Top Research Papers on Risk Management

Abstract Research Summary We estimate firm‐level physical risk from climate change based on managerial evaluation and firms' exposure to climate hazard events and find that climate risk results in unfavorable corporate financing terms related to bank loans (higher interest paid, higher likelihood of being required to collateralize the loan, and greater number of covenant constraints). Firms that take measures aimed at managing climate risk, including corporate climate strategy, board‐level governance, specific or integrated process to cope with climate change, climate opportunities, and climat...

Sustainability practices in a working environment represent superior quality performances, while risks remain to be a challenge. Our study’s primary purpose is to deploy the bibliometric method to analyze the related literature. Bibliometric parameters analyzed using the VOSviewer software were employed to identify citations relevant to sustainability and risk contexts’ critical themes. From 1990–2020, a reflection of 1233 documents appeared in Scopus on sustainability practices and risk management. We searched the current papers, authors, institutes, and keywords on VOSviewer. The bibliometri...

Abstract Sustainable improvement is related to several key variables that count as solid and secure positions. Currently, the group of hazardous substances and inappropriate soils has created one of the most important issues of insecurity against masculinity. Consequently, unsafe substances and hazardous products have been unusually monitored by various countries. Although the safe evacuation of hazardous wastes has consistently remained an issue, the increase in collections and overall estimates of the oppressive situation created in inapplicable periods and the progress of our data and think...

Abstract Research Summary We introduce an innovative method of identifying the risk‐management benefit of corporate social responsibility (CSR). Option‐implied volatility captures the financial markets' expectations of a firm's future risk, so if CSR is related to risk‐management benefits, it should be related to lower implied volatility. We find that CSR is associated with low implied volatility and that CSR's insurance benefit is larger for firms that have high leverage, growth opportunities, or uncertainty. However, CSR as an insurance mechanism is less beneficial to firms that are already ...

This paper evaluates the effect of Enterprise Risk Management (ERM) on the performance and the financial stability of a sample of non-financial Spanish listed companies. The information about ERM is taken from the annual reports, management reports and annual corporate governance reports disseminated over four years (2012-2015). The data on performance and financial stability have been obtained through the SABI (Iberian Balance Sheet Analysis System) and Morningstar Direct. The results obtained show that the adoption of ERM is not associated with a change in the performance of Spanish companie...

The Government of Bangladesh has been successful in reducing death rates from tropical cyclones . However, in recent years, landslides have been a significant hazard, especially in the south-eastern part of Bangladesh. For example, the landslides of 2017 killed 110 people in Rangamati district. These deaths have raised an important question: whether district disaster risk governance at the local level is effective enough to mitigate the impact of landslide disasters? Based on literature review, nine good characteristics of disaster risk governance were selected (accountability, participation, ...

This review summarizes studies of the long term effects of covid-19 in hospitalized and non-hospitalized patients and describes the persistent symptoms they endure and risk factors for acute and long covid.

A taxonomy of financial-risk-management tasks and connect them with relevant machine learning methods is presented, and major challenges being faced by researchers in this area are identified.

Patients with persistent chylomicronemia who received plozasiran had significantly lower triglyceride levels and a lower incidence of pancreatitis than those who received placebo.

The coastal zone of Cartagena city, Colombia provides illustration for applying risk assessments as a basis for guiding coastal management. Much of this coastal reach is heavily urbanized with a few areas of suburban to rural zones. In this study 32.6 km of shoreline under the city's jurisdiction were evaluated for coastal erosion management, calculating the Hazard and Vulnerability Indexes, which together constitute the Coastal Erosion Risk Index which provides a single numerical evaluation of risk. A range of variables were utilized in the calculations including forcing processes (wave heigh...

This open access book offers recommendations on how to improve patient safety creating patient-centered, efficient and equitable healthcare systems, in order to spread the quality and patient safety culture among the new generation of healthcare professionals

Exploiting a unique setting in China where internal controls are intended to manage risks, we investigate how internal controls shape the cash holding policies. Results show that firms with higher internal control quality (ICQ) are less likely to have abnormal cash holdings, either excess or deficit cash, and this effect is not driven by corporate governance quality. We also find that firms with higher ICQ are more likely to increase dividend payments and are less likely to increase M&A investments, especially when the firms have had a negative experience with prior M&A investments. Furthermor...

A multidisciplinary approach is important in the management of patients with diabetes and cancer for a better outcome, and future studies are required to better understand the underlying mechanism between the risk of cancer and diabetes.

Abstract Risk management has reduced vulnerability to floods and droughts globally 1,2 , yet their impacts are still increasing 3 . An improved understanding of the causes of changing impacts is therefore needed, but has been hampered by a lack of empirical data 4,5 . On the basis of a global dataset of 45 pairs of events that occurred within the same area, we show that risk management generally reduces the impacts of floods and droughts but faces difficulties in reducing the impacts of unprecedented events of a magnitude not previously experienced. If the second event was much more hazardous ...

The authors provide insights to help clinicians identify and address high-risk conditions in the 20- to 39-year age range (young adults) that include tobacco use, elevated blood pressure/hypertension, family history of premature ASCVD, primary severe hypercholesterolemia, diabetes with diabetes-specific risk-enhancing factors, or the presence of multiple other risk- enhancing factors.

Abstract Extreme weather events due to climate change and growing economic and development activities along coastlines have resulted in increased risks from natural and human-induced disasters—affecting the safety and livelihoods of coastal communities. Assessing community resilience to disasters is, therefore, an essential step toward mitigating their current and future risks. This study provides a systematic review of coastal community resilience frameworks for disaster risk management, covering their content, structure, and assessment. Sixty-four critical resilience criteria under four dime...

A novel integrated cyber security risk management framework that responds to that challenge by supporting systematic identification of critical assets through the use of a decision support mechanism built on fuzzy set theory, by predicting risk types through machine learning techniques, and by assessing the effectiveness of existing controls is proposed.

A mathematical model to mitigate disruptions in a three-stage supply chain network subject to a natural disaster like COVID-19 pandemic is developed and results reveal that the PS algorithm performed better for such model than a heuristic method like GA.

Representing approximately 12% of GDP across OECD countries, public procurement is an important pillar of public service delivery. However, successful public procurement is threatened by risks in areas as diverse as compliance, sustainability, and operations. Governments can address these challenges by identifying, assessing, treating, and monitoring risks throughout the procurement process. To do so, they use general tools such as risk registers and risk matrices, as well as more targeted measures aimed at specific challenges, such as supply chain risks. The procurement of complex goods, serv...

A novel framework based on integrated approaches based on big data analytics and AI is proposed for developing disaster management solutions using disruptive technologies.