WorldWideScience

Sample records for effective risk governance

  1. Community Research Contributing to Effective Risk Governance

    Energy Technology Data Exchange (ETDEWEB)

    Kelly, Neale; Forsstroem, Hans [European Commission, Brussels (Belgium). DG Research

    2001-07-01

    Research in the field of risk assessment and management has had a prominent role in the Commission's nuclear research programme, especially in the area of radiation protection. In the 1980s, the research had a largely technical focus. Through the 1990s, this focus shifted and greater attention was given to broader, less technical, issues, in particular those concerned with risk perception and communication, risk governance and the role of public participation in the process. This trend will continue within the Commission's 6th Framework Programme (FP6) given the increasing recognition of the importance of these broader socio-economic issues for decision making related to both nuclear and other technologies. The paper summarises the main outcomes of Commission sponsored research in the above areas, how this has influenced research currently being carried out in the Sth Framework Programme (FP5) and that being considered for inclusion in FP6. Two aspects are given particular attention: firstly, research into risk governance (both in the nuclear field in general and the waste management area in particular), especially the importance of social trust and participation of all relevant stakeholders in terms of achieving efficient and acceptable decisions when addressing complex, contentious issues; secondly, research into the social and psychological factors that influenced the efficacy and acceptance of measures taken to mitigate the long term impact of areas in the Former Soviet Union contaminated as a result of the Chernobyl accident. There are important lessons here for the management of any future accident that may affect Europe, especially the need for those affected locally to have a role in the decision process and to be able to exercise at least partial control over their own welfare. While this research was largely carried out in a 'nuclear' context, its findings are more generally applicable.

  2. Community Research Contributing to Effective Risk Governance

    International Nuclear Information System (INIS)

    Kelly, Neale; Forsstroem, Hans

    2001-01-01

    Research in the field of risk assessment and management has had a prominent role in the Commission's nuclear research programme, especially in the area of radiation protection. In the 1980s, the research had a largely technical focus. Through the 1990s, this focus shifted and greater attention was given to broader, less technical, issues, in particular those concerned with risk perception and communication, risk governance and the role of public participation in the process. This trend will continue within the Commission's 6th Framework Programme (FP6) given the increasing recognition of the importance of these broader socio-economic issues for decision making related to both nuclear and other technologies. The paper summarises the main outcomes of Commission sponsored research in the above areas, how this has influenced research currently being carried out in the Sth Framework Programme (FP5) and that being considered for inclusion in FP6. Two aspects are given particular attention: firstly, research into risk governance (both in the nuclear field in general and the waste management area in particular), especially the importance of social trust and participation of all relevant stakeholders in terms of achieving efficient and acceptable decisions when addressing complex, contentious issues; secondly, research into the social and psychological factors that influenced the efficacy and acceptance of measures taken to mitigate the long term impact of areas in the Former Soviet Union contaminated as a result of the Chernobyl accident. There are important lessons here for the management of any future accident that may affect Europe, especially the need for those affected locally to have a role in the decision process and to be able to exercise at least partial control over their own welfare. While this research was largely carried out in a 'nuclear' context, its findings are more generally applicable

  3. Effects of trust and governance on relational risk

    NARCIS (Netherlands)

    Nooteboom, B.; Berger, J.; Noorderhaven, N.G.

    In transaction cost economics, foist has been treated as redundant or even misleading. This study tested the effects of governance and trust the risk perceived by agents of firms in alliances. Two dimensions of relational risk were assessed: the probability that something will go wrong and the size

  4. Government Risk-Bearing

    CERN Document Server

    1993-01-01

    The u.s. government bulks large in the nation's financial markets. The huge volume of government-issued and -sponsored debt affects the pricing and volume ofprivate debt and, consequently, resource allocation between competing alternatives. What is often not fully appreciated is the substantial influence the federal government wields overresource allocation through its provisionofcreditandrisk-bearing services to the private economy. Because peopleand firms generally seekto avoid risk, atsomeprice they are willing to pay another party to assume the risk they would otherwise face. Insurance companies are a class of private-sector firms one commonly thinks of as providing these services. As the federal government has expanded its presence in the U.S. economy during this century, it has increasingly developed programs aimed at bearing risks that the private sector either would not take on at any price, or would take on but atapricethoughtto besogreatthatmostpotentialbeneficiarieswouldnotpurchase the coverage. To...

  5. Corporate governance practices and financial performance: The mediating effect of risk management committee at manufacturing firms

    Directory of Open Access Journals (Sweden)

    Edyanus Herman Halim

    2017-12-01

    Full Text Available This study attempts to examine the effect of the Risk Management Committee on firm performance, and the intervening effect of the Risk Management Committee on the relationship between Corporate Governance, Firm Size, Financial Reporting Risk, and Firm Performance. Using the purposive sampling method, 299 firms were selected as the sample. This study used secondary data obtained from the companies’ annual reports, and the data was then analyze using SPSS, version 20.0. The results of this study indicate that the entire research hypothesis is accepted. This study found that the Risk Management Committee affects firm performance, and that Risk Management Committee acts as the intervening variable in the relationship between corporate governance, firm size, and financial reporting risk on firm performance. The existence of RMC would facilitate the company to control better the quality of financial reporting risks.

  6. Which Risks Get Managed? Addressing Climate Effects in the Context of Evolving Water-Governance Institutions

    Directory of Open Access Journals (Sweden)

    Ken Conca

    2015-10-01

    Full Text Available Warnings about climate change invariably stress water-related effects. Such effects are typically framed as both unpredictable and disruptive, and are thus said to create large new risks to the water sector demanding adaptive responses. This article examines how such responses are mediated by, and also compromised by, two dominant trends in the evolution of water governance institutions: (1 the rise of an “integrated” paradigm of water resources management, which has encouraged the development of more complex and interconnected water institutions, and (2 the rapidly changing political economy of water financing and investment. Each of these trends carries its own strong presumptions about what constitutes water-related risk and how such risk is properly managed. The article uses the specific example of large dam projects to illustrate how these ongoing trends in water governance shape and complicate the prospect of managing climate-water risks.

  7. Investigating the effect of corporate governance on risk of private banks and insurance firms

    Directory of Open Access Journals (Sweden)

    Mehdi Taghavi

    2014-01-01

    Full Text Available This paper presents an empirical investigation to study the effects of corporate governance on risk taking of private insurance firms and banks in Iran. The proposed study of this paper considers the financial information of 13 banks and 19 private insurance firms over the period 2006-2011 in Iran. The study investigates the effects of five variables including size, CEO duality task, composition of the board of directors, ownership concentration and having an internal auditing system on risk taking of private banks and insurance firms in Iran. Using some panel data and regression analysis, the study confirms the positive effect of the ownership concentration as well as negative impact of non-bound board members on risk taking.

  8. Analysis of the effect of corporate governance attributes on risk management practices

    Directory of Open Access Journals (Sweden)

    Raef Gouiaa

    2018-03-01

    Full Text Available Despite recent increased risk research attention being focussed on the Canadian and international scene, there are few research studies that specifically address the relation between corporate governance systems and risk management practices. This paper examines the relation between corporate governance systems and enterprise risk management. More specifically, we analyze how corporate governance attributes and particularly board characteristics can affect risk management practices in the context of Canadian listed companies. Using a content analysis approach, the level of exposure to risk in terms of likelihood, the consequences of such risk and the strategies for managing that risk were identified for each type of risk. The results reveal that corporate governance attributes related to board’s structure, directors’ characteristics and the board's operating process play a significant and important role in establishing an integrative risk management approach. The results show that directors’ characteristics and the board's process significantly determine the quality of risk management through the level of risk-taking in decisions, especially in terms of financial risks.

  9. Flood risk governance arrangements in Europe

    Science.gov (United States)

    Matczak, P.; Lewandowski, J.; Choryński, A.; Szwed, M.; Kundzewicz, Z. W.

    2015-06-01

    The STAR-FLOOD (Strengthening and Redesigning European Flood Risk Practices Towards Appropriate and Resilient Flood Risk Governance Arrangements) project, funded by the European Commission, investigates strategies for dealing with flood risk in six European countries: Belgium, the UK, France, the Netherlands, Poland and Sweden and in 18 vulnerable urban regions in these countries. The project aims to describe, analyse, explain, and evaluate the main similarities and differences between the selected EU Member States in terms of development and performance of flood risk governance arrangements. It also discusses the scientific and societal importance of these similarities and differences. Attention is paid to identification and characterization of shifts in flood risk governance arrangements and in flood risk management strategies and to determination of triggering factors and restraining factors. An assessment of a change of resilience and appropriateness (legitimacy, effectiveness, efficiency) of flood risk governance arrangements in Poland is presented and comparison with other European countries is offered.

  10. Flood risk governance arrangements in Europe

    Directory of Open Access Journals (Sweden)

    P. Matczak

    2015-06-01

    Full Text Available The STAR-FLOOD (Strengthening and Redesigning European Flood Risk Practices Towards Appropriate and Resilient Flood Risk Governance Arrangements project, funded by the European Commission, investigates strategies for dealing with flood risk in six European countries: Belgium, the UK, France, the Netherlands, Poland and Sweden and in 18 vulnerable urban regions in these countries. The project aims to describe, analyse, explain, and evaluate the main similarities and differences between the selected EU Member States in terms of development and performance of flood risk governance arrangements. It also discusses the scientific and societal importance of these similarities and differences. Attention is paid to identification and characterization of shifts in flood risk governance arrangements and in flood risk management strategies and to determination of triggering factors and restraining factors. An assessment of a change of resilience and appropriateness (legitimacy, effectiveness, efficiency of flood risk governance arrangements in Poland is presented and comparison with other European countries is offered.

  11. Research Insights About Risk Governance

    Directory of Open Access Journals (Sweden)

    Therese R. Viscelli

    2016-11-01

    Full Text Available In recent years, expectations for increased risk governance have been placed explicitly on boards of directors. In response, boards are being held responsible for not only understanding and approving management’s risk management processes, but they are also being held responsible for assessing the risks identified by those processes as part of overseeing management’s pursuit of value. These increasing responsibilities have led a number of organizations to adopt enterprise risk management (ERM as a holistic approach to risk management that extends beyond traditional silo-based risk management techniques. As boards, often through their audit committee, consider management’s implementation of ERM as part of the board’s risk oversight, a number of questions emerge that can be informed by academic research related to ERM. This article summarizes findings from ERM research to provide insights related to the board’s risk governance responsibilities. We also identify a number of research questions that warrant further analysis by governance scholars. It is our hope that this article will spawn varying types of research about ERM and corporate governance.

  12. Liberalization, Bank Governance, and Risk Taking

    NARCIS (Netherlands)

    M. Illueca (Manuel); L. Norden (Lars); G.F. Udell (Gregory)

    2011-01-01

    textabstractWe study the effects of the interplay between deregulation and governance on risk taking in the financial industry. We consider a large natural experiment in Spain where the removal of regulatory geographic constraints for savings banks led to a nationwide expansion of these banks during

  13. Risk management and corporate governance performance ...

    African Journals Online (AJOL)

    The study examines the relative effect of risk management and corporate governance on bank performance in Nigeria. The study utilizes both primary and secondary data. The primary data were collected using structured questionnaire that were administered in Four-hundred and eighty (480) employees of Wema Bank Plc ...

  14. Governance of disaster risk reduction in Cameroon: The need to empower local government

    Directory of Open Access Journals (Sweden)

    Henry N. Bang

    2013-02-01

    Full Text Available The impact of natural hazards and/or disasters in Cameroon continues to hit local communities hardest, but local government lacks the ability to manage disaster risks adequately. This is partly due to the fact that the necessity to mainstream disaster risk reduction into local governance and development practices is not yet an underlying principle of Cameroon’s disaster management framework. Using empirical and secondary data, this paper analyses the governance of disaster risks in Cameroon with particular focus on the challenges local government faces in implementing disaster risk reduction strategies. The hypothesis is that the governance of disaster risks is too centralised at the national level, with huge implications for the effective governance of disaster risks at the local level. Although Cameroon has reinvigorated efforts to address growing disaster risks in a proactive way, it is argued that the practical actions are more reactive than proactive in nature. The overall aim is to explore the challenges and opportunities that local government has in the governance of disaster risks. Based on the findings from this research, policy recommendations are suggested on ways to mainstream disaster risk reduction strategies into local governance, and advance understanding and practice in the local governance of disaster risks in the country.

  15. The Key to Sustainable Risk Governance

    DEFF Research Database (Denmark)

    Andersen, Torben Juul; Shaw, Gregory L.

    by relevant literatures on risk governance and values-based management complemented with insights from case analyses and empirical studies. Findings: – The paper explains why formal risk management approaches have limitations and outlines how the presence of official policies and codes of conduct...... failed to do the job when the leadership in reality gave first priority to profits at the expense of the stated environmental values. The prioritized code of the US Coast Guard is used to illustrate the circumstances where core values support effective crisis, disaster and risk management outcomes......Purpose: – The article brings attention to the importance of corporate values and concrete leadership enactment of those values as a necessary condition for effective risk management outcomes. Design/methodology/approach: – The content is based on practice-based research experiences supported...

  16. Public education on the health effects of low dose radiation. Why the government underestimated the risks?

    International Nuclear Information System (INIS)

    Sakiyama, Hisako

    2012-01-01

    Here the education on the health effects of radiation, which has not been taken up in the report of the National Diet of Japan Fukushima Nuclear Accident Independent Investigation Commission (NAIIC), is mentioned: The atomic power policy for the education on the health effects of radiation, the correspondence of the Ministry of Education, Culture, Sports, Science and Technology after the Fukushima accident, the side readers on the radiation, Is there the clear evidence on the correlation of dose rate under 100 mSv to diseases?, the ploblem of dose and dose-rate effectiveness factor, the fluctuation range of the death rate 0.5% from cancer, the influence and assistance of the electric enterprise union to ICRP members, etc. (M.H.)

  17. Managing flood risk through collaborative governance | IDRC ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    2013-05-21

    May 21, 2013 ... Managing flood risk through collaborative governance ... This article profiles a project supported by IDRC's Climate Change and Water program, ... and in the intensity of extreme weather events are resulting in the erosion of lo.

  18. Nanotechnology and the need for risk governance

    International Nuclear Information System (INIS)

    Renn, O.; Roco, M. C.

    2006-01-01

    After identifying the main characteristics and prospects of nanotechnology as an emerging technology, the paper presents the general risks associated with nanotechnology applications and the deficits of the risk governance process today, concluding with recommendations to governments, industry, international organizations and other stakeholders. The International Risk Governance Council (IRGC) has identified a governance gap between the requirements pertaining to the nano- rather than the micro-/macro- technologies. The novel attributes of nanotechnology demand different routes for risk-benefit assessment and risk management, and at present, nanotechnology innovation proceeds ahead of the policy and regulatory environment. In the shorter term, the governance gap is significant for those passive nanostructures that are currently in production and have high exposure rates; and is especially significant for the several 'active' nanoscale structures and nanosystems that we can expect to be on the market in the near future. Active nanoscale structures and nanosystems have the potential to affect not only human health and the environment but also aspects of social lifestyle, human identity and cultural values. The main recommendations of the report deal with selected higher risk nanotechnology applications, short- and long-term issues, and global models for nanotechnology governance

  19. TELAAH ENTERPRISE RISK MANAGEMENT MELALUI CORPORATE GOVERNANCE DAN KONSENTRASI KEPEMILIKAN

    Directory of Open Access Journals (Sweden)

    Daniel T H Manurung

    2016-12-01

    Full Text Available Abstract: Assessing Enterprise Risk Management through Corporate Governance and Ownership Concentration. The purpose of this research is to determine the influence of corporate governance and concentrated of ownership with enterprise risk management. This research uses multiple regression analysis as a testing tool. The sample that is used in this study is 50 manufacturing companies which is listed in the Indonesia Stock Exchange. The year that is used as the basis of sampling is 2013-2014. The result of this reseacrh is a significant effect on corporate governance in Enterprise risk management. While, variable of concentration of ownership has no significant influence in enterprise risk management.

  20. Government interventions and default risk: Does one size fit all?

    NARCIS (Netherlands)

    Klomp, J.G.

    2013-01-01

    We examine the effectiveness of the financial sector rescue packages provided by the national governments during the 2008 financial crisis. This study questions the implicit assumption that government interventions have an uniform effect on the default risk of individual banks. After testing the

  1. Risk Management in IT Governance Framework

    Directory of Open Access Journals (Sweden)

    Mirela GHEORGHE

    2011-12-01

    Full Text Available The concept of governance has an already old contour: the system by which business corporations are directed and controlled. The most praised principles regarding shareholder rights, transparency and board accountability now constitute the foundation for new tendencies evolved from such ground. Executive compensation, transparency and shareholder reporting are new issues attached to board responsibilities. Besides such almost negative approaches the board faces a more and more prominent role from risk management and IT governance perspective. Nowadays is generally acknowledged that the board is in charge for managing and controlling the risks to assets of the enterprises and business future. IT Governance has emerged as a support for corporate governance, as an important part of board’s striving efforts to perform better in a competition environment. These responsibilities, risk management and IT Governance, remain within the framework of old concept of corporate governance and are fed from its substance. The interaction between these concepts is the core interest of this research.IT Governance is defined as procedures and policies established in order to assure that the IT system of an organization sustains its goals and strategies. The management of the organisations face a new challenge: structural redefinition of the IT component in order to create plus value and to minimize IT risks through an efficient management of all IT resources of the organisation. The evolution of the present IT environment is a natural process according to which business environment should adapt.

  2. Corporate Risk Disclosure and Corporate Governance

    Directory of Open Access Journals (Sweden)

    Kaouthar Lajili

    2009-12-01

    Full Text Available To date, research which integrates corporate governance and risk management has been limited. Yet, risk exposure and management are increasingly becoming the core function of modern business enterprises in various sectors and industries domestically and globally. Risk identification and management are crucial in any business strategy design and implementation. From the investors’ point of view, knowledge of the risk profile, risk appetite and risk management are key elements in making sound portfolio investment decisions. This paper examines the relationships between corporate governance mechanisms and risk disclosure behavior using a sample of Canadian publicly-traded companies (TSX 230. Results show that Canadian public companies are more likely to disclose risk management information over and above the mandatory risk disclosures, if they are larger in size and if their boards of directors have more independent members. Minority voting control ownership structures appear to negatively impact risk disclosure and CEO incentive compensation shows mixed results. The paper concludes that more research is needed to further assess the impact of various governance mechanisms on corporate risk management and disclosure behavior.

  3. Does Corporate Governance Impact Risk Management System?

    Directory of Open Access Journals (Sweden)

    Petre BREZEANU

    2011-04-01

    Full Text Available This paper brings forth the contribution of corporate governance to risk management system at the enterprise level. The research is a complex one, integrating both quantitative and qualitative information. The quantitative information consists of balance sheet and profit and loss account data while the qualitative one includes dummy variables reflecting the agency and monitoring costs which govern the relationship between managers and shareholders.

  4. Impacts, risks, and governance of climate engineering

    Directory of Open Access Journals (Sweden)

    Zhe Liu

    2015-09-01

    Full Text Available Climate engineering is a potential alternative method to curb global warming, and this discipline has garnered considerable attention from the international scientific community including the Chinese scientists. This manuscript provides an overview of several aspects of climate engineering, including its definition, its potential impacts and risk, and its governance status. The overall conclusion is that China is not yet ready to implement climate engineering. However, it is important for China to continue conducting research on climate engineering, particularly with respect to its feasible application within China, its potential social, economic, and environmental impacts, and possible international governance structures and governing principles, with regard to both experimentation and implementation.

  5. Risk and Control Developments in Corporate Governance

    DEFF Research Database (Denmark)

    Holm, Claus; Laursen, Peter Birkholm

    2007-01-01

    Are the risk and control developments in corporate governance changing the role of the external auditor? This paper examines how the concepts of risk and control are incorporated in current corporate governance promulgations and analyses the implications for the role of the external auditor....... It is suggested that up till now the corporate governance debate has strengthened the position or role of the internal auditor in the advantage of the role of the external auditor. The promulgations have influenced the internal control mechanisms, and the control responsibilities have become more explicit....... Dominant determinants for the future role of the external auditor seem to be in conflict, namely the value adding function of the audit with an alignment of risk oriented efforts by the auditor and the company versus the notion of "back to basics". The external auditors ought to recognise that they must...

  6. Information governance: beyond risk and compliance

    NARCIS (Netherlands)

    Beijer, P.; Kooper, M.; Panka, E.; Kwiatkowska, A.

    2010-01-01

    Information Governance is a logical and necessary development in organizations to benefit from the information society. This subject is becoming increasingly topical, mainly from a risk and compliance perspective, so a critical inquiry is appropriate. In this article the authors consider a number of

  7. Truth or dare: expertise and risk governance

    International Nuclear Information System (INIS)

    Paterson, J.

    2002-01-01

    There is increasing evidence that the public is as concerned with the risks associated with technology as it is enthused by the opportunities that technology presents. Experts are increasingly referred to not so much for solutions to social problems per se, but paradoxically to problems attendant on technological solutions themselves. In these circumstances, there is an urgent need for the role of the expert to be clarified. While the public and political actors have essentially looked to experts for certainty in an uncertain world, this is precisely what scientific rationality cannot provide. The inherent modesty of science (exemplified, for example, by the need for falsifiability) must always be compromised at the point when a decision is made, when 'knowledge' becomes 'action'. There is accordingly a need to be clear about the status of scientific information or knowledge on the one hand, and the effect of the decision to act on the other - and hence the appropriate locus of responsibility. Analysing the process from expert advice through to political or economic decision can help to clarify the point at which misunderstanding arises, at which the inherently provisional truth of science is transformed into the effectively absolute truth implied by a decision to apply knowledge as technology. Recognizing that it is at this point that risks are run (as well as the opportunity for rewards created) may lead to greater clarity as to the respective roles. It may in turn offer some lessons as regards the design of risk governance arrangements and the place of experts in them. (author)

  8. Euratom Research Contributing to Better Risk Governance

    International Nuclear Information System (INIS)

    Kelly, Neale; Forsstroem, Hans

    2003-01-01

    Over the past decade, greater attention has increasingly been given to broader, less technical, issues in determining the scope and content of research carried out under the auspices of the European Atomic Energy Community (Euratom) Framework Programmes. This reflects a more general trend, in particular a need for research to take due account of the ethical, social, legal, regulatory and wider cultural aspects resulting from the development and exploitation of its outcomes. These considerations are fully embedded within the 61 Framework Programme and are matters which must be explicitly addressed by most projects. The increasing importance of these aspects is exemplified by the inclusion in the 6th Framework Programme of 'science and society' and 'citizens and governance in a knowledge based society' as two of its priorities. The paper summarises Euratom research being carried out in the 5th Framework Programme that addresses broader, less technical, issues in particular those that are concerned with better approaches to risk governance and broader stakeholder involvement or participation. This research is mainly being carried out in the areas of radioactive waste management and the management of nuclear emergencies but is complemented by research of a more general nature concerned with risk governance. Further research in these areas will continue in the 61 Frarnework Programme with increasing attention given to how it can be practically exploited

  9. Acute effects of urban and industrial pollution in a government-designated "Environmental risk area": the case of Brindisi, Italy.

    Science.gov (United States)

    Gianicolo, Emilio Antonio Luca; Bruni, Antonella; Mangia, Cristina; Cervino, Marco; Vigotti, Maria Angela

    2013-01-01

    Exposure to air pollutants has been associated with increased hospital admissions (HAs) for respiratory and cardiovascular diseases. This work describes a short-term epidemiological study in Brindisi, a highly industrialized town in Southern Italy. The effects of daily exposure to PM10 and NO2 on daily HAs for cardiac, respiratory, and cerebrovascular diseases were investigated by means of a case-crossover design in the period 2001-2007. Results showed positive associations between PM10 and HAs for cardiac and respiratory diseases and between NO2 and HAs for all the categories of diseases considered, particularly among females. Although not statistically significant, increased risk was observed for wind blowing from the port and the industrial area. Findings confirm the health risks associated with ambient air pollution exposure, even though NO2 and PM10 concentrations were below the legal limits. This may be due to the complex scenario of emissions in the area, which should be better investigated.

  10. Benefits and Risks of Open Government Data

    Directory of Open Access Journals (Sweden)

    Jan Kucera

    2014-01-01

    Full Text Available Public sector bodies maintain a large amount of data from various domains. This data represents a potential resource that organizations and individuals can use to enhance their own datasets or which can be used to develop new and innovative products and services. In order to foster the reuse of the data held by the public sector bodies a number of countries around the world has started to publish its data according to the Open Data principles. In this paper we present a set of benefits that can be achieved by publishing Open Government Data (OGD and a set of risks that should be assessed when a dataset is considered for opening up. Benefits and risks presented in this paper were mostly identified during two of our OGD activities.

  11. Risk Governance: An Application of Analytic-Deliberative Policy Making

    International Nuclear Information System (INIS)

    Renn, Ortwin

    2006-01-01

    The paper introduces an integrated analytic framework for risk governance which provides guidance for the development of comprehensive assessment and management strategies to cope with risks, in particular at the global level. The framework integrates scientific, economic, social and cultural aspects and includes the effective engagement of stakeholders. The concept of risk governance comprises a broad picture of risk: not only does it include what has been termed 'risk management' or 'risk analysis, it also looks at how risk-related decision-making unfolds when a range of actors is involved, requiring co-ordination and possibly reconciliation between a profusion of roles, perspectives, goals and activities. The framework's risk process breaks down into three main phases: 'pre-assessment', 'appraisal', and 'management'. A further phase, comprising the 'characterisation' and 'evaluation' of risk, is placed between the appraisal and management phases and, depending on whether those charged with the assessment or those responsible for management are better equipped to perform the associated tasks, can be assigned to either of them - thus concluding the appraisal phase or marking the start of the management phase. The risk process has 'communication' as a companion to all phases of addressing and handling risk and is itself of a cyclical nature. However, the clear sequence of phases and steps offered by this process is primarily a logical and functional one and will not always correspond to reality. The paper will address in particular the role of public participation and stakeholder involvement

  12. Corporate Governance in Banks and its Impact on Risk and Performance: Review of Literature on the Selected Governance Mechanisms

    Directory of Open Access Journals (Sweden)

    Himaj Shkendije

    2014-09-01

    Full Text Available Corporate governance is viewed as an important, essential, and most significant factor for well-functioning of firms. Recent academic work and policy analyses have given insight into the governance problems in banks exposed to the financial crisis and suggest possible solutions. This paper begins by explaining the importance of corporate governance and its impact on risk taking and bank performance based on the theoretical background relevant to the corporate governance of banks. I combine the literature that looks at three areas of governance: ownership structure; board structure; and risk management, with the literature on risk-taking and performance effects in order to better assess the weight of the impact that these governance mechanisms have on both performance and risk. The paper concludes by highlighting the areas where further research is needed.

  13. Literature review on risk governance at the company level

    OpenAIRE

    Dijkman, A.; Terwoert, J.; Hollander, A.

    2011-01-01

    This literature review on Risk Governance is part of a TNO research programme on the safety of innovative substances and technologies in the workplace. The purpose of this review is to investigate how risk governance can be applied in the workplace when dealing with uncertainties regarding the (health) risks of these technologies, and with the related responsibilities. The review gives an overview of the current state of affairs of risk governance as a concept, and more specifically examines ...

  14. Toward more resilient food risk governance

    NARCIS (Netherlands)

    Driessen, P.P.J.|info:eu-repo/dai/nl/069081417; Hegger, D.L.T.|info:eu-repo/dai/nl/322129532; Bakker, M.H.N.|info:eu-repo/dai/nl/307694771; van Rijswick, H.F.M.W.|info:eu-repo/dai/nl/099909189; Kundzewicz, Z.W.

    2016-01-01

    Countries all over the world face increasing flood risks because of urbanization and the effects of climate change. In Europe, flooding is the most common of all natural disasters and accounts for the largest number of casualties and highest amount of economic damage. The current scientific debate

  15. The development of mountain risk governance: challenges for application

    Science.gov (United States)

    Link, S.; Stötter, J.

    2015-01-01

    The complexity the management of mountain risks in the Alps has considerably increased since its institutionalisation in the late nineteenth century. In the history of approaches to dealing with mountain risks four successive paradigms can be distinguished on the basis of key indicators such as guiding principles, characteristic elements and typical instruments: "hazard protection", "hazard management", "risk management", and "risk governance". In this contribution, special attention is paid to the development of hazard zone planning and the growing importance of communication and participation over the course of this transformation. At present, the risk management paradigm has reached maturity. In the Alps, risk governance frameworks are not yet applied to risks from natural hazards. Based on a historical analysis, the suitability and applicability of general risk governance frameworks in the context of mountain risks are discussed. Necessary adaptations (e.g., in administration, educational, and legal structures) are proposed for the upcoming transformation towards mountain risk governance.

  16. Risk Governance: An Application of Analytic-Deliberative Policy Making

    Energy Technology Data Exchange (ETDEWEB)

    Renn, Ortwin [Univ. of Stuttgart (Germany)

    2006-09-15

    The paper introduces an integrated analytic framework for risk governance which provides guidance for the development of comprehensive assessment and management strategies to cope with risks, in particular at the global level. The framework integrates scientific, economic, social and cultural aspects and includes the effective engagement of stakeholders. The concept of risk governance comprises a broad picture of risk: not only does it include what has been termed 'risk management' or 'risk analysis, it also looks at how risk-related decision-making unfolds when a range of actors is involved, requiring co-ordination and possibly reconciliation between a profusion of roles, perspectives, goals and activities. The framework's risk process breaks down into three main phases: 'pre-assessment', 'appraisal', and 'management'. A further phase, comprising the 'characterisation' and 'evaluation' of risk, is placed between the appraisal and management phases and, depending on whether those charged with the assessment or those responsible for management are better equipped to perform the associated tasks, can be assigned to either of them - thus concluding the appraisal phase or marking the start of the management phase. The risk process has 'communication' as a companion to all phases of addressing and handling risk and is itself of a cyclical nature. However, the clear sequence of phases and steps offered by this process is primarily a logical and functional one and will not always correspond to reality. The paper will address in particular the role of public participation and stakeholder involvement.

  17. Literature review on risk governance at the company level

    NARCIS (Netherlands)

    Dijkman, A.; Terwoert, J.; Hollander, A.

    2011-01-01

    This literature review on Risk Governance is part of a TNO research programme on the safety of innovative substances and technologies in the workplace. The purpose of this review is to investigate how risk governance can be applied in the workplace when dealing with uncertainties regarding the

  18. The flood risk management plan: towards spatial water governance

    NARCIS (Netherlands)

    Hartmann, T.; Driessen, P.

    2017-01-01

    The flood risk management plan challenges both water engineers and spatial planners. It calls for a new mode of governance for flood risk management. This contribution analyses how this mode of governance distinguishes from prevalent approaches. Spatial planning and water management in Europe are

  19. China's Insurance Regulatory Reform, Corporate Governance Behavior and Insurers' Governance Effectiveness.

    Science.gov (United States)

    Li, Huicong; Zhang, Hongliang; Tsai, Sang-Bing; Qiu, Aichao

    2017-10-17

    External regulation is an important mechanism to improve corporate behavior in emerging markets. China's insurance governance regulation, which began to supervise and guide insurance corporate governance behavior in 2006, has experienced a complex process of reform. This study tested our hypotheses with a sample of 85 firms during 2010-2011, which was obtained by providing a questionnaire to all of China's shareholding insurance companies. The empirical study results generally show that China's insurance governance effectiveness has significantly improved through strict regulation. Insurance corporate governance can improve business acumen and risk-control ability, but no significant evidence was found to prove its influence on profitability, as a result of focusing less attention on governance than on management. State ownership is associated with higher corporate governance effectiveness than non-state ownership. Listed companies tend to outperform non-listed firms, and life insurance corporate governance is more effective than that of property insurers. This study not only contributes to the comprehensive understanding of corporate governance effectiveness but also to the literature by highlighting the effect of corporate governance regulation in China's insurance industry and other emerging economies of the financial sector.

  20. China’s Insurance Regulatory Reform, Corporate Governance Behavior and Insurers’ Governance Effectiveness

    Directory of Open Access Journals (Sweden)

    Huicong Li

    2017-10-01

    Full Text Available External regulation is an important mechanism to improve corporate behavior in emerging markets. China’s insurance governance regulation, which began to supervise and guide insurance corporate governance behavior in 2006, has experienced a complex process of reform. This study tested our hypotheses with a sample of 85 firms during 2010–2011, which was obtained by providing a questionnaire to all of China’s shareholding insurance companies. The empirical study results generally show that China’s insurance governance effectiveness has significantly improved through strict regulation. Insurance corporate governance can improve business acumen and risk-control ability, but no significant evidence was found to prove its influence on profitability, as a result of focusing less attention on governance than on management. State ownership is associated with higher corporate governance effectiveness than non-state ownership. Listed companies tend to outperform non-listed firms, and life insurance corporate governance is more effective than that of property insurers. This study not only contributes to the comprehensive understanding of corporate governance effectiveness but also to the literature by highlighting the effect of corporate governance regulation in China’s insurance industry and other emerging economies of the financial sector.

  1. China’s Insurance Regulatory Reform, Corporate Governance Behavior and Insurers’ Governance Effectiveness

    Science.gov (United States)

    Zhang, Hongliang; Qiu, Aichao

    2017-01-01

    External regulation is an important mechanism to improve corporate behavior in emerging markets. China’s insurance governance regulation, which began to supervise and guide insurance corporate governance behavior in 2006, has experienced a complex process of reform. This study tested our hypotheses with a sample of 85 firms during 2010–2011, which was obtained by providing a questionnaire to all of China’s shareholding insurance companies. The empirical study results generally show that China’s insurance governance effectiveness has significantly improved through strict regulation. Insurance corporate governance can improve business acumen and risk-control ability, but no significant evidence was found to prove its influence on profitability, as a result of focusing less attention on governance than on management. State ownership is associated with higher corporate governance effectiveness than non-state ownership. Listed companies tend to outperform non-listed firms, and life insurance corporate governance is more effective than that of property insurers. This study not only contributes to the comprehensive understanding of corporate governance effectiveness but also to the literature by highlighting the effect of corporate governance regulation in China’s insurance industry and other emerging economies of the financial sector. PMID:29039781

  2. ANALYSIS OF CORPORATE SOCIAL RESPONSIBILITY, DEFAULT RISK AND CONSERVATISM EFFECT TO EARNING MANAGEMENT WITH GOOD CORPORATE GOVERNANCE AS MODERATING VARIABLE IN MANUFACTURING COMPANY WHOSE SHARES INCORPORATED IN INDONESIA SHARIA STOCK INDEX

    Directory of Open Access Journals (Sweden)

    Budi Gautama Siregar

    2018-05-01

    Full Text Available The purpose of this research is to examine and analyze Good Corporate Governance in moderating the relationship between Corporate Social Responsibility (as measured by economic, environmental and social, Default Risk (as measured by debt to equity ratio and debt to assets ratio and Conservatism (as measured by earning / stock return relation, accruals and net assets Earnings Management. The sample used is a manufacturing company during the period 2011- 2015. The total sample used is 170 samples. Sampling technique used is saturated sample method. The analytical model used in this research with Structural Equation Modeling. The results showed that Corporate Social Responsibility, as measured by the economy and environment, has a positive and significant effect on earning management, while Corporate Social Responsibility measured by social have negative and significant effect to earning management. Default risk, as measured by debt to equity ratio and debt to asset ratio, has positive and significant effect on Earnings Management. Also, conservatism measured by earning / stock return relation and accrual has adverse and insignificant effect on earning management. Good Corporate Governance moderates weakening the effect of Corporate Social Responsibility as measured by economic, environmental to Earnings Management. Meanwhile, the interaction of Corporate Social Responsibility proxy by social with good corporate governance has a positive and significant effect. Good Corporate Governance moderates weakening the effect of default risk measured by debt to equity ratio on Earnings Management, while the interaction between default risk measured by debt to asset ratio with good corporate governance has positive and insignificant effect, so GCG does not moderate the effect of default risk as measured by debt to asset ratio to Earnings Management. Another result was that good Corporate governance does not moderate Conservatism effect measured by Earning

  3. Bank governance, regulation, and risk taking

    NARCIS (Netherlands)

    Laeven, L.; Levine, R.

    2009-01-01

    This paper conducts the first empirical assessment of theories concerning risk taking by banks, their ownership structures, and national bank regulations. We focus on conflicts between bank managers and owners over risk, and we show that bank risk taking varies positively with the comparative power

  4. Governance of environmental risk: new approaches to managing stakeholder involvement.

    Science.gov (United States)

    Benn, Suzanne; Dunphy, Dexter; Martin, Andrew

    2009-04-01

    Disputes concerning industrial legacies such as the disposal of toxic wastes illustrate changing pressures on corporations and governments. Business and governments are now confronted with managing the expectations of a society increasingly aware of the social and environmental impacts and risks associated with economic development and demanding more equitable distribution and democratic management of such risks. The closed managerialist decision-making of the powerful bureaucracies and corporations of the industrial era is informed by traditional management theory which cannot provide a framework for the adequate governance of these risks. Recent socio-political theories have conceptualised some key themes that must be addressed in a more fitting approach to governance. We identify more recent management and governance theory which addresses these themes and develop a process-based approach to governance of environmental disputes that allows for the evolving nature of stakeholder relations in a highly complex multiple stakeholder arena.

  5. Flood Risk Management In Europe: an exploration of governance challenges

    NARCIS (Netherlands)

    Hegger, D.; Dieperink, C.; Green, C.; Driessen, Peter; Bakker, M.H.; Rijswick, H.F.M.W. van; Crabbé, A.; Ek, K.

    2013-01-01

    In order to make European regions more resilient to flood risks a broadening of Flood Risk Management strategies (FRMSs) might be necessary. The development and implementation of FRMSs like risk prevention, flood defence, mitigation, preparation and recovery is a matter of governance, a process of

  6. Climate policy: Risk-averse governments

    Science.gov (United States)

    Harris, Paul G.

    2014-04-01

    Relative to the scale of the problem, climate policies worldwide have failed. Now research explains why policy innovations are often inadequate, routinely reflecting the aversion of policymakers to the risk of failure.

  7. The Governance of the Operational Risk Indicators

    Directory of Open Access Journals (Sweden)

    Angelica Stratulat

    2016-07-01

    Full Text Available Management has won much its status of science as it is the scientific approach of solving many problems that the leadership of any entity currently has and, as such, it continues to fuel many controversies and debates. Management is the process meant to coordinate, to plan and to control the activities in an organization so as it is able to ensure its goals with maximum efficiency. Under these circumstances, future uncertainties and risks cause revolutionary mutations in approaching most of the economic and social paradigms that humankind were too long accustomed to, so that also the management processes and procedures system is exposed to corresponding changes. Operational Risk Management is not an integrated process but rather a set of fragmented activities that treat and resolve a variety of risks facing the firm/company as a whole, which determines facing the process from a holistic perspective of the whole business.

  8. TELAAH ENTERPRISE RISK MANAGEMENT MELALUI CORPORATE GOVERNANCE DAN KONSENTRASI KEPEMILIKAN

    OpenAIRE

    Daniel T H Manurung; R Wedi Rusmawan Kusumah

    2016-01-01

    Abstract: Assessing Enterprise Risk Management through Corporate Governance and Ownership Concentration. The purpose of this research is to determine the influence of corporate governance and concentrated of ownership with enterprise risk management. This research uses multiple regression analysis as a testing tool. The sample that is used in this study is 50 manufacturing companies which is listed in the Indonesia Stock Exchange. The year that is used as the basis of sampling is 2013-2014. ...

  9. Risk Assessment and Risk Governance of Liquefied Natural Gas Development in Gladstone, Australia.

    Science.gov (United States)

    van der Vegt, R G

    2018-02-26

    This article is a retrospective analysis of liquefied natural gas development (LNG) in Gladstone, Australia by using the structure of the risk governance framework developed by the International Risk Governance Council (IRGC). Since 2010 the port of Gladstone has undergone extensive expansion to facilitate the increasing coal export as well as the new development of three recently completed LNG facilities. Significant environmental and socio-economic impacts and concerns have occurred as a result of these developments. The overall aim of the article, therefore, is to identify the risk governance deficits that arose and to formulate processes capable of improving similar decision-making problems in the future. The structure of the IRGC framework is followed because it represents a broad analytical approach for considering risk assessment and risk governance in Gladstone in ways that include, but also go beyond, the risk approach of the ISO 31000:2009 standard that was employed at the time. The IRGC risk framework is argued to be a consistent and comprehensive risk governance framework that integrates scientific, economic, social, and cultural aspects and advocates the notion of inclusive risk governance through stakeholder communication and involvement. Key aspects related to risk preassessment, risk appraisal, risk tolerability and acceptability, risk management, and stakeholder communication and involvement are considered. The results indicate that the risk governance deficits include aspects related to (i) the risk matrix methodology, (ii) reflecting uncertainties, (iii) cumulative risks, (iv) the regulatory process, and (v) stakeholder communication and involvement. © 2018 Society for Risk Analysis.

  10. Foresight Study on the Risk Governance of New Technologies: The Case of Nanotechnology.

    Science.gov (United States)

    Read, Sheona A K; Kass, Gary S; Sutcliffe, Hilary R; Hankin, Steven M

    2016-05-01

    Technology-led innovation represents an important driver of European economic and industrial competitiveness and offers solutions to societal challenges. In order to facilitate responsible innovation and public acceptance, a need exists to identify and implement oversight approaches focused on the effective risk governance of emerging technologies. This article describes a foresight study on the governance of new technologies, using nanotechnology as a case example. Following a mapping of the governance landscape, four plausible foresight scenarios were developed, capturing critical uncertainties for nanotechnology governance. Key governance elements were then stress tested within these scenarios to see how well they might perform in a range of possible futures and to inform identification of the strengths, weaknesses, opportunities, and threats for nanotechnology governance in Europe. Based on the study outcomes, recommendations are proposed regarding the development of governance associated with the responsible development of new technologies. © 2015 Society for Risk Analysis.

  11. Governance Strategies and Welfare Effects

    DEFF Research Database (Denmark)

    Trifkovic, Neda

    on processor-owned estate farms is estimated using a maximum simulated likelihood estimator. Our results show positive welfare effects from participating in contract farming, but not from employment on processor-owned estate farms. The results imply that contract farming presents opportunities for economic...

  12. Factors for effective BIM governance

    OpenAIRE

    Alreshidi, Eissa; Mourshed, Monjur; Rezgui, Yacine

    2017-01-01

    With increasing complexity of construction projects, a collaborative environment becomes essential to ensure effective communication during the project lifecycle. Conventional team collaboration raises issues such as the lack of trust; uncertainties regarding ownership and Intellectual Property Rights (IPRs); miscommunication; and cultural differences, among others. Additional issues can arise in relation to the generated data, including data loss, data inconsistency, errors, and liability fo...

  13. The Mutable Nature of Risk and Acceptability: A Hybrid Risk Governance Framework.

    Science.gov (United States)

    Wong, Catherine Mei Ling

    2015-11-01

    This article focuses on the fluid nature of risk problems and the challenges it presents to establishing acceptability in risk governance. It introduces an actor-network theory (ANT) perspective as a way to deal with the mutable nature of risk controversies and the configuration of stakeholders. To translate this into a practicable framework, the article proposes a hybrid risk governance framework that combines ANT with integrative risk governance, deliberative democracy, and responsive regulation. This addresses a number of the limitations in existing risk governance models, including: (1) the lack of more substantive public participation throughout the lifecycle of a project; (2) hijacking of deliberative forums by particular groups; and (3) the treatment of risk problems and their associated stakeholders as immutable entities. The framework constitutes a five-stage process of co-selection, co-design, co-planning, and co-regulation to facilitate the co-production of collective interests and knowledge, build capacities, and strengthen accountability in the process. The aims of this article are twofold: conceptually, it introduces a framework of risk governance that accounts for the mutable nature of risk problems and configuration of stakeholders. In practice, this article offers risk managers and practitioners of risk governance a set of procedures with which to operationalize this conceptual approach to risk and stakeholder engagement. © 2015 Society for Risk Analysis.

  14. Quality, risk management and governance in mental health: an overview.

    Science.gov (United States)

    Callaly, Tom; Arya, Dinesh; Minas, Harry

    2005-03-01

    To consider the origin, current emphasis and relevance of the concepts of quality, risk management and clinical governance in mental health. Increasingly, health service boards and management teams are required to give attention to clinical governance rather than corporate governance alone. Clinical governance is a unifying quality concept that aims to produce a structure and systems to assure and improve the quality of clinical services by promoting an integrated and organization-wide approach towards continuous quality improvement. Many psychiatrists will find the reduction in clinical autonomy, the need to consider the welfare of the whole population as well as the individual patient for whom they are responsible, and the requirement that they play a part in a complex systems approach to quality improvement to be a challenge. Avoiding or ignoring this challenge will potentially lead to conflict with modern management approaches and increased loss of influence on future developments in mental health services.

  15. Comparative, collaborative, and integrative risk governance for emerging technologies

    OpenAIRE

    LINKOV IGOR; TRUMP BENJAMIN D.; ANKLAM ELKE; BERBUBE DAVID; BOISSEAU PATRICK; CUMMINGS CHRISTOPHER; FERSON SCOTT; FLORIN MARIE-VALENTINE; GOLDSTEIN BERNARD; HRISTOZOV DANAIL; JENSEN KELD ASTRUP; KATALAGARIANAKIS GEORGIOS; KUZMA JENNIFER; LAMBERT JAMES H.; MALLOY TIMOTHY

    2018-01-01

    Various emerging technologies challenge existing governance processes to identify, assess, and manage risk. Though the existing risk-based paradigm has been essential for assessment of many chemical, biological, radiological, and nuclear technologies, a complementary approach may be warranted for the early-stage assessment and management challenges of high uncertainty technologies ranging from nanotechnology to synthetic biology to artificial intelligence, among many others. This ...

  16. The Economic Effects of Government Expenditures

    OpenAIRE

    Laurence J. Kotlikoff

    1982-01-01

    This paper discusses conceptual problems of distinguishing "expenditure" policy from "tax" policy and "deficit" policy. The paper argues that each of these concepts is ill-defined and does not provide a useful basis for examining the government" underlying fiscal policies. The fundamentals of fiscal policy involve changes in marginal incentives, inframarginal intra- and intergenerational redistribution, and direct government consumption. The paper reviews some of the effects of these fundamen...

  17. Global recession and microfinance risk governance in developing countries

    Directory of Open Access Journals (Sweden)

    Roberto Moro Visconti

    2011-09-01

    Full Text Available Global recession, started in 2008, is still proving an unresolved perfect storm and the financial crisis has affected also the real economy, creating widespread social unrest. Microfinance institutions (MFIs in developing countries seem however less affected by the worldwide turmoil, due to their segmentation and resilience to external shocks. Recession has a big impact on governance mechanisms, altering the equilibriums among different stakeholders and increasing the risk of investment returns; any governance improvement is highly welcome and recommended. No governance, no money for growth or bare survival. In the confused phase we are living in, at the moment there are not evident winners, but the underbanked poorest, unless properly supported, once again risk being the ultimate losers.

  18. Corporate Governance and Bank Insolvency Risk : International Evidence

    NARCIS (Netherlands)

    Anginer, D.; Demirguc-Kunt, Asli; Huizinga, H.P.; Ma, K.

    2014-01-01

    This paper finds that shareholder-friendly corporate governance is positively associated with bank insolvency risk, as proxied by the Z-score and the Merton’s distance to default measure, for an international sample of banks over the 2004-2008 period. Banks are special in that ‘good’ corporate

  19. Corporate Governance and Bank Insolvency Risk : International Evidence

    NARCIS (Netherlands)

    Anginer, D.; Demirguc-Kunt, A.; Huizinga, H.P.; Ma, K.

    This paper finds that shareholder-friendly corporate governance is positively associated with bank insolvency risk, as proxied by the Z-score and the Merton’s distance to default measure, for an international sample of banks over the 2004-2008 period. Banks are special in that ‘good’ corporate

  20. Trachoma Prevalence and Risk Factors in Eight Local Government ...

    African Journals Online (AJOL)

    is worst in Anka LGA (7%); whereas knowledge of how to prevent trachoma is generally poor in all the LGAs. Trachoma prevalence and risk factors in eight local government areas of Zamfara state. The burden of active trachoma (TF) in children is low in the surveyed LGAs with the exception of Bungudu and Maradun that ...

  1. Technological risk: A problem of growing concern to government

    International Nuclear Information System (INIS)

    Jaeckel, H.

    1980-01-01

    The enumeration of rudimentary technological risks alone shows that the governments of the European states must provide both diagnosis and therapy if the continent is not to degenerate into something between a fully automated chamber of horrors and a sordid refuse dump. Each of the European countries has introduced a great deal of valuable legislation. These laws are clearly inadequate. (DG)

  2. Mountain Risks: From Prediction to Management and Governance

    Directory of Open Access Journals (Sweden)

    David Petley

    2015-05-01

    Full Text Available Reviewed: Mountain Risks: From Prediction to Management and Governance. Edited by Theo Van Asch, Jordi Corominas, Stefan Greiving, Jean-Philippe Malet, and Sterlacchini Simone. Dordrecht, The Netherlands: Springer, 2014. xi + 413 pp. US$ 129.00, € 90.00, € 104.00. Also available as an e-book. ISBN 978-94-007-6768-3.

  3. Peculiarities of territorial governing in the area of increased risk

    International Nuclear Information System (INIS)

    Marchinskas, A.

    1998-01-01

    The area of Ignalina NPP can be evaluated from the standpoint of governing as the area of increased risk territory (zone), so the local administration should acquire a specific status. The results of expert examination show insufficient efficiency of the administration's activity, it's orientation to quantitative results. An objective fund is necessary for the supporting the local administration and population of this area. (author)

  4. Modelling local government unit credit risk in the Republic of Croatia

    Directory of Open Access Journals (Sweden)

    Petra Posedel

    2012-12-01

    Full Text Available The objective of this paper is to determine possible indicators that affect local unit credit risk and investigate their effect on default (credit risk of local government units in Croatia. No system for the estimation of local unit credit risk has been established in Croatia so far causing many practical problems in local unit borrowing. Because of the specific nature of the operations of local government units and legislation that does not allow local government units to go into bankruptcy, conventional methods for estimating credit risk are not applicable, and the set of standard potential determinants of credit risk has to be expanded with new indicators. Thus in the paper, in addition to the usual determinants of credit risk, the hypothesis of the influence of political factors on local unit credit risk in Croatia is also tested out, with the use of a Tobit model. Results of econometric analysis show that credit risk of local government units in Croatia is affected by the political structure of local government, the proportion of income tax and surtax in operating revenue, the ratio of net operating balance, net financial liabilities and direct debt to operating revenue, as well as the ratio of debt repayment and cash, and direct debt and operating revenue.

  5. Public Governance Quality and Tax Compliance Behavior in Nigeria: The Moderating Role of Financial Condition and Risk Preference

    Directory of Open Access Journals (Sweden)

    James O. Alabede

    2011-06-01

    public governance quality on tax compliance behavior of individual taxpayers as well as the moderating effect of financial condition and risk preference on tax compliance and its determinants. This study extended tax compliance model to incorporate public governance quality and moderating effects of financial condition and risk preference.

  6. Export strategy risks and governance in the clothing industry

    Directory of Open Access Journals (Sweden)

    Arthur Mapanga

    2016-08-01

    Full Text Available This paper investigates the export strategy implementation risks in Zimbabwe’s clothing sector with a view to build a framework for improving strategy implementation and governance. The government of Zimbabwe has formulated a five year export strategic blue-print to resuscitate the clothing value chain. However, to date, no visible movement towards implementing the export strategy has materialised. The sector is on the brink of collapse putting the welfare and livelihood of over two million people dependent on the sector at risk. A desk research and key informant interviews were conducted to understand the barriers causing inertia in the implementation of the export strategy. Cotton farmers’ unions’ representatives, the cotton ginners association members, the spinning industry members and garment manufacturers representatives, clothing retailers’ representatives, workers’ unions’ members and government officials were important sources of information towards the discovery of the risks. From the research, six of the strategy implementation risks were linked to human elements. Leadership, consensus and commitment deficiencies militated against the implementation of the export strategy in the clothing value chain. There is also a lack of trust among the value chain actors leading to the dislocation of efforts to resuscitate the sector

  7. Cyber Governance : Challenges, Solutions, and Lessons for Effective Global Governance

    NARCIS (Netherlands)

    Jayawardane, S.; Larik, J.E.; Jackson, E.

    2015-01-01

    Cyberspace permeates global social and economic relations in the 21st Century. It is an integral part of the critical infrastructure on which modern societies depend and has revolutionized how we communicate and socialize. The governance of cyberspace is, therefore, an indispensable component of

  8. MEKANISME CORPORATE GOVERNANCE, ENTERPRISE RISK MANAGEMENT, DAN NILAI PERUSAHAAN PERBANKAN

    Directory of Open Access Journals (Sweden)

    Bestari Dwi Handayani

    2017-05-01

    Full Text Available The purpose of this study was to examine corporate governance mechanism. This study also examines the effect of mediation of ERM on relationships corporate governance mechanism and the value of company. The population of this research is financial sector companies listed on the Indonesia Stock Exchange. Sample selection using purposive sampling. This study uses path analysis in hypothesis testing and Sobel test for testing mediation ERM. The results of this study indicate that there is significant influence between corporate governance mechanisms (managerial ownership, institutional ownership, independent commissioner and audit committee with the value of company. This study provides evidence that ERM mediating influence between institutional ownership, independent directors and audit committee with company’s value, but not significant in mediating the effect of managerial ownership. Penelitian ini bertujuan untuk menguji mekanisme corporate governance. Penelitian ini juga menguji pengaruh mediasi dari ERM pada hubungan mekanisme corporate governance dan nilai perusahaan tersebut. Populasi penelitian ini adalah perusahaan sektor keuangan yang terdaftar di Bursa Efek Indonesia (BEI. Teknik pemilihan sampel menggunakan purposive sampling. Penelitian ini menggunakan analisis jalur (path analysis dalam pengujian hipotesis dan sobel test untuk pengujian mediasi ERM. Hasil penelitian ini menunjukkan bahwa terdapat pengaruh signifikan antara mekanisme corporate governance (kepemilikan manajerial, kepemilikan institusional, komisaris independen, dan komite audit dengan nilai perusahaan. Penelitian ini memberikan bukti bahwa ERM memediasi pengaruh antara kepemilikan institusional, komisaris independen, dan komite audit terhadap nilai perusahaan. Namun tidak signifikan dalam memediasi pengaruh kepemilikan manajerial.

  9. Sustainable nanotechnology decision support system: bridging risk management, sustainable innovation and risk governance

    NARCIS (Netherlands)

    Subramanian, V.; Semenzin, E.; Hristozov, D.; Zabeo, A.; Malsch, I.; McAlea, E.; Murphy, F.; Mullins, M.; Harmelen, T. van; Ligthart, T.; Linkov, I.; Marcomini, A.

