Toward the NGO-involved schooling: a study on teachers’ risk perceptions and teachings

This paper focuses on revealing the ambivalent situations in teachers’ risk perceptions and teachings. Three ambivalent situations are found. The first is that, although the teachers reported that collective-related risks are more important than personal-related risks, they are less active in gathering knowledge regarding collective-related risks. The second situation is that, although teachers try to supplement their teaching materials with more risk phenomena, this may just be in response to their occupational needs, rather than due to their moral reflexivity. The third ambivalent situation is that the competitive and individualized environment seems to limit the teachers’ risk teaching. Based on these findings and other research, the author states that NGO-involved schooling might be a significant strategy to face the challenge of world risks in the neoliberal world.     

Political–security risk in the oil and gas industry: the impact of terrorism on risk management and mitigation

Oil and gas companies are experiencing an increase in terrorist attacks. The industry became a legitimate target for terrorist groups in the 1990s and the number of attacks have increased yearly, with a spike after the 9/11 attacks. In today’s interconnected world, political risk is not only about the relationship between the host government and the company. Oil and gas companies may experience risks on a transnational, national and human security level. The success of new investments often depends on the successful utilization of risk management strategies. This study focuses on the importance of political–security risk in the oil and gas industry. In January 2013, the oil and gas industry experienced one of its deadliest attacks at the In Amenas gas facility in Algeria, forcing firms to reconsider its focus on security management. Statoil undertook a thorough analysis of security at the site as well as of the company′s corporate security risk management. The report revealed a lack of focus on political–security risk. This study argues that political–security risk has not been used to its full potential in the oil and gas industry. The oil and gas industry has always focused on site security, but a broader more holistic approach to risk management has been lacking. As a result of the In Amenas incident, the industry has become more willing to have a new discussion on security and this has resulted in changes in the way companies operate.     

Even beyond humanity – a comment on ‘Change and commitment: beyond risk and responsibility’ by Silvio Funtowicz and Roger Strand

Due to past major food scares, food-safety perceptions have become a widely investigated topic. The aim of the present study was to examine food-safety perceptions separately for every step of the total meat supply chain, as such a detailed approach yields more promising strategies to ensure food safety in the future. Using a large-scale survey, we examined people’s risk perceptions of 18 steps describing the total meat supply chain. The results revealed a clear distinction between risk perception at the production stage and risk perception at home in the total meat supply chain, in that people perceived significantly less risk at home. However, people’s risk perceptions of the single stages in the total meat supply chain were overall slightly above average. Additionally, there were individual differences, as risk perception at the production stage was highly correlated with risk perception at home, meaning that some people perceived more risk than others overall. Using a multiple regression analysis, we found food-safety perceptions to be barely significant next to other important variables affecting people’s meat-consumption decisions. For those analyses, we asked participants to assess several constructs previously found to be associated with meat consumption. The goal was to determine how food-safety perceptions influence people’s meat consumption next to other important constructs in situations in which no major food scandal is present. The present paper concludes by discussing possible marketing and policy strategies to overcome people’s inaccurate safety perceptions of the stages of the total food chain.     

The mediating role of happiness on the effect of locomotion and effort on salesperson’s performance and cross-selling: the case of financial insurance

In this study, the authors propose a theoretical framework and show how salespeople’s locomotion orientation and effort increase financial sales outcomes (e.g., performance and cross-selling). We propose that a salesperson’s happiness plays a mediating mechanism in these main effects. The authors collected data from two samples. In Study 1, the authors collected data from financial insurance brokers, which worked as a link between insurance companies and customers. In Study 2, the authors analyzed answers from salespeople working on home improvement and construction products and services. First, the results demonstrate that the salespersons’ locomotion (an orientation toward a behavior), effort, and happiness increased sales performance (main effects). Second, salespersons’ locomotion and effort have an indirect effect through individuals’ happiness on our dependent variables, such as sales performance, product performance and cross-selling. Firms can improve individuals’ locomotion and effort by developing goal setting and goal striving.

     

Is managerial ability a moderator? The effect of credit risk and liquidity risk on the likelihood of bank default

This study investigates the effect of credit and liquidity risks as well as the moderating role of managerial ability on the likelihood of European commercial bank default during the period 2006 to 2017. We employ data envelopment analysis and a tobit model to measure banks' efficiency, the z-score to measure the likelihood of their default, and perform endogeneity and model specification robustness tests. Our results reveal that both risks significantly affect the likelihood of bank default and that the high skill of managers does not attenuate this effect. Rather, in the case of credit risk, managerial ability extenuates this effect. Managerial overconfidence and narcissism may explain the latter result. Another plausible explanation is that highly skilled managers who are likely to be rewarded with performance-based compensation schemes may be incentivized to hide bad news for an extended period of time. Such a scenario would increase the likelihood of bank default.     

