Hasil untuk "Risk in industry. Risk management"

L. Fleisher, K. Fleischmann, A. Auerbach et al.

Anne L. Beatty, Scott Liao

P. Trkman, Kevin McCormack

Thushar Madhusudhan, Chinmoy Kumar

Abstract Non-Banking Financial Companies (NBFCs) form one of the important contributors to the financial system in India in terms of enhancing access to credit and financial inclusion. Despite its growing significance, academic literature on Indian NBFC is not concentrated and lacks one synthesis of literature trends, thematic focus, and literature gaps. This study bridges this critical gap with a comprehensive multi-method review plan, integrating the PRISMA-formatted systematic literature review, bibliometric analysis, and thematic analysis. PRISMA method was used to select, screen, and evaluate peer-reviewed articles published between 2000 and 2024 to achieve transparency and reproducibility. Bibliometric analysis, facilitated by VOSviewer, brings out seminal authors, essential journals, citations, and dynamic networks of research. Thematic analysis of the existing data shows the common themes of digital transformation, risk management, financial inclusion, regulatory compliance, and customer-oriented innovation. Findings show that there is an unequal consideration on both operational and regulatory efficiency, whereas other areas such as ESG integration, AI-driven risk analytics, and ethical implications of digital lending are yet to be exploited. Based on this review, an effective conceptual foundation of the research and policy making to follow offers interdisciplinary research and more investigation in new technologies and socioeconomic implications of the Indian NBFC industry.

Rakesh D. Raut, B. Narkhede, Bhaskar B. Gardas

R. Boisjoly, Thomas E. Conine, Michael B. McDonald

Abstract This paper examines the longitudinal impact from 1990 to 2017 of continuous improvement programs and aggressive working capital practices on accounts receivable turnover, inventory turnover, days payables outstanding, and cash conversion cycle. We find statistically significant shifts in the means and in the skew for these variables consistent with stricter financial management and less risk taking in trade credit. The results are strongest in the transportation and communications industry and weakest in financial services. These metrics are associated with equity valuation impacts and with improved profitability as captured by return on invested capital.

Xiangyun Guo, Xu Zhang, Xinxin Yin et al.

On 18 December 2023, an MW 6.1 earthquake struck Jishishan County, China, and occurred on a blind thrust fault at the northeastern edge of the Tibetan Plateau. We investigate the source characteristics of this earthquake sequence using both seismic and geodetic data. The focal mechanisms of ML ≥ 2.0 events in this earthquake sequence are determined using P wave first-motion polarity and S/P amplitude ratio data, suggesting predominant thrust motion with some strike-slip motion of the seismogenic fault. We perform kinematic finite-fault joint inversion for the mainshock using seismic and geodetic observations. This analysis reveals that the mainshock ruptured a major asperity and exhibited an asymmetric bilateral rupture pattern. The main rupture length and duration are approximately 15 km and 6.7 s, respectively. Stress field inversion results show a compressional stress regime in the source area. Through a comparative analysis of the spatial distributions of field-investigated intensity and peak ground velocity derived from strong ground motion simulations, we conclude that the severe casualties resulting from this moderate-sized earthquake were attributed not only to its night-time occurrence and the poor seismic resistance of some buildings, but also to key source rupture effects such as slip heterogeneity and rupture directivity.

Mohammad Ali Ibrahim Al Khasabah, Qais Hammouri, Nawras M. Nusairat et al.

This study investigates the impact of risk management and agile methodology on the success of cybersecurity projects, emphasizing the mediating role of team collaboration within the financial sector. Based on a sample of 229 professionals, including IT specialists, project managers, and risk officers, data was collected using a structured survey instrument and analyzed through Structural Equation Modeling (SEM) using SmartPLS. The results confirm that both risk management and agile methodology have direct positive effects on cybersecurity project success. Additionally, both factors significantly enhance team collaboration, which in turn positively influences project outcomes, thereby confirming its mediating role in the relationship between these variables and cybersecurity project success. All proposed hypotheses were supported. The findings highlight the crucial interplay between management practices and team dynamics in ensuring project success. The findings also provide valuable theoretical insights and practical implications for enhancing cybersecurity initiatives in the financial industry.

Weixin Wu, Xiang Gao, Junfeng Gao et al.

