• Title/Summary/Keyword: Risk management factors

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Factors Which Affect Risk Perception of Medications Containing Asbestos (의약품 사건의 리스크 인식에 영향을 주는 요인: 석면 함유 의약품 사건을 중심으로)

  • Jeon, Mi-Sook;Cheong, Jae-Hoon;Sohn, Aeree
    • Korean Journal of Clinical Pharmacy
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    • v.23 no.3
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    • pp.269-277
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    • 2013
  • Objectives: The purpose of this study was to identify the factors which affect risk perception and attitude on government risk management over medications containing asbestos among parents of elementary school students. Methods: This research design was cross-sectional study using self-administered questionnaire. The survey subjects were parents of elementary school students in Seoul, total of 1,051 subjects. The survey period was from June through July of 2011. The collected data were analyzed using the SPSS 20.0. Results: The subjects perceived high risk regarding medications containing asbestos. About 83.6% of the subjects perceived that the result taking of medications containing asbestos was fatal, 82.8% felt that medications containing asbestos was a very serious social problem, 79.5% agreed that medications containing asbestos was a new type of threat. The risk perception for medications containing asbestos was related to political affiliation, attitudes of dealing medicines, main use of media, and personal communication credibility. Those who did not believe that the current government policy was correct and the government was working toward the public's benefit and not its own had the higher level of negative attitudes towards the government's risk management over the case of medications containing asbestos. Conclusion: In implementing government policy, all information should be efficiently and accurately communicated through a transparent implementation process. Also, the government must have plans for countermeasures in case of an emergency and respond efficiently in order to maintain their credibility. Moreover, this highlights the need for health authorities to exert more effort in increasing public education/awareness, especially those concerning drug and dug-taking behavior, in order to harness positive attitude and trust towards the government's policy. For a more effective risk communication, the media, health experts, government representatives, and related industries should work together.

Safety Management Information System in Roads Construction Work (도로 건설공사의 안전관리정보시스템 개발)

  • Park, Jong-Keun
    • Journal of the Korean Society of Safety
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    • v.27 no.2
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    • pp.72-77
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    • 2012
  • There are insufficient models that find problems and solutions for accident prevention through risk assessment and suggest safe work process and work instruction from foundation works to finish work for accident decrease. This paper presents a quantitative risk assessment model by analysis of risk factors in each process such as earth works, drainage works, pavement works, appurtenant works and etc based on accident examples and investigation on actual condition in roads construction work. In addition, the safety management system was developed to perform risk assessment of construction and use it for effective safety training for labor.

Safety Management Information System in Bridges Construction Work (교량 건설공사의 안전관리정보시스템 개발)

  • Park, Jong-Keun
    • Journal of the Korean Society of Safety
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    • v.26 no.5
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    • pp.73-80
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    • 2011
  • There are insufficient models that find problems and solutions for accident prevention through risk assessment and suggest safe work process and work instruction from foundation works to finish work for accident decrease. This paper presents a quantitative risk assessment model by analysis of risk factors in each process such as foundation, erection, pier, pier upper and etc based on accident examples and investigation on actual condition in bridges construction work. In addition, the safety management system was developed to perform risk assessment of construction and use it for effective safety training for labor.

Risk Attitude Analysis between Construction Investor and Loan Investor in International PPP Project (해외투자개발사업의 건설투자자와 금융투자자간 리스크 태도 분석)

  • Park, Chan Young;Han, Seung-Heon;Jung, Wooyong
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.5
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    • pp.137-148
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    • 2019
  • Many construction developers have tried to develop the international PPP (Public-Private Partnership) projects but frequently failed to gain loan investor approval from loan investor. Many of these failures were caused by the risk attitude gaps among project stakeholder. This study aims to compare the risk attitude between the construction investor and loan investor. This study investigated how much differently 21 construction investors and 21 loan investor recognize the risk magnitude corresponding to the same three risk status of 27 risk factors. Construction investors show a more risk-seeking attitude than loan investor in 58 of 81 risk status. Loan investors show a more risk-averse attitude than construction investors in 9 risk factors. These results will contribute to developing the successful PPP project by reducing the risk perception gap between construction investors and loan investors.

