This research explores the impact of risk management practices on business performance. Objectives are: (1) to assess the effectiveness of risk management in mitigating business risks, (2) to analyze the relationship between risk management and business continuity, and (3) to identify key risk management strategies. A survey design is selected for its effectiveness in collecting quantitative data from a large sample. Using Taro Yamane's formula, the sample size is 350, ensuring comprehensive coverage. The study focuses on the financial services sector in Lagos, Nigeria, where risk management is critical. The reliability coefficient score is 0.88, indicating high consistency. Findings show that effective risk management practices significantly boost business performance by mitigating risks, ensuring business continuity, and enhancing resilience. Recommendations include prioritizing investment in advanced risk management systems and providing ongoing training to risk managers to maximize benefits.
Abstract
This study was carried out to examine the significance of effective leadership in achieving organizational...
Background to the Study
Industrialization has been the primary driver of economic expansion in the majority of developi...
Abstract: THE ROLE OF ACCOUNTING FOR TAX-EXEMPT INVESTMENT FUNDS
The objectives of this study are to: (1) analyze the accounting requirem...
ABSTRACT: The Impact of Soft Skills Development on Vocational Job Performance explores the influence of non-technical skills on the workplace effec...
ABSTRACT
This study was carried out to examine television and adolescent: inf...
Background Of Study
School gardens have a long history in our educational system, and they are currentl...
Background to the Study
Teachers have been recognized as indispensable human resource and indeed the single most vital element in the edu...
Background of the Study
Keyboarding abilities are described as the ability of office managers to enter...
Abstract
The consequences of drug abuse and alcoholism placed great burden on Nigerian society as it affected the econo...
THE IMPACT OF CULTURAL DIFFERENCES ON FIDUCIARY ACCOUNTING PRACTICES
Abstract: Cultural differences significantly influence fiduciary acc...