Corporate Risk Tolerance and Acceptability towards Sustainable Energy Transition

The omnipresence of risk prevails in almost every aspect of human life. Individuals and societal factors are pivotal in the decision-making process to judge acceptability and tolerability of risk. Tolerability of risk (ToR) is characterized by dynamism pinned in the process of decision making that helps to gauge the society and individual’s risk. The energy transition implies switching the energy system from fossil fuels or any traditional mechanism to modern renewable sources that are sustainable. The energy transition is paramount important in the current global energy system to attain sustainable goals for organizations. This study used the positivism research paradigm to address the research questions. The quantitative approach helps to examine the cause-and-effect relationship. It also helps to collect systematic information to meet the objectives of the research. A total sample of 300 was selected for the data collection from renewable energy companies. The study used positivism research philosophy applied deductive approach. The data is analyzed through PLS-SEM. It is summarized that the scale of risk acceptability and tolerability in Pakistan is moderate which encourages companies to work progressively and increases sociocultural activities to make society a partner of this new shift in energy transition that will ultimately increase the level of risk acceptability. Nevertheless, as a society, people are neither high-risk takers nor risk avoiders due to income constraints, macroeconomic uncertainty, and political instability.

Impact of collaborative, entrepreneurship education on the financial risk taken by university students

Based on the definition of entrepreneurship, entrepreneurs can be considered as risk-takers. The literature contains conflicting theories as to whether risk-taking can be influenced by external factors. The current paper investigates the effect of entrepreneurship education and collaborative environment on financial risk-taking behavior among university-age young people. To this end, an online survey was conducted involving 510 participants and various statistical tests were utilized to test the research hypothesis. To measure financial risk-taking propensity, the Choice Dilemma Questionnaire methodology was implemented. The results of the analysis reveal that both the level of entrepreneurship education and a collaborative environment increase financial risk-taking. Moreover, multiple linear regression methodology was used to capture the significant factors that influence financial risk-taking when investing alone and investing in a collaborative environment. As a policy recommendation, the authors suggest that an entrepreneurship training curriculum should be developed that incorporates the various activities and elements of a collaborative environment.

The adventurous tourist amidst a pandemic: Effects of personality, attitudes, and affect

To better understand travel and hospitality consumers’ purchasing behavior amidst a worldwide emergency commonly referenced as COVID-19, the present research set out to assess the impacts of sensation-seeking, consumer affect, and risk-taking attitude on consumers’ willingness to purchase travel-related activities. A sample of 775 adult U.S. consumers were recruited with the help of a professional research consulting company. Simple and multiple regression analyses were performed for the purpose of hypotheses testing. Results demonstrate that individuals with higher sensation-seeking levels, lower negative affectivity, and who identify themselves as risk-takers are more willing to engage in various travel and commercial hospitality activities. Furthermore, sensation-seeking proves to be the most influential factor in driving consumers’ willingness to purchase amidst the COVID-19 pandemic. The authors conclude by proposing a typology (illustrated in two different grids) of consumers based on their levels of sensation-seeking (high vs. low), affect (positive vs. negative), and risk-taking attitude (high vs. low). Theoretically, the model helps predict which consumers are most likely to engage in travel-related activities despite of the challenges posed by global pandemics.

Active role of flower shops in the commercialization of roses

Retail florist activities are essential elements in the rose (Rosa spp.) market since they generate significant income and employment. In these jobs, florists gain recognition by their designs that captivate consumers. At the same time, they are key entrepreneurs in the commercialization of roses. Then, the objective of the research was to know the entrepreneurial role of florists in the commercialization of roses (Rosa spp.) in southern Veracruz, Mexico. An exploratory research was conducted in flower shops, five in Coatzacoalcos, nine in Minatitlán and six in Acayucan. Interviews were conducted with florists (n = 20). The categories of analysis used were the demographic, psychosocial and sociocultural profile of the florists as innovative entrepreneurs. In regards to the demographic profile, these economic agents have the experience and knowledge necessary to develop their activity. In short, florists are identified as family micro-enterprises with establishments that are 20 years old. In the psychosocial profile, florists present low innovative capacity with respect to the composition of their floral arrangements; however, they are characterized as risk takers with the ability to solve problems. Finally, the sociocultural profile demonstrates the florists-intermediary-producers collaboration; such entrepreneurial activity generates economic incentives with local-regional influence. Therefore, florists need to strengthen their links with other florists, producers and distributors to improve their innovative capabilities that will benefit both themselves and consumers.

Urban bat pups take after their mothers and are bolder and faster learners than rural pups

Background Urbanization is rapidly changing our planet and animals that live in urban environments must quickly adjust their behavior. One of the most prevalent behavioral characteristics of urban dwelling animals is an increased level of risk-taking. Here, we aimed to reveal how urban fruitbats become risk-takers, and how they differ behaviorally from rural bats, studying both genetic and non-genetic factors that might play a role in the process. We assessed the personality of newborn pups from both rural and urban colonies before they acquired experience outdoors, examining risk-taking, exploration, and learning rates. Results Urban pups exhibited significantly higher risk-taking levels, they were faster learners, but less exploratory than their rural counterparts. A cross-fostering experiment revealed that pups were more similar to their adoptive mothers, thus suggesting a non-genetic mechanism and pointing towards a maternal effect. We moreover found that lactating urban mothers have higher cortisol levels in their milk, which could potentially explain the transmission of some personality traits from mother to pup. Conclusions Young bats seem to acquire environment suitable traits via post-birth non-genetic maternal effects. We offer a potential mechanism for how urban pups can acquire urban-suitable behavioral traits through hormonal transfer from their mothers.

Rejection of Accident Insurance Claims by Insurance Companies

Insurance is a form of compensation for the occurrence of uncertain risks and the delegation of responsibility to bear those risks. The event of this risk is uncertain because it depends on uncertainty. The transfer of risk is carried out by making an insurance agreement or insurance agreement. The first party is usually referred to as the insured. The second is the party willing to accept the risk of the first party by accepting a payment called a premium. Risk takers are often referred to as insurance companies. The research method used in this study uses a legal approach research method (statute approach) and a conceptual approach (conceptual approach). Based on the results of this study, the researcher states that the basis or cause of the rejection of an insurance agreement is because the insurance agreement is a conditional agreement, where the insurer only bears the loss suffered by the insured party following the terms of the event that resulted in the loss to the insured as agreed, by the parties in the insurance agreement. Or the insured party does not carry out its obligations to pay premiums to the insurer. The legal remedy that the insured party can take if the insurer rejects the claim is to file a lawsuit at the local District Court, as regulated in Article 23 of Law no. 8 of 1999. It can be completed through the BMAI institution.Keywords: Insurance, Claim, Dispute Resolution.

To Protect and Responsibilize: The Discursive Explosion of Combining Youth Sexuality, Human Trafficking, and Online Spaces

The emergence of social media and digital technologies has resulted in new protectionist laws, policies, and mandates aimed at regulating the sexual behaviour of women and girls in online spaces. These neoliberal responsiblization strategies are aimed at shaping good, young digital citizens and have become further amplified through increased concerns about domestic human trafficking and victim vulnerability. This protectionism, however, is not always reflected in courtroom proceedings, revealing a tension between the protection and responsiblization of victims of trafficking in Canada. Using R v Oliver-Machado (2013) as a case study, we examine the ways in which the defence counsel’s reliance on commonplace defence tactics used in sexual assault cases responsibilize the young complainants in an attempt to discredit their victimhood and reconstruct them as online sexual risk takers.