide safeguards capable of preventing the dangers that stem from AI- and algorithm-driven organisational practices. We critically analyse related developments at the European Union (EU) level, namely the General Data Protection Regulation, the draft AI Regulation, and the proposal for a Directive on improving working conditions in platform work. We also consider bills and regulations proposed or adopted in the United States and Canada via a transatlantic comparative approach, underlining analogies and variations between EU and North American attitudes towards the risk assessment and management of AI systems. We aim to answer the following questions: Is the widely adopted risk-based approach fit for purpose? Is it consistent with the actual enforcement of fundamental rights at work, such as privacy, human dignity, equality and collective rights? To answer these questions, in section 2 we unpack the various, often ambiguous, facets of the notion(s) of ‘risk’—that is, the common denominator with the EU and North American legal instruments. Here, we determine that a scalable, decentralised framework is not appropriate for ensuring the enforcement of constitutional labour-related rights. In addition to presenting the key provisions of existing schemes in the EU and North America, in section 3 we disentangle the consistencies and tensions between the frameworks that regulate AI and constrain how it must be handled in specific contexts, such as work environments and platform-orchestrated arrangements. Paradoxically, the frenzied race to regulate AI-driven decision-making could exacerbate the current legal uncertainty and pave the way for regulatory arbitrage. Such a scenario would slow technological innovation and egregiously undermine labour rights. Thus, in section 4 we advocate for the adoption of a dedicated legal instrument at the supranational level to govern technologies that manage people in workplaces. Given the high stakes involved, we conclude by stressing the salience of a multi-stakeholder AI governance framework.

Monitoring Adenosine Triphosphate Concentrations in a Chloraminated Drinking Water Distribution System for Risk and Asset Management

Utilities rely on reliable and robust monitoring systems to inform decisions around asset operation and management in the drinking water distribution system (DWDS) to deliver high quality, biologically stable drinking water to consumers. However, traditional culture-based testing methods present challenges that make the timely detection of regrowth in the DWDS difficult. This study reports the results of an extensive adenosine triphosphate (ATP) monitoring campaign—a non-regulated parameter—in an urban, chloraminated drinking water system that analyzed over 5000 samples from two drinking water treatment plants (DWTPs), associated DWTP reservoirs, twelve outlying reservoirs and the DWDS between 2019–2022. ATP concentrations increased significantly between the two DWTP reservoirs and outlying reservoirs but decreased between the outlying reservoirs and DWDS samples. Relationships between ATP concentrations and other water quality variables varied depending on sampling location. Heterotrophic plate counts (HPC) were mainly non-detects (<1 CFU/mL) providing limited operational guidance compared to ATP. ATP concentrations exhibited temporal and spatial variation but did not exceed the proposed 10 pg/mL corrective action limit suggested by the manufacturer. ATP concentrations were also able to inform outlying reservoir management decisions. Monitoring ATP could serve as a useful indicator of biological stability in the DWDS for the utility of the future.

Asking informed consent may lead to significant participation bias and suboptimal cardiovascular risk management in learning healthcare systems

BackgroundThe Utrecht Cardiovascular Cohort – CardioVascular Risk Management (UCC-CVRM) was set up as a learning healthcare system (LHS), aiming at guideline based cardiovascular risk factor measurement in all patients in routine clinical care. However, not all patients provided informed consent, which may lead to participation bias. We aimed to study participation bias in a LHS by assessing differences in and completeness of cardiovascular risk management (CVRM) indicators in electronic health records (EHRs) of consenting, non-consenting, and non-responding patients, using the UCC-CVRM as an example.MethodsAll patients visiting the University Medical Center Utrecht for first time evaluation of a(n) (a)symptomatic vascular disease or condition were invited to participate. Routine care data was collected in the EHR and an informed consent was asked. Differences in patient characteristics were compared between consent groups. We performed multivariable logistic regression to identify determinants of non-consent. We used multinomial regression for an exploratory analysis for the determinants of non-response. Presence of CVRM indicators were compared between consent groups. A waiver (19/641) was obtained from our ethics committee.ResultsOut of 5730 patients invited, 2378 were consenting, 1907 non-consenting, and 1445 non-responding. Non-consent was related to young and old age, lower education level, lower BMI, physical activity and haemoglobin levels, higher heartrate, cardiovascular disease history and absence of proteinuria. Non-response increased with young and old age, higher education level, physical activity, HbA1c and decreased with lower levels of haemoglobin, BMI, and systolic blood pressure. Presence of CVRM indicators was 5–30% lower in non-consenting patients and even lower in non-responding patients, compared to consenting patients. Non-consent and non-response varied across specialisms.ConclusionsA traditional informed consent procedure in a LHS may lead to participation bias and potentially to suboptimal CVRM, which is detrimental for feedback on findings in a LHS. This underlines the importance of reassessing the informed consent procedure in a LHS.