    2016-01-01

    The significant uncertainties associated with the (eco)toxicological risks of engineered nanomaterials pose challenges to the development of nano-enabled products toward greatest possible societal benefit. This paper argues for the use of risk governance approaches to manage nanotechnology risks and

  10. Integrating Corporate Governance Concepts in the Classroom with the Risk Assessment Project

    Science.gov (United States)

    Elson, Raymond J.; O'Callaghan, Susanne; Walker, John P.

    2015-01-01

    The recession of 2008 and the demise of established financial firms served as a reminder that effective corporate governance is important to ensure that businesses remain as going concern. One key area is the implementation of effective enterprise-wide risk management practices. The resulting regulatory oversight enacted through the Dodd Frank Act…

  11. Assessing Stability and Dynamics in Flood Risk Governance

    NARCIS (Netherlands)

    Hegger, D.L.T.; Driessen, P.P.J.; Dieperink, C.; Wiering, M.A.; Raadgever, G.T.; Rijswick, H.F.M.W. van

    2014-01-01

    European urban agglomerations face increasing flood risks due to urbanization and the effects of climate change. These risks are addressed at European, national and regional policy levels. A diversification and alignment of Flood Risk Management Strategies (FRMSs) can make vulnerable urban

  12. Risk governance on radionuclide contamination in food in Japan

    International Nuclear Information System (INIS)

    Sekizawa, Jun

    2012-01-01

    A large scale nuclear power plant accident happened after the great earthquake in Fukushima in March 2011. There was several critical mismanagement of the accident which resulted in the radio-nuclides release in the environment. Furthermore the information delay and the lack in delivery of clear and comprehensible explanation of the risk have been causing huge anxieties and worries among people living near to the site, and also people in the nation. Risk assessment appeared not to meet appropriately requests of risk management authorities and also people. Author has been trying to straighten the large amounts of data on radionuclide contamination in foods so as for people to easily understand the real situation with succinct messages explaining risk and to take appropriate actions in facing the risk. Appropriate responses and coordination among the risk managing authorities are indispensable especially in this kind of huge accident which may entail vast scale and long lasting risk and a new paradigm of the food safety governance is required in Japan. (author)

  13. On the governance of global and catastrophic risks

    DEFF Research Database (Denmark)

    Faber, Michael Havbro

    2011-01-01

    The focus of the present paper regards the identification and treatment of critical issues in the process of societal decision making concerning management of global and catastrophic risks. Taking basis in recent works by the author, the paper in particular addresses: 1) Which are the most relevant...... hazards in a holistic global perspective and how may these be categorised in view of strategies for their treatment?; 2) How might robust societal decisions on risk management subject to large uncertainties be formally supported?; 3) How may available economic resources be prioritised for the purpose...... of sustainable and global life safety and health improvements? Finally, new results and perspectives are presented on the issue of allocation of resources for the purpose of improving global public health and a discussion on global risk governance concludes the paper....

  14. Managing corporate governance risks in a nonprofit health care organization.

    Science.gov (United States)

    Troyer, Glenn T; Brashear, Andrea D; Green, Kelly J

    2005-01-01

    Triggered by corporate scandals, there is increased oversight by governmental bodies and in part by the Sarbanes-Oxley Act of 2002. Corporations are developing corporate governance compliance initiatives to respond to the scrutiny of regulators, legislators, the general public and constituency groups such as investors. Due to state attorney general initiatives, new legislation and heightened oversight from the Internal Revenue Service, nonprofit entities are starting to share the media spotlight with their for-profit counterparts. These developments are changing nonprofit health care organizations as well as the traditional role of the risk manager. No longer is the risk manager focused solely on patients' welfare and safe passage through a complex delivery system. The risk manager must be aware of corporate practices within the organization that could allow the personal objectives of a few individuals to override the greater good of the community in which the nonprofit organization serves.

  15. The governance of risk arising from the use of spreadsheets in organisations

    Directory of Open Access Journals (Sweden)

    Tessa Minter

    2014-06-01

    Full Text Available The key to maximising the effectiveness of spreadsheet models for critical decision making is appropriate risk governance. Those responsible for governance need, at a macro level, to identify the specific spreadsheet risks, determine the reasons for such exposures and establish where and when risk exposures occur from point of initiation to usage and storage. It is essential to identify which parties could create the exposure taking cognisance of the entire supply chain of the organisation. If management’s risk strategy is to control the risks then the question reverts to how these risks can be prevented and/or detected and corrected? This paper attempts to address each of these critical issues and to offer guidance in the governance of spreadsheet risk. The paper identifies the the risk exposures and sets out the responsibilities of directors in relation to spreadsheets and the spreadsheet cycle. Spreadsheet risk exposure can be managed in terms of setting the control environment, undertaking risk assessment, providing the requisite information and communicating with internal and external parties as well as implementing spreadsheet lifecycle application controls and monitoring activities

  16. Adaptive Governance, Uncertainty, and Risk: Policy Framing and Responses to Climate Change, Drought, and Flood.

    Science.gov (United States)

    Hurlbert, Margot; Gupta, Joyeeta

    2016-02-01

    As climate change impacts result in more extreme events (such as droughts and floods), the need to understand which policies facilitate effective climate change adaptation becomes crucial. Hence, this article answers the question: How do governments and policymakers frame policy in relation to climate change, droughts, and floods and what governance structures facilitate adaptation? This research interrogates and analyzes through content analysis, supplemented by semi-structured qualitative interviews, the policy response to climate change, drought, and flood in relation to agricultural producers in four case studies in river basins in Chile, Argentina, and Canada. First, an epistemological explanation of risk and uncertainty underscores a brief literature review of adaptive governance, followed by policy framing in relation to risk and uncertainty, and an analytical model is developed. Pertinent findings of the four cases are recounted, followed by a comparative analysis. In conclusion, recommendations are made to improve policies and expand adaptive governance to better account for uncertainty and risk. This article is innovative in that it proposes an expanded model of adaptive governance in relation to "risk" that can help bridge the barrier of uncertainty in science and policy. © 2015 Society for Risk Analysis.

  17. Empirical research on risk taking of listed financial institutions based on the perspective of corporate governance

    Directory of Open Access Journals (Sweden)

    Chen Hao

    2017-03-01

    Full Text Available After the financial crisis in 2008, the risk control of financial institutions has once again become the focus of attention. This paper selects the unbalanced panel data of 44 listed financial institutions in China from 2009 to 2013 for empirical analysis to study the risk taking of China’s listed financial institutions based on the perspective of corporate governance. Then the paper analyzes the effect of corporate governance on the risk taking of listed financial institutions based on the empirical analysis from four aspects. The results indicate that there is a significant negative correlation between the proportion of the largest shareholder’s shareholding and risk taking; a significant positive correlation between the size of the board of supervisors and risk taking; a significant positive correlation between the executive pay and risk taking, and a significant negative correlation between the equity incentive and risk taking. By comparison, the factors related to governance of board of directors have no significant effect on the risk taking of listed financial institutions.

  18. Sustainable nanotechnology decision support system: bridging risk management, sustainable innovation and risk governance

    International Nuclear Information System (INIS)

    Subramanian, Vrishali; Semenzin, Elena; Hristozov, Danail; Zabeo, Alex; Malsch, Ineke; McAlea, Eamonn; Murphy, Finbarr; Mullins, Martin; Harmelen, Toon van; Ligthart, Tom; Linkov, Igor; Marcomini, Antonio

    2016-01-01

    The significant uncertainties associated with the (eco)toxicological risks of engineered nanomaterials pose challenges to the development of nano-enabled products toward greatest possible societal benefit. This paper argues for the use of risk governance approaches to manage nanotechnology risks and sustainability, and considers the links between these concepts. Further, seven risk assessment and management criteria relevant to risk governance are defined: (a) life cycle thinking, (b) triple bottom line, (c) inclusion of stakeholders, (d) risk management, (e) benefit–risk assessment, (f) consideration of uncertainty, and (g) adaptive response. These criteria are used to compare five well-developed nanotechnology frameworks: International Risk Governance Council framework, Comprehensive Environmental Assessment, Streaming Life Cycle Risk Assessment, Certifiable Nanospecific Risk Management and Monitoring System and LICARA NanoSCAN. A Sustainable Nanotechnology Decision Support System (SUNDS) is proposed to better address current nanotechnology risk assessment and management needs, and makes. Stakeholder needs were solicited for further SUNDS enhancement through a stakeholder workshop that included representatives from regulatory, industry and insurance sectors. Workshop participants expressed the need for the wider adoption of sustainability assessment methods and tools for designing greener nanomaterials.

  19. Sustainable nanotechnology decision support system: bridging risk management, sustainable innovation and risk governance

    Energy Technology Data Exchange (ETDEWEB)

    Subramanian, Vrishali, E-mail: vrishali.subramanian@unive.it; Semenzin, Elena; Hristozov, Danail; Zabeo, Alex [University Ca’ Foscari of Venice, Department of Environmental Sciences, Informatics and Statistics (Italy); Malsch, Ineke [Malsch TechnoValuation (Netherlands); McAlea, Eamonn; Murphy, Finbarr; Mullins, Martin [University of Limerick, Kemmy Business School (Ireland); Harmelen, Toon van; Ligthart, Tom [TNO (Netherlands); Linkov, Igor; Marcomini, Antonio, E-mail: marcom@unive.it [University Ca’ Foscari of Venice, Department of Environmental Sciences, Informatics and Statistics (Italy)

    2016-04-15

    The significant uncertainties associated with the (eco)toxicological risks of engineered nanomaterials pose challenges to the development of nano-enabled products toward greatest possible societal benefit. This paper argues for the use of risk governance approaches to manage nanotechnology risks and sustainability, and considers the links between these concepts. Further, seven risk assessment and management criteria relevant to risk governance are defined: (a) life cycle thinking, (b) triple bottom line, (c) inclusion of stakeholders, (d) risk management, (e) benefit–risk assessment, (f) consideration of uncertainty, and (g) adaptive response. These criteria are used to compare five well-developed nanotechnology frameworks: International Risk Governance Council framework, Comprehensive Environmental Assessment, Streaming Life Cycle Risk Assessment, Certifiable Nanospecific Risk Management and Monitoring System and LICARA NanoSCAN. A Sustainable Nanotechnology Decision Support System (SUNDS) is proposed to better address current nanotechnology risk assessment and management needs, and makes. Stakeholder needs were solicited for further SUNDS enhancement through a stakeholder workshop that included representatives from regulatory, industry and insurance sectors. Workshop participants expressed the need for the wider adoption of sustainability assessment methods and tools for designing greener nanomaterials.

  20. Risk Governance of Multiple Natural Hazards: Centralized versus Decentralized Approach in Europe

    Science.gov (United States)

    Komendantova, Nadejda; Scolobig, Anna; Vinchon, Charlotte

    2014-05-01

    social sciences. The implementation of a multi-risk approach can be strengthened through the creation of multi-risk platforms and multi-risk commissions, which can liaise between risk management experts and local communities and to unify numerous actions on natural hazard management. However, the multi-risk approach cannot be a subsidiary to a single risk approach, and both have to be pursued. References: IRGC. (2011). Concept note: Improving the management of emerging risks: Risks from new technologies, system interactions, and unforeseen or changing circumstances. International Risk Governance Council (IRGC), Geneva. Kappes, M. S., Keiler, M., Elverfeldt, von K., & Glade, T, (2012). Challenges of analyzing multi-hazard risk: A review. Natural Hazards, 64(2), 1925-1958. doi: 10.1007/s11069-012-0294-2. Komendantova N, Scolobig A, Vinchon C (2013). Multi-risk approach in centralized and decentralized risk governance systems: Case studies of Naples, Italy and Guadeloupe, France. International Relations and Diplomacy, 1(3):224-239 (December 2013) Scolobig, A., Vichon, C., Komendantova, N., Bengoubou-Valerius, M., & Patt, A. (2013). Social and institutional barriers to effective multi-hazard and multi-risk decision-making governance. D6.3 MATRIX project. Selva, J. (2013). Long-term multi-risk assessment: statistical treatment of interaction among risks. Natural Hazards, 67(2),701-722. UNISDR. (2013). Implementing the HYOGO framework for action in Europe: Regional synthesis report 2011-2013. Verweij, M., & Thompson, M. (Eds.). (2006). Clumsy solutions for a complex world: Governance, politics, and plural perceptions. New York: Palgrave Macmillan. White, G., Kates, R., & Burton, I. (2001). Knowing better and losing even more: the use of knowledge in hazards management. Environmental Hazards, 3, 81-92.

  1. A method for risk analysis across governance systems: a Great Barrier Reef case study

    International Nuclear Information System (INIS)

    Dale, Allan; Vella, Karen; Potts, Ruth; Pressey, Robert L; Brodie, Jon; Yorkston, Hugh

    2013-01-01

    Healthy governance systems are key to delivering sound environmental management outcomes from global to local scales. There are, however, surprisingly few risk assessment methods that can pinpoint those domains and sub-domains within governance systems that are most likely to influence good environmental outcomes at any particular scale, or those if absent or dysfunctional, most likely to prevent effective environmental management. This paper proposes a new risk assessment method for analysing governance systems. This method is then tested through its preliminary application to a significant real-world context: governance as it relates to the health of Australia’s Great Barrier Reef (GBR). The GBR exists at a supra-regional scale along most of the north eastern coast of Australia. Brodie et al (2012 Mar. Pollut. Bull. 65 81–100) have recently reviewed the state and trend of the health of the GBR, finding that overall trends remain of significant concern. At the same time, official international concern over the governance of the reef has recently been signalled globally by the International Union for the Conservation of Nature (IUCN). These environmental and political contexts make the GBR an ideal candidate for use in testing and reviewing the application of improved tools for governance risk assessment. (letter)

  2. Governance in support of integrated flood risk management? The case of Romania

    NARCIS (Netherlands)

    Vinke-de Kruijf, Joanne; Kuks, Stefanus M.M.; Augustijn, Dionysius C.M.

    2015-01-01

    Building on an existing model of governance, this paper aims to assess the supportiveness of Romania׳s structural flood risk governance context towards integrated flood risk management. We assert that a governance structure supports the development and implementation of integrated flood risk

  3. Effective Governance in the Era of Disruptive Changes in Business Illustrated by the Tata Capital Framework

    DEFF Research Database (Denmark)

    Rose, Caspar; Sherman, David; Haraszuk, Anni

    2015-01-01

    Identifying, assessing, managing, and containing risks is a fundamental responsibility of business and ‘business as usual’ in 2015. The question is: How can businesses be effectively governed in an era of disruptive changes while managing risks of business? This article explores – through the case...... example of Tata Capital, part of the Indian, global conglomerate Tata Group – how to effectively govern in an environment of disruptive forces impacting business while managing risk seen from an audit committee and internal audit perspective. Effective governance through regular evaluation of internal...

  4. 内部控制:廉政风险防控的新视角和有效抓手%Internal Control:A New Perspective and Effective Working Point on Risk Prevention and Control of an Incorrupt Government

    Institute of Scientific and Technical Information of China (English)

    李慧; 张海兰

    2016-01-01

    Ab stract: The current situation and characteristics of corruption demand new means for the management and prevention of risks in clean governance for a transformation from“not daring to corrupt”to“not possible to corrupt,”and a strengthened sys-tem for risk-prevention to facilitate information disclosure. An analysis the advantages and disadvantages of the risk manage-ment perspective, quality management perspective, and a perspective for the prevention of interest-conflicts in combination with the connotations and characteristics of internal management yields the discovery: there is an internal consistency between internal management and risk-prevention in anti-corruption. There can be found some theoretical and practical values for risk-prevention in anti-corruption from the perspective of internal management, which proves to be a new perspective and ef-fective working point.%当前腐败的形式和特点对现阶段廉政风险防控提出了新要求:从“不敢腐”向“不能腐”转变;加强制度防控,推进信息公开。通过对风险管理视角、质量管理视角和基于防止利益冲突视角的廉政风险防控优缺点的分析,结合内部控制的内涵和特征,发现内部控制与廉政风险防控存在内在一致性。从内部控制视角开展廉政风险防控具有一定的理论价值和现实意义,成为现阶段廉政风险防控工作的新视角和有效抓手。

  5. Government spending shocks, sovereign risk and the exchange rate regime

    NARCIS (Netherlands)

    Bonam, D.; Lukkezen, J.H.J.

    2014-01-01

    Keynesian theory predicts output responses upon a fiscal expansion in a small open economy to be larger under fixed than floating exchange rates. We analyse the effects of fiscal expansions using a New Keynesian model and find that the reverse holds in the presence of sovereign default risk. By

  6. INTERNAL GOVERNANCE AND ROLE OF INTERNAL AUDIT IN FINANCIAL INSTITUTIONS. CASE STUDY: RISK BASED PLANNING

    Directory of Open Access Journals (Sweden)

    Andrei Florin

    2015-07-01

    Full Text Available The global financial crisis from 2008 was considered a trigger to reshape the financial systems and to enhance the risk management practices. Considering the developments and new guidelines that are now used it can be observed a “positive” effect of the crisis, in particular to strengthen the risk management culture and governance in all aspects. Comparing to 2008 year, the improvements that have been made to the risk management systems can be easily observed in the financial institutions. For the scope of the article, the subject of this review will be focused on the internal audit function. The main aspect is to capture the new practices that are now used in order to contribute to a performing internal governance system. A case study will be presented in order to better understand how the internal audit function is designed and acting as a “line” of defence in the internal governance system. Also, it is in the scope of the article to issue some recommendations for future developments of the audit function in order to better manage its mission and the objectives. A risk based model used in the planning activities is presented. The financial institutions improved significantly their internal governance system. The internal audit function is now better integrated in the internal structures and clear lines of communication were settled. As the conclusion of the article is illustrating, the internal governance was frequently not sufficiently developed causing a failure in the risk management systems from the systemically financial institutions. The content of the article has practical applicability, as the results and the recommendations could be used in the design of an audit function within a financial institution.

  7. Multi-level Governance in Environmental Risk Management

    Directory of Open Access Journals (Sweden)

    Petra Hiller

    2013-04-01

    Full Text Available The article examines regulatory strategies in the field of ecological disaster management with reference to the sociology of risk. The risk perspective draws attention to the fact that political strategies of regulation are to be understood as processes of risk transformation. The behavior of regulatory agencies is related to their perception of risks and opportunities. From this point of view, efforts in the field of disaster management appear as processes that turn perceived environmental threats into risks and opportunities for the agencies involved. The article shows the course of such a governance process which transforms environmental disasters into organizational risks and opportunities. This leads to the following research question: Which types of organizations favor strategies of risk avoidance and which organizations rather allow active pursuit of opportunities? The empirical part of this study is based on data obtained by field research in a multi-level negotiation system set up for managing hazardous wastes. Empirical findings support the assumption that organizational stability is a central condition for active pursuit of opportunities whereas organizational instability supports an orientation towards the avoidance of organizational risk. El artículo examina las estrategias reguladoras en el ámbito de la gestión de los desastres ecológicos, haciendo referencia a la sociología del riesgo. La perspectiva de riesgo pone su atención sobre el hecho de que las estrategias políticas de regulación se deben entender como procesos de transformación de riesgos. El comportamiento de las agencias reguladoras se relaciona con su percepción de los riesgos y oportunidades. Desde este punto de vista, los esfuerzos en el campo de la gestión de catástrofes se convierten en procesos que transforman las amenazas medioambientales (percibidas en riesgos y oportunidades para las agencias involucradas. El artículo muestra el desarrollo de este

  8. Industry Evidence on the Effects of Government Spending

    OpenAIRE

    Christopher J. Nekarda; Valerie A. Ramey

    2010-01-01

    This paper investigates industry-level effects of government purchases in order to shed light on the transmission mechanism for government spending on the aggregate economy. We begin by highlighting the different theoretical predictions concerning the effects of government spending on industry labor market equilibrium. We then create a panel data set that matches output and labor variables to shifts in industry-specific government demand. The empirical results indicate that increases in gover...

  9. Corporate Governance Effects on Social Responsibility Disclosures

    Directory of Open Access Journals (Sweden)

    António Dias

    2017-06-01

    Full Text Available This study uses stakeholder theory to explore how corporate governance [CG] characteristics influence corporate social responsibility disclosure [CSRD] in the context of a global financial crisis [GFC]. Empirical data are drawn from Portugal, a country strongly affected by the GFC. Portuguese companies are characterized by high ownership concentration. The largest shareholder is often the CEO and Board Chair (a phenomenon known as CEO duality. We analyse the association between CSRD (measured by a 40-item disclosure index and CG variables (board size, CEO duality, board independence, ownership concentration and presence of an audit committee or CSR committee for 48 of the 51 listed companies in Portugal. The control variables are company size and industry type. We find that CSRD is affected positively by board size, CEO duality, company size and industry type. This accords with suggestions implicit in stakeholder theory that a larger board will represent a broader diversity of stakeholders and will promote better monitoring, more assertive stakeholder management, greater transparency, and increased levels of CSRD. Larger companies and companies close-to-consumers are associated with high levels of CSRD, ostensibly because they are more visible and subject to greater societal monitoring during a period of financial crisis. We reveal that in a country characterized by high ownership concentration, CEO duality has a positive effect on CSRD.

  10. Rethinking Federalism for More Effective Governance

    OpenAIRE

    Alice M. Rivlin

    2012-01-01

    For common reasons the federal government and most state governments face rising structural deficits even as the economy recovers. An aging population requires retirement income and increasingly expensive health care, while a prosperous economy requires public investment in skills, technology, and infrastructure. However, stressed federal and state tax systems are increasingly inadequate. The author revisits proposals, made twenty years ago, for substantial changes in fiscal federalism design...

  11. Effective Information Technology Governance Mechanisms: An Australian Study

    Directory of Open Access Journals (Sweden)

    Syaiful Ali

    2006-01-01

    Full Text Available Growing importance of information technology (IT, as a strategic factor for organizations in achieving their objectives, have raised the concern of organizations in establishing and implementing effective IT governance. This study seeks to empirically examine the individual IT governance mechanisms that influence the overall effectiveness of IT governance. The data were obtained by using web based survey from 176 members of ISACA (Information Systems and Audit Control Association Australia. This study examines the influences of six proposed IT governance mechanisms on the overall effectiveness of IT governance. Using Factor Analysis and Multiple Regression techniques, the current study finds significant positive relationships between the overall level of effective IT governance and the following four IT governance mechanisms: the existence of ethics/ culture of compliance in IT, corporate communication systems, an IT strategy committee, and the involvement of senior management in IT.

  12. Risk perception, risk management and safety assessment: what can governments do to increase public confidence in their vaccine system?

    Science.gov (United States)

    MacDonald, Noni E; Smith, Jennifer; Appleton, Mary

    2012-09-01

    For decades vaccine program managers and governments have devoted many resources to addressing public vaccine concerns, vaccine risk perception, risk management and safety assessment. Despite ever growing evidence that vaccines are safe and effective, public concerns continue. Education and evidence based scientific messages have not ended concerns. How can governments and programs more effectively address the public's vaccine concerns and increase confidence in the vaccine safety system? Vaccination hesitation has been attributed to concerns about vaccine safety, perceptions of high vaccine risks and low disease risk and consequences. Even when the public believes vaccines are important for protection many still have concerns about vaccine safety. This overview explores how heuristics affect public perception of vaccines and vaccine safety, how the public finds and uses vaccine information, and then proposes strategies for changes in the approach to vaccine safety communications. Facts and evidence confirming the safety of vaccines are not enough. Vaccine beliefs and behaviours must be shaped. This will require a shift in the what, when, how and why of vaccine risk and benefit communication content and practice. A change to a behavioural change strategy such as the WHO COMBI program that has been applied to disease eradication efforts is suggested. Copyright © 2011. Published by Elsevier Ltd.. All rights reserved.

  13. Uncertain Governance and Resilient Subjects in the Risk Society

    Directory of Open Access Journals (Sweden)

    Pat O'Malley

    2013-04-01

    Full Text Available Over the past decade or so, a series of new or revitalised strategies have been promoted to govern the highly uncertain threats that risk appears no longer able to prevent. Most owe their ascendancy to the lessons of 9/11, and the ‘bureaucratising of imagination’ that US sources have proposed as a response, by centring the possible, or even merely imaginable, rather than the statistically probable. Precaution, preparedness and speculative pre-emption have been particularly prominent, although new hybrid statistical and speculative techniques have broadened risk techniques to cope with labile conditions of high uncertainty. But while diverse, each establishes a negative and defensive framework of ‘freedom from’ that has been associated with creating a ’neurotic subject’. In the past decade, programs of resilience, and particularly resiliency training, have been developed with the aim of creating subjects able to thrive and prosper under conditions of extreme uncertainty. They constitute a form of governance promoting a positive ‘freedom to’. Reflecting many of the assumptions and goals of neo-liberal politics, resiliency has already emerged as a principal technology for military and business, and may be the answer to the neo-liberal dream of a society of extreme entrepreneurs. Durante la última década, se han promovido varias estrategias nuevas o renovadas destinadas a gestionar amenazas que el riesgo ya no parece capaz de prevenir. La mayoría deben su predominancia a las lecciones aprendidas tras el 11-S, y la “burocratización de la imaginación” que las fuentes estadounidenses han propuesto como respuesta, predominando lo posible, o incluso simplemente lo imaginable, por encima de lo estadísticamente probable. Han predominado la precaución, preparación y especulación preventivas, aunque las nuevas técnicas estadísticas y especulativas híbridas han ampliado las técnicas de riesgo para hacer frente a las

  14. A meta-level analysis of major trends in environmental health risk governance

    NARCIS (Netherlands)

    Runhaar, H.A.C.; Driessen, P.P.J.; Bree, L. van; Sluijs, J.P. van der

    2010-01-01

    Internationally but also within countries, large differences exist regarding how environmental health risks (EHRs) are governed. Despite these differences, at a meta-level some general trends can be discerned that may point to a convergence of EHR governance regimes. One, EHR governance regimes are

  15. Risk Management in Future Romanian E-Government 2.0 Projects

    Directory of Open Access Journals (Sweden)

    Didraga Otniel

    2015-08-01

    Full Text Available E-government public services in Romania must follow unitary procedures considering the new requirements of the European Union from the Digital Agenda for Europe Strategy 2020. E-government 2.0 has to be implemented because of the cultural and behavioral transformations in the interaction between governments and users of e-services. E-government 2.0 projects use tools and techniques of social media to accomplish their goals. This article examines the possible risk categories and the risk management procedures needed to mitigate risks in future Romanian e-government projects, according to the strategic lines of development for the Digital Agenda. We propose a risk management plan for the e-government lines of action within the strategic lines of development that includes identifying, assessing, and mitigating the risks. New and modernized government services through e-government 2.0 projects that apply risk management will bring a significant improvement in how citizens and businesses relate to government and will increase the use of e-government services.

  16. People's responses to risks of electromagnetic fields and trust in government policy: the role of perceived risk, benefits and control

    NARCIS (Netherlands)

    Dongen, D.; Claassen, L.; Smid, T.; Timmermans, D.R.M.

    2013-01-01

    Trust in government policy affects the way people perceive and handle risks. In our study, we investigated the relationships between trust in government policy regarding electromagnetic fields (EMF), perceived risk and perceived benefits of public and personal EMF sources, perceived control over

  17. Governing risks and benefits: Mobile communication technologies in British universities

    OpenAIRE

    Howarth, Anita; Fernández, Gemma Martínez

    2014-01-01

    Mobile communication technologies (MCTs) pose new opportunities and challenges to university governance. Not only are the devices widespread, they have particular capabilities and constantly changing uses which makes any governing of them difficult. Furthermore most devices are individually owned. Thus universities are unable to directly control how they are used but do have a duty of care towards those learning and teaching within their spaces. This article outlines preliminary findings on h...

  18. Environmental Health Risk Governance in Practice: Lessons Learned from a Flemish Case Study Approach

    NARCIS (Netherlands)

    Stassen, K.R.; Leroy, P.; Gislason, M.K.

    2013-01-01

    PURPOSE: Risk governance is being successfully inserted into scientific and political agendas as a way to understand and address complex problems, such as health problems that have both social and ecological dimensions. However, to date, the debate on risk governance has remained rather conceptual.

  19. Auditing Social Media A Governance and Risk Guide

    CERN Document Server

    MOAC

    2011-01-01

    This book provides auditors and risk managers with a primer on social media.  It discusses what social media is, how it is being used as a tool within corporations, and how it should be monitored.  In addition, it discusses the various risks involved with the use of social media (e.g., reputation/brand risk; compliance risks; proprietary information risks; employee privacy risks; and vendor risks).    It also discusses compliance with Federal Trade Commission guidelines (e.g., education and disclosure requirements as well as audit and record keeping requirements). 

  20. Emergency response and nuclear risk governance. Nuclear safety at nuclear power plant accidents; Notfallschutz und Risk Governance. Zur nuklearen Sicherheit bei Kernkraftwerksunfaellen

    Energy Technology Data Exchange (ETDEWEB)

    Kuhlen, Johannes

    2014-07-01

    The present study entitled ''Emergency Response and Nuclear Risk Governance: nuclear safety at nuclear power plant accidents'' deals with issues of the protection of the population and the environment against hazardous radiation (the hazards of nuclear energy) and the harmful effects of radioactivity during nuclear power plant accidents. The aim of this study is to contribute to both the identification and remediation of shortcomings and deficits in the management of severe nuclear accidents like those that occurred at Chernobyl in 1986 and at Fukushima in 2011 as well as to the improvement and harmonization of plans and measures taken on an international level in nuclear emergency management. This thesis is divided into a theoretical part and an empirical part. The theoretical part focuses on embedding the subject in a specifically global governance concept, which includes, as far as Nuclear Risk Governance is concerned, the global governance of nuclear risks. Due to their characteristic features the following governance concepts can be assigned to these risks: Nuclear Safety Governance is related to safety, Nuclear Security Governance to security and NonProliferation Governance to safeguards. The subject of investigation of the present study is as a special case of the Nuclear Safety Governance, the Nuclear Emergency governance, which refers to off-site emergency response. The global impact of nuclear accidents and the concepts of security, safety culture and residual risk are contemplated in this context. The findings (accident sequences, their consequences and implications) from the analyses of two reactor accidents prior to Fukushima (Three Mile Iceland in 1979, Chernobyl in 1986) are examined from a historical analytical perspective and the state of the Nuclear Emergency governance and international cooperation aimed at improving nuclear safety after Chernobyl is portrayed by discussing, among other topics, examples of &apos

  1. Occupational safety and health management and risk governance

    NARCIS (Netherlands)

    Dijkman, A.; Terwoert, J.

    2014-01-01

    The advancement in new technologies, substances and new ways of working make it necessary to look beyond traditional methods of risk management. General drivers to emerging occupational safety and health (OSH) risks are: globalisation; demographic changes; technical innovations; changes in risk

  2. Pengaruh Mekanisme Corporate Governance Terhadap Pelaksanaan Enterprise Risk Manegement pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia

    OpenAIRE

    Sitinjak, Mauritz P I

    2016-01-01

    This study aimed to examine the effect of corporate governance mechanism on the implementation of enterprise risk management. Variable corporate governance mechanism in this study consisted of, independent board, board size and audit committee size. The population in this research is manufacturing companies that listed in Indonesia Stock Exchange 2013-2014 period. Sample selection is done by purposive sampling method so that samples obtained for this study amounted to 89 companies. Data an...

  3. Long term government debt, financial fragility, and sovereign default risk

    NARCIS (Netherlands)

    van der Kwaak, C.; van Wijnbergen, S.

    2013-01-01

    We analyze the interaction between bank rescues, financial fragility and sovereign debt discounts. To that end we set up a model that contains balance sheet constrained financial intermediaries financing both capital expenditure of intermediate goods producers and government deficits. The financial

  4. Information security governance: a risk assessment approach to health information systems protection.

    Science.gov (United States)

    Williams, Patricia A H

    2013-01-01

    It is no small task to manage the protection of healthcare data and healthcare information systems. In an environment that is demanding adaptation to change for all information collection, storage and retrieval systems, including those for of e-health and information systems, it is imperative that good information security governance is in place. This includes understanding and meeting legislative and regulatory requirements. This chapter provides three models to educate and guide organisations in this complex area, and to simplify the process of information security governance and ensure appropriate and effective measures are put in place. The approach is risk based, adapted and contextualized for healthcare. In addition, specific considerations of the impact of cloud services, secondary use of data, big data and mobile health are discussed.

  5. Corporate governance of the state-owned enterprises in an emerging country: Risk management and related issues

    Directory of Open Access Journals (Sweden)

    Noluthando Shirley Matsiliza

    2017-07-01

    Full Text Available This article assesses the extent to which state owned enterprises (SOE have complied with corporate governance codes, as recommended by King III in South Africa. Corporate governance in the post-apartheid era has changed irrevocably. The development path which is the agenda to transform state owned enterprises has been a trial and error (trend in South Africa. This paper argues that the South African State Owned Enterprises (SOEs have applied the King III principles of corporate governance, while grappling with structural changes that impact in their practice regarding their organisational performance on risk and corporate governance. Along with regulatory measures on corporate governance, the SOEs are looking at strategies to translate the concept of corporate governance into practical solutions that involve stakeholders and government support. Using a qualitative approach, this theoretical paper employed document analysis for data collection and analysis. This paper calls for more risk intelligent management of agencies so that future opportunities and threats are recognized and addressed promptly and effectively. The value of this paper is based on its contribution to the existing knowledge area on corporate governance and leadership

  6. Aid and good governance: Examining aggregate unintended effects of aid.

    Science.gov (United States)

    Dijkstra, Geske

    2018-06-01

    Although donors generally aim to improve governance in recipient countries by various means, critics claim that the aggregate effect of large aid flows is the deterioration of governance. Aid is said to weaken domestic accountability, sustain authoritarian regimes, increase political instability, weaken government capacities, and increase corruption. Conducting a systematic search in Web of Science, this paper reviews the empirical evidence for these unintended aggregate effects of aid on the political, administrative, and judicial dimensions of good governance. It finds that the negative effects of aid on governance are much exaggerated. The aggregate effect of aid on democracy has become more positive after the Cold War, and the effect of aid on government capacity and on reducing corruption has also improved over time. Furthermore, most studies show a positive effect of aid on political stability. These findings imply that donor intentions matter: donors that are serious about their intended effects on governance are able to mitigate the possible negative unintended effects of their aid. Copyright © 2017 Elsevier Ltd. All rights reserved.

  7. Perceived Effectiveness of Information Technology Governance Initiatives Among IT Practitioners

    Directory of Open Access Journals (Sweden)

    Wil Ly Teo

    2013-07-01

    Full Text Available Information Technology (IT governance has risen in importance in recent years, driven by various trends in IT development. With rapid growth in the country and the globalization of the IT sector, there is growing interest in IT governance in Malaysia. This study aims to explore whether IT practitioners with different job functions, education levels, education areas of specialization, certifications and experience levels have different perceptions of IT governance effectiveness in their organization. The results reveal differences in perceived IT governance effectiveness between different job function groups, but not between groups with different education levels, certification or experience levels. The findings for education area of specialization are not conclusive. The findings of this study will help IT managers to identify areas of focus to maximize effectiveness of IT governance initiatives through their IT staff. The implications of the findings are discussed at the end of the paper.

  8. Food risks and consumer trust : European governance of Avian influenza

    NARCIS (Netherlands)

    Krom, de M.P.M.M.

    2010-01-01

    During the 1990s, many European countries faced one or more food crises, such as bovine spongiform encephalopathy (BSE), E. coli, dioxin residues, and foot-and-mouth disease. These crises were marked by a growing public recognition of food-related risks and the changing nature of these risks, and

  9. Coordinated risk management for supply chain and government

    NARCIS (Netherlands)

    Pourakbar, M.; Zuidwijk, R.A.; Veenstra, A.; Lucassen, I.

    2012-01-01

    This paper aims at studying the coordination of governmental actors, such as customs, and supply chain partners in order to mitigate risks. To do so the concepts of supply chain visibility and data pipeline are briefly revisited. Then the result of a survey, highlighting the risk coordination

  10. The Effects of Good Governance and Education on Economic ...

    African Journals Online (AJOL)

    The Effects of Good Governance and Education on Economic Stability and Growth in Nigeria. ... PROMOTING ACCESS TO AFRICAN RESEARCH ... that engenders national consciousness, political reconstruction/participation and economic growth/stability, in addition to providing the structure and function of government.

  11. Discursive junctions in flood risk governance - A comparative understanding in six European countries.

    Science.gov (United States)

    Kaufmann, Maria; Wiering, Mark

    2017-07-01

    Flood risks are managed differently across Europe. While a number of research studies aim to understand these differences, they tend to pay little attention to the social constructionist aspects of flood risk governance, i.e. the meaning that societies give to flood risk and governance. This paper aims to address this gap by understanding differences in flood risk management approaches (FRMA) from a discursive-institutional perspective. Based on this perspective, an analytical framework was developed to systematically analyse and compare discourses pertaining to flood risk and its governance in six European member states (England (the United Kingdom), Flanders (Belgium), France, the Netherlands, Poland and Sweden). Correspondingly, this paper demonstrates how the hegemonic discursive-institutional patterns of flood risk governance differ between the six European countries. These differences may influence the capability of countries to learn from each other, adopt new FRMAs or cooperate with each other. Moreover, the paper argues that differences in discourses partially account for the differences in FRMAs between countries, combined with other factors. Additionally, broader implications are discussed. For example, the research findings imply that some discourses tend to favour or disfavour other discourses, and that they additionally also tend to favour particular FRMAs; e.g. the flood risk discourse pertaining to high manageability of risks seems to favour a governance discourse of collectivity and central governance. The different insights imply that further research is necessary to understand the complex interaction of discourses and institutional arrangements. Copyright © 2017 Elsevier Ltd. All rights reserved.

  12. Engaging with Comparative Risk Appraisals: Public Views on Policy Priorities for Environmental Risk Governance.

    Science.gov (United States)

    Rocks, Sophie A; Schubert, Iljana; Soane, Emma; Black, Edgar; Muckle, Rachel; Petts, Judith; Prpich, George; Pollard, Simon J

    2017-09-01

    Communicating the rationale for allocating resources to manage policy priorities and their risks is challenging. Here, we demonstrate that environmental risks have diverse attributes and locales in their effects that may drive disproportionate responses among citizens. When 2,065 survey participants deployed summary information and their own understanding to assess 12 policy-level environmental risks singularly, their assessment differed from a prior expert assessment. However, participants provided rankings similar to those of experts when these same 12 risks were considered as a group, allowing comparison between the different risks. Following this, when individuals were shown the prior expert assessment of this portfolio, they expressed a moderate level of confidence with the combined expert analysis. These are important findings for the comprehension of policy risks that may be subject to augmentation by climate change, their representation alongside other threats within national risk assessments, and interpretations of agency for public risk management by citizens and others. © 2017 The Authors Risk Analysis published by Wiley Periodicals, Inc. on behalf of Society for Risk Analysis.

  13. MAVEN Information Security Governance, Risk Management, and Compliance (GRC): Lessons Learned

    Science.gov (United States)

    Takamura, Eduardo; Gomez-Rosa, Carlos A.; Mangum, Kevin; Wasiak, Fran

    2014-01-01

    As the first interplanetary mission managed by the NASA Goddard Space Flight Center, the Mars Atmosphere and Volatile EvolutioN (MAVEN) had three IT security goals for its ground system: COMPLIANCE, (IT) RISK REDUCTION, and COST REDUCTION. In a multiorganizational environment in which government, industry and academia work together in support of the ground system and mission operations, information security governance, risk management, and compliance (GRC) becomes a challenge as each component of the ground system has and follows its own set of IT security requirements. These requirements are not necessarily the same or even similar to each other's, making the auditing of the ground system security a challenging feat. A combination of standards-based information security management based on the National Institute of Standards and Technology (NIST) Risk Management Framework (RMF), due diligence by the Mission's leadership, and effective collaboration among all elements of the ground system enabled MAVEN to successfully meet NASA's requirements for IT security, and therefore meet Federal Information Security Management Act (FISMA) mandate on the Agency. Throughout the implementation of GRC on MAVEN during the early stages of the mission development, the Project faced many challenges some of which have been identified in this paper. The purpose of this paper is to document these challenges, and provide a brief analysis of the lessons MAVEN learned. The historical information documented herein, derived from an internal pre-launch lessons learned analysis, can be used by current and future missions and organizations implementing and auditing GRC.

  14. Views from the Frontline: A critical assessment of local risk governance in South Africa

    Directory of Open Access Journals (Sweden)

    Doret Botha

    2013-02-01

    Full Text Available In 2005 the United Nations International Strategy for Disaster Reduction introduced the ‘Hyogo Framework for Action’ (HFA aimed at mainstreaming disaster risk reduction. Subsequently, the ‘Global Network for Disaster Reduction’ (GNDR was formed to support the implementation of the HFA. The GNDR initiated a country-based, international research project called ‘Views from the Frontline’ (VFL in order to measure progress at local level in terms of compliance with the HFA. The VFL 2011 project focused on local risk governance, which is critical for effective implementation of policy and provision of resources at grassroots level. This article provides insight into the findings for South Africa. The project made use of quantitative and qualitative data. Quantitative data was gathered by means of a survey and/or questionnaire consisting of 20 questions on ‘indicators’ which assessed progress toward the goals of the HFA. The surveys also provided for qualitative commentary. The target population for this research consisted of local government officials and community representatives. Based on the quantitative scores for all the different indicators, the research showed that South Africa could still improve significantly in terms of compliance with the HFA. More attention must be given to operationalise the HFA at local level, a culture of safety must be fostered, local actors and communities must be involved directly and consulted, indigenous knowledge must be recognised, and significant capacity development for disaster risk reduction is necessary.

  15. Towards a diversification of Flood Risk Management in Europe: an exploration of governance challenges

    NARCIS (Netherlands)

    Dieperink, C.; Hegger, D.L.T.; Bakker, M.H.N.; Driessen, P.P.J.

    2014-01-01

    In order to make European regions more resilient to flood risks a broadening of Flood Risk Management strategies (FRMSs) might be necessary. The development and implementation of FRMSs like risk prevention, flood defence, mitigation, preparation and recovery is a matter of governance, a process of

  16. A framework for profiling the characteristics of risk governance in diverse European natural hazard contexts

    Science.gov (United States)

    Walker, G.; Tweed, F.

    2012-04-01

    Risks are always managed within a broader context of relationships between governments, citizens, civil society and private business; these relationships shift and evolve over time with changing political currents and economic conditions. In Europe over the past 20 years or so, there has been a move away from government towards a broader practice of 'governance', a shift that is as relevant to the handling of natural hazards as it is to other societal concerns such as housing, economic regeneration or transport. Key characteristics of this change include the emergence of multi-level governance processes and the 'hollowing out' of the nation state; moves away from the exercise of centralised authority towards the involvement and collaboration of a multiplicity of actors specific to each policy area; the creation of new forms of authority and control; and changing distributions of responsibilities between the state and other actors. However, the extent to which these shifts have taken place across the full diversity of European national contexts and can be observed specifically in relation to the governance of natural hazards is open to analysis and debate. In this paper, we propose a framework for profiling risk governance approaches in relation to key characteristics identified in both the general governance literature and in more specific work on risk governance. This framework can be flexibly applied in relation to a specific hazard and national/regional context and enables qualitative profiling across a spectrum of nine governance characteristics. Past trends and likely future changes can also be represented. We discuss the formulation of this framework as well as illustrating how it can be used in a process of discussion and debate about risk governance issues. We provide examples of the ways in which the profiling approach can enable comparison between risk governance contexts and approaches, and how it can be used in a variety of potential settings.

  17. Managing risk in nanotechnology topics in governance, assurance and transfer

    CERN Document Server

    McAlea, Eamonn; Mullins, Martin

    2016-01-01

    This book aims to address how nanotechnology risks are being addressed by scientists, particularly in the areas of human health and the environment and how these risks can be measured in financial terms for insurers and regulators. It provides a comprehensive overview of nanotechnology risk measurement and risk transfer methods, including a chapter outlining how Bayesian methods can be used. It also examines nanotechnology from a legal perspective, both current and potential future outcomes. The global market for nanotechnology products was valued at $22.9 billion in 2013 and increased to about $26 billion in 2014. This market is expected to reach about $64.2 billion by 2019, a compound annual growth rate (CAGR) of 19.8% from 2014 to 2019. Despite the increasing value of nanotechnologies and their widespread use, there is a significant gap between the enthusiasm of scientists and nanotechnology entrepreneurs working in the nanotechnology space and the insurance/regulatory sector. Scientists are scarcely aware...

  18. Experts and expertise in the governance of infrastructures : Flood-risk management as an example

    NARCIS (Netherlands)

    Broekhans, B.; Ruijgh-Van der Ploeg, M.P.M.

    2012-01-01

    The current focus on risk-based approaches to the governance of technology poses new challenges to the combined effort of policymakers and experts since the current worlds of technology and governance are very different. We make use of two hegemonic perspectives in these worlds, i.e. the systems and

  19. Risk regulation and deliberation in EU administrative governance: GMO regulation and its reform

    NARCIS (Netherlands)

    Weimer, M.

    2015-01-01

    The article analyses the problems of EU risk regulation of genetically modified organisms (GMOs) through the lens of deliberative theories of EU law and governance, such as deliberative supranationalism and experimentalist governance. Previous research had suggested that the GMO issue is not

  20. Citizen involvement in flood risk governance: flood groups and networks

    Directory of Open Access Journals (Sweden)

    Twigger-Ross Clare

    2016-01-01

    Full Text Available Over the past decade has been a policy shift withinUK flood risk management towards localism with an emphasis on communities taking ownership of flood risk. There is also an increased focus on resilience and, more specifically, on community resilience to flooding. This paper draws on research carried out for UK Department for Environment Food and Rural Affairs to evaluate the Flood Resilience Community Pathfinder (FRCP scheme in England. Resilience is conceptualised as multidimensional and linked to exisiting capacities within a community. Creating resilience to flooding is an ongoing process of adaptation, learning from past events and preparing for future risks. This paper focusses on the development of formal and informal institutions to support improved flood risk management: institutional resilience capacity. It includes new institutions: e.g. flood groups, as well as activities that help to build inter- and intra- institutional resilience capacity e.g. community flood planning. The pathfinder scheme consisted of 13 projects across England led by local authorities aimed at developing community resilience to flood risk between 2013 – 2015. This paper discusses the nature and structure of flood groups, the process of their development, and the extent of their linkages with formal institutions, drawing out the barriers and facilitators to developing institutional resilience at the local level.

  1. Building Effective Water Governance in the Asian Highlands | CRDI ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Building Effective Water Governance in the Asian Highlands ... This project is funded through IDRC's Adaptation Research Initiative in Asia (ARI-Asia) ... Kunming Institute of Botany, Chinese Academy of Sciences as represented by Sun Hang.

  2. Credit Booms and Busts in Emerging Markets: The Role of Bank Governance and Risk Management

    OpenAIRE

    Brown, Martin; Andries, Alin Marius

    2014-01-01

    This paper investigates to what extent risk management and corporate governance mitigate the involvement of banks in credit boom and bust cycles. Using a unique, hand-collected dataset on 156 banks from Central and Eastern Europe during 2005-2012, we assess whether banks with stronger risk management and corporate governance display more moderate credit growth in the pre-crisis credit boom as well as a smaller credit contraction and fewer credit losses in the crisis period. With respect to ba...

  3. Firm Risk and Performance: The Role of Corporate Governance of Digi Telecommunication Berhad

    OpenAIRE

    Kiew, sockyan

    2017-01-01

    The purpose of this study is to examine the corporate governance, the impacts of firm performances and risk for telecommunication industry. This review additionally analysis the value of profitability and liquidity ratio. The research involved the relationship between the corporate governance, performances of company and the risk of Digi Telecommunication Berhad within a five year period which from 2011 until 2015. The companies were from the telecommunications sector and the data was obtai...

  4. Trachoma Prevalence and Risk Factors in Eight Local Government ...

    African Journals Online (AJOL)

    A regression analysis, however, showed that only access to latrine and knowledge of trachoma prevention remained significantly protective (OR < 1, P < 0.05). Conclusion: The risk factors for trachoma are endemic in the study areas, and active control measures are needed. The burden of the disease is, however, clustered ...

  5. Accommodating the Challenges of Climate Change Adaptation and Governance in Conventional Risk Management: Adaptive Collaborative Risk Management (ACRM)

    OpenAIRE

    Bradley May; Ryan Plummer

    2011-01-01

    Risk management is a well established tool for climate change adaptation. It is facing new challenges with the end of climate stationarity and the need to meaningfully engage people in governance issues. The ways in which conventional approaches to risk management can respond to these challenges are explored. Conventional approaches to risk management are summarized, the manner in which they are being advanced as a tool for climate change adaptation is described, and emerging themes in risk m...

  6. European Community research on improving the governance of nuclear waste management and other risks

    International Nuclear Information System (INIS)

    Forsstroem, H.; Kelly, N.

    2002-01-01

    Increasing attention is being given to broader socio-economic issues (eg, science and society, governance of risk, etc) within the European Commission's research programmes. This reflects the recognition of the importance of such issues for science policy and decision making with respect to nuclear and other technologies. This paper summarises those projects, supported by the Commission's Euratom research programme, which focus on socio-economic as opposed to narrower technical issues. These projects are concerned with risk governance in general, the governance of nuclear waste management and stakeholder involvement in the off-site management of accidents. (author)

  7. Are Soil Pollution Risks Established by Governments the Same as Actual Risks?

    International Nuclear Information System (INIS)

    Reijnders, L.

    2010-01-01

    Though soil pollution policies in North America and the European Union increasingly use risk-based standards, the construction and application of such standards are often deficient in taking account of actual risks. Standards refer to total concentrations of substances and not to the biologically available amount. A number of countries neglect -background exposure, and assumptions regarding routes of exposure to soil pollution can be very different and at variance with empirical data. Recent dose-effect studies are neglected in a number of cases. The application of standards does not take account of the overall risk of soil pollution but rather leads to the decision whether or not there is violation of at least one standard for a specified (group of) substance(s). Standards for soil pollutants are often based on the assumption that only effect addition can occur, whereas dose addition, antagonism and synergism, and indirect effects may in fact apply. Several remedies for current shortcomings are proposed

  8. Differential effects of plural ownership and governance mechanisms in limiting shirkers and free riders

    OpenAIRE

    Silkoset, Ragnhild; Nygaard, Arne; Kidwell, Roland E.

    2016-01-01

    Using evidence from paired franchisor-franchisee dyads, this study identifies how plural formed ownership mechanisms curb the risk of shirking and free riding in franchise systems. These risks have damaging effects on the invested capital of franchisee entrepreneurs. Although shirking and free riding produce a major source of uncertainty for the franchisee entrepreneur it can be limited by plural formed governance dimensions. These mechanisms have different effects based on unit status,...

  9. Firm Risk And Performance The Role Of Corporate Governance

    OpenAIRE

    Mohd Nor, Nor Syazlinda

    2017-01-01

    The reason for this review tried to look at the performance of Sunway Real Estate Investment Trust (REIT) with particular risk variables and macroeconomic component on productivity execution. The information is acquired from annual report of Sunway REIT from year 2011-2015. The estimation of liquidity proportion and working proportion used to see the general execution of Sunway REIT in 5 years which supposedly past benchmark. To see the relationship of dangers variables to the ...

  10. Governance-Default Risk Relationship and the Demand for Intermediated and Non-Intermediated Debt

    Directory of Open Access Journals (Sweden)

    Husam Aldamen

    2012-09-01

    Full Text Available This paper explores the impact of corporate governance on the demand for intermediated debt (asset finance, bank debt, non-bank private debt and non-intermediated debt (public debt in the Australian debt market. Relative to other countries the Australian debt market is characterised by higher proportions of intermediated or private debt with a lower inherent level of information asymmetry in that private lenders have greater access to financial information (Gray, Koh & Tong 2009. Our firm level, cross-sectional evidence suggests that higher corporate governance impacts demand for debt via the mitigation of default risk. However, this relationship is not uniform across all debt types. Intermediated debt such as bank and asset finance debt are more responsive to changes in governance-default risk relationship than non-bank and non-intermediated debt. The implication is that a firm’s demand for different debt types will reflect its governance-default risk profile.

  11. Governance of flood risks in The Netherlands: Interdisciplinary research into the role and meaning of risk perception

    NARCIS (Netherlands)

    Wit, M.S. de; Most, H. van der; Guttcling, J.M.; Bockatjova, M.

    2009-01-01

    The policy on flood risk management in The Netherlands is in transition from a prevention-based approach towards a governance approach, which involves all elements of the safety chain. This implies that many more actors become involved, each with their own perception of the risks. This paper reports

  12. Business continuity and risk management at a strategic level: Case study of the Flemish government.

    Science.gov (United States)

    Bouve, Joris; Steens, Herman-Peter; Ruebens, Martin

    2018-01-01

    The Flemish government comprises a number of different departments and agencies with the autonomy to optimise their service level in a proactive and resilient manner. Recently, the Flemish government defined four organisational values: openness, decisiveness, trust and agility. In addition, the Internal Audit Agency developed guidelines concerning internal control and organisational management, in which risk management was emphasised. In combination with goal setting and process management, this paper considers risk management as a starting point for the overall management of Flemish government entities. The paper then develops tools to support the establishment of business continuity and risk management processes. These tools fit into the organisation's strategic framework and are easy to understand, pragmatically designed and flexible in their use. The paper goes on to illustrate how the Department of the Chancellery and Public Governance is implementing BCM and risk management, and how it is integrating BCM, risk management and crisis management. It will then focus on the Flemish government's long-term strategy across the boundaries between the different entities and the question of how risk management can become a useful tool for policy makers.

  13. Emergency response and nuclear risk governance. Nuclear safety at nuclear power plant accidents

    International Nuclear Information System (INIS)

    Kuhlen, Johannes

    2014-01-01

    The present study entitled ''Emergency Response and Nuclear Risk Governance: nuclear safety at nuclear power plant accidents'' deals with issues of the protection of the population and the environment against hazardous radiation (the hazards of nuclear energy) and the harmful effects of radioactivity during nuclear power plant accidents. The aim of this study is to contribute to both the identification and remediation of shortcomings and deficits in the management of severe nuclear accidents like those that occurred at Chernobyl in 1986 and at Fukushima in 2011 as well as to the improvement and harmonization of plans and measures taken on an international level in nuclear emergency management. This thesis is divided into a theoretical part and an empirical part. The theoretical part focuses on embedding the subject in a specifically global governance concept, which includes, as far as Nuclear Risk Governance is concerned, the global governance of nuclear risks. Due to their characteristic features the following governance concepts can be assigned to these risks: Nuclear Safety Governance is related to safety, Nuclear Security Governance to security and NonProliferation Governance to safeguards. The subject of investigation of the present study is as a special case of the Nuclear Safety Governance, the Nuclear Emergency governance, which refers to off-site emergency response. The global impact of nuclear accidents and the concepts of security, safety culture and residual risk are contemplated in this context. The findings (accident sequences, their consequences and implications) from the analyses of two reactor accidents prior to Fukushima (Three Mile Iceland in 1979, Chernobyl in 1986) are examined from a historical analytical perspective and the state of the Nuclear Emergency governance and international cooperation aimed at improving nuclear safety after Chernobyl is portrayed by discussing, among other topics, examples of &apos

  14. Risk, security and technology: governing football supporters in the twenty-first century

    NARCIS (Netherlands)

    Spaaij, R.

