A STUDY INTO UK FINANCIAL PLANNERS OPINIONS ON RISK TOLERANCE AND RISK PERCEPTION.

2016 ◽  
Author(s):  
Ian Smith
Keyword(s):  
Risk Perception ◽  
Risk Tolerance ◽  
Financial Planners

scholarly journals Factors predicting citizens’ risk tolerance regarding earthquakes

2021 ◽  
Author(s):  
◽  
Liv Henrich
Keyword(s):  
Risk Perception ◽  
Psychometric Properties ◽  
Nuclear Power ◽  
Risk Mitigation ◽  
Risk Tolerance ◽  
Risk Characteristics ◽  
Tolerance Study ◽  
Measures Of Risk ◽  
The Government ◽  
Different Levels

<p>People tolerate different levels of risk from different hazards in their day-to-day life. Perceptions of risks and the amount of risk mitigation people desire for different hazards vary. Previous research shows that the psychometric properties of different hazards predict the level of risk people tolerate for various hazards, but not for earthquakes. Risk tolerance is likely to also be affected by factors other than the psychometric properties of hazards. This research tested how earthquakes score on psychometric risk properties compared to five other hazards, and aimed to replicate previous research on the risk factors predicting risk tolerance. Secondly, the research aimed to test if other factors, namely framing effects, risk perception and fatalistic thinking predict risk tolerance for earthquakes. In Study 1, participants from Wellington, New Zealand (N = 139) rated six different hazards (nuclear power, smoking, alcohol, driving, flying and earthquakes) on several risk characteristics and measures of risk tolerance. The results showed that the different hazards were perceived differently in terms of risk tolerance and that participants thought different risk mitigation actions were appropriate for the six hazards. Factor analysis showed that factors derived from risk characteristics did not predict risk tolerance. Study 2 (N = 173) assessed the effects of framing messages, risk perception and fatalism on risk tolerance (judgments about the firmness of the legislation; willingness to pay tax) and judgments about who should pay. The frames had an effect on participants’ concern about the risk, but did not affect the other measures. Generally participants thought that the Government should pay for strengthening buildings, however, those participants who perceived damage as preventable (fatalism measure) thought that private owners should pay for strengthening.</p>

Aligning IT Teams' Risk Management to Business Requirements

2011 ◽  
pp. 301-315 ◽  
Author(s):  
Corey Hirsch ◽  
Jean-Noel Ezingeard
Keyword(s):  
Risk Management ◽  
Risk Perception ◽  
Information Security ◽  
Risk Perceptions ◽  
Management Strategy ◽  
Risk Tolerance ◽  
Management Teams ◽  
Enterprise Information ◽  
Management Plans ◽  
Perceive Risk

Achieving alignment of risk perception, assessment, and tolerance among and between management teams within an organisation is an important foundation upon which an effective enterprise information security management strategy can be built .We argue the importance of such alignment based on information security and risk assessment literature. Too often lack of alignment dampens clean execution of strategy, eroding support during development and implementation of information security programs . We argue that alignment can be achieved by developing an understanding of enterprise risk management plans and actions, risk perceptions and risk culture. This is done by examining context, context and process. We illustrate this through the case of LeCroy Corp., illustrating how LeCroy managers perceive risk in practice, and how LeCroy fosters alignment in risk perception and execution of risk management strategy as part of an overall information security program. We show that in some circumstances diversity of risk tolerance profiles aide a management teams’ function. In other circumstances, variances lead to dysfunction. We have uncovered and quantified nonlinearities and special cases in LeCroy executive management’s risk tolerance profiles.

Does entrepreneurs’ risk perception influence firm’s rapidity in foreign market entry through moderation of entrepreneurial decision-making approach?

2020 ◽  
Vol 30 (2) ◽  
pp. 225-243
Author(s):  
Md. Nur Alam ◽  
Imtiaz Masroor ◽  
Md. Noor Un Nabi
Keyword(s):  
Decision Making ◽  
Risk Perception ◽  
Market Entry ◽  
International Market ◽  
Risk Tolerance ◽  
Partial Least Square ◽  
Least Square ◽  
Partial Least Square Regression ◽  
Foreign Market Entry ◽  
Content Type

Purpose The purpose of this paper is to find out whether risk perception can affect rapidity in international market entry. Also, this paper tries to find out whether the decision-making approach, effectuation, can moderate the pathway between risk tolerance and internationalization speed. Design/methodology/approach A hypothetico-deductive methodology has been used to conduct this study. Using partial least square regression, this study tested and proved two developed hypotheses based on a sample of 101 software and IT-enabled services firms in Bangladesh. The sample was selected using non-probability sampling techniques, and data were collected using a structured questionnaire developed from the extant literature. Findings All of the hypotheses proposed in this study have been accepted. The results show that the effectual approach of decision-making negates the risk perception of the entrepreneur and speeds up the internationalization process of that firm. Research limitations/implications The implications of this study are inherent in the entrepreneurial cognition and decision-making approach (effectuation). This study provides an insight into risk perception and the rapidity of internationalization, which can spur future development in this field. Originality/value Rapidity in internationalization of small- and medium-sized enterprises depends on a significant number of factors, one of which is the decision-making approach. The decision-making approach followed by the firms can have an effect on the speed of internationalization. This paper connects the dots between the rapidity of entry to foreign markets with a cognitive variable, risk perception. This paper developed two hypotheses to measure the relationship between risk perception of the entrepreneurs and the rapidity in international market entry with moderation of the decision-making approach.

scholarly journals The Role of Risk Tolerance in Publics’ Health Risk Perception and Responses

2019 ◽  
Vol 2 (2019) ◽  
pp. 20-22
Author(s):  
Hyoyeun Jun ◽  
Yen-I Lee
Keyword(s):  
Climate Change ◽  
Risk Perception ◽  
Public Relations ◽  
Health Risks ◽  
Online Survey ◽  
Risk Tolerance ◽  
Foodborne Illness ◽  
Temporal Distance ◽  
Health Risk Perception

To better understand how uncertainty influences publics’ risk perception and responses, this study introduced risk tolerance as a new concept to public relations literature and then investigated how publics react to health risks with different temporal distances: climate change and foodborne illness. Through an online survey, this study found out that uncertainty, induced by risk temporal distance, leads to varied risk tolerance, which subsequently influences where and how people seek and share risk information.

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