scholarly journals Risk Assessment of unsecured loans – example of entering a new market

2017 ◽  
Vol 1 (3) ◽  
Author(s):  
Jens Pickert
Keyword(s):  
Risk Assessment ◽  
Literature Review ◽  
Value Added ◽  
Assessment Process ◽  
Hypothetical Case ◽  
Practical Application ◽  
Risk Assessment Process ◽  
Cross Border ◽  
Depth Analysis

Objective: The objective of the paper is to show the risk assessment of unsecured loans in theory and practise.Research Design & Methods: In the first part, the paper makes a literature review with regard to the theory unsecured loans and their risk assessment. In the second part, a case study discusses the risk assessment process as a practical application in the hypothetical case if a Swedish bank enters the German market.Findings: The risk assessment of unsecured loans is a standardized process there scoring models make a crucial contribution. This case study shows how difficult that process is in the event of cross-border activities, for example, a bank enters a new market in a new country.Implications & Recommendations: Assessing applicants on a new market is challenging due to the effect of asymmetric information. The problem can be solved by information sharing and by using the experiences from the existing portfolio. Based on that the bank can create an appropriate scorecard.Contribution & Value Added: The paper contributes to existing literature on risk assessment by applying scoring models to the case of cross-border activities.Article type: base on in-depth analysis of literature review

How can knowledge of the climate niche inform the weed risk assessment process? A case study ofChrysanthemoides moniliferain Australia

2014 ◽  
Vol 20 (6) ◽  
pp. 613-625 ◽  
Author(s):  
Linda J. Beaumont ◽  
Rachael V. Gallagher ◽  
Michelle R. Leishman ◽  
Lesley Hughes ◽  
Paul O. Downey
Keyword(s):  
Risk Assessment ◽  
Assessment Process ◽  
Risk Assessment Process ◽  
Weed Risk Assessment ◽  
Climate Niche

scholarly journals INCREASING COMPETENCIES OF SECURITY AND SAFETY MANAGERS IN THE RISK ASSESSMENT PROCESS

2020 ◽  
Vol 1 ◽  
pp. 201-205
Author(s):  
Andrej Raffaj ◽  
Katarína Kampová
Keyword(s):  
Risk Assessment ◽  
Security Management ◽  
Added Value ◽  
Assessment Process ◽  
Reference Object ◽  
Safety Level ◽  
Risk Assessment Process ◽  
Safety Risks ◽  
The Given

Security management is an important part of the overall management of an organization. It aims to protect the health and life of persons, organization property and the environment itself. Achieving this goal, which represents achieving the required level of both security and safety, is undoubtedly dependent on the activities performed by security and safety managers. One of the basic processes affecting the security and safety level in the given organization is a risk assessment process. Based on the results of this process, particular measures are implemented to either avert or reduce the security and safety risks. The KARS method presented in this article is one of the methods applicable to the risk assessment process. The added value over other methods used in practice is that the assessment takes into account the correlation of the assessed risks. The case study presents the application of the KARS for evaluating risks magnitude within a real reference object.

scholarly journals A Methodology for Harmonizing Safety and Health Scales in Occupational Risk Assessment

2021 ◽  
Vol 18 (9) ◽  
pp. 4849
Author(s):  
Zuzhen Ji ◽  
Dirk Pons ◽  
John Pearse
Keyword(s):  
Risk Assessment ◽  
Health And Safety ◽  
Assessment Method ◽  
Assessment Process ◽  
Successful Implementation ◽  
Health Issues ◽  
Public Health Perspective ◽  
Chronic Health ◽  
Risk Assessment Method

Successful implementation of Health and Safety (H&S) systems requires an effective mechanism to assess risk. Existing methods focus primarily on measuring the safety aspect; the risk of an accident is determined based on the product of severity of consequence and likelihood of the incident arising. The health component, i.e., chronic harm, is more difficult to assess. Partially, this is due to both consequences and the likelihood of health issues, which may be indeterminate. There is a need to develop a quantitative risk measurement for H&S risk management and with better representation for chronic health issues. The present paper has approached this from a different direction, by adopting a public health perspective of quality of life. We have then changed the risk assessment process to accommodate this. This was then applied to a case study. The case study showed that merely including the chronic harm scales appeared to be sufficient to elicit a more detailed consideration of hazards for chronic harm. This suggests that people are not insensitive to chronic harm hazards, but benefit from having a framework in which to communicate them. A method has been devised to harmonize safety and harm risk assessments. The result was a comprehensive risk assessment method with consideration of safety accidents and chronic health issues. This has the potential to benefit industry by making chronic harm more visible and hence more preventable.

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