    2013-01-01

    This paper critically examines the security and risk management technologies that are being used to conduct and pre-empt the behaviour of football supporters. It is shown how, in the Netherlands, pre-emptive risk management in the governing of football supporters involves a dispersed and fragmented

  15. Effectiveness of groundwater governance structures and institutions in Tanzania

    Science.gov (United States)

    Gudaga, J. L.; Kabote, S. J.; Tarimo, A. K. P. R.; Mosha, D. B.; Kashaigili, J. J.

    2018-05-01

    This paper examines effectiveness of groundwater governance structures and institutions in Mbarali District, Mbeya Region. The paper adopts exploratory sequential research design to collect quantitative and qualitative data. A random sample of 90 groundwater users with 50% women was involved in the survey. Descriptive statistics, Kruskal-Wallis H test and Mann-Whitney U test were used to compare the differences in responses between groups, while qualitative data were subjected to content analysis. The results show that the Village Councils and Community Water Supply Organizations (COWSOs) were effective in governing groundwater. The results also show statistical significant difference on the overall extent of effectiveness of the Village Councils in governing groundwater between villages ( P = 0.0001), yet there was no significant difference ( P > 0.05) between male and female responses on the effectiveness of Village Councils, village water committees and COWSOs. The Mann-Whitney U test showed statistical significant difference between male and female responses on effectiveness of formal and informal institutions ( P = 0.0001), such that informal institutions were effective relative to formal institutions. The Kruskal-Wallis H test also showed statistical significant difference ( P ≤ 0.05) on the extent of effectiveness of formal institutions, norms and values between low, medium and high categories. The paper concludes that COWSOs were more effective in governing groundwater than other groundwater governance structures. Similarly, norms and values were more effective than formal institutions. The paper recommends sensitization and awareness creation on formal institutions so that they can influence water users' behaviour to govern groundwater.

  16. Effect of Government-Community Healthcare Co-Financing on ...

    African Journals Online (AJOL)

    BACKGROUND: Effective maternal and child healthcare delivery requires a proper and adequate funding of the health sector. OBJECTIVE: To determine the effect of government-community healthcare co-financing on maternal and child healthcare services' delivery. METHODS: A descriptive, cross-sectional study with an ...

  17. GOVERNMENT REGULATION OF THE ECONOMY: RISKS AND PROSPECTS

    Directory of Open Access Journals (Sweden)

    A. N. Rjahovskaja

    2015-01-01

    Full Text Available The efficiency of state regulation of the economy by the example of the Russian power industry and utilities, the reasons for the negative results, the validity of the concepts, analyzes the conceptual elements of the reform, the expected and the resulting effect, the reasons for failure and return to the state in the housing sector. Particular attention is given to certain aspects of the functioning of self-regulation institute inRussia. 

  18. Constructing post-carbon institutions: Assessing EU carbon reduction efforts through an institutional risk governance approach

    International Nuclear Information System (INIS)

    LaBelle, Michael

    2012-01-01

    This paper examines three different governance approaches the European Union (EU) and Member States (MS) are relying on to reach a low carbon economy by 2050. Current governance literature explains the operational methods of the EU's new governance approach to reduce carbon emissions. However, the literature neglects to account for the perceived risks that inhibit the roll-out of new low carbon technology. This article, through a novel approach, uses a grounded theoretical framework to reframe traditional risk literature and provides a connection to governance literature in order to assess the ability of EU governance mechanisms to reduce carbon emissions. The empirical research is based on responses from European energy stakeholders who participated in a Delphi method discussion and in semi-structured interviews; these identified three essential requirements for carbon emissions to be reduced to near zero by 2050: (1) an integrated European energy network, (2) carbon pricing and (3) demand reduction. These features correspond to institutionalized responses by the EU and MS: the Agency for the Cooperation of Energy Regulators (ACER); European Union Emission Trading Scheme (EU ETS) and energy efficiency directives and policies integrated into existing MS institutions. The theoretical and empirical findings suggest that governance by facilitation (energy efficiency) fails to induce significant investment and new policy approaches and cannot be relied on to achieve requisite reductions in demand. Governance by negotiation (ACER) and governance by hierarchy (EU ETS) do reduce risks and may encourage the necessary technological uptake. The term ‘risk governance’ is used to explain the important role governance plays in reducing risks and advancing new technology and thereby lowering carbon emissions in the energy sector. - Highlights: ► This article assesses the role of EU institutions in reducing carbon emissions by 2050. ► Empirical research is based on Delphi

  19. The acceptance of mobile government from a citizens’ perspective: Identifying perceived risks and perceived benefits

    DEFF Research Database (Denmark)

    Ohme, Jakob

    2014-01-01

    and citizens. There are many examples of failures of early e-government projects due to a lack of consideration of users’ requirements. Against this background, this article tries to contribute to governmental communication processes by addressing the driving factors influencing the acceptance of mobile......-government is significantly influenced by both, factors users see as a benefit but also by factors of perceived risks....

  20. RESEARCH ON RISK MANAGEMENT, AS PART OF CORPORATE GOVERNANCE, IN ENTITIES

    Directory of Open Access Journals (Sweden)

    Florin\tBOGHEAN

    2015-06-01

    Full Text Available The Romanian companies are nowadays facing process of extinction of decisions based on risk and uncertainty, as a consequence of the permanent transforming process of the economy and because of the privatization, restructuring and globalization activities. The main forms of risk are can be grouped in eight categories: economical risks, financial risks, commercial risks, manufacturing risks, political risks, social risks, juridical risks, natural risks. Through its nature the decision is referring to the future, mainly being provisional. In any decisional process developed at the company level, there are involved in the same time some economical, techniques, juridical, human and managerial variables. As a consequence of the decision (generally and of managerial decision (particularly, because of its complexity and its contextual deter in its growth there are associated many risks. The main objective of this paper is to capture the factors that influence the decisional process, in the context of the implementation of corporate governance in view of the company’s resources, production methods and its operational environment and the identification of decision making support systems. I consider that the study contributes to the development of knowledge in the risk management field associated with decision making processes in the context of efficient corporate governance, based on a series of new elements and authenticity.

  1. How Does Distress Acquisition Incentivized by Government Purchases of Distressed Loans Affect Bank Default Risk?

    Directory of Open Access Journals (Sweden)

    Jyh-Jiuan Lin

    2018-04-01

    Full Text Available The topic of bank default risk in connection with government bailouts has recently attracted a great deal of attention. In this paper, the question of how a bank’s default risk is affected by a distress acquisition is investigated. Specifically, the government provides a bailout program of distressed loan purchases for a strong bank to acquire a bank in distress. The acquirer bank may likely refuse the acquisition with a bailout when the amount of distressed loan purchases is large or the knock-out value of the acquired bank is high. When the acquirer bank realizes acquisition gains, the default risk in the consolidated bank’s equity return is negatively related to loan purchases, but positively to the knock-out value of the acquired bank. The government bailout, as such, in large part contributes to banking stability.

  2. Capability-Driven Design of Business Service Ecosystem to Support Risk Governance in Regulatory Ecosystems

    Directory of Open Access Journals (Sweden)

    Christophe Feltus

    2017-04-01

    Full Text Available Risk-based regulation and risk governance gain momentum in most sectorial ecosystems, should they be the finance, the healthcare or the telecommunications ecosystems. Although there is a profusion of tools to address this issue at the corporate level, worth is to note that no solution fulfils this function at the ecosystem level yet. Therefore, in this article, the Business Service Ecosystem (BSE metamodel is semantically extended, considering the Capability as a Service (CaaS theory, in order to raise the enterprise risk management from the enterprise level up to the ecosystem level. This extension allows defining a concrete ecosystem metamodel which is afterwards mapped with an information system risk management model to support risk governance at the ecosystem level. This mapping is illustrated and validated on the basis of an application case for the Luxembourgish financial sector applied to the most important concepts from the BSE: capability, resource, service and goal.

  3. EFFECTS OF CORPORATE GOVERNANCE VARIABLES ON EARNINGS MANAGEMENT IN INDONESIA

    Directory of Open Access Journals (Sweden)

    Stephanus Remond Waworuntu

    2017-03-01

    Full Text Available To determine the effects of corporate governance on earnings management, this paper analyzed 171 annualreports from issued 2006 to 2009 by 57 non-financial, joint stock companies implementing GCG (GoodCorporate Governance practices, which were listed on the Indonesia Stock Exchange (IDX. Six corporategovernance variables (board composition, independent commissioners, separate chairman/CEO roles, auditcommittee, managerial share ownership, and audit quality as well as three control variables (leverage, size,and ROA were used. The results showed that two corporate governance variables significantly influencedearnings management practices (separate chairman/CEO roles and managerial share ownership; the othervariables had no effect because these companies used GCG practices only to follow regulations rather than tomonitor and control.

  4. Successful conservation of global waterbird populations depends on effective governance.

    Science.gov (United States)

    Amano, Tatsuya; Székely, Tamás; Sandel, Brody; Nagy, Szabolcs; Mundkur, Taej; Langendoen, Tom; Blanco, Daniel; Soykan, Candan U; Sutherland, William J

    2018-01-11

    Understanding global patterns of biodiversity change is crucial for conservation research, policies and practices. However, for most ecosystems, the lack of systematically collected data at a global level limits our understanding of biodiversity changes and their local-scale drivers. Here we address this challenge by focusing on wetlands, which are among the most biodiverse and productive of any environments and which provide essential ecosystem services, but are also amongst the most seriously threatened ecosystems. Using birds as an indicator taxon of wetland biodiversity, we model time-series abundance data for 461 waterbird species at 25,769 survey sites across the globe. We show that the strongest predictor of changes in waterbird abundance, and of conservation efforts having beneficial effects, is the effective governance of a country. In areas in which governance is on average less effective, such as western and central Asia, sub-Saharan Africa and South America, waterbird declines are particularly pronounced; a higher protected area coverage of wetland environments facilitates waterbird increases, but only in countries with more effective governance. Our findings highlight that sociopolitical instability can lead to biodiversity loss and undermine the benefit of existing conservation efforts, such as the expansion of protected area coverage. Furthermore, data deficiencies in areas with less effective governance could lead to underestimations of the extent of the current biodiversity crisis.

  5. Successful conservation of global waterbird populations depends on effective governance

    Science.gov (United States)

    Amano, Tatsuya; Székely, Tamás; Sandel, Brody; Nagy, Szabolcs; Mundkur, Taej; Langendoen, Tom; Blanco, Daniel; Soykan, Candan U.; Sutherland, William J.

    2018-01-01

    Understanding global patterns of biodiversity change is crucial for conservation research, policies and practices. However, for most ecosystems, the lack of systematically collected data at a global level limits our understanding of biodiversity changes and their local-scale drivers. Here we address this challenge by focusing on wetlands, which are among the most biodiverse and productive of any environments and which provide essential ecosystem services, but are also amongst the most seriously threatened ecosystems. Using birds as an indicator taxon of wetland biodiversity, we model time-series abundance data for 461 waterbird species at 25,769 survey sites across the globe. We show that the strongest predictor of changes in waterbird abundance, and of conservation efforts having beneficial effects, is the effective governance of a country. In areas in which governance is on average less effective, such as western and central Asia, sub-Saharan Africa and South America, waterbird declines are particularly pronounced; a higher protected area coverage of wetland environments facilitates waterbird increases, but only in countries with more effective governance. Our findings highlight that sociopolitical instability can lead to biodiversity loss and undermine the benefit of existing conservation efforts, such as the expansion of protected area coverage. Furthermore, data deficiencies in areas with less effective governance could lead to underestimations of the extent of the current biodiversity crisis.

  6. Exploring governance learning: How policymakers draw on evidence, experience and intuition in designing participatory flood risk planning.

    Science.gov (United States)

    Newig, Jens; Kochskämper, Elisa; Challies, Edward; Jager, Nicolas W

    2016-01-01

    The importance of designing suitable participatory governance processes is generally acknowledged. However, less emphasis has been put on how decision-makers design such processes, and how they learn about doing so. While the policy learning literature has tended to focus on the substance of policy, little research is available on learning about the design of governance. Here, we explore different approaches to learning among German policymakers engaged in implementing the European Floods Directive. We draw on official planning documents and expert interviews with state-level policymakers to focus on learning about the procedural aspects of designing and conducting participatory flood risk management planning. Drawing on the policy learning and evidence-based governance literatures, we conceptualise six types of instrumental 'governance learning' according to sources of learning (endogenous and exogenous) and modes of learning (serial and parallel). We empirically apply this typology in the context of diverse participatory flood risk management planning processes currently unfolding across the German federal states. We find that during the first Floods Directive planning cycle, policymakers have tended to rely on prior experience in their own federal states with planning under the Water Framework Directive to inform the design and carrying out of participatory processes. In contrast, policymakers only sporadically look to experiences from other jurisdictions as a deliberate learning strategy. We argue that there is scope for more coordinated and systematic learning on designing effective governance, and that the latter might benefit from more openness to experimentation and learning on the part of policymakers.

  7. Effective science advice for governments in the developing world ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Most often, researchers and scientific organizations lack the skills, visibility, or networks that can allow them to effectively influence government policy and programs. ... This project aims to use nanomaterials (a nanometer is one billionth of a meter) to provide new, inexpensive techniques to purify water that also address the ...

  8. Quantifying the effects of IT-governance rules

    NARCIS (Netherlands)

    Verhoef, C.

    2007-01-01

    Via quantitative analyses of large IT-portfolio databases, we detected unique data patterns pointing to certain IT-governance rules and styles, plus their sometimes nonintuitive and negative side-effects. We grouped the most important patterns in seven categories and highlighted them separately.

  9. Impedes to effective collection of local government revenue and ...

    African Journals Online (AJOL)

    However, the inability of these institutions to effectively collect revenue in Cameroon has hampered service delivery. Following the case of the Wum Central Council, the study holds that tax evasion and defaulting, migration and the diversion of revenue to other Local Government areas as well as underpayments of court ...

  10. Incommensurate Environmental Risks and the Regulator’s Dilemma in the Governance of Emergency Situation

    Directory of Open Access Journals (Sweden)

    Vesela Radovic

    2016-12-01

    Full Text Available In the 21st century humans face with the great risk how to protect themselves from disasters of different kinds. Emergencies happened in many countries and caused a great suffering of humans. The main question of stakeholders is: ‘’how to protect human health and environment in an adequate way’’. Emergency management is an issue which is included in numerous education institutions all over the globe and the action of various national and international organizations. Therefore it is interesting that in the process of fostering emergency management many countries neglect the need of creating more effective tools for response, preparedness and recovery in environmental emergencies. The paper is based on analyzes of Serbian approach in the governance of emergency situation followed by incommensurate environmental risks. Serbia had to accept International environmental emergency help after the floods in 2014. The Joint United Nations Environment Programme (UNEP / Office for the Coordination of Humanitarian Affairs (OCHA Environment Unit (JEU helped Serbia to mitigate consequences of horrified environmental emergency in “Stolice” mine near city Krupanj. This assistance was needed because Serbia did not have enough capacity to struggle with the consequences of breaking the dam and contamination of soil and rivers. This study shows that a similar disaster in the future could be solved only by strengthening multilateral response of different actors at local and national level. After all, Serbia is at the beginning of the path, and need to highlight strategic challenges in the governance of emergency situation followed by environmental emergencies. Only with full implementation of positive practice of the international community Serbia could avoid long term impact on life support functions, nature and humans.

  11. Effect of Government Regulation on the Evolution of Sports Nutrition

    Science.gov (United States)

    Collins, Rick; Kalman, Douglas

    The sports nutrition segment of the dietary supplement industry enjoyed nearly a decade of unfettered growth under federal legislation passed in 1994. A series of breakthroughs in the dietary supplement field led to the development and marketing of innovative products designed to enhance performance, build muscle, or lose excess fat. As the popularity of these products soared and evolved into a multi-billion dollar industry, the sports nutrition supplement market drew the attention of federal and state regulatory bodies and sports antidoping authorities. Growing concerns over potential health risks and unfair athletic advantages have spurred government regulators and legislators to heighten the scrutiny of this market, leading to recent legislative amendments and increased government enforcement action.

  12. A framework for profiling the characteristics of risk governance in natural hazard contexts

    Science.gov (United States)

    Walker, G.; Tweed, F.; Whittle, R.

    2014-01-01

    Over recent decades there have been moves away from traditional forms of government towards broader practices of "governance". These moves are as relevant to the handling of natural hazards as they are to other societal concerns. Key characteristics of such changes include the emergence of multi-level governance processes, shifts away from the exercise of centralised authority towards the involvement and collaboration of a multiplicity of actors, the creation of new forms of authority and control, and changing distributions of responsibilities between the state and other actors. However, the extent to which these shifts have taken place across the varied national contexts in Europe and can be observed specifically in relation to the governance of natural hazards is not at all clear. Such developments may also be evaluated in different ways; where some might see progressive reforms, others might see damaging undermining of established arrangements. In this paper, we propose a risk governance profiling framework that can be used to draw out the key characteristics of the ways in which natural hazards are governed in a particular governance setting. The framework can be flexibly applied in relation to a specific hazard and national, regional or local context, and enables qualitative profiling across a spectrum of eight key governance characteristics. Past trends and likely future changes can also be represented. We discuss the formulation of this framework as well as giving examples of profiles for different hazards in different parts of Europe. We suggest ways in which comparisons can be made between governance profiles, providing a stimulus and focus for debate and discussion around the trends of change in governance practice that have been, and are continuing, to take place.

  13. Radiation. Doses, effect, risk

    International Nuclear Information System (INIS)

    Vapirev, E.; Todorov, P.

    1994-12-01

    This book outlines in a popular form the topic of ionizing radiation impacts on living organisms. It contains data gathered by ICRP for a period of 35 years. The essential dosimetry terms and units are presented. Natural and artificial sources of ionizing radiation are described. Possible biological radiation effects and diseases as a consequence of external and internal irradiation at normal and accidental conditions are considered. An assessment of genetic risk for human populations is presented and the concept of 'acceptable risk' is discussed

  14. The Canadian Government perspective on cost-effective regulation

    Energy Technology Data Exchange (ETDEWEB)

    Martin, J K; Iwankow, C [Treasury Board of Canada Secretariat, Ottawa, ON (Canada)

    1997-12-31

    Fiscal constraint, globalization of markets, and accelerated technological change have resulted in a new focus on the cost-effectiveness of government activities and, in turn, on methods of policy evaluation. An exploration of regulatory problems, and the use of regulation as a public policy instrument, reveals a commonalty of experience in all industrialized countries. This paper provides a brief synopsis of the Government of Canada`s perspective on cost-effective regulation. To understand cost-effective regulation, this paper examines the principles of regulatory reform which underlie the current strategy of the federal government (collaborative decision-making mechanisms., methods of clear policy evaluation, and well defined lines of accountability). It discusses the nature of, and rationale for, government regulation, the reasons for regulatory reform in the economy, and the principal aims of Canadian regulatory reform and regulatory policy assessment. It does so by specifically addressing the role of cost-benefit analysis in the process of regulatory assessment - a method which involves systematically identifying, and quantifying where possible, the social benefits and costs associated with alternative public policy actions - with a particular focus on regulation which affects the Canadian nuclear industry. (author). 51 refs.

  15. The Canadian Government perspective on cost-effective regulation

    International Nuclear Information System (INIS)

    Martin, J.K.; Iwankow, C.

    1996-01-01

    Fiscal constraint, globalization of markets, and accelerated technological change have resulted in a new focus on the cost-effectiveness of government activities and, in turn, on methods of policy evaluation. An exploration of regulatory problems, and the use of regulation as a public policy instrument, reveals a commonalty of experience in all industrialized countries. This paper provides a brief synopsis of the Government of Canada's perspective on cost-effective regulation. To understand cost-effective regulation, this paper examines the principles of regulatory reform which underlie the current strategy of the federal government (collaborative decision-making mechanisms., methods of clear policy evaluation, and well defined lines of accountability). It discusses the nature of, and rationale for, government regulation, the reasons for regulatory reform in the economy, and the principal aims of Canadian regulatory reform and regulatory policy assessment. It does so by specifically addressing the role of cost-benefit analysis in the process of regulatory assessment - a method which involves systematically identifying, and quantifying where possible, the social benefits and costs associated with alternative public policy actions - with a particular focus on regulation which affects the Canadian nuclear industry. (author). 51 refs

  16. Challenges of Clinical Governance in Risk Management: A Qualitative Study of Teaching Hospitals

    Directory of Open Access Journals (Sweden)

    Mohammad Keshvari

    2017-01-01

    Full Text Available Background: Clinical Governance is a Framework in which health care provider will be responsible for continuous quality improvement. This study aimed to identify implementation challenges of Clinical Governance in the area of risk management. Methods: This is a descriptive-qualitative study. We used Content Analysis method for data analysis. Study environment contained 7 teaching hospitals, and the study population included the hospitals staff engaged in Clinical Governance implementation. Using purposive non-randomised sampling, 18 participants were selected. A semi-structured face-to-face interview was used for data collection. Content Analysis method was used to conceptualize, interpret and analyze the texts and maxQDA software for data analysis. Results: Our research findings presented two main themes as cultural factors and lack of resources. Conclusion: Promoting management as well as empowering health care providers could act as a key factor in addressing problems related to the implementation of risk management in health care environments.

  17. Data mining for assessing the credit risk of local government units in Croatia

    Directory of Open Access Journals (Sweden)

    Silvija Vlah Jerić

    2017-01-01

    Full Text Available Over the past few decades, data mining techniques, especially artificial neural networks, have been used for modelling many real-world problems. This paper aims to test the performance of three methods: (1 an artificial neural network (ANN, (2 a hybrid artificial neural network and genetic algorithm approach (ANN-GA, and (2 the Tobit regression approach in determining the credit risk of local government units in Croatia. The evaluation of credit risk and prediction of debtor bankruptcy have long been regarded as an important topic in accounting and finance literature. In this research, credit risk is modelled under a regression approach unlike typical credit risk analysis, which is generally viewed as a classification problem. Namely, a standard evaluation of credit risk is not possible due to a lack of bankruptcy data. Thus, the credit risk of a local unit is approximated using the ratio of outstanding liabilities maturing in a given year to total expenditure of the local unit in the same period. The results indicate that the ANN-GA hybrid approach performs significantly better than the Tobit model by providing a significantly smaller average mean squared error. This work is beneficial to researchers and the government in evaluating a local government unit’s credit score.

  18. Sustaining Satisfaction for Credit Risk Governance: Empirical Evidence from Indian Commercial Banks

    Science.gov (United States)

    Arora, Anju

    2015-01-01

    This paper explores the issues underlying the credit risk governance mechanism of banking institutions in emerging economies. This is an important area of study given the essential role that banks play in the financial markets of emerging economies and the widespread banking reforms that these economies have implemented. The aim of this study is…

  19. EU risk governance of 'cloned food': regulatory uncertainty between trade and non-trade

    NARCIS (Netherlands)

    Weimer, M.; van Asselt, M.B.A.; Versluis, E.; Vos, E.

    2013-01-01

    This chapter analyzes the difficulties of creating a viable legal framework for ‘cloned food’ in the EU combining a legal perspective with insights from the interdisciplinary research on risk governance. Animal cloning offers an instructive example for the challenges of designing regulatory

  20. Getting Your Ducks in a Row: IT Governance, Risk, and Compliance Programs in Higher Education

    Science.gov (United States)

    Bichsel, Jacqueline; Feehan, Patrick

    2014-01-01

    Higher education IT governance, risk, and compliance (GRC) programs are in the development stage. Few institutions have all three programs in place, and many institutions are unclear where they should start when instituting or maturing their IT GRC programs. In addition, they are often uncertain as to whether GRC programs should be developed in…

  1. Ethical Responsibility of Governance for Integrating Disaster Risk Reduction with Development

    Science.gov (United States)

    Parkash Gupta, Surya

    2015-04-01

    The development in the public as well as the private sectors is controlled and regulated, directly or indirectly by the governments at federal, provincial and local levels. If this development goes haphazard and unplanned, without due considerations to environmental constraints and potential hazards; it is likely to cause disasters or may get affected by disasters. Therefore, it becomes an ethical responsibility of the people involved in governance sector to integrate disaster risk reduction with development in their administrative territories through enforcement of appropriate policies, guidelines and regulatory mechanisms. Such mechanisms should address the social, scientific, economic, environmental, and legal requirements that play significant role in planning, implementation of developmental activities as well as disaster management. The paper focuses on defining the ethical responsibilities for the governance sector for integrating disaster risk reduction with development. It highlights the ethical issues with examples from two case studies, one from the Uttarakhand state and the other Odhisa state in India. The case studies illustrates how does it make a difference in disaster risk reduction if the governments own or do not own ethical responsibilities. The paper considers two major disaster events, flash floods in Uttarakhand state and Cyclone Phailin in Odhisa state, that happened during the year 2013. The study points out that it makes a great difference in terms of consequences and response to disasters when ethical responsibilities are owned by the governance sector. The papers attempts to define these ethical responsibilities for integrating disaster risk reduction with development so that the governments can be held accountable for their acts or non-actions.

  2. The fear factor of risk - clinical governance and midwifery talk and practice in the UK.

    Science.gov (United States)

    Scamell, Mandie

    2016-07-01

    Through the critical application of social theory, this paper will scrutinise how the operations of risk management help to constitute midwives׳ understandings of childbirth in a particular way. Drawing from rich ethnographic data, collected in the southeast of England, the paper presents empirical evidence to critically explore how institutional concerns around risk and risk management impact upon the way midwives can legitimately imagine and manage labour and childbirth. Observational field notes, transcribed interviews with various midwives, along with material culture in the form of documentary evidence will be used to explore the unintended consequences of clinical governance and its risk management technologies. Through this analysis the fear factor of risk in midwifery talk and practice will be introduced to provide an insight into how risk management impacts midwifery practice in the UK. Copyright © 2016. Published by Elsevier Ltd.

  3. Governance of Public Benefit Funds to Promote Innovation in Energy by Addressing Early Adopter Risks

    Energy Technology Data Exchange (ETDEWEB)

    Paterson, Andrew; Oppenheim, Jerrold; Dubravka Pineda, Maria

    2010-09-15

    Building a better energy future will be expensive, in part, because it will require modernizing energy infrastructure and bringing more innovative technologies to deliver energy more efficiently to consumers with less environmental impact. With the extended recession and turmoil in credit markets in 2008, some states have turned to public benefit funds to address critical risks in adopting innovative energy technologies and systems. This paper updates valuable observations for governing PBFs to promote wider adoption of innovative energy technologies enabling a better balance of risk and return in concert with other policy tools by negotiating mitigation of early adopter risks.

  4. Exploring the context for effective clinical governance in infection control.

    Science.gov (United States)

    Halton, Kate; Hall, Lisa; Gardner, Anne; MacBeth, Deborough; Mitchell, Brett G

    2017-03-01

    Effective clinical governance is necessary to support improvements in infection control. Historically, the focus has been on ensuring that infection control practice and policy is based on evidence, and that there is use of surveillance and auditing for self-regulation and performance feedback. There has been less exploration of how contextual and organizational factors mediate an infection preventionists (IP's) ability to engage with evidence-based practice and enact good clinical governance. A cross sectional Web-based survey of IPs in Australia and New Zealand was undertaken. Questions focused on engagement in evidence-based practice and perceptions about the context, culture, and leadership within the infection control team and organization. Responses were mapped against dimensions of Scally and Donaldson's clinical governance framework. Three hundred surveys were returned. IPs appear well equipped at an individual level to undertake evidence-based practice. The most serious set of perceived challenges to good clinical governance related to a lack of leadership or active resistance to infection control within the organization. Additional challenges included lack of information technology solutions and poor access to specialist expertise and financial resources. Focusing on strengthening contextual factors at the organizational level that otherwise undermine capacity to implement evidence-based practice is key to sustaining current infection control successes and promoting further practice improvements. Copyright © 2017 Association for Professionals in Infection Control and Epidemiology, Inc. All rights reserved.

  5. The effects of energy co-governance in Peru

    International Nuclear Information System (INIS)

    Fontaine, Guillaume

    2010-01-01

    Soon after the launching of the Camisea Gas Project, in 2000, Peru became a medium-range Latin American gas exporting country. Our central argument is that energy governance in this country has been shifting from a 'hierarchical' to a 'co-governance' mode. Accordingly, interactions among the State, the society and economic actors are now regulated in a horizontal and decentralized way, rather than a vertical and centralized one. This shift contributed to the success of the Camisea gas project and had a positive effect on foreign direct investments inflow in the energy sector (1). In addition, it has helped Peru reach energetic self-sufficiency, while improving its energy balance (2). Meanwhile, energy policy has welcomed a major participation of social actors, contributing to institutionalized arrangements between the State, the companies and indigenous communities and their NGO partners (3). Two theoretical conclusions can be drawn from this study. First, the State's role remains central in energy governance, thus invalidating the 'hollowing of the State' thesis. Second, the co-governance mode helps to overcome the 'resource curse' thesis.

  6. Cost-effectiveness and radiation risk of breast cancer screening

    International Nuclear Information System (INIS)

    Rombach, J.J.

    1987-01-01

    Base cost effectiveness risk associated with radiological screening for tuberculosis and lung tumor the Government of Netherlands advised against mass screening. However, mass screening remains an important method in the case of breast cancer

  7. Analysis Community’s Coping Strategies and Local Risk Governance Framework in Relation to Landslide

    Directory of Open Access Journals (Sweden)

    Heru Setiawan

    2014-12-01

    Full Text Available Analysis of people perception and analysis of the coping strategy to landslides are the two elements that are es-sential to determine the level of preparedness of communities to landslides. To know the preparedness of government and other stakeholders in facing landslide, the analysis risk governance framework was required. A survey using questionnaires with random sampling was applied to assess the level of people perception and people coping strategy related to landslide. Analysis of risk governance frame work was done at the district and sub-district level. ἀe study found that people perception related with landslide dominated by high and moderate level. Age and education are two factors that inḀuence the people’s perception to landslide. Local people applied four types coping strategy, which are: economic, structural, social and cultural coping strategy. Totally, 51.6% respondents have high level, 33.3% have moderate level and only 15.1% respondents that have low level of coping strategy. ἀe factors that inḀuence the level of coping strategy are education, income and building type.  Analysis of risk governance framework is limited to the three components including stakeholder involvement, risk management and risk communication. Based on the data analysis, the level of stakeholder involvement at the district scope was categorized on the moderate till high and the level of stakeholder involvement at sub-district level was categorized on the high level. Generally, the risk management of Karanganyar was categorized on the moderate level and high level and the risk management in Tawangmangu was categorized on the moderate level. ἀere are some elements must be improved on the risk governance framework, those are data management, the pattern of relationships among stakeholders, increased participation of NGOs, constructed and updated landslide risk map, enhancement of microᴀnance role in helping the com-munity when disaster strikes

  8. Governance systems in family SMEs: the substitution effects between family councils and corporate governance mechanisms

    OpenAIRE

    L. Gnan; D. Montemerlo; M. Huse

    2015-01-01

    The main objective of this paper is to explore the role of family councils vis-à-vis corporate governance mechanisms. Particularly, the paper explores whether family councils perform only their distinctive family governance role or if they also substitute for the roles performed by corporate governance control mechanisms. Based on a sample of 243 Italian family SMEs, our research findings show that the family council partially substitutes the shareholders' meeting and the board of directors i...

  9. Risk in the Clouds?: Security Issues Facing Government Use of Cloud Computing

    Science.gov (United States)

    Wyld, David C.

    Cloud computing is poised to become one of the most important and fundamental shifts in how computing is consumed and used. Forecasts show that government will play a lead role in adopting cloud computing - for data storage, applications, and processing power, as IT executives seek to maximize their returns on limited procurement budgets in these challenging economic times. After an overview of the cloud computing concept, this article explores the security issues facing public sector use of cloud computing and looks to the risk and benefits of shifting to cloud-based models. It concludes with an analysis of the challenges that lie ahead for government use of cloud resources.

  10. Legitimate Governance of Risk at the EU level? The Case of GMOs

    DEFF Research Database (Denmark)

    Borras, Susana

    2006-01-01

    In the past few years, the EU has been establishing a new regulatory framework for GMOs, a central issue in the governance of risk that came under fierce attack in the mid-1990s. The primary question addressed in this article is whether this new framework will be able to solve the legitimacy...... problem of GMO governance at the EU level. Focusing on theories concerning input–output legitimacy and democracy and the role of expertise, this article examines the level of involvement of stakeholders in the process leading to the new rules; the predominant mechanisms of representation that have been...

  11. Factors to consider in developing individual pharmaceutical product quality risk profiles useful to government procurement agencies.

    Science.gov (United States)

    Xu, Wei; Boehm, Garth; Zheng, Qiang

    2016-01-01

    Governments that procure pharmaceutical products from an Essential Medicine List (EML) bear special responsibility for the quality of these products. In this article we examine the possibility of developing a pharmaceutical product quality risk assessment scheme for use by government procurement officials. We use the Chinese EML as a basis, and US recall data is examined as it is publically available.This is justified as the article is only concerned with inherent product quality risks. After establishing a link between Chinese essential medicines and those available in the US, we examine US recall data to separate product specific recalls. We conclude that, in addition to existing manufacturing based risks, there are two other product specific risks that stand out from all others, degradation and dissolution failure. Methodology for relative product risk for degradation is needed to be developed and further work is required to better understand dissolution failures which largely occur with modified-release solid oral products. We conclude that a product specific quality risk profile would be enhanced by including a risk assessment for degradation for all products, and in the case of solid oral products, dissolution.

  12. University-Government Partnerships and High Risk Research: The Last Stronghold for New Thinking About Coping with Climate Change

    Science.gov (United States)

    Easterling, W. E.

    2014-12-01

    The repurposing of Bell Laboratories by new owner Lucent Technologies to become a mission-focused applied research facility effectively terminated fundamental, high-risk research everywhere but in research universities. The now almost ten year old NAS study that produced the watershed report Rising Above the Gathering Storm warned that the US research establishment encompassing industry, government, academia and nongovernment organizations has lost its way in promoting fundamental high-risk research of the kind that has historically led to the transformational scientific breakthroughs that radically changed and improved our quality of life for more than a century. Low-risk, incremental research dominates industry and most government funding agendas, including NSF (and including NSF's "transformational research" agenda!). Unprecedented challenges such as understanding and dealing with the consequences of climate change will require fundamental new ideas and technologies that do not exist. Adapting future ecosystems and human systems to climate variability and change needs new social models of cooperation, new biotechnologies and new environmental mangement strategies that do not now exist. A case can be made that history provides no strong templates for such a future. I argue that research universities, working in close partnerships with government, provides a fertile seedbed for the kinds of scientific knowledge and thinking that could produce "game changing" strategies for dealing with climate change. Government has the resources and the ability to convert and scale new ideas into usable knowledge, research universities have the ingenuity and disciplinary spectra to think up new ideas and test them for proof of concept. Co-locating a government presence within a research university has the potential to integrate a research enterprise that is not afraid to fail a few times before potentially hitting paydirt with an institution that can accelerate the translation of

  13. The importance of risk-aversion as a measurable psychological parameter governing risk-taking behaviour

    Science.gov (United States)

    Thomas, P. J.

    2013-09-01

    A utility function with risk-aversion as its sole parameter is developed and used to examine the well-known psychological phenomenon, whereby risk averse people adopt behavioural strategies that are extreme and apparently highly risky. The pioneering work of the psychologist, John W. Atkinson, is revisited, and utility theory is used to extend his mathematical model. His explanation of the psychology involved is improved by regarding risk-aversion not as a discrete variable with three possible states: risk averse, risk neutral and risk confident, but as continuous and covering a large range. A probability distribution is derived, the "motivational density", to describe the process of selecting tasks of different degrees of difficulty. An assessment is then made of practicable methods for measuring risk-aversion.

  14. The importance of risk-aversion as a measurable psychological parameter governing risk-taking behaviour

    International Nuclear Information System (INIS)

    Thomas, P J

    2013-01-01

    A utility function with risk-aversion as its sole parameter is developed and used to examine the well-known psychological phenomenon, whereby risk averse people adopt behavioural strategies that are extreme and apparently highly risky. The pioneering work of the psychologist, John W. Atkinson, is revisited, and utility theory is used to extend his mathematical model. His explanation of the psychology involved is improved by regarding risk-aversion not as a discrete variable with three possible states: risk averse, risk neutral and risk confident, but as continuous and covering a large range. A probability distribution is derived, the m otivational density , to describe the process of selecting tasks of different degrees of difficulty. An assessment is then made of practicable methods for measuring risk-aversion

  15. Risk Management, Corporate Governance and Investment Banking: The Role of Chief Risk Officer

    OpenAIRE

    Afanasyeva, Olga; Lapina, Yulia; Scherbina, Tetiana

    2013-01-01

    This paper focuses on the defining the role of CRO in corporate governance and to show the interrelation between the way of CRO subordination and performance of investment bank. The sample consists of observations over a period of 2011 for 29 biggest investment banks (by amount of assets) implementing world-wide investment activity. The banks are originated in the USA (8), Eastern Europe (14), China (2), Japan (2), Canada (2), and Australia (1). With the aim to evaluate and compare financial ...

  16. RISK DISCLOSURE ANALYSIS IN THE CORPORATE GOVERNANCE ANNUAL REPORT USING FUZZY-SET QUALITATIVE COMPARATIVE ANALYSIS

    Directory of Open Access Journals (Sweden)

    Pedro Carmona

    2016-05-01

    Full Text Available This paper explores the necessary and sufficient conditions of good Corporate Governance practices for high risk disclosure by firms in their Corporate Governance Annual Report. Additionally, we explore whether those recipes have changed during the financial crisis. With a sample of 271 Spanish listed companies, we applied fuzzy-set qualitative comparative analysis to a database of financial and non-financial data. We report that Board of Directors independence, size, level of activity and gender diversity, CEO duality, Audit Committee independence, being audited by the Big Four auditing firms and the presence of institutional investors are associated with high risk disclosure. The conditions included in almost every combination are the presence of institutional investors and being audited by the Big Four. We found similar combinations for 2006 and 2012, while the analysis for 2009 showed the lowest number of causal configurations.

  17. Costs and risks of the import of RES statistics by the Dutch government

    Energy Technology Data Exchange (ETDEWEB)

    Klessmann, C.; De Jager, D.; Gephart, M.; Winkel, T.

    2012-11-15

    This paper presents a first estimate of the costs and risks of a potential import of renewable energy statistics by the Dutch Government in order to meet the binding renewable energy (RE) target of 14% by 2020. Recently, the new government has announced that it will increase the ambition from 14% to 16%. Progress so-far has been slow however and meeting these targets requires near to maximum realisable deployment rates of all relevant technologies. It points at the necessity to increase national policy measures (spatial, political, financial, etc.) for all renewable energy technologies or alternatively, to apply the cooperation mechanisms and/or import RES statistics from other countries. It is generally assumed that imported RE statistics, through the cooperation mechanisms of the European RES Directive, will have lower costs than supporting the potentially more expensive domestic technologies that would be needed to meet the targets fully by domestic production. This paper shows that this assumption is questionable, and that the risks of pursuing an import-strategy may be significant. The analysis shows that the use of statistical transfers, which in principle may be a viable option for realising part of the Dutch RE target, is linked to high uncertainties. Important aspects contributing to these uncertainties are: The effectiveness and efficiency of policies in the European Member States to meet domestic RE targets by and up to 2020, and hence the related surplus/shortfall of RE production and resulting market prices for statistical transfers; The price setting mechanisms that will be established between Member States, including the anticipated cost of infringement in case of non-fulfilment of the 2020 targets. Imports will likely be charged against the market prices for (statistical) transfers, not against the cost prices of RE technologies. The price of statistical transfers can be expected to be higher in the case of a clear 'buyer market' in which

  18. Are soil pollution risks established by governments the same as actual risks?

    NARCIS (Netherlands)

    Reijnders, L.

    2009-01-01

    Though soil pollution policies in North America and the European Union increasingly use risk-based standards, the construction and application of such standards are often deficient in taking account of actual risks. Standards refer to total concentrations of substances and not to the biologically

  19. Prevention and control of food safety risks: the role of governments, food producers, marketers, and academia.

    Science.gov (United States)

    Lupien, John R

    2007-01-01

    Food systems are rapidly changing as world population grows, increasing urbanization occurs, consumer tastes and preferences change and differ in various countries and cultures, large scale food production increases, and food imports and exports grow in volume and value. Consumers in all countries have become more insistent that foods available in the marketplace are of good quality and safe, and do not pose risks to them and their families. Publicity about food risk problems and related risks, including chemical and microbiological contamination of foods, mad-cow disease, avian flu, industrial chemical contamination all have made consumers and policy makers more aware of the need of the control of food safety risk factors in all countries. To discuss changes in food systems, and in consumer expectations, that have placed additional stress on the need for better control of food safety risks. Food producers, processors, and marketers have additional food law and regulations to meet; government agencies must increase monitoring and enforcement of adequate food quality and safety legislation and coordinate efforts between agriculture, health, trade, justice and customs agencies; and academia must take action to strengthen the education of competent food legislation administrators, inspectorate, and laboratory personnel for work in government and industry, including related food and food safety research . Both Government and the food industry must assure that adequate control programs are in place to control the quality and safety of all foods, raw or processed, throughout the food chain from production to final consumption. This includes appropriate laboratory facilities to perform necessary analysis of foods for risk and quality factors, and to carry out a wide range of food science, toxicological and related research.

  20. Perceived risk, trust in government, and response to repository siting in the United States

    International Nuclear Information System (INIS)

    Kraft, M.E.

    1991-01-01

    Conflicts over the siting of high-level radioactive waste repositories have been intense and unrelenting. Public and state opposition to implementation of the US Nuclear Waste Policy Act is tied closely to the perception of unacceptably high repository risks and to lack of trust and confidence in governmental agencies, particularly the DOE. This paper explores the relationship of perceived risk, trust in government, and opposition to repository siting in the US in an attempt to clarify the conditions of successful implementation of nuclear waste policy in the decades ahead

  1. Does debt ceiling and government shutdown help in forecasting the us equity risk premium?

    Directory of Open Access Journals (Sweden)

    Aye Goodness C.

    2016-01-01

    Full Text Available This article evaluates the predictability of the equity risk premium in the United States by comparing the individual and complementary predictive power of macroeconomic variables and technical indicators using a comprehensive set of 16 economic and 14 technical predictors over a monthly out-ofsample period of 1995:01 to 2012:12 and an in-sample period of 1986:01- 1994:12. In order to do so we consider, in addition to the set of variables used in Christopher J. Neely et al. (2013 and using a more recent dataset, the forecasting ability of two other important variables namely government shutdown and debt ceiling. Our results show that one of the newly added variables namely government shutdown provides statistically significant out-of-sample predictive power over the equity risk premium relative to the historical average. Most of the variables, including government shutdown, also show significant economic gains for a risk averse investor especially during recessions.

  2. Investigation corporate governance characteristics on risk taking: A case study of private banks listed in Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Mohammad Khodaei Valahzaghard

    2013-02-01

    Full Text Available During the past few years, there have been tremendous works on detecting the relationship between banks performance and the number of seats on board of directors. Board of directors of banks is responsible for shareholders ownership’s interest. In this study, governance and ownership characteristics affecting risk appetite on some private banks listed in Tehran Stock Exchange is studied. The study investigates 12 private banks for a period 2005-2011 based on the implementation of some regression analysis using panel data. The results indicate that the effect of five major shareholders on risk-taking is positive and significant. The effect of institutional ownership on risk-taking is negative and significant. Effects of other variables, including the percentage of ownership concentration, return on assets and the logarithm of cash from operations (CFO on risk-taking of the private banks are not significant. The effects of board size, reliance on debt and log of assets on risk-taking are significantly negative among private banks in Iran. These results indicate that shareholders that are institutional investors play a key role in monitoring managers.

  3. The Effectiveness of Social Media Implementation at Local Government Levels

    Directory of Open Access Journals (Sweden)

    Elvira NICA

    2014-12-01

    Full Text Available The purpose of this article is to gain a deeper understanding of the management of social me-dia at the local government level, the availability of opportunities for citizen dialogue on govern-ment websites, and the impact that social net-working applications have on e-government. The results of the current study converge with prior research on the growing awareness amongst government practitioners regarding the relevance of social media, the use of social media for feed-back on service quality, and privacy and security commitments in e-government. The literature on the use of information technology to transform government, the potential for online government information to contribute to citizen engagement, and the rapid growth in local government use of social media is relevant to this discussion.

  4. Human-Capital based Governance Structure, Success Factors and Barriers to Effective Governance: Co-operatives in Malaysia

    Directory of Open Access Journals (Sweden)

    Rohana Othman

    2016-01-01

    Full Text Available Co-operatives comprise the crucial third engine of growth for the Malaysian economy after the public and private sectors. This study investigates the human capital based governance structure, success factors and barriers to effective governance of co-operatives in Malaysia. Questionnaires were distributed to the top 100 co-operatives listed in the Malaysian Co-operative Societies Commission website. Analysis of the responses to the questionnaires showed that human capital based co-operatives governance comprise members’ participation, independence of the board, depth of expertise and competencies of directors and other characteristics of the board. This study also identified branding as the most important success factor ahead of competitiveness and proximity. Malaysia’s economy is projected to continue relying significantly on the performance of co-operatives. Thus, it is incumbent for greater attention to be given towards an effective governance that results in successful co-operatives.

  5. Assessing Stability and Dynamics in Flood Risk Governance : An Empirically Illustrated Research Approach

    NARCIS (Netherlands)

    Hegger, Dries L T; Driessen, Peter P J; Dieperink, Carel; Wiering, Mark; Raadgever, G. T Tom; van Rijswick, Helena F M W

    2014-01-01

    European urban agglomerations face increasing flood risks due to urbanization and the effects of climate change. These risks are addressed at European, national and regional policy levels. A diversification and alignment of Flood Risk Management Strategies (FRMSs) can make vulnerable urban

  6. The diabetic foot risks profile in Selebi Phikwe Government Hospital, Botswana

    Directory of Open Access Journals (Sweden)

    Stephane Tshitenge

    2014-01-01

    Full Text Available Aim: The present study aimed: (1 to evaluate the proportion of each diabetic foot (DF risk category, according to the International Working Group on the Diabetic Foot (IWGDF consensus, in patients attending the diabetic clinic in Selebi Phikwe Government Hospital (SPGH and (2 to examine some of the factors that may be associated with the progression to higher risk categories such as anthropometric measurements, blood pressure, glycosylated haemoglobin (HbA1c and lipid profile.Methods: A retrospective, cross sectional chart review of patients who had attended the diabetic clinic in SPGH from January 2013 to December 2013 was performed. Patients were included if they had undergone a foot examination. Patients with amputation due to accident were excluded. The DF risk category was assessed by determining the proportion of patients in each of four risk categories, as described by the IWGDF consensus.Results: The study encompassed 144 records from patients reviewed for foot examination from January to December 2013. Patients’ ages were between 16 and 85 years, 46 (40% were male and 98 (60% were female. The majority (122, [85%] of patients were in DF risk category 0, whilst a limited number of patients were classified in risk category 1 (10, [6.9%], risk category 2 (7, [4.9%] and risk category 3 (5, [3.5%]. Most of the patients had the type 2 diabetes mellitus (139, [97%; 95% CI 92% − 99%]. Patients’ ages were associated with the progressively higher DF risk categories. The adjusted odd ratio was 1.1 (95% CI 1.03−1.14; p = 0.004.Conclusion: The present study revealed that about 15% of patients attending the SPGH diabetic clinic were categorised in higher risk groups for diabetic foot; patients’ ages were linked to the higher DF risk categories.

  7. RISK MANAGEMENT - AT THE CONVERGENCE BETWEEN PRUDENCE AND CONTINUITY, A BASIS FOR AN EFFICIENT GOVERNANCE

    Directory of Open Access Journals (Sweden)

    Gabriela-Geanina, TUDOSE

    2014-11-01

    Full Text Available The accountancy principles are sine qua non for a faithful image, nevertheless when it is about evaluation, accountancy is considered a source of uncertainty. The principle of being prudent is the pillar of accountancy having a view to protect the invested capital, although under the conditions of organizations development and of the desire to better results, which inevitably implies risk, this would infringe initiatives and change. Even more, prudence offers a continuity in organization activity, becoming accountancy fundamentals in the principles of corporation governance, the organization management respectively, by accepting the benefits of risk management, of financial management and internal control under the monitor of internal audit. The activity continuity is not only an accountancy principle but also an absolutely necessary element to quarantee the financial information. The principle of continuity also confers the accountancy science a provisional role because it extends its action from a simple elaboration of financial statements to the assurance of financial information to prevent difficulties, the finding and removal of risk and offering the necessary factors for an efficient provisional management. A good governance within a company reduces risks, increases performance, opens the way to financial markets, improves the marketing capacity for goods and services, the management style, shows transparency and social responsability.

  8. Public opinion, risk to reputation: The essentials of societal corporate governance?

    Directory of Open Access Journals (Sweden)

    Catherine Malecki

    2012-12-01

    Full Text Available Research Question/Issue: This paper will examine the role of reputation regarding corporate governance in terms of performance, risk control and the possible role of legislature or behaviors in this field (in particular with regards to the recent Green Paper “Companies in the EU: a management of governance”, COM (2011 164 final, of the 5th April 2011, of the European Commission. Research Findings/Insights: Image, reputation, positive or negative opinion, notoriety of the companies and their managers are regarded as an element of their performance. It is accepted that public opinion, inherently linked to the reputation risk is an essential element of corporate governance. Regarding the need of a long term matter, particularly after the financial crisis, a short period of time is enough to transform a positive public opinion into a negative one. In addition, the assessment of public opinion is complex. Everyone can freely form an “opinion”. The opinion may be private and public. Public opinion refers to society, to citizens and to the people. Its classic means of expression are freedom of the press and freedom of speech. This question is particularly crucial regarding the role of the companies to the “society” as recently defined by the Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the committee of the Regions, A renewed EU strategy 2011-14 for Corporate Social Responsibility, the European Commission and the European Parliament (Brussels, 25.10.2011 COM (2011 681 final. Theoretical/Academic Implications: How to manage good corporate governance reputation ?As from 1979, the Anglo-Saxon doctrine has acutely highlighted the role of reputation risk regarding corporate governance but what is the situation within the EU? Has legislature, in Europe (and for example, in France, sufficiently acknowledged the concept of reputation risk control? – A long term period

  9. Corporate municipal governance for effective and efficient public service delivery in South Africa.

    Directory of Open Access Journals (Sweden)

    Paulin Mbecke

    2014-10-01

    Full Text Available This research acknowledges the current service delivery chaos manifested through numerous protests justifying the weakness of the “Batho Pele” good governance principles to facilitate, improve and sustain service delivery by local governments. The success of corporate governance in corporate companies and state owned enterprises is recognised prompting suggestions that local governments should too adopt corporate governance principles or King III to be effective. The research reviews the King III and literature to ascertain the lack of research on corporate governance in local governments in South Africa. Considering the particular set-up of local governments, the research doubts the successful application of King III in local governments. Through critical research theory, the current service delivery crisis in local governments in South Africa is described. The success of corporate governance systems in the United Kingdom and Australian local governments justify the need for a separate corporate municipal governance system as a solution to the crisis. A specific change of legislation and corporate governance guidelines is necessary to address the uniqueness of local governments. Hence, corporate municipal governance should be compulsory and based on ten standardised good governance principles via a code of corporate governance and a corporate governance framework responding to specific prerequisites for success

  10. Corruption, development and governance indicators predict invasive species risk from trade.

    Science.gov (United States)

    Brenton-Rule, Evan C; Barbieri, Rafael F; Lester, Philip J

    2016-06-15

    Invasive species have an enormous global impact, with international trade being the leading pathway for their introduction. Current multinational trade deals under negotiation will dramatically change trading partnerships and pathways. These changes have considerable potential to influence biological invasions and global biodiversity. Using a database of 47 328 interceptions spanning 10 years, we demonstrate how development and governance socio-economic indicators of trading partners can predict exotic species interceptions. For import pathways associated with vegetable material, a significantly higher risk of exotic species interceptions was associated with countries that are poorly regulated, have more forest cover and have surprisingly low corruption. Corruption and indicators such as political stability or adherence to rule of law were important in vehicle or timber import pathways. These results will be of considerable value to policy makers, primarily by shifting quarantine procedures to focus on countries of high risk based on their socio-economic status. Further, using New Zealand as an example, we demonstrate how a ninefold reduction in incursions could be achieved if socio-economic indicators were used to select trade partners. International trade deals that ignore governance and development indicators may facilitate introductions and biodiversity loss. Development and governance within countries clearly have biodiversity implications beyond borders. © 2016 The Author(s).

  11. Adaptive governance, uncertainty, and risk: policy framing and responses to climate change, drought, and flood

    NARCIS (Netherlands)

    Hurlbert, M.; Gupta, J.

    2016-01-01

    As climate change impacts result in more extreme events (such as droughts and floods), the need to understand which policies facilitate effective climate change adaptation becomes crucial. Hence, this article answers the question: How do governments and policymakers frame policy in relation to

  12. Turning risk assessment and adaptation policy priorities into meaningful interventions and governance processes

    Science.gov (United States)

    Brown, Kathryn; DiMauro, Manuela; Johns, Daniel; Holmes, Gemma; Thompson, David; Russell, Andrew; Style, David

    2018-06-01

    The UK is one of the first countries in the world to have set up a statutory system of national climate risk assessments followed by a national adaptation programme. Having this legal framework has been essential for enabling adaptation at the government level in a challenging political environment. However, using this framework to create an improvement in resilience to climate change across the country requires more than publishing a set of documents; it requires careful thought about what interventions work, how they can be enabled and what level of risk acceptability individuals, organizations and the country should be aiming for. This article is part of the theme issue `Advances in risk assessment for climate change adaptation policy'.

  13. The regional governance of climate adaptation: a framework for developing legitimate, effective, and resilient governance arrangements

    NARCIS (Netherlands)

    Termeer, C.J.A.M.; Dewulf, A.; Rijswick, H.F.M.W.; Buuren, van A.; Huitema, D.; Meijerink, S.; Rayner, T.; Wiering, M.

    2011-01-01

    Adaptation to climate change raises important governance issues. Notwithstanding the increasing attention on climate adaptation at the global and European level, the variety of local conditions and climate impacts points towards a prime role for regional actors in climate change adaptation. They

  14. The regional governance of climate adaptation : A framework for developing legitimate, effective, and resilient governance arrangements

    NARCIS (Netherlands)

    Termeer, Catrien C. J. A. M.; Dewulf, Art; Van Rijswick, Helena; Van Buuren, Arwin; Huitema, Dave; Meijerink, Sander; Rayner, Tim; Wiering, Mark

    2011-01-01

    Adaptation to climate change raises important governance issues. Notwithstanding the increasing attention on climate adaptation at the global and European level, the variety of local conditions and climate impacts points towards a prime role for regional actors in climate change adaptation. They

  15. Peer effects in risk aversion.

    Science.gov (United States)

    Balsa, Ana I; Gandelman, Néstor; González, Nicolás

    2015-01-01

    We estimate peer effects in risk attitudes in a sample of high school students. Relative risk aversion is elicited from surveys administered at school. Identification of peer effects is based on parents not being able to choose the class within the school of their choice, and on the use of instrumental variables conditional on school-grade fixed effects. We find a significant and quantitatively large impact of peers' risk attitudes on a male individual's coefficient of risk aversion. Specifically, a one standard deviation increase in the group's coefficient of risk aversion increases an individual's risk aversion by 43%. Our findings shed light on the origin and stability of risk attitudes and, more generally, on the determinants of economic preferences. © 2014 Society for Risk Analysis.

