Safety and risk management of Chinese enterprises in Gabon's mining industry

Nguembi, Ines Pamela; Yang, Li; Appiah, Vincentia Serwah

doi:10.1016/j.heliyon.2023.e20721

Cited by 2 publications

(4 citation statements)

References 25 publications

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“…Features of the proposed risk management based on hedging tools, in contrast to study [1], are grouped risks of the metallurgical industry by nature of origin and the possibility of control and management. We have substantiated the possibility of managing risks with the help of a risk map, which is individual for each business entity depending on the market situation and other factors.…”

Section: Discussion Of Results Of Investigating Risk Management Of En...mentioning

confidence: 99%

“…We have substantiated the possibility of managing risks with the help of a risk map, which is individual for each business entity depending on the market situation and other factors. Also, in contrast to [1], a risk-hedging model is proposed.…”

Section: Discussion Of Results Of Investigating Risk Management Of En...mentioning

confidence: 99%

“…The authors of [1] categorically structured the risks in the mining industry. Thus, the group of operational risks, according to the researchers' conclusions, consists of organizational, project, production, and technical risks.…”

Section: Literature Review and Problem Statementmentioning

confidence: 99%

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Risk management based on hedging tools in an export-oriented economy

Prokhorova,

Abernikhina,

Mushnykova

et al. 2024

EEJET

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The object of this study is the process of risk management at enterprises in the metallurgical industry as a subject of foreign economic activity. Under the conditions of an export-oriented economy, it is important to have tools for early response to crises and challenges caused by various factors. Volatility of the market and global and domestic prices for key products and raw materials add uncertainty and encourage management to look for tools to protect their financial income. The construction of a risk map and the use of mathematical tools for forecasting and minimizing the negative consequences of the occurrence of risky events could contribute to making optimal management decisions in operational activities and in the pricing process. Interpretation of the risk management cycle for the needs of enterprises in the metallurgical industry will make it possible to adequately identify the risks inherent in the industry and devise measures for flexible response to crises and challenges. In the course of the study, it was found out that exporting companies need protection, first of all, against price risk, which increases significantly under the conditions of inflation and due to jumps in the consumer price index in a particular country. It is suggested to use hedging as a protection tool. Determining the perimeter of risk hedging by means of a risk-oriented selection of indicators (external and internal, commercial, and non-commercial risks) depending on a certain market situation will make it possible to establish a correlation between key influencing factors. The implementation of the risk-hedging cycle in the practice of the enterprises in the metallurgical industry will make it possible to ensure flexible management of the pricing procedure for metal products both in the domestic market and during foreign trade

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Section: Discussion Of Results Of Investigating Risk Management Of En...mentioning

confidence: 99%

Section: Discussion Of Results Of Investigating Risk Management Of En...mentioning

confidence: 99%

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Risk management based on hedging tools in an export-oriented economy

Prokhorova,

Abernikhina,

Mushnykova

et al. 2024

EEJET

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show abstract

“…Financial reports are needed to measure business results and company development over time and assess the extent to which the company achieves its goals. Published financial report information is important for investors to assess whether the company is good in its financial management (Neilson, 2023;Nguembi et al, 2023;Vu & Asongu, 2023).…”

Section: Introductionmentioning

confidence: 99%

Implementation of PSAK 73: Study of Financial Ratios of PT Aneka Tambang, Tbk

Suryanti

2023

IJSSR

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This research aims to analyze changes in PSAK regarding rent, which affects financial performance at PT Aneka Tambang Tbk. Implementing PSAK 73 requires lessees to classify operating leases into finance leases except for short-term leases and assets with a low basis. Lessees with future operating lease commitments must capitalize the lease assets and liabilities. Lease capitalization causes assets and liabilities to increase and equity to decrease in the statement of financial position while net profit in the comprehensive income statement increases. This is because the expenses that arise from the capitalization of rent, namely depreciation and interest expenses, are smaller than the rent expenses written off. The quantitative descriptive research uses secondary data sources in the form of PT Aneka Tambang Tbk's financial reports in 2019 before changes to the PSAK Lease and in 2020 after changes to PSAK. The research results show that changes to PSAK impact the company's financial performance as assessed by financial ratios.

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Safety and risk management of Chinese enterprises in Gabon's mining industry

Cited by 2 publications

References 25 publications

Risk management based on hedging tools in an export-oriented economy

Risk management based on hedging tools in an export-oriented economy

Implementation of PSAK 73: Study of Financial Ratios of PT Aneka Tambang, Tbk

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