Strategic Change in Enterprise Risk Management

Agarwal, Ruchi; Ansell, Jake

doi:10.1002/jsc.2072

Cited by 35 publications

(22 citation statements)

References 27 publications

(33 reference statements)

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“…Obviously, each organisation experiences different risks depending on its nature. In today's changing environment, the success of each firm is basically the ability to control its risks and management type (Agarwal & Ansell, 2016).…”

Section: Resultsmentioning

confidence: 99%

Risk Taking of Life Insurance Companies from the Perspective of Senior Managers and Experts

Rasoulian

Ghannadi

Nojoomi

2018

Baltic Journal of Real Estate Economics and Construction Management

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In the contemporary world, the insurance industry is considered one of the crucial factors of the development and progress of countries, and the insurance condition is an indicator of this phenomenon. The aim of the study is to assess risk taking of insurance companies from the perspective of senior managers and experts. The methods of research are questionnaire and interview with experts and senior managers of life insurance of active insurance companies in the city of Tehran using random sampling. In the present study, among 60 senior managers and experts, descriptive statistics in the field of demography such as gender, background, and educational level of respondents have been studied, and then they have been asked for the confirmation and rejection of statistical assumptions in the form of known criteria and opinions of experts and decision-makers. To prioritise the factors from the hierarchical analysis process for factor ranking, the results have indicated that inflation, governmental policies and lack of expertise are the major factors affecting risk taking in the industry of life insurance.

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Section: Resultsmentioning

confidence: 99%

Risk Taking of Life Insurance Companies from the Perspective of Senior Managers and Experts

Rasoulian

Ghannadi

Nojoomi

2018

Baltic Journal of Real Estate Economics and Construction Management

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“…In particular, growth is not rarely associated with high risks, which are, sometimes, deliberate and not just necessary for development (e.g. Kaplan & Mikes, 2012;Agarwal & Ansell, 2016). In this regard, for example, we can mention: a) growth processes which are not rationally planned, i.e.…”

Section: The Role Of Riskmentioning

confidence: 99%

Reviewing Corporate Crises: A Strategic Management Perspective

Abatecola¹

2019

IJBM

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How can be crises classified? What does the term “corporate crisis” mean? Corporate crises have always been a topic of tremendous interest for both the research in and practice of strategic management at an international level. Attention has been given to elaborating appropriate interpretative conceptualizations, together with implementing effective and efficient predicting and countervailing models. To date, scholars have seemingly reached consensus as to the meaning of crises. Conversely, identifying determinants and temporal dynamics still seems to be a lively question to address. This is why in this article we critically review the state of the art on the topic, from which we derive some important implications for the present and future research and practice in the strategic management field.

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“…In today's changing environment, the success of each firm is basically the ability to control its risks and management type. 7 Time risk management implies that conditions are likely to suffer losses and uncertainties. Present kind of management includes a wide range of areas that include financial, operational, commercial, strategic, and wider areas of risk incidents.…”

Section: Figurementioning

confidence: 99%

Study of factors affecting the risk-taking of Tehran’s active insurance companies in 2017

Nojoomi

Ghannadi

Rajabi-Vardanjani

et al. 2018

MOJCRR

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The insurance industry is considered as one of the crucial factors for the development and progress of countries, and insurance condition is an indicator of this phenomenon. In the present study, among 60 senior managers and experts, descriptive statistics in the field of demography such as gender, background, and educational level of respondents were studied, and next they were asked for the confirmation and rejection of statistical assumptions in the form of known criteria and opinions of experts and decision-makers. In the statistical sample, the results demonstrated that all seven criteria including equality of competition between provider organizations (40/60, p=0.0021), sales expertise in serving the service (46/60, p=0.0011), variety of services provided (54/60, p<0.001), informing people about the diversity of current services (lack of appropriate advertising) (43/60, p=0.0019), prices variations of organizations to attract customers (58/60, p<0.001), government policy and lack of inflation in the community (60/60, p<0.0001) were significantly effective in risk taking of life insurance. In order to prioritize the factors from the hierarchical analysis process for factor ranking, the results indicated that inflation, governmental policies and lack of expertise were the major factors impacting on risk taking in the industry of life insurance.

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Strategic Change in Enterprise Risk Management

Abstract: Four emerging strategies of enterprise risk management (ERM) – ‘Rudimentary,’ ‘Anticipatory,’ ‘Resilient,’ and ‘Transformation’ – are identified based on strategic change of ERM.

Cited by 35 publications

References 27 publications

Risk Taking of Life Insurance Companies from the Perspective of Senior Managers and Experts

Risk Taking of Life Insurance Companies from the Perspective of Senior Managers and Experts

Reviewing Corporate Crises: A Strategic Management Perspective

Study of factors affecting the risk-taking of Tehran’s active insurance companies in 2017

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