  16. Improving Risk Governance of Emerging Technologies through Public Engagement: The Neglected Case of Nano-Remediation?

    DEFF Research Database (Denmark)

    Grieger, Khara Deanne; Wickson, Fern; Andersen, Henning Boje

    2012-01-01

    : the use of nanoparticles for environmental remediation (nano-remediation). Through our review and analysis we find that the main approaches to incorporating public engagement into governance strategies have been the generation of a better understanding of public perceptions of NT and the setting...... of general research priorities. In the case of nano-remediation, we find that public engagement efforts have been extremely limited, even though this technology has been used in the field in several countries and highlighted as potentially problematic by others. Finally, we provide recommendations...... for improving the links between public engagement and risk assessment and specifically call for more work on the case of nano-remediation....

  17. Risk regulation, GMOs, and the challenges to deliberation in EU governance: politicisation and scientification as co-producing trends

    NARCIS (Netherlands)

    Weimer, M.; Joerges, C.; Glinski, C.

    2014-01-01

    This paper analyzes the problems of EU risk regulation of agricultural biotechnology through the lens of deliberative theories of EU law and governance, such as deliberative supranationalism and experimentalist governance. Previous research had suggested that the GMO issue is not conductive to

  18. Risk regulation, GMOs, and the challenges to deliberation in EU governance - politicization and scientification as co-producing trends

    NARCIS (Netherlands)

    Weimer, M.

    2014-01-01

    This paper analyzes the problems of EU risk regulation of agricultural biotechnology through the lens of deliberative theories of EU law and governance, such as deliberative supranationalism and experimentalist governance. Previous research had suggested that the GMO issue is not conductive to

  19. Corporate risk, intelligence and governance in the time of cyber threat

    Directory of Open Access Journals (Sweden)

    Christopher Bronk

    2014-03-01

    Full Text Available Cyber security is an issue of foremost interest for policy makers in the world’s governments, corporations, NGOs, academic institutions, and other associations, however remedy for the myriad cyber threats and vulnerabilities continues to elude technologists and policy makers alike. In this paper, we consider the concept of cyber risk intelligence, a general concept of understanding the varied phenomena that impact an organization’s capacity to secure its digital communications and resources from eavesdropping, theft or attack. We also consider the deeper economics of information held and transmitted in digital form and how those economics may alter thinking on modeling of risk. Finally, we offer guidance of how organizations and entire sectors of business activity may want to alter their thinking on cyber security issues beyond a technological framing to an informational one aligned with business activities

  20. Evaluating Process Effectiveness to Reduce Risk

    Science.gov (United States)

    Shepherd, Christena C.

    2017-01-01

    It is well documented that government agencies do not have the same incentive as the private sector to focus on process effectiveness and continual improvement of those processes. It is also well documented whenever government agencies fail to deliver efficient, effective, consistent, and fair services to the citizens. In spite of the various "reinventing government" and "effectiveness initiatives" of the past decades, and in spite of the efforts on the part of many agencies to improve, government in general still lags behind industry in creating a culture of effective processes and systems. While the tragic events that unfolded recently in Flint, Michigan, teach us that running government "like a business" does not always take the needs of the citizenry into account, there are many lessons and techniques from the private sector that government agencies can use to improve. The incentive to improve, while mandated by various administrations1, needs to come from within the workforce, in order to effectively take root. The best, most effective incentive is to reduce, control or eliminate risk. Government agencies face some of the same risks as the private sector, while some are unique. While ISO 310002 has been around since 2009, risk has taken on increased visibility within the private sector with the advent of the emphasis on risk-based thinking in ISO 9001:20153. The relationship between risk-based thinking and effective processes is simple and direct. Those processes that are well thought out and standardized (i.e. Plan-Do-Check-Act), will have taken into account the applicable policy, statutory, regulatory, safety, quality and technical parameters, which may not occur to someone performing the process with minimal experience or training; and thus protect the employees, the public and the agency from statutory and regulatory violations; delay in providing services; non-delivery of services; harm to public or employee safety and health; cost overruns; breaches in

  1. The role of risk management in corporate governance: Guidelines and applications

    Directory of Open Access Journals (Sweden)

    Hugh Grove

    2017-11-01

    Full Text Available Risk management should be a key concern of board members to enhance corporate governance in any organization. Eleven key numbers, ratios, and models were advocated in this paper for risk management analyses, including an analysis of their variability with graphs. They are applied to Kaisa, a Chinese property developer, located in Shenzhen but incorporated with limited liability in the Cayman Islands. The importance of such risk management analyses was demonstrated in this paper as Kaisa destroyed $12.9 billion in four different types of investments: $2.2 billion in stock market value, $0.3 billion in private equity investments, $2.5 billion in global bonds, and $7.9 billion in Chinese short-term and long-term debt. Thus, the use of key financial statement metrics, including fraud models and ratios, has been shown here to provide enhanced corporate governance with risk management guidelines and applications. Boards of Directors need to pay attention to key financial statement metrics, which have been shown to work over and over again, as with Kaisa in this paper. These key metrics usually start with operating cash flows which then may indicate problems with debt service (the fixed charge coverage ratio which then may lead to bankruptcy predictions by the Altman bankruptcy model. To cover up such survival problems, companies often resort to earnings management and even fraudulent financial reporting which are typically red flagged by the quality of earnings, the quality of revenues, the new fraud model and the old fraud model

  2. Flood risk mitigation in Europe: how far away are we from the aspired forms of adaptive governance?

    Directory of Open Access Journals (Sweden)

    Marie Fournier

    2016-12-01

    Full Text Available Flood mitigation is a strategy that is growing in importance across Europe. This growth corresponds with an increasing emphasis on the need to learn to live with floods and make space for water. Flood mitigation measures aim at reducing the likelihood and magnitude of flooding and complement flood defenses. They are being put in place through the implementation of actions that accommodate (rather than resist water, such as natural flood management or adapted housing. The strategy has gained momentum over the past 20 years in an effort to improve the sustainability of flood risk management (FRM and facilitate the diversification of FRM in the pursuit of societal resilience to flooding. Simultaneously, it is increasingly argued that adaptive forms of governance are best placed to address the uncertainty and complexity associated with social-ecological systems responding to environmental challenges, such as flooding. However, there have been few attempts to examine the extent to which current flood risk governance, and flood mitigation specifically, reflect these aspired forms of adaptive governance. Drawing from EU research into flood risk governance, conducted within the STAR-FLOOD project, we examine the governance of flood mitigation in six European countries: Belgium, England, France, the Netherlands, Poland, and Sweden. Using in-depth policy and legal analysis, as well as interviews with key actors, the governance and implementation of flood mitigation in these countries is evaluated from the normative viewpoint of whether, and to what extent, it can be characterized as adaptive governance. We identify five criteria of adaptive governance based on a comprehensive literature review and apply these to each country to determine the "distance" between current governance arrangements and adaptive governance. In conclusion, the flood mitigation strategy provides various opportunities for actors to further pursue forms of adaptive governance. The

  3. 76 FR 26948 - Small Business Jobs Act Tour: Selected Provisions Having an Effect on Government Contracting

    Science.gov (United States)

    2011-05-10

    ...] Small Business Jobs Act Tour: Selected Provisions Having an Effect on Government Contracting AGENCY: U.S... INFORMATION CONTACT: Richard L. Miller, Small Business Job's Act Tour-Office of Government Contracting and..., concerning the Small Business Act Tour: Selected Provisions Having an Effect on Government that announced a...

  4. Ensuring Effective Governance. New Directions for Community Colleges, Number 49.

    Science.gov (United States)

    Deegan, William L., Ed.; Gollattscheck, James F., Ed.

    1985-01-01

    This collection of articles addresses major questions of community college governance and highlights some of the changes that have taken place in governance over the past decade. The issue contains: (1) "State Power in a New Era: Threats to Local Authority," by Dale Tillery and James L. Wattenbarger; (2) "Power on the Periphery: Faculty and…

  5. The Effects of Environmental, Social and Governance on the Corporate Performance of Malaysian Government-Linked Companies

    Directory of Open Access Journals (Sweden)

    Kweh Qian Long

    2017-01-01

    Full Text Available This study examines the impacts of ESG on the corporate performance government-linked companies (GLCs in Malaysia. For the period 2006-2012, ESG disclosure data were extracted from the Sustainalytics ESG performance reports, while financial data were obtained from the Bloomberg database. Data development analysis (DEA was used to estimate efficiency in the first stage; a regression analysis was performed to test the relationship between ESG and efficiency in the second stage. The empirical results of this study show that GLCs focused more on governance disclosures, followed by social and environmental aspects. Moreover, governance will improve firm efficiency, but social and environmental factors have no similar effect. In conclusion, this study provides insight on the limited literature on ESG and informs the relevant stakeholders on the important ESG components for financial and investment decisions.

  6. PENGARUH GOOD CORPORATE GOVERNANCE, DAN UKURAN PERUSAHAAN, TERHADAP PENGUNGKAPAN ENTERPRISE RISK MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Feby Intan Trinanda

    2017-05-01

    Full Text Available Tujuan dari penelitian ini adalah untuk menganalisis pengaruh reputasi auditor, keberadaan risk management committee, ukuran perusahaan, dan struktur kepemilikan publik terhadap pengungkapan enterprise risk management. Populasi dari penelitian ini adalah perusahaan property dan real estate yang terdaftar di Bursa Efek Indonesia (BEI tahun 2012-2013 berjumlah 48 perusahaan. Teknik pengambilan sampel dengan purposive sampling. Sampel yang masuk kriteria sebanyak 24 perusahaan dengan 48 unit analisis. Metode analisis penelitan ini menggunakan regresi linear berganda. Hasil penelitian ini menunjukkan bahwa reputasi auditor, dan struktur kepemilikan publik berpengaruh positif signifikan terhadap pengungkapan enterprise risk management. Sedangkan keberadaan risk management committee, dan ukuran perusahaan tidak memiliki pengaruh signifikan terhadap pengungkapan enterprise risk management. Penelitian selanjutnya sebaiknya mengidentifikasi variabel lain yang memiliki pengaruh terhadap pengungkapan enterprise risk management. This study ains to analyze the effect of auditor reputation, risk management committee, firm size, and public ownership structure on enterprise risk management disclosure. The population of this study is all property and real estate companies listed in Indonesia Stock Exchange (IDX year of 2012 to 2013, amount to 48 companies. The study uses purposive sampling. The companies that meet requirements stated by this study were 24 companies with 48 data in term of financial reports. Methods of data analyze used in this study is multiple linear regression. The results of this study show that auditor reputation and public ownership structure has significant effect on enterprise risk management disclosure. Meanwhile, risk management committee and firm size do not have significant effect of enterprise risk management disclosure. Other researchers should identify other variable that have potential influence on firm value, such as public

  7. Experimentality: The friendly face of power? The interactive new media as tools of discretionary governance and risk management

    Directory of Open Access Journals (Sweden)

    Wolf Heydebrand

    2013-10-01

    Full Text Available The interactive new media (INM are a powerful information technology (IT with contradictory consequences for the nature of work, creativity, and innovation. Digital interactivity shortens both time and distance within and across global networks. It reduces labor time and transaction costs, eases the shift from manual to mental labor, and raises efficiency, productivity, and profits. It facilitates quick responses to changing conditions and new opportunities, and it encourages experimentation, risk taking, discovery, and innovation. IT and INM constitute the technical infrastructure of advanced business and consulting services like advertising, management consulting, and accounting. They are popular components of the globalizing culture industry. But INM are also instruments of discretionary governance and neoliberal governmentality. They have an unaccountable influence on financial, actuarial, cybernetic and ideological forms of power, and they serve to extend the mechanisms of indirect and anonymous social control into everyday life. The INM are widely adopted for purposes of discretionary governance and risk management, but tend to escape autonomous social and democratic regulation. The paper examines the effects of INM on small project teams as well as on aspects of neoliberal experimentality such as informalism and flexibility at work, the hacker work ethic, social networking, and techno-libertarianism. The conclusion reconsiders the intrinsic tension between neoliberal experimentality and governmentality.

  8. Cumulative Effects Assessment: Linking Social, Ecological, and Governance Dimensions

    Directory of Open Access Journals (Sweden)

    Marian Weber

    2012-06-01

    Full Text Available Setting social, economic, and ecological objectives is ultimately a process of social choice informed by science. In this special feature we provide a multidisciplinary framework for the use of cumulative effects assessment in land use planning. Forest ecosystems are facing considerable challenges driven by population growth and increasing demands for resources. In a suite of case studies that span the boreal forest of Western Canada to the interior Atlantic forest of Paraguay we show how transparent and defensible methods for scenario analysis can be applied in data-limited regions and how social dimensions of land use change can be incorporated in these methods, particularly in aboriginal communities that have lived in these ecosystems for generations. The case studies explore how scenario analysis can be used to evaluate various land use options and highlight specific challenges with identifying social and ecological responses, determining thresholds and targets for land use, and integrating local and traditional knowledge in land use planning. Given that land use planning is ultimately a value-laden and often politically charged process we also provide some perspective on various collective and expert-based processes for identifying cumulative impacts and thresholds. The need for good science to inform and be informed by culturally appropriate democratic processes calls for well-planned and multifaceted approaches both to achieve an informed understanding of both residents and governments of the interactive and additive changes caused by development, and to design action agendas to influence such change at the ecological and social level.

  9. Occupational stress and cardiovascular risk factors in high-ranking government officials and office workers.

    Science.gov (United States)

    Mirmohammadi, Seyyed Jalil; Taheri, Mahmoud; Mehrparvar, Amir Houshang; Heydari, Mohammad; Saadati Kanafi, Ali; Mostaghaci, Mehrdad

    2014-08-01

    Cardiovascular diseases are among the most important sources of mortality and morbidity, and have a high disease burden. There are some major well-known risk factors, which contribute to the development of these diseases. Occupational stress is caused due to imbalance between job demands and individual's ability, and it has been implicated as an etiology for cardiovascular diseases. This study was conducted to evaluate the cardiovascular risk factors and different dimensions of occupational stress in high-ranking government officials, comparing an age and sex-matched group of office workers with them. We invited 90 high-ranking officials who managed the main governmental offices in a city, and 90 age and sex-matched office workers. The subjects were required to fill the occupational role questionnaire (Osipow) which evaluated their personal and medical history as well as occupational stress. Then, we performed physical examination and laboratory tests to check for cardiovascular risk factors. Finally, the frequency of cardiovascular risk factors and occupational stress of two groups were compared. High-ranking officials in our study had less work experience in their current jobs and smoked fewer pack-years of cigarette, but they had higher waist and hip circumference, higher triglyceride level, more stress from role overload and responsibility, and higher total stress score. Our group of office workers had more occupational stress because of role ambiguity and insufficiency, but their overall job stress was less than officials. The officials have higher scores in some dimensions of occupational stress and higher overall stress score. Some cardiovascular risk factors were also more frequent in managers.

  10. What Is Trust? Ethics and Risk Governance in Precision Medicine and Predictive Analytics.

    Science.gov (United States)

    Adjekum, Afua; Ienca, Marcello; Vayena, Effy

    2017-12-01

    Trust is a ubiquitous term used in emerging technology (e.g., Big Data, precision medicine), innovation policy, and governance literatures in particular. But what exactly is trust? Even though trust is considered a critical requirement for the successful deployment of precision medicine initiatives, nonetheless, there is a need for further conceptualization with regard to what qualifies as trust, and what factors might establish and sustain trust in precision medicine, predictive analytics, and large-scale biology. These new fields of 21st century medicine and health often deal with the "futures" and hence, trust gains a temporal and ever-present quality for both the present and the futures anticipated by new technologies and predictive analytics. We address these conceptual gaps that have important practical implications in the way we govern risk and unknowns associated with emerging technologies in biology, medicine, and health broadly. We provide an in-depth conceptual analysis and an operative definition of trust dynamics in precision medicine. In addition, we identify three main types of "trust facilitators": (1) technical, (2) ethical, and (3) institutional. This three-dimensional framework on trust is necessary to building and maintaining trust in 21st century knowledge-based innovations that governments and publics invest for progressive societal change, development, and sustainable prosperity. Importantly, we analyze, identify, and deliberate on the dimensions of precision medicine and large-scale biology that have carved out trust as a pertinent tool to its success. Moving forward, we propose a "points to consider" on how best to enhance trust in precision medicine and predictive analytics.

  11. Governance of Land Use Planning to Reduce Fire Risk to Homes Mediterranean France and California

    Directory of Open Access Journals (Sweden)

    Susan D. Kocher

    2017-03-01

    Full Text Available Wildfire is a natural part of forested Mediterranean systems. As humans continue to live and build housing in these areas, wildfire is a constant threat to homes and lives. The goal of this paper is to describe aspects of land-use planning that are used to reduce wildfire risk in institutionally divergent regions; southern France and California. By reviewing relevant legislation and planning documents and conducting in person interviews with fire and planning professionals, we identify the institutions which participate in land use planning to reduce fire risk and the key laws and regulations that guide planning decisions. Our results indicate that France has a more centralized system for planning for fire, with national level entities heavily involved in local land use planning. California, on the other hand sees almost no federal oversite, and, while state law requires local plans to include wildfire risk, most fine grain decisions are left to local planners and decision makers. In both regions, however, we see a reliance on technical support provided from outside local jurisdictions. Increased coordination between local, regional, and national governments could improve land use planning in both locations.

  12. Towards effective telephone-based delivery of government services

    CSIR Research Space (South Africa)

    Barnard, E

    2003-09-01

    Full Text Available Government regulations have combined with a tremendous growth in prepaid cellular telephony to bring telephone connectivity to an unprecedented number of South African citizens – thus creating an ideal platform for delivering services to a wide...

  13. Título da página electrónica: International Risk Governance Council

    Directory of Open Access Journals (Sweden)

    Pedro Pinto dos Santos

    2012-12-01

    Full Text Available O International Risk Governance Council (IRGC é uma organização independente cuja missão é ajudar a compreender e a gerir riscos globais emergentes que têm impacto na segurança, saúde humana, ambiente, economia e na sociedade. O IRGC focaliza a sua acção no desenvolvimento de conceitos e estratégias de governação do risco, sendo esta uma área crucial perante a necessidade de tomar decisões relacionadas com o risco e de conseguir uma maximização da confiança das comunidades nos processos e na...

  14. The Effect of Trade Openness and Income on the Size of a Government

    Directory of Open Access Journals (Sweden)

    Taner TURAN

    2016-02-01

    Full Text Available This paper examines the effect of trade openness and per capita GDP on the size of government for Turkey and South Korea by means of ARDL approach to co-integration. We use different proxies to measure the size of government because not all measures of government size are appropriate to be employed in the estimates. Among the three (four different measures of government size of Korea (Turkey, only one for each country has a co-integrating relationship with openness and per capita GDP. Long run coeffi cients suggest that per capita GDP has a positive and signifi cant effect on the government sizes for Turkey and Korea, implying the validity of the Wagner’s law. However, while openness has a negative effect on government size for Turkey, it has a positive effect for Korea. Our results clearly highlight the importance of choosing an appropriate proxy for government size to reach robust and consistent results.

  15. Extensiveness and Effectiveness of Corporate Governance Regulations in South-Eastern Europe

    OpenAIRE

    Ana Bobirca; Paul-Gabriel Miclaus

    2007-01-01

    The purpose of the article is to illustrate the main characteristics of the corporate governance challenge facing the countries of South-Eastern Europe (SEE) and to subsequently determine and assess the extensiveness and effectiveness of corporate governance regulations in these countries. Therefore, we start with an overview on the subject of the key problems of corporate governance in transition. We then address the issue of corporate governance measurement for SEE coun...

  16. The Effect of 2011 Revised Code of Corporate Governance on Pricing Behaviour of Nigerian Auditors

    OpenAIRE

    Abdulmalik, Salau O.; Ahmad, Ayoib Che

    2015-01-01

    The paper examines the extent which risk management committee and corporate governance committee predict audit fees in Nigeria. We employed random panel data (unbalance) regression analysis to establish whether risk management committee and corporate governance committee affect audit fees. We obtained the data used for this study from the annual reports of public listed companies on the Nigerian Stock Exchange for the periods 2008-2013. Our results indicate a positive relationship between est...

  17. Comparison of risk management regulation from a corporate governance perspective within the German and united states legal areas

    Directory of Open Access Journals (Sweden)

    Remmer Sassen

    2014-11-01

    Full Text Available Risk management is one of the main corporate governance components or management tasks. This paper details a comparison of risk management regulation from a corporate governance perspective of listed stock corporations in Germany and the United States (U.S.. Obviously, there are differences and commonalities between the national legal norms and the regulatory levels of risk management in both countries. The comparison helps to understand different traditions and practices in terms of how significant corporate governance rules are for risk management. Therefore, this article intends to inspire future research on the regulation of risk management across different regions and explore the relevance of national interests in the regulation of risk management. A principal finding of the comparison is that the U.S. corporate governance system seems to be more strongly regulated than the German system. This results from the powerful and coordinating role of the U.S. Securities and Exchange Commission (SEC. Thus, the seemingly more liberal system of non-binding standards in the U.S. has a higher impact on the regulation of risk management than in Germany.

  18. Using information technology governance, risk management and compliance (GRC as a creator of business values – a case study

    Directory of Open Access Journals (Sweden)

    Sam Lubbe

    2011-08-01

    Full Text Available The relationship between Information Technology (IT Governance, Risk Management and Compliance (GRC and organisation business values continues to interest academics and practitioners (IT Governance Institute, 2003. Like governance, risk management and compliance generally, IT GRC is about the decision rights and accountabilities that encourage desirable behaviour in the use of IT (IT Governance Institute, 2003. A case study approach was used in an organisation with many business units. The organisation selected is a mining company, RioZim, situated in Zimbabwe. Data was collected from business units on IT issues and business values. The interviews centred on the IT GRC practices based on responsibility and authority for IT decision making. The results suggest that IT GRC does not adequately support business values. The study revealed that business values should drive IT GRC and IT GRC should be the responsibility of executives and all business units.

  19. Fundamentals of risk management understanding, evaluating and implementing effective risk management

    CERN Document Server

    Hopkin, Paul

    2012-01-01

    Now more than ever, organizations must plan, response and recognize all forms of risks that they face. "Fundamentals of Risk Management", now in its second edition, provides a comprehensive introduction to the subject of commercial and business risk for anyone studying for a career in risk as well as a broad range of risk professionals. It examines the key components of risk management and its application with examples to demonstrate its benefit to organisations in the public and private sector. The second edition has been completely updated to take into account the greater influence of ISO 3100, the emergence of Governance Risk and Compliance (GRC) and the wide use of the bowtie method to illustrate risk management. In addition, there is now a chapter on the skills and competencies required by an effective risk manager.

  20. Risk management communication system between a local government and residents using several network systems and terminal devices

    Science.gov (United States)

    Ohyama, Takashi; Enomoto, Hiroyuki; Takei, Yuichiro; Maeda, Yuji

    2009-05-01

    Most of Japan's local governments utilize municipal disaster-management radio communications systems to communicate information on disasters or terrorism to residents. The national government is progressing in efforts toward digitalization by local governments of these systems, but only a small number (approx. 10%) have introduced such equipment due to its requiring large amounts of investment. On the other hand, many local governments are moving forward in installation of optical fiber networks for the purpose of eliminating the "digital divide." We herein propose a communication system as an alternative or supplement to municipal disaster-management radio communications systems, which utilizes municipal optical fiber networks, the internet and similar networks and terminals. The system utilizes the multiple existing networks and is capable of instantly distributing to all residents, and controlling, risk management information. We describe the system overview and the field trials conducted with a local government using this system.

  1. Collaborative risk governance in informal urban areas: The case of Wallacedene temporary relocation area

    Directory of Open Access Journals (Sweden)

    Patricia J. Zweig

    2017-04-01

    Full Text Available Community-based disaster risk management (CBDRM is an emancipatory approach that aims to empower local communities in reducing their own risks. A community risk assessment (CRA is an essential element of CBDRM, incorporating highly participatory processes of hazard identification and vulnerability analysis. By incorporating local knowledge and insights, together with those contributed by other external role players, the nature of local risks can be more accurately identified, giving consideration to their causal factors, the nature of their realised impacts or potential effects on a local community and the challenges posed in addressing them. Reflecting on the process and outcomes of a CRA conducted in an informal settlement in the Cape Town metropolitan area, this article describes how one such risk assessment contributed to building local agency through a process of collaborative engagement. Offered as an example of possible best practice, it illustrates both the immediate and potentially longer term benefits to be derived from such a collaborative process, suggesting that a community-based risk assessment may contribute significantly to building more resilient communities. It concludes with a consideration of the challenges of sustaining longer term risk reduction efforts.

  2. The Effects of Foreign Government Policies on the Location of U.S. Direct Investment Abroad

    Directory of Open Access Journals (Sweden)

    Kee Min

    2001-06-01

    Full Text Available Many argue about which policy and non-policy variables play an important role in influencing foreign direct investment decisions. This article contributes to this debate by considering the effects of foreign government policies on the location of U.S. direct investment abroad. The analysis used pooled cross-section and time series data for 44 countries over three time periods to examine the effects of different types of non-policy and policy variables, including market size, per capita income, country risks, tax rates, investment incentives, and investment regulations. This study found that a policy variable, investment regulation and two non-policy variables, market size and per capita income impact investment decision. A moderately strong effect is found in investment incentive policy, whereas country risks and tax rates turned out not to be strong factors in influencing U.S. investment locations. However, in the case of FDI in developing countries, country risk and tax rates appeared to be more important factors for the location of U.S. FDI than host countries' market size. Strong interaction effects between policy variable and market size are found, while less strong interaction is found between policy variable and per capita income. This study concludes that policy variables are also important factors along with non-policy factors and the determinants of FDI are not independently exerting an influence but jointly affecting U.S. investment locations.

  3. Private financing and operation of a space station: Investment requirements, risk, government support and other primary business management considerations

    Science.gov (United States)

    Simon, M.

    1982-01-01

    Private investment in a manned space station is considered as an alternative to complete government sponsorship of such a program. The implications of manned space operations are discussed from a business perspective. The most significant problems and risks which would be faced by a private company involved in a space station enterprise are outlined and possible government roles in helping to overcome these difficulties suggested. Economic factors such as inflation and the rate of interest are of primary concern, but less obvious conditions such as antitrust and appropriate regulatory laws, government appropriations for space activities, and national security are also considered.

  4. Integration of Strategic Management, Governance and Risk Management: Impact of the Crisis of 2008 in Two Companies of Food

    Directory of Open Access Journals (Sweden)

    Antonio Francisco de Almeida da Silva Junior

    2013-12-01

    Full Text Available During the crisis of 2008, several Brazilian companies have accumulated losses that worth billions, as the result of a high foreign exchange rate exposure and failures in risk management and Corporate Governance. The aim of this research is to identify the strategic factors that contributed to two very similar companies to follow different paths in the financial crisis of 2008. To better understanding the subject, it was made a brief analysis of the foundations of the Corporate Governance, the requirements listed by BM&FBOVESPA and the principles of the financial risk management. The research identified that the practice of risk management is crucial in implementing best practices of corporate governance and that despite numerous initiatives of various institutions and regulators in establishing self-regulatory mechanisms to ensure the use of these practices, there are still flaws able to allow companies previously considered solid incurring in strategies that may jeopardize its existence.

  5. An Investigation of the Impact of Corporate Governance Mechanisms on Level of Corporate Risk Disclosure: Evidence from Kuwait

    Directory of Open Access Journals (Sweden)

    Bader Al-Shammari

    2014-06-01

    Full Text Available This study investigated the association between corporate governance mechanisms and corporate risk disclosure (CRD in the annual reports for a sample of 109 Kuwaiti listed non-financial companies in 2012. The study used a manual content analysis to measure risk disclosure by counting the number of risk-related sentences in annual reports. A multiple regression analysis was used to test the impact of board size, non-executive directors, percentage of family members on board, role duality, and audit committee on CRD. The quantity of risk disclosures in the Kuwaiti companies' annual reports was very limited. The results showed that the larger board size has a positive impact on CRD. However, the findings also indicated the existence of role duality lead to lower risk disclosure. Other corporate governance mechanisms did not explain variation in CRD.

  6. Corporate Governance and Acquisitions: Acquirer Wealth Effects in the Netherlands

    NARCIS (Netherlands)

    A. de Jong (Abe); A.M. van der Poel (Marieke); M. Wolfswinkel (Michiel)

    2007-01-01

    textabstractWe examine 865 acquisitions by Dutch industrial firms over the period 1993–2004. Theoretical work based on principal–agent problems predicts that managers of exchange-listed corporations may pursue acquisitions even when these do not add value for the shareholders. Corporate governance

  7. Arenas for risk governance in nuclear waste management - The European Union ARGONA Project

    Energy Technology Data Exchange (ETDEWEB)

    Jonsson, Josefin P.; Wetzel, Carina (Swedish Radiation Safety Authority, SE-171 16 Stockholm (Sweden)); Andersson, Kjell; Lidberg, Maria (Karita Research AB, Box 6048, SE-187 06 Taeby (Sweden))

    2009-12-15

    There is a large knowledge base about governance issues but how to implement the new processes of transparency and participation is not self-evident. In other words there is a common demand for bridging the gap between research and implementation for the governance of nuclear waste management. There are legal, organizational, historical and cultural factors that set conditions which have to be understood for effective implementation. We must also understand how deliberative methods and the transparency approach relate to each other, and to formal decision-making in representative democracy. Therefore, the ARGONA project intends to demonstrate how participation and transparency link to the political and legal systems and how new approaches can be implemented in nuclear waste management programmes. For this purpose, the project includes: Studies of the context within which processes of participation and transparency take place, in order to understand how the processes can be used in the waste management programs. Studies of theory - in order to build participation and transparency on a firm ground; Case studies - to understand how different processes work; Implementation - to make a difference, learn and demonstrate. The project now approaches its finalization and it is foreseen that the reporting, in addition to 25 deliverables to the European Commission, will include a full final report, a summary final report and recommendations with proposed guidelines that can be considered by national actors of nuclear waste programmes as well as the European Commission

  8. Arenas for risk governance in nuclear waste management - The European Union ARGONA Project

    International Nuclear Information System (INIS)

    Jonsson, Josefin P.; Wetzel, Carina; Andersson, Kjell; Lidberg, Maria

    2009-12-01

    There is a large knowledge base about governance issues but how to implement the new processes of transparency and participation is not self-evident. In other words there is a common demand for bridging the gap between research and implementation for the governance of nuclear waste management. There are legal, organizational, historical and cultural factors that set conditions which have to be understood for effective implementation. We must also understand how deliberative methods and the transparency approach relate to each other, and to formal decision-making in representative democracy. Therefore, the ARGONA project intends to demonstrate how participation and transparency link to the political and legal systems and how new approaches can be implemented in nuclear waste management programmes. For this purpose, the project includes: Studies of the context within which processes of participation and transparency take place, in order to understand how the processes can be used in the waste management programs. Studies of theory - in order to build participation and transparency on a firm ground; Case studies - to understand how different processes work; Implementation - to make a difference, learn and demonstrate. The project now approaches its finalization and it is foreseen that the reporting, in addition to 25 deliverables to the European Commission, will include a full final report, a summary final report and recommendations with proposed guidelines that can be considered by national actors of nuclear waste programmes as well as the European Commission

  9. Trustee workbook 3. Effective governance after Enron and AHERF.

    Science.gov (United States)

    Orlikoff, James E; Totten, Mary K

    2002-01-01

    High profile business failures such as Enron and AHERF have raised the public's consciousness about the governing board's crucial role in ensuring sound, ethical business practices. AHERF (the Allegheny Health, Education, and Research Foundation in Philadelphia) was the largest not-for-profit health care bankruptcy in history and has generated many lawsuits against the AHERF boards and individual trustees. The Enron bankruptcy will certainly result in lawsuits against its board and directors and has embarrassed board members profoundly.

  10. Nested governance for effective REDD+: Institutional and political arguments

    Directory of Open Access Journals (Sweden)

    Prakash Kashwan

    2014-08-01

    Full Text Available Reducing Emissions from Deforestation and Forest Degradation and Forest Enhancement (REDD+ has become a central focus of global climate change mitigation efforts. Even though the international demand for forest-based carbon sequestration is the key driver of REDD+, forest protection strategies must be implemented on the ground. This cross-scale nature of REDD+ explains why scholars and policy makers increasingly favor nested governance arrangements over either fully centralized or fully decentralized REDD+ governance. The focus of the literature on nested REDD+ governance has mostly been on monitoring, reporting, and verification of carbon emission reductions across sub-national, national, and international levels. We build on Ostrom’s principle of ‘nested enterprises’ to argue that REDD+ must be designed to systematically and formally link national policy reforms with the organization and execution of sub-national (regional and local forest conservation efforts led by forest users. We also contribute new insights on the political dimensions of nestedness in REDD+, with important roles for inter-community forestry associations and forest rights movements.

  11. Defining a risk-informed framework for whole-of-government lessons learned: A Canadian perspective.

    Science.gov (United States)

    Friesen, Shaye K; Kelsey, Shelley; Legere, J A Jim

    Lessons learned play an important role in emergency management (EM) and organizational agility. Virtually all aspects of EM can derive benefit from a lessons learned program. From major security events to exercises, exploiting and applying lessons learned and "best practices" is critical to organizational resilience and adaptiveness. A robust lessons learned process and methodology provides an evidence base with which to inform decisions, guide plans, strengthen mitigation strategies, and assist in developing tools for operations. The Canadian Safety and Security Program recently supported a project to define a comprehensive framework that would allow public safety and security partners to regularly share event response best practices, and prioritize recommendations originating from after action reviews. This framework consists of several inter-locking elements: a comprehensive literature review/environmental scan of international programs; a survey to collect data from end users and management; the development of a taxonomy for organizing and structuring information; a risk-informed methodology for selecting, prioritizing, and following through on recommendations; and standardized templates and tools for tracking recommendations and ensuring implementation. This article discusses the efforts of the project team, which provided "best practice" advice and analytical support to ensure that a systematic approach to lessons learned was taken by the federal community to improve prevention, preparedness, and response activities. It posits an approach by which one might design a systematic process for information sharing and event response coordination-an approach that will assist federal departments to institutionalize a cross-government lessons learned program.

  12. Integrated risk governance in the Yungui Plateau, China: The 2008 ice-snow storm disaster

    Directory of Open Access Journals (Sweden)

    Qian Ye

    2012-05-01

    Full Text Available Yungui Plateau in Southwestern China is regarded as one of the major bio- and cultural diversity centers in the world because it contains a remarkable variety of ecological niches and ethnic groups. Due to its unique mountain geographic landscape and domination by a monsoon climate, it has high vulnerabilities and is frequently hit by various climatic and geological hazards such as droughts, floods, earthquakes, and landslides. In the past two decades, while the region has enjoyed rapid social and economic development, vegetation degradation, water pollution and soil loss, as well as other environmental problems, have become major concerns in the region. In January 2008, nearly half of China was hit by an unprecedented series of hazards of low temperature, persistent rain, snow, and a series of ice storms with South China suffering the most. In this paper, with a comprehensive overview of the causes and consequences of the disaster, a disaster chain in Yungui Plateau is identified and environmental, social, economic and political factors are analyzed under a framework of integrated risk governance.

  13. A risk governance approach for high-level waste in Belgium: A process appraisal

    International Nuclear Information System (INIS)

    Laes, Erik; Eggermont, Gilbert; Bombaerts, Gunter

    2010-09-01

    The Belgian nuclear waste management organisation (NIRAS-ONDRAF) has recently started up a public debate on the strategic waste management options for the intermediate- and high-level radioactive waste (cat. B and C waste). This public debate takes place in the context of a (mandatory) strategic environmental impact assessment (SEA) procedure. The paper proposes a critical investigation of four interrelated aspects of this procedure from the point of view of 'good governance': assessment of the remaining uncertainties, guardianship of the democratic process, the organisation of expertise and the interpretation of transgenerational ethics and distributive justice in the new crisis context of globalization and failure of electricity liberalisation. We argue that - in spite of the overall soundness of the geological disposal option - many uncertainties remain: a new technical concept needs to be demonstrated and international financial management needs to be organised. On the process side we argue that although NIRAS-ONDRAF can take up a role as initiator of a public participation process, it can hardly act as a guardian of this process. The debate must be lifted above the local level, opened up to new actors with an active role of the safety authorities and guarded by a non-involved organisation. A condition for success is the creation of critical awareness and the capacity to manage controversy in future with critical expertise. Referring to the RISCOM model for transparent risk communication, we suggest some improvements to the process that is currently taking place

  14. Public policy-making and risk profiles: Scandinavian centre-right governments after the turn of the millennium

    DEFF Research Database (Denmark)

    Arndt, Christoph

    2017-01-01

    , the textbook risk profile of centre-right parties’ electorates allows them to cut back on labour market-related schemes since these parties get negligible support from workers and low income voters. Conducting a comparative case study of recent Danish and Swedish centre-right governments, this article analyses......Recent theoretical advances in the welfare state literature have outlined the differences between labour market- and life course-related schemes as centre-right parties have difficulties in enacting retrenchment on life course-related schemes because they concern every voter. In contrast...... the stylised assumptions on the party level by comparing two similar centre-right governments which differed in their voter coalitions’ risk profile. I first argue that centre-right governments are generally constrained by the popular entrenchment of the universal welfare state when it comes to life course-related...

  15. THE RISK OF FRAUD WITHOUT IMPLEMENTATION OF THE PILLARS OF CORPORATE GOVERNANCE AT THE LEVEL OF CREDIT INSTITUTIONS IN ROMANIA

    Directory of Open Access Journals (Sweden)

    VLAD MARIANA

    2013-02-01

    Full Text Available In this article, the authors seek to emphasize the risk factors that may occur due to not implementing or faultyimplementation of corporate governance for credit institutions, and its role in fraud prevention and detection. To avoidinappropriate governance, top management should have special preoccupations for the development of strategies,developing internal control policies by which to determine and evaluate the risks of the organization. Corporategovernance starts with a broad range of beneficiaries (stakeholders who contribute with resources to an organization(investments, taxes, charitable contributions, etc. Those members are the direct and indirect beneficiaries of theorganizational unit to be regulated. Corporate governance involving several parties: the leadership board, the internalauditors or those of the external environment. In some cases, regulatory authorities or professional associations,contribute to this process.

  16. The Effect of Consumer Expectation Index, Economic Condition Index and Crude Oil Price on Indonesian Government Bond Yield

    Directory of Open Access Journals (Sweden)

    Benny Budiawan Tjandrasa

    2017-06-01

    Full Text Available Governments sell bonds to finance their budget. The investors willing to buy government bonds because of the yield they will get, but on the other hand if government bond yields is  too high it would burden the state in paying the interest due. Various studies have been done to find the variables that affect government bond yield significantly, such as exchange rate, inflation rate, interest rate, and oil price. This study found two more variables namely consumer expectations index and the economic conditions index to complement the variables that have been discovered. Those two variables are used as a proxy of economic stability of a country, the increase of those variables represent the increase of economic stability and will reduce the level of risk and lowering the yield that investors demand. This research use descriptive method and explanatory study with secondary data using multivariate regression equation model. The results shown consumer expectation index and economic condition index have significant effect on Indonesian Government Bond yield. To keep consumer expectation index and economic condition index increase government should give a positive signal and a sense of security to investor.

  17. Technical and governance considerations for advanced metering infrastructure/smart meters: Technology, security, uncertainty, costs, benefits, and risks

    International Nuclear Information System (INIS)

    McHenry, Mark P.

    2013-01-01

    The fundamental role of policymakers when considering Advanced Metering Infrastructure (AMI), or ‘smart meters for energy and water infrastructure is to investigate a broad range of complex interrelated issues. These include alternative technical and non-technical options and deployment needs, the cost and benefits of the infrastructure (risks and mitigation measures), and the impact of a number of stakeholders: consumers, distributors, retailers, competitive market operators, competing technology companies, etc. The scale and number of potential variables in the AMI space is an almost unprecedented challenge to policymakers, with the anticipation of new ancillary products and services, associated market contestability, related regulatory and policy amendments, and the adequacy of consumer protection, education, and safety considerations requiring utmost due-diligence. Embarking on AMI investment entails significant technical, implementation, and strategic risk for governments and administering bodies, and an active effort is required to ensure AMI governance and planning maximises the potential benefits, and minimise uncertainties, costs, and risks to stakeholders. This work seeks to clarify AMI fundamentals and discusses the technical and related governance considerations from a dispassionate perspective, yet acknowledges many stakeholders tend to dichotomise debate, and obfuscate both advantages and benefits, and the converse. - Highlights: • AMI presents an almost unprecedented technical and governance policy challenge. • AMI enables vertical integration of electricity, gas, water, IT, and telco entities • AMI investments involve major technical, implementation, and strategic decisions. • Adequacy of consumer education, safety, privacy, and protection is paramount. • Policy must maximise AMI benefits and minimise uncertainties, costs, and risks

  18. Environmental factors and the risk of urinary schistosomiasis in Ile Oluji/Oke Igbo local government area of Ondo State

    Directory of Open Access Journals (Sweden)

    Oluwaremilekun G. Ajakaye

    2016-06-01

    Full Text Available Geographic information systems are being increasingly used to show the distributions of disease where data for specific environmental risk factors are available. For successful transmission of schistosomiasis, suitable climatic conditions and biological events must coincide; hence its distribution and prevalence are greatly influenced by environmental factors affecting the population of snail intermediate hosts and human hosts. Prevalence and demographic data was obtained by parasitological examination of urine samples and questionnaire administration. The mean values of environmental factors corresponding to the local government area were obtained from remotely sensed images and data from climate research unit. The effects of the environmental factors were determined by using regression analysis to analyse the correlation of environmental factors to prevalence of schistosomiasis. There was a negative correlation between infection and elevation. There was a positive correlation between vegetation, rainfall, slope, temperature and prevalence of infection. There was also a weak negative correlation between proximity to water body and prevalence. The result shows the study area to be at low to high risk of infection.

  19. Corporate Governance and its Impact on Firm Performance and Risk in Food and Beverages Industry: Empirical Analysis on Dutch Lady Berhad

    OpenAIRE

    Erizal, Nurulhidayu

    2017-01-01

    The main objective of this study was to investigate the relationship between Corporate Governance and its impaction firm performance and risk in food and beverage industry. Specifically, this study examined liquidity risk, credit risk and leverage and how they affect to the Corporate Governance. For the firm performance was measured with using Return on Asset (ROA). In this study it found that a strong relationship exists between the Corporate Governance practices under study and the firm’s f...

  20. Innovative Pathways for Effective E-Governance in Africa: The Imperative of Authentic Leadership

    Directory of Open Access Journals (Sweden)

    Godwyns Agbude

    2015-12-01

    Full Text Available The evolving concept of e-governance has become one of the leading praxis of the 21st Century. This again reinforces, not just the importance of governance in human societies, but the need to redefine, reappraise, reinvent and redirect the path of governance towards effective and efficient service delivery. The paradigm of Science and Technology therefore presents the leading edge in our contemporary world thereby validating the viability of Information and Communication Technology (ICT in governance at diverse levels of operations. This paper, employs secondary data and presents the position that in the light of the fact that e-governance covers areas such as government, citizens and businesses/interest groups, the central place of leadership that will authenticate trust and confidence in the effective delivery of the e-governance protocols therefore becomes an imperative. In the gamut of literature on leadership, this paper identifies authentic leadership as a necessary condition that will facilitate effectiveness and efficiency of e-governance. This paper concludes that since there is a human dimension to the process of e-governance, creating innovative pathways for its effectiveness in Africa calls for authentic leadership which emphasizes constructive and developmental interactions between leaders and followers.

  1. Prospects for public participation on nuclear risks and policy options: innovations in governance practices for sustainable development in the European Union.

    Science.gov (United States)

    O'Connor, M; van den Hove, S

    2001-09-14

    We outline the potential participative governance and risk management in application to technological choices in the nuclear sector within the European Union (EU). Well-conducted public participation, stakeholder consultation and deliberation procedures can enhance the policy process and improve the robustness of strategies dealing with high-stakes investment and risk management challenges. Key nuclear issues now confronting EU member states are: public concern with large-scale environmental and health issues; the Chernobyl accident (and others less catastrophic) whose effect has been to erode public confidence and trust in the nuclear sector; the maturity of the nuclear plant, hence the emerging prominence of waste transportation, reprocessing and disposal issues as part of historical liability within the EU; the nuclear energy heritage of central and eastern European candidate countries to EU accession. The obligatory management of inherited technological risks and uncertainties on large temporal and geographical scales, is a novel feature of technology assessment and governance. Progress in the nuclear sector will aid the development of methodologies for technological foresight and risk governance in fields other than the nuclear alone.

  2. Interactive Governance

    DEFF Research Database (Denmark)

    Bang, Henrik

    2016-01-01

    Governance analysis has exploded in recent years, and it has become nearly impossible to tell what difference the concept and practice of governance makes from those of government and state. In addition governance analysis has been placed more and more in the shadow of the new institutionalisms and...... and growth. However, interactive governance is not a property or effect of institutions; nor does it apply solely to those individuals who seek success above everything else. It is connective more than individualistic or collectivistic in nature; and it manifests a governability capacity which...

  3. Governance of innovation and appropriateness of hospitalization for high-risk pregnancy: the TOCOMAT system.

    Science.gov (United States)

    Tagliaferri, Salvatore; Ippolito, Adelaide; Cuccaro, Patrizia; Annunziata, Maria Laura; Campanile, Marta; Di Lieto, Andrea

    2013-07-01

    Over the last 30 years, a great increase in the application of technologies in public health, with an undisputed impact on both the effectiveness of performance and the investment and management costs, has occurred. This evidence has induced the development of assessment tools to clarify the relationships among resources, outputs, and outcomes of technological innovations. This analysis was developed in order to examine the use of a telematic system for reporting remotely transmitted cardiotocographic traces, specifically (1) its impact on the health organization and on the appropriateness of the care setting used and (2) the efficiency of its adoption in a regional network. We adopted a case-control study on patients' medical records during the first 4 months of 2009, 2010, and 2011 and a cost analysis of resources used for the creation of a computerized telecardiotocography network connecting eight peripheral areas to the operations center. The case-control study showed a reduction in the average hospital stay days for high-risk patients (1.32) and for low-risk patient (1.7) with a total of cost savings of €89,628 for high-risk patients and €170,170 for low-risk patients. The cost savings of the regional network was €20,769.04. The adoption of a remote transmission system of cardiotocography provided a managerial and economic advantage in the reduction of inappropriate admissions for prepartum symptoms and an improvement in the admission indicators (hospital stay days).

  4. Risks and governance modes in offshoring decisions : Linking supply chain management and international business perspectives

    NARCIS (Netherlands)

    Patrucco, A.S.; Scalera, V.G.; Luzzini, D.

    2016-01-01

    Governing offshoring has become a major challenge for firms that run operations outside the home country. International business (IB) and supply chain management (SCM) literature offer different insights on the topic, focusing especially on possible governance modes and the drivers of this choice,

  5. Budget Monitoring and Control in South African Township Schools: Democratic Governance at Risk

    Science.gov (United States)

    Mestry, Raj; Naidoo, Gans

    2009-01-01

    This article investigates budget monitoring and control in township schools in South Africa. The enactment of the Schools Act 1996 revolutionized school financial management in South Africa, making it part of the drive for democratic school governance. School governing bodies had to be established, whose responsibility it became to manage finances…

  6. Corporate governance effect on financial distress likelihood: Evidence from Spain

    Directory of Open Access Journals (Sweden)

    Montserrat Manzaneque

    2016-01-01

    Full Text Available The paper explores some mechanisms of corporate governance (ownership and board characteristics in Spanish listed companies and their impact on the likelihood of financial distress. An empirical study was conducted between 2007 and 2012 using a matched-pairs research design with 308 observations, with half of them classified as distressed and non-distressed. Based on the previous study by Pindado, Rodrigues, and De la Torre (2008, a broader concept of bankruptcy is used to define business failure. Employing several conditional logistic models, as well as to other previous studies on bankruptcy, the results confirm that in difficult situations prior to bankruptcy, the impact of board ownership and proportion of independent directors on business failure likelihood are similar to those exerted in more extreme situations. These results go one step further, to offer a negative relationship between board size and the likelihood of financial distress. This result is interpreted as a form of creating diversity and to improve the access to the information and resources, especially in contexts where the ownership is highly concentrated and large shareholders have a great power to influence the board structure. However, the results confirm that ownership concentration does not have a significant impact on financial distress likelihood in the Spanish context. It is argued that large shareholders are passive as regards an enhanced monitoring of management and, alternatively, they do not have enough incentives to hold back the financial distress. These findings have important implications in the Spanish context, where several changes in the regulatory listing requirements have been carried out with respect to corporate governance, and where there is no empirical evidence regarding this respect.

  7. The Climate Resilience Toolkit: Central gateway for risk assessment and resilience planning at all governance scales

    Science.gov (United States)

    Herring, D.; Lipschultz, F.

    2016-12-01

    As people and organizations grapple with a changing climate amid a range of other factors simultaneously shifting, there is a need for credible, legitimate & salient scientific information in useful formats. In addition, an assessment framework is needed to guide the process of planning and implementing projects that allow communities and businesses to adapt to specific changing conditions, while also building overall resilience to future change. We will discuss how the U.S. Climate Resilience Toolkit (CRT) can improve people's ability to understand and manage their climate-related risks and opportunities, and help them make their communities and businesses more resilient. In close coordination with the U.S. Climate Data Initiative, the CRT is continually evolving to offer actionable authoritative information, relevant tools, and subject matter expertise from across the U.S. federal government in one easy-to-use location. The Toolkit's "Climate Explorer" is designed to help people understand potential climate conditions over the course of this century. It offers easy access to downloadable maps, graphs, and data tables of observed and projected temperature, precipitation and other decision-relevant climate variables dating back to 1950 and out to 2100. Since climate is only one of many changing factors affecting decisions about the future, it also ties climate information to a wide range of relevant variables to help users explore vulnerabilities and impacts. New topic areas have been added, such as "Fisheries," "Regions," and "Built Environment" sections that feature case studies and personal experiences in making adaptation decisions. A curated "Reports" section is integrated with semantic web capabilities to help users locate the most relevant information sources. As part of the USGCRP's sustained assessment process, the CRT is aligning with other federal activities, such as the upcoming 4th National Climate Assessment.

  8. Credit Risk Analysis of Local Government Financing Platform – An empirical study based on KMV model

    Directory of Open Access Journals (Sweden)

    Zhou Tingting

    2015-01-01

    Full Text Available The local government financing platform is set up by local government through state-owned assets, real estate and equity capital. The functions of these companies are financing, construction, operation, the repaying debts. The local government financing platform can broaden the financing channels of local government in a great extent; alleviate the pressure of capital requirement. But at the same time, with the gradual expansion of the scale of debt, a series of problems has arisen: the amount of financing platform companies is huge, debt repayment depends too much on real estate price, the integration of government administration with enterprise, capital injection, and accounts of these companies are not well exposed. Once these problems outbreak, it may cause a series of financial crises, thereby threaten the entire banking industry even the healthy development of the national economy.

  9. The Effect of Corruption on Government Expenditure Allocation in OECD Countries

    Directory of Open Access Journals (Sweden)

    Ondřej Jajkowicz

    2015-01-01

    Full Text Available This paper empirically examines the effect of corruption on the allocation of government expenditures by function. Equations using pooled panel dataset for 21 OECD countries between 1998 and 2011 were tested, and the findings show that government expenditure on defense and general public services increase, while government expenditures on education, health, recreation, culture and religion decline with higher levels of corruption. This paper presents new results and new evidence on the link between corruption and allocation of government expenditures in OECD countries.

  10. The effects of local government investment on economic growth and employment: evidence from transitional China

    Institute of Scientific and Technical Information of China (English)

    Zhang Weiguo; Hou Yongjian

    2009-01-01

    Based on the panel data of 28 provinces in the year of 1987-2001,this paper examines the effects of the local government investment on economic growth and employment.The empirical result shows that the local government investment plays a significant positive role in economic growth and emplovment.However,while the proportion of local government investment to GDP had a remarkable rise after 1998.the elasticity of local government investment on economic growth declined,which shows that there is a hig room for raising the efficiency of local government mvestment.Moreover,the empirical examination shows that although local government investment had positive effect on employment,the elasticity had a decrease after 1994 when the tax-sharing system reform was put into practice.This shows that the positive role of local government investment on emplovment is also limited.This paper argues that the role of local governments as investors must be weakened,and local governments of different levels should lessen direct economic intervention and concentrate on public regulation.

  11. The contingent effect of governance on organizational performance school boards in Dutch primary education

    NARCIS (Netherlands)

    Torenvlied, René; van den Bekerom, P.; Akkerman, A.

    2013-01-01

    The present paper tests the effects of governance structure on organizational performance. While most studies in public management are concerned with the impact of different types of managerial behavior on organizational performance, the context of the governance structure is mostly neglected. The

  12. The effects of country and firm-level governance on cash management

    NARCIS (Netherlands)

    Seifert, Bruce; Gonenc, Halit

    We examine the effects of both country and firm-level governance on cash holdings and the value of cash for a large international sample during the period 2002-2013. We find that both strong country and strong firm-level governance reduce the amount of cash holdings. We observe that a number of the

  13. Operationalising an effective monitoring and evaluation system for local government: Considerations for best practice

    Directory of Open Access Journals (Sweden)

    Paul Kariuki

    2017-11-01

    Conclusion: The article concluded that effective monitoring and evaluation in local government that is responsive to citizens’ needs is a non-negotiable imperative for government. It recommended that municipalities be adequately resourced with competent monitoring and evaluation human personnel. This is important for strengthening their capacity to deliver efficient monitoring and evaluation services.

  14. The Effect of Government Debt and Other Determinants on Economic Growth: The Greek Experience

    Directory of Open Access Journals (Sweden)

    Panagiotis Pegkas

    2018-02-01

    Full Text Available This study empirically investigates the relationship between economic growth and several factors (investment, private and government consumption, trade openness, population growth and government debt in Greece, where imbalances persist several years after the financial crisis. The results reveal a long-run relationship between variables. Investment as private and government consumption and trade openness affect positively growth. On the other hand, there is a negative long-run effect of government debt and population growth on growth. Furthermore, the study addresses the issue of break effects between government debt and economic growth. The results indicate that the relationship between debt and growth depends on the debt breaks. Specifically, at debt levels before 2000, increases in the government debt-to-GDP ratio are associated with insignificant effects on economic growth. However, as government debt rises after 2000, the effect on economic growth diminishes rapidly and the growth impacts become negative. The challenge for policy makers in Greece is to halt the rising of government debt by keeping a sustainable growth path. Fiscal discipline should be combined with the implementation of coherent, consistent and sequential growth-enhancing structural reforms.

