International Journal of Modern Risk Management

Market Risk Analysis in Investment Portfolios in Uganda

2023-12-02T21:20:13+03:00

Purpose: The aim of the study was to examine the market risk analysis in investment portfolios in Uganda.

Methodology: The study adopted a desktop methodology. Desk research refers to secondary data or that which can be collected without fieldwork. Desk research is basically involved in collecting data from existing resources hence it is often considered a low cost technique as compared to field research, as the main cost is involved in executive’s time, telephone charges and directories. Thus, the study relied on already published studies, reports and statistics. This secondary data was easily accessed through the online journals and library

Findings: The study on Market Risk Analysis in Investment Portfolios in Uganda examines factors affecting investors' performance and profitability in the country. It finds significant untapped potential for foreign direct investment (FDI) in Uganda, particularly in the services sector, but also identifies risks like volatile weather, political instability, weak governance, and high inflation. To attract more investors, the study recommends improving regulations, diversifying exports, enhancing regional integration, and promoting tourism. These steps could help Uganda harness its economic potential.

Unique Contribution to Theory, Practice and Policy: Modern Portfolio Theory (MPT), Capital Asset Pricing Model (CAPM) & Behavioral Finance Theory may be used to anchor future studies on the examining market risk analysis in investment portfolios in Uganda. Encourage investors to diversify their portfolios across various asset classes and geographic regions to mitigate market risk. Collaborate with regulatory authorities to establish and enforce robust risk management and reporting standards for financial institutions and investment firms operating in Uganda.

Impact of Socioeconomic Factors on Life Expectancy in Pakistan

2023-12-02T23:47:17+03:00

Purpose: The aim of the study was to examine the impact of socioeconomic factors on life expectancy in Pakistan

Findings: Socioeconomic factors have a significant impact on life expectancy in Pakistan. Higher education, greater access to healthcare, and higher income levels are associated with longer life expectancies. Gender disparities exist, with women generally having longer life expectancies than men due to differences in healthcare access and lifestyles. Urban areas tend to have higher life expectancies compared to rural areas due to better healthcare facilities and resources. These findings highlight the need for targeted policies and interventions to address disparities and improve overall population health in Pakistan.

Unique Contribution to Theory, Practice and Policy: The socioeconomic development theory, the well-being theory & the social ecology theory may be used to anchor future studies on the examining impact of socioeconomic factors on life expectancy in Pakistan. Invest in the expansion and improvement of primary healthcare services, especially in rural and underserved areas. Develop policies that specifically aim to reduce health inequalities, such as initiatives to improve healthcare access in remote areas and interventions to address disparities in nutrition and sanitation.

Predictive Modeling of Insurance Claims in Rwanda

2023-12-02T22:57:35+03:00

Purpose: The aim of the study was to examine the predictive modeling of insurance claims in Rwanda.

Findings: Predictive modeling of insurance claims in Rwanda found key predictors such as age, gender, and policy type. Regional variations in claim frequency and severity were evident, emphasizing the importance of localized risk assessment. Historical claims data was instrumental in building effective predictive models for insurers. Data-driven approaches were identified as valuable tools for improving underwriting and pricing strategies in Rwanda's insurance market. Continuous data collection and model refinement were underscored for enhanced accuracy and adaptability in the evolving Rwandan insurance landscape.

Unique Contribution to Theory, Practice and Policy: Actuarial Science Theory, Behavioral Economics Theory & Economic Development Theory may be used to anchor future studies on the examining the predictive modeling of insurance claims in Rwanda. Predictive modeling can help insurers better understand their customers' needs and preferences. Policymakers can establish guidelines and regulations to ensure the responsible use of personal data in the insurance industry.

Evolution of Risks Facing Commercial Banks in Kenya and Associated Strategic Responses

2023-12-24T13:19:01+03:00

Purpose: The main objective of this study was to explore the evolution of risks facing commercial banks in Kenya and their strategic responses

Findings: The study found that the commercial banking sector in Kenya is operating within a highly dynamic and ever-evolving risk landscape. The risks faced by these banks are multifaceted and include economic, operational risk, regulatory, technological, systