Risk governance in the textile/clothing industry: A case study in medium enterprises
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Outros Autores: | , , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.26/49584 https://doi.org/Nuñez, M. A., Villanueva, E., Giraldo, L., Gomez, L., & Castaño, Y. (2023). Risk governance in the textile/clothing industry: A case study in medium enterprises. Dutch Journal of Finance and Management, 6(2), 25191. https://doi.org/10.55267/djfm/14137 https://doi.org/10.55267/djfm/14137 |
Resumo: | There are few studies on risk governance in medium-sized companies in the textile/clothing industry because it corresponds to an emerging field in which research is evolving. This is why it becomes a relevant field of study, to continue strengthening the development of these elements of risk management, to create and add value in the management of organisations from this field. In addition, medium-sized companies may have fewer resources to devote to analysis, planning and implementation of the topic than large companies. For this reason, the objective of this study is to analyse the risk governance in this type of company, to identify the guidelines and directives that govern it, describe the relationship between risk governance and corporate governance and, finally, refer to practices of risk culture, accountability and communication implemented under this conception. The study was developed using a methodology with a qualitative approach and descriptive scope. Semi-structured interviews with eight companies and one expert were used as an instrument for collecting information. The main findings of the research highlight that the companies that participated in the study are aware of the importance of structuring risk governance. However, most of the companies interviewed apply it empirically but are interested in working on its development. The need to formalise risk management processes and to consider the appropriate distribution of decision-making according to organisational structure and available resources is evident for medium-sized companies, particularly in the textile/clothing sector, however, this is a suggestion that could serve both nationally in Colombia and internationally and could favour the expected results in all sectors of the global economy. |
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Risk governance in the textile/clothing industry: A case study in medium enterprisesRisk governanceRisk managementMedium enterprisesTextile and clothing industryThere are few studies on risk governance in medium-sized companies in the textile/clothing industry because it corresponds to an emerging field in which research is evolving. This is why it becomes a relevant field of study, to continue strengthening the development of these elements of risk management, to create and add value in the management of organisations from this field. In addition, medium-sized companies may have fewer resources to devote to analysis, planning and implementation of the topic than large companies. For this reason, the objective of this study is to analyse the risk governance in this type of company, to identify the guidelines and directives that govern it, describe the relationship between risk governance and corporate governance and, finally, refer to practices of risk culture, accountability and communication implemented under this conception. The study was developed using a methodology with a qualitative approach and descriptive scope. Semi-structured interviews with eight companies and one expert were used as an instrument for collecting information. The main findings of the research highlight that the companies that participated in the study are aware of the importance of structuring risk governance. However, most of the companies interviewed apply it empirically but are interested in working on its development. The need to formalise risk management processes and to consider the appropriate distribution of decision-making according to organisational structure and available resources is evident for medium-sized companies, particularly in the textile/clothing sector, however, this is a suggestion that could serve both nationally in Colombia and internationally and could favour the expected results in all sectors of the global economy.info:eu-repo/semantics/publishedVersionIADITI Editions2024-02-04T09:29:26Z2024-02-042023-12-30T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://hdl.handle.net/10400.26/49584https://doi.org/Nuñez, M. A., Villanueva, E., Giraldo, L., Gomez, L., & Castaño, Y. (2023). Risk governance in the textile/clothing industry: A case study in medium enterprises. Dutch Journal of Finance and Management, 6(2), 25191. https://doi.org/10.55267/djfm/14137http://hdl.handle.net/10400.26/49584https://doi.org/10.55267/djfm/14137eng2542-4750https://www.djfm-journal.com/article/risk-governance-in-the-textile-clothing-industry-a-case-study-in-medium-enterprises-14137http://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessNuñez, Maria AntoniaVillanueva, EduartGiraldo, LuisaGomez, LeidyCastaño, Yomarreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-02-10T06:39:47Zoai:comum.rcaap.pt:10400.26/49584Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T02:37:28.100636Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Risk governance in the textile/clothing industry: A case study in medium enterprises |