  15. Participatory approaches for environmental governance: theoretical justifications and practical effects

    International Nuclear Information System (INIS)

    Van den Hove, Sybille

    2003-01-01

    A key justification for the rapid development of participatory approaches for environment and sustainable development governance stems from the characteristics of environmental issues. Environmental issues - and radioactive waste disposal is a good example - typically present four important physical characteristics: complexity, uncertainty, large temporal and spatial scales, and irreversibility, which all have consequences on what can be called the social characteristics of environmental issues. These include: social complexity and conflicts of interests, transversality, diffuse responsibilities and impacts, no clear division between micro- and macro-levels, and short-term costs of dealing with the issue associated with benefits which might occur only in the long-term. In turn, these physical and social characteristics determine the type of problem-solving processes needed to tackle environmental issues. It appears that the problem-solving processes best suited to confront global environmental issues will be dynamic processes of capacity-building, - aiming at innovative, flexible and adjustable answers, - allowing for the progressive integration of information as it becomes available, and of different value judgements and logics, - involving various actors from different backgrounds and levels. In promoting more democratic practices, these processes additionally should supersede traditional politics and allow co-ordination across different policy areas. It is deemed that participatory approaches have the potential to meet these problem-solving requirements

  16. The Effect of the Government Intervention in Economy on Corruption

    Directory of Open Access Journals (Sweden)

    Mutascu Mihai IOAN

    2009-05-01

    Full Text Available The corruption is a complex and generalized phenomenon all over the world, with cultural, social, psychological, political and economical dimensions. The defining and the studying of the phenomenon are going through the most different thinking filters known in the specialized literature: social-cultural, political, administrative and economic. The article’s aim is to quantify and analyze the relationship between corruption and political, administrative and economic determinants factors, through a regressive "pool data" model. The sample includes 135 countries of the world, from all continents, with different degrees of economic development and political-administrative structures, for the period 1996-2008. What is interesting is that, the study shows the distortion into the government intervention function in the economy, seen as a significant proliferation factor for the corruption phenomenon. This connection has different intensity, as the state is developed, developing or in transition. Moreover, there is a number of unobserved factors, which emphasizes or temperate in temporal approach the relationship between corruption - political, administrative and economic determinants factors.

  17. Perceptions of risk from nanotechnologies and trust in stakeholders: a cross sectional study of public, academic, government and business attitudes.

    Science.gov (United States)

    Capon, Adam; Gillespie, James; Rolfe, Margaret; Smith, Wayne

    2015-04-26

    Policy makers and regulators are constantly required to make decisions despite the existence of substantial uncertainty regarding the outcomes of their proposed decisions. Understanding stakeholder views is an essential part of addressing this uncertainty, which provides insight into the possible social reactions and tolerance of unpredictable risks. In the field of nanotechnology, large uncertainties exist regarding the real and perceived risks this technology may have on society. Better evidence is needed to confront this issue. We undertook a computer assisted telephone interviewing (CATI) survey of the Australian public and a parallel survey of those involved in nanotechnology from the academic, business and government sectors. Analysis included comparisons of proportions and logistic regression techniques. We explored perceptions of nanotechnology risks both to health and in a range of products. We examined views on four trust actors. The general public's perception of risk was significantly higher than that expressed by other stakeholders. The public bestows less trust in certain trust actors than do academics or government officers, giving its greatest trust to scientists. Higher levels of public trust were generally associated with lower perceptions of risk. Nanotechnology in food and cosmetics/sunscreens were considered riskier applications irrespective of stakeholder, while familiarity with nanotechnology was associated with a reduced risk perception. Policy makers should consider the disparities in risk and trust perceptions between the public and influential stakeholders, placing greater emphasis on risk communication and the uncertainties of risk assessment in these areas of higher concern. Scientists being the highest trusted group are well placed to communicate the risks of nanotechnologies to the public.

  18. Strengthening and redesigning flood risk governance in Europe: an overview of seven key issues and how they are being dealt with in six European countries

    Directory of Open Access Journals (Sweden)

    Hegger Dries

    2016-01-01

    Full Text Available European countries, especially urban areas, face increasing flood risks due to urbanization, increase of exposure and damage potential, and the effects of climate change. In literature and in practice, it is argued that a diversification of Flood Risk Management Strategies (FRMSs makes countries more flood resilient. The latter requires innovations in existing Flood Risk Governance Arrangements, development of new arrangements and the coordination of these arrangements, but it also requires these arrangements to be tailored to their physical and institutional context. Within the EU FP7 project STAR-FLOOD (2012-2016, a comparative analysis and evaluation of flood risk governance in Belgium, England, France, The Netherlands, Poland and Sweden has been conducted. The project identified at least seven key issues that are relevant for all researched countries (and probably also beyond. These key issues deal with the topics of (i diversifying Flood Risk Management Strategies (ii establishing connectivity between actors, levels and sectors through what we coin “bridging mechanisms” (iii achieving coproduction between public and private actors; (iv improving fragmented and often non-enforceable rule systems; (v optimising available resources for FRM; (vi operationalising the notion of “diversification of FRM strategies” in a country-specific way; (vii follow general design principles for improving FRM that are sufficiently tailored to local circumstances. Drawing on all project deliverables, this paper will briefly review each key issue, discuss salient similarities and differences between the countries and point at ways forward.

  19. Improving School Board Effectiveness: A Balanced Governance Approach

    Science.gov (United States)

    Alsbury, Thomas L., Ed.; Gore, Phil, Ed.

    2015-01-01

    "Improving School Board Effectiveness" offers a clarifying and essential look at the evolving role of school boards and how they contribute to efforts to improve student learning. It examines how board members can establish effective district priorities, and it explores those board policies and actions that result in shared, districtwide…

  20. Dependence Structures and Systemic Risk of Government Securities Markets in Central and Eastern Europe: A CoVaR-Copula Approach

    Directory of Open Access Journals (Sweden)

    Lu Yang

    2018-01-01

    Full Text Available Abstract: In this study, we proposed a new empirical method by combining generalized autoregressive score functions and a copula model with high-frequency data to model the conditional time-varying joint distribution of the government bond yields between Poland/Czech Republic/Hungary, and Germany. Capturing the conditional time-varying joint distribution of these bond yields allowed us to precisely measure the dependence of the government securities markets. In particular, we found a high dependence of these government securities markets in the long term, but a low dependence in the short term. In addition, we report that the Czech Republic showed the highest dependence with Germany, while Hungary showed the lowest. Moreover, we found that the systemic risk dynamics were consistent with the idea that the global financial crisis not only had spillover effects on countries with weak economic fundamentals (e.g., Hungary, which had the highest systemic risk, but also had contagion effects for both CEEC-3 countries and Germany. Finally, we confirm that three major market events, namely the EU accession, the global financial crisis, and the European debt crisis, caused structural changes to the dynamic correlation.

  1. Building Effective Water Governance in the Asian Highlands | IDRC ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    This project seeks to facilitate effective water resource management in the Asian Highlands by integrating climate ... Journal articles ... Adaptation strategies for two Colombian cities were discussed at ADAPTO's second international workshop.

  2. Effectiveness of physical activity intervention among government employees with metabolic syndrome.

    Science.gov (United States)

    Huei Phing, Chee; Abu Saad, Hazizi; Barakatun Nisak, M Y; Mohd Nasir, M T

    2017-12-01

    Our study aimed to assess the effects of physical activity interventions via standing banners (point-of-decision prompt) and aerobics classes to promote physical activity among individuals with metabolic syndrome. We conducted a cluster randomized controlled intervention trial (16-week intervention and 8-week follow-up). Malaysian government employees in Putrajaya, Malaysia, with metabolic syndrome were randomly assigned by cluster to a point-of-decision prompt group (n = 44), an aerobics group (n = 42) or a control group (n = 103) based on sample size calculation formula. Step counts were evaluated by Lifecorder e-STEP accelerometers for all participants. Metabolic syndrome was defined according to the 'harmonizing' definition, in which individuals who have at least three of the five metabolic risk factors (waist circumference, high-density lipoprotein cholesterol, triglycerides, fasting glucose levels, systolic and diastolic blood pressure) will be classified as having metabolic syndrome. A total of 80% of the enrolled government employees with metabolic syndrome completed the programme. Data were analyzed using SPSS for Windows (version 20, SPSS, Chicago, IL). There were significantly higher step counts on average in the aerobics group compared to the control group over assessments. Assessments at baseline, post-intervention and follow-up showed a significant difference in step counts between the intervention and control groups. The greatest reductions in the proportions of individuals with metabolic syndrome were observed in the aerobics group with a reduction of 79.4% in the post-intervention assessment compared to the assessment at baseline. The findings of this study suggest that physical activity intervention via aerobics classes is an effective strategy for improving step counts and reducing the prevalence of metabolic syndrome.

  3. Outrage Factors in Government Press Releases of Food Risk and Their Influence on News Media Coverage.

    Science.gov (United States)

    Ju, Youngkee; Lim, Jeongsub; Shim, Minsun; You, Myoungsoon

    2015-08-01

    An appropriate level of risk perception should be a critical issue in modern "risk society." There have been many studies on the influences on risk perception. This study investigates whether risk communication scholar Dr. Peter Sandman's outrage factors intensify journalistic attention to health risks from food consumption. A content analysis of a health institution's press releases was conducted to examine 15 outrage factors of food risks conveyed in the governmental risk communication. In addition, the news stories covering the food risks informed by the press releases were calculated to evaluate the relation between outrage factors of a risk and the number of news stories covering the risk. Results showed that controllability was the most salient outrage factor, followed by trust, voluntariness, familiarity, and human origin; the greater the outrage score of a risk, the more news stories of the risk. For individual outrage factors, a risk with an implication of catastrophic potential was associated with an increase of news stories. Food providers' distrustful behaviors also influenced journalistic attention to the food risks. The implication of the findings to health message designers is discussed.

  4. Riskgov European Project. Comparative analysis of risk governance for radiological and chemical discharges of industrial installations. Final report

    International Nuclear Information System (INIS)

    Schneider, T.; Schieber, C.; Vaillant, L.; Heriard Dubreuil, G.; Gadbois, S.; Oudiz, A.; Bourgoignon, F.; Milochevitch, A.; PATERSON, J.; Brownless, G.; Bandle, T.; Hansson, S.O.; Hayenhjelm, M.

    2004-11-01

    The objective of the RISKGOV Project is to analyse and identify quality criteria for the governance of industrial activities giving rise to risks to people and the environment from radioactive and chemical discharges during normal operations. For this purpose, RISKGOV aims at: 1) analysing and comparing the elements contributing to the quality of governance systems associated with environmental discharges from nuclear and chemical installations; 2) providing a series of criteria to assess the quality of the governance of risk activities. In total, 8 case studies were conducted, covering radioactive and chemical releases related to local and international contexts and referring to innovative risk governance processes in France, Sweden and the United Kingdom: - The role of local liaison committees with regard to the management of discharges of installations: - France: Local liaison committee of the Gravelines Nuclear Power Plant, - Sweden: Local liaison committees of the Barsebaeck Nuclear Power Plant and the Rohm and Hass Chemical installation, - The dialogue process during the preparation of re-authorisation of radioactive discharges: - France: COGEMA-La Hague facility, - United-Kingdom: Devonport Royal Dockyard, - The dialogue process in a regional context: - France: Management of air quality around the industrial site of Etang de Berre, - The dialogue process in an international context: - Implementation of the OSPAR Convention for chemical and radioactive releases, - The abandonment of the Brent Spar offshore platform. The analysis was performed by a multidisciplinary research team and based notably on interviews with key stakeholders directly involved in these innovative risk governance processes. The following dimensions were addressed: a) The guiding principles of the decision-making process; b) The role of expertise; c) The stakeholders involvement process; d) The factors integrated into the decision-framing and decision-taking processes; e) The

  5. The effects of governance modes on the energy matrix of Andean countries

    International Nuclear Information System (INIS)

    Fontaine, Guillaume

    2011-01-01

    This article addresses the consequences of different modes of energy governance on the energy matrix. Energy governance is understood as a regulation system of the energy related interplays between the State, the society and the economy. The energy matrix is a useful instrument for comparative policy analysis, since it informs us about production and consumption trends, by sources and sectors. Our central argument is that energy governance follows two different patterns, one hierarchical and the other cooperative, that are not necessarily determined by the initial factors allocation, and produce different effects on the energy matrix. Hierarchical governance is based on centralized decision-making and State-centered development, while co-governance is based on decentralized decision-making and market-oriented development. To develop this argument, we compare the energy matrix from the five Andean countries (Venezuela, Colombia, Ecuador, Peru and Bolivia).

  6. The effects of governance modes on the energy matrix of Andean countries

    Energy Technology Data Exchange (ETDEWEB)

    Fontaine, Guillaume, E-mail: gfontaine@flacso.org.e [Latin American Faculty for Social Sciences (FLACSO), Research Laboratory on Governance, Quito (Ecuador)

    2011-05-15

    This article addresses the consequences of different modes of energy governance on the energy matrix. Energy governance is understood as a regulation system of the energy related interplays between the State, the society and the economy. The energy matrix is a useful instrument for comparative policy analysis, since it informs us about production and consumption trends, by sources and sectors. Our central argument is that energy governance follows two different patterns, one hierarchical and the other cooperative, that are not necessarily determined by the initial factors allocation, and produce different effects on the energy matrix. Hierarchical governance is based on centralized decision-making and State-centered development, while co-governance is based on decentralized decision-making and market-oriented development. To develop this argument, we compare the energy matrix from the five Andean countries (Venezuela, Colombia, Ecuador, Peru and Bolivia).

  7. Critical Data Source; Tool or Even Infrastructure? Challenges of Geographic Information Systems and Remote Sensing for Disaster Risk Governance

    Directory of Open Access Journals (Sweden)

    Alexander Fekete

    2015-09-01

    Full Text Available Disaster risk information is spatial in nature and Geographic Information Systems (GIS and Remote Sensing (RS play an important key role by the services they provide to society. In this context, to risk management and governance, in general, and to civil protection, specifically (termed differently in many countries, and includes, for instance: civil contingencies in the UK, homeland security in the USA, disaster risk reduction at the UN level. The main impetus of this article is to summarize key contributions and challenges in utilizing and accepting GIS and RS methods and data for disaster risk governance, which includes public bodies, but also risk managers in industry and practitioners in search and rescue organizations. The article analyzes certain method developments, such as vulnerability indicators, crowdsourcing, and emerging concepts, such as Volunteered Geographic Information, but also investigates the potential of the topic Critical Infrastructure as it could be applied on spatial assets and GIS and RS itself. Intended to stimulate research on new and emerging fields, this article’s main contribution is to move spatial research toward a more reflective stance where opportunities and challenges are equally and transparently addressed in order to gain more scientific quality. As a conclusion, GIS and RS can play a pivotal role not just in delivering data but also in connecting and analyzing data in a more integrative, holistic way.

  8. Bracketing effects on risk tolerance

    Directory of Open Access Journals (Sweden)

    Ester Moher

    2010-08-01

    Full Text Available Research has shown that risk tolerance increases when multiple decisions and associated outcomes are presented together in a broader ``bracket'' rather than one at a time. The present studies disentangle the influence of problem bracketing (presenting multiple investment options together from that of outcome bracketing (presenting the aggregated outcomes of multiple decisions, factors which have been deliberately confounded in previous research. In the standard version of the bracketing task, in which participants decide how much of an initial endowment to invest into each in a series of repeated, identical gambles, we find a problem bracketing effect but not an outcome bracketing effect. However, this pattern of results does not generalize to the cases of non-identical gambles nor discrete choice, where we fail to find the standard bracketing effect.

  9. Statewide prevalence of school children at risk of anaphylaxis and rate of adrenaline autoinjector activation in Victorian government schools, Australia.

    Science.gov (United States)

    Loke, Paxton; Koplin, Jennifer; Beck, Cara; Field, Michael; Dharmage, Shyamali C; Tang, Mimi L K; Allen, Katrina J

    2016-08-01

    The prevalence of school students at risk of anaphylaxis in Victoria is unknown and has not been previously studied. Similarly, rates of adrenaline autoinjector usage in the school environment have yet to be determined given increasing prescription rates. We sought to determine time trends in prevalence of school children at risk of anaphylaxis across all year levels and the annual usage rate of adrenaline autoinjectors in the school setting relative to the number of students at risk of anaphylaxis. Statewide surveys from more than 1,500 government schools including more than 550,000 students were used and prevalence rates (%) with 95% CIs were calculated. The overall prevalence of students at risk of anaphylaxis has increased 41% from 0.98% (95% CI, 0.95-1.01) in 2009 to 1.38% (95% CI, 1.35-1.41) in 2014. There was a significant drop in reporting of anaphylaxis risk with transition from the final year of primary school to the first year of secondary school, suggesting a change in parental reporting of anaphylaxis risk among secondary school students. The number of adrenaline autoinjectors activated per 1000 students at risk of anaphylaxis ranged from 6 to 8 per year, with consistently higher activation use in secondary school students than in primary school students. Statewide prevalence of anaphylaxis risk has increased in children attending Victorian government schools. However, adrenaline autoinjector activation has remained fairly stable despite known increase in the rates of prescription. Copyright © 2016 American Academy of Allergy, Asthma & Immunology. Published by Elsevier Inc. All rights reserved.

  10. Emerging Powers and Effective Governance in Fragile States | IDRC ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    New and emerging development organizations are providing assistance to countries experiencing tensions and challenges after periods of conflict. This research will test whether their development assistance approaches are more effective at addressing the political and social realities of fragile states than those used by ...

  11. Recurrent Governance Challenges in the Implementation and Alignment of Flood Risk Management Strategies: a Review

    NARCIS (Netherlands)

    Dieperink, C.; Hegger, D.L.T.; Bakker, M.H.N.; Kundzewicz, Zbigniew W.; Green, Colin; Driessen, P.P.J.

    2016-01-01

    In Europe increasing flood risks challenge societies to diversify their Flood Risk Management Strategies (FRMSs). Such a diversification implies that actors not only focus on flood defence, but also and simultaneously on flood risk prevention, mitigation, preparation and recovery. There is much

  12. Implementation of landslide susceptibility maps in Lower Austria as part of risk governance

    Science.gov (United States)

    Bell, Rainer; Petschko, Helene; Bauer, Christian; Glade, Thomas; Granica, Klaus; Heiss, Gerhard; Leopold, Philip; Pomaroli, Gilbert; Proske, Herwig; Schweigl, Joachim

    2013-04-01

    Landslides frequently cause damage to agricultural land and infrastructure in Lower Austria - a province of Austria. Also settlements and people are threatened by landslides. To reduce landslide risks and to prevent the establishment of new settlements in highly landslide prone areas, the project "MoNOE" (Method development for landslide susceptibility modeling in Lower Austria) was set up by the provincial government. The main aim of the project is the development of methods to model rock fall and slide susceptibility for an area of approx. 15,900 km2 and to implement the resulting susceptibility maps into the spatial planning strategies of the state. Right from the beginning of the project a close cooperation between the involved scientists and the stakeholders from the Geological Survey of Lower Austria and the Department of Spatial Planning and Regional Policy of Lower Austria was established to ensure that method development and final susceptibility maps meet exactly the needs and demands of the stakeholders. This posed huge challenges, together with its realization in the large study area and a (heterogeneous) complex geological situation,. Limitations were given by restricted data availability (e.g. for geology or landslide inventories) in such a large study area. Rock fall susceptibility was modeled by a combined approach of determining rock fall release areas by empirical slope thresholds (dependent on geology) followed by empirical run-out modeling. Slide susceptibility was modeled based on the statistical approaches of weights of evidence (WofE) and generalized additive models (GAM) by two different research groups. Huge efforts were spent on the validation of all susceptibility models. In a later stage of the project we found that the best scientific maps are not necessarily the best maps to be implemented in spatial planning strategies. Thus, in close cooperation with the stakeholders, decisions had to be taken to find the best resolution of the maps

  13. Examining the possible influence of societal violence on governance effectiveness in South Africa

    Directory of Open Access Journals (Sweden)

    Collins C Ngwakwe

    2014-05-01

    Full Text Available This paper examines the possible influence of violent protests on the effectiveness of governance in South Africa. South Africa continues to experience huge number of labour as well as popular municipal service delivery protests. The popular social view with ensuing protests has often pointed at governance inefficiency as the cause of violent protests. This paper adopts a slightly different view in its analysis of violent protests and instead looks at possible influence of violence as possible instigator of ineffective governance. The paper is conceptually rooted in reviews – combined with simple regression test of possible relationship between violent protest and governance effectiveness. The authors also present an examination of probable relationship between violent protests and governance effectiveness using observation of macro-economic data trends from the World Bank. The findings reveal a probable weakening in governance effectiveness or its perception thereof as a result of violent protests. Amongst others, violent protests produces a psyche of perpetual victimhood that leads to further violence resulting in less value attached to lives, destruction of economic property, increases pollution, production stoppages for goods and services and in turn depletes government revenue generation and frustrates international investors. We postulate that under condition explained above, government effectiveness in managing public resources becomes weakened and may lead to wastage and inefficiency as the resources and revenues employed in controlling violent protests are unplanned and do not often lead to constructive and sustainable public policy. We suggest that this condition therefore may result in reduction in economic growth which in turn perpetuates the same weaknesses that led to society protests and violence.

  14. Effective Communication as Catalyst of Developmental Local Government and Rural Development amid Threats of Overpopulation

    Directory of Open Access Journals (Sweden)

    Naledzani Rasila

    2012-09-01

    Full Text Available South Africa’s population has risen from 40.5 million in 1996  to 44.8 million in 2001 and to 51.77 in 2011. Africans are in majority making 79.2% of the whole population. About 22.3% of blacks have received no schooling with the unemployment rate of the blacks at 28.1%. Most of these unemployed and uneducated blacks are found in rural areas. This compelled government to introduce Developmental Local government. Developmental Local government refers to the layer of public service that has the capacity to deliver and account to the people in a responsive, accountable, and efficient manner. It is also described as a sphere that encourages community participation in matters of governance and developmental initiatives. However, Developmental Local government is hindered by continuous growth of population which is likely to lead to overpopulation. Overpopulation is characterised by lack of basic resources such as water and  food. Developmental Local government on the other hand is expected to deliver on these needs. Lack of fulfilment of goals of Developmental Local government is attributed to lack of effective communication between local government and community members. Although population growth is not attributed only to high birth rate, governments around the continent have introduced measures to encourage healthy reproductive life. However, this needs community members that are self-motivated to be active participants in government initiatives. This is not achievable as there is an indication of lack of effective communication. This paper’s main focus is the provision of effective communication model at local sphere which will see community members working together with government on matters of their own development including initiatives  to preserve limited resources amid the challenges of overpopulation. This paper is based on the qualitative study on effectiveness of communication in Mutale local municipality on the enhancement of

  15. Effective Governance and Hospital Boards Revisited: Reflections on 25 Years of Research.

    Science.gov (United States)

    Erwin, Cathleen O; Landry, Amy Yarbrough; Livingston, Avery C; Dias, Ashley

    2018-01-01

    This study reviews and synthesizes empirical research literature focusing on the relationship between boards of directors and organizational effectiveness of U.S. hospitals. The study examines literature published in scholarly journals during the period of 1991-2017. Fifty-one empirical articles were identified that met the study's inclusion criteria. A framework from the corporate governance and nonprofit governance literature is used to classify the articles according to level of analysis (individual actors, governing bodies, organizations, and networks, alliances and multiorganizational initiatives) and focus of research (formal structure and behavioral dynamics-including informal structures and processes). Results are discussed, emerging trends are identified, and recommendations are made for future research.

  16. The Importance of Government Effectiveness for Transitions toward Greater Electrification in Developing Countries

    Directory of Open Access Journals (Sweden)

    Rohan Best

    2017-08-01

    Full Text Available Electricity is a vital factor underlying modern living standards, but there are many developing countries with low levels of electricity access and use. We seek to systematically identify the crucial elements underlying transitions toward greater electrification in developing countries. We use a cross-sectional regression approach with national-level data up to 2012 for 135 low- and middle-income countries. The paper finds that the effectiveness of governments is the most important governance attribute for encouraging the transition to increased electrification in developing countries, on average. The results add to the growing evidence on the importance of governance for development outcomes. Donors seeking to make more successful contributions to electrification may wish to target countries with more effective governments.

  17. Effect of corporate governance on the firms’ structural capital

    Directory of Open Access Journals (Sweden)

    Karima Dhaouadi

    2011-09-01

    Full Text Available The study seeks to understand how the firm‟s ownership structure and the board of directors‟ composition influence the structural capital. The latter is apprehended by three main levers: TMT compensation, innovation, and firm‟s reputation. By mobilizing several panel linear regressions on 274 American firms, the results show that the firms which heavily invest in structural capital are more successful and chaired by the younger and heterogeneous TMT. No disciplinary effect of the board on structural capital has been found. The results support the cognitive theory assumptions. The classic perspective failed to explain the structural capital phenomena. In order to enhance their structural capital, firms must pay a close attention to their board cognitive contribution and not to its disciplinary role.

  18. Community Care and the Location and Governance of Risk in Mental Health

    Directory of Open Access Journals (Sweden)

    Joanne Warner

    2006-01-01

    Full Text Available The concept of risk is now central to all areas of health and social welfare in the UK, although its exact character in relation to different groups varies. It has been argued that risk in mental health has been characterised by a preoccupation with the perceived risk of violence to others posed by those experiencing mental distress, particularly since the implementation of community care policies in the 1990s. The present paper draws on qualitative materials from semi-structured interviews with thirty-nine mental health social workers to demonstrate the significance for policy and practice of identifying where professionals see risk as being located. In the present study, three key sites were identified: firstly, risk was located in dangerous individuals, where the concept "high-risk" was particularly closely identified with young Black men with a diagnosis of schizophrenia. Secondly, social workers located risk in within-subject entities such as active psychotic illness, when it was the symptom rather than the whole individual that was subject to surveillance and control. Thirdly, social workers located risk in social context and regarded risk in multidimensional ways compared to their psychiatric colleagues. The paper highlights how a theory of risk location can be a useful conceptual tool. URN: urn:nbn:de:0114-fqs0601310

  19. Operational risk in bank governance and control: How to save capital requirement through a risk transfer strategy. Evidences from a simulated case study

    Directory of Open Access Journals (Sweden)

    Enzo Scannella

    2015-06-01

    Full Text Available Operational risk management in banking has assumed such importance during the last decade. It has become increasingly important to measure, manage, and assess the impact of operational risk in the economics of banking. The purpose of this paper is to demonstrate how an effective operational risk management provides mitigating effects on capital-at-risk in banking. The paper provides evidences that an implementation of an operational risk transfer strategy reduces bank capital requirement. The paper adopts the loss distribution approach, the Monte Carlo simulation, and copula methodologies to estimate the regulatory capital and simulate an operational risk transfer strategy in banking.

  20. Government Can Mount Effective Counter-Insurgency Programs against Marxist Oriented Revolutions.

    Science.gov (United States)

    1983-09-01

    supported financially by the very people whom these arms and personnel are subjugating.3 An added taxation on the people’s resources creates a number...repre- sented by college students). 8 As these productive individuals are removed from the economy the effective taxation increase on the remaining...Malaya against Communist insurgency forces. When the British were requested to assist the Malaysian government, they took over the government

  1. Innovation in coastal risk management: An exploratory analysis of risk governance issues at eight THESEUS study sites

    NARCIS (Netherlands)

    Penning-Rowsell, E.C.; de Vries, W.S.; Parker, D.J.; Zanuttigh, B.; Simmonds, D.; Trifonova, E.; Hissel, F.; Monbaliu, J.; Lendzion, J.; Ohle, N.; Diaz, P.; Bouma, T.

    2014-01-01

    The nature of coastal risk management is changing, away from an engineering-dominated approach seeking to defend against the sea, to one where risks are managed using a portfolio of measures usually incorporating an acceptance of a finite standards of protection. Inherent in the modern approach is

  2. Bank Risk Profile, Good Corporate Governance And Company Values in Banking Companies Go Public in Indonesia

    Directory of Open Access Journals (Sweden)

    Susi Retna Cahyaningtyas

    2017-06-01

    Full Text Available The latest Bank Indonesia Regulation No.14/18/PBI/2012 requires bank to have minimum capital of 8%-14% depends on the risk profile of each bank. Therefore, the main objective of this research is to assess whether the total of inherent risk profile of each bank meets the terms of this regulation. In addition, this study aims to examine the impact of inherent risk profile and GCG on the banking company value. The sample in this study is determined by purposive sampling method and resulted in 24 banks or 72 observations during 2011-2013. The results showed that 23 banks had low risk and low to moderate risk, and only one bank had moderate risk. The results also showed that inherent risk profile rating is equivalent to capital adequacy. In other words, inherent risk profile of these banks have complied with Bank Indonesia Regulation No.14/18/PBI/2012. Furthermore, this study indicated that GCG has significant and positive influence on the company value, while the inherent risk has no influence on the company value. Overall, this study suggest that go public banks in Indonesia are one of good alternative means of investment for its soundness as reflected by the fulfillment of minimum capital ratio required by the regulator.

  3. Towards a diversification of Flood Risk Management in Europe: a reflection on meta-governance challenges

    NARCIS (Netherlands)

    Dieperink, C.; Hegger, D.L.T.; Bakker, M.H.N.; Driessen, P.P.J.

    2014-01-01

    Because of climate change, extreme weather events and urban sprawl, urban areas have to deal with increasing flood risks. It is argued, both in literature and in practice that these risks can no longer be dealt with by focusing solely on flood defences (building dikes, dams, embankments etc.).

  4. The role of lenders' trust in determining borrowing conditions for sovereign debt: An analysis of one-period government bonds with default risk

    OpenAIRE

    Guo, Yanling

    2015-01-01

    In this paper, the author considers the sovereign debt in the form of one-period government bonds with default risk, which can be purchased by and traded among domestic and foreign investors. She shows that the weight assigned to the lenders' interest by the borrowing government at the time of debt repayment, which captures the lenders' trust in the government's propensity to repay the debt and is denoted as », also determines the default risk: a higher » means a lower default risk ceteris pa...

  5. Multiplier effects and government assistance to energy megaprojects: An application to Hibernia

    International Nuclear Information System (INIS)

    Feehan, J.P.; Locke, L.W.

    1993-01-01

    Energy megaprojects typically require several years to construct and entail substantial costs. These costs, in the forms of employment, capital equipment and material inputs, are sometimes viewed as benefits. Moreover, the expenditures on these inputs can induce further increases in employment and income. On the basis of these project-specific and induced effects, government assistance is sometimes sought. The very limiting circumstances under which such government aid is justified are described. Multiplier effects only become relevant if private expenditure would not otherwise occur in some form in the economy. There are contractionary multiplier effects associated with the imposition of taxes to finance the project, and so the two opposing forces may be largely offsetting. Government assistance can only be justified in the presence of unemployment, and where the multiplier effects are large. When these criteria are applied to the Hibernia project, it is found that the project does not generate employment and income effects that are large relative to the total expenditure, or even relative to the level of federal government assistance. The job creation argument for the justification of government assistance to the Hibernia project is very weak. 18 refs., 1 tab

  6. The Effect of Government Expenditures, Private Investment and Labor on Economic Growth in Pidie District

    Directory of Open Access Journals (Sweden)

    Munzir AG

    2018-02-01

    Full Text Available This study aims to determine the effect of government spending, private investment, and labor on economic growth in Pidie District, Data analyzed from 2000-2016, using multiple linear regression model. The results of research on government spending, private investment and labor both simultaneously and partially have a positive and significant impact on economic growth in Pidie District. Variations of government expenditure variables, private investment and labor are able to explain the variation of economic growth in Pidie District by 48,7 percent and the rest of 51,3 percent influenced by other variables. Labor is the most dominant variable of influence on economic growth in Pidie District. Private investment is the least influence variable to economic growth in Pidie District. The need for a policy that could make private government investment spending, and labor increases simultaneously so it is likely to have a positive impact on improving economic growth in Pidie District.

  7. Assessing the Effects of Service Quality of Government and Student Satisfaction in Education’s Field

    Science.gov (United States)

    Purwaningsih, D.

    2017-03-01

    The aim of the research is to analyze how the service quality of Indonesian government affect student’s satisfaction in the education field. Data collection was conducted in September 2016 through distributing questionnaires to 132 students at private universities in south Tangerang city. Sampling used incidental sampling method, while data analysis is descriptive, qualitative and quantitative, which were analyzed with the Importance Performance Analysis. The survey results revealed that the satisfaction level of the students of South Tangerang good enough to service of the Government in higher education sector with a value of 83.61 using Customer Satisfaction Index (CSI). Nevertheless, there are several factors that should be prioritized for immediate enhanced, namely: government’s ability to respond effectively to solve the problems in the academic world, fairness of the government in providing assistance to both state and private universities and attention of the government to higher education.

  8. ENHANCING THE SHARIAH GOVERNANCE FRAMEWORK FOR MALAYSIAN IFIs THROUGH EFFECTIVE MANAGEMENT STRATEGIES

    Directory of Open Access Journals (Sweden)

    Hafiza HARUN

    2017-07-01

    Full Text Available The Shariah Governance Framework (SGF in Malaysia has approached its fifth year of implementation by Malaysian Islamic Financial Institutions (IFIs. In ensuring its continuous effectiveness as well as in enhancing the governance robustness, any existing gaps must be tackled and resolved proficiently. Among the gaps recorded in the previous literatures directed to various areas such as the commitment of Shariah Governance body or management team towards its governance, Shariah Committee (SC portfolio, competency, regulatory framework and so forth. This research paper explores the practical adoption which could be applied through theoretical analysis and viable recommendation for further enhancement of the SGF by all management teams in the IFIs. In complementing this study, a set of questionnaires is distributed to some selected group of staff in a Takaful Operator (TO in Malaysia to gauge their understanding of the subject matter.

  9. Synthetic biology between challenges and risks: suggestions for a model of governance and a regulatory framework, based on fundamental rights.

    Science.gov (United States)

    Colussi, Ilaria Anna

    2013-01-01

    This paper deals with the emerging synthetic biology, its challenges and risks, and tries to design a model for the governance and regulation of the field. The model is called of "prudent vigilance" (inspired by the report about synthetic biology, drafted by the U.S. Presidential Commission on Bioethics, 2010), and it entails (a) an ongoing and periodically revised process of assessment and management of all the risks and concerns, and (b) the adoption of policies - taken through "hard law" and "soft law" sources - that are based on the principle of proportionality (among benefits and risks), on a reasonable balancing between different interests and rights at stake, and are oriented by a constitutional frame, which is represented by the protection of fundamental human rights emerging in the field of synthetic biology (right to life, right to health, dignity, freedom of scientific research, right to environment). After the theoretical explanation of the model, its operability is "checked", by considering its application with reference to only one specific risk brought up by synthetic biology - biosecurity risk, i.e. the risk of bioterrorism.

  10. Effects of corporate social responsibility and governance on its credit ratings.

    Science.gov (United States)

    Kim, Dong-young; Kim, JeongYeon

    2014-01-01

    This study reviews the impact of corporate social responsibility (CSR) and corporate governance on its credit rating. The result of regression analysis to credit ratings with relevant primary independent variables shows that both factors have significant effects on it. As we have predicted, the signs of both regression coefficients have a positive sign (+) proving that corporates with excellent CSR and governance index (CGI) scores have higher credit ratings and vice versa. The results show nonfinancial information also may have effects on corporate credit rating. The investment on personal data protection could be an example of CSR/CGI activities which have positive effects on corporate credit ratings.

  11. Effects of Corporate Social Responsibility and Governance on Its Credit Ratings

    Science.gov (United States)

    Kim, Dong-young

    2014-01-01

    This study reviews the impact of corporate social responsibility (CSR) and corporate governance on its credit rating. The result of regression analysis to credit ratings with relevant primary independent variables shows that both factors have significant effects on it. As we have predicted, the signs of both regression coefficients have a positive sign (+) proving that corporates with excellent CSR and governance index (CGI) scores have higher credit ratings and vice versa. The results show nonfinancial information also may have effects on corporate credit rating. The investment on personal data protection could be an example of CSR/CGI activities which have positive effects on corporate credit ratings. PMID:25401134

  12. Effects of Educating Local Government Officers and Healthcare and Welfare Professionals in Suicide Prevention

    Directory of Open Access Journals (Sweden)

    Yoshio Hirayasu

    2012-02-01

    Full Text Available Suicide is a major public health issue. In Japan, local governments are responsible for suicide prevention, and local government officers are therefore expected to act as gatekeepers for suicide prevention. In this study, through a questionnaire survey, the authors examined the current knowledge and attitudes concerning suicide prevention among local government officers and healthcare and welfare professionals, and the effects of providing suicide prevention education on their knowledge of and attitudes toward suicide and its prevention. One hundred eighty-three local government officers and 432 healthcare/welfare professionals completed the survey before and after a single education session. Before the session, the local government officers and healthcare/welfare professionals showed mainly positive attitudes toward suicide prevention efforts, with little difference between the two groups. After the training, knowledge and attitudes were further improved for most questionnaire items. Respondents with one or more experiences of suicide prevention training showed significantly more knowledge and positive attitudes before the training than those with no such experience. Moreover, knowledge of depression and having a sympathetic attitude were found to be especially associated with the overall attitude that “suicide can be prevented”. Training in suicide prevention was shown to be effective in promoting appropriate knowledge and attitudes among local government officers and healthcare/welfare professionals who are gatekeepers for preventing suicide. Our findings confirm the importance of suicide prevention education, and will contribute to creating a standard educational program on suicide prevention in Japan.

  13. 19 CFR 200.735-123 - Effect of employees' and special Government employees' statements on other requirements.

    Science.gov (United States)

    2010-04-01

    ... 19 Customs Duties 3 2010-04-01 2010-04-01 false Effect of employees' and special Government... Employment and Financial Interests § 200.735-123 Effect of employees' and special Government employees... statements required of employees and special Government employees are in addition to, and not in substitution...

  14. Bank Risk Profile, Good Corporate Governance And Company Values in Banking Companies Go Public in Indonesia

    OpenAIRE

    Susi Retna Cahyaningtyas; Elin Erlina Sasanti; Wahidatul Husnaini

    2017-01-01

    The latest Bank Indonesia Regulation No.14/18/PBI/2012 requires bank to have minimum capital of 8%-14% depends on the risk profile of each bank. Therefore, the main objective of this research is to assess whether the total of inherent risk profile of each bank meets the terms of this regulation. In addition, this study aims to examine the impact of inherent risk profile and GCG on the banking company value. The sample in this study is determined by purposive sampling method and resulted in 24...

  15. I trust not therefore it must be risky: Determinants of the perceived risks of disclosing personal data for e-government transactions

    NARCIS (Netherlands)

    Beldad, Ardion Daroca; de Jong, Menno D.T.; Steehouder, M.F.

    2011-01-01

    Although it is plausible to assume that the risks of disclosing personal data online are inexorably more prevalent in transactions with commercial organizations than with government organizations, such risks can also thrive in exchanges with the latter. While it is argued that risk perceptions

  16. Renewable fuels: Policy effectiveness and project risk

    International Nuclear Information System (INIS)

    Leach, Andrew; Doucet, Joseph; Nickel, Trevor

    2011-01-01

    This paper examines the impact of government policy on the risk profile of a small ethanol production facility. We derive four key results from a simulation model. First, we show that commodity price risk may discourage investment in a project, despite a positive expected rate of return. Second, we show that political uncertainty may have significant impacts on the risk profile of a project. Next, we show that using only production subsidies to attract investors is expensive, since the financial assistance is paid regardless of whether the plant is operating under positive or negative financial conditions. Finally, we show that a capital grant provides a valuable complement to a subsidy, because the grant reduces the amount of value investors must put at risk, and increases their leverage thereby enhancing returns, while the subsidy mitigates commodity price risk. Our results show that compared to a subsidy-only approach, a grant and subsidy combination provides an investment environment with similar downside protection and expected returns for less than 60% of the cost. Further, we show that the two policy tools combined yield a superior investment environment to that created by an equivalent or greater total investment deployed entirely in either of the policy tools without the other. - Research highlights: → We find that government policy may increase both project returns and risk. → We find a policy of capital grants combined with an output price support to be preferred. → Price supports alone will tend to reward those plants which need them the least.

  17. Health research and systems' governance are at risk: should the right to data protection override health?

    Science.gov (United States)

    Di Iorio, C T; Carinci, F; Oderkirk, J

    2014-07-01

    The European Union (EU) Data Protection Regulation will have profound implications for public health, health services research and statistics in Europe. The EU Commission's Proposal was a breakthrough in balancing privacy rights and rights to health and healthcare. The European Parliament, however, has proposed extensive amendments. This paper reviews the amendments proposed by the European Parliament Committee on Civil Liberties, Justice and Home Affairs and their implications for health research and statistics. The amendments eliminate most innovations brought by the Proposal. Notably, derogation to the general prohibition of processing sensitive data shall be allowed for public interests such as the management of healthcare services,but not health research, monitoring, surveillance and governance. The processing of personal health data for historical, statistical or scientific purposes shall be allowed only with the consent of the data subject or if the processing serves an exceptionally high public interest, cannot be performed otherwise and is legally authorised. Research, be it academic, government,corporate or market research, falls under the same rule.The proposed amendments will make difficult or render impossible research and statistics involving the linkage and analysis of the wealth of data from clinical,administrative, insurance and survey sources, which have contributed to improving health outcomes and health systems performance and governance; and may illegitimise efforts that have been made in some European countries to enable privacy-respectful data use for research and statistical purposes. If the amendments stand as written, the right to privacy is likely to override the right to health and healthcare in Europe.

  18. Effects of Oil Spillage on Soil Fertility in Udu Local Government Area ...

    African Journals Online (AJOL)

    The study examines the effects of oil spillage on soil fertility in Udu Local Government Area of Delta State, with the aim of determining the effects of oil spillage on physical and chemical properties of the soils. Soil samples were collected from two experimental sites namely: oil polluted and non oil polluted plots in the study ...

  19. Clinical governance and research ethics as barriers to UK low-risk population-based health research?

    Directory of Open Access Journals (Sweden)

    Douglas Flora

    2008-11-01

    Full Text Available Abstract Background Since the Helsinki Declaration was introduced in 1964 as a code of practice for clinical research, it has generally been agreed that research governance is also needed in the field of public health and health promotion research. Recently, a range of factors led to the development of more stringent bureaucratic procedures, governing the conduct of low-risk population-based health research in the United Kingdom. Methods Our paper highlights a case study of the application process to medical research ethics committees in the United Kingdom for a study of the promotion of physical activity by health care providers. The case study presented here is an illustration of the challenges in conducting low-risk population-based health research. Results Our mixed-methods approach involved a questionnaire survey of and semi-structured interviews with health professionals (who were all healthy volunteers. Since our study does not involve the participation of either patients or the general population, one would expect the application to the relevant research ethics committees to be a formality. This proved not to be the case! Conclusion Research ethics committees could be counter-productive, rather than protecting the vulnerable in the research process, they can stifle low-risk population-based health research. Research ethics in health services research is first and foremost the responsibility of the researcher(s, and we need to learn to trust health service researchers again. The burden of current research governance regulation to address the perceived ethical problems is neither appropriate nor adequate. Senior researchers/academics need to educate and train students and junior researchers in the area of research ethics, whilst at the same time reducing pressures on them that lead to unethical research, such as commercial funding, inappropriate government interference and the pressure to publish. We propose that non-invasive low-risk

  20. Interaction effects between internal governance mechanisms on the components of initial returns during the IPO

    Directory of Open Access Journals (Sweden)

    Mediha Mezhoud

    2012-12-01

    Full Text Available Our work provides an analysis of the interaction effects between internal governance mechanisms on the components of initial returns during the listing period. The application of multivariate regressions on a sample of 110 IPO French companies during 2005-2010, has allowed us to conclude that the different interactions between these mechanisms significantly influence the level of under / overpricing. Indeed, the positive relationship between internal governance mechanisms and overpricing reflects a substitutability relationship. In contrast, the complementarity effect comes from the negative relationship characterizing the combination of governance mechanisms and the underpricing. Thus, the interactions effects between institutional ownership, board structure and under / overpricing are not conforming to the existence of a complementarity or substitutability relationship between these variables given the absence of a significant combination between these variables

  1. Governance and Risk Management of Network and Information Security: The Role of Public Private Partnerships in Managing the Existing and Emerging Risks

    Science.gov (United States)

    Navare, Jyoti; Gemikonakli, Orhan

    Globalisation and new technology has opened the gates to more security risks. As the strategic importance of communication networks and information increased, threats to the security and safety of communication infrastructures, as well as information stored in and/or transmitted increased significantly. The development of the self replicating programmes has become a nightmare for Internet users. Leading companies, strategic organisations were not immune to attacks; they were also "hacked" and overtaken by intruders. Incidents of recent years have also shown that national/regional crisis may also trigger cyber attacks at large scale. Experts forecast that cyber wars are likely to take the stage as tension mounts between developed societies. New risks such as cyber-attacks, network terrorism and disintegration of traditional infrastructures has somewhat blurred the boundaries of operation and control. This paper seeks to consider the risk management and governance and looking more specifically at implications for emerging economies.

  2. Conservation and aid: designing more effective investments in natural resource governance reform.

    Science.gov (United States)

    Nelson, Fred

    2009-10-01

    Biodiversity conservation outcomes are closely related to the rules and institutions governing resource use. Creating local incentives for conservation through more secure resource tenure is central to conservation outcomes on private and communal lands, where the preponderance of biodiversity occurs. Conservation efforts in sub-Saharan Africa are therefore centrally concerned with governance dynamics and institutional reform processes, such as the decentralization of property rights, and how best to achieve such reforms. Traditional mechanisms for financing conservation efforts in Africa rely heavily on funds channeled through multilateral and bilateral aid agencies. The history of development aid highlights a range of constraints these aid agencies face in terms of working toward more effective resource governance arrangements and promoting reforms. Government aid agencies possess incentives for promoting large-scale and short-term projects that maximize expenditure volumes and tend to define issues in technical rather than political terms. The history of development aid suggests that these and other characteristics of aid agencies impedes their ability to influence governance reform processes and that aid funding may discourage the adoption of reforms. Greater emphasis in African conservation financing needs to be placed on flexible, small-scale investments aligned to local interests and constituencies that prioritize innovation, learning, and experimentation. Additionally, more research is required that explores the linkages between conservation funding, donor decision-making processes, and governance reforms.

  3. Auditing IT Governance

    Directory of Open Access Journals (Sweden)

    Florin-Mihai ILIESCU

    2010-01-01

    Full Text Available Effective IT governance helps ensure that IT supports business goals, optimizes business investment in IT, and appropriately manages IT-related risks and opportunities. Organizations that realize the IT is no longer a support process and embeds value and risks need a structured approach for better managing Information Technology, enable its capability to deliver added value enterprise wide and for setting up a risk management program to address new risks arising for usage of IT in business processes. In order to assess if IT Governance is in line with industry practices, IT Auditors need a good understanding of processes and applicable standards, particular audit work programs and experience in assessing potential problem indicators.

  4. The Effect of Corporate Governance on Firms’ Capital Structure of Listed Companies in Sri Lanka

    Directory of Open Access Journals (Sweden)

    Bulathsinhalage Siromi

    2017-06-01

    Full Text Available There is a great awareness among the researchers to carry out researches on corporate governance and it contributes to the firms’ competitive advantage and business success. In today’s turbulent economic environment, competitiveness has become more important than ever for a firm’s survival and success. However, there is a gap in studies focusing on corporate governance and capital structure in the context of Sri Lanka. The aim of this study is to empirically investigate whether attributes of corporate governance affect decisions on capital structure of listed companies in Sri Lanka. The sample of the study consisted of 138 non-financial listed companies for five-year period from 2009 to 2013. Board size, board composition, leadership structure, board committees, and managerial ownership were used as corporate governance variables whereas debt ratio as the measure of capital structure and return on assets (ROA and firm size as control variables. The variables were empirically tested by multiple regression analysis. The findings revealed that there is no significant effect of corporate governance attributes except board composition & board committee on capital structure. The variable of board composition has a significant positive effect and board committee has a negative effect on capital structure.

  5. Governance implications of nanomaterials companies' inconsistent risk perceptions and safety practices

    Science.gov (United States)

    Engeman, Cassandra D.; Baumgartner, Lynn; Carr, Benjamin M.; Fish, Allison M.; Meyerhofer, John D.; Satterfield, Terre A.; Holden, Patricia A.; Harthorn, Barbara Herr

    2012-03-01

    Current research on the nanotechnology industry indicates its downstream expansion at a rapid pace, while toxicological research and best practices for environmental health and safety are still being developed. Companies that use and/or produce engineered nanomaterials (ENMs) have enormous potential to influence safe-handling practices for ENMs across the product life cycle. Knowledge of both industry practices and leaders' perceptions of risk is vital for understanding how companies will act to control potential environmental and health risks. This article reports results from a new international survey of nanomaterials companies in 14 countries. In this survey, company participants reported relatively high levels of uncertainty and/or perceived risk with regard to ENMs. However, these perspectives were not accompanied by expected risk-avoidant practices or preferences for regulatory oversight. A majority of companies indicated "lack of information" as a significant impediment to implementing nano-specific safety practices, but they also reported practices that were inconsistent with widely available guidance. Additionally, in the absence of safe-handling regulations, companies reported nano-specific health and safety programs that were narrow in scope. Taken together, these findings indicate that health and safety guidance is not reaching industry. While industry leaders' reluctance toward regulation might be expected, their own reported unsafe practices and recognition of possible risks suggest a more top-down approach from regulators is needed to protect workers and the environment.

  6. Governance implications of nanomaterials companies' inconsistent risk perceptions and safety practices

    Energy Technology Data Exchange (ETDEWEB)

    Engeman, Cassandra D. [University of California, Santa Barbara, Department of Sociology (United States); Baumgartner, Lynn; Carr, Benjamin M.; Fish, Allison M.; Meyerhofer, John D. [UC Center for the Environmental Implications of Nanotechnology (UC CEIN), University of California, Santa Barbara (United States); Satterfield, Terre A. [University of California, Santa Barbara, NSF Center for Nanotechnology and Society (United States); Holden, Patricia A. [UC Center for the Environmental Implications of Nanotechnology (UC CEIN), University of California, Santa Barbara (United States); Harthorn, Barbara Herr, E-mail: harthorn@cns.ucsb.edu [University of California, Santa Barbara, NSF Center for Nanotechnology and Society (United States)

    2012-03-15

    Current research on the nanotechnology industry indicates its downstream expansion at a rapid pace, while toxicological research and best practices for environmental health and safety are still being developed. Companies that use and/or produce engineered nanomaterials (ENMs) have enormous potential to influence safe-handling practices for ENMs across the product life cycle. Knowledge of both industry practices and leaders' perceptions of risk is vital for understanding how companies will act to control potential environmental and health risks. This article reports results from a new international survey of nanomaterials companies in 14 countries. In this survey, company participants reported relatively high levels of uncertainty and/or perceived risk with regard to ENMs. However, these perspectives were not accompanied by expected risk-avoidant practices or preferences for regulatory oversight. A majority of companies indicated 'lack of information' as a significant impediment to implementing nano-specific safety practices, but they also reported practices that were inconsistent with widely available guidance. Additionally, in the absence of safe-handling regulations, companies reported nano-specific health and safety programs that were narrow in scope. Taken together, these findings indicate that health and safety guidance is not reaching industry. While industry leaders' reluctance toward regulation might be expected, their own reported unsafe practices and recognition of possible risks suggest a more top-down approach from regulators is needed to protect workers and the environment.

  7. Governance implications of nanomaterials companies’ inconsistent risk perceptions and safety practices

    International Nuclear Information System (INIS)

    Engeman, Cassandra D.; Baumgartner, Lynn; Carr, Benjamin M.; Fish, Allison M.; Meyerhofer, John D.; Satterfield, Terre A.; Holden, Patricia A.; Harthorn, Barbara Herr

    2012-01-01

    Current research on the nanotechnology industry indicates its downstream expansion at a rapid pace, while toxicological research and best practices for environmental health and safety are still being developed. Companies that use and/or produce engineered nanomaterials (ENMs) have enormous potential to influence safe-handling practices for ENMs across the product life cycle. Knowledge of both industry practices and leaders’ perceptions of risk is vital for understanding how companies will act to control potential environmental and health risks. This article reports results from a new international survey of nanomaterials companies in 14 countries. In this survey, company participants reported relatively high levels of uncertainty and/or perceived risk with regard to ENMs. However, these perspectives were not accompanied by expected risk-avoidant practices or preferences for regulatory oversight. A majority of companies indicated “lack of information” as a significant impediment to implementing nano-specific safety practices, but they also reported practices that were inconsistent with widely available guidance. Additionally, in the absence of safe-handling regulations, companies reported nano-specific health and safety programs that were narrow in scope. Taken together, these findings indicate that health and safety guidance is not reaching industry. While industry leaders’ reluctance toward regulation might be expected, their own reported unsafe practices and recognition of possible risks suggest a more top-down approach from regulators is needed to protect workers and the environment.

  8. The integration of the risk in the governance of urban projects: a key issue for a resilient city

    Science.gov (United States)

    Moulin, E.; Deroubaix, J.-F.

    2012-04-01

    Despite a severe regulation concerning the building in flooding areas, 80% of these areas are already built in the Greater Paris (Paris, Val-de-Marne, Hauts-de-Seine and Seine-Saint-Denis). The land use in flooding area is presented as one of the main solutions to solve the ongoing real estate pressure. For instance some of the industrial wastelands located along the river are currently in redevelopment and residential buildings are planned. So landuse in the flooding areas is currently a key issue in the development of the Greater Paris area. Tools and measures, structural or non-structural such as warning systems, barriers, etc do exist and could be a smart way to improve the resilience of the new urbanised areas. The technical solutions are available and efficient, but we notice that these tools are not much implemented. There is a lack of flood risk concern among the stakeholders and the inhabitants1. How landuse stakeholders could integrate the flood risk in the decision making process throughout the implementation of the urban project? Which type of governance favours an efficient development of good flood risk policy including prevention, protection and the management of the crisis? What is the "good" governance of the urban project e.g. enabling to take into account or not to forget the flood risk and to empower the (future) inhabitants? This inhabitants' empowerment includes the improvement of awareness (i.e. inhabitants being aware that they live in a flooded area) and the improvement of concern (i.e. inhabitants adopting the "right" behaviour when the risk occurs). In order to investigate how flood risk is or could be integrated in the project governance, we interviewed stakeholders (elected representatives, architects, property developers, etc.) and observed the integration or the vanishing of the risk throughout the project. In order to develop this topic we rely on a case study. The "Ardoines" is a project aiming at redeveloping an industrial site

  9. Solution of Media Risk and Social Responsibility Governance of Social Media

    Directory of Open Access Journals (Sweden)

    Zhang Yuan

    2017-01-01

    Full Text Available The rapid development of media technology makes the modern society become a “social media” or even “over social media”, the rise of social media makes it beyond the tool attribute, and become an important force in the reconstruction of contemporary society, the risk of concomitant. The anomie and breach of Social media regularly staged, weakened its positive social function, forcing us to think about the social responsibility of social media,which are reflections on the lack of responsibility, but also positive response of resolving the media risk and ask for moral strength.

