International journal of risk and contingency management最新文献

{"title":"CEO Bonus Pay and Firm Credit Risk","authors":"Hsin-Hui Chiu, E. Wagner","doi":"10.4018/ijrcm.2020010101","DOIUrl":"https://doi.org/10.4018/ijrcm.2020010101","url":null,"abstract":"This article examines the association between the bonus component of managerial compensation and the impacts on a firm's credit risk using data from the U.S. The empirical findings suggest that bonus compensation could potentially play a role in mitigating the agency costs of debt and restraining the CEO's risk-taking behavior, as bonus pay is significantly associated with lower credit risk in a broad sample across various industries. Cash compensation including salary and bonuses, however, have different impacts on credit risk. Bonus compensation does not add to credit risk as suggested in the financial press, but firms should differentiate impacts of bonus and salary pay on firm risk when designing executives' compensation package.","PeriodicalId":91714,"journal":{"name":"International journal of risk and contingency management","volume":"574 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70461391","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Effect of Cultural Diversity in Communication on Project Success Within Multinational Construction Companies in the United Arab Emirates","authors":"B. Galli","doi":"10.4018/IJRCM.2019100103","DOIUrl":"https://doi.org/10.4018/IJRCM.2019100103","url":null,"abstract":"All industries rely on communication and its effectiveness to run a system of subcontracting. There are many subcontractors in the construction industry that are involved in processes, such as design, plumbing, electrical, and project management. Communication facilitates cooperation, but when it is ineffective, then it leads to poor performance. The situation is even more critical in a culturally diverse environment, such as the UAE construction industry. This study sought to investigate the risks that ineffective communication can have on a construction industry by using the UAE as a case study. The researcher collected secondary data by conducting an in-depth analysis of past studies. Also, the qualitative analysis of the information led to the realization that communication failure could cause sub-contractor failure, scope changes, design changes, ineffective knowledge transfer, poor stakeholder engagement, time differences, and geographical distance.","PeriodicalId":91714,"journal":{"name":"International journal of risk and contingency management","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4018/IJRCM.2019100103","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43773740","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Strengthening IT Governance and Controls Using COBIT","authors":"Pavankumar Mulgund, Palak Pahwa, G. Chaudhari","doi":"10.4018/IJRCM.2019100104","DOIUrl":"https://doi.org/10.4018/IJRCM.2019100104","url":null,"abstract":"With the emergence of COBIT in 1996, organizations were introduced to a framework that aimed to combine the best practices and provide essential guidelines for the successful business development along with the growth of competitiveness of the organization. Today, COBIT 5 has been adopted by numerous organizations as the primary business framework for the governance and management of enterprise IT. This article explores the evolution of the framework since its genesis to the present. The authors perform a systematic literature review taking into account a total of 93 publications that relate to various aspects of COBIT. The research papers have been categorized on the basis of their scope and on their nature (empirical, conceptual or descriptive). The data collected from these publications are analyzed to identify various trends- commonalities, differences, themes, and the nature of the study. This article also provides an overview in terms of the need of COBIT, the strengths and weaknesses of each version of the framework and how each version addresses the shortcomings of its predecessors. The research article also comprehensively discusses the state of art version of the framework COBIT 5. Further, they present a detailed analysis of how this framework is currently leveraged by organizations to identify and mitigate IT and organizational risk through better governance. In conclusion, this article also discusses the issues faced by the enterprises in its implementation today and scope of future research.","PeriodicalId":91714,"journal":{"name":"International journal of risk and contingency management","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4018/IJRCM.2019100104","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47304260","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Key Risks and Challenges During Modern Building Designs in the Construction Industry","authors":"B. Galli, M. Alsulaimani","doi":"10.4018/IJRCM.2019100101","DOIUrl":"https://doi.org/10.4018/IJRCM.2019100101","url":null,"abstract":"Although the field of project management has undergone significant improvement, new challenges often make it hard for project managers to meet expectations when planning modern building designs. This article traces such challenges that the