Proceedings of the 4th Asia Pacific Management Research Conference (APMRC 2022)

Qualitative Paradigm of Risk Management

Authors
Lufina Mahadewi1, 2, *, Surachman Surachman1, Djumilah Hadiwidjojo1, Nur Khusniyah Indrawati1
1Department of Management, Faculty of Economics and Business, Brawijaya University, Malang, Indonesia
2Sekolah Tinggi Manajemen PPM, Jakarta, Indonesia
*Corresponding author. Email: mahadewilufina@gmail.com
Corresponding Author
Lufina Mahadewi
Available Online 12 December 2022.
DOI
10.2991/978-94-6463-076-3_35How to use a DOI?
Keywords
Risk Management; Behavioral Risk; Qualitative Paradigm
Abstract

Researches on risk management in the context of entrepreneurship have limitations in examining behavioral aspects as a research paradigm. The use of a qualitative research paradigm has relevance in understanding the human perspective on the role of risk management in creating entrepreneurial value and applying ethical values in entrepreneurial actions. The research method used in this study is empirical and theoretical studies in the area of entrepreneurship and risk management. Future research on the relevance of experience based on the act of subjectivity reveals and provides insight into the discussion of risk management, especially from the behavioral side of entrepreneurs. Future research is expected to reveal the relevance of risk management in entrepreneurial activities as well as the limitations of the focus of risk management research that is centered on financial institutions. An understanding of the concept of human behavior in a review from psychology and sociology through a qualitative paradigm provides an overview of improving entrepreneurial outcomes through the implementation of risk management which is motivated by entrepreneurial efficiency. The entrepreneurial risk management research framework is formed to reveal the social construction of business philosophy and risk that is colored by cultures and individual values, along with future research directions focused on the qualitative paradigm of risk management.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 4th Asia Pacific Management Research Conference (APMRC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
12 December 2022
ISBN
10.2991/978-94-6463-076-3_35
ISSN
2352-5428
DOI
10.2991/978-94-6463-076-3_35How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Lufina Mahadewi
AU  - Surachman Surachman
AU  - Djumilah Hadiwidjojo
AU  - Nur Khusniyah Indrawati
PY  - 2022
DA  - 2022/12/12
TI  - Qualitative Paradigm of Risk Management
BT  - Proceedings of the 4th Asia Pacific Management Research Conference (APMRC 2022)
PB  - Atlantis Press
SP  - 456
EP  - 465
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-076-3_35
DO  - 10.2991/978-94-6463-076-3_35
ID  - Mahadewi2022
ER  -