The effect of risk management practices on research university performance
This study examines how risk management practices (RMP) affect organizational performance in Malaysia's research university (RU) setting. The conceptualization of RMP and RU performance was based on the process theory, and the five RMP proposed - Risk Governance & Management System, Risk Id...
| Main Authors: | , , , |
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| Format: | Article |
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Serials Publications
2017
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| _version_ | 1796863340722520064 |
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| author | Md. Ariff, M. S. Zakuan, N. Som, N. M. Tajudin, M. N. M. |
| author_facet | Md. Ariff, M. S. Zakuan, N. Som, N. M. Tajudin, M. N. M. |
| author_sort | Md. Ariff, M. S. |
| collection | ePrints |
| description | This study examines how risk management practices (RMP) affect organizational performance in Malaysia's research university (RU) setting. The conceptualization of RMP and RU performance was based on the process theory, and the five RMP proposed - Risk Governance & Management System, Risk Identification, Risk Analysis & Evaluation, Risk Mitigation Strategy & Control, and Risk Monitoring & Communication - derived from literature review on risk management, focus group sessions with risk practitioners, and expert validation. Using a self-administered questionnaire, 288 senior administrators of the RU participated in this study. The SEM result shows that these RMP positively and significantly affect the RU performance. Theoretically, this study validated that the positive and significant association between RMP and organizational performance is also observed in the research university context. These RMP should be adopted when designing effective implementation of risk management to achieve the RU performance. However, the application of the RMP should be tailored to fit to unique risk profiles of the university environment, including the need to enhance some risk practices. |
| first_indexed | 2024-03-05T20:25:18Z |
| format | Article |
| id | utm.eprints-81202 |
| institution | Universiti Teknologi Malaysia - ePrints |
| last_indexed | 2024-03-05T20:25:18Z |
| publishDate | 2017 |
| publisher | Serials Publications |
| record_format | dspace |
| spelling | utm.eprints-812022019-07-24T03:37:10Z http://eprints.utm.my/81202/ The effect of risk management practices on research university performance Md. Ariff, M. S. Zakuan, N. Som, N. M. Tajudin, M. N. M. HD28 Management. Industrial Management This study examines how risk management practices (RMP) affect organizational performance in Malaysia's research university (RU) setting. The conceptualization of RMP and RU performance was based on the process theory, and the five RMP proposed - Risk Governance & Management System, Risk Identification, Risk Analysis & Evaluation, Risk Mitigation Strategy & Control, and Risk Monitoring & Communication - derived from literature review on risk management, focus group sessions with risk practitioners, and expert validation. Using a self-administered questionnaire, 288 senior administrators of the RU participated in this study. The SEM result shows that these RMP positively and significantly affect the RU performance. Theoretically, this study validated that the positive and significant association between RMP and organizational performance is also observed in the research university context. These RMP should be adopted when designing effective implementation of risk management to achieve the RU performance. However, the application of the RMP should be tailored to fit to unique risk profiles of the university environment, including the need to enhance some risk practices. Serials Publications 2017 Article PeerReviewed Md. Ariff, M. S. and Zakuan, N. and Som, N. M. and Tajudin, M. N. M. (2017) The effect of risk management practices on research university performance. Man in India, 97 (17). pp. 289-298. ISSN 0025-1569 |
| spellingShingle | HD28 Management. Industrial Management Md. Ariff, M. S. Zakuan, N. Som, N. M. Tajudin, M. N. M. The effect of risk management practices on research university performance |
| title | The effect of risk management practices on research university performance |
| title_full | The effect of risk management practices on research university performance |
| title_fullStr | The effect of risk management practices on research university performance |
| title_full_unstemmed | The effect of risk management practices on research university performance |
| title_short | The effect of risk management practices on research university performance |
| title_sort | effect of risk management practices on research university performance |
| topic | HD28 Management. Industrial Management |
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