project manager must face during modern building projects, as modern building designs are complex and much riskier than traditional ones. Project managers can face different challenges throughout a project, such as a project complexity, a lack of communication, and changes in planning. These risks were studied using a risk matrix, and solutions were provided. The most dominated solution was mitigation, which illustrates that avoiding a risk entirely is highly unlikely. There are specific methods of mitigation based on the given risks, and applying these solutions can help to complete a project on time and to stay within the budget.","PeriodicalId":91714,"journal":{"name":"International journal of risk and contingency management","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4018/IJRCM.2019100101","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43522330","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Use of Social Media for Women Entrepreneurship (With Special Reference to Bhopal)","authors":"Neel Rai, Rajeev Sijariya","doi":"10.5958/2321-5763.2019.00031.3","DOIUrl":"https://doi.org/10.5958/2321-5763.2019.00031.3","url":null,"abstract":"This article describes the role of social media in the empowerment of women entrepreneurs. Through survey analysis, the researcher will explore the role social media plays for women in business in India. This research has studied the utility of social media for women entrepreneurs. This is done by using a grounded theory approach to data analysis. The findings show that social media has had an overall positive impact on the lives of women entrepreneurs.","PeriodicalId":91714,"journal":{"name":"International journal of risk and contingency management","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41756845","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Factors Affecting Implementation of Activity Based Costing in Selected Manufacturing Units in India","authors":"A. Arora, M. Raju","doi":"10.4018/IJRCM.2019070102","DOIUrl":"https://doi.org/10.4018/IJRCM.2019070102","url":null,"abstract":"The present article is an attempt to analyze the various factors affecting the adoption of an activity-based costing (ABC) system in selected manufacturing units in India. The following seven factors are considered: firm size, diversity of the product, percentage of overhead cost in total cost, listing of the company, cost audit compulsion, separate cost accounting department and the method of accounting. Logistic regression and a Chi Square test are applied to these factors and the use of an ABC system. On the basis of 72 sample units, the study found the size of the firm, percentage of overhead cost in total cost, cost audit compulsion and the method of accounting are statistically significant for the adoption of ABC system. While factors such as diversity of the product, separate cost accounting department and the listing of the company are found to not be statistically significant for the adoption of ABC system. The study has provided additional insights into areas relating to the factors affecting the implementation of ABC systems.","PeriodicalId":91714,"journal":{"name":"International journal of risk and contingency management","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4018/IJRCM.2019070102","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47427729","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Two Stage Supply Chain Optimization for Perishable Products Under Fuzzy Environment","authors":"Sandhya Makkar","doi":"10.4018/IJRCM.2019070103","DOIUrl":"https://doi.org/10.4018/IJRCM.2019070103","url":null,"abstract":"In the changing market scenario, supply chain management is getting phenomenal importance amongst researchers. Studies on supply chain management have emphasized the vitality of a long-term strategic relationship between the supplier, distributor and retailer. In this article, the authors have studied a two-stage supply chain coordination problem under uncertain costs and demand information when integrated procurement and distribution decisions of supply chain has to be employed. The model incorporates a single supplier transporting its products to multiple destinations of a retailer. This process becomes tedious, as when items have an inventory carrying cost incurred due to perishable nature of products. Different discount policies are offered to procure and transport goods from the one stage to other stage. Fuzzy set theory is applied to estimate the uncertainty associated with the input parameters and triangular fuzzy numbers are used to analyze the model. A case is presented to validate the procedure.","PeriodicalId":91714,"journal":{"name":"International journal of risk and contingency management","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4018/IJRCM.2019070103","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43882766","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Impact of Employer Branding on Job Engagement and Organizational Commitment in Indian IT Sector","authors":"Geeta Rana, Ravindra Sharma, Somesh Singh, V. Jain","doi":"10.4018/IJRCM.2019070101","DOIUrl":"https://doi.org/10.4018/IJRCM.2019070101","url":null,"abstract":"This article seeks to empirically examine