E-Learning Business Risk Management with Real Options

2008 ◽  
Author(s):  
Georgios Angelou ◽  
Anastasios A. Economides
Keyword(s):  
Risk Management ◽  
Real Options ◽  
Business Risk ◽  
E Learning

E-Learning Business Risk Management with Real Options

2011 ◽  
pp. 187-212
Author(s):  
Georgios N. Angelou
Keyword(s):  
Risk Management ◽  
Real Options ◽  
Information And Communication Technologies ◽  
Risk Mitigation ◽  
A Priori ◽  
Senior Managers ◽  
Investment Performance ◽  
Multiple Risks ◽  
Information And Communication ◽  
E Learning

E-learning markets have been expanding very rapidly. As a result, the involved senior managers are increasingly being confronted with the need to make significant investment decisions related to the elearning business activities. Real options applications to risk management and investment evaluation of Information and Communication Technologies (ICT) have mainly focused on a single and a-priori known option. However, these options are not inherent in any ICT investment. Actually, they must be carefully planned and intentionally embedded in the ICT investment in order to mitigate its risks and increase its return. Moreover, when an ICT investment involves multiple risks, by adopting different series of cascading options we may achieve risk mitigation and enhance investment performance. In this paper, we apply real options to the e-learning investments evaluation. Given the investment’s requirements, assumptions and risks, the goal is to maximize the investment’s value by identifying a good way to structure it using carefully chosen real options.

KRiskSM: A Computerized Decision Aid for Client Acceptance and Continuance Risk Assessments

2002 ◽  
Vol 21 (2) ◽  
pp. 97-113 ◽  
Author(s):  
Timothy B. Bell ◽  
Jean C. Bedard ◽  
Karla M. Johnstone ◽  
Edward F. Smith
Keyword(s):  
Risk Management ◽  
Quality Control ◽  
Decision Aid ◽  
Audit Quality ◽  
Decision Aids ◽  
Risk Assessments ◽  
Innovative Technology ◽  
Full Potential ◽  
Business Risk ◽  
Client Acceptance

This paper describes the development and implementation of KRisk, an innovative technology-enabled auditor decision aid for making client acceptance and continuance risk assessments. KRisk, developed and designed by KPMG LLP, is part of the firm's audit quality control and risk management processes. In this paper, we discuss the environmental and technological forces that affect auditor business risk management. We also describe important aspects of the development, functionality, and implementation of KRisk. We discuss possible impediments to realizing the full potential of decision aids that have been reported in prior auditing research, and describe how KRisk and related audit quality control procedures implemented at KPMG were designed to overcome such impediments. Also, we present some ideas for scholarly research dealing with auditor business risk management issues, and issues related to the design and use of decision aids in general.

scholarly journals BUSINESS RISK MANAGEMENT PRACTICES ADOPTED BY ENTREPRENEURS FOR BUSINESS SUCCESS IN DELTA STATE

2021 ◽  
pp. 1-7
Author(s):  
Samuel Ikelegbe ◽  
Romanus Udeh
Keyword(s):  
Risk Management ◽  
State Government ◽  
Management Practices ◽  
Management Practice ◽  
Business Management ◽  
Business Owners ◽  
Business Success ◽  
Business Risk ◽  
Level Of Significance ◽  
Structured Questionnaire

The study was a survey research; it focused on determining the extent entrepreneurs adopt risk management practices for business management practice in Delta State. The population of the study comprises of 860 business owners who are registered with the Ministry of Commerce and Industries in Delta State. The instrument for data collection was a structured questionnaire with 16 items. Data collected were analyzed using mean and Standard deviation. The null hypothesis was tested using ANOVA statistics at 0.05 level of significance. Findings from the investigation revealed that entrepreneurs in Delta State do not adopt business risk management practices in managing their businesses. It was recommended among others that the Delta State Government and Ministry of Commerce and Industries should sensitize business owners on business risk management practice to enhance business success.

scholarly journals PENGEMBANGAN KERANGKA MANAJEMEN RISIKO PADA PERBANKAN SYARIAH

2019 ◽  
Vol 4 (1) ◽  
pp. 46-67
Author(s):  
Diah Novianti
Keyword(s):  
Decision Making ◽  
Risk Management ◽  
Risk Identification ◽  
The Other ◽  
Management Model ◽  
Islamic Banking ◽  
Business Activity ◽  
Business Risk ◽  
Management Framework ◽  
Risk Management Framework

Islamic banking such as the other business institution will face different kind of risk that inherent on its main business activity. In business, risk defined as a posibillity an can appear every time, before, when, and after the decision making. Islamic banking faced different risk with the conventional banking, because its uniquenes. Thus, the development of risk management framework in Islamic banking is very important to do, especially in frame of  risk identification, measuring, mitigation and monitoring. This paper will discuss about risk management in Islamic Banking, in theoretically and the implementation of risk management. The scope of this study will include the identification of risk in Islamic Banking, stage of risk management in Islamic Banking, risk management model, and also the devolpment of risk management framework in Islamic Banking.

scholarly journals CORPORATE RISK DISCLOSURE: THE EFFECT OF CORPORATE GOVERNANCE

2021 ◽  
Vol 5 (1) ◽  
pp. 101-113
Author(s):  
Arisona Ahmad ◽  
Muhammad Muhammad ◽  
Dwi Narullia
Keyword(s):  
Risk Management ◽  
Corporate Governance ◽  
Stock Exchange ◽  
Company Size ◽  
Business Risk ◽  
Risk Disclosure ◽  
Initial Hypothesis ◽  
Corporate Risk ◽  
Corporate Business

