scholarly journals Hazards of La Fortuna District, Alajuela, Costa Rica

2020 ◽  
Vol 1 (6) ◽  
Author(s):  
Juan Carlos Robles ◽  
Mario Fernandez Arce
Keyword(s):  
Risk Management ◽  
Costa Rica ◽  
Volcanic Eruption ◽  
Press Releases ◽  
Density Index ◽  
Scientific Papers ◽  
Density Map

In this paper we examine the characteristic and distribution of natural and man-made hazards in the District La Fortuna, Costa Rica, and show a Hazards Density Map. There are deadly hazards in the territory and both vulnerability and risk have increased, which demands actions to prevent disasters. Our interest is to provide useful results to improve the risk management in the district. We collected information available in scientific papers, technical reports, thesis, and Press releases and used the method Hazard Density Index to produce the Hazard Density Map. The findings point to a concentration of threats in in North of the district and confirm that the main hazard in the studied area is the volcanic eruption.

scholarly journals Hazards Analysis in the Canton La Unión, Cartago, Costa Rica

2021 ◽  
Vol 2 (2) ◽  
pp. 30-34
Author(s):  
Jorge Rodríguez Campos ◽  
Mario Fernandez Arce
Keyword(s):  
Risk Management ◽  
Spatial Distribution ◽  
Costa Rica ◽  
Local Government ◽  
Disaster Risk ◽  
Spatial Extent ◽  
Field Surveys ◽  
A Value ◽  
Density Index ◽  
The Impact

The hazards from the canton La Unión were identified, analyzed, and described. A value ranging from 0 to 1 was assigned to each threat in the Minimum Geostatistical Units (MGU), to estimate the dangers density in the study area. This article shows the spatial distribution of such index. The manifestation of several natural and anthropic events forces to investigate and understand such processes, in order to improve Disaster Risk Management (DRM) in the Canton and provide inputs to the Local Government to carry out such work. The investigation required a bibliographic review to know the impact of past incidents, field surveys to determine the spatial extent of the threats, and the calculation of a hazard’s density index. According to the results, earthquakes are the main danger in La Union and the Center, South and West of the canton are the areas with the highest hazards density.

Does the hiring of chief risk officers align with the COSO/ISO enterprise risk management frameworks?

2017 ◽  
Vol 25 (3) ◽  
pp. 274-295 ◽  
Author(s):  
Erastus Karanja
Keyword(s):  
Risk Management ◽  
Enterprise Risk Management ◽  
Clear Understanding ◽  
Press Releases ◽  
Apparent Lack ◽  
Content Type ◽  
Business Operations ◽  
Enterprise Risk ◽  
The Press ◽  
Iso 31000

Purpose There are two main industry-sanctioned enterprise risk management (ERM) models, that is, COSO 2004 and ISO 31000:2009, that firms refer to when implementing ERM programs. Taken together, the two ERM models specify that firms should implement ERM programs to meet a strategic need, improve operations and reporting or to comply with government regulations or industry best practices. In addition, the focus of ERM implementation should be either the subsidiary, business unit, division, firm/entity or global level. The purpose of this study is to investigate whether firms are aligning their ERM implementations with these tenets: strategy, operations, reporting, compliance and the level of implementation. Design/methodology/approach The proxy for ERM implementation is the hiring of a Chief Risk Officer (CRO). The research data come from a sample of 122 US firms that issued a press release following the hiring of a CRO between 2010 and 2014. The press releases were retrieved and aggregated through content analysis in LexisNexis Academic. Findings The results reveal that many ERM implementations are occurring at the firm/entity level, and with the exception of reporting, firms consider ERM to be a strategic firm resource capable of improving business operations and compliance initiatives. Originality/value There is a dearth of research studies specifically investigating whether ERM programs adopted by firms are aligned with the specification of COSO 2004 and ISO 31000:2009 frameworks. The apparent lack of a clear understanding of the alignment between the firm ERM programs and the industry’s ERM frameworks may limit the development and implementation of ERM and the eventual realization of the benefits associated with a successful ERM implementation.

scholarly journals Assessment of the Educational Process for Risk Management in the Canton Santo Domingo de Heredia, Costa Rica

2021 ◽  
Vol 2 (3) ◽  
pp. 63-66
Author(s):  
Mario Fernández Arce ◽  
Marianela González ◽  
Silvia Camacho
Keyword(s):  
Risk Management ◽  
Elementary Schools ◽  
Costa Rica ◽  
The State ◽  
Educational Process ◽  
Public Institutions ◽  
Risk Prevention ◽  
National Commission ◽  
Santo Domingo ◽  
Training Activities

