scholarly journals The influence of the risk-oriented system of funded pension provision on the socio-economic security of the state

2021 ◽  
Vol 11/3 (-) ◽  
pp. 5-7
Author(s):  
Svitlana ACHKASOVA

Introduction. The implementation of a risk-oriented approach is an important issue for implementation in various fields. The purpose of the paper is to assess the impact of the risk-oriented system of funded pension provision on the socio-economic security of the state. The method of analysis of T. Saati's hierarchies was used to assess the impact of the instruments of the risk-oriented system of accumulative pension provision on the socio-economic security of the state. Results. The highest priority is given to 3 instruments: use of tools for identification and formation of risk profile of accumulative pension entities – 1st place (0,295), introduction of internal risk management system for funded pension entities in the field of funded pension provision – 2nd place (0,278); establishment of general requirements to the performance indicators of the subjects of accumulative pension provision, in particular financial monitoring – 3rd place (0,166). Conclusion. Scenarios for the development of socio-economic security of the state are modeled. It is determined that the scenario of accelerated development is more probable in assessing the impact of instruments for implementing a risk-oriented system of funded pension provision, in particular: use of tools for identification and formation of a risk profile of the activities of the subjects of the accumulative pension provision; use the criteria of risk-oriented composition of investment areas of pension assets in the field of funded pension provision; use of FINTECH, REGTECH in the field of funded pension provision; use of financial mediation in the field of funded pension provision; establishment of general requirements to the performance indicators of the subjects of funded pension provision, in particular financial monitoring; introduction of an internal risk management system for the activities of the subjects of the funded pension provision in the sphere of the funded pension provision.

Author(s):  
Anom Bowolaksono ◽  
Fatma Lestari ◽  
Saraswati Andani Satyawardhani ◽  
Abdul Kadir ◽  
Cynthia Febrina Maharani ◽  
...  

Developing countries face various challenges in implementing bio-risk management systems in the laboratory. In addition, educational settings are considered as workplaces with biohazard risks. Every activity in a laboratory facility carries many potential hazards that can impact human health and the environment and may cause laboratory incidents, including Laboratory Acquired Infections (LAIs). In an effort to minimize the impact and occurrence of these incidents, it is necessary to evaluate the implementation of a bio-risk management system in every activity that involves handling biological agents. This study was conducted in an Indonesian higher-education institution, herein coded as University Y. This is a descriptive, semi-quantitative study aimed at analysing and evaluating the implementation of the bio-risk management systems used in laboratories by analysing the achievements obtained by each laboratory. The study used primary data that were collected using a checklist which referred to ISO 35001: 2019 on Laboratory Bio-risk Management. The checklist consisted of 202 items forming seven main elements. In addition, secondary data obtained from literature and document review were also used. The results show that out of 11 laboratories examined, only 2 laboratories met 50% of the requirements, which were Laboratory A and B, achieving good performance. Regarding the clauses of standards, a gap analysis identified leadership, performance evaluation, and support as elements with the lowest achievement. Therefore, corrective action should be developed by enhancing the commitment from management as well as improving documentation, policy, education and training.


Author(s):  
Hamed Rashed Sayed Abdullah Alnuaimi ◽  

Modern processes in a society increasingly began to take on the character of emergencies, namely, the situation in a certain territory, which developed as a result of an accident, a dangerous natural phenomenon, a catastrophe, the spread of a disease, a natural or other disasters that may or did entail human casualties, damage to health people or the environment, significant material losses and disruption of the living conditions of people. At the current time, such a situation is the COVID-19 pandemic, which has already claimed the lives of many people and brought significant economic consequences, including a complete shutdown of the activities of business structures. In this regard, the purpose of the study is to develop a conceptual framework for a risk management system for emergency situations, which can ensure the normal operation of a business structure and prevent its death in the event of an emergency event of any nature. The author analyzed the impact of the COVID-19 pandemic on society and the activities of business structures as one of the latest and most striking examples of emergencies. The analysis revealed that this event could completely destroy the business; therefore, the primary and indispensable criterion for the normal viability of a modern business structure is the ability of top management, based on a strictly scientific basis, to predict, carry out prevention, rationally control and effectively manage risks. Based on the analysis, the author proposed conceptual risk management of emergencies for business structures in the context of global informatization of digitalization. The proposed system is based on the fact that modern processes in society are a symbiosis of two concepts - emergency situations and "black swan", i.e. this is difficult to predict an event that has significant financial and material losses and a violation of the living conditions of an economic entity up to its complete dysfunction. The proposed comprehensive emergency risk management system will allow neutralizing two main and most ambitious consequences: catastrophic losses (financial, labour) and suddenness of the event.


