Effective stakeholder involvement requires a common understanding of the risk concept

Fjæran, Lisbet; Aven, Terje

doi:10.3850/978-981-11-2724-3_0039-cd

Cited by 4 publications

(1 citation statement)

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“…One of the most prominent risks facing the insurance sector in Jordan is the operational risks, which affect greatly the company internal operations and represent a clear challenge to it. The reputational risk is also one of the most prominent types of risks that affect the market value of companies and expose the price of their shares and the rights of their owners to decline or loss in some cases (Fjaeran & Aven, 2019).…”

Section: Third: the Risksmentioning

confidence: 99%

impact of ESG strategies integration on the operational and reputational risks

Al-Qaruty¹,

Alhorani²,

Dabbaghia³

et al. 2022

ijhs

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This study aimed to demonstrate the impact of strategies integration of environmental, social and corporate governance strategies (ESG) on operational and reputational risks: a literature review for insurance companies listed on the Amman Stock Exchange. where the study population consisted of 22 Jordanian insurance companies, while the sample consisted of 8 companies, and one was excluded due to the lack of data, and based on the descriptive analytical approach, the study reviewed many previous studies related to its subject, and using the method of content analysis for annual reports and disclosures issued by Major insurance companies during the period 2020-2021, where a survey list was designed to measure the extent of the research companies' commitment to environmental, social and corporate governance strategies. The study concluded with many results, perhaps the most prominent of which is the presence of disclosure about social responsibility activities in the annual reports, and that all companies focused in their activities on providing donations and support to the local community and supporting education and health issues during the Covid pandemic period,,,

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Section: Third: the Risksmentioning

confidence: 99%

impact of ESG strategies integration on the operational and reputational risks

Al-Qaruty¹,

Alhorani²,

Dabbaghia³

et al. 2022

ijhs

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Creating conditions for critical trust – How an uncertainty-based risk perspective relates to dimensions and types of trust

Fjæran

Aven

2021

Safety Science

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Highlights The paper discusses how different risk perspectives relate to types of trust. The paper highlights the importance of the scepticism dimension of trust. It provides new insights about the role of the risk assessor in this context. The analysis is based on the Social Amplification of Risk Framework. A case related to the use of a feed additive is used to illustrate the discussion.

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Assessment of Risks of Corporate and Financial Security of the Region (on the Example of the Komi Republic)

KYZYUROV

2021

Problemy analiza riska

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The article presents the author’s approach to assessing the risks of corporate and financial security of the region. The purpose of the article is to develop, substantiate and test the author’s approach to assessing and measuring risks of corporate and financial security at the meso-level. The research used methods such as indicative method, comparison method, analysis, synthesis. The paper analyzes conceptual approaches to the concept of security risk, examines the distinctive characteristics of the definition of “risk” from the concepts of “threat” and “danger”. Further, the author examines the issue of the list of main risks in the field of corporate financial security, as a result of which a risk system is proposed that includes 7 main risks, which are assessed using a methodology based on the synthesis of an indicative approach and a minimax method using a normalizing function and a 100-point scale. For each of the risks, indicators are selected, and their threshold values are justified, which are used for comparison with the actual values of indicators, on the basis of which the level of risk is measured. Approbation of the approach proposed in the article was carried out on the example of the Komi Republic. As a result of the risk diagnostics, significant risks of the corporate and financial security of the region were identified, and some recommendations were proposed for solving the problem of improving the conditions for doing business in the region. The obtained results of the work can be used by public authorities in solving the problems of public administration and monitoring the risks of the corporate and financial security of the region.

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Effective stakeholder involvement requires a common understanding of the risk concept

Cited by 4 publications

References 0 publications

impact of ESG strategies integration on the operational and reputational risks

impact of ESG strategies integration on the operational and reputational risks

Creating conditions for critical trust – How an uncertainty-based risk perspective relates to dimensions and types of trust

Assessment of Risks of Corporate and Financial Security of the Region (on the Example of the Komi Republic)

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