Qualification and impact of a video-assisted control system in a chemotherapy compounding unit

ObjectivesAnticancer drug preparation control is essential to ensure quality and patient safety. Drugcam (Eurekam Company) is a digital video-assisted control system based on artificial intelligence methods to identify vials used...

Enterprise Risk Management in an Uncertain Environment

Purpose: The issue of enterprise risk management in an uncertain environment is a priority for the corporate sector to ensure liquidity and value of financial assets and operations in the selected market segment. Theoretical framework: The problem of enterprise risk management is to find an effective practice of using risk management systems that can minimize and prevent potential risks both internally and externally. Method: The article aims to analyze enterprise risk management and outline the key means of ensuring the stability of commercial activities with possible optimization of the work of functional units. An important area of the study is the identification of modern practical risk management tools and means of optimizing corporate activities in the context of global economic instability. Results and conclusion: The results of the study indicate the characteristic practices and comprehensive means of enterprise risk management to ensure its microeconomic stability. The prospects for risk management as a tool for ensuring it, as analyzed in the study, are constantly evolving and changing due to the emergence of innovative information technologies, which are one of the key tools for forecasting, modeling, and analyzing enterprise activities. Search implications: Attention is paid to the issue of the current economic environment and the quality of financial resource allocation in an unstable global economic situation. Originality/value: The obtained results of the study can be used by corporate institutions to improve their risk management policies and contribute to the stable operation of the enterprise even in the face of global uncertainty in the environment.

A drought risk management system for early drought alert and proactive actions in large semi-arid areas

A drought risk management system for early drought alert and proactive actions in large semi-arid areas

Taras Shevchenko National University of Kyiv: Navigating education as a frontline during times of war

This study aims to highlight the resilience and innovation of Taras Shevchenko National University of Kyiv (KNU) in the face of internal and external risks, particularly during times of war and political instability. KNU’s commitment to advancing knowledge is evident through its successful maintenance of educational, scientific, and economic activities and its proactive measures to counter propaganda and misinformation. The university has prioritized the psychological and emotional support of its students and staff and has minimized student losses by implementing flexible forms of education and individual counseling. KNU has also strengthened its international partnerships and grant initiatives. Despite significant losses, the university has maintained its material and technical infrastructure by leveraging various funding sources and developing a strategic trajectory toward an entrepreneurial model. KNU’s strategic objectives include transforming the university into the core of innovation clusters, establishing a risk management system, and monitoring the labor market. KNU’s experience could provide valuable insights for other universities facing similar challenges, emphasizing the importance of effective risk management, crisis communication, and psychological support for the academic community. AcknowledgmentThe authors express their gratitude to the Armed Forces of Ukraine for their bravery and resilience in the fight for the country’s freedom and independence against new threats in the 21st century. They also thank the Taras Shevchenko National University of Kyiv staff for their unwavering commitment, selflessness, and psychological fortitude, enabling maintaining and expanding the university’s resources despite challenging circumstances. Overall, the authors are optimistic about the future and confident in the prospect of victory.

МОДЕЛЮВАННЯ СИСТЕМИ ЕКОНОМІЧНИХ ВТРАТ ЗМЕНШЕННЯ БІЗНЕСУ В УМОВАХ СУЧАСНИХ ГЛОБАЛЬНИХ І ЛОКАЛЬНИХ ВИКЛИКІВ

The systemic and long-term impact of global and local challenges deepens the development of crisis phenomena in all spheres of public life and the national economy of Ukraine, covering production, social and labor, financial and other subsystems. Under such conditions, the problem of modeling the system of reducing the business risk losses, which would be oriented towards preventing crisis manifestations in financial and economic activity and painlessly overcoming negative consequences in order to ensure social and economic development, becomes relevant. The purpose of the article is to model the system of economic losses reducing of business in the conditions of permanent of modern global and local challenges. The object of the research is the economic losses reduction of business that arise as a result of global and local challenges. Methods used in the study: methods of scientific knowledge, namely analysis and synthesis, induction, measurement, observation, formalization, logical-analytical techniques, as well as the methodological apparatus of financial analysis and mathematical statistics. The main hypothesis of the study is the researching that the economic losses reduction of business should be based on methods, which will make it possible to correctly identify probable risks and to develop an effective system for overcoming their negative consequences in a timely manner. Presenting main material. The study analyzed the results of global and local challenges to the activities of business in Ukraine, namely social and behavioral restrictions caused by the global outbreak of the COVID-19 pandemic. In order to prevent the negative impact of uncertainty factors, the authors have developed a conceptual approach to modeling the system of economic losses reducing of business in the conditions of modern global and local challenges. The basic stages of building a system of economic losses leveling have been determined, namely: identification of risks of the business' functioning; survival function construction in the conditions of the crisis phenomena spread; evaluation of the risk situation occurrence probability (experience curve); development of a profile of economic losses limitation; construction of Shewhart's control charts; identification of risk areas; development of a profile of the economic entity's response to crisis phenomena (risk leveling). The originality and practical significance of the research lies in the fact that the developed conceptual scheme for modeling the economic loss reduction system can be used and specified in the management of systemic risks, development a profile of responses and a financial restrictions complex of business in the conditions of global and local challenges. Conclusions and prospects for further research: the need to form an individual complex modeling vector of the economic loss leveling system has substantiated. It will enable business to significantly reduce their level in the conditions of permanent global and local challenges in accordance with the methodological tools, the determinants of which should be economic and mathematical methods

Threat model and risk management for a smart home IoT system

The rapid growth and technology development have led to what is known as a smart home. IoT technology play a key role in the development of smart homes as it provides convenience and contribute to the human wellbeing. However, this comes with a price. The incorporation of IoT devices into smart homes and their connection to the Internet have created new security and privacy challenges in terms of the CIA triad (Confidentiality, Integrity, Availability) of the data sensed, collected, and exchanged by the IoT devices. These challenges have opened many security threats which make IoT devices inside smart home insecure and vulnerable to different vector attacks. Thus, it is essential to look at different possible risk factors to create a complete picture of the level of the security of smart homes. In this paper we apply STRIDE (Spoofing, Tampering, Repudiation, Information disclosure, Denial of service and Elevating of privilege) threat model to the smart home IoT devices and identify the potential threats at different layers namely: IoT device layer, communication layer and application layer. Then, a risk rating security threats model DREAD ( D amage potential, R eproducibility, E xploitability, A ffected Users and D iscoverability) is used to assess the threats’ risks. Finally, a risk response for the rated risks and a risk mitigation strategy is presented. The aims of this paper are to understand better the various security threats and provide a security baseline to improve the security of smart home IoT systems.

External Risk Management of Brand Construction of Time-honored Enterprises

At present, with the development of China's market economy and the deepening of internationalization, the time-honored enterprises need to strengthen their own brand construction in order to maintain their competitiveness in the fierce market competition. Scientific brand building can inject new vitality into the time-honored enterprises. However, if the brand building of the enterprise lacks systematic risk management, it will be difficult for the enterprise to achieve the expected business goals and business effects, and even lead to the enterprise bankruptcy crisis. This paper takes the time-honored T traditional Chinese medicine enterprise as an example, and analyzes how to effectively manage the external risks of the time-honored enterprises in the process of brand construction.

Unpacking systemic, cascading, and compound risks: A case based analysis of Asia Pacific

The Sendai Framework for Disaster Risk Reduction aims to reduce disaster risk and loss by prioritizing activities that promote a better understanding of disaster risk. It prioritizes activities such as understanding disaster risk and its dimensions, with a focus on preventing the creation of new risks, reducing existing ones, and preparing for residual risks. The concept of systemic, cascading, and compound risks is becoming increasingly important in disaster risk management. However, there is a lack of understanding about these terms and how they overlap and differ in real-world applications. The COVID-19 pandemic has highlighted the evolving and underlying risk patterns in our interconnected society, making it crucial to bridge this gap.The paper explores the existing literature on systemic, cascading, and compound risks, using a secondary literature review and content analysis. It provides a conceptual overview of the three risks and supports the review with an analysis of 40 case studies in the Asia Pacific region. The analysis focuses on the hazards, underlying vulnerabilities, impacted systems, and the complex interconnections between them. Based on the findings, the authors provide recommendations for the management of systemic, cascading, and compound risks in the future.

Determinants of commercial bank’s non-performing loans in Bangladesh: An empirical evidence

Non-performing loan (NPL) is a red flag, providing signal of jeopardize for a country’s economy. With respect to increase in NPLs, banking sector of Bangladesh has trapped in gridlock. This problem has become an alarming issue for bank’s sustainability. The present study investigates the determinants of commercial bank’s NPLs in Bangladesh. Due to data deficiency, the study collects data from 30 sampled commercial banks in Bangladesh over the period from 2011 to 2020, as during 2011, the total scheduled commercial banks in Bangladesh were 34. The study performs Random Effect Regression Model, Fixed Effect Regression Model, and one step GMM system to get the robust and significant result. The study reports that firm-specific factors like lag of NPLs, loan loss provision to total equity ratio, equity-to-total asset ratio, capital adequacy ratio, net loan to total deposit and borrowing ratio, return on equity, and macroeconomic factors such as inflation, and GDP ratio are the crucial determinants of NPLs in Bangladesh. The study concludes that commercial banks should operate its activities more efficiently and avoid reckless lending along with mandatory capital requirement in order to reduce NPLs and to ensure profit for their shareholders. The analysis of the study would provide insight guidelines regarding bank’s credit risk management procedures and systems to country’s regulatory body in order to design and adopt required prudential regulations in credit policy.

MP06-10 TRANSGENDER PATIENT AND GENDER AFFIRMING CARE PROVIDER PERSPECTIVES ON MISGENDERING IN HEALTHCARE

You have accessJournal of UrologyCME1 Apr 2023MP06-10 TRANSGENDER PATIENT AND GENDER AFFIRMING CARE PROVIDER PERSPECTIVES ON MISGENDERING IN HEALTHCARE Kyle Okamuro, Jill Blumenthal, Alan Card, Tara Cohen, Isabella Dolendo, and Jennifer Anger Kyle OkamuroKyle Okamuro More articles by this author , Jill BlumenthalJill Blumenthal More articles by this author , Alan CardAlan Card More articles by this author , Tara CohenTara Cohen More articles by this author , Isabella DolendoIsabella Dolendo More articles by this author , and Jennifer AngerJennifer Anger More articles by this author View All Author Informationhttps://doi.org/10.1097/JU.0000000000003217.10AboutPDF ToolsAdd to favoritesDownload CitationsTrack CitationsPermissionsReprints ShareFacebookLinked InTwitterEmail Abstract INTRODUCTION AND OBJECTIVE: Misgendering of transgender/gender nonconforming (TGNC) individuals in healthcare settings can lead to worse mental and physical health outcomes, as well as decreased utilization of care, compromising the patient’s overall safety and well-being. While the negative impacts of misgendering are well documented, few studies have investigated the factors that contribute to this phenomenon. This study aimed to identify factors that contribute to the misgendering of TGNC individuals in the healthcare setting. We also identify solutions that future research and system engineering approaches can explore. METHODS: Twenty in-person and Zoom interviews with transgender patients, gender affirming providers, and transgender individuals who had experience both as providers and patients, across the UCSD healthcare system, were conducted. Interviews were conducted one-on-one using an open-ended topical guide and recorded. Audio files were de-identified and transcribed verbatim. Qualitative analysis was performed by two independent study personnel who hand coded the transcripts using Constructivist Grounded Theory qualitative methods. RESULTS: Analysis revealed several preliminary misgendering themes and subthemes that describe various sources, risk factors, modifying factors, as well as implications of misgendering on patient engagement with healthcare (Table 1). Preliminary solution themes included developing systems to provide continual training and feedback to patient-facing staff, provider self-practice, inclusive naming, and resolving issues with the EHR. Additionally, a four-step provider response to misgendering a patient was recommended with the following steps: 1) acknowledge 2) apologize 3) move on 4) take actions to prevent recurrence. CONCLUSIONS: Our data suggest that misgendering is ubiquitous and perpetuated by numerous sources operating at multiple levels within the healthcare system. Any potential solution to reduce this harmful phenomenon will require a multifaceted approach targeting behavioral, technological, and implementation domains. Future research should employ human factors, improvement science, risk management, and biopsychosociotechnical systems approaches. Source of Funding: None © 2023 by American Urological Association Education and Research, Inc.FiguresReferencesRelatedDetails Volume 209Issue Supplement 4April 2023Page: e56 Advertisement Copyright & Permissions© 2023 by American Urological Association Education and Research, Inc.MetricsAuthor Information Kyle Okamuro More articles by this author Jill Blumenthal More articles by this author Alan Card More articles by this author Tara Cohen More articles by this author Isabella Dolendo More articles by this author Jennifer Anger More articles by this author Expand All Advertisement PDF downloadLoading ...

Classification of risks in the risk management system of innovative development of Russian regions

The relevance of this study is due to the fact that risk management is a task assigned to each region of the Russian Federation, which is of particular importance in modern conditions. On the one hand, this is due to the requirements of the global market, where innovation is a recognized tool for improving competitiveness, solving socio-economic problems of society. On the other hand, this is necessary due to the increasing distortions of key indicators of regional innovative development of the country, which requires taking measures to preserve the sustainable development of highly innovative territories and the intensification of laggards, taking into account the sectoral and other specifics of their functioning. The subject of the study is the mechanism of risk management based on the identification and classification of risks and opportunities of the eastern regions of Russia in ensuring effective innovative development. The novelty of the research lies in the fact that the authors present the key directions for improving the risk management mechanism of the innovation space of the regions of Russia, taking into account the differentiation of the regional economic space in the direction of establishing a high-quality and sustainable system of interaction between objects and subjects of the innovation space based on the identified priorities. Due to the fact that risk management of innovative development has been the object of research in domestic dissertations for more than 25 years, the question arose: what risks were identified, and recommendations for their solution were offered by the authors during this period ? How much has the set of analyzed risks and challenges changed (and has it changed) ? How has the content of the approaches and methods of risk management proposed for the activation of innovative development changed ? To answer these questions, more than 60 doctoral dissertations, defended over the past 25 years, devoted to risk management of innovative processes in the regions, were analyzed.

Determinants of Enterprise Risk Management: Empirical Evidence From Greater Bay Area of China

The problem of the enterprise risk management in the Guangdong-Hong Kong-Macao Greater Bay Area has become increasingly serious, especially in the face of the economic recession in the post-epidemic era and enterprises are constantly seeking a way out for sustainable development. Enterprise risk management is particularly important for this emerging Bay Area. On the basis of predecessors, this study empirically analyses the enterprise risk management of 708 listed companies in China's GBA. Through data processing and literature search, this paper focuses on the influence of the drive for executive support, research and development expenditure and knowledge integration capability of employees on ERM. In factor analysis, the principal component factor is used to reduce the dimension of many factors, and then regression analysis is used to model and analyse the relationship between variables. Through the use of SPSS analysis software, combined with factor analysis and regression analysis, it can be concluded that there is a positive correlation between enterprise risk management and the three influencing factors, which have a significant impact on ERM. Therefore, the attitude of senior executives to actively support and explore ERM, the experience and education of employees, and the expenditure of enterprise research and development expenses are all the exposure of enterprise risk. In order to keep the sum of exposure within the sustainable risk appetite of the enterprise, it is important to pay attention to the trends and strategic plans of these indicators. It is hoped that this will provide value for enterprises to continuously improve their own risk management system.

An Overview on Decision Support Systems for Risk Management in Emergency Conditions: Present, Past and Future Trends

An Overview on Decision Support Systems for Risk Management in Emergency Conditions: Present, Past and Future Trends