Background: Porcine reproductive and respiratory syndrome virus (PRRSV) causes significant economic losses for the global swine industry. Gilt immunization using modified live virus (MLV) vaccines is crucial for herd stability, but it is complicated by frequent mixed infections of PRRSV strains on farm. This study monitored the administration of tylvalosin during a PRRSV-2 MLV (TJM) immunization program, focusing on viral dynamics and immune responses in gilts naturally exposed to co-circulating classical (GD240101) and highly pathogenic like (HP-PRRSV-like, GD240102) PRRSV strains. Methods: The animal study was approved by the Laboratory Animal Ethical Committee of China Agricultural University. One hundred gilts were randomized into control and tylvalosin groups (<i>n</i> = 50/group). All received the TJM MLV vaccination. The tylvalosin group received tylvalosin tartrate premix cyclically in-feed for three cycles. Serum and saliva samples were collected periodically. PRRSV RNA (RT-qPCR) and specific antibodies (ELISA) were assessed. Viral population dynamics (relative abundance, mutation, recombination of TJM, GD240101, and GD240102) were monitored via next-generation sequencing (NGS) on a pooled PRRSV-positive sample. Results: In this field trial where tylvalosin was used, a shorter duration of PRRSV viremia and saliva shedding was observed to compare with controls. NGS analysis showed accelerated vaccine strain (TJM) clearance in the tylvalosin group (by week 3 vs. week 9 in control). Field strain dynamics were also altered, showing a faster decline in the tylvalosin group. Antibody response uniformity was altered, with lower coefficient of variation (CV) for PRRSV and CSFV observed following tylvalosin usage. Conclusions: In gilts receiving tylvalosin for the management of bacterial pathogens during a PRRSV MLV immunization program, it was associated with accelerated viral clearance and enhanced systemic immune response uniformity under mixed-infection field conditions. NGS provides invaluable data for dissecting these complex viral dynamics. Crucially, these findings describe a biological drug–host–virus interaction and should not be interpreted as an endorsement for the prophylactic use of antimicrobials. In alignment with global antimicrobial stewardship principles, tylvalosin should be reserved for the therapeutic treatment of diagnosed bacterial diseases to mitigate the risk of promoting resistance.

Liu Boran

Under the background of dramatic fluctuations in raw material prices, corn deep-processing enterprises face systematic profitability challenges. This paper takes leading enterprise COFCO Science and Technology as the research object, and analyses its path of cost reduction and efficiency enhancement through case study method. The study found that the company through the procurement, production, sales of the whole industry chain linkage optimisation cost structure, the use of raw material diversification and hedging hedge against price risk, and relying on technological innovation to promote the upgrading of high-value-added products, the success of the company from the ‘price of the passive acceptor’ transition to ‘industry standard dominator’. It has successfully transformed from a ‘passive price acceptor’ to a ‘dominant industry standard’. Its gross profit margin stability is significantly better than the industry level, which verifies the effectiveness of the multi-dimensional strategy. At the theoretical level, the study reveals the synergistic effect of strategic cost awareness and technological innovation, and expands the cost management framework of commodity enterprises; at the practical level, the study provides references for similar enterprises to build a systematic risk defence mechanism and optimise policies, so as to promote the industry’s transformation to high-quality development.

Larysa Obolentseva, Maksym Tonkoshkur, Anna Sokolenko

The article examines the theoretical and practical aspects of managing geopolitical risks faced by enterprises in the tourism and hospitality industry in Ukraine. The risks have intensified due to ongoing political instability, armed conflict, and economic disruptions, posing significant challenges to the sustainable development of these sectors. The purpose of the present study is to identify effective strategies and tools for mitigating the impact of geopolitical risks on the functioning and development of enterprises in the tourism and hospitality industry. The objectives of the research are threefold: firstly, to explore the key geopolitical threats affecting the tourism and hospitality sectors in Ukraine; secondly, to analyse the existing management practices for addressing such risks; and thirdly, to propose a framework for enhancing resilience and ensuring sustainable development in the face of geopolitical challenges. The research also evaluates the influence of geopolitical risks on customer behaviour, investment attractiveness, and international partnerships, which are crucial for the recovery and growth of these sectors. The methodological basis of the paper is a systematic approach, combining qualitative and quantitative methods, including case studies, expert interviews, and statistical analysis, to comprehensively assess the nature and consequences of geopolitical risks and develop strategies for their management. The study emphasises that geopolitical instability, encompassing military conflicts, sanctions, and shifts in international relations, exerts a substantial influence on the economic performance and operational stability of enterprises. The research suggests that enterprises can adapt to changing conditions by adopting innovative risk management practices, such as scenario planning, diversification of markets, and digitalization of services. The proposal of effective approaches includes the integration of adaptive strategies, the use of global best practices, and the strengthening of international co-operation. Moreover, the study emphasises the significance of collaboration between the public and private sectors in implementing national-level risk management programmes. It is concluded that the development of a comprehensive framework for managing geopolitical risks, tailored to the needs of the tourism and hospitality industry, is essential to enhance their competitiveness and attractiveness in the global market. The overarching structure should comprise explicit guidelines for risk assessment, crisis management, and recovery planning, thereby ensuring the long-term sustainability of the industry. The findings contribute to the theoretical and practical understanding of geopolitical risk management and provide actionable recommendations for policymakers, business leaders, and researchers.

