Family Control, Risk Management and Company Performance in Mexico

2012 ◽  
Author(s):  
Maria de Lourdes Trevino ◽  
Manuel Alejandro Alvarado Rodríguez
Keyword(s):  
Risk Management ◽  
Company Performance ◽  
Family Control ◽  
Control Risk

scholarly journals ISO 31000-Based Risk Management and Balanced Scorecard to Improve Company Performance: A Case Study at Indonsian YNK Tour and Travel Company

2021 ◽  
Vol 8 (3) ◽  
pp. 376
Author(s):  
Sandra Galuh Asmarawati ◽  
Perminas Pangeran
Keyword(s):  
Risk Management ◽  
Balanced Scorecard ◽  
Financial Risk ◽  
Management Plan ◽  
Company Performance ◽  
Improve Performance ◽  
Management Options ◽  
The Balanced Scorecard ◽  
Iso 31000

This research aims to conduct risk management assessments based on ISO 31000: 2018 and Balanced Scorecard (BSC) to improve performance at YNK Tour and Travel Company in Indonesia. Data obtained through filling out questionnaires and interviews with the company's director. The identified tourism risks consist of 5 types of risk, including: financial risk, operational risk, environmental risk, competitive risk and economic risk. The result of this research is to produce a risk management design based on ISO 31000. This standard is effective for identifying, analyzing, evaluating, and handling risks assisted by the Balanced Scorecard as a guideline to reach company’s goals. If the companies combine both of the standards, it can improve not only company’s performance but also company’s objective can be achieved. Based on the risk management plan, it is expected to assist the company in coping and dealing with it by determining the best risk management options according to the company's capabilities so that it can improve company performance.

Pre-emptive Integrated Well Control Risk Management

2014 ◽  
Author(s):  
Andrew John Cuthbert ◽  
John Walters
Keyword(s):  
Risk Management ◽  
Well Control ◽  
Control Risk

scholarly journals Active family control and company performance: the role of foreign investment moderation and bank debt

2018 ◽  
Vol 22 (1) ◽  
Author(s):  
Perminas Pengeran
Keyword(s):  
Family Firms ◽  
Stock Exchange ◽  
Foreign Ownership ◽  
Company Performance ◽  
Bank Debt ◽  
Family Control ◽  
The Family ◽  
The Relationship ◽  
Moderating Role

This study was to examine the moderating role of foreign ownership and Bank debt on the influence of active family control toward the family firm performance. Based on purposive sampling techniques, this study used 18 family firms listed in Indonesia Stock Exchange (IDX), during the period of 2006-2011. The results of this study showed several important findings. Firstly, foreign ownership positively moderated the effect of active family control on profitability. Secondly, likewise, bank debt negatively moderated the effect of active family control on profitability. Thirdly, foreign ownership negatively moderated the effect of active family control on dividends payment. Finally, bank debt positively moderated the influence of active family control on dividends payment. These results revealed that the foreign ownership and bank debt serves as moderator on the relationship between active family control and financial performance.

scholarly journals Does the pyramidal ownership mechanism negatively affect the firm’s performance?

2016 ◽  
Vol 19 (2) ◽  
pp. 205
Author(s):  
Vera Diyanty
Keyword(s):  
Least Square ◽  
Mediating Effect ◽  
Company Performance ◽  
Alignment Effect ◽  
Family Control ◽  
Ordinary Least Square ◽  
Founding Family ◽  
Ordinary Least Square Regression ◽  
Pyramidal Ownership

This research aims to evaluate the effect of family control, which is obtained through both direct or pyramidal ownership mechanism, and company performance. It also examines the mediating effect of founder leadership as represented by founding family members occupying the top management position and the effectiveness of Board of Commissioner. This study used Ordinary Least Square regression for the data analysis with 670 data as the sample from 134 sample companies from year 2009 to 2013. The results show that family control through direct ownership mechanism enhances company performance (alignment effect). On the other hand, family control through pyramidal ownership mechanism weakens company performance (entrenchment effect). The results also show that founder leadership boosts the alignment effect and limits the entrenchment effect. However, this research fails to confirm the role of the effectiveness of the Board of Commissioner in increasing the alignment effect and limiting the entrenchment effect.

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