title |
Risk governance in the textile/clothing industry: A case study in medium enterprises |
spellingShingle |
Risk governance in the textile/clothing industry: A case study in medium enterprises Nuñez, Maria Antonia Risk governance Risk management Medium enterprises Textile and clothing industry |
title_short |
Risk governance in the textile/clothing industry: A case study in medium enterprises |
title_full |
Risk governance in the textile/clothing industry: A case study in medium enterprises |
title_fullStr |
Risk governance in the textile/clothing industry: A case study in medium enterprises |
title_full_unstemmed |
Risk governance in the textile/clothing industry: A case study in medium enterprises |
title_sort |
Risk governance in the textile/clothing industry: A case study in medium enterprises |
author |
Nuñez, Maria Antonia |
author_facet |
Nuñez, Maria Antonia Villanueva, Eduart Giraldo, Luisa Gomez, Leidy Castaño, Yomar |
author_role |
author |
author2 |
Villanueva, Eduart Giraldo, Luisa Gomez, Leidy Castaño, Yomar |
author2_role |
author author author author |
dc.contributor.author.fl_str_mv |
Nuñez, Maria Antonia Villanueva, Eduart Giraldo, Luisa Gomez, Leidy Castaño, Yomar |
dc.subject.por.fl_str_mv |
Risk governance Risk management Medium enterprises Textile and clothing industry |
topic |
Risk governance Risk management Medium enterprises Textile and clothing industry |
description |
There are few studies on risk governance in medium-sized companies in the textile/clothing industry because it corresponds to an emerging field in which research is evolving. This is why it becomes a relevant field of study, to continue strengthening the development of these elements of risk management, to create and add value in the management of organisations from this field. In addition, medium-sized companies may have fewer resources to devote to analysis, planning and implementation of the topic than large companies. For this reason, the objective of this study is to analyse the risk governance in this type of company, to identify the guidelines and directives that govern it, describe the relationship between risk governance and corporate governance and, finally, refer to practices of risk culture, accountability and communication implemented under this conception. The study was developed using a methodology with a qualitative approach and descriptive scope. Semi-structured interviews with eight companies and one expert were used as an instrument for collecting information. The main findings of the research highlight that the companies that participated in the study are aware of the importance of structuring risk governance. However, most of the companies interviewed apply it empirically but are interested in working on its development. The need to formalise risk management processes and to consider the appropriate distribution of decision-making according to organisational structure and available resources is evident for medium-sized companies, particularly in the textile/clothing sector, however, this is a suggestion that could serve both nationally in Colombia and internationally and could favour the expected results in all sectors of the global economy. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-12-30T00:00:00Z 2024-02-04T09:29:26Z 2024-02-04 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.26/49584 https://doi.org/Nuñez, M. A., Villanueva, E., Giraldo, L., Gomez, L., & Castaño, Y. (2023). Risk governance in the textile/clothing industry: A case study in medium enterprises. Dutch Journal of Finance and Management, 6(2), 25191. https://doi.org/10.55267/djfm/14137 http://hdl.handle.net/10400.26/49584 https://doi.org/10.55267/djfm/14137 |
url |
http://hdl.handle.net/10400.26/49584 https://doi.org/Nuñez, M. A., Villanueva, E., Giraldo, L., Gomez, L., & Castaño, Y. (2023). Risk governance in the textile/clothing industry: A case study in medium enterprises. Dutch Journal of Finance and Management, 6(2), 25191. https://doi.org/10.55267/djfm/14137 https://doi.org/10.55267/djfm/14137 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
2542-4750 https://www.djfm-journal.com/article/risk-governance-in-the-textile-clothing-industry-a-case-study-in-medium-enterprises-14137 |
dc.rights.driver.fl_str_mv |
http://creativecommons.org/licenses/by/4.0/ info:eu-repo/semantics/openAccess |
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http://creativecommons.org/licenses/by/4.0/ |
eu_rights_str_mv |
openAccess |
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IADITI Editions |
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IADITI Editions |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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