Does Disposition Effect Appear on Investor Decision During the COVID-19 Pandemic Era: Empirical Evidence from Indonesia

  • ASNAWI, Said Kelana;SIAGIAN, Dergibson;ALZAH, Salam Fadillah;HALIM, Indra
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.4
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    • pp.53-62
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    • 2022
  • Disposition Effect (DE) is one of the many investment biases, wherein the investors sell the profitable stocks rather quickly and they tend to hold on the loss making stocks. Various factors related to the DE are the character of investors applying risk management which is also influenced by the social media, Salient Shock (COVID-19), and in the specific case of Indonesia, the phenomenon of rumor stocks wherein the price can rise as much as up to 8500%. The study aims to provide empirical evidence regarding the DE with specific explanatory factors, namely investor behavior and rumors. Data was obtained through a questionnaire sent to 248 Indonesian Stock Exchange Investors (IDX) during the period October-November 2021 by using Ordinary Least Square (OLS) method. The results show: Generation Z, women, and investors with a low education has a greater DE, risk-takers tend to have lower DE, and professionals have negative DE. Implementation of risk management will reduce DE. Social Media and the COVID-19 situation positively affect DE. Especially on stock rumors, there is evidence that investors who own rumor stocks will have a low DE. The results indicate the need for: (i) risk management, especially for Z Generation, women and low education Investors, (ii) to provide positive information so that information on social media can be responded to positively.

Risk Analysis and Classification of Public-Private Partenership in Project Financing Process (민관합동형 PF사업의 단계별 리스크 분류 및 위험도분석)

  • Park, Hye-Sung;Kim, Sun-Kuk
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.5
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    • pp.117-126
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    • 2011
  • With Public-private partnership PF (project financing) deals saw explosive increase in quantity since its introduction to Korea in 2001, but, met with severe recession in the fallouts of the financial crisis that hit the global economy in 2008. This study intends to identify the risk factors corresponding to issues of public-private partnership projects financing structure and classify and analyze them by project phase. Outcomes of this research are expected to help recognize risk factors in each project phase during project planning and develop risk control and mitigation strategy during project implementation.

The Effects of Personality Factors of the Prep Entrepreneurs in Food Service Industry on Entrepreneurial Intention: Focusing on the Risk Sensitivity

  • Park, Cheol-Woo;Bae, Gumkwang
    • Culinary science and hospitality research
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    • v.23 no.6
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    • pp.118-126
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    • 2017
  • The purposes of this study were to estimate the relationship between Big 5 personality factors of prep-entrepreneur and entrepreneurial intention, and to identify the moderating effects of risk sensitivity on the relationship. There is a total of 181 questionnaire surveys distributed and 152 data were used for analysis with erasing incomplete responses. The data analysis was conducted to utilize frequency analysis and regression analysis with SPSS WIN 22.0. The results of this study demonstrated that there are only 2 factors, neuroticism and extraversion, significantly influence on entrepreneurial intention, while conscientiousness, agreeableness and openness to experience do not have significant impacts on entrepreneurial intention. Furthermore, risk sensitivity effects on the relationship between Big-5 personality factor and entrepreneurial intention. This study may contribute to help prep-entrepreneur by using baseline data. Prep- entrepreneur could know their personality factor and confirm their consideration about entrepreneurial intention. Meanwhile, for the market-oriented implication, this study suggested that it is instrumental and significant for knowing prep-entrepreneur's personality factor and their entrepreneurial intention before starting foodservice business.