  10. LOANS PROVIDED BY CHINESE GOVERNMENT: OPPORTUNITIES AND RISKS FOR THE REPUBLIC OF MOLDOVA

    Directory of Open Access Journals (Sweden)

    Marina SOLOVIOVA

    2016-01-01

    Full Text Available As external development partners have put on hold their financial support for Moldova, contracting loans from China sparks an increasing interest. Because debates on this topic take place with very little information available, in this article we have made a synthesis of official data disseminated by the Chinese authorities, estimations made by the OECD and other organizations, records from the archive of the National Bank of Moldova, documents from the state register of legal acts, as well as of data published by the press. The results show that, although loans provided by the Chinese government are not an alternative to the loans offered by the IMF and other traditional creditors for budget and balance of payments support, they have a range of peculiar advantages and can be a convenient means of financing projects in the area of energy, industry, and agriculture.

  11. Is the effect of a political event more pronounced for government controlled firms?

    Directory of Open Access Journals (Sweden)

    Irwan Trinugroho

    2016-11-01

    Full Text Available This study investigates market reaction to a political event, which is the presidential election of Republic of Indonesia in 2014 by studying 387 publicly traded firms in the Indonesia Stock Exchange. It employs event study method to measure the information content of this event. By going deeper, this study looked at the effect difference between government controlled firms (partially privatized firms and private firms. The results show that there was a significant abnormal return around the event date. The negative abnormal return one day before the election date, which was followed by rebounding one day after the event, indicate that investors consider that the election had been done well particularly with respect to the political stability and security. Moreover, this paper reveals that the effect of presidential election is more pronounced for government-controlled firms than private firms. Government controlled firms may be more susceptible to political event.

  12. Science Shops: an initiative to combine technical and societal knowledge for risk governance

    International Nuclear Information System (INIS)

    Martell, Meritxell; Duro, L.; Bruno, J.

    2006-01-01

    Continuing societal concerns limit the application of deep geological disposal in many countries. Wider societal involvement at a variety of governance levels in an open, inclusive and transparent manner is a top-level concern in all European and national organisations involved in radioactive waste management. Nevertheless, current approaches to governance of spent fuel reveal two weaknesses. Firstly, local and regional communities lack access to an authoritative yet independent platform of experts to address their concerns and information needs in a systematic way and which could provide them with the sufficient knowledge base as to be able to take sound decisions concerning the long-term. Secondly, the difficulties to maintain sufficient level of knowledge and capabilities at educational institutions become a challenge to ensure long-term solutions for the management of radioactive waste. The EC 6th FP Integrated Project 'Fundamental Processes of Radionuclide Migration' (FUNMIG) places a special emphasis on knowledge transfer, dissemination of knowledge and training. Within the framework of FUNMIG, one of the instruments for knowledge production and use is the establishment of a Science Shop at the European level. This Science Shop provides independent, participatory research support in response to concerns expressed by civil society on nuclear issues. The FUNMIG Consortium involves 51 organisations from 15 European countries which are eager to develop formalised channels of communication with non-governmental organisations (NGOs) and citizens' groups in need of expertise on the nuclear field. The Science Shop will further ease the transparency of knowledge production and raise public awareness of the problems associated with radioactive waste management

  13. Science Shops: an initiative to combine technical and societal knowledge for risk governance

    Energy Technology Data Exchange (ETDEWEB)

    Martell, Meritxell; Duro, L.; Bruno, J. [Enviros Spain S.L., Barcelona (Spain)

    2006-09-15

    Continuing societal concerns limit the application of deep geological disposal in many countries. Wider societal involvement at a variety of governance levels in an open, inclusive and transparent manner is a top-level concern in all European and national organisations involved in radioactive waste management. Nevertheless, current approaches to governance of spent fuel reveal two weaknesses. Firstly, local and regional communities lack access to an authoritative yet independent platform of experts to address their concerns and information needs in a systematic way and which could provide them with the sufficient knowledge base as to be able to take sound decisions concerning the long-term. Secondly, the difficulties to maintain sufficient level of knowledge and capabilities at educational institutions become a challenge to ensure long-term solutions for the management of radioactive waste. The EC 6th FP Integrated Project 'Fundamental Processes of Radionuclide Migration' (FUNMIG) places a special emphasis on knowledge transfer, dissemination of knowledge and training. Within the framework of FUNMIG, one of the instruments for knowledge production and use is the establishment of a Science Shop at the European level. This Science Shop provides independent, participatory research support in response to concerns expressed by civil society on nuclear issues. The FUNMIG Consortium involves 51 organisations from 15 European countries which are eager to develop formalised channels of communication with non-governmental organisations (NGOs) and citizens' groups in need of expertise on the nuclear field. The Science Shop will further ease the transparency of knowledge production and raise public awareness of the problems associated with radioactive waste management.

  14. Probabilistic modeling of dietary intake of substances - The risk management question governs the method

    NARCIS (Netherlands)

    Pieters MN; Ossendorp BC; Bakker MI; Slob W; SIR

    2005-01-01

    In this report the discussion on the use of probabilistic modeling in relation to pesticide use in food crops is analyzed. Due to different policy questions the current discussion is complex and considers safety of an MRL as well as probability of a health risk. The question regarding the use of

  15. How can awareness in civil society and in governance be raised? Reducing risks from coastal hazards

    DEFF Research Database (Denmark)

    Sørensen, Carlo Sass; Jebens, Martin

    2015-01-01

    and erosion. From top-down approaches to law enforcementat European and national levels on DRM and CCA, respectively, to the local bottom-up approaches and actual implementation of plans, we investigate and pinpoint areas where major improvement is needed to deal with current and future risks...

  16. Contesting Risk and Responsibility: European Debates on Food and Agricultural Governance of Avian Influenza

    NARCIS (Netherlands)

    Krom, de M.P.M.M.; Oosterveer, P.J.M.

    2010-01-01

    In August 2005, avian influenza entered European public arenas as the next food and agricultural risk. As the virus was detected close to Europe, questions arose whether measures were required to protect human health and secure European food supply. This article analyzes the public debates on the

  17. Quality of governance and effectiveness of protected areas: crucial concepts for conservation planning.

    Science.gov (United States)

    Eklund, Johanna; Cabeza, Mar

    2017-07-01

    Protected areas (PAs) are a key tool for biodiversity conservation and play a central role in the Convention on Biological Diversity. Recently, the effectiveness of PAs has been questioned, and assessing how effective they are in enabling the future persistence of biodiversity is not trivial. Here, we focus on terrestrial PAs and clarify the terminology related to PA effectiveness, distinguishing between management and ecological aspects. We suggest that the quality of governance affects both aspects of effectiveness but recognize a lack of synthetic understanding of the topic. We present a conceptual framework linking the underlying mechanisms by which the quality of governance affects conservation outcomes in PAs and how this relates to conservation planning. We show that it is crucial to separate pressure and response and how these together will lead to the observed conservation outcomes. We urge for more focused attention on governance factors and in particular more empirical research on how to address causality and how to account for the quality of governance when prioritizing actions. Our framework is linked to the classic concepts of systematic conservation planning and clarifies the strategies available to achieve a comprehensive and effective network of PAs. © 2016 The Authors. Annals of the New York Academy of Sciences published by Wiley Periodicals, Inc. on behalf of New York Academy of Sciences.

  18. INTERNAL AUDIT IN CORPORATE GOVERNANCE

    Directory of Open Access Journals (Sweden)

    Felicia Gabriela UNGUREANU

    2010-03-01

    Full Text Available Internal Audit, compared with verification of transactions and compliance with established procedures, identify risks and assess the effectiveness of risk management.Internal audit based on risk analysis assesses the adequacy and effectiveness of internal control in all areas of activity, helps management in its task by analyzing the causes and consequences, with recommendations concerning the activities examined, whereas both shareholders and existing and potential investors are interested in how the entity is governed.

  19. What Makes the Bangladesh Local Government Engineering Department (LGED) So Effective?

    OpenAIRE

    Fujita, Yasuo

    2011-01-01

    The Local Government Engineering Department (LGED) is renowned for its superior effectiveness compared with other public organizations in Bangladesh. Using the management and organizational theory framework, this paper attempts to answer the following two related questions: (i) why is LGED so effective, and (ii) has there been complementarity between LGED’s own strengths and the capacity development support of its donors. LGED’s business domain has been conducive to its effectiveness and to t...

  20. 'Good Governance' dan 'Governability'

    Directory of Open Access Journals (Sweden)

    - Pratikno

    2005-03-01

    Full Text Available The article endeavors to trace the outset of governance concept, its dominant meanings and discourse, and its implication towards governability. The central role of government in the governing processes has predominantly been adopted. The concept of governance was emerged precisely in the context of the failure of government as key player in regulation, economic redistribution and political participation. Governance is therefore aimed to emphasize pattern of governing which are based both on democratic mechanism and sound development management. However, practices of such good governance concept –which are mainly adopted and promoted by donor states and agencies– tend to degrade state and/or government authority and legitimacy. Traditional function of the state as sole facilitator of equal societal, political and legal membership among citizens has been diminished. The logic of fair competition has been substituted almost completely by the logic of free competition in nearly all sectors of public life. The concept and practices of good governance have resulted in decayed state authority and failed state which in turn created a condition for "ungovernability". By promoting democratic and humane governance, the article accordingly encourages discourse to reinstall and bring the idea of accountable state back in.

  1. Developing Effective Earthquake Risk Reduction Strategies: The Potential Role of Academic Institutions in Lebanon

    Science.gov (United States)

    Baytiyeh, Hoda

    2015-01-01

    Lebanon faces the risk of powerful earthquakes with potentially devastating effects. However, the Lebanese people in general have not yet recognized this risk, as current educational programs and government officials have failed to inform them about it. This article discusses the essential role that Lebanese institutions of higher education should…

  2. Firm Risk and Performance: The Role of Corporate Governance in Hwa Tai Sdn Bhd

    OpenAIRE

    Khalil, Nur Syafiqah

    2017-01-01

    The main purpose of this study is to examine the relation between the overall performance of Hwa Tai Sdn Bhd with firm specific risk and some macroeconomics factor involved. The data collected are from Hwa Tai Sdn Bhd’s annual report starting from 2011 until 2015. The calculation of liquidity ratio, profitability ratio and operating ratio are used to see the overall performance of Hwa Tai Sdn Bhd. A correlation model comprise of dependent variable which is ROA and numerous independent variabl...

  3. RISK MANAGEMENT - AT THE CONVERGENCE BETWEEN PRUDENCE AND CONTINUITY, A BASIS FOR AN EFFICIENT GOVERNANCE

    OpenAIRE

    Gabriela-Geanina, TUDOSE; Grazia-Oana, PETROIANU

    2014-01-01

    The accountancy principles are sine qua non for a faithful image, nevertheless when it is about evaluation, accountancy is considered a source of uncertainty. The principle of being prudent is the pillar of accountancy having a view to protect the invested capital, although under the conditions of organizations development and of the desire to better results, which inevitably implies risk, this would infringe initiatives and change. Even more, prudence offers a continuity in organization acti...

  4. Solution of Media Risk and Social Responsibility Governance of Social Media

    OpenAIRE

    Zhang Yuan; Li Ming-De; Zhang Hong-Bang

    2017-01-01

    The rapid development of media technology makes the modern society become a “social media” or even “over social media”, the rise of social media makes it beyond the tool attribute, and become an important force in the reconstruction of contemporary society, the risk of concomitant. The anomie and breach of Social media regularly staged, weakened its positive social function, forcing us to think about the social responsibility of social media,which are reflections on the lack of responsibility...

  5. Firm Risk and Performance: The Role of Corporate Governance in Dutch Lady Malaysia

    OpenAIRE

    Alyamutty, siti Nasirah

    2017-01-01

    The objective of this paper to characterize some indicators of overall performance of Dutch Lady Malaysia with specific risk factors and macroeconomics factors (GDP, inflation rate) on return on assets (profitability). The information was collected from Dutch Lady Malaysia annual report for five consecutive year (2011-2015). A correlation model comprising dependent variable (ROA) and numerous independent variables was used to analyse performance of Dutch Lady Malaysia. This study empirical re...

  6. Institutional effectiveness of REDD+ MRV: Countries progress in implementing technical guidelines and good governance requirements

    NARCIS (Netherlands)

    Ochieng, R.M.; Visseren-Hamakers, Ingrid; Arts, B.; Brockhaus, M.; Herold, M.

    2016-01-01

    The UNFCCC requires REDD+ countries wishing to receive results-based payments to measure, report and verify (MRV) REDD+ impacts; and outlines technical guidelines and good governance requirements for MRV. This article examines institutional effectiveness of REDD+ MRV by assessing countries’ progress

  7. The Effectiveness of Corporate Governance Mechanisms and Leadership Structure: Impacts on strategic change and firm performance

    NARCIS (Netherlands)

    Y. Feng (Ying)

    2017-01-01

    markdownabstractHow to assess and improve the effectiveness of corporate governance to accommodate the demands of strategic decision making has been one of the top concerns among both scholars and practitioners. While extensive research has taken an economic view when investigating corporate

  8. Combining structure, governance and context : A configurational approach to network effectiveness

    NARCIS (Netherlands)

    Raab, J.; Mannak, R.S.; Cambré, B.

    2015-01-01

    This study explores the way in which network structure (network integration), network context (resource munificence and stability), and network governance mode relate to net -work effectiveness. The model by Provan and Milward (Provan, Keith G., and H. Brinton Milward. 1995. A preliminary theory of

  9. External technology sourcing : The effect of uncertainty on governance mode choice

    NARCIS (Netherlands)

    van de Vrande, V.; Vanhaverbeke, W.P.M.; Duijsters, G.M.

    2009-01-01

    External knowledge sourcing is increasingly important for corporate entrepreneurship. In this study, we examine the effect of external and relational uncertainty on the governance choice for inter-organizational technology sourcing. We develop a number of hypotheses about the impact of environmental

  10. Effects of transparency on the perceived trustworthiness of a government organization : Evidence from an online experiment

    NARCIS (Netherlands)

    Grimmelikhuijsen, Stephan G.; Meijer, Albert J.

    2014-01-01

    Although the effect of government transparency on trust is heavily debated, our theoretical and empirical understanding of this relationship is still limited. The basic assumption tested in this article is whether transparency leads to higher levels of perceived trustworthiness. This article uses

  11. Afghanistan and the development of alternative systems of animal health in the absence of effective government

    NARCIS (Netherlands)

    Schreuder, B.E.C.; Ward, D.E.

    2004-01-01

    This case study describes the efforts by both non-governmental organisations and United Nations agencies to develop an alternative system for delivering animal health services in Afghanistan, during a period in which there was effectively no government. The authors examine the period from the

  12. E-government and employment services a case study in effectiveness

    CERN Document Server

    Fugini, Maria Grazia; Valles, Ramon Salvador

    2014-01-01

    This book explores the factors that affect the efficiency and effectiveness of electronic government (e-Government) by analyzing two employment- service systems in Italy and Catalonia: the Borsa Lavoro Lombardia Portal (Lombardy Employment Services Portal) and the Servei d'Ocupació de Catalunya (Catalan Employment Services Portal). The evaluation methodology used in the case studies and the related set of technical, social, and economic indicators are clearly described. The technological and organizational features of the systems of the two systems are then compared and their impacts assessed

  13. Risk effectiveness evaluation of surveillance testing

    International Nuclear Information System (INIS)

    Kim, I.S.; Samanta, P.K.; Martorell, S.; Vesely, W.E.

    1991-01-01

    To address the concerns about nuclear power plant surveillance tests, i.e., their adverse safety impact due to negative effects and too burdensome requirements, it is necessary to evaluate the safety significance or risk effectiveness of such tests explicitly considering both negative and positive effects. This paper defines the negative effects of surveillance testing from a risk perspective, and then presents a methodology to quantify the negative risk impact, i.e., the risk penalty or risk increase caused by the test. The method focuses on two important kinds of negative effects, namely, test-caused transients and test-caused equipment degradations. The concepts and quantitative methods for the risk evaluation can be used in the decision-making process to establish the safety significance of the tests and to screen the plant-specific surveillance test requirements. 6 refs., 2 figs., 2 tabs

  14. Measuring the Amount of Effects of Capability Approach on Developing E-government

    Directory of Open Access Journals (Sweden)

    behroz Zarei

    2013-07-01

    Full Text Available In capability approach (C.A., the concepts of developed and undeveloped and their realization instruments are different from other common approaches. Just those who are provided with personal capabilities and environmental conditions can be the messengers of development. In this approach background of our country in planning is ignored and resolved the challenges of development in e- government.  So at first, main challenges in developing e-government are identified, then models of C.A. and factors affecting it are extracted and classified. Next, the amount of effects of human capabilities on different challenges of e-government is surveyed based on QFD and ranked regarding Shannon Entropy. The results showed in e-government developing, considering the capabilities of people along with different ideas of the government can be influential. The important capabilities are as follows: the ability to create a democratic, free environment in the information community, accessing to this information, the ability to learn the electronic knowledge and the ability to offer services with electronic quality and the ability to preserve one’s rights in an electronic environment.

  15. The Effect of IFRS Adoption on the Financial Reports of Local Government Entities

    Directory of Open Access Journals (Sweden)

    Kamran Ahmed

    2012-09-01

    Full Text Available This paper aims to analyse the changes in accounting surplus (loss, equity and assets, and liabilities as a result of accounting policy changes from the Australian Accounting Standards (AAS to the International Financial Reporting Standards (IFRS in Australian local government entities. Using the reconciliation notes disclosed by 117 local government entities, evidence is provided on the effects of IFRS adoption by identifying the key items that of difference between IFRS and AASB. The results show some differences between two sets of accounts prepared under these different accounting standards. While the average surplus (loss of local councils has decreased, their equities, assets and liabilities have increased, with no major significant changes in their overall financial position, except for liabilities. These results indicate the possible consequences of the adoption of IFRS by local government entities in other countries on performance indicators who have or are yet to implement these standards.

  16. Risk Reducing Effect of AIS Implementation on Collision Risk

    DEFF Research Database (Denmark)

    Lützen, Marie; Friis-Hansen, Peter

    2003-01-01

    AIS (Automatic Identification System) is a transponder system developed for sea traffic purposes. The system sends and receives important ship information and other safety-related information between other ships and shore-based AIS stations. The implementation of AIS has now been initiated and......, as a result, the community will undoubtedly observe an increase in navigational safety. However, to the authors? knowledge, no study has so far rigorously quantified the risk reducing effect of using AIS as an integrated part of the navigational system. The objective of this study is to fill this gap....... The risk reducing effect of AIS is quantified by building a Bayesian network facilitating an evaluation of the effect of AIS on the navigational officer?s reaction ability in a potential, critical collision situation. The time-dependent change in the risk reducing effect on ship collisions is analysed...

  17. Panama disease in banana and neoliberal governance: towards a political ecology of risk

    OpenAIRE

    Cruz, de la, Jaye

    2017-01-01

    The emergence of Panama disease Tropical Race 4 (Fusarium oxysporum f.sp. cubense) or TR4 – a fungal disease in banana that is considered by horticulture experts as not only one of the most destructive diseases in the world (Ploetz 1994) but one with no on-hand socio-cultural or chemical method to control it satisfactorily (Ploetz 2015) – has generated conversations, dialogue, inquiry and at times controversy, on how this risk is to be managed. The onslaught of Tropical Race 1 (TR1) in the 19...

  18. Dietary modification, Body Mass Index (BMI), Blood Pressure (BP) and cardiovascular risk in medical students of a government medical college of Karachi

    International Nuclear Information System (INIS)

    Raza, S.; Sheikh, M.A.; Hussain, M.F.A.; Siddiqui, S.E.; Muhammad, R.; Aziz, S.; Qamar, S.; Saleem, M.A.; Waki, N.; Faruqi, H.; Zia, A.

    2010-01-01

    Objective: To determine the prevalence of major risk factors including dietary modification, Body Mass Index (BMI), Blood Pressure (BP) and physical activity in medical students of government teaching hospitals of Karachi. Methods: A cross sectional study was conducted on students of Dow Medical College, Karachi, Pakistan through a structured pre-tested questionnaire. Non-probability purposive sampling was used. Smoking, hypertension, family history of cardiovascular disease (CVD), overweight and low physical activity levels are risk factors the presence of which can lead to development of CVD. Prevalence of these risk factors was determined by asking appropriate questions and through measurement of BMI and blood pressure for overweight and hypertension respectively. Awareness of risk factors was determined through knowledge of the effect of various food substances on development of CVD and of adoption of dietary changes keeping in mind the risk of developing CVD. SPSS 16.0 was used for statistical analysis. Results: A total of 132 medical students were included in the study of which 57 (43.2%) and 75 (56.8%) were male and female respectively with mean age of 20.85 +- 1.21 years. About 15.9% of students had elevated blood pressure i.e. > 140/90 mmHg. Twenty eight percent of the total students were found to be underweight and 17.4% were overweight, 5% had some history of CVD, 56.8% had family history of CVD, 9.4% were smokers and 29.5% had high physical activity level. About 87.1% had modified their diet for preventing CVD. Most of the students had adequate knowledge about the cardiovascular risk factors Conclusion: Majority of students were not overweight. A high prevalence of cardiovascular risk factors; family history and elevated blood pressure was present. Awareness in terms of knowledge was satisfactory but implementation in terms of diet modification and adequate physical activity was lacking. (author)

  19. On the effectiveness of private transnational governance regimes - evaluating corporate sustainability reporting according to the Global Reporting Initiative

    OpenAIRE

    Barkemeyer, Ralf; Preuss, Lutz; Lee, Lindsay

    2015-01-01

    The increasing involvement of multinational enterprises (MNEs) in global governance has been both applauded for its potential to make governance more effective and criticized for lacking democratic legitimization. Hence we investigate the effectiveness of one transnational governance regime, corporate sustainability reporting according to the Global Reporting Initiative (GRI). We found that the GRI has been successful in terms of output effectiveness by promoting the dissemination of sustaina...

  20. Application of Risk within Net Present Value Calculations for Government Projects

    Science.gov (United States)

    Grandl, Paul R.; Youngblood, Alisha D.; Componation, Paul; Gholston, Sampson

    2007-01-01

    In January 2004, President Bush announced a new vision for space exploration. This included retirement of the current Space Shuttle fleet by 2010 and the development of new set of launch vehicles. The President's vision did not include significant increases in the NASA budget, so these development programs need to be cost conscious. Current trade study procedures address factors such as performance, reliability, safety, manufacturing, maintainability, operations, and costs. It would be desirable, however, to have increased insight into the cost factors behind each of the proposed system architectures. This paper reports on a set of component trade studies completed on the upper stage engine for the new launch vehicles. Increased insight into architecture costs was developed by including a Net Present Value (NPV) method and applying a set of associated risks to the base parametric cost data. The use of the NPV method along with the risks was found to add fidelity to the trade study and provide additional information to support the selection of a more robust design architecture.

  1. Comparison of Cardiovascular Risk Screening Methods and Mortality Data among Hungarian Primary Care Population: Preliminary Results of the First Government-Financed Managed Care Program.

    Science.gov (United States)

    Móczár, Csaba; Rurik, Imre

    2015-09-01

    Besides participation in the primary prevention, screening as secondary prevention is an important requirement for primary care services. The effect of this work is influenced by the characteristics of individual primary care practices and doctors' screening habits, as well as by the regulation of screening processes and available financial resources. Between 1999 and 2009, a managed care program was introduced and carried out in Hungary, financed by the government. This financial support and motivation gave the opportunity to increase the number of screenings. 4,462 patients of 40 primary care practices were screened on the basis of SCORE risk assessment. The results of the screening were compared on the basis of two groups of patients, namely: those who had been pre-screened (pre-screening method) for known risk factors in their medical history (smoking, BMI, age, family cardiovascular history), and those randomly screened. The authors also compared the mortality data of participating primary care practices with the regional and national data. The average score was significantly higher in the pre-screened group of patients, regardless of whether the risk factors were considered one by one or in combination. Mortality was significantly lower in the participating primary practices than had been expected on the basis of the national mortality data. This government-financed program was a big step forward to establish a proper screening method within Hungarian primary care. Performing cardiovascular screening of a selected target group is presumably more appropriate than screening within a randomly selected population. Both methods resulted in a visible improvement in regional mortality data, though it is very likely that with pre-screening a more cost-effective selection for screening may be obtained.

  2. Player or referee? Aid effectiveness and the governance of health policy development: Lessons from Viet Nam.

    Science.gov (United States)

    Dodd, Rebecca; Olivé, Jean-Marc

    2011-01-01

    Viet Nam is one of the brightest stars in the constellation of developing countries. Its remarkable achievements in reducing poverty and improving health and education outcomes are well known, and as a result it has enjoyed generous aid programmes. Viet Nam also has a reputation for taking a strong lead in disciplining its donors and pushing for more efficient and effective forms of aid delivery, both at home and internationally. This article discusses how efforts to improve the effectiveness of aid intersect with policy-making processes in the health sector. It presents a quantitative review of health aid flows in Viet Nam and a qualitative analysis of the aid environment using event analysis, participant observation and key informant interviews. The analysis reveals a complex and dynamic web of incentives influencing the implementation of the aid effectiveness agenda in the health sector. There are contradictory forces within the Ministry of Health, within government as a whole, within the donor community and between donors and government. Analytical frameworks drawn from the study of policy networks and governance can help explain these tensions. They suggest that governance of health aid in Viet Nam is characterised by multiple, overlapping 'policy networks' which cut across the traditional donor-government divide. The principles of aid effectiveness make sense for some of these communities, but for others they are irrational and may lead to a loss of influence and resources. However, sustained engagement combined with the building of strategic coalitions can overcome individual and institutional incentives. This article suggests that aid reform efforts should be understood not as a technocratic agenda but as a political process with all the associated tensions, perverse incentives and challenges. Partners thus need to recognise - and find new ways of making sense of - the complexity of forces affecting aid delivery.

  3. Intentions to Participate in Counselling among Front-Line, At-Risk Irish Government Employees: An Application of the Theory of Planned Behaviour

    Science.gov (United States)

    Hyland, Philip E.; McLaughlin, Christopher G.; Boduszek, Daniel; Prentice, Garry R.

    2012-01-01

    The study set out to examine intentions to engage in counselling among at-risk Irish government employees and the differential utility of two alternative theory of planned behaviour (TPB) models of behaviour to explain intentions to participate in counselling. Individuals (N = 259) employed in a front-line, at-risk occupation for the Irish…

  4. Effects of Selected Corporate Governance Characteristics on Firm Performance: Empirical Evidence from Kenya

    Directory of Open Access Journals (Sweden)

    Vincent Okoth Ongore

    2011-01-01

    Full Text Available This paper examines the interrelations among ownership, board and manager characteristics and firm performance in a sample of 54 firms listed at the Nairobi Stock Exchange (NSE. These governance characteristics, designed to minimize agency problems between principals and agents are operationalized in terms of ownership concentration, ownership identity, board effectiveness and managerial discretion. The typical ownership identities at the NSE are government, foreign, institutional, manager and diverse ownership forms. Firm performance is measured using Return on Assets (ROA, Return on Equity (ROE and Dividend Yield (DY. Using PPMC, Logistic Regression and Stepwise Regression, the paper presents evidence of significant positive relationship between foreign, insider, institutional and diverse ownership forms, and firm performance. However, the relationship between ownership concentration and government, and firm performance was significantly negative. The role of boards was found to be of very little value, mainly due to lack of adherence to board member selection criteria. The results also show significant positive relationship between managerial discretion and performance. Collectively, these results are consistent with pertinent literature with regard to the implications of government, foreign, manager (insider and institutional ownership forms, but significantly differ concerning the effects of ownership concentration and diverse ownership on firm performance.

  5. Audit mode change, corporate governance

    Directory of Open Access Journals (Sweden)

    Limei Cao

    2015-12-01

    Full Text Available This study investigates changes in audit strategy in China following the introduction of risk-based auditing standards rather than an internal control-based audit mode. Specifically, we examine whether auditors are implementing the risk-based audit mode to evaluate corporate governance before distributing audit resources. The results show that under the internal control-based audit mode, the relationship between audit effort and corporate governance was weak. However, implementation of the risk-based mode required by the new auditing standards has significantly enhanced the relationship between audit effort and corporate governance. Since the change in audit mode, the Big Ten have demonstrated a significantly better grasp of governance risk and allocated their audit effort accordingly, relative to smaller firms. The empirical evidence indicates that auditors have adjusted their audit strategy to meet the regulations, risk-based auditing is being achieved to a degree, reasonable and effective corporate governance helps to optimize audit resource allocation, and smaller auditing firms in particular should urgently strengthen their risk-based auditing capability. Overall, our findings imply that the mandatory switch to risk-based auditing has optimized audit effort in China.

  6. Labour market asymmetries and shock absorption in a monetary union: are government coalitions effective?

    Directory of Open Access Journals (Sweden)

    Oros Cornel

    2008-01-01

    Full Text Available Given a monetary Union which is heterogeneous at the level of labour market flexibility, this paper investigates the effects in terms of macroeconomic stabilization of the different degrees of fiscal coordination between governments. We use a static Keynesian model within a closed monetary Union and we introduce an intermediate level of coordination between the national governments, which is the variable geometry coordination between economic clubs consisting of structurally close countries. The distinction between the wide Union's welfare and each country member's individual welfare proves that the effectiveness of a variable geometry fiscal coordination mainly depends on the type of the economic shocks affecting the Union members, the nature of the fiscal spillovers, and the extent of the Union's structural heterogeneity. While this type of game is effective in neutralizing the demand shocks, it doesn't manage to improve the national protection of all the country members against the supply shocks. .

  7. Tax Governance

    DEFF Research Database (Denmark)

    Boll, Karen; Brehm Johansen, Mette

    to wider international trends within tax administration, especially concerning the development of risk assessments and internal control in the corporations and a greater focus on monitoring of these elements by the tax authorities. Overall, the working paper concludes that Tax Governance as a model......This working paper presents an analysis of the experiences of Cooperative Compliance in Denmark. Cooperative Compliance denotes a specific kind of collaborative program for the regulation of large corporate taxpayers by the tax authorities. Cooperative Compliance programs have been implemented...... in several countries worldwide. In Denmark the program is called Tax Governance. Tax Governance has been studied using qualitative method and the analyses of the working paper build on an extensive base of in-depth interviews – primarily with tax directors from corporations participating in the program...

  8. Policies for higher education in Colombia: the effects of contemporary governance

    Directory of Open Access Journals (Sweden)

    Olga Cecilia Díaz Flórez

    2016-05-01

    Full Text Available This article contextualize social and educational policies in the forms of government intervention characterized by a pragmatism at keeps the suction set "friendly approaches to the market" which will swing less to greater coordination between them. These reforms, which are governed by the growth stimulated by the market are based on government practices, which combine two important strategies that provide flexibility: the global frame design with different ways to achieve the focused objectives in the growth and use of OMCs operating with a degree of variability which are monitored through regular monitoring ongoing for several organizations and social partners. Thus, the purpose of this discussion is to understand the place of politics in contemporary forms of government, analyzing both the scope as the questions related to the reform process driven by the Bologna Declaration. Besides this, the debate deepens the affectations of policies generated in countries like Colombia, showing how one of its most visible effects is presented by the guidelines for skills and the mass evaluation, conceived as a strategic place, as a kind of hinge, which seeks to articulate the world education with the productive sector. To illustrate some of the effects produced by these strategies of government, the text also thematizes the new issues raised, particularly the level of hierarchy, stratification and inequality derived from forms of social regulation undertaken in higher education that took place in Colombia in the last decade. In conclusion presents a few current guidelines from the environment experienced in recent years in the country, showing that a reform in higher education confirms this trend .; but it managed to contain this movement thanks to the active role of the student movement which secured the transforming role of education, the nature of the common good that belongs to all of society making possible the opportunity to provide a dignified life

  9. Transparency and Accountability of Government Regulations as an Integral Part of Social Responsibility Effectiveness

    Directory of Open Access Journals (Sweden)

    Elena A. Frolova

    2016-09-01

    Full Text Available In the paper the author's view on the role of government in promoting social responsibility of business and the individual is described. The main features of the socio-economic situation in Russia today are presented (horizontal and vertical mobility of the population, a small number of organizations and the extra-centralized public authorities, the predominance of personal relations between economic agents. The necessity of increasing the role of individuals and businesses in the social system is substantiated and the basic directions of activity are suggested (prosocial preferences, interpersonal trust, redistribution of social responsibility. Transparency and accountability of public authorities are very powerful tool to improve the quality of governance and it is one of the important conditions for the social responsibility, as well as to economic performance in modern Russia. The legitimacy of government is a multidimensional issue. And if we take into account the Russian features it is necessary to point out public control and enforcement, quality of formal institutions, and effectiveness of enforcement mechanisms. Also governance is important to enhance quality of regulation.

  10. Opening the Black Box: Exploring the Effect of Transformation on Online Service Delivery in Local Governments

    Science.gov (United States)

    van Veenstra, Anne Fleur; Zuurmond, Arre

    To enhance the quality of their online service delivery, many government organizations seek to transform their organization beyond merely setting up a front office. This transformation includes elements such as the formation of service delivery chains, the adoption of a management strategy supporting process orientation and the implementation of enterprise architecture. This paper explores whether undertaking this transformation has a positive effect on the quality of online service delivery, using data gathered from seventy local governments. We found that having an externally oriented management strategy in place, adopting enterprise architecture, aligning information systems to business and sharing activities between processes and departments are positively related to the quality of online service delivery. We recommend that further research should be carried out to find out whether dimensions of organizational development too have an effect on online service delivery in the long term.

  11. Market concentration, corporate governance and innovation: Partial and combined effects in US-listed firms

    Directory of Open Access Journals (Sweden)

    Mehmet Ugur

    2012-10-01

    Full Text Available Existing research on the relationship between market concentration and innovation has produced conflicting findings. In addition, the emerging literature on the relationship between corporate governance and innovation tends to focus only on partial effects of corporate governance on innovation. We aim to contribute to the debate by investigating both partial and combined effects of corporate governance and market concentration on innovation. Utilising a dataset for 1,400 non-financial US-listed companies and two-way cluster-robust estimation methodology, we report several findings. First, the relationship between market concentration and innovation is non-linear. Secondly, the relationship has a U-shape in the case of input measure of innovation (research and development - R&D – expenditures; but it has an inverted-U shape when net book-value of brands and patents is used as output measure of innovation. Third, corporate governance indicators such as anti-takeover defences and insider control tend to have a negative partial effect on R&D expenditures but a positive partial effect on net book-value of brands and patents. Finally, when interacted with market concentration, anti-takeover defences and insider control act as complements to market concentration. Hence, firms with strong anti-take-over defences and under insider control tend to spend more on R&D but are less able to generate valuable brands and patents as market concentration increases. These results are based on two-way cluster-robust estimation, which takes account of both serial and cross-sectional dependence in the error terms.

  12. Cash Management, Revenue Sources and Cost Effective Methods of Revenue Collection at Local Government Level

    OpenAIRE

    Mustapha Gimba Kumshe; Kagu Bukar

    2013-01-01

    The main objective of this paper was to focus on the elements, objectives, goals and importance of cash management; and also to examine the sources of revenue and cost effective collections for local governments. The elements of cash management are identified as establishing bank relations, preparing cash flow statements, estimating collection receipts and analyzing cash flow and preparing a budget. Amongst the objectives of cash management is to ensure availability of cash resources at all t...

  13. Characteristics and Effectiveness of the U.S. State E-Government-to-Business Services

    Science.gov (United States)

    Zhao, Jensen J.; Truell, Allen; Alexander, Melody W.

    2008-01-01

    This study examined the user-interface characteristics and effectiveness of the e-government-to-business (G2B) sites of the 50 U.S. states and Washington, D.C. A group of 306 online users were trained to assess the sites. The findings indicate that the majority of the state G2B sites included the user-interface characteristics that provided online…

  14. Overview of systematic reviews on the health-related effects of government tobacco control policies.

    Science.gov (United States)

    Hoffman, Steven J; Tan, Charlie

    2015-08-05

    Government interventions are critical to addressing the global tobacco epidemic, a major public health problem that continues to deepen. We systematically synthesize research evidence on the effectiveness of government tobacco control policies promoted by the Framework Convention on Tobacco Control (FCTC), supporting the implementation of this international treaty on the tenth anniversary of it entering into force. An overview of systematic reviews was prepared through systematic searches of five electronic databases, published up to March 2014. Additional reviews were retrieved from monthly updates until August 2014, consultations with tobacco control experts and a targeted search for reviews on mass media interventions. Reviews were assessed according to predefined inclusion criteria, and ratings of methodological quality were either extracted from source databases or independently scored. Of 612 reviews retrieved, 45 reviews met the inclusion criteria and 14 more were identified from monthly updates, expert consultations and a targeted search, resulting in 59 included reviews summarizing over 1150 primary studies. The 38 strong and moderate quality reviews published since 2000 were prioritized in the qualitative synthesis. Protecting people from tobacco smoke was the most strongly supported government intervention, with smoke-free policies associated with decreased smoking behaviour, secondhand smoke exposure and adverse health outcomes. Raising taxes on tobacco products also consistently demonstrated reductions in smoking behaviour. Tobacco product packaging interventions and anti-tobacco mass media campaigns may decrease smoking behaviour, with the latter likely an important part of larger multicomponent programs. Financial interventions for smoking cessation are most effective when targeted at smokers to reduce the cost of cessation products, but incentivizing quitting may be effective as well. Although the findings for bans on tobacco advertising were

  15. Effectiveness of physical activity intervention among government employees with metabolic syndrome

    OpenAIRE

    Chee Huei Phing; Hazizi Abu Saad; M.Y. Barakatun Nisak; M.T. Mohd Nasir

    2017-01-01

    Background/Objective: Our study aimed to assess the effects of physical activity interventions via standing banners (point-of-decision prompt) and aerobics classes to promote physical activity among individuals with metabolic syndrome. Methods: We conducted a cluster randomized controlled intervention trial (16-week intervention and 8-week follow-up). Malaysian government employees in Putrajaya, Malaysia, with metabolic syndrome were randomly assigned by cluster to a point-of-decision prom...

  16. Exogenous vs. endogenous governance in innovation communities: Effects on motivation, conflict and justice - An experimental investigation

    OpenAIRE

    Störmer, Niclas; Herstatt, Cornelius

    2014-01-01

    In this study we examine the effects of exogenous vs. endogenous governance rules on a virtual community handling an innovative task. Specifically we investigate the relationship between the two modes (exogenous vs. endogenous) and factors such as motivation, conflict and justice. We conducted an experiment with 70 students, divided into teams of five. We manipulated procedural legitimacy by allowing one group to choose a set of rules and giving the other group the same rules exogenously. Our...

  17. EFFECT OF INTERNAL CONTROL SYSTEMS ON FINANCIAL MANAGEMENT IN BARINGO COUNTY GOVERNMENT, KENYA

    OpenAIRE

    Lagat, Cornelius; Okelo, Caroline

    2018-01-01

    This study intended to establish the effect of internal control systems on financial management in Baringo County government in Kenya. Internal control systems are integral components of the management processes of a public sector institution which should be established in order to provide reasonable assurance that the financial operations are carried out transparently and accountably. The study adopted the Committee of Sponsoring Organizations of the Tread way Commission (COSO) theoretical f...

  18. The broiler meat system in Nairobi, Kenya: Using a value chain framework to understand animal and product flows, governance and sanitary risks.

    Science.gov (United States)

    Carron, Maud; Alarcon, Pablo; Karani, Maurice; Muinde, Patrick; Akoko, James; Onono, Joshua; Fèvre, Eric M; Häsler, Barbara; Rushton, Jonathan

    2017-11-01

    Livestock food systems play key subsistence and income generation roles in low to middle income countries and are important networks for zoonotic disease transmission. The aim of this study was to use a value chain framework to characterize the broiler chicken meat system of Nairobi, its governance and sanitary risks. A total of 4 focus groups and 8 key informant interviews were used to collect cross-sectional data from: small-scale broiler farmers in selected Nairobi peri-urban and informal settlement areas; medium to large integrated broiler production companies; traders and meat inspectors in live chicken and chicken meat markets in Nairobi. Qualitative data were collected on types of people operating in the system, their interactions, sanitary measures in place, sourcing and selling of broiler chickens and products. Framework analysis was used to identify governance themes and risky sanitary practices present in the system. One large company was identified to supply 60% of Nairobi's day-old chicks to farmers, mainly through agrovet shops. Broiler meat products from integrated companies were sold in high-end retailers whereas their low value products were channelled through independent traders to consumers in informal settlements. Peri-urban small-scale farmers reported to slaughter the broilers on the farm and to sell carcasses to retailers (hotels and butcheries mainly) through brokers (80%), while farmers in the informal settlement reported to sell their broilers live to retailers (butcheries, hotels and hawkers mainly) directly. Broiler heads and legs were sold in informal settlements via roadside vendors. Sanitary risks identified were related to lack of biosecurity, cold chain and access to water, poor hygiene practices, lack of inspection at farm slaughter and limited health inspection in markets.
 Large companies dominated the governance of the broiler system through the control of day-old chick production. Overall government control was described as

  19. Radon risk: the polonium effects

    International Nuclear Information System (INIS)

    Pradel, J.

    2003-01-01

    The atoms of radon present in the earth's crust give after disintegration atoms of polonium 210 and lead 210 having a strong toxicity by ingestion ( superior of a factor 2 to 10 comparatively to plutonium 239). We have to remember that polonium and lead 210 are present everywhere in very important quantities relatively to values quoted for ground pollution. This must reassure us for the risks run from the nuclear facilities for which important efforts are made in matter of radiation protection. (N.C.)

  20. The Sustainability Analysis Framework: An Effective Knowledge Communication Tool in a Whole of Government Context

    Directory of Open Access Journals (Sweden)

    Kendal Hodgman

    2007-06-01

    Full Text Available This paper focuses on the structural formation of the Sustainability Analysis Framework (SAF, which has proved to be an effective knowledge communication tool in the largest state administration in Australia, the Government of New South Wales. The SAF, devised by the author, has been implemented across thirty-eight state agencies and demonstrates that a whole of government Sustainability perspective is achievable. The level of the NSW Government's commitment to this process is evidenced by the fact that it was coordinated at the highest levels of the administration and engaged high-level input from a comprehensive portfolio of its agencies. The SAF's successful deployment across this significant bureaucracy shows that the generally applicable mechanism is effective in data collation, information sharing, knowledge organisation and the communication of Sustainability practice and wisdom. At the heart of the paper is the author's contention that one of the key problems which jeopardises our common future on Earth is the lack of effective tools to communicate Sustainability thinking and practice. In the course of the project, upon which this paper is based, the author identified the need for a visually and conceptually accessible mechanism to accelerate the uptake of Sustainability practice in a whole of organization context. In designing the SAF, which has successfully bridged this knowledge communication gap, the author employed two of humanity's fundamental learning tools – the diagram and the story.

  1. Pragmatism and Effective Fragmented Governance: Comparing Trajectories in Small Arms and Military and Security Services

    Directory of Open Access Journals (Sweden)

    Deborah Avant

    2013-10-01

    Full Text Available A hallmark of contemporary global governance is its complex nature. Understanding the implications of the array of “governors” and their efforts is paramount for scholars of global law and global politics. Most analyses have treated fragmented governance as a piece, arguing about its general effects. I concentrate instead on variation within fragmented situations, seeking to understand the conditions under which complexity yields more or less effective governance. I propose an analytical scheme for gauging effectiveness focused on how the array of governance efforts in an issue area relate to one another. I then compare these efforts in two issue arenas: small arms and private military and security services. Despite a similar complexity, similar array of actors trying to exert influence, and similar timing, complexity in small arms generated what most see as less effective results while in military and security services it has generated what seems to be a more promising path toward effective governance mechanisms. This difference is best explained with insights from pragmatism and network theory. When a broader range of relevant governors engage pragmatically to form linked networks governance is more likely. When governors engage ideologically and break off ties governance is less likely. Pragmatic engagement among the variety of relevant governors, including the US, is most likely to generate effective global governance. Una característica distintiva del gobierno mundial contemporáneo es su naturaleza compleja. Entender las implicaciones de la serie de "gobernadores" y sus esfuerzos es fundamental para los estudiosos del derecho internacional y la política mundial. La mayoría de los análisis han tratado el gobierno fragmentado como una pieza, discutiendo sobre sus efectos generales. El análisis se centra en cambio en la variación dentro de situaciones fragmentadas, buscando entender las condiciones en las que la complejidad produce

  2. Praxis in Local Legislative Governance: Measure of Organizational Effectiveness of the Component Cities in Nueva Ecija, Philippines

    Directory of Open Access Journals (Sweden)

    Arneil G. Gabriel

    2017-05-01

    Full Text Available The article discovers the congruence of governance principles and actual administrative practices in local legislative chamber in Nueva Ecija, Philippines. By using case study, it measured the influence of governance principles to legislative performance and organizational effectiveness. The good governance principles of citizens’ participation, accountability and transparency are correlated to legislative performance. Inspired by the organization theory of systems model, the result showed that there is a link between organizational effectiveness, legislative performance and observance of good governance principles. The study recommends that scientific inquiry be done to measure degree of convergence and divergence of theory and practice in Philippine administrative system.

  3. Corporate Governance

    Directory of Open Access Journals (Sweden)

    Dragoș-Mihail Daghie

    2011-05-01

    Full Text Available The purpose of this study is to analyze and understand the recently introduced form of managementof a company limited by shares. The Law no. 441/2006, which fundamentally amended Company Law,created this form of controlling the company, the corporate governance, but the legislation does not explicitlydefine what it wants to achieve through this instrument. This topic is recent in research as the theme ofgerman-roman commercial law systems (in French corporate governance system was introduced in 1966 andin Romania in 2006 but in terms of Anglo-Saxon law, the topic has been addressed years since 1776 (AdamSmith: The Wealth of Nations The concept of corporate governance would like, as a result, to establish somerules that companies must comply in order to achieve effective governance, transparent and beneficial forboth shareholders and for the minority. Corporate governance is a key element with an aim at improvingefficiency and economic growth in full accordance with the increase of investors’ confidence. Corporategovernance assumes a series of relationship between the company management, leadership, shareholders andthe other people concerned. Also corporate governance provides for that structure by means of which thecompany’s targets are set out and the means to achieve them and also the manner how to monitor such.

  4. Effect of Governance Indicators on Under-Five Mortality in OECD Nations: Generalized Method of Moments.

    Science.gov (United States)

    Emamgholipour, Sara; Asemane, Zahra

    2016-01-01

    Today, it is recognized that factors other than health services are involved in health improvement and decreased inequality so identifying them is the main concern of policy makers and health authorities. The aim of this study was to investigate the effect of governance indicators on health outcomes. A panel data study was conducted to investigate the effect of governance indicators on child mortality rate in 27 OECD countries from 1996 to 2012 using the Generalized Method of Moments (GMM) model and EVIEWS.8 software. According to the results obtained, under-five mortality rate was significantly related to all of the research variables (p corruption and rule of law indicators decreased child mortality rate by 0.05 and 0.08%, respectively. Furthermore, 1% increase in public health expenditure per capita resulted in a 0.03% decrease in under-five mortality rate. The results of the study suggest that considering control variables, including GDP per capita, public health expenditure per capita, total fertility rate, and improvement of governance indicators (control of corruption and rule of law) would decrease the child mortality rate.

  5. GROWTH, LIQUIDITY CONSTRAINTS, CREDIBILITY AND THE EFFECTS OF SHOCKS UNDER A NON-CREDIBLE GOVERNMENT

    Directory of Open Access Journals (Sweden)

    DURMUŞ ÖZDEMİR

    2013-06-01

    Full Text Available This paper presents an overlapping generations model for a small open economy. The model is calibrated to fit data for Turkey. Simulations suggest that for a fairly open economy such as Turkey, credibility and liquidity constraints matter and the choice of income taxation rate, the mix of government spending and the long-run government debt/GDP ratio can all significantly affect the economic growth. The paper also examines the effectiveness of fiscal policy under different levels of liquidity constraint in an open economy within a dynamic framework. It shows that liquidity constraints can affect the outcome of any fiscal policy. Hence fiscal policy is even more important for the less developed economies of the world.

  6. Global health promotion: how can we strengthen governance and build effective strategies?

    Science.gov (United States)

    Lee, Kelley

    2006-12-01

    This paper discusses what is meant by 'global health promotion' and the extent to which global governance architecture is emerging, enabling people to increase control over, and to improve, their health within an increasingly global context. A review of selected initiatives on breast-milk substitutes, healthy cities, tobacco control and diet and nutrition suggests that existing institutions are uneven in their capacity to tackle global health issues. The strategic building of a global approach to health promotion will draw on a broad range of governance instruments, give careful attention to implementation in the medium to longer term, reflect on the nature and appropriateness of partnerships and develop fuller understanding of effective policies for harnessing the positive influences of globalization and countering the negatives.

  7. Risiko Manajemen dan Risiko Governance dengan Perencanaan Audit

    OpenAIRE

    SANTOSO, GUNAWAN

    2012-01-01

    The successful completion of the audit engagement is determined by the quality of the audit plan prepared by the auditor. This suggests that the lower the risk of corporate governance faced by auditors, the audit planning requires a long time and conversely, the higher the risk of corporate governance faced by auditors, the audit plan does not require a long time. Alternatively, effective corporate governance mechanisms or whether the client is not a risk to the auditor in considering when pl...

  8. The safety culture according to a comprehensive approach. A contribution to risk governance within complex systems. Doctoral thesis prepared at SCK-CEN and defended in 2004

    International Nuclear Information System (INIS)

    Fucks, I.

    2005-01-01

    The article refers to an abstract of a doctoral thesis. This PhD is based on two evolutions within the society concerning the way to manage modern risks. It is more and more acknowledged that, firstly, rational scientific models are no longer capable to explain and manage the complexity and the diversity of risks. Secondly the supporters of a democratic conception of the risk governance claim that the risk management can benefit from the participation of the lay people to the debate. Within this framework, the study of safety culture, according to a bottom-up and comprehensive approach, in the field of the social sciences, represents an opportunity to make concrete the risk governance principle within complex system (such as a nuclear power plant and a nuclear research centre). The objectives of this PhD are the following: to appreciate the participation of the workers to the debate of the risk management within organisations; to present the lessons which can be drawn from this exercise and finally to investigate the safety culture of different groups of workers adopting an alternative view as compared to the vision as formulated in the present texts of the IAEA.The methodology was based on two techniques: observation and Focus Group. The observations were planed to feed further the Focus Group discussions with concrete examples of situations at work. We organized different Focus Group discussions with different kinds of workers (workers, managers, safety officers) in order to collect the social representation relating to the safety, the organization, the technology, the socio-economical environment and the work of each of these groups, both in the Belgian Nuclear Research Centre and in the Nuclear Power Plant of Tricastin in France. The results confirm firstly the relevance of developing a multidisciplinary theoretical framework of safety culture drawing its inspiration from sociology, social psychology, anthropology, etc. This multidisciplinary approach allows

  9. Safer Rations, Riskier Portfolios : Banks’ responses to Government Aid

    NARCIS (Netherlands)

    Duchin, R.; Sosyura, D.

    2012-01-01

    Abstract: We study the effect of government assistance on bank risk taking. Using hand-collected data on bank applications for government investment funds, we investigate the effect of both application approvals and denials. To distinguish banks’ risk taking behavior from changes in economic

  10. An Inverse Problem Study: Credit Risk Ratings as a Determinant of Corporate Governance and Capital Structure in Emerging Markets: Evidence from Chinese Listed Companies

    Directory of Open Access Journals (Sweden)

    ManYing Kang

    2017-11-01

    Full Text Available Credit risk rating is shown to be a relevant determinant in order to estimate good corporate governance and to self-optimize capital structure. The conclusion is argued from a study on a selected (and justified sample of (182 companies listed on the Shanghai Stock Exchange (SHSE and the Shenzhen Stock Exchange (SZSE and which use the same Shanghai Brilliance Credit Rating & Investors Service Company (SBCR assessment criteria, for their credit ratings, from 2010 to 2015. Practically, 3 debt ratios are examined in terms of 11 characteristic variables. Moreover, any relationship between credit rating and corporate governance can be thought to be an interesting finding. The relationship we find between credit rating and leverage is not as evident as that found by other researchers for different countries; it is significantly positively related to the outside director, firm size, tangible assets and firm age, and CEO and chairman office plurality. However, leverage is found to be negatively correlated with board size, profitability, growth opportunity, and non-debt tax shield. Credit rating is positively associated with leverage, but in a less significant way. CEO-Board chairship duality is insignificantly related to leverage. The non-debt tax shield is significantly correlated with leverage. The correlation coefficient between CEO duality and auditor is positive but weakly significant, but seems not consistent with expectations. Finally, profitability cause could be regarded as an interesting finding. Indeed, there is an inverse correlation between profitability and total debt (Notice that the result supports the pecking order theory. In conclusion, it appears that credit rating has less effect on the so listed large Chinese companies than in other countries. Nevertheless, the perspective of assessing credit risk rating by relevant agencies is indubitably a recommended time dependent leverage determinant.

  11. Radiation effects and radiation risks

    International Nuclear Information System (INIS)

    Lengfelder, E.; Forst, D.; Feist, H.; Pratzel, H.

    1988-01-01

    The book presents the facts and the principles of assessment and evaluation of biological radiation effects in general and also with particular reference to the reactor accident of Chernobyl, reviewing the consequences and the environmental situation on the basis of current national and international literature, including research work by the authors. The material compiled in this book is intended especially for physicians, but will also prove useful for persons working in the public health services, in administration, or other services taking care of people. The authors tried to find an easily comprehensible way of presenting and explaining the very complex processes and mechanisms of biological radiation effects and carcinogenesis, displaying the physical primary processes and the mechanisms of the molecular radiation effects up to the effects of low-level radiation, and present results of comparative epidemiologic studies. This section has been given considerable space, in proportion to its significance. It also contains literature references for further reading, offering more insight and knowledge of aspects of special subject fields. The authors also present less known results and data and discuss them against the background of well-known research results and approaches. Apart from the purpose of presenting comprehensive information, the authors intend to give an impact for further thinking about the problems, and helpful tools for independent decisions and action on the basis of improved insight and assessment, and in this context particularly point to the problems induced by the Chernobyl reactor accident. (orig./MG) With 8 maps in appendix [de

  12. Roles of Governments in Multi-Actor Sustainable Supply Chain. Governance Systems and the effectiveness of their interventions. An exploratory study

    International Nuclear Information System (INIS)

    Vermeulen, W.; Uitenboogaart, Y.; Pesqueira, L.D.I.; Metselaar, J.; Kok, M.

