Evaluation of German Life Insurers Based on Published Solvency and Financial Condition Reports: An Alternative Model
Quantitative data relevant to the analysis was extracted from the individual Solvency and Financial Condition Reports reports and transferred to a systematic overview. To make the collected observations usable, they were transformed into various growth, profitability, and security ratios cited in the literature, thus enhancing comparability. The data transformed into ratios were presented in histograms with ten intervals each, and a score between one and ten was assigned depending on the ratio value. In addition, four qualitative risk categories were initially identified, based on which the model would be operationalized. These were underwriting risk, market risk, credit risk and operational risk. Artificial intelligence was used to design seven questions on the requirements of Article 295 of Delegated Regulation 2015/35. Specifically, there were questions on the methodology of risk assessment, the description of specific measures, the comprehensibility of the measures, information on risk concentrations and the impact on the risk profile of the company as a whole, and risk mitigation measures and their effectiveness. Points were awarded from one to four, depending on the quality of the text used to answer the questions, based on the Appelfeller and Feldmann maturity model.
A Comparative Analysis of E-commerce Consumer Purchasing Decisions: Taobao in Shanghai and Daraz in Dhaka
Findings from this study shed light on the e-commerce decision-making process and the ways in which cultural, social, individual, and environmental elements influence it, with a focus on the Chinese market. We surveyed a total of 150 people in Shanghai and 100 people in Dhaka, Bangladesh, using questionnaires. The findings highlight two obstacles that have a negative effect on the online retail industry and customer choice when purchasing goods online. The study compares Taobao and Daraz, focusing on their respective operational systems, market positioning, and distinctions.
Information Security Management System Practices in Kenya
This research analyzes international standards and frameworks that support organizations in Kenya in building, implementing, maintaining, and enhancing their ISMS (ISMS). Security risks are increasingly complex, and this study outlines best practices for managing those risks.
The Influence of Risk Management Culture and Process on Competitive Advantage: Mediation Role of Employee Engagement in Construction Companies in Senegal
This comprehensive study delves into the intricate examination of the intricate interplay between risk management culture, process, and competitive advantage in Senegal’s construction industry. By utilizing data from a diverse pool of 280 construction companies, the study employed quantitative research methods, specifically utilizing Structural Equation Modeling (SEM) with Smart PLS as the analytical tool. The results shed light on the significant contributions of risk management culture and process to competitive advantage, while also emphasizing the crucial role of employee engagement as a mediator in this dynamic relationship.
IT Strategic Alignment Maturity and Business Performance for the Banking Industry in Kenya
This study explored the connection between IT Strategic Alignment Maturity and the financial performance of Kenyan commercial banks. Using the SAMM framework, six alignment maturity criteria (governance, communications, value, partnership, technology scope, and skills) were evaluated. Quantitative correlation analysis was conducted with data from CIOs representing 70% of the Kenyan banking market (all Tier One banks). Findings revealed a significant positive link between IT-business alignment and profitability. The study suggests that banks seeking increased return on assets (ROA) should prioritize the development of robust strategic alignment maturity.
The Role of Entrepreneurial Orientation and Entrepreneurial Bricolage on Frugal Innovation and SMEs Sustainable Performance in Emerging Markets
This study sought to investigate the impact of entrepreneurial orientation (EO) and entrepreneurial bricolage (EB) on frugal innovation (FI), and subsequently, the sustainable performance of small and medium-sized enterprises (SMEs) in emerging markets (EMs). Data were collected from 750 key decision-makers in manufacturing small and medium-sized enterprises (SMEs) in the cities of Dar es Salaam and Arusha, Tanzania, yielding a response rate of 51.47%. The data was analyzed using structural equation modeling in SmartPLS software. The results revealed that EO had a positive and significant effect on both FI and EB.