The size effect on stock returns: Is it simply a risk effect not adequately reflected by the usual measures?

One of the satisfactory explanations of the size effect would seem to be in the inadequacy of the usual measure of risk as an appropriate ex ante proxy for risk. One of the ex ante measures is provided by the Standard and Poor's quality rankings for common stocks and is examined in this paper. It is shown that the quality rankings assigned by security analysts are superior over beta and variance measures of risk in explaining returns and in subsuming the size effect. These results are consistent with the hypothesis that the size effect mainly reflects a risk effect and that a significant part of the latter is not caught by the usual beta and variance measures.     

My computer is infected: the role of users’ sensation seeking and domain-specific risk perceptions and risk attitudes on computer harm

Literature has traditionally shown the potentially harmful consequences of risk-taking in a variety of domains. Less scholarly attention, however, has been directed to the study of risk-taking in the computer use domain. Using scanned data from 1902 computers, we sought to analyze the potentially harmful consequences that sensation-seeking and computer use risk perceptions and attitudes had on users’ computer vulnerability. Results of the study indicated that general sensation-seeking as well as computer use risk perceptions and risk attitudes were predictive of computer harm. The general measure of sensation-seeking was predictive of both risk perceptions and risk attitudes which in turn translated into the existence of malicious software in users’ computers.     

The first course in accounting: students’ perceptions and their effect on the decision to major in accounting

Little empirical evidence exists regarding students’ perceptions of the first course in accounting and the effect of these perceptions on deciding whether or not to major in accounting. The purpose of this study is to begin examining student perceptions regarding the first accounting course and how those perceptions relate to selection of accounting as a major. The study separately examines initial perceptions and changes in perceptions over the semester for intended accounting and non-accounting majors, and assesses the association of individual accounting instructors with changed student perceptions. We then examine the relationship between perceptual changes, final grades, and individual instructors on decisions to major in accounting. Responses from 331 introductory financial accounting students from two universities indicate that while intended accounting majors perceived the course more favorably than non-accounting majors at the beginning and end of the semester, both groups exhibited relatively positive attitudes toward the course. However, these attitudes were similarly less favorable by the end of the course for both groups. We also found evidence of the important role individual instructors play regarding changing student perceptions and selection of accounting as a major. The analyses for selection of accounting as a major indicate that the decision depended on initially intending to major in accounting, performance in the first course, and individual instructors, but not on changes in perception regarding the first course.     

Examining inequities in children’s environmental health: results of a survey on the risk perceptions and protective actions of new mothers

Young children are more highly exposed and vulnerable to environmental health hazards than adults due to a variety of physiological and behavioural factors. Despite the significant responsibility mothers typically bear in managing their children’s health, little is known about how they perceive and negotiate these risks in their day-to-day lives. To better understand mothers’ environmental health risk perceptions and associated protective actions across socio-economic and geographic contexts, a telephone survey was conducted among new mothers (n = 606) recruited through two Public Health Units in Ontario, Canada. Analyses revealed that approximately half of the respondents were moderately or highly concerned about environmental health risks, ranging in nature from household products to outdoor air contaminants. Factors affecting the likelihood of experiencing concern included lower income and lower levels of perceived control. With regard to protective actions, 43% reported taking three or more actions to reduce environmental health risks to their children, with the likelihood of taking action being negatively affected by factors including low income and first language other than English or French, and positively affected by being a first-time parent (primiparous). This study contributes to our understanding of environmental health risk perceptions and associated protective behaviours among new mothers, and has implications for the development of more context-focused risk management and communication strategies.     

Accountants’ hybridization and juridification: a critical reflection on the fight against organized crime

Policy-makers and regulators are increasingly focusing on fighting organized crime. Preventing criminal organizations infiltrating an economy involves multiple groups of professionals operating in complex regulatory environments. This paper looks at whether the current regulations for the management of assets seized from organized crime are adequate. The focus is on the Italian setting, and the research included interviews with accountants, judges and police officers involved in the management of seized entities. The results have application worldwide.