Linking key determinants of risks management strategies and its implementation on Abu Dhabi’s municipalities

Risk management strategies (RMS) are a systematic way of assessing risk exposure within the institution. It is also a comprehensive tool and systematic mechanism to predict the likelihood and impact of events, including unexpected occurrences. The objective of this study is to examine the key determ...

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Main Authors: Alzaabi, Humaid Abdulaziz Jasim, Marni, Nurazmallail
Format: Article
Language:English
Published: Academy IRMBR 2019
Subjects:
Online Access:http://eprints.utm.my/88127/1/NurazmallailMarni2019_LinkingKeyDeterminantsofRisksManagement.pdf
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author Alzaabi, Humaid Abdulaziz Jasim
Marni, Nurazmallail
author_facet Alzaabi, Humaid Abdulaziz Jasim
Marni, Nurazmallail
author_sort Alzaabi, Humaid Abdulaziz Jasim
collection ePrints
description Risk management strategies (RMS) are a systematic way of assessing risk exposure within the institution. It is also a comprehensive tool and systematic mechanism to predict the likelihood and impact of events, including unexpected occurrences. The objective of this study is to examine the key determinants of RMS implementation amongst the municipalities in Abu Dhabi. This research adopted a quantitative orientation to analyze the data obtained from the questionnaire distributed to the three main municipalities in Abu Dhabi via their Risk Management Division. The results of this study are quite encouraging as a number of variables have relationships with RMS implementation. This research have significant implications for stakeholders such as top management of public sector including internal auditors, audit committee, standard-setters or even regulatory bodies and academician in Abu Dhabi. The current study is significant as it helps shed light on the relative importance of the leadership, operating framework, governance mechanism and compliance constructs on RMS implementation in the public sector and more especially in Abu Dhabi’s municipalities.
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spelling utm.eprints-881272020-12-15T00:12:44Z http://eprints.utm.my/88127/ Linking key determinants of risks management strategies and its implementation on Abu Dhabi’s municipalities Alzaabi, Humaid Abdulaziz Jasim Marni, Nurazmallail HD28 Management. Industrial Management Risk management strategies (RMS) are a systematic way of assessing risk exposure within the institution. It is also a comprehensive tool and systematic mechanism to predict the likelihood and impact of events, including unexpected occurrences. The objective of this study is to examine the key determinants of RMS implementation amongst the municipalities in Abu Dhabi. This research adopted a quantitative orientation to analyze the data obtained from the questionnaire distributed to the three main municipalities in Abu Dhabi via their Risk Management Division. The results of this study are quite encouraging as a number of variables have relationships with RMS implementation. This research have significant implications for stakeholders such as top management of public sector including internal auditors, audit committee, standard-setters or even regulatory bodies and academician in Abu Dhabi. The current study is significant as it helps shed light on the relative importance of the leadership, operating framework, governance mechanism and compliance constructs on RMS implementation in the public sector and more especially in Abu Dhabi’s municipalities. Academy IRMBR 2019 Article PeerReviewed application/pdf en http://eprints.utm.my/88127/1/NurazmallailMarni2019_LinkingKeyDeterminantsofRisksManagement.pdf Alzaabi, Humaid Abdulaziz Jasim and Marni, Nurazmallail (2019) Linking key determinants of risks management strategies and its implementation on Abu Dhabi’s municipalities. International Review of Social Sciences, 7 (2). pp. 45-61. ISSN 2309-0081 https://irss.academyirmbr.com/papers/1546252172.pdf
spellingShingle HD28 Management. Industrial Management
Alzaabi, Humaid Abdulaziz Jasim
Marni, Nurazmallail
Linking key determinants of risks management strategies and its implementation on Abu Dhabi’s municipalities
title Linking key determinants of risks management strategies and its implementation on Abu Dhabi’s municipalities
title_full Linking key determinants of risks management strategies and its implementation on Abu Dhabi’s municipalities
title_fullStr Linking key determinants of risks management strategies and its implementation on Abu Dhabi’s municipalities
title_full_unstemmed Linking key determinants of risks management strategies and its implementation on Abu Dhabi’s municipalities
title_short Linking key determinants of risks management strategies and its implementation on Abu Dhabi’s municipalities
title_sort linking key determinants of risks management strategies and its implementation on abu dhabi s municipalities
topic HD28 Management. Industrial Management
url http://eprints.utm.my/88127/1/NurazmallailMarni2019_LinkingKeyDeterminantsofRisksManagement.pdf
work_keys_str_mv AT alzaabihumaidabdulazizjasim linkingkeydeterminantsofrisksmanagementstrategiesanditsimplementationonabudhabismunicipalities
AT marninurazmallail linkingkeydeterminantsofrisksmanagementstrategiesanditsimplementationonabudhabismunicipalities