Evidence map›Paper›PMID 40477510›Full record

ArticleGlobal journal of flexible systems management2021

Flexibility and Resilience in Corporate Decision Making: A New Sustainability-Based Risk Management System in Uncertain Times.

Davide Settembre-Blundo, Rocío González-Sánchez, Sonia Medina-Salgado, Fernando E García-Muiña

Abstract read
In one paragraph

Article in Global journal of flexible systems management, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 26 papers.

0numbers the graph read from it
0cells of the map it votes in
26citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

26 citing papers in PubMed.

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  12. Calculating Strategic Risk in Financial Institutions.Global journal of flexible systems management · 2023
    Article
  13. Review
  14. Article
  15. Prescriptive Analytics-Based SIRM Model for Predicting Covid-19 Outbreak.Global journal of flexible systems management · 2023
    Article
  16. Internet of Things Device Identification Algorithm considering User Privacy.Computational intelligence and neuroscience · 2022
    Article
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4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Davide Settembre-BlundoDepartment of Business Administration (ADO), Applied Economics II and Fundaments of Economic Analysis, Rey Juan-Carlos University, 28032 Madrid, Spain.
Rocío González-SánchezDepartment of Business Administration (ADO), Applied Economics II and Fundaments of Economic Analysis, Rey Juan-Carlos University, 28032 Madrid, Spain.
Sonia Medina-SalgadoDepartment of Business Administration (ADO), Applied Economics II and Fundaments of Economic Analysis, Rey Juan-Carlos University, 28032 Madrid, Spain.
Fernando E García-MuiñaDepartment of Business Administration (ADO), Applied Economics II and Fundaments of Economic Analysis, Rey Juan-Carlos University, 28032 Madrid, Spain.ORCID 0000-0002-7807-3715

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Risk management plays a key role in uncertain times, preventing corporations from acting rashly and incorrectly, allowing them to become flexible and resilient. A global turbulence such as the COVID-19 pandemic has had a strong impact on individual companies and entire economic sectors, raising the question of whether a paradigm shift is necessary, in order to enable a new cycle of development that is much environmentally, socially and economically sustainable. This environmental and socio-economic context of profound uncertainty forces organizations to consider more carefully the risk factors affecting their business continuity, as well as how these factors relate to sustainability issues. However, there is a gap in knowledge about how risk management systems relate to sustainability management systems, and how both of them exert influence on business performance, especially from a theoretical point of view. The aim of this study is to address this gap, by developing a new interpretative framework for the analysis of risk management strategies in organizations. This approach has been identified in economic hermeneutics as an innovative methodological tool to improve the knowledge of risk and design the most appropriate management strategies. The paper provides two main results: the first one is the construction of a theoretical model that relates risk management to sustainability management; the second one is an operational framework of multidimensional risk assessment useful for analysis at different levels (business, competitive scenario and system). Finally, the model also makes it possible to carry out a sustainability assessment through risk evaluation in the perspective of the sustainable development goals.

Indexed as

Decision makingEconomic hermeneuticsFlexibilityInterpretative analysisResilienceRisk managementSustainable development

Identifiers

PMID40477510
PMCPMC8329640

What OpenQuestion holds

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LicenceCC BY
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Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.