Employee Perception of Risk Management Practices and Organizational Commitment
Abstract
Purpose: The study determines employee perception of risk management practices and organizational commitment in Private Banks of Balochistan. Earlier studies in the field highlight the importance of HR practices during organizational transition since it may be necessary to influence employee behavior to support the change's direction. By implementing HR practices that encourage change, The HR department is in an excellent position to effect positive perception.
Methodology: Using a quantitative research approach, this study evaluates the relationship between employee perception of risk management practices and organizational commitment in the banking sector.
Findings: The study's findings for banking sector organizations, supporting them in better understanding the elements that influence employee perceptions of risk management practices and their commitment to the organization. The study's findings could be used to design focused initiatives to improve risk management practices and increase employee happiness and organizational effectiveness.
Implications: This study may provide a foundation for future research in related domains by contributing to existing knowledge on risk management and organizational commitment. Finally, the study hopes to promote a risk-aware culture within the banking sector, resulting in a more engaged and resilient workforce and boosting these organizations' long-term prosperity and stability.
Downloads
Article Analytics Summary
References
Ahmad, N., & Kamarudin, N. (2019). Risk management and employee productivity: A review of the literature. Journal of Business and Retail Management Research, 169-175.
Albrecht, S., & Stöttinger, B. (2020). A typology of risk types in international business. Journal of International Business Studies, 292-309.
Al-Mahrouq, M. S., Ahmad, K., & Ahmad, S. (2019). The impact of risk management practices on employee productivity: Evidence from the Jordanian banking sector. International Journal of Business and Management, pp. 121–132.
Alzahrani, M. A. (2021). The impact of risk management practices on employee productivity:
Evidence from Saudi Arabian manufacturing firms. Journal of Business and Management Research, 7-15.
Anand, M., & Singh, R. K. (2020). Risk classification and its impact on risk management. Journal of Risk Management in Financial Institutions, pp. 101–116.
Andersson, T., & Edenius, M. (2019). A review of risk types and their measurement in project risk management literature. International Journal of Project Management, 160-170.
Arshad, M. W., Ahmed, R., & Sial, M. S. (2021). The impact of risk management practices on employee productivity: Evidence from the Pakistani insurance industry. Journal of Risk Research, pp. 425–438.
Aryee, S., Walumbwa, F.O., Seidu, E.Y., & Otaye, L.E. (2012). The influence of highperformance work systems on individual and branch performance A multi-level model of intermediate linkage was tested. Journal of applied phycology, pp. 287–300. DOI: https://doi.org/10.1037/a0025739
Atkinson, K. R., & Brown, J. C. (2017). An examination of Canadian technology firms. Journal of Business Continuity & Emergency Planning, pp. 302–310.
Badiru,adedeji B.,et al. (2020). Risk management and employee productivity in the pharmaceutical industry. Journal of production research, 5641-5654.
Beijer, S., peccie, R., Van Veldhoven, M., & Paauwe, J. (2019). The turn to employees in the measurement of human resource practices: A critical review and proposed way forward. Human resource management journal, 1748-8583. DOI: https://doi.org/10.1111/1748-8583.12229
Bhatnagar, J. (2019). A study of banks in India. International Journal of Human Resource Management, 1621-1642.
Bhuiyan, N. (2018). Impact of risk management practices on employee productivity: A study on the banking industry of Bangladesh. Journal of Risk Research, pp. 907–923.
Bowen, D. E., & Ostroff, C. (2004). Understanding HRM firm performance linkage. The role of the strength of the HRM system. Academy of management review, 203-221. DOI: https://doi.org/10.5465/amr.2004.12736076
Bubas,Goran,et al. (2019). The relationship between risk management and employee productivity in the retail industry. Economic research, 649-665.
Cho, m. ,. (2021). impact of risk management and employee productivity in the hospital industry. Journal of hospitality and tourism research, 840–855.
de Almeida, A. T., de Oliveira, M. P. V., & de Oliveira, M. G. (2020). A thorough literature analysis on the connection between risk management and organizational performance. International. Journal of Risk Assessment and Management, 247-268.