ABSTRACT This research investigates the role of corporate governance on the disclosure of corporate business risk management with leverage and company size as control variables. Research data were taken from a company that classified as LQ 45 on the Indonesian stock exchange from 2015 to 2018. This research finds that disclosure of business risk management as a sign that management has managed the company with the good attitude increases along with increased corporate governance activities. Leverage and company size also affect company policies regarding the disclosure of corporate business risks. Overall, the results of this study are consistent with the assumption that corporate governance affects company policies regarding business risk disclosure. However, in contrast to the initial hypothesis, the composition of the board commissioners reduces the risk management disclosure activity in the company. This is because the board of commissioners considers that business risk disclosure can increase costs and reduce its competitive advantage so that investors will respond negatively. Apart from these variables, this study contributes to agency theory, where the findings of this study indicate the confirmation of the application of theory in the context of this study. ABSTRAK Penelitian ini menyelidiki peran tata kelola perusahaan terhadap pengungkapan manajemen risiko bisnis perusahaan dengan leverage dan size perusahaan sebagai variable control. Data penelitian meliputi perusahaan yang tergolong LQ 45 di bursa efek Indonesia dari tahun 2015 hingga 2018. Penelitian ini menemukan bahwa pengungkapan manajemen risiko bisnis sebagai tanda bahwa manajemen telah berperilaku baik dalam mengelola perusahaan meningkat seiring dengan peningkatan aktivitas tata Kelola perusahaan. Leverage dan ukuran perusahaan juga mempengaruhi kebijakan perusahaan mengenai pengungkapan risiko bisnis perusahaan. Secara keseluruhan, hasil penelitian ini konsisten dengan dugaan bahwa tata kelola perusahaan mempengaruhi kebijakan perusahaan mengenai pengungkapan risiko bisnis. Namun, berbeda dengan hipotesis awal komposisi dewan komisaris menurunkan aktivitas pengungkapan manajemen risiko diperusahaan. Hal ini dikarenakan dewan komisaris menimbang bahwa pengungkapan risiko bisnis dapat meningkatkan biaya serta menurunkan keunggulan kompetitif perusahaan sehingga akan direspon negatif oleh investor. Selain variabel tersebut, penelitian ini berkontribusi pada teori agensi dimana temuan yang ada menunjukkan konfirmasi dari penerapan teori di dalam konteks penelitian.

scholarly journals ANALISIS MANAJEMEN RISIKO PEMBIAYAAN MUSYARAKAH PADA BAITUL QIRADH BINA INSAN MANDIRI BANDA ACEH

2014 ◽  
Vol 3 (1) ◽  
Author(s):  
Badratun Nisak ◽  
Azharsyah Ibrahim
Keyword(s):  
Risk Management ◽  
Small Business ◽  
Management System ◽  
Business Group ◽  
Business Risk ◽  
Risk Management System ◽  
And Control ◽  
Banda Aceh ◽  
Monitor And Control

Risk management is a set of procedures and methodologies that used to identify, measure, monitor, and control risks that could be aroused from the business of banks. This article aims to analyze the implementation of risk management system at Baitul Qiradh Bina Insan Mandiri and its impact on musharaka financing. The sample for this research is Micro Small Business Group at Kuta Alam’s regency which was financed by the Baitul Qiradh. Data for this research was gathered through interviews, observation, and documentation study. The findings suggest that there were three risk possibilities that could escalate at the financing project, namely business risk, shrinking risk, and character risk. Among these risks, the Baitul Qiradh experiences two of them, which were business and character risks. Therefore, the efforts were made to minimize the risk of Baitul Qiradh Bina Insan Mandiri by applying the 5C concept, namely character, capability, capital, condition, and collateral). ========================================================================================================Manajemen risiko adalah serangkaian prosedur dan metodologi yang digunakan untuk mengidentifikasi, mengukur, memantau, dan mengendalikan risiko yang timbul dari kegiatan usaha bank. Tujuan penelitian adalah untuk menganalisis sistem manajemen risiko yang diimplementasikan pada Baitul Qiradh Bina Insan Mandiri dan dampaknya terhadap kelancaran pembayaran dalam pembiayaan musyarakah. Pembahasan kajian hanya terfokus ke manajemen risiko pembiayaan musyarakah pada kelompok usaha dalam Rumpun Kuta Alam yang dibina oleh Baitul Qiradh Bina Insan Mandiri Banda Aceh. Pengumpulan data dilakukan dengan wawancara, observasi, dan studi dokumentasi. Hasil penelitian menunjukkan bahwa dalam melakukan pembiayaan tersebut Baitul Qiradh Bina Insan Mandiri tidak terlepas dari kemungkinan terjadinya 3 aspek risiko, yaitu: risiko bisnis yang dibiayai (busness risk), risiko berkurangnya nilai pembiayaan (shrinking risk), dan risiko karakter buruk mudharib (character risk). Dari ketiga aspek risiko tersebut, risiko pembiayaan musyarakah yang muncul dalam tiga kelompok usaha pada Rumpun Kuta Alam adalah risiko bisnis yang dibiayai (business risk) dan risiko karakter buruk mudharib (character risk). Upaya yang dilakukan untuk meminimalisir risiko tersebut, Baitul Qiradh Bina Insan Mandiri menerapkan secara ketat konsep 5C yaitu karakter (character), kapasitas atau kemampuan (capacity), modal (capital), kondisi (condition) dan jaminan (collateral).

scholarly journals Assessing real options in urban surface water flood risk management under climate change

2018 ◽  
Vol 94 (1) ◽  
pp. 1-18 ◽  
Author(s):  
Haixing Liu ◽  
Yuntao Wang ◽  
Chi Zhang ◽  
Albert S. Chen ◽  
Guangtao Fu
Keyword(s):  
Climate Change ◽  
Risk Management ◽  
Surface Water ◽  
Real Options ◽  
Flood Risk ◽  
Flood Risk Management ◽  
Urban Surface
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