The educational process for Risk Management (GR) in the canton Santo Domingo de Heredia was evaluated by investigating the training activities carried out by different entities. These entities are: The National Commission for Risk Prevention and Emergency Attention (CNE), the Municipal Emergency Committee, 8 district emergency committees, Emergency Committees of public institutions and 8 elementary schools, one per district. In the studied area there are hazards and vulnerabilities that demand proper education in order to manage efficiently the probability of human and material loses. The educational process for risk management has been carried out in the chosen zone but its level or depth is unknown. The purpose of this work is to find out the state of education to prevent disaster or emergencies and improve its weak aspects. To obtain the required information, seven instruments (questionnaires) were applied to the following key actors: an official of CNE, the coordinators of Brigade or Committees of Emergency (4 different questionnaires), and finally the person who teaches about natural and technological events in each one of the selected schools. According to results, the population of Santo Domingo has not been adequately trained to properly face the dangers and reduce the vulnerability of the canton.

scholarly journals Building bridges between Mathematics, Insurance and Finance

2015 ◽  
Vol 3 (1) ◽  
Author(s):  
Fabrizio Durante ◽  
Giovanni Puccetti ◽  
Matthias Scherer
Keyword(s):  
Risk Management ◽  
American Statistical Association ◽  
Insurance Companies ◽  
London School ◽  
Advisory Committees ◽  
Oxford University ◽  
Scientific Papers ◽  
London School Of Economics ◽  
The University

AbstractPaul Embrechts is Professor of Mathematics at the ETH Zurich specializing in Actuarial Mathematics and Quantitative Risk Management. Previous academic positions include the Universities of Leuven, Limburg and London (Imperial College). Dr. Embrechts has held visiting professorships at several universities, including the Scuola Normale in Pisa (Cattedra Galileiana), the London School of Economics (Centennial Professor of Finance), the University of Vienna, Paris 1 (Panthéon-Sorbonne), theNationalUniversity of Singapore, KyotoUniversity,was Visiting Man Chair 2014 at the Oxford-Man Institute of Oxford University and has an Honorary Doctorate from the University of Waterloo, Heriot-Watt University, Edinburgh, and the Université Catholique de Louvain. He is an Elected Fellow of the Institute of Mathematical Statistics and the American Statistical Association, Honorary Fellow of the Institute and the Faculty of Actuaries, Actuary-SAA, Member Honoris Causa of the Belgian Institute of Actuaries and is on the editorial board of numerous scientific journals.He belongs to various national and international research and academic advisory committees. He co-authored the influential books Modelling of Extremal Events for Insurance and Finance, Springer, 1997 [8] andQuantitative RiskManagement: Concepts, Techniques and Tools, Princeton UP, 2005, 2015 [14] and published over 180 scientific papers. Dr. Embrechts consults on issues in Quantitative Risk Management for financial institutions, insurance companies and international regulatory authorities.

scholarly journals Risk management for healthcare organizations

2021 ◽  
Vol 76 (2) ◽  
pp. 187-195
Author(s):  
Natalia G. Nikolaeva ◽  
Elena V. Priimak ◽  
Irina S. Razina ◽  
Maria A. Kazanceva
Keyword(s):  
Risk Management ◽  
Drug Therapy ◽  
Quality Management ◽  
Quality Management System ◽  
Drug Error ◽  
Healthcare Organizations ◽  
Medical Organization ◽  
Management Tools ◽  
Regulatory Documents ◽  
Scientific Papers

It is believed that more than 70% of errors in a medical organization can be prevented, in particular, by using risk management methods and implementing risk management tools in the practice of their activities. To this end, the authors conducted a study based on data from the analysis of scientific papers and regulatory documents regulating quality management and risk management in healthcare. The study summarizes the main approaches to implementing risk management methods in healthcare and suggests an algorithm for analyzing the types and consequences of potential failures in healthcare (HFMEA). As the analyzed process, the process of performing doctors appointments by medical nurses for drug therapy was chosen, which refers to the main medical events, and drug error is a serious problem in drug therapy. The results of the study revealed possible risks associated with each step. The study is appropriate due to the fact that many healthcare institutions are currently implementing a quality management system to improve their processes.

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