Failure Modes and Effects Analysis by using the Entropy Method and Fuzzy ELECTRE III (엔트로피법과 Fuzzy ELECTRE III를 이용한 고장모드영향분석)

  • Ryu, Si Wook
    • Journal of the Korea Safety Management & Science
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    • v.16 no.4
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    • pp.229-236
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    • 2014
  • Failure modes and effects analysis (FMEA) is a widely used engineering tool in the fields of the design of a product or a process to improve its quality or performance by prioritizing potential failure modes in terms of three risk factors-severity, occurrence, and detection. In a classical FMEA, the risk priority number is obtained by multiplying the three values in 10 score scales which are evaluated for the three risk factors. However, the drawbacks of the classical FMEA have been mentioned by many previous researchers. As a way to overcome these difficulties, this paper suggests the ELECTRE III that is a representative technique among outranking models. Furthermore, fuzzy linguistic variables are included to deal with ambiguous and imperfect evaluation process. In addition, when the importances for the three risk factors are obtained, the entropy method is applied. The numerical example which was previously studied by Kutlu and Ekmekio$\breve{g}$lu(2012), who suggested the fuzzy TOPSIS method along with fuzzy AHP, is also adopted so as to be compared with the results of their research. Finally, after comparing the results of this study with that of Kutlu and Ekmekio$\breve{g}$lu(2012), further possible researches are mentioned.

The Type of Employment and Occupational Injuries - Based on Household Survey - (가구조사를 통해 본 고용형태와 작업관련 손상 경험)

  • Park, Jong-Shik;Rhee, Kyung-Yong
    • Journal of the Korea Safety Management & Science
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    • v.14 no.4
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    • pp.137-145
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    • 2012
  • This study was planned to analyze the effect of the types of employment on work-related injury experience. The types of employment may have influenced on working conditions including the exposure to risk factors. Korean Working Conditions Survey have collected the various working conditions as household survey with structured questionnaire. The probability of work-related injury of self-employed is more than that of regular worker. But there is no difference of probability of work-related injury experience between regular and irregular worker controlled by general characteristics and the exposure to risk factors. Authors have found that the type of employment have indirect effect on work-related injury experience via the exposure to risk factors. The result of this study may be heuristic one because of data limitation as cross sectional survey data. In future, well designed survey data can evaluate the effect of the type of employment on safety and health status.

A Study on Establishment of Similar Expousre Groups(SEGs) for Chemical and Biological Risk Factors in Farm Work (농작업시 발생하는 화학적 및 생물학적 위험요인에 대한 유사노출작업군 설정 연구)

  • Lee, Minji;Sin, Sojung;Kim, Hyocher;Heo, Jinyoung;Ahn, Minji;Kim, Kyungran;Kim, Kyungsu
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.30 no.3
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    • pp.292-298
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    • 2020
  • Objectives: The aim of this research is to establish Similar Exposure Groups (SEGs) for chemical and biological risk factors that occur in farm work involving 24 tasks among 15 crops. Methods: To categorize SEGs, work type, work environment, and similar tasks for each crop were considered. After confirming the chemical risk factors (pesticides, inorganic dust-total dust and PM10, ammonia, and hydrogen sulfide) and biological factors (organic dust-total dust and PM10, and endotoxins) that occur in the crops and tasks, similar crops and tasks were selected as SEGs. Results: Among chemical risk factors, pesticides was selected for the SEGs, which was categorized by open field, greenhouse, fruit, and specialty crops. For inorganic dust, open field (plowing harrowing, seedling, planting, harvest, and sorting and packing) and specialty crops (plowing harrowing, seedling, planting, and harvest) were selected as SEGs. For ammonia and hydrogen sulfide, livestock (preparation of farm, management of nursery bed, feeding, shipment and manure treatment) were selected as SEGs. For biological risk factors such as organic dust (total dust, PM10) and endotoxins, open field (manure application), greenhouse (plowing harrowing, planting, manure application, and harvest), fruit (manure application), specialty crops (manure application, making furrows, mixing mushroom media, harvest, and sorting and packing), and livestock (preparation of farm, maintaining poultry litter, feeding, shipment and manure treatment) were selected as SEGs. Conclusions: To establish similar exposure groups in agriculture, it is important that the characteristics of each hazard factor are categorized by identifying risk factors occurring by tasks.