The Risk Management Process in Jordanian Public Shareholding Organisations

  •  Adel Al Khattab    
  •  John Hood    


Risk management, as a business practice in developing and emerging nations, is an under-researched area. The aim of this paper is to contribute to the development of risk management theory and practice by examining the determinants of the integration of risk management within public shareholding organizations in an Arab country, Jordan.

A survey strategy was used and questionnaires were distributed to Jordanian organizations listed on the Amman Stock Exchange. Parametric statistics such as Pearson’s correlation coefficient and analysis of variance were used to achieve the aim and objectives, which were all related to risk management practice and its wider implications for general management.

The main finding of this research is that the level of integrated risk management within many Jordanian organizations is variable, but that it is significantly correlated with the type of industry; financial organizations are more likely to be involved in risk management than service or industrial organizations.


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