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New development: The behavioural effects of risk management in higher education
Public Money & Management ( IF 2.2 ) Pub Date : 2021-08-04 , DOI: 10.1080/09540962.2021.1959985
Anil K. Narayan 1 , John Kommunuri 1
Affiliation  

IMPACT

This article will be useful to policy-makers and managers to gain control over risk-taking behaviour in higher education institutions (HEIs). It provides an understanding of often overlooked psychological hurdles. The article assists policy-makers and managers in formulating sound risk management policies and frameworks. In addition, it builds a risk-awareness culture showing how to avoid behavioural pitfalls and over-ambitious target-setting that is putting many HEIs under extreme financial risk

ABSTRACT

Risk management is gaining increasing importance in the higher education sector, but risk-taking behaviours associated with human vulnerabilities are not well understood. This article offers new insights into people’s risk-taking behaviour and the consequences for higher education institutions. The authors discuss core psychological and socio-cultural issues associated with behavioural risk management and propose ideas to help overcome risk-taking behavioural problems.



中文翻译:

新发展:高等教育风险管理的行为效应

影响

本文将有助于政策制定者和管理者控制高等教育机构 (HEIs) 的冒险行为。它提供了对经常被忽视的心理障碍的理解。本文协助政策制定者和管理者制定健全的风险管理政策和框架。此外,它建立了一种风险意识文化,展示了如何避免使许多高等教育机构面临极端财务风险的行为陷阱和过于雄心勃勃的目标设定

抽象的

风险管理在高等教育领域正变得越来越重要,但与人类脆弱性相关的冒险行为并未得到很好的理解。本文对人们的冒险行为及其对高等教育机构的影响提供了新的见解。作者讨论了与行为风险管理相关的核心心理和社会文化问题,并提出了帮助克服冒险行为问题的想法。

更新日期:2021-08-04
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