in an economy driven by innovation and knowledge … in marketplaces engaged in intense competition and constant renewal … in a world of tremendous opportunities and risks … in a society facing complex business, political, scientific, technological, health and environmental challenges … and in diverse workplaces and communities that hinge on collaborative relationships and social networki…
Social networking forms an important part of online activities of Web users. Web sites such as Facebook, MySpace and Orkut have millions of users using them everyday. However, these sites present two problems. Firstly, these sites form information silos. Information on one site is not usable in the others. Secondly such sites do not allow users much control over how their personal information i…
A social network is a social structure made up of individuals or organizations called nodes, which are connected by one or more specific types of interdependency, such as friendship, common interest, and exchange of finance, relationships of beliefs, knowledge or prestige. A cyber threat can be both unintentional and intentional, targeted or non targeted, and it can come from a variety of sourc…
The main purpose of this research is to analyze the impact of social networks on educational process in Romanian higher education. Employing a theoretical framework regarding the educational value of the social networking web sites, we propose a model of implementing Facebook usage in higher education leaning processes. In order to support our argument, data were gathered through a survey on st…
Abstract: Cloud computing has made it possible for private companies to make rapid changes in their computing environments. However, in the public sector, security issues hinder institutions from adopting cloud computing. To solve these security challenges, in this paper, we propose a methodology for information security management, which quantitatively classifies the importance of informat…
In this Recommendation, the expression "Administration" is used for conciseness to indicate both a telecommunication administration and a recognized operating agency. Compliance with this Recommendation is voluntary. However, the Recommendation may contain certain mandatory provisions (to ensure e.g. interoperability or applicability) and compliance with the Recommendation is achieved when …
The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Enterprise risk management (ERM) has emerged as a new paradigm for managing the portfolio of risks that face organizations and delivers syner-gic value by exploiting natural hedges. Proponents of ERM claim that ERM is designed to enhance the shareholder value (SHV). Increasing numbers of re-searchers have studied the impact of ERM on a firms’ value (value creation) and found a positive correl…
This paper studies a strategy that minimizes the risk of a position in a zero coupon bond by buying a percentage of a put option, subject to a fixed budget available for hedging. We consider two popular risk measures: Value-at-Risk(VaR) and Tail Value-at-Risk (TVaR). We elaborate a formula for determining the optimal strike price for this put option in case of a Hull-White stochastic interes…
Globalization of markets, the extremely fast pace of technology, especially in communications technology, increasingly fierce competition between credit institutions to provide the most competitive products and services to customers led to an acceleration of activities in the banking system internationally. The cooperative banks have undergone extensive reforms since 2006, pursuing their re…
The purpose of this study was to investigate the effects of firm size on enterprise risk management for the listed firms in Kenya. Effectiveness of enterprise risk management is measured by financial performance of the listed firms. A descriptive research design was used. Theoretically, ERM adds value to an organization, however there is disagreement among scholars on whether ERM add value to a…
Accenture 2013 Global Risk Management Study Many organizations say they want to make better use of analytics, but it is apparent that there is still plenty of ground to cover here. High-performance risk management organizations are taking a focused approach to embed analytics into their management processes. They are doing so by, among other measures, improving data quality and developi…
This study integrated concepts from upper echelons, group process and social cognition theories to investigate how demographic diversity and group processes influence strategic consensus within the top management team (TMT), where strategic consensus is defined as the degree to which individual mental models of strategy overlap. Data from 76 high-technology firms in the United States and Ir…
Corporate governance has grown in importance due to the poor financial state of affairs of many companies in the past decade. Good corporate governance is perceived to increase firm value because it may help to reduce agency problems and build investors‘ confidence. Moreover, it is perceived that good corporate governance not only reduces the risk of fraud and corporate collapse, but also cre…
The effect of the financial crisis on enterprise risk management (ERM) disclosures was examined through a content analysis of the 2007 and 2008 annual reports of Canadian financial corporations listed on the S&P TSX Composite Index. Fourteen types of risk were tracked and categorized by level of risk exposure, risk consequence and risk management disclosures. We found very minor changes in …
This 15th edition of Energy Efficiency Trends in Canada delivers on Canada’s commitment to provide a comprehensive summary of secondary energy use and related greenhouse gas (GHG) emissions in Canada. It also tracks trends in energy efficiency. This year’s edition is produced electronically and in paper format. For more secondary energy use statistics, see the comprehensive energy use d…