Pavol Durana, Lucia Michalkova, Andrej Přívara et al.

Research background: Deteriorating economic conditions and a negative outlook increase the pressure on financial management and the need to show high financial performance. According to Positive Accounting Theory, the growing risk of bankruptcy is associated with the phenomenon of earnings management. Bankruptcy risk and the quality of reported profits, along with other aspects of financial performance, vary throughout the company's life cycle. Nevertheless, these factors or their interactions are investigated only to a very small extent. Purpose of the article: The aim of this study is to clarify the impact of corporate life cycle and bankruptcy on earnings management, in order to describe behaviour of companies at different stages of corporate life cycle. Methods: A hierarchical mixed model with a random time and industry effect was chosen as appropriate because it allows the investigation of multilevel data that is not independent. The sample covers the financial indicators of more than 33,000 Central European companies from 2015?2019. The non-sequential Dickinson model, company age, and three models of accrual earnings management were used as proxies for the company's life cycle and quality of reported profit. Findings & value added: Earnings management and bankruptcy risk have a U-shape, indicating that financially distressed firms reduce reported accounting profit at the Introduction, Decline and, to a lesser extent, at the Growth stage. Slovak and Czech companies manipulate profits to a similar extent, Hungarian companies increase accounting profit to a greatest extent than the surveyed countries by controlling bankruptcy ? life cycle effect; however, the variability of accounting manipulations across industries has not been demonstrated. These findings imply that start-ups and declining businesses provide crooked financial statements to obtain more favourable debt covenants, and estimating discretionary accruals using life-cycle subsamples can improve the predictive power of accrual earnings management models.

Andree Wijaya Setiawan, Asista Fatma Kusuma

Sri Lankan Cassava Mosaic Virus (SLCMV) has emerged as a significant threat to cassava production in Southeast Asia since its initial detection in Cambodia in 2015, with recent outbreaks in Vietnam and Thailand and its first detection in Australia in 2024. This viral disease, transmitted by the whitefly Bemisia tabaci and infected planting materials, poses a substantial risk to Indonesia's cassava industry. Studies from affected countries demonstrate yield losses of 16-33% and starch content reductions of 22-38% in infected plants. This review analyzes SLCMV's current status and potential impacts on Indonesian cassava production and proposes management strategies based on regional experiences. We identify critical risk factors, including widespread vector presence and informal planting material exchange networks. Recommended preventive measures include strengthening quarantine systems, implementing enhanced surveillance programs, developing rapid diagnostic capabilities, and establishing clean seed certification systems. Our findings emphasize the urgent need for coordinated action to protect Indonesia's cassava industry from this emerging pathogen.

A. Pinto, I. Nunes, R. Ribeiro

Xianbo Zhao, B. Hwang, Yan Gao

Sophie Bishop

This article explores algorithmic influencer management tools, designed to support marketers in selecting influencers for advertising campaigns, based on categorizations such as brand suitability, “brand friendliness,” and “brand risk.” I argue that, by approximating these values, tools reify existing social inequalities in influencer industries, particularly along the lines of sexuality, class, and race. They also deepen surveillance of influencer content by brand stakeholders, who are concerned that influencers will err and be “cancelled” (risking their investments in content). My critical framework synthesizes feminist critiques of ostensibly participatory influencer industries with close attention to critical algorithmic studies. This article provides an in-depth look at how brand risk and brand safety are predicted and measured using one tool, Peg. Through a “walk through” of this tool, underpinned by a wider industry ethnography, I demonstrate how value-laded algorithmic judgments map onto well-worn hierarchies of desirability and employability that originate from systemic bias along the lines of class, race, and gender.