Den Hartog, D. N., Boon, C., Verburg, R.M., & Croon, M.A. (2013). HRM communication, Satisfaction, and perceived performance. A cross-level test. Journal of Management, 16371665. DOI: https://doi.org/10.1177/0149206312440118
Gbadamosi, A. E. (2020). Impact of risk management on employee productivity in the construction industry. Journal of Construction, Engineering, and Management, 1-12.
Hopkin, P. (2012). Institute of risk management. 68.
Ismail, I. M., & Zainuddin, Y. (2019). The impact of risk management practices on employee productivity: Evidence from Malaysian public sector organizations. Journal of Public Affairs, e2014.
Jha, A. K. (2017). Risk management and classification: A review of the literature. Journal of Risk Management, pp. 41–53.
Kader, S. H., & Azeem, M. (2019). Risk classification and management: A critical review. Journal of Risk Management and Insurance, 1-14.
Kallioras,D., & Katsanevakis,S. (2021). A critical review of risk types in natural risks research. Natural Risks, 2107-2131.
Kanwal, S., & Zahid, A. (2021). Effect of risk management on employee productivity: Evidence from Pakistan's banking sector. Journal of Business Continuity & Emergency Planning, 241254.
Khan, M. A., Khan, M. N., & Khattak, M. A. (2019). A review of risks in project management. International Journal of Scientific and Technology Research, 2218-2223.
Li, Y., Liang, X., & Liang, X. (2020). A systematic review of risk types in supply chain management research. International Journal of Production Economics.
Liao, Y. &. (2019). The effect of risk management practices on employee productivity in Taiwan's high-tech industry. Human Resource Management Review, pp. 170–180.
Melhem', I. i. (2016). Impact of human resources on risk management and company performance. 6.
Mohamad,Noor Azmi ,et al . (2017). Risk management and employee productivity in the aviation industry. Journal of air transport management, 89-97.
Oke, A. A. (2019). the relationship between risk management and employee productivity in the health care industry. International journal of healthcare management, pp. 259–270.
Rehman, S. U., Qureshi, M. A., & Saifullah, K. (2020). The impact of risk management on employee productivity: Empirical evidence from Pakistani insurance companies. Journal of Risk Research, pp. 702–719.
Saeed Khalid, e. A. (2018). risk management and employee productivity in the oil and gas industry. Journal of risk research, pp. 295–310.
Tabvuma, V., Harvey, C., & Tarba, S. Y. (2017). Employee job satisfaction, productivity, and organizational financial performance: A review of the literature and proposed conceptual framework. Human Resource Management Review, pp. 369–386.
Tversky, A., & Kahneman, D. (1974). Judgment under uncertainty. Heuristics and biases Science, 1124-1131. DOI: https://doi.org/10.1126/science.185.4157.1124
Watson, A. & Belton, B. (2018).
Zarei, Amir,et al . (2020). The effect of risk management on employee productivity in the telecommunication industry. Journal economics, commerce, and management, 5641-5654.
Copyright (c) 2023 Karar Hussain, Sheraz Ahmed, Muneer Hussain, Mir Hassan
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
CSRC Publishing and JAFEE adhere to Creative Commons Attribution-Non Commercial 4.0 International License. The authors, submitting and publishing in the Journal of Accounting and Finance in Emerging Economies published by CSRC Publishing, retain the copyright of their work and give the journal right to publish their work agreeing to the licensing policy under Creative Common Attribution-Non Commercial (NC-BY-NC 4.0) International. Under this license, the published authors let others remix, tweak, and build upon their work non-commercially. Yet all the other authors using the content of CSRC Publishing are required to cite author(s), journal name and publisher in their work. CSRC Publishing and JAFEE follow an Open Access Policy for copyright and licensing.