    2010-11-01

    During the last decade, a growing number of market-based certification systems has been introduced for sustainable products consumed in the Netherlands and the EU but sourced through international supply chains. These systems, which cover agro-food products as well as non-food products, consist of requirements for products from developing countries with regard to environmental and social-ethical issues. These systems aim to improve production processes at the front end of the supply chain. These so called 'sustainable supply chain systems' have been initiated and are managed mainly by the market and civil society, without directly involving the government. This raises questions about the effectiveness, transparency, and legitimacy of such forms of self-regulation and about the most appropriate role for national government in relation to these emerging systems. This exploratory study analyses some of the earliest multi-actor sustainable supply chain governance systems in order to answer the key research questions: Which strategies and instruments do governments - national and supranational - apply in advancing sustainable production and consumption in global supply chains; and What is known about the effectiveness of these strategies and instruments? The study focuses on two supply chains with the longest history of addressing imports from developing countries (tropical timber and coffee). These two supply chains are compared with two supply chains that are gaining increasing attention: cocoa and tea. This study shows that the two most 'mature' global sustainable supply chains are market led in issuing voluntary certification and that buying certified products is starting to become mainstream and increasingly effective. The sustainable supply chains for tea and cacoa are more recent developments but may develop faster because of the lessons learnt in sustainable supply chains developed earlier.

  13. Roles of Governments in Multi-Actor Sustainable Supply Chain. Governance Systems and the effectiveness of their interventions. An exploratory study

    Energy Technology Data Exchange (ETDEWEB)

    Vermeulen, W.; Uitenboogaart, Y.; Pesqueira, L.D.I.; Metselaar, J. [Copernicus Institute for Sustainable Development and Innovation, Utrecht University, Utrecht (Netherlands); Kok, M. [Netherlands Environmental Assessment Agency PBL, Den Haag (Netherlands)

    2010-11-15

    During the last decade, a growing number of market-based certification systems has been introduced for sustainable products consumed in the Netherlands and the EU but sourced through international supply chains. These systems, which cover agro-food products as well as non-food products, consist of requirements for products from developing countries with regard to environmental and social-ethical issues. These systems aim to improve production processes at the front end of the supply chain. These so called 'sustainable supply chain systems' have been initiated and are managed mainly by the market and civil society, without directly involving the government. This raises questions about the effectiveness, transparency, and legitimacy of such forms of self-regulation and about the most appropriate role for national government in relation to these emerging systems. This exploratory study analyses some of the earliest multi-actor sustainable supply chain governance systems in order to answer the key research questions: Which strategies and instruments do governments - national and supranational - apply in advancing sustainable production and consumption in global supply chains; and What is known about the effectiveness of these strategies and instruments? The study focuses on two supply chains with the longest history of addressing imports from developing countries (tropical timber and coffee). These two supply chains are compared with two supply chains that are gaining increasing attention: cocoa and tea. This study shows that the two most 'mature' global sustainable supply chains are market led in issuing voluntary certification and that buying certified products is starting to become mainstream and increasingly effective. The sustainable supply chains for tea and cacoa are more recent developments but may develop faster because of the lessons learnt in sustainable supply chains developed earlier.

  14. The Influence of Local Governance: Effects on the Sustainability of Bioenergy Innovation

    Directory of Open Access Journals (Sweden)

    Bianca Cavicchi

    2017-03-01

    Full Text Available This paper deals with processes and outcomes of sustainable bioenergy development in Emilia Romagna. It draws on an on-going research project concerning inclusive innovation in forest-based bioenergy and biogas in Norway, Sweden, Finland and Italy. The goal is to explore how local governance impacts on inclusive innovation processes and triple bottom sustainability of bioenergy development in Emilia Romagna and, ultimately, to contribute to the debate on the bioeconomy. It thus compares the case of biogas and forest-based bioenergy production. The study adopts an analytical framework called Grounded Innovation (GRIP and the local governance approach. The study uses qualitative methods and particularly semi-structured interviews and governance analysis. The key results show different outcomes on both inclusive innovation and triple bottom-line dimensions. Biogas has not fostered inclusiveness and triple bottom line sustainability benefits, contrary to forest-based bioenergy. The findings indicate that the minor role of local actors, particularly municipalities, in favour of industrial and national interests may jeopardise the sustainability of biobased industries. Besides, policies limited to financial incentives may lead to a land-acquisition rush, unforeseen local environmental effects and exacerbate conflicts.

  15. Enhancing effectiveness of agriculture group in supporting government program to increase food security

    Science.gov (United States)

    Retnowati, Daru; Subarjo, A. H.

    2018-05-01

    Food Security is closely related to agriculture, including fisheries. Food is a basic necessity and indispensable to humans. Nowadays, there are many agricultural lands and fisheries are turning to settlements and offices. To overcome these obstacles, the government took the policy of forming farmer groups. Farmer groups are channeling the government assistance, whether capital, seeds, training, or technology and knowledge assistance. This research is qualitative. The population in this study were members of the fish farming group in Purwomartani, Kalasan, Sleman. The population in this study were 4 Farmers Group in Purwomartani, Kalasan, Sleman. The sample in this research is 1 farmer group with the largest number of members that is 31 people. For the other three groups of fish farmers the number of members is 20 people. The results show that farmer groups are effective in supporting government programs. The role of farmer groups is needed to support the successful management of agricultural land, improvement of knowledge and skills of fish farmers, renewal of agricultural technology and equipment, and marketing of agricultural products.

  16. Lack of integration governance in ERP development: a case study on causes and effects

    Science.gov (United States)

    Kähkönen, Tommi; Smolander, Kari; Maglyas, Andrey

    2017-09-01

    The development of an enterprise resource planning (ERP) system starts actually after it has been implemented and taken into use. It is necessary to integrate ERP with other business information systems inside and outside the company. With the grounded theory, we aim to understand how integration challenges emerged in a large manufacturing enterprise when the long-term ERP system reached the beginning of its retirement. Structural changes, an information technology governance model, lack of organisational vision, having no architectural descriptions, lack of collaboration, cost cutting, and organisational culture made integration governance troublesome. As a consequence, the enterprise suffered from several undesired effects, such as complex integration scenarios between internal systems, and failing to provide its customers the needed information. The reduction of costs strengthened the organisational silos further and led to unrealised business process improvements. We provide practitioners with four recommendations. First, the organisational goals for integration should be exposed. Second, when evaluating the needs and impacts of integration, a documented architectural description about the system landscape needs to be utilised. Third, the role of IT should be emphasised in development decision-making, and fourth, collaboration is the core ingredient for successful integration governance.

  17. The effects of government expenditure on economic growth: the case of Malaysia

    OpenAIRE

    Hasnul, Al Gifari

    2015-01-01

    The relationship between government expenditure and economic growth has been debated for decades and has not clearly stated yet. This paper gives a further evidence on the relationship between government expenditure and economic growth in the case of Malaysia. In this study, the government expenditure has been disaggregated in to the government operating and development expenditure. We also classified the government expenditure based on the sector of which it expensed. We used OLS technique t...

  18. Cost effectiveness of a government supported policy strategy to decrease sodium intake: global analysis across 183 nations

    Science.gov (United States)

    Webb, Michael; Fahimi, Saman; Singh, Gitanjali M; Khatibzadeh, Shahab; Micha, Renata; Powles, John

    2017-01-01

    Objective To quantify the cost effectiveness of a government policy combining targeted industry agreements and public education to reduce sodium intake in 183 countries worldwide. Design Global modeling study. Setting 183 countries. Population Full adult population in each country. Intervention A “soft regulation” national policy that combines targeted industry agreements, government monitoring, and public education to reduce population sodium intake, modeled on the recent successful UK program. To account for heterogeneity in efficacy across countries, a range of scenarios were evaluated, including 10%, 30%, 0.5 g/day, and 1.5 g/day sodium reductions achieved over 10 years. We characterized global sodium intakes, blood pressure levels, effects of sodium on blood pressure and of blood pressure on cardiovascular disease, and cardiovascular disease rates in 2010, each by age and sex, in 183 countries. Country specific costs of a sodium reduction policy were estimated using the World Health Organization Noncommunicable Disease Costing Tool. Country specific impacts on mortality and disability adjusted life years (DALYs) were modeled using comparative risk assessment. We only evaluated program costs, without incorporating potential healthcare savings from prevented events, to provide conservative estimates of cost effectiveness Main outcome measure Cost effectiveness ratio, evaluated as purchasing power parity adjusted international dollars (equivalent to the country specific purchasing power of US$) per DALY saved over 10 years. Results Worldwide, a 10% reduction in sodium consumption over 10 years within each country was projected to avert approximately 5.8 million DALYs/year related to cardiovascular diseases, at a population weighted mean cost of I$1.13 per capita over the 10 year intervention. The population weighted mean cost effectiveness ratio was approximately I$204/DALY. Across nine world regions, estimated cost effectiveness of sodium reduction

  19. Political environment in the effect of the regional government financial performance on disclosure of financial information on website

    Directory of Open Access Journals (Sweden)

    Yustina Hiola

    2016-07-01

    Full Text Available This study aims to analyze the effect of financial performance of local governments towards the disclosure compliance of financial information on the website, as well as the political environment as a moderating variable for the effect of the financial performance of local governments towards disclosure compliance of financial infor-mation on the website. The study was conducted at the local government in Sulawesi with the sample consisting of 53 governments. The data were analyzed by partial least square (PLS. The results showed that good financial performance of local governments can encourage disclosure compliance of financial information on the website. This study also found that the political environment cannot moderate the effect of the financial performance towards the disclosure compliance of financial information on the website. This is due to the people who are interested more in paper-based reporting. The implication of this study was to encourage related re-search as well as encouraging local governments to use website as a media for finan-cial information reporting. Gorontalo district government is local government, which has excellent financial performance with complete disclosure of financial information on the website.

  20. Spousal labor market effects from government health insurance: Evidence from a veterans affairs expansion.

    Science.gov (United States)

    Boyle, Melissa A; Lahey, Joanna N

    2016-01-01

    Measuring the total impact of health insurance receipt on household labor supply is important in an era of increased access to publicly provided and subsidized insurance. Although government expansion of health insurance to older workers leads to direct labor supply reductions for recipients, there may be spillover effects on the labor supply of uncovered spouses. While the most basic model predicts a decrease in overall household work hours, financial incentives such as credit constraints, target income levels, and the need for own health insurance suggest that spousal labor supply might increase. In contrast, complementarities of spousal leisure would predict a decrease in labor supply for both spouses. Utilizing a mid-1990s expansion of health insurance for U.S. veterans, we provide evidence on the effects of public insurance availability on the labor supply of spouses. Using data from the Current Population Survey and Health and Retirement Study, we employ a difference-in-differences strategy to compare the labor market behavior of the wives of older male veterans and non-veterans before and after the VA health benefits expansion. Although husbands' labor supply decreases, wives' labor supply increases, suggesting that financial incentives dominate complementarities of spousal leisure. This effect is strongest for wives with lower education levels and lower levels of household wealth and those who were not previously employed full-time. These findings have implications for government programs such as Medicare and Social Security and the Affordable Care Act. Copyright © 2015 Elsevier B.V. All rights reserved.

  1. Interest rate risk and other determinants of post WWII U.S. government debt/GDP dynamics

    OpenAIRE

    George J. Hall; Thomas J. Sargent

    2010-01-01

    This paper uses the sequence of government budget constraints to motivate estimates of interest payments on the U.S. Federal government debt. We explain why our estimates differ conceptually and quantitatively from those reported by the U.S. government. We use our estimates to account for contributions to the evolution of the debt to GDP ratio made by inflation, growth, and nominal returns paid on debts of different maturities.

  2. Governance or Governing – the Missing Link?

    Directory of Open Access Journals (Sweden)

    Luminiţa Maria Crăciun

    2010-07-01

    , of giving a sense of responsibility to the public and private sectors, of imposing, observing and materializing a real commitment for preventing and fighting corruption, the risk of which may be a threat to national security. Human governance creates a favorable environment for human development and elimination of poverty. If the preoccupations of the governance institutions are centered on the interests, needs, and fundamental rights of the population, progress may be achieved in the fight against poverty. If a country tries to apply economic policies in order to promote a beneficial increase to the poor ones, along with programs meant to help reach the targeted goals, the effects may be attenuated or annulled, when the governance institutions are ineffective or passive. The conclusion is that the governance is the missing link between the efforts of struggle against poverty and reaching the objective of poverty reduction.

  3. Plural Governance

    DEFF Research Database (Denmark)

    Mols, Niels Peter; Hansen, Jesper Rosenberg; Villadsen, Anders Ryom

    We suggest that both making and buying the same product or service has several effects on market performance. A model is developed and tested by use of 170 answers gathered from the Danish municipalities. The results support the hypotheses that both making and buying: (1) moderates the negative r...... on how the plurality is measured. The results indicate that internal production may facilitate effective governance of the relationships with suppliers. Implications for research on firm boundaries and for practice are also discussed....

  4. Effective and Efficient Training Programs in Jeddah Government Hospitals: A Case Study of Saudi Arabia

    Directory of Open Access Journals (Sweden)

    Hasan Salih Suliman Al-Qudah

    2016-10-01

    Full Text Available Hospital care broadly covers and encompasses complete range of personal health service like promotion of health service, prevention of disease, early detection of disease, diagnosis and treatment, rehabilitation of the patient. This study will try to identify the" Effective and Efficient Training Programs in Jeddah government hospitals: Case Study of Saudi Arabia”. The study will examine the demographic aspects of employees (Gender and experience and the value of what can deferent training programmes can have deep impact on their performance. The total study sample was 291 of identify employees, but 275 were suitable for statistical analysis, descriptive and analytical approach was also used to achieve the study objectives. The study major finding that there was a medium degree of effective and efficient training programs held’s in Jeddah public hospitals, also the study found that there are no statistically significant differences at  α ≤ 0.05 related to training of human resources. The study has recommended the need to improve employee’s skills in Jeddah government hospitals through actual employees participation at any training courses on a regular basis, also there is a need for continue training program for employee’s to qualify them at any future development in the deferent department of  the  hospital.

  5. Health effects of risk-assessment categories

    International Nuclear Information System (INIS)

    Kramer, C.F.; Rybicka, K.; Knutson, A.; Morris, S.C.

    1983-10-01

    Environmental and occupational health effects associated with exposures to various chemicals are a subject of increasing concern. One recently developed methodology for assessing the health impacts of various chemical compounds involves the classification of similar chemicals into risk-assessment categories (RACs). This report reviews documented human health effects for a broad range of pollutants, classified by RACs. It complements other studies that have estimated human health effects by RAC based on analysis and extrapolation of data from animal research

  6. Health effects of risk-assessment categories

    Energy Technology Data Exchange (ETDEWEB)

    Kramer, C.F.; Rybicka, K.; Knutson, A.; Morris, S.C.

    1983-10-01

    Environmental and occupational health effects associated with exposures to various chemicals are a subject of increasing concern. One recently developed methodology for assessing the health impacts of various chemical compounds involves the classification of similar chemicals into risk-assessment categories (RACs). This report reviews documented human health effects for a broad range of pollutants, classified by RACs. It complements other studies that have estimated human health effects by RAC based on analysis and extrapolation of data from animal research.

  7. Fraud in Rights and Contracts: A Review of Bankruptcy Case of Livent Inc. Based on Governance, Risk, and Compliance (GRC Framework

    Directory of Open Access Journals (Sweden)

    Samuel Anindyo Widhoyoko

    2017-05-01

    Full Text Available This research discussed the accounting scandal in the perspective of governance, risk, and compliance using Governance, Risk, and Compliance (GRC framework. Unlike other fraud’s framework, GRC framework combinedthree different aspects of business sustainability of reporting. The purpose of the research was to highlight early business fraud that usually initiated by the company in boosting up the revenue during the Initial public offering(IPO processes. When other research discussed the business’ fraud schemes through the document alteration, this research focused on a case showing how a business could make the wrong statement to the investors through real and lawful future contracts with unqualified audit opinion. Structurally, this research was done through the action research method in pointing out all the directors’ failures in their function to hold the fiduciary duty to exercise their responsibility. Based on the analysis with the accordance with the framework used, it is highlighted that directors in the aspect of (1 governance decisive, they fail to set proportional target, provide ethical value, and react positively to maintain the company sustainability; (2 compliance submissive, they do not submit the accounting standards through undisclosed third-party agreement, misrepresentation of revenue recognition, and mistreatment of expense omission; (3 risk preventive, they fail to assess the risk occurs from legal aspect of conflict of interest, long-term contractual and engagement risks, and insufficient future cash flow.

  8. Communicating radon risk effectively: Radon testing in Maryland. Final report

    International Nuclear Information System (INIS)

    Desvousges, W.H.; Smith, V.K.; Rink, H.H.

    1988-10-01

    Two sets of materials and corresponding delivery strategies for communicating radon risk were evaluated, compared with a 'no-special-treatment' strategy in a comparison community. One community received radio public-service announcements and utility bill inserts. The second received these plus posters, local government sponsorship of a radon awareness week, and local slide presentations. The most-intensive efforts (multiple channels, multiple hits) were more effective than the less intensive effort, which had little impact compared with no special treatment. From a marketing perspective, the effort was very successful, increasing the share of homeowners who tested for radon from 5% to 15%. This may not be viewed as sufficiently effective from a public-health perspective, however

  9. CORPORATE GOVERNANCE IN MALAYSIA: THE EFFECT OF CORPORATE REFORMS AND STATE BUSINESS RELATION IN MALAYSIA

    OpenAIRE

    Nor Azizah Zainal Abidin; Halimah @ Nasibah Ahmad

    2007-01-01

    The Asian Financial Crisis in 1997 not only introduced the term of corporate governance but also drew attention of the public about the weaknesses of Malaysian corporate governance practice. After 1998, Malaysian government decided to adopt corporate reform that could enhance the quality of good corporate management practice. Thisreform is clearly stated in the code and rules of corporate governance. The purpose of this research is to study the significance of implementing the code and rules ...

  10. The ratio of effective building height to street width governs dispersion of local vehicle emissions

    Science.gov (United States)

    Schulte, Nico; Tan, Si; Venkatram, Akula

    2015-07-01

    Analysis of data collected in street canyons located in Hanover, Germany and Los Angeles, USA, suggests that street-level concentrations of vehicle-related pollutants can be estimated with a model that assumes that vertical turbulent transport of emissions dominates the governing processes. The dispersion model relates surface concentrations to traffic flow rate, the effective aspect ratio of the street, and roof level turbulence. The dispersion model indicates that magnification of concentrations relative to those in the absence of buildings is most sensitive to the aspect ratio of the street, which is the ratio of the effective height of the buildings on the street to the width of the street. This result can be useful in the design of transit oriented developments that increase building density to reduce emissions from transportation.

  11. Effect of different parameters governing the stability of drift wave in a magnetised plasma

    International Nuclear Information System (INIS)

    Elashkar, F.F.

    1990-01-01

    Influence of the governing parameters, such as electron drift parallel speed, parallel wave length, electron-neutral and ion-neutral collision frequencies, electron temperature and magnetic field, on the stability of drift wave in a magnetized plasma has been studied experimentally and theoretically using a full numerical solution of the exact equation. Drift wave has been excited by a positively biased grid; at a threshold grid potential secondary excitation and ionisation processes take place in the ejected beam of plasma. Effect of the applied magnetic field on the probability of these processes is discussed. Grid positive potential, electron-neutral collision, parallel wave length, electron temperature and speed are found to be destabilizing, While ion neutral collision is stabilizing. Using a new parameter β, the effect of magnetic field is investigated and it is destabilizing only upto a certain limit. (author). 11 figs., 21 refs

  12. The Effects of Leadership Roles on E-Government Performance in Oman

    Science.gov (United States)

    Al-Bulushi, Yaqoob Dur Mohammed

    2017-01-01

    The Oman government developed a vision to transform the nation into a sustainable knowledge society by supporting information and communication technologies to improve government services (ITA, n.d.). According to a United Nations (2012) report, Oman ranks 64th worldwide in e-government readiness, the lowest compared to other countries in the…

  13. An assessment of the effects of local government organisation on air quality management practices

    Energy Technology Data Exchange (ETDEWEB)

    Beattie, C.I.; Ling, K.; Longhurst, J.W.S. [Univ. of the West of England, Faculty of Applied Sciences, Bristol (GB)] [and others

    1999-07-01

    During the last 15 years, local government in the UK has been undergoing a series of reorganisations, leaving a legacy of different organisational structures. In England, local government is essentially structured in two contrasting ways. In some areas a single all-purpose council is responsible for all local authority functions (unitary, metropolitan or London boroughs) with the remainder in a two tier system in which two separate councils divide responsibilities between district and county councils. The Local Air Quality Management (LAQM) process, the method of air pollution control currently underway in the UK, is led by central Government guidance. It is only required of local authorities 'to have regard to this guidance'. It is therefore expected that there will be considerable variation in the interpretation and approach taken, within the framework set out by the guidance. It is hypothesised that the different local government organisational structures will approach their LAQM activities in a variety of styles. Within all-purpose councils, communication should be easier than within two tier councils. By the same argument, the length of time these 'unitary' councils have been in place should also affect LAQM practices through communication routes. London boroughs and metropolitan boroughs have had responsibility for all functions within their area for well over 10 years. In contrast, unitary authorities have more recently taken over these extra roles (such as transport planning) and so effective and efficient internal communication routes may not yet be in place. 14 unitary authorities were created in 1992 and a further 32 have come into being in either 1997 or 1998. This paper investigates whether the organisational structure of a local authority does have a significant impact on LAQM practices. It concluded that single-tier authorities do appear to be further ahead in the LAQM process. However, it is unknown from the evidence presented

  14. Government Resource Subsidy and its Spillover Effects: Evidence from the Excessive Oil Consumption in China

    Directory of Open Access Journals (Sweden)

    Rattaphon Wuthisatian

    2014-05-01

    Full Text Available The paper aims at analyzing the consecutive consequences of government resource subsidies in a particular industry, which can lead to the excessive oil consumption by other sectors and end users. To fully illustrate the investigation, we use the subsidies in Chinese steel production as a case study and a beginning point to develop theoretical and empirical models to examine the spillover effects, going from steel industry to a rapidly increase of overall country’s oil consumption. The theoretical model applies the market equilibrium concept to demonstrate a relationship among three economic sectors; steel industry, automobile, and households. Particularly, the government subsidies in Chinese steel production will enable the steel firms to obtain resource inputs at the lower price, making the output price of steels cheaper than the market price. As steel is a required input in automobile industry, this cheaper price of steels will induce the automotive firms to increase their production capacity, producing more cars and selling them at the cheaper price, which eventually results in the excessive usage of oil and gasoline by individuals. Using the data during the period of 1980-2012, the empirical analysis involves OLS regression and cointegration test to approve the validity of the theoretical model, which emphasizes on the strong relationship between Chinese oil consumption and steel production.

  15. Effect of Changing Governance System: Result of Western Style Management Adoption to Japanese Culture of Ambiguity

    Directory of Open Access Journals (Sweden)

    Kohichiro Hotta

    2009-02-01

    Full Text Available This paper considers the difficulty of management style change through observation of the management style of Company-A, one of the biggest Japanese IT companies. Japanese economy grew after World War II until the early 1990's. During that era, Ba or SECI process worked in Japanese organizations very well. Further, there was an ambiguous culture in the background of such characteristics. Some kinds of ambiguity or adhocracy made positive effects for Japanese organizational activity, or ambiguity played an important role for Ba activity. There were nested Ba's in each organization with ambiguity. Ambiguous descriptions of roles for each organizational unit activated nested Ba's and generated hot groups. After the economic crisis, Company-A changed its governance and gave clear targets for each organizational unit and for each employee. This change gave new difficulty and diminishes its competence. The change denied the ambiguity in the organization but it was the basis of the competence. Adopting a new system of governance is not a simple activity. Systems must be adjusted to the culture of the organization. Company-A should study competitors in different cultures and adjust the methodology for its culture.

  16. Cost effectiveness of a government supported policy strategy to decrease sodium intake: global analysis across 183 nations.

    Science.gov (United States)

    Webb, Michael; Fahimi, Saman; Singh, Gitanjali M; Khatibzadeh, Shahab; Micha, Renata; Powles, John; Mozaffarian, Dariush

    2017-01-10

     To quantify the cost effectiveness of a government policy combining targeted industry agreements and public education to reduce sodium intake in 183 countries worldwide.  Global modeling study.  183 countries.  Full adult population in each country.  A "soft regulation" national policy that combines targeted industry agreements, government monitoring, and public education to reduce population sodium intake, modeled on the recent successful UK program. To account for heterogeneity in efficacy across countries, a range of scenarios were evaluated, including 10%, 30%, 0.5 g/day, and 1.5 g/day sodium reductions achieved over 10 years. We characterized global sodium intakes, blood pressure levels, effects of sodium on blood pressure and of blood pressure on cardiovascular disease, and cardiovascular disease rates in 2010, each by age and sex, in 183 countries. Country specific costs of a sodium reduction policy were estimated using the World Health Organization Noncommunicable Disease Costing Tool. Country specific impacts on mortality and disability adjusted life years (DALYs) were modeled using comparative risk assessment. We only evaluated program costs, without incorporating potential healthcare savings from prevented events, to provide conservative estimates of cost effectiveness MAIN OUTCOME MEASURE:  Cost effectiveness ratio, evaluated as purchasing power parity adjusted international dollars (equivalent to the country specific purchasing power of US$) per DALY saved over 10 years.  Worldwide, a 10% reduction in sodium consumption over 10 years within each country was projected to avert approximately 5.8 million DALYs/year related to cardiovascular diseases, at a population weighted mean cost of I$1.13 per capita over the 10 year intervention. The population weighted mean cost effectiveness ratio was approximately I$204/DALY. Across nine world regions, estimated cost effectiveness of sodium reduction was best in South Asia (I$116/DALY); across the world

  17. Climate Change Effects and Impacts Assessment. A guidance manual for Local Government in New Zealand

    International Nuclear Information System (INIS)

    Wratt, D.; Mullan, B.; Salinger, J.; Allan, S.; Morgan, T.; Kenny, G.

    2004-05-01

    Climate change is a real and internationally recognised outcome of increased amounts of greenhouse gases in the atmosphere. It will have effects over the next decades that are predictable with some level of certainty, but which will vary from place to place throughout New Zealand. The climate will also change from year to year and decade to decade due to natural processes. For example, some parts of the country often have dry summers and autumns when an El Nino climate pattern is present. Both natural fluctuations and human-induced climate changes need to be considered when developing adaptation plans and policies, rather than just 'greenhouse warming' effects on their own. Councils already address extreme weather events and climate variations as they develop plans and provide services. Climate change effects need also to be considered as part of these regulatory, assessment and planning activities. It is not necessary to develop a set of procedures for dealing separately with effects and impacts of climate change - they can be built into existing practices. Over time, climate change responses will involve iterative planning processes, keeping up-to-date with new information, monitoring changes, and reviewing the effectiveness of responses. The response to climate change involves international, national, regional, district and community consideration and action. The Guidance Manual aims to assist local government in working with its communities and making appropriate decisions.

  18. Effects of government incentives on wind innovation in the United States

    Science.gov (United States)

    Horner, Nathaniel; Azevedo, Inês; Hounshell, David

    2013-12-01

    In the United States, as elsewhere, state and federal governments have considered or implemented a range of policies to create more sustainable energy generation systems in response to concerns over climate change, security of fuel supply, and environmental impacts. These policies include both regulatory instruments such as renewable portfolio standards (RPSs) and market incentives such as tax credits. While these policies are primarily geared towards increasing renewable generation capacity, they can indirectly affect innovation in associated technologies through a ‘demand-pull’ dynamic. Other policies, such as public research and development (R&D) funding, directly incentivize innovation through ‘technology-push’ means. In this letter, we examine these effects on innovation in the United States wind energy industry. We estimate a set of econometric models relating a set of US federal and state policies to patenting activity in wind technologies over the period 1974-2009. We find that RPS policies have had significant positive effects on wind innovation, whereas tax-based incentives have not been particularly effective. We also find evidence that the effects of RPS incentives differ between states. Finally, we find that public R&D funding can be a significant driver of wind innovation, though its effect in the US has been modest.

  19. Effects of government incentives on wind innovation in the United States

    International Nuclear Information System (INIS)

    Horner, Nathaniel; Azevedo, Inês; Hounshell, David

    2013-01-01

    In the United States, as elsewhere, state and federal governments have considered or implemented a range of policies to create more sustainable energy generation systems in response to concerns over climate change, security of fuel supply, and environmental impacts. These policies include both regulatory instruments such as renewable portfolio standards (RPSs) and market incentives such as tax credits. While these policies are primarily geared towards increasing renewable generation capacity, they can indirectly affect innovation in associated technologies through a ‘demand-pull’ dynamic. Other policies, such as public research and development (R and D) funding, directly incentivize innovation through ‘technology-push’ means. In this letter, we examine these effects on innovation in the United States wind energy industry. We estimate a set of econometric models relating a set of US federal and state policies to patenting activity in wind technologies over the period 1974–2009. We find that RPS policies have had significant positive effects on wind innovation, whereas tax-based incentives have not been particularly effective. We also find evidence that the effects of RPS incentives differ between states. Finally, we find that public R and D funding can be a significant driver of wind innovation, though its effect in the US has been modest. (letter)

  20. 41 CFR 301-70.903 - What are our responsibilities for ensuring that Government aircraft are the most cost-effective...

    Science.gov (United States)

    2010-07-01

    ... responsibilities for ensuring that Government aircraft are the most cost-effective alternative for travel? 301-70... our responsibilities for ensuring that Government aircraft are the most cost-effective alternative for travel? To help ensure that Government aircraft are the most cost-effective alternative for travel, your...

  1. Effect of Corporate Governance Structure on the Financial Performance of Johannesburg Stock Exchange (JSE-Listed Mining Firms

    Directory of Open Access Journals (Sweden)

    Isaih Dzingai

    2017-06-01

    Full Text Available There have been many corporate collapses and financial crises in recent years linked to a lack of effective corporate governance. The South African King IV Code of Corporate Governance recommends that corporate governing bodies should be comprised of an appropriate balance of knowledge, diversity, and independence for discharging their duties objectively and more efficiently. This study examines the effect of corporate governance structures on firm financial performance. The secondary data of selected Johannesburg Stock Exchange (JSE, Socially Responsible Investment (SRI Index-listed mining firms’ sustainability reports, and integrated annual financial statements are used. Using panel data analysis of the random effects model, we determined the relationship between board independence and board size and the return on equity (ROE for the period 2010–2015. Results indicate a weak negative correlation between ROE and board size, and a weak, but positive, correlation between ROE and board independence. Additionally, there is a positive, but weak, correlation between ROE and sales growth, but a negative and weak relationship between ROE and firm size. The study suggests that effective corporate governance through a small effective board and monitoring by an independent board result in increased firm financial performance. We recommend that South African companies see compliance with the recommendations of the King IV Code on Corporate Governance not as a liability, but an ethical investment that may likely yield financial benefit in the long-term. Although complying with corporate governance principles does not necessarily translate into a significant economic benefit, firms should, however, continue to adopt corporate governance for ethical reasons to meet stakeholder’s social and environmental needs for sustainable development.

  2. The broken trailer fallacy: seeing the unseen effects of government policies in post-Katrina New Orleans

    OpenAIRE

    Stringham, Edward; Snow, Nicholas

    2008-01-01

    Purpose – The purpose of this paper is to analyze some of the unseen negative effects of the post-Katrina government policies dealing with housing in New Orleans. Design/methodology/approach – Since Hurricane Katrina, the government, along with private for profit and not-for-profit organizations, has worked to rebuild the city of New Orleans. This effort is most evident in the response to the housing crisis that followed the storm. The government has spent billions of dollars and brought ...

  3. The Effective Governance Gap in EU Counter-Terrorism and Stabilisation Policy for Somalia

    Directory of Open Access Journals (Sweden)

    EJ Hogendoorn

    2017-12-01

    Full Text Available For more than two decades, the EU and other donors have spent billions of euros to rebuild the Somali state and, more recently, to counter the rise of the violent Islamist group Al Shabaab. But Somalia remains a weak, if not “failed state”, and progress is nowhere near commensurate with international support. This is because donors failed to generate enough Somali political will to reform dysfunctional and corrupt administrations that undermine their programmes, as well as counter-terrorism and stabilisation goals. To be more effective, the EU needs to become more adept at understanding local political dynamics as well as better at employing carrots and sticks to nudge Somali leaders to support governance reform and better administration. Otherwise, its expensive technical assistance and training programmes may have only temporary and limited impact.

  4. EFFECTS OF THE NEW REGULATION AND CORPORATE GOVERNANCE OF THE AUDIT PROFESSION

    Directory of Open Access Journals (Sweden)

    Melinda Timea FÜLÖP

    2014-06-01

    Full Text Available Financial scandals of the last decade have had a negative effect upon the trust and perception of investors regarding auditor responsibility, firm performance and their part in fraud and error detection. The audit firms play an important role in the capital markets by verifying that auditors provide reliable information to the decision makers. The characteristic elements of the new economy require economic entities new performance standards that go beyond economics. These works’ aim is to explore the implication of the new regulation and corporate governance on the audit profession and audit quality. This study contributes to the literature as it provides a better understanding on how the auditor and audit firms react toward the additional requirements.

  5. The Chinese Government Scholarship Program: An Effective Form of Foreign Assistance?

    Science.gov (United States)

    Dong, Lili; Chapman, David W.

    2008-03-01

    This study investigates the effectiveness of Chinese international education assistance through an examination of student experience in the Chinese Government Scholarship Program, an important mechanism of Chinese foreign aid. Grounded in Pascarella's (1985) model of the impact of college on students, the study investigates participants' level of satisfaction with their higher education experience in China and their perception of the role of the scholarship program in promoting positive relationships between China and the scholarship students' home countries. Findings indicate that participants are generally satisfied with their experiences in China and are positive about the impact of the program in building friendships with their home countries. The authors discuss the implications of these findings in terms of China's emerging prominence as a provider of international development assistance.

  6. Can High-Tech Ventures Benefit from Government Guanxi and Business Guanxi? The Moderating Effects of Environmental Turbulence

    Directory of Open Access Journals (Sweden)

    Dejin Su

    2017-01-01

    Full Text Available The construct of guanxi has become an interesting topic for analyzing how to do business more effectively and successfully in China’s economic transition period. Drawing on the guanxi strategy theory, this study examines when government guanxi (guanxi with the government and its officials and business guanxi (guanxi with the business sectors matter to new venture performance under two typical turbulent environments (institutional turbulence and market turbulence. According to empirical results using original data from 146 new ventures in clusters driven by China’s local governments, both government guanxi and business guanxi were positively related to new venture performance, and market turbulence was an important contextual factor influencing performance benefits of guanxi. However, the results reveal no moderating effects of institutional turbulence on direct relationships. Furthermore, the study provides a better conceptual and empirical understanding of why market turbulence is a double-edged sword for performance implications of guanxi in the rapidly changing business environment.

  7. Transformative environmental governance

    Science.gov (United States)

    Chaffin, Brian C.; Garmestani, Ahjond S.; Gunderson, Lance H.; Harm Benson, Melinda; Angeler, David G.; Arnold, Craig Anthony (Tony); Cosens, Barbara; Kundis Craig, Robin; Ruhl, J.B.; Allen, Craig R.

    2016-01-01

    Transformative governance is an approach to environmental governance that has the capacity to respond to, manage, and trigger regime shifts in coupled social-ecological systems (SESs) at multiple scales. The goal of transformative governance is to actively shift degraded SESs to alternative, more desirable, or more functional regimes by altering the structures and processes that define the system. Transformative governance is rooted in ecological theories to explain cross-scale dynamics in complex systems, as well as social theories of change, innovation, and technological transformation. Similar to adaptive governance, transformative governance involves a broad set of governance components, but requires additional capacity to foster new social-ecological regimes including increased risk tolerance, significant systemic investment, and restructured economies and power relations. Transformative governance has the potential to actively respond to regime shifts triggered by climate change, and thus future research should focus on identifying system drivers and leading indicators associated with social-ecological thresholds.

  8. Constitutional Principles and E-Government: An Opinion about Possible Effects of Federalism and the Separation of Powers on E-Government Policies.

    Science.gov (United States)

    Jaeger, Paul T.

    2002-01-01

    Examines how Constitutional principles, specifically the doctrines of Federalism and the separation of powers, relate to e-government policies and practices. Suggests that the move toward e-government, with emphasis on the simplification of access to government information and services, must be considered with regard to Federalism and separation…

  9. The effects of oil shocks on government expenditures and government revenues nexus in Iran (as a developing oil-export based economy)

    NARCIS (Netherlands)

    S.F. Dizaji (Sajjad Faraji)

    2012-01-01

    textabstractThe main purpose of this study is to investigate the dynamic relationship between government revenues and government expenditures in Iran as a developing oil export based economy. Moreover, I want to know how government expenditures and revenues respond to oil price (revenue) shocks. I

  10. Healthy people and healthy profits? Elaborating a conceptual framework for governing the commercial determinants of non-communicable diseases and identifying options for reducing risk exposure.

    Science.gov (United States)

    Buse, Kent; Tanaka, Sonja; Hawkes, Sarah

    2017-06-15

    Non-communicable diseases (NCDs) represent a significant threat to human health and well-being, and carry significant implications for economic development and health care and other costs for governments and business, families and individuals. Risks for many of the major NCDs are associated with the production, marketing and consumption of commercially produced food and drink, particularly those containing sugar, salt and transfats (in ultra-processed products), alcohol and tobacco. The problems inherent in primary prevention of NCDs have received relatively little attention from international organizations, national governments and civil society, especially when compared to the attention paid to secondary and tertiary prevention regimes (i.e. those focused on provision of medical treatment and long-term clinical management). This may in part reflect that until recently the NCDs have not been deemed a priority on the overall global health agenda. Low political priority may also be due in part to the complexity inherent in implementing feasible and acceptable interventions, such as increased taxation or regulation of access, particularly given the need to coordinate action beyond the health sector. More fundamentally, governing determinants of risk frequently brings public health into conflict with the interests of profit-driven food, beverage, alcohol and tobacco industries. We use a conceptual framework to review three models of governance of NCD risk: self-regulation by industry; hybrid models of public-private engagement; and public sector regulation. We analyse the challenges inherent in each model, and review what is known (or not) about their impact on NCD outcomes. While piecemeal efforts have been established, we argue that mechanisms to control the commercial determinants of NCDs are inadequate and efforts at remedial action too limited. Our paper sets out an agenda to strengthen each of the three governance models. We identify reforms that will be needed

  11. Did Government Intervention on Firm’s Employment Policies Have an Effect on the Employment of Elderly Workers?

    OpenAIRE

    Nishimura, Yoshinori

    2016-01-01

    This paper analyzes whether government intervention on firms’ employment policies have an effect on the employment of the elderly. As a result of the pensionable age increasing in Japan, this policy makes a di↵erence between the mandatory retirement age and the pensionable age. The Japanese government has obliged firms to employ elderly workers until they reach the pensionable age. According to literature, the labor force participation rate of elderly male workers increased after the implemen...

  12. "Optimal Financing by Money and Taxes of Productive and Unproductive Government Spending: Effects on Economic Growth, Inflation, and Welfare"

    OpenAIRE

    David Alan Aschauer

    1998-01-01

    This paper contains an investigation of the effects of different means of financing government spending on economic growth, inflation, and welfare. In this setting, two different types of government spending are considered: productive expenditures which provide services to the private sector in its production activities; and unproductive expenditures which have no direct influence on the private economy. In turn, two different forms of finance are considered: proportional income taxation; and...

  13. Information security knowledge sharing in organizations : Investigating the effect of behavioral information security governance and national culture

    OpenAIRE

    Rocha Flores, Waldo; Antonsen, Egil; Ekstedt, Mathias

    2014-01-01

    This paper presents an empirical investigation on what behavioral information security governance factors drives the establishment of information security knowledge sharing in organizations. Data was collected from organizations located in different geographic regions of the world, and the amount of data collected from two countries – namely, USA and Sweden – allowed us to investigate if the effect of behavioral information security governance factors on the establishment of security knowledg...

  14. Governance Mechanisms in Information Technology Outsourcing

    Science.gov (United States)

    Ravindran, Kiron

    2010-01-01

    While the dominance of Information Technology Outsourcing (ITO) as a sourcing strategy would seem to indicate successful and well-informed practice, frequent examples of unraveled engagements highlight the associated risks. Successful instances of outsourcing suggest that governance mechanisms effectively manage the related risks. This…

  15. THE EFFECT OF GOVERNMENT EXPENDITURE ON INFRASTRUCTURE ON THE GROWTH OF THE NIGERIAN ECONOMY, 1977-2009

    Directory of Open Access Journals (Sweden)

    Mary Modupe Fasoranti

    2012-01-01

    Full Text Available The paper examined the effects of government expenditures on infrastructure on the growth of the Nigerian economy. The data sourced majorly from the various issues of Central Bank statistical bulletin was analyzed with the aid of econometric methods. Data collected included government expenditures on education, environment and housing, health services, transport and communication, agriculture, security, inflation rate and gross domestic product. Data treatment methods used was the unit root test, co-integration and vector error correction estimation. Simple multiple regression model was used to obtain the results used for the analysis. Results showed a long run relationship between the growth of the economy and government expenditures in education, environment and housing, health services, water resources, inflation rate, agriculture, security, transport and communication. The paper observed that government expenditures on health services, transport and communication imparted negatively on growth while expenditures in agriculture and security were not significant in the growth of the economy. To increase the growth rate of the economy, the government must adopt stringent controls on its expenditures on infrastructure so as to reduce fraud, fund diversion and mismanagement. Moreover, monitoring and evaluation of government spending must be given top priority. This will help to ensure that the targets of government spending are reached.

  16. Effects of Housing Costs and Home Sales on Local Government Revenues and Services

    OpenAIRE

    Allee, David J.

    1991-01-01

    The subtitle of this paper should be " How recession and federal devolution have caused local governments to cut services and raise property taxes --now, what should be done in response to the resulting clamor for local government consolidation?" Housing drives local government services. Home sales represent opportunities for more income and more costs. Intergovernmental competition for tax base and the role of state and federal aid to provide equity between jurisdictions are central to the q...

  17. Non-state global environmental governance : the emergence and effectiveness of forest and fisheries certification schemes

    OpenAIRE

    Gulbrandsen, Lars H.

    2009-01-01

    There is growing scholarly interest in the role and function of non-state actors in global governance. A number of non-state governance schemes have been created in recent years to set environmental and social standards for the certification of private companies and producers. This thesis focuses on certification schemes in the forestry and fisheries sectors, as initiatives in these two sectors arguably represent the most advanced cases of non-state rulemaking and governance in the environmen...

  18. Effects of changes along the risk chain on flood risk

    Science.gov (United States)

    Duha Metin, Ayse; Apel, Heiko; Viet Dung, Nguyen; Guse, Björn; Kreibich, Heidi; Schröter, Kai; Vorogushyn, Sergiy; Merz, Bruno

    2017-04-01

    Interactions of hydrological and socio-economic factors shape flood disaster risk. For this reason, assessment of flood risk ideally takes into account the whole flood risk chain from atmospheric processes, through the catchment and river system processes to the damage mechanisms in the affected areas. Since very different processes at various scales are interacting along the flood risk, the impact of the single components is rather unclear. However for flood risk management, it is required to know the controlling factor of flood damages. The present study, using the flood-prone Mulde catchment in Germany, discusses the sensitivity of flood risk to disturbances along the risk chain: How do disturbances propagate through the risk chain? How do different disturbances combine or conflict and affect flood risk? In this sensitivity analysis, the five components of the flood risk change are included. These are climate, catchment, river system, exposure and vulnerability. A model framework representing the complete risk chain is combined with observational data to understand how the sensitivities evolve along the risk chain by considering three plausible change scenarios for each of five components. The flood risk is calculated by using the Regional Flood Model (RFM) which is based on a continuous simulation approach, including rainfall-runoff, 1D river network, 2D hinterland inundation and damage estimation models. The sensitivity analysis covers more than 240 scenarios with different combinations of the five components. It is investigated how changes in different components affect risk indicators, such as the risk curve and expected annual damage (EAD). In conclusion, it seems that changes in exposure and vulnerability seem to outweigh changes in hazard.

  19. Understanding Risk Tolerance and Building an Effective Safety Culture

    Science.gov (United States)

    Loyd, David

    2018-01-01

    Estimates range from 65-90 percent of catastrophic mishaps are due to human error. NASA's human factors-related mishaps causes are estimated at approximately 75 percent. As much as we'd like to error-proof our work environment, even the most automated and complex technical endeavors require human interaction... and are vulnerable to human frailty. Industry and government are focusing not only on human factors integration into hazardous work environments, but also looking for practical approaches to cultivating a strong Safety Culture that diminishes risk. Industry and government organizations have recognized the value of monitoring leading indicators to identify potential risk vulnerabilities. NASA has adapted this approach to assess risk controls associated with hazardous, critical, and complex facilities. NASA's facility risk assessments integrate commercial loss control, OSHA (Occupational Safety and Health Administration) Process Safety, API (American Petroleum Institute) Performance Indicator Standard, and NASA Operational Readiness Inspection concepts to identify risk control vulnerabilities.

  20. LNTgate: How scientific misconduct by the U.S. NAS led to governments adopting LNT for cancer risk assessment

    Energy Technology Data Exchange (ETDEWEB)

    Calabrese, Edward J., E-mail: edwardc@schoolph.umass.edu

    2016-07-15

    This paper provides a detailed rebuttal to the letter of Beyea (2016) which offered a series of alternative interpretations to those offered in my article in Environmental Research (Calabrese, 2015a) concerning the role of the U.S. National Academy of Sciences (NAS) Biological Effects of Atomic Radiation (BEAR) I Committee Genetics Panel in the adoption of the linear dose response model for cancer risk assessment. Significant newly uncovered evidence is presented which supports and extends the findings of Calabrese (2015a), reaffirming the conclusion that the Genetics Panel should be evaluated for scientific misconduct for deliberate misrepresentation of the research record in order to enhance an ideological agenda. This critique documents numerous factual errors along with extensive and deliberate filtering of information in the Beyea letter (2016) that leads to consistently incorrect conclusions and an invalid general perspective.

  1. LNTgate: How scientific misconduct by the U.S. NAS led to governments adopting LNT for cancer risk assessment

    International Nuclear Information System (INIS)

    Calabrese, Edward J.

    2016-01-01

    This paper provides a detailed rebuttal to the letter of Beyea (2016) which offered a series of alternative interpretations to those offered in my article in Environmental Research (Calabrese, 2015a) concerning the role of the U.S. National Academy of Sciences (NAS) Biological Effects of Atomic Radiation (BEAR) I Committee Genetics Panel in the adoption of the linear dose response model for cancer risk assessment. Significant newly uncovered evidence is presented which supports and extends the findings of Calabrese (2015a), reaffirming the conclusion that the Genetics Panel should be evaluated for scientific misconduct for deliberate misrepresentation of the research record in order to enhance an ideological agenda. This critique documents numerous factual errors along with extensive and deliberate filtering of information in the Beyea letter (2016) that leads to consistently incorrect conclusions and an invalid general perspective.

  2. Effects of economic interactions on credit risk

    International Nuclear Information System (INIS)

    Hatchett, J P L; Kuehn, R

    2006-01-01

    We study a credit-risk model which captures effects of economic interactions on a firm's default probability. Economic interactions are represented as a functionally defined graph, and the existence of both cooperative and competitive business relations is taken into account. We provide an analytic solution of the model in a limit where the number of business relations of each company is large, but the overall fraction of the economy with which a given company interacts may be small. While the effects of economic interactions are relatively weak in typical (most probable) scenarios, they are pronounced in situations of economic stress, and thus lead to a substantial fattening of the tails of loss distributions in large loan portfolios. This manifests itself in a pronounced enhancement of the value at risk computed for interacting economies in comparison with their non-interacting counterparts

  3. Audit Methodology for IT Governance

    Directory of Open Access Journals (Sweden)

    Mirela GHEORGHE

    2010-01-01

    Full Text Available The continuous development of the new IT technologies was followed up by a rapid integration of them at the organization level. The management of the organizations face a new challenge: structural redefinition of the IT component in order to create plus value and to minimize IT risks through an efficient management of all IT resources of the organization. These changes have had a great impact on the governance of the IT component. The paper proposes an audit methodology of the IT Governance at the organization level. From this point of view the developed audit strategy is a strategy based on risks to enable IT auditor to study from the best angle efficiency and effectiveness of the IT Governance structure. The evaluation of the risks associated with IT Governance is a key process in planning the audit mission which will allow the identification of the segments with increased risks. With now ambition for completeness, the proposed methodology provides the auditor a useful tool in the accomplishment of his mission.

  4. Radiation effects, nuclear energy and comparative risks

    International Nuclear Information System (INIS)

    Gopinath, D.V.

    2007-01-01

    Nuclear energy had a promising start as an unlimited, inexpensive and environmentally benign source of energy for electricity generation. However, over the decades its growth was severely retarded due to concerns about its possible detrimental effects on the well-being of mankind and the environment. Since such concerns are essentially due to the gigantic magnitude of radioactivity and ionizing radiations associated with nuclear energy, this article starts with a comprehensive account of effects of the ionizing radiation on living systems. Quantitative description of types of radiation exposure and their varied effects is given. The origin, type and magnitude of mutagenic effects of radiation are described. The concept of radiation risk factors, basis for their evaluation and their currently accepted values are presented. With this background, origin and magnitude of radioactivity and associated ionizing radiations in nuclear reactors are presented and the elaborate measures to contain them are described. It is recognized that notwithstanding all the measures taken in the nuclear industry, certain amount of radiation exposure, however small, is inevitable and the values, based on the experience world over, are presented. Estimated health risk due to such exposures is evaluated. For a comparative analysis, risks in other options of electricity generation such as hydel and fossil-fuelled plants are described. It is seen that on an overall basis, the nuclear option is no more risky than the other commonly employed options, and is in fact, significantly less. Lastly, since every option of electricity generation entails some risk, the case of 'no addition of electricity, and its impact on the society are considered. Based on the analysis of extensive data provided by UNDP on the human development parameters for different countries in the world, it is shown that at least for developing countries, any option of addition of electricity would be far more desirable than the

  5. Corporate and supply chain network governance of third party logistics service providers: Effects on buyers’ intention to continue the relationship

    Directory of Open Access Journals (Sweden)

    Salih Börteçine Avci

    2017-06-01

    Full Text Available This study focuses on the impact of corporate governance, supply chain network governance and competencies such as sales and logistics competence on buyers’ intention to relationship continuity. A total number of 258 questionnaires were distributed to Turkish manufacturing firms, selected using cross-sectional sampling method from the Istanbul and Edirne Chamber of Commerce and Industry in Turkey. The data of survey was analysed using PLS-SEM model with WARP PLS 5.0 software. Our findings indicate that corporate governance and supply chain network governance seem to have a positive effect on sales competence and logistics competence, and together, they influence buyers’ intention to relationship continuity. In this respect, the outcomes of this study may provide valuable insights for the third-party logistics (3PL literature in terms of buyers’ intention to relationship continuity.

  6. A Preliminary Evaluation of Instructional Effectiveness of Online Training Implemented at a Government Agency in Thailand

    Science.gov (United States)

    Supanakorn-Davila, Supawan; Bolliger, Doris U.

    2012-01-01

    Online training has become popular in the professional development of government employees in Thailand. One large government agency developed an online program to provide training to its employees across the country using two systems: an Internet and Intranet-based system. With the new program implemented, the evaluation of the instructional…

  7. The governance of adaptation: choices, reasons, and effects. Introduction to the Special Feature

    NARCIS (Netherlands)

    Huitema, D.; Adger, W.N.; Berkhout, F.G.H.; Massey, E.E.; Mazmanian, D.; Munaretto, S.; Plummer, R.; Termeer, C.C.J.A.M.

    2016-01-01

    The governance of climate adaptation involves the collective efforts of multiple societal actors to address problems, or to reap the benefits, associated with impacts of climate change. Governing involves the creation of institutions, rules and organizations, and the selection of normative

  8. Corporate governance and its effect on the liquidity of a stock

    DEFF Research Database (Denmark)

    Farooq, Omar; Seffar, Mohammed

    2012-01-01

    concentration, and having big-four auditors as external auditors lead to higher liquidity. All of these factors are considered to be the proxies of better corporate governance mechanisms. We argue that better corporate governance mechanisms lower the extent of adverse selection problems and therefore lead...

  9. Interactive governance

    DEFF Research Database (Denmark)

    Sørensen, Eva; Torfing, Jacob; Peters, B. Guy

    Governance has become one of the most commonly used concepts in contemporary political science. It is, however, often used to mean a variety of different things. This book helps to clarify this conceptual muddle by concentrating on one variety of governance-interactive governance. The authors argue...... that although the state may remain important for many aspects of governing, interactions between state and society represent an important, and perhaps increasingly important, dimension of governance. These interactions may be with social actors such as networks, with market actors or with other governments......, but all these forms represent means of governing involving mixtures of state action with the actions of other entities.This book explores thoroughly this meaning of governance, and links it to broader questions of governance. In the process of explicating this dimension of governance the authors also...

  10. The effects of the nuclear disaster at Fukushima Daiichi Nuclear Power Station on local governments

    International Nuclear Information System (INIS)

    Nakamura, Makoto; Dake, Kinji

    2012-01-01

    All Japan council of local governments with atomic power stations consisted of 24 reactor site and 6 neighboring local governments to solve reactor site related problems. Nuclear disaster at Fukushima Daiichi Nuclear Power Station affected member local governments to be forced in severe conditions such as 'removal of administrative function' or 'refuge over a wide district beyond local government area', not imagined before. The council set up working group for thirteen local governments themselves to investigate this disaster and find safety and prevention of disaster measures to be deployed in nuclear administration, which published report in March 2012. This article described outline of investigation and derived problems and direction of their solution. Main items were related with communication, resident evacuation, prevention of disaster system, and management of refuge site. (T. Tanaka)

  11. Caries risk assessment among 12-13 year old school-going children of government and private schools of Tirupur district, Tamil Nadu.

    Science.gov (United States)

    Mitha, Madhu M; Nijesh, J E; Chaly, Preetha Elizabeth; Priyadharshini, Indra; Junaid, Mohammed; Vaishnavi, S

    2016-01-01

    Dental caries is as ancient as humankind and has the longest association with the dental profession, an association that is punctuated with agony and ecstasy. The agonizing fact is that despite several efforts toward total eradication, this disease is still prevalent. Nevertheless, an ecstatic success of the profession is the global decline in the incidence compared to the yesteryears' epidemics. Hence, predicting dental caries earlier is a boon. One such model to predict is cariogram developed by Bratthall in 1996. The aim of this study was to assess the caries risk among 12-13 year old school-going children of government and private schools of Tirupur district in Tamil Nadu using cariogram computer model. A cross-sectional survey was carried out among 136 study subjects of 12-13 year of age, who fulfilled the inclusion and exclusion criteria. Data were collected using a predesigned questionnaire and scored according to a standardized protocol. The Chi-square test was used to find differences between caries-related factors and cariogram group. The correlation was acquired using Spearman's correlation. Government school study subjects had 56% of chance of avoiding caries whereas the private school study subjects had 66% of chance of avoiding caries in future and the differences were statistically significant (P = 0.001). A negative correlation was observed between the chance to avoid dental caries and cariogram sectors. The majority of the study subjects from government school belonged to medium-risk category and private school subjects belonged to low-risk category which inferred that private school students have high chance to avoid dental caries compared to government study subjects.

  12. Determinants of efficiency in reducing child mortality in developing countries. The role of inequality and government effectiveness.