the impact of employee branding on job engagement and organizational commitment in Indian IT companies. The data was collected from 250 employees employed in various companies in Indian IT companies. Results revealed a strong positive association between employer branding and job engagement, job engagement and organizational commitment, and employer branding and organizational commitment. Further, job engagement showed a partial mediating effect on the link between employer branding and organizational commitment. This is the first empirical investigation to simultaneously examine associations among employer branding, job engagement, and organizational commitment. Practitioners could, with such knowledge, incorporate the most influential dimensions of employer branding in organizational culture.","PeriodicalId":91714,"journal":{"name":"International journal of risk and contingency management","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4018/IJRCM.2019070101","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48669925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Risk Assessment of Incidents Response for Downstate New York Natural Gas Distribution Infrastructure","authors":"B. Galli, Aamir Khizar","doi":"10.4018/IJRCM.2019040103","DOIUrl":"https://doi.org/10.4018/IJRCM.2019040103","url":null,"abstract":"In the United States today, there are thousands of miles of an extended network of natural gas pipelines across the nation. Current pipeline explosions and leaks in several regions have challenged the natural gas industry to re-evaluate efforts and to pursue proactive strategies. Safety and the environmental threat has become a primary concern in the United States and around the world, but mostly in cases where natural gases, oil, and other hazardous wastes are intricate. Thus, a significant point in the natural gas pipeline industry that signifies both the economic and social issue is the unplanned pipeline risk. In this article, a quantitative data analysis was performed for Downstate New York companies, Con Edison and National Grid. There, the data from various natural gas pipelines was observed for the trend regarding failing material, failure cause, aging characteristics, and perform a risk assessment to come up with training and risk checklist that could be crucial for risk handling strategies. The statistical analyses of the natural gas pipeline-related incident data for distribution pipelines between 2012 and 2016, which were composed from Pipeline and Hazardous Material Safety Administration (PHMSA) of the United States Department of Transportation (DOT), are compiled. The total miles in the gas distribution pipelines in downstate New York is approximately 48,539 as of 2016. The equipment failure, other incident cause, other outside force, and excavation damages are the leading causes of the pipe-related incidents, which are responsible for over 20% of the total incidents between 2012 and 2016. As a result, a quantitative research methodology has been developed as the suitable approach to achieve risk assessment. Mainly, this approach aims towards risk management in natural gas industry projects using the maximum likelihood method on 70 rupture incidents between 2012 and 2016, which were collected from the PHMSA pipeline incident database. The hypothetical quantitative risk assessment of the gas distribution pipelines are illustrated by combining the statistics of the pipeline rupture incidents, as well as risk assessment performed in the present study.","PeriodicalId":91714,"journal":{"name":"International journal of risk and contingency management","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4018/IJRCM.2019040103","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46454465","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Towards the Development of a Holistic Framework of Project Complexity","authors":"S. Gul","doi":"10.4018/IJRCM.2019040101","DOIUrl":"https://doi.org/10.4018/IJRCM.2019040101","url":null,"abstract":"Project complexity proves to be a difficult concept to grasp, especially for those new to the topic. This article provides a rapid yet thorough review of the concepts of complexity for those research students, researchers, or project professionals who may be interested in working with or studying complex projects. This article is developed using a traditional literature review process and uses a funneled or top-down approach to present the ontological view point of complexity. The article first discusses complexity in general and then moves on differentiate between simple, complicated, complex, and chaotic systems. The discussion then focuses on complexity in projects, from where the perspective of ‘complexity of' projects and ‘complexity in' projects. The article concludes by presenting an extended and deeper framework of complexity that amalgamates previously known thoughts on project complexity, uncertainty, and schema theory.","PeriodicalId":91714,"journal":{"name":"International journal of risk and contingency management","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4018/IJRCM.2019040101","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45735070","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}