2021 ◽  
Vol 12 (2) ◽  
Author(s):  
Olena Bohdaniuk ◽  
◽  
Oleksandr Bohdaniuk ◽  

In modern conditions, an important role is played by the ability to manage the assets of the enterprise, which depends on the effective development of production, maximizing profits and increasing the competitiveness of the enterprise. In order to achieve high results of the enterprise it is important to monitor and analyze the state, the dynamics of the use of assets, to assess their impact on the main performance indicators of the enterprise. To do this, it is necessary to have timely and relevant analytical information. That is why the aim of the study were theoretical, methodological and practical issues of analysis of non-current assets in the management system of development of production potential of enterprises. The study was conducted on the materials of Agricultural Company "Svoboda", Odessa region, Izmail district, p. Stara Nekrasivka. The company’s reporting data for 2000 - 2019 were used. During the research general scientific and applied methods and techniques were used, in particular: dialectical method of cognition, analysis and synthesis, system approach (for studying theoretical issues of analysis of non-current assets); comparison, questionnaires, expert assessments, coefficient analysis (study of the practice of analysis of non-current assets); econometric modeling (assessment of the value of non-current assets in the management system of the production potential of the enterprise). The results of the modelling indicate the impact of the value of non-current assets, including fixed assets, the degree of their depreciation on the performance of the enterprise. We consider that for high performance of the enterprise it is important to monitor and analyze the state, the dynamics of the use of assets, to assess their impact on the main performance indicators of the enterprise. To increase the efficiency of formation and use of non-current assets in the analyzed company it is necessary to: implement all opportunities to increase production, improve its quality, increase competitiveness, ensure high return on investment and capital investment; reduce construction time and work in progress; to improve the acquisition of fixed assets, especially in the direction of optimizing the relationship between their individual species, groups.


2021 ◽  
pp. 22-25
Author(s):  
Oksana ZAKHARCHUK ◽  
Oksana KOVALYK ◽  
Kseniia KOVTUNENKO

In modern conditions, when changes in the external environment occur quite often, the probability of risks increases, there is a need to study and develop a risk management system for each enterprise separately, depending on its specifics. The article considers the main definitions of risk, its impact on the company's activities. The main types of risks that arise in any direction of business activity are considered. The impact of these risks on the company's activities is determined. It is determined that each risk can be considered as a negative financial result of activity or the probability of loss of profit, as well as a positive result of activity in the form of additional unplanned profit. The article considers risk management at the enterprise as an integrated system. Each stage of the risk management process is considered as a separate element and as one component of the whole process. There are three approaches to risk management: adaptive, integrated, and preventive. One of the methods of risk management the article considers the preventive method, the mechanism of its implementation. Preventive management is considered from the point of view of a scientific approach as a process of developing and implementing coordinated preventive actions aimed at preventing and minimizing losses from the impact of possible risks on the enterprise. The main task of preventive management is defined, which is to identify and eliminate possible causes of risk. The use of the preventive method and its impact on the interrelation of each activity process are prescribed. It also describes the need to introduce preventive analysis and assess the impact of internal and external factors on business activities. It is determined that the active application of the risk management system using the preventive method, provided that it quickly responds to changes that occur during the company's activities, forms a risk prevention system that allows you to work continuously and covers all areas of activity of all structural divisions of the enterprise, changing the general principles and generally accepted management culture.


2019 ◽  
pp. 138-144 ◽  
Author(s):  
Z. Rudneva

The directions of development of customs control after release of goods have been considered. The performance indicators of structural subdivisions of the customs authority have been analyzed. The problems of customs administration, associated with the organization of control after the release of good, have been revealed. The definition of the concept of «continuous customs control» has been disclosed. The author offers measures for improving the effectiveness of customs inspections, including the development of a methodological base, the application of risk management system, interaction with other public authorities, the use of electronic technologies, which contribute to the implementation of the tasks facing the customs authorities to create effective customs control.


2021 ◽  
Vol 4 (1) ◽  
pp. 71-84
Author(s):  
Stefano Amelio ◽  
Alessandro Figus

Abstract The aim of the paper is to talk about the risk management system especially today in pandemic time. The authors would like to analyze the issue of risk management in an economic and healthcare context. taking into account that there are strong relationships between society and health such as the question of social responsibility and organization, social responsibility and social impact and social responsibility and competitiveness. The correlation between economy and health is highlighted in the healthcare sector, where the risk profile is in fact considered complex and extremely dynamic.


