Risk Appetite, Risks of Business Continuity, managerial Ability and Accountability

Message:
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:

The present study investigates the role of Managerial ability in designing and using the risk appetite document as one of the new and developed management tools to reduce the risk of continuing the company's activities.The findings of this study show that in companies where management design the level of risk appetite and use risk appetite documents in the company's activities significantly reduces the risk of continuing the company's activities. Companies that have not designed and used the risk appetite document Have been challenged to reduce the risks of corporate business continuity.Risk appetite documents actually develop an integrated approach to the prevention of business continuity risks in all important activities of the company .The more capable the management is in developing and applying risk appetite documents, the more activities will be covered by the risk management process and the more parts of the company will be involved in preventing and countering the risks of business continuity. Finally, the results of this study show that the ability of management has emerged as an important indicator in reducing the risk of business continuity of companies.

Language:
Persian
Published:
Journal of accounting and social interests, Volume:11 Issue: 2, 2021
Pages:
1 to 20
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