    Science.gov (United States)

    Ortega, Bienvenido; Sanjuán, Jesús; Casquero, Antonio

    2017-12-01

    The main aim of this article was to analyze the relationship of income inequality and government effectiveness with differences in efficiency in the use of health inputs to improve the under-five survival rate (U5SR) in developing countries. Robust Data Envelopment Analysis (DEA) and regression analysis were conducted using data for 47 developing countries for the periods 2000-2004, 2005-2009, and 2010-2012. The estimations show that countries with a more equal income distribution and better government effectiveness (i.e. a more competent bureaucracy and good quality public service delivery) may need fewer health inputs to achieve a specific level of the U5SR than other countries with higher inequality and worse government effectiveness.

  13. THE EFFECT OF CORPORATE GOVERNANCE DISCLOSURE ON INVESTOR REACTIONS WITH PROFITABILITY AS MODERATING VARIABLE

    Directory of Open Access Journals (Sweden)

    Hariadi K.L.

    2017-08-01

    Full Text Available The aim of this research is to understand how Corporate Governance affects investor’s reaction in capital market by profitability as a moderating variable. This research uses secondary data obtained from Indonesian Stock Exchange. Investor’s reaction is measured by Cumulative Abnormal Return, which happened around the time of annual report publication. Corporate Governance are measured by Institutional ownership, ownership by board of commissioner, audite commite, and independent commissioner. Profitability as moderating variabel is measured by Return on Asset. This research was done to 25 companies which were listed in Indeks LQ 45 in Indonesian Stock Exchange during 2015-2016. Data analysis techniques used in this research are regresion analysis and moderated regresion analysis (MRA. The result shows that corporate governance (Institutional ownership, ownership by board of commissioner, audite commite, and independent commissioner negatively affect Cumulative Abnormal Return. Profitability as a moderating variable was able to explain the relationship of corporate governance (ownership by board of commissioner and audite commite affect significantly to Cumulative Abnormal Return partially. Corporate governance does not have any impact to Cumulative Abnormal Return value, because of the implementation of corporate governance in Indonesia is not provide optimum results mean while in the process of considering corporate governance practices take time to know the benefits.

  14. Effective Communication as Catalyst of Developmental Local Government and Rural Development amid Threats of Overpopulation

    OpenAIRE

    Naledzani Rasila; John Mudau

    2012-01-01

    South Africa’s population has risen from 40.5 million in 1996  to 44.8 million in 2001 and to 51.77 in 2011. Africans are in majority making 79.2% of the whole population. About 22.3% of blacks have received no schooling with the unemployment rate of the blacks at 28.1%. Most of these unemployed and uneducated blacks are found in rural areas. This compelled government to introduce Developmental Local government. Developmental Local government refers to the layer of public service that has the...

  15. What Do Numbers Do in Transnational Governance?

    DEFF Research Database (Denmark)

    Krause Hansen, Hans; Porter, Tony

    2012-01-01

    processes. Numbers have properties that differ from words, and shifts from one to the other in governance, for instance in the displacement of laws or norms with risk models or rankings based on numbers, have particular effects, including political effects on states, firms, individuals, and other actors......This study examines how numbers in transnational governance constitute actors, objects, and relationships, including relationships of power. We review the existing literatures on numbers for insights relevant to their role in transnational governance, including the ontology of numbers, the history...

  16. Effects of Governance on Availability of Land for Agriculture and Conservation in Brazil.

    Science.gov (United States)

    Sparovek, Gerd; Barretto, Alberto Giaroli de Oliveira Pereira; Matsumoto, Marcelo; Berndes, Göran

    2015-09-01

    The 2012 revision of the Brazilian Forest Act changed the relative importance of private and public governance for nature conservation and agricultural production. We present a spatially explicit land-use model for Brazilian agricultural production and nature conservation that considers the spatial distribution of agricultural land suitability, technological and management options, legal command, and control frameworks including the Atlantic Forest Law, the revised Forest Act, and the Amazonian land-titling, "Terra Legal," and also market-driven land use regulations. The model is used to analyze land use allocation under three scenarios with varying priorities among agricultural production and environmental protection objectives. In all scenarios, the legal command and control frameworks were the most important determinants of conservation outcomes, protecting at least 80% of the existing natural vegetation. Situations where such frameworks are not expected to be effective can be identified and targeted for additional conservation (beyond legal requirements) through voluntary actions or self-regulation in response to markets. All scenarios allow for a substantial increase in crop production, using an area 1.5-2.7 times the current cropland area, with much of new cropland occurring on current pastureland. Current public arrangements that promote conservation can, in conjunction with voluntary schemes on private lands where conversion to agriculture is favored, provide important additional nature conservation without conflicting with national agricultural production objectives.

  17. Assessing the effect of demographic factors on conflict situations in Ghana government hospitals

    OpenAIRE

    Dwomoh, Gabriel; Kwarteng, Kofi; Frempong, Evelyn; Frempong, Regina Anima

    2014-01-01

       The   study   seeks   to   examine   the   influence   of   demographic   factors   on   conflict   in  Ghana  government  hospitals.    It  adopted  the  quantitative  approach  which  involves  the  use  of  questionnaires  and  interviews  coupled  with  statistical  analysis  to  assess  the   effect   of   demographic   factors   (age,   educational   level,   gender   and   number   of  years  on  the  job  of  employees)  and  conflict  occurrences  at  the  workplace.    The  use  ...

  18. The governance of nuclear safety - Quotes and questions. National debate on energy transition. Taking the risk of nuclear accident into account. Note to the CNDTE 'Governance' group

    International Nuclear Information System (INIS)

    Laponche, Bernard

    2013-01-01

    After an overview of electricity production from nuclear energy and of its risks, this report first describes the responsibilities in the field of nuclear safety: main responsibilities, role of the ASN and IRSN, responsibility of the government and role of the Parliament. In the second part, the author identifies and discusses examples of inadequacies in the definition of responsibilities in different respects: practice of responsibility of control of nuclear safety, ambiguity about the transfer of responsibilities in a situation of emergency, management of modifications in basic nuclear installations, extension of the operation duration of nuclear power plants, operation duration and decennial inspections, shutdown and definitive shutdown of an electronuclear reactor. In the final part, the author makes some propositions and recommendations regarding the responsibility of political authorities, independence, transparency and democracy

  19. Electronic Government: Challenges to Effective Adoption of the Extensible Markup Language

    National Research Council Canada - National Science Library

    2002-01-01

    ...) technology and the challenges the federal government faces in implementing it. XML is a flexible, nonproprietary set of standards designed to facilitate the exchange of information among disparate computer systems, using the Internet's protocols...

  20. CORPORATE GOVERNANCE IN MALAYSIA: THE EFFECT OF CORPORATE REFORMS AND STATE BUSINESS RELATION IN MALAYSIA

    Directory of Open Access Journals (Sweden)

    Nor Azizah Zainal Abidin

    2007-01-01

    Full Text Available The Asian Financial Crisis in 1997 not only introduced the term of corporate governance but also drew attention of the public about the weaknesses of Malaysian corporate governance practice. After 1998, Malaysian government decided to adopt corporate reform that could enhance the quality of good corporate management practice. Thisreform is clearly stated in the code and rules of corporate governance. The purpose of this research is to study the significance of implementing the code and rules of corporategovernance since the public already realize the close relationship between business and politics. Three companies were chosen as indicators for this study. As a result, it was found that companies which are involved in corporate malpractice but have goodrelationship with states will always be excluded from the legal corporate action.

  1. Practice and effectiveness of internal corporate governance mechanisms in Saudi Arabia Stock Market: A review of empirical evidence

    Directory of Open Access Journals (Sweden)

    Marai Awidat

    2017-01-01

    Full Text Available The aim of this paper is to shed light on the Saudi corporate governance code, its practices and effectiveness. To do so, the paper conducted a detailed review of the articles of the code related to internal corporate governance mechanisms and the previous studies regarding its effectiveness in Saudi stock market context. The main finding is that the provisions of Saudi corporate governance code are adequate. Annual reports (2009-2014 show an increase in the level of the compliance by listed companies, indicating that the code is achieving its aims. However, the empirical evidence seems to suggest that the code has an insignificant impact on company's performance and mitigating earnings management. The main reasons behind that are the following: the code is still in its early stages, there is weak legal enforcement, and there are also some social, cultural, and economic factors. Therefore, the code needs more time for good practice and improvement to achieve its purposes.

  2. Effect of welfare and economic performance on good governance outcomes in Pakistan

    OpenAIRE

    MAMMON, Dawood; RABBANI, Huma

    2017-01-01

    Abstract. The paper undertakes a detailed analysis of economic progress and welfare measures in determining good governance outcomes in Pakistan. There is evidence that inequality stifles the capacity of political, economic and social governance by creating an elite class that protect their economic and political interests and undertake legislation primarily to the benefit of ruling elites. Furthermore our results also suggest that economic development empower the economically and socially ex...

  3. The effects of government bond purchases on leverage constraints of banks and non-financial firms

    OpenAIRE

    Kühl, Michael

    2016-01-01

    This paper investigates how government bond purchases affect leverage-constrained banks and non-financial firms by utilising a stochastic general equilibrium model. My results indicate that government bond purchases not only reduce non-financial firms' borrowing costs, amplified through a reduction in expected defaults, but also lower banks' profit margins. In an economy in which loans priced at par dominate in banks' balance sheets - as a reflection of the euro area's structure - the leverag...

  4. isk governance: Experience of Islamic banks

    OpenAIRE

    Siti Rohaya Mat Rahim; Fauziah Mahat

    2015-01-01

    Risk governance has evolved tremendously in the banking industry. Risk governance recommends the imperative roles of Chief Risk Officer (CRO) to oversee risk. This study explores risk governance influence over the Islamic banks performances. Multivariate analysis techniques measure simultaneously via Structural Equation Modelling (SEM). This study employed cross-sectional sample of 200 Islamic banks across 21 countries for the year 2014. To examine risk governance and Islamic banks performanc...

  5. PRACTICE OF GOOD GOVERNANCE AND CORPORATE GOVERNANCE

    Directory of Open Access Journals (Sweden)

    Bălăceanu Cristina

    2010-12-01

    Full Text Available Corporate governance reforms are occurring in countries around the globe and potentially impacting the population of the entire planet. In developing countries, such reforms occur in a larger context that is primarily defined by previous attempts at promoting “development” and recent processes of economic globalization. In this context, corporate governance reforms (in combination with the liberalising reforms associated with economic globalization, in effect represent a new development strategy for third world countries. The most basic questions that arise with respect to this situation are what the prospects for this new development model are and whether alternatives should be considered. Keywords: governance, corporate governance, economic globalization, development.

  6. The climate mitigation gap: education and government recommendations miss the most effective individual actions

    Science.gov (United States)

    Wynes, Seth; Nicholas, Kimberly A.

    2017-07-01

    Current anthropogenic climate change is the result of greenhouse gas accumulation in the atmosphere, which records the aggregation of billions of individual decisions. Here we consider a broad range of individual lifestyle choices and calculate their potential to reduce greenhouse gas emissions in developed countries, based on 148 scenarios from 39 sources. We recommend four widely applicable high-impact (i.e. low emissions) actions with the potential to contribute to systemic change and substantially reduce annual personal emissions: having one fewer child (an average for developed countries of 58.6 tonnes CO2-equivalent (tCO2e) emission reductions per year), living car-free (2.4 tCO2e saved per year), avoiding airplane travel (1.6 tCO2e saved per roundtrip transatlantic flight) and eating a plant-based diet (0.8 tCO2e saved per year). These actions have much greater potential to reduce emissions than commonly promoted strategies like comprehensive recycling (four times less effective than a plant-based diet) or changing household lightbulbs (eight times less). Though adolescents poised to establish lifelong patterns are an important target group for promoting high-impact actions, we find that ten high school science textbooks from Canada largely fail to mention these actions (they account for 4% of their recommended actions), instead focusing on incremental changes with much smaller potential emissions reductions. Government resources on climate change from the EU, USA, Canada, and Australia also focus recommendations on lower-impact actions. We conclude that there are opportunities to improve existing educational and communication structures to promote the most effective emission-reduction strategies and close this mitigation gap.

  7. Factors affecting bank governance in Malaysia

    Directory of Open Access Journals (Sweden)

    Wan Masliza Wan Mohammad

    2012-03-01

    Full Text Available Since the financial crisis in year 1997, banks in Malaysia had undergone various issues and transformations, including stricter regulation on merger and acquisitions and greater enforcement of corporate governance. Besides that, the institutions had also gone through the transformation in terms of the risk assessment practice due to the stricter rulings under Basel II regulations. Taking into account of these changes, this study empirically examines the effects of corporate governance, risk and capital on the performance of banks in Malaysia. Based on 132 firm-year samples for the period of 2004-2009, study indicates a significant and negative relationship between bank risks and performance. It further reveals that the risk weighted capital (RRWC improves bank performance. However none of the corporate governance variables have any associations with banks performance. The detail explanations of the findings along with the suggestions for future research are provided in the full text of the reports

  8. Governance, Trust, and Taxes

    OpenAIRE

    Schrøter Joensen, Juanna; Weihe, Guðrið

    2013-01-01

    This paper examines the role of social capital (trust) vis-à-vis the propensity of a country to be a tax haven. The empirical analysis corroborates that better governed countries have a higher ceteris paribus probability to be tax havens. However, social capital counteracts the effect of governance quality. This effect is so strong that the partial effect of governance quality is reversed for countries with the trust index in the top quartile – making these high trust countries le...

  9. Electronic Government

    DEFF Research Database (Denmark)

    Wimmer, Maria A.; Traunmüller, Roland; Grönlund, Åke

    This book constitutes the refereed proceedings of the 4th International Conference on Electronic Government, EGOV 2005, held in Copenhagen, Denmark, in August 2005. The 30 revised papers presented were carefully reviewed and selected from numerous submissions, and assess the state-of-the-art in e-government/e-governance...

  10. Leadership, Governance

    Science.gov (United States)

    : Environmental Documents, Reports LANL Home Calendar Search Contacts About » Leadership, Governance Leadership national security and energy challenges. Leadership, Governance Ethics, Accountability Los Alamos National . Director's Office terry wallace in leadership, governance Director Terry C. Wallace, Jr. Terry C. Wallace, Jr

  11. Stakeholder Governance

    DEFF Research Database (Denmark)

    Flak, Leif Skiftenes; Rose, Jeremy

    2005-01-01

    to e-Government. Originally a management theory, stakeholder theory advocates addressing the concerns of all stakeholders in a firm, as opposed to concentration on the interests of senior managers and stockholders. Apart from the original profit focus, there is no serious conceptual mismatch between...... of governance. Finally, the paper makes recommendations for future work in adapting ST to the e-government context....

  12. Health and environmental risk governance in the french context. The role of scientific expertise and economic analysis

    International Nuclear Information System (INIS)

    Courvalin, C.; Boisson, P.; Dab, W.; Cohen de Lara, M.; Godard, O.; Heriard Dubreuil, G.; Hervouet, V.

    1998-01-01

    Full text of publication follows: increasing public concern as regards health and environmental risks makes it necessary, for public policies and regulation of risk assessment and management to comply with multiple and often non consistent expectations from the public in a rapidly changing environment. Evolution of risk assessment and management is currently observed as a consequence of this context. Whereas the former technical approaches were playing down the existence of residual risk as well as scientific uncertainties, current reflections rather aim at empowering the stakeholders of hazardous activities in the decision-making process in order to build up social trust and public confidence. This paper will present the conclusions of a work group entrusted by the French authorities with the task of proposing recommendations in order to update the risk assessment and management current approaches in the field of energy producing and consuming. The conclusions of this work are based on the analysis of three major issues as regards environmental health risks: climate change, atmospheric pollution, and radiation protection. It is also based on the 1997 report of the US Congress Commission on risk assessment and management. The report points out the difficulty for the French 'command and control' regulatory tradition to comply with public demand for transparency and more democratic involvement in the decision-making process. The conclusion presents various recommendations as regards the role of scientific expertise, the use of economic analysis and the decision-making process in risk assessment and management. The conclusion particularly emphasises key aspects of the decision-making process such as: the necessity of contextualizing risk assessment, the taking into account of scientific uncertainties and the need for stakeholders' involvement. (authors)

  13. Effects of a Municipal Government's Worksite Exercise Program on Employee Absenteeism, Health Care Costs, and Variables Associated with Participation.

    Science.gov (United States)

    Pruett, Angela W.; Howze, Elizabeth H.

    The Blacksburg (Virginia) municipal government's worksite exercise program, developed in response to rising health insurance premiums, was evaluated to determine its effect on health care costs and employee absenteeism. Thirty-two employees who participated in the program for 4.5 years were compared to 32 nonparticipating employees. The program…

  14. Determining the effects of data governance on the performance and compliance of enterprises in the logistics and retail sector

    NARCIS (Netherlands)

    Martijn, N; Hulstijn, J; de Bruijne, MLC; Tan, Y; Janssen, M.; Mäntymäki, M.; Hidders, J.; Klievink, B.; Lamersdorf, W.; Van Loenen, B.; Zuiderwijk, A.

    2015-01-01

    In many of today’s enterprises, data management and data quality are poor. Over the last few years, a new solution strategy has emerged, known as data governance: an overarching methodology that defines who is responsible for what data at what point in a business process. Although positive effects

  15. Towards More Effective Water Quality Governance : A Review of Social-Economic, Legal and Ecological Perspectives and Their Interactions

    NARCIS (Netherlands)

    van Rijswick, H.F.M.W.|info:eu-repo/dai/nl/099909189; Wuijts, S.; Driessen, P.P.J.|info:eu-repo/dai/nl/069081417

    2018-01-01

    In this article, social-economic, legal and ecological perspectives on effectiveness of water quality governance and their interactions have been studied. Worldwide, authorities are facing the challenge of restoring and preserving aquatic ecosystems in accordance with the United Nations Sustainable

  16. Analysis of Managing Safety in Small Enterprises: Dual-Effects of Employee Prosocial Safety Behavior and Government Inspection

    Science.gov (United States)

    2018-01-01

    This paper aims to promote a national and international occupational health and safety (OHS) intervention for small and medium enterprises (SMEs) within internal and external resources. Based on the characteristics of small SME management, the work environment and occupational health may be positively affected by the dual-effects of employees and government. Evolutionary game theory is utilized to identify relevant interactions among the government, small enterprises, and employees. Furthermore, dynamic simulations of the evolutionary game model are used to explore stability strategies and to identify modes of equilibrium. PMID:29707574

  17. The effect of the downturn in oil prices on the relative efficiency of government expenditure in the GCC countries

    International Nuclear Information System (INIS)

    Metwally, M.M.; Perera, N.

    1995-01-01

    This paper tests a control model to discover the effect of the decline in oil prices on the relative efficiency of government expenditure in the member states of the Gulf Cooperation Council. The econometric analysis shows that as a consequence of the decline in oil prices, the GCC countries need a relatively higher proportional rate of growth in their government expenditure to maintain a given percentage of income growth in the long run. This may, however, prove difficult, which necessitates greater reliance on other means of control. (author)

  18. Analysis of Managing Safety in Small Enterprises: Dual-Effects of Employee Prosocial Safety Behavior and Government Inspection.

    Science.gov (United States)

    Wang, Qiwei; Mei, Qiang; Liu, Suxia; Zhang, Jingjing

    2018-01-01

    This paper aims to promote a national and international occupational health and safety (OHS) intervention for small and medium enterprises (SMEs) within internal and external resources. Based on the characteristics of small SME management, the work environment and occupational health may be positively affected by the dual-effects of employees and government. Evolutionary game theory is utilized to identify relevant interactions among the government, small enterprises, and employees. Furthermore, dynamic simulations of the evolutionary game model are used to explore stability strategies and to identify modes of equilibrium.

  19. Bridging Organizations Drive Effective Governance Outcomes for Conservation of Indonesia's Marine Systems.

    Science.gov (United States)

    Berdej, Samantha M; Armitage, Derek R

    2016-01-01

    This study empirically investigates the influence of bridging organizations on governance outcomes for marine conservation in Indonesia. Conservation challenges require ways of governing that are collaborative and adaptive across boundaries, and where conservation actions are better coordinated, information flows improved, and knowledge better integrated and mobilized. We combine quantitative social network analysis and qualitative data to analyze bridging organizations and their networks, and to understand their contributions and constraints in two case studies in Bali, Indonesia. The analysis shows 1) bridging organizations help to navigate the 'messiness' inherent in conservation settings by compensating for sparse linkages, 2) the particular structure and function of bridging organizations influence governing processes (i.e., collaboration, knowledge sharing) and subsequent conservation outcomes, 3) 'bridging' is accomplished using different strategies and platforms for collaboration and social learning, and 4) bridging organizations enhance flexibility to adjust to changing marine conservation contexts and needs. Understanding the organizations that occupy bridging positions, and how they utilize their positionality in a governance network is emerging as an important determinant of successful conservation outcomes. Our findings contribute to a relatively new body of literature on bridging organizations in marine conservation contexts, and add needed empirical investigation into their value to governance and conservation in Coral Triangle nations and beyond.

  20. Bridging Organizations Drive Effective Governance Outcomes for Conservation of Indonesia’s Marine Systems

    Science.gov (United States)

    Berdej, Samantha M.; Armitage, Derek R.

    2016-01-01

    This study empirically investigates the influence of bridging organizations on governance outcomes for marine conservation in Indonesia. Conservation challenges require ways of governing that are collaborative and adaptive across boundaries, and where conservation actions are better coordinated, information flows improved, and knowledge better integrated and mobilized. We combine quantitative social network analysis and qualitative data to analyze bridging organizations and their networks, and to understand their contributions and constraints in two case studies in Bali, Indonesia. The analysis shows 1) bridging organizations help to navigate the ‘messiness’ inherent in conservation settings by compensating for sparse linkages, 2) the particular structure and function of bridging organizations influence governing processes (i.e., collaboration, knowledge sharing) and subsequent conservation outcomes, 3) ‘bridging’ is accomplished using different strategies and platforms for collaboration and social learning, and 4) bridging organizations enhance flexibility to adjust to changing marine conservation contexts and needs. Understanding the organizations that occupy bridging positions, and how they utilize their positionality in a governance network is emerging as an important determinant of successful conservation outcomes. Our findings contribute to a relatively new body of literature on bridging organizations in marine conservation contexts, and add needed empirical investigation into their value to governance and conservation in Coral Triangle nations and beyond. PMID:26794003

  1. Perceptions of risk from nanotechnologies and trust in stakeholders: a cross sectional study of public, academic, government and business attitudes

    OpenAIRE

    Capon, Adam; Gillespie, James; Rolfe, Margaret; Smith, Wayne

    2015-01-01

    Background Policy makers and regulators are constantly required to make decisions despite the existence of substantial uncertainty regarding the outcomes of their proposed decisions. Understanding stakeholder views is an essential part of addressing this uncertainty, which provides insight into the possible social reactions and tolerance of unpredictable risks. In the field of nanotechnology, large uncertainties exist regarding the real and perceived risks this technology may have on society....

  2. Program governance

    CERN Document Server

    Khan, Muhammad Ehsan

    2014-01-01

    FOUNDATION OF GOVERNANCEGovernanceDefining GovernanceGovernance at Multiple LevelsSummaryReferencesTransaction Cost EconomicsTransactions-Core Elements and Attributes     Behavioral Assumptions     Governance Structure AttributesHazards of Concern     Incomplete Contracting     Bilateral Dependency and Fundamental Transformation     Adaptation or MaladaptationLinking Governance, Governance Structures, and ContractsThe Impact of Asset Specificity and Behavioral Assumptions on ContractsAp

  3. Plural Governance

    DEFF Research Database (Denmark)

    Mols, Niels Peter; Menard, Claude

    2014-01-01

    Plural governance is a form of governance where a firm both makes and buys similar goods or services. Despite a widespread use of plural governance there are no transaction cost models of how plural governance affects performance. This paper reviews the literature about plural forms and proposes...... a model relating transaction cost and resource-based variables to the cost of the plural form. The model is then used to analyze when the plural form is efficient compared to alternative governance structures. We also use the model to discuss the strength of three plural form synergies....

  4. The public and effective risk communication

    NARCIS (Netherlands)

    Frewer, L.J.

    2004-01-01

    Abstract Public perceptions of risk have often been dismissed on the basis of ¿irrationality¿, and have tended to be excluded from policy processes by risk assessors and managers. People¿s responses to different risks are determined by psychological factors. The technical risk estimates

  5. Portfolio Diversification Effects of Downside Risk

    NARCIS (Netherlands)

    N. Hyung (Namwon); C.G. de Vries (Casper)

    2004-01-01

    textabstractRisk managers use portfolios to diversify away the un-priced risk of individual securities. In this paper we compare the benefits of portfolio diversification for downside risk in case returns are normally distributed with the case fat tailed distributed returns. The downside risk of a

  6. The Effect of Corporate Governance on Capital Structure Decisions – A Case of Saudi Arabian Banking Sector

    Directory of Open Access Journals (Sweden)

    Nasir Ali

    2014-04-01

    Full Text Available The aim of this empirical study is to analyse the impact of Corporate Governance on Capital Structure Decisions in Saudi Arabian commercial banking sector. The components of corporate governance whose impact has been analysed on the capital structure are board size, independence of directors, ownership structure, ownership of management, board meetings. Multiple regression analysis, Correlation matrix and Descriptive Statistics is used to assess the relationship among corporate governance components and capital structure of Saudi commercial banks for the years 2010 and 2011. The results shows that ownership structure and board size are positively correlated which is coherent with most of the previous studies. Managerial ownership and board independence are negatively correlated and board meeting held in a year is also negatively correlated but is statistically insignificant. Moreover the study found that on average the Saudi banks uses 68 % debt capital. The research study is supposed to facilitate regulatory authorities like CMA for improving the implementation of rules and regulations in order to make corporate governance tools work more efficiently in the Kingdom of Saudi Arabia. The research study evaluates the effects of corporate governance components on capital structure decisions of Saudi commercial banks.

  7. Theorising Derecognition of Local Government Authorities as Political Injustice: The Effects of Technical Claims in Senegal's Forestry

    Directory of Open Access Journals (Sweden)

    Papa Faye

    2017-01-01

    Full Text Available Most developing-country governments have 'recognised' elected local governments (ELGs by transferring to them the authority (e.g. rights and resources over the forests within their jurisdiction. In practice, however, Forest Services are 'derecognising' ELGs – taking back these decentralised powers. This article shows that 'derecognition' is effectively a new 'recognition' dynamic in decentralised forest management in Senegal, in which Forestry officials and agents derecognise ELGs drawing upon technical claims. It also theorises derecognition as political injustice by demonstrating how the technical claims, although used in support of sustainable forest governance, cause political injustice through the following observed derecognition outcomes: 1 circumvention of ELGs that deprives them of the means to be responsive to local people (and thus disables them as democratic institutions; 2 subordination of the new participatory organisations created to receive the powers taken from ELGs to instrumental objectives of central forestry authorities; and 3 progressive privatisation of the forests that diminishes the democratic public domain.

  8. The Capacity and Institution Building (CIB Working Group of United Cities and Local Governments: Towards Improving Aid Effectiveness in the Local Government Sector

    Directory of Open Access Journals (Sweden)

    Tim Kehoe

    2009-11-01

    Full Text Available The United Cities and Local Governments (UCLG Capacity and Institution Building (CIB Working Group gather together professional practitioners of local government associations (LGAs and individual local governments active in international cooperation, with the overall objective to improve the quality, coordination and alignment of their development cooperation interventions. The Working Group is the successor of the CIB Platform, which existed for many years within the former International Union of Local Authorities (IULA as an informal gathering of staff members of local government associations (LGAs involved in the field of municipal international cooperation (MIC and association capacity building (ACB. In addition to information exchange, the CIB Platform undertook specific initiatives such as a World Bank-funded program supporting ACB in several countries. In May 2004, the CIB was integrated into the structures of the newly-founded UCLG organisation, and its membership was expanded to also include staff members of international departments of cities active in international cooperation.

  9. Effects of government registration on unprotected sex among female sex workers in Tijuana, Mexico

    Science.gov (United States)

    Sirotin, Nicole; Strathdee, Steffanie A.; Lozada, Remedios; Abramovitz, Daniela; Semple, Shirley J.; Bucardo, Jesús; Patterson, Thomas L.

    2010-01-01

    Background Sex work is partially regulated in Tijuana, but little is known of its health effects. A recent behavioral intervention among female sex workers (FSWs) decreased incidence of HIV/STIs by 40%. We evaluated effects of sex worker regulation on condom use among FSWs randomized to this intervention. Methods FSWs aged ≥18 years who reported unprotected sex with ≥1 client in the last 2 months and whether they were registered with Tijuana’s Municipal Health Department underwent a brief, theory-based behavioral intervention to increase condom use. At baseline and 6 months, women underwent interviews and testing for HIV, syphilis, C. trachomatis and N. gonorrhoeae. Negative binomial regression was used to determine the effect of registration on numbers of unprotected sex acts and cumulative HIV/STI incidence. Results Of 187 women, 83 (44%) were registered. Lack of registration was associated with higher rates of unprotected sex (rate ratio: 1.7, 95% CI: 1.2–2.3), compared to FSWs who were registered, after controlling for potential confounders. Conclusions Registration predicted increased condom use among FSWs enrolled in a behavioral intervention. Public health programs designed to improve condom use among FSWs may benefit from understanding the impact of existing regulation systems on HIV risk behaviors. PMID:20956076

  10. Effects of government registration on unprotected sex amongst female sex workers in Tijuana; Mexico.

    Science.gov (United States)

    Sirotin, Nicole; Strathdee, Steffanie A; Lozada, Remedios; Abramovitz, Daniela; Semple, Shirley J; Bucardo, Jesús; Patterson, Thomas L

    2010-11-01

    Sex work is partially regulated in Tijuana, but little is known of its health effects. A recent behavioural intervention amongst female sex workers (FSWs) decreased incidence of HIV/STIs by 40%. We evaluated effects of sex worker regulation on condom use amongst FSWs randomized to this intervention. FSWs aged ≥18 years who reported unprotected sex with ≥1 client in the last 2 months and whether they were registered with Tijuana's Municipal Health Department underwent a brief, theory-based behavioural intervention to increase condom use. At baseline and 6 months, women underwent interviews and testing for HIV, syphilis, Chlamydia trachomatis and Neisseria gonorrhoeae. Negative binomial regression was used to determine the effect of registration on numbers of unprotected sex acts and cumulative HIV/STI incidence. Of 187 women, 83 (44%) were registered. Lack of registration was associated with higher rates of unprotected sex (rate ratio: 1.7, 95% CI: 1.2-2.3), compared to FSWs who were registered, after controlling for potential confounders. Registration predicted increased condom use amongst FSWs enrolled in a behavioural intervention. Public health programmes designed to improve condom use amongst FSWs may benefit from understanding the impact of existing regulation systems on HIV risk behaviours. Copyright © 2010 Elsevier B.V. All rights reserved.

  11. Effects Of Governance On Corporate Ethics: A Cross-Country Investigation

    Directory of Open Access Journals (Sweden)

    Cristina Boța-Avram

    2013-12-01

    Full Text Available This research paper empirically investigates the extent to which the quality of governance measured through six dimensions developed by World Bank has a positive influence on the corporate ethics, or in other words, the ethical behaviour of firms in their interaction with public officials, politicians and other companies. By using a dual approach, from geographical and income group classification, this study analyses data from official reports issued by World Bank and World Economic Forum for a final sample of 140 countries, trying to highlight the positive relationship that might exist between governance clusters and ethical behaviour of firms. For the purpose of the paper, a multiple regression analysis was performed. The research results confirm that there are strong positive correlations between most of the governance indicators and companies’ ethical behaviour, even if there are some differences between various geographical areas, and also between different income categories economies, in terms of the intensity of this influence.

  12. Effect of the International Agreement on Government Procurement and the Government Procurement Chapter of the North American Free Trade Agreement on public contracting opportunities

    OpenAIRE

    Heldreth, Steven E.

    1994-01-01

    Approved for public release, distribution unlimited This paper explores the specific legal content of the 1979 and 1993 Agreements on Government Procurement as well as the North American Free Trade Agreement's Chapter Ten (Government Procurement). One chapter addresses the use of free trade agreements, associated problems, and how the agreements have been applied to the public sector. The content of each of the primary documents is an...

  13. isk governance: Experience of Islamic banks

    Directory of Open Access Journals (Sweden)

    Siti Rohaya Mat Rahim

    2015-05-01

    Full Text Available Risk governance has evolved tremendously in the banking industry. Risk governance recommends the imperative roles of Chief Risk Officer (CRO to oversee risk. This study explores risk governance influence over the Islamic banks performances. Multivariate analysis techniques measure simultaneously via Structural Equation Modelling (SEM. This study employed cross-sectional sample of 200 Islamic banks across 21 countries for the year 2014. To examine risk governance and Islamic banks performance, the study captures seventeen variables developed from risk management and corporate governance (ROA, ROE, Profit Margin, CRO, Shariah committee member, CEO, board size, remuneration meeting, credit rating, external audit, accounting standard, loan loss provision, capital adequacy ratio, total deposit ratio, GDP, central bank lending rate and inflation. The simulation result reveals, risk governance act as mediating variables towards Islamic banks performance. This study has practical and significance contribution for Islamic banks to understand risk governance, aligning with the fundamental risk management and corporate governance

  14. Controlling Legal Risk for Effective Hospital Management

    Directory of Open Access Journals (Sweden)

    Hyun Jun Park

    2016-04-01

    Full Text Available Purpose: To analyze the types of medical malpractice, medical errors, and medical disputes in a university hospital for the proposal of countermeasures that maximize the efficiency of hospital management, medical departments, and healthcare providers. Materials and Methods: This study retrospectively reviewed and analyzed 55 closed civil lawsuits among 64 medical lawsuit cases carried out in Pusan National University Hospital from January 2000 to April 2013 using medical records, petitions, briefs, and data from the Medical Dispute Mediation Committee. Results: Of 55 civil lawsuits, men were the main plaintiffs in 31 cases (56.4%. The average period from medical malpractice to malpractice proceeding was 16.5 months (range, 1 month to 6.4 years, and the average period from malpractice proceeding to the disposition of a lawsuit was 21.7 months (range, 1 month to 4 years and 11 months. Conclusions: Hospitals can effectively manage their legal risks by implementing a systematic medical system, eliminating risk factors in administrative service, educating all hospital employees on preventative strategies, and improving customer service. Furthermore, efforts should be made to establish standard coping strategies to manage medical disputes and malpractice lawsuits, operate alternative dispute resolution methods including the Medical Dispute Mediation Committee, create a compliance support center, deploy a specialized workforce including improved legal services for employees, and specialize the management-level tasks of the hospital.

  15. Governance, Trust and Taxes

    DEFF Research Database (Denmark)

    Weihe, Guri; Joensen, E. Juanna Schröter

    This paper examines the role of social capital (trust) vis-à-vis the propensity of a country to be a tax haven. The empirical analysis corroborates that better governed countries have a higher ceteris paribus probability to be tax havens. However, social capital counteracts the effect of governance...... quality. This effect is so strong that the partial effect of governance quality is reversed for countries with the trust index in the top quartile – making these high trust countries less likely to be tax havens – even as governance quality is increased. Thus it is crucial to consider the interaction...

  16. Energy Efficiency Governance: Handbook

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    This handbook has been written to assist EE practitioners, government officials and stakeholders to establish effective EE governance structures for their country. The handbook provides readers with relevant information in an accessible format that will help develop comprehensive and effective governance mechanisms. For each of the specific topics dealt with (see Figure 1 in the Handbook), the IEA offers guidelines for addressing issues, or directs readers to examples of how such issues have been dealt with by specific countries.

  17. Codes of Good Governance

    DEFF Research Database (Denmark)

    Beck Jørgensen, Torben; Sørensen, Ditte-Lene

    2013-01-01

    Good governance is a broad concept used by many international organizations to spell out how states or countries should be governed. Definitions vary, but there is a clear core of common public values, such as transparency, accountability, effectiveness, and the rule of law. It is quite likely......, transparency, neutrality, impartiality, effectiveness, accountability, and legality. The normative context of public administration, as expressed in codes, seems to ignore the New Public Management and Reinventing Government reform movements....

  18. Economies of scale and scope in banking : Effects of government intervention, corporate strategy and market power

    NARCIS (Netherlands)

    Dijkstra, M.A.

    2017-01-01

    The financial crisis and ensuing policy responses have made the question of economies of scale and scope in the banking sector as topical as ever. This dissertation estimates economies of scale and scope in the banking sector and discusses the role of government intervention, corporate strategy and

  19. The effects of coaching on the teaching and learning of english in Indian government schools

    NARCIS (Netherlands)

    Raval, Harini; Kaul, C.; McKenney, Susan; Looi, C.K.; Polman, J.L.; Cress, U.; Reimann, P.

    2016-01-01

    Although English is mandatorily introduced as a second language early in majority of government primary schools in India, its quality remains dismal due to lack of appropriate curricula, poor ESL teacher competencies and weak professional development opportunities. In an effort to promote the

  20. The Effect of Governance on Global Software Development: An Empirical Research in Transactive Memory Systems.

    NARCIS (Netherlands)

    Manteli, C.; van den Hooff, B.J.; van Vliet, J.C.

    2014-01-01

    Context The way global software development (GSD) activities are managed impacts knowledge transactions between team members. The first is captured in governance decisions, and the latter in a transactive memory system (TMS), a shared cognitive system for encoding, storing and retrieving knowledge

  1. The adverse effects of government spending on private consumption in New Keynesian Models

    NARCIS (Netherlands)

    Kuehn, S.; Veen, van A.P. (Tom); Muysken, J.

    2009-01-01

    Empirical evidence shows that government spending crowds in private consumption, a Keynesian phenomenon. The current state of the art, New Keynesian models based on optimising households and firms, is not able to predict such a result. We show with a graphical framework as well as a formal model why

  2. Governance through learning: making corporate social responsibility in dutch industry effective from a sustainable development perspective

    NARCIS (Netherlands)

    Cramer, J.M.; Loeber, A.

    2004-01-01

    An increasing number of firms try to implement corporate social responsibility (CSR) from the perspective of sustainable development. This article considers these efforts in the light of the changing relation between the state, society and the corporate sector, as a result of which governance

  3. Effect of corporate governance mechanisms on the relationship between legal origins and cost of debt

    DEFF Research Database (Denmark)

    Farooq, Omar; Derrabi, Mohamed

    2012-01-01

    How do differences in country-level governance and enforcement mechanisms affect firms? Using a large dataset from the MENA region, we document that differences in legal traditions translate into differences in cost of debt. Our results show that firms headquartered in the common law countries ha...

  4. The Effectiveness of Using Technology in English Language Classrooms in Government Primary Schools in Bangladesh

    Science.gov (United States)

    Parvin, Ruxana Hossain; Salam, Shaikh Flint

    2015-01-01

    Across the globe, governments of different countries have recognized the importance and value of digital technologies in language learning. This article is based on the pilot project of Save the Children using information and communication technology (ICT) in education. Through this initiative, interactive multimedia software based on national…

  5. Gann Limit & Proposition 13: Negative Effects on Local Government Agencies, Inlcuding Schools & Community College Districts.

    Science.gov (United States)

    Rodda, Albert S.

    In fall 1978, Paul Gann, who worked with Howard Jarvis to pass California's Proposition 13 in June 1978, sought to qualify an intitiative placing a constitutional limit on state and local government expenditures. This initiative qualified and was approved by voters in November 1979 as Proposition 4. Gann's solicitation set the limitation's base…

  6. 3 CFR - Government Contracting

    Science.gov (United States)

    2010-01-01

    ... contract oversight could reduce such sums significantly. Government outsourcing for services also raises... a risk that taxpayer funds will be spent on contracts that are wasteful, inefficient, subject to... mission. In such cases, the agency must ensure that the risks associated with noncompetitive contracts are...

  7. Informing people about radiation risks: a review of obstacles to public understanding and effective risk communication

    International Nuclear Information System (INIS)

    Covello, V.T.

    1988-01-01

    This paper reviews the literature on informing people about radiation risks. The paper focuses on obstacles to public understanding and effective risk communication. The paper concludes with a set of guidelines for communicating information about radiation risks to the public. The paper also includes an appendix that reviews the literature on one of the most important tools for communicating information about radiation risks: risk comparisons

  8. The effects of Global Fund financing on health governance in Brazil

    Science.gov (United States)

    2012-01-01

    Objectives The impact of donors, such as national government (bi-lateral), private sector, and individual financial (philanthropic) contributions, on domestic health policies of developing nations has been the subject of scholarly discourse. Little is known, however, about the impact of global financial initiatives, such as the Global Fund to Fight AIDS, Tuberculosis, and Malaria, on policies and health governance of countries receiving funding from such initiatives. Methods This study employs a qualitative methodological design based on a single case study: Brazil. Analysis at national, inter-governmental and community levels is based on in-depth interviews with the Global Fund and the Brazilian Ministry of Health and civil societal activists. Primary research is complemented with information from printed media, reports, journal articles, and books, which were used to deepen our analysis while providing supporting evidence. Results Our analysis suggests that in Brazil, Global Fund financing has helped to positively transform health governance at three tiers of analysis: the national-level, inter-governmental-level, and community-level. At the national-level, Global Fund financing has helped to increased political attention and commitment to relatively neglected diseases, such as tuberculosis, while harmonizing intra-bureaucratic relationships; at the inter-governmental-level, Global Fund financing has motivated the National Tuberculosis Programme to strengthen its ties with state and municipal health departments, and non-governmental organisations (NGOs); while at the community-level, the Global Fund’s financing of civil societal institutions has encouraged the emergence of new civic movements, participation, and the creation of new municipal participatory institutions designed to monitor the disbursement of funds for Global Fund grants. Conclusions Global Fund financing can help deepen health governance at multiple levels. Future work will need to explore how

  9. The effects of Global Fund financing on health governance in Brazil

    Directory of Open Access Journals (Sweden)

    Gómez Eduardo J

    2012-07-01

    Full Text Available Abstract Objectives The impact of donors, such as national government (bi-lateral, private sector, and individual financial (philanthropic contributions, on domestic health policies of developing nations has been the subject of scholarly discourse. Little is known, however, about the impact of global financial initiatives, such as the Global Fund to Fight AIDS, Tuberculosis, and Malaria, on policies and health governance of countries receiving funding from such initiatives. Methods This study employs a qualitative methodological design based on a single case study: Brazil. Analysis at national, inter-governmental and community levels is based on in-depth interviews with the Global Fund and the Brazilian Ministry of Health and civil societal activists. Primary research is complemented with information from printed media, reports, journal articles, and books, which were used to deepen our analysis while providing supporting evidence. Results Our analysis suggests that in Brazil, Global Fund financing has helped to positively transform health governance at three tiers of analysis: the national-level, inter-governmental-level, and community-level. At the national-level, Global Fund financing has helped to increased political attention and commitment to relatively neglected diseases, such as tuberculosis, while harmonizing intra-bureaucratic relationships; at the inter-governmental-level, Global Fund financing has motivated the National Tuberculosis Programme to strengthen its ties with state and municipal health departments, and non-governmental organisations (NGOs; while at the community-level, the Global Fund’s financing of civil societal institutions has encouraged the emergence of new civic movements, participation, and the creation of new municipal participatory institutions designed to monitor the disbursement of funds for Global Fund grants. Conclusions Global Fund financing can help deepen health governance at multiple levels. Future work

  10. The effects of Global Fund financing on health governance in Brazil.

    Science.gov (United States)

    Gómez, Eduardo J; Atun, Rifat

    2012-07-16

    The impact of donors, such as national government (bi-lateral), private sector, and individual financial (philanthropic) contributions, on domestic health policies of developing nations has been the subject of scholarly discourse. Little is known, however, about the impact of global financial initiatives, such as the Global Fund to Fight AIDS, Tuberculosis, and Malaria, on policies and health governance of countries receiving funding from such initiatives. This study employs a qualitative methodological design based on a single case study: Brazil. Analysis at national, inter-governmental and community levels is based on in-depth interviews with the Global Fund and the Brazilian Ministry of Health and civil societal activists. Primary research is complemented with information from printed media, reports, journal articles, and books, which were used to deepen our analysis while providing supporting evidence. Our analysis suggests that in Brazil, Global Fund financing has helped to positively transform health governance at three tiers of analysis: the national-level, inter-governmental-level, and community-level. At the national-level, Global Fund financing has helped to increased political attention and commitment to relatively neglected diseases, such as tuberculosis, while harmonizing intra-bureaucratic relationships; at the inter-governmental-level, Global Fund financing has motivated the National Tuberculosis Programme to strengthen its ties with state and municipal health departments, and non-governmental organisations (NGOs); while at the community-level, the Global Fund's financing of civil societal institutions has encouraged the emergence of new civic movements, participation, and the creation of new municipal participatory institutions designed to monitor the disbursement of funds for Global Fund grants. Global Fund financing can help deepen health governance at multiple levels. Future work will need to explore how the financing of civil society by the

  11. Varieties of flood risk governance in Europe : How do countries respond to driving forces and what explains institutional change?

    NARCIS (Netherlands)

    Wiering, Mark; Kaufmann, M.; Mees, H.; Schellenberger, T.; Ganzevoort, W.; Hegger, D.L.T.; Larrue, C.; Matczak, P.

    Abstract Floods are challenging the resilience of societies all over the world. In many countries there are discussions on diversifying the strategies for flood risk management, which implies some sort of policy change. To understand the possibilities of such change, a thorough understanding of the

  12. Varieties of flood risk governance in Europe: How do countries respond to driving forces and what explains institutional change?

    NARCIS (Netherlands)

    Wiering, M.A.; Kaufmann, M.; Mees, H.; Schellenberger, T.; Ganzevoort, W.; Hegger, D.L.T.; Larrue, C.; Matczak, P.

    2017-01-01

    Floods are challenging the resilience of societies all over the world. In many countries there are discussions on diversifying the strategies for flood risk management, which implies some sort of policy change. To understand the possibilities of such change, a thorough understanding of the forces of

  13. Utilising Enterprise Risk Management Strategies to Develop a Governance and Operations Framework for a New Research Complex: A Case Study

    Science.gov (United States)

    Clyde-Smith, Jodi

    2014-01-01

    Enterprise risk management strategies were used to develop a regulatory and operational framework for a new multi-partner Research Institute that will house up to 900 staff from four different institutions in Queensland, Australia. The Institute will operate in a business environment while functioning as a research resource for the higher…

  14. Cardiovascular risk after preeclampsia : The effect of communicating risk factors on intended healthy behavior

    NARCIS (Netherlands)

    Bokslag, Anouk; Kroeze, Willemieke; de Groot, Christianne J.M.; Teunissen, Pim W.

    Objective: We studied the effect of communicating cardiovascular risk factors on intended healthy behavior in women with a history of preeclampsia or uncomplicated pregnancy. Methods: Intention for healthy behavior was assessed before and after cardiovascular risk assessment. Changes were calculated

  15. Evaluation of a visual risk communication tool: effects on knowledge and perception of blood transfusion risk.

    Science.gov (United States)

    Lee, D H; Mehta, M D

    2003-06-01

    Effective risk communication in transfusion medicine is important for health-care consumers, but understanding the numerical magnitude of risks can be difficult. The objective of this study was to determine the effect of a visual risk communication tool on the knowledge and perception of transfusion risk. Laypeople were randomly assigned to receive transfusion risk information with either a written or a visual presentation format for communicating and comparing the probabilities of transfusion risks relative to other hazards. Knowledge of transfusion risk was ascertained with a multiple-choice quiz and risk perception was ascertained by psychometric scaling and principal components analysis. Two-hundred subjects were recruited and randomly assigned. Risk communication with both written and visual presentation formats increased knowledge of transfusion risk and decreased the perceived dread and severity of transfusion risk. Neither format changed the perceived knowledge and control of transfusion risk, nor the perceived benefit of transfusion. No differences in knowledge or risk perception outcomes were detected between the groups randomly assigned to written or visual presentation formats. Risk communication that incorporates risk comparisons in either written or visual presentation formats can improve knowledge and reduce the perception of transfusion risk in laypeople.

  16. Environmental assessment in The Netherlands: Effectively governing environmental protection? A discourse analysis

    Energy Technology Data Exchange (ETDEWEB)

    Runhaar, Hens, E-mail: h.a.c.runhaar@uu.nl [Utrecht University, Copernicus Institute of Sustainable Development, P.O. Box 80,115, 3508 TC Utrecht (Netherlands); Laerhoven, Frank van, E-mail: vanLaerhoven@uu.nl [Utrecht University, Copernicus Institute of Sustainable Development, P.O. Box 80,115, 3508 TC Utrecht (Netherlands); Driessen, Peter, E-mail: p.driessen@uu.nl [Utrecht University, Copernicus Institute of Sustainable Development, P.O. Box 80,115, 3508 TC Utrecht (Netherlands); Arts, Jos, E-mail: e.j.m.m.arts@rug.nl [University of Groningen, Faculty of Planning, P.O. Box 800, 9700 AV Groningen (Netherlands)

    2013-02-15

    Environmental assessment (EA) aims to enhance environmental awareness and to ensure that environmental values are fully considered in decision-making. In the EA arena, different discourses exist on what EA should aim for and how it functions. We hypothesise that these discourses influence its application in practice as well as its effectiveness in terms of achieving the above goals. For instance, actors who consider EA as a hindrance to fast implementation of their projects will probably apply it as a mandatory checklist, whereas actors who believe that EA can help to develop more environmentally sound decisions will use EIA as a tool to design their initiatives. In this paper we explore discourses on EA in The Netherlands and elaborate on their implications for EA effectiveness. Based on an innovative research design comprising an online survey with 443 respondents and 20 supplementary semi-structured interviews we conclude that the dominant discourse is that EA is mainly a legal requirement; EAs are conducted because they have to be conducted, not because actors choose to do so. EA effectiveness however seems reasonably high, as a majority of respondents perceive that it enhances environmental awareness and contributes to environmental protection. However, the 'legal requirement' discourse also results in decision-makers seldom going beyond what is prescribed by EA and environmental law. Despite its mandatory character, the predominant attitude towards EA is quite positive. For most respondents, EA is instrumental in providing transparency of decision-making and in minimising the legal risks of not complying with environmental laws. Differences in discourses seldom reflect extreme opposites. The 'common ground' regarding EA provides a good basis for working with EA in terms of meeting legal requirements but at the same time does not stimulate creativity in decision-making or optimisation of environmental values. In countries characterised by

  17. Environmental assessment in The Netherlands: Effectively governing environmental protection? A discourse analysis

    International Nuclear Information System (INIS)

    Runhaar, Hens; Laerhoven, Frank van; Driessen, Peter; Arts, Jos

    2013-01-01

    Environmental assessment (EA) aims to enhance environmental awareness and to ensure that environmental values are fully considered in decision-making. In the EA arena, different discourses exist on what EA should aim for and how it functions. We hypothesise that these discourses influence its application in practice as well as its effectiveness in terms of achieving the above goals. For instance, actors who consider EA as a hindrance to fast implementation of their projects will probably apply it as a mandatory checklist, whereas actors who believe that EA can help to develop more environmentally sound decisions will use EIA as a tool to design their initiatives. In this paper we explore discourses on EA in The Netherlands and elaborate on their implications for EA effectiveness. Based on an innovative research design comprising an online survey with 443 respondents and 20 supplementary semi-structured interviews we conclude that the dominant discourse is that EA is mainly a legal requirement; EAs are conducted because they have to be conducted, not because actors choose to do so. EA effectiveness however seems reasonably high, as a majority of respondents perceive that it enhances environmental awareness and contributes to environmental protection. However, the ‘legal requirement’ discourse also results in decision-makers seldom going beyond what is prescribed by EA and environmental law. Despite its mandatory character, the predominant attitude towards EA is quite positive. For most respondents, EA is instrumental in providing transparency of decision-making and in minimising the legal risks of not complying with environmental laws. Differences in discourses seldom reflect extreme opposites. The ‘common ground’ regarding EA provides a good basis for working with EA in terms of meeting legal requirements but at the same time does not stimulate creativity in decision-making or optimisation of environmental values. In countries characterised by less

  18. Towards a Risk Governance Culture in Flood Policy—Findings from the Implementation of the “Floods Directive” in Germany

    Directory of Open Access Journals (Sweden)

    Klaus Wagner

    2012-02-01

    Full Text Available The European Directive on the Assessment and Management of Flood Risks is likely to cause changes to flood policy in Germany and other member states. With its risk governance approach, it introduces a holistic and catchment-oriented flood risk management and tries to overcome shortcomings of the past, such as the event-driven construction of mainly structural measures. However, there is leeway for interpretation in implementing the directive. The present paper gives an overview on the implementation of the floods directive in Germany and is divided into two qualitative empirical case studies. Case Study I investigates the level of acceptance of the floods directive among decision-makers in the German part of the Rhine river basin. Findings show that the federal states respond differently to the impulse given by the floods directive. Whereas some decision-makers opt for a pro-forma implementation, others take it as a starting point to systematically improve their flood policy. Case Study II presents recommendations for a successful implementation of flood risk management plans that have been developed within a project for the water authority in Bavaria and might be interesting for other federal/member states. For a participation of the interested parties on the level of shared decision-making, the planning process has to work on sub-management-plan level (15–20 communities. The water resources authority has to adopt a multi-faceted role (expert, responsible or interested party depending on the discussed topics.

  19. Building effective workforce management practices through shared governance and technology systems integration.

    Science.gov (United States)

    Krive, Jacob

    2013-01-01

    In integrated delivery networks (IDNs) with complex management structures, shared governance in nursing is a proven model for health care delivery. After Advocate Health Care, the largest IDN in Illinois, implemented shared governance in its nursing, clinical, and non-clinical departments and restructured the organization's technology use, it benefited greatly from a new, shared decision-making process. After listening to business consultants, clinical professionals, and information technology experts, hospitals should take the blended, or comprehensive, approach to new projects. They can succeed by promoting communication supported by an integrated computer platform that helps nursing and business executives reach a consensus. Traditional modes of operation, in which individual administrative, clinical, and technology departments separately introduce innovation, do not deliver an advantage. However, models that incorporate open communication, integration, and knowledge sharing will help large IDNs and other complex health care organizations make the best possible use of their resources and investments.

  20. Effectiveness of corporate governance structure: An alternative metric on the performance of listed Chinese companies

    Directory of Open Access Journals (Sweden)

    Yuan George Shan

    2008-11-01

    Full Text Available We analyse a panel data set covering the years 2001 to 2005 and comprised of a stratified sample of A, AB and AH non financial companies listed on China’s Shanghai and Shenzhen stock exchanges to provide empirical evidence on the influence of corporate control and governance characteristics on the quality and independence of corporate decision making in these companies. The characteristics considered are the level of concentration in and type of ownership of the companies, particularly high levels of government and foreign ownership, and the composition (expertise and size of the companies’ two boards. Performance outcomes, and by association the quality and independence of corporate policy decisions, are measured in the form of firm bad debt to accounts receivable ratio (BD/AR. We find that for our sample firms’ concentration of ownership, including state and foreign ownership, and board size and independence are significant factors in determining the levels of the bad debt ratio.