Rahul S. Shelar, Sachin B. Nandgude, Chaitanya B. Pande et al.

AbstractGroundwater resource problems are increasing development and planning challenges due to climate change and overexploitation, necessitating assessments of their potential and productivity. The study area has been facing a groundwater level decline problem for many years, and these results can help increase the groundwater level in the basaltic rock area. In this research, we have worked on the demarcation and suitability of groundwater potential zones using GIS and Analytical Hierarchical Process (AHP) methods for the Urmodi River Basin. This research prepared eight thematic maps, that is, geomorphology, geology, drainage density, land use/land cover, elevation, lineament density and slope from satellite data and GIS methods, which play a primary factor in determining the proper groundwater potential zones. In this study, every thematic map was allocated weights depending on its specific characteristics and contribution to the groundwater potential capacity. The weights were determined using the AHP method, which considers the comparative significance of every layer about others. This weighting procedure allowed for a comprehensive assessment of the factors influencing groundwater potential in the Urmodi River basin. The resulting groundwater potential map was divided into four classes, that is, good, excellent, moderate, and poor. The study revealed that approximately 22.69% of the basin had excellent groundwater potential, 28.96% had good potential, 25.32% had moderate potential, and 22.92% had poor potential. These study findings suggest that a significant portion of the Urmodi River Basin exhibits good to moderate groundwater potential, indicating promising opportunities for sustainable groundwater utilization in the region. The groundwater potential zone map accuracy is 84% based on the Receiver Operating Characteristic (ROC) method. These results can have implications for sustainable groundwater resources and provide a framework for conducting similar assessments in other regions. The results can be more important for sustainable development goals and helpful in increasing groundwater levels in the area.

Jianping Li, Yuyao Feng, Guowen Li et al.

Tourism is a risk-prone industry. But most studies focus on tourist risk perception while ignoring company risk exposure. As service providers, the companies play an important role in tourism activities, and systematically identifying the risks they face is vital to the development of the tourism industry. This paper attempts to identify tourism companies' risk exposures based on textual risk disclosure of financial statements. Using 51,008 risk headings of 255 public companies, we adopt Sentence-Latent Dirichlet Allocation (Sent-LDA) method to discover 30 risk exposures of the tourism industry. Further, we discuss the universality and industry representativeness of these risk exposures, as well as risk differences between different sub-industries and years. Findings can help stakeholders develop reasonable and timely risk management strategies.