2017 ◽  
Vol 2 (1) ◽  
pp. 21
Author(s):  
Zainal Putra ◽  
Syafruddin Chan ◽  
Moenawar IHA

<p>Regional Water Company (PDAM) Tirta Meulaboh is the only state- ownedof West Aceh district that provides clean water for the residents of West Aceh, especially the residents of the city of Meulaboh and its surroundings. But in its operation the company has not yet to have a risk management system, so it has the impact on the company's survival and not optimal service to its customers. The study aims to identify risk, risk analysis and risk evaluation, in order to do prevention and mitigation of the impact of risk on each section in PDAM Tirta Meulaboh using risk management system standard ISO 31000. The process steps of risk management based on ISO 31000, starting from risk identification to methods Risk Breakdown Structure (RBS), risk analysis using matrix risk quantification and Risk Priority Number (RPN), and the evaluation of risks by using risk map. The results showed that in PDAM Tirta Meulaboh there were 43 risk events that have the potential business problems, which if they were not solved immediately it could affect the performance of the company, even the survival of the company. Of the 43 potential risks that were logged to the red zone, there were 5 potential risks which occupies the first rank is on productions departement: the defective of production water meter, the defective of distribution water meter and retrieval water by tank car without through the water meter. Branch Kaway XVI: customers are reluctant to pay the water bill and in IKK Rantau Panjang: water meter of raw water was damaged. The Efforts to mitigate against the risk of those 43 events which were logged in the red zone has not been planned and done yet by the management of PDAM Tirta Meulaboh.</p><p><br />Keywords: ISO 31000, PDAM Tirta Meulaboh, Risk Management</p>


2021 ◽  
Vol 110 ◽  
pp. 04005
Author(s):  
Irina Kirishchieva ◽  
Mikhail Skorev ◽  
Tatiana Grafova

In modern economic conditions, the activities of an enterprise are associated with an increased level of risks in all areas of activity, therefore, ensuring its economic security should be accompanied by the formation and implementation of a risk management system built into the enterprise management system. The analysis of the current regulatory legal acts in the field of enterprise risks is carried out, various definitions of the “risk” category as a multifaceted concept in regulatory legal documents, as well as in scientific works are presented. The necessity of forming a risk management system from the position of ensuring the economic security of an enterprise has been substantiated. The purpose, objectives, principles, main directions, basic provisions, sequence of actions in the cyclical process of risk management are disclosed. Considered are the positive aspects in the effective regulation of the enterprise, which are accompanied by the use of a risk management system in the environment of the enterprise to ensure its economic security.


2019 ◽  
Vol 10 (2) ◽  
pp. 122-133
Author(s):  
Yu. V. Trifonov ◽  
S. M. Brykalov ◽  
V. Yu. Trifonov

The article describes the strategic management methodology based on the use of key performance indicators system, recommendations for its further development are given. The necessity of integration above-mentioned methodology with the methodology of risk management systems is justified for large companies. The main conceptual states and stages of key performance indicators system and risk management system integration are given. Integration processes are illustrated by the example of a particular large company.Conceptual states and integration stages of  key performance indicators system with risk management system are considered. Specific organizational and technical measures for implementation of above-mentioned systems  at the nuclear industry enterprises are described as well. Key performance indicators for risk management system are proposed to be laid for introducing enterprises’  performance management.The results of theoretical and empirical research, the described tools and approaches can be used in other industrial enterprises, regardless of their business.


Author(s):  
Taleb Abdullah Mohammed Ali Alhammadi ◽  

In economics, the decision-making process at all levels of government takes place in conditions of constant uncertainty of the final results of activities. The growing tendency of process uncertainty and global consequences, which was clearly seen in the example of the coronavirus pandemic, forces all businesses to pay attention to the risk management system as an effective tool to counter the impact of emergencies that affect all aspects of a business. One of the "weaknesses" of the business structure is its personnel component. Risk management, an important management tool at all levels and a risk-oriented approach, provide many methods and ways to make decisions more consciously and reasonably. The theoretical and methodological analysis allowed the author to develop recommendations for improving personnel security in the risk management system of emergencies of business structures. The peculiarity of the proposed guidance is that it allows taking into account modern phenomena, namely emergencies that occur in the contemporary world and tend to increase in size, scale and damage. Ignoring the quality of human resources management of business structures, the level of professional development of workers, mechanisms for reproduction and implementation of their business qualities, protection of the interests of professionals and safety of society from non- professionals poses a real threat the security of all humanity. Crisis phenomena create additional obstacles for business structures on the way to their sustainable development. The risk management system has always been able to protect the organization from harmful influences, the effectiveness of which depended on how modern this system is, i.e. able to meet everyday challenges. Today, the most acute problem is emergencies: pandemics, fires, earthquakes, etc.; all this forces businesses to move to remote work. Thus, when creating a modern system of business management risk, it is necessary to focus on its personnel component through the prism of the impact of emergencies.


Sign in / Sign up

Export Citation Format

Share Document