Hossein Khazaei, Farshad Faezy Razi, Younos Vakil Alroaia

Aim and Introduction: The world economy has experienced a huge transformation during the last three decades, partly due to the advancement of information and communication technology. In particular, during the last two decades, the banking industry has invested significant resources in the use of information technologies. In response to privatization, the growth of global networks and the increase in income levels, the banking industry has used new technologies based on the provision of services, which is called electronic banking, and its purpose is to achieve and maintain strategic advantages. Electronic banking includes systems that enable financial institutions, customers, individuals or businesses to access accounts, transact business or obtain information about financial products and services from public or private electronic networks, including benefit from the Internet.. In this situation, with the emergence and development of Internet technologies, companies and banks are adopting e-commerce technologies to increase productivity and quality, reduce operational costs, and respond faster to the needs of customers and business partners. As a result, the adoption and efficient use of e-commerce technologies has become the main concern of managers .Methodology: Financial technology (Fintech) or in simpler terms the innovative use of technology in providing financial services is one of the most important innovations of the financial industry that tries to bring innovation to the field of financial services by using modern technology and this is due Sharing economy is the desirable behavioral rules of information. With the presence of the new generation of customers and their changing taste in using financial services, Fintech promises to transform the financial industry of the 20th century by eliminating additional costs, increasing the quality of financial services and drawing diverse and sustainable perspectives. pay one The development of information technology and infrastructures, big data analysis, and mobile devices have led to the disintermediation of traditional financial companies by fintech startups, which is due to personalization, individualization, and positioning. Financial services are provided by fintechs. Fintech startups have distinguished themselves from traditional financial institutions by personalizing services and services, solutions derived from data, innovative culture and agility in providing customer service, lower rates and fees, and access to diverse services. have done that through mobile phone, cloud data and cloud computing and change in past work methods and restrictive structures can be achieved.Findings: In our country, doing things quickly and not wasting time is considered as the most important element of success in the competition of banks, and customers as the main determinant of this competition, there is a great value for technology and speed, and in the next degree, the technical expertise of banks. it is necessary to explain bank services, especially electronic banking services, and customers have the right to know the services of banks through public media. Therefore, for efficiency, banks need to obtain sufficient information from the customer, understand their interests and desires, and develop relationships with them. In Iran, despite the importance of electronic banking services, a number of customers still prefer to spend time in long bank lines to pay for water, electricity, telephone, etc. or transfer from one account to another. Accordingly, accepting electronic banking in our country is a complex issue. Today, due to the advances in information technology and the impact of this technology on various aspects of life and the emergence of the digital age, change in various fields has become inevitable, and in case of incompatibility of organizations with these changes and innovations, the ineffectiveness of organizations is more than It will be evident . The application of new technologies in the field of financial services creates many opportunities, including many job opportunities for the generation of the third millennium. Fintech companies can take banks out of the traditional structure and speed up the development of the service and product process by improving the digital banking experience and help with the rapid changes in the field of technology, lending process, risk management, etc. Also, various types of technologies such as mobile sales terminals, tablet-based sales terminals, online commerce and companies that are transforming this space and making business easier and cheaper for all parties, double the growth in this field. And in the near future we will witness the complete replacement of wallets with cash and plastic cards. Based on this and considering the importance of accepting new banking financial services, the current research has been conducted with the aim of providing a model of acceptance of Fintech products and services by the customers of the country's banks.Discussion and conclusion: Nowadays, the use of Fintech or innovative application of technology in providing financial services has become an integral part of the banking industry, and banks' cooperation with Fintech startups to transition to digital banking is no longer a choice, but a necessity. The model of acceptance of new financial technologies is presented. In the qualitative section, 77 sub-categories, 16 main categories and 10 final documents were obtained by interviewing theoretical and experimental experts by content analysis method. Then, the conceptual model of the research was designed to enter the quantitative and modeling part. In the quantitative part, using the categories identified in the conceptual model and based on the questionnaire, the model of acceptance of Finatech products and services by the customers of the country's banks was presented by structural equations (PLS). The statistical population in a small part includes the customers of banks and financial institutions that due to the unlimited statistical population, 384 people were selected as a statistical sample by Cochran's formula. The results of structural equation modeling showed that the independent variables of awareness, perceived security, efficiency, convenience and comparative advantage have a positive effect and a negative effect on attitudes toward finitech products and services. Age and experience in relation to independent variables have a positive moderating effect on attitudes toward Fintech products and services. It can be said that attitude has acted as a mediator in the relationship between independent and dependent variables.

Dou Xiaohan, Pan Ye, Wang Lachun et al.

[Objective] The water quality and health hazards regarding heavy metals in drinking water sources in rich ore karst areas were studied in order to improve environmental control measures of water sources, thereby providing a theoretical basis for local drinking water health risk management and a reference for controlling and preventing accumulations of heavy metals in water. [Methods] Drinking water sources in Bijiang District, Tongren City, Guizhou Province were taken as an example. Conventional water quality indicators and the content of heavy metals (Fe, Mn, Cu, Zn, As, and Pb) were monitored from January 2018 to June 2020. In addition, a water quality fuzzy evaluation was carried out by using the relative membership degree and grade eigenvalue, and the single entropy weight method with the clustering weight method. The content characteristics of heavy metals and health risks in wet and dry seasons were evaluated by using the health risk assessment model recommended by the U.S. EPA. [Results] Water quality of drinking water source areas had reached class Ⅲ of improved fuzzy synthetic evaluation. The main excess factors were total nitrogen and total coliforms. The maximum values of Fe and Pb in the surface water sources had exceeded the class Ⅲ water standards. Fe, Zn, and Pb mainly came from mining and industry, Mn and As mainly came from agriculture, and Cu mainly came from agriculture and traffic pollution. [Conclusion] The water quality evaluation results based on the combined weight and optimization of fuzzy synthetic evaluation were more credible and reasonable than the conventional model with a single weight. The carcinogenic heavy metal As was the main element causing health risks. Children are more susceptible to heavy metal hazards than adults. It is necessary to strengthen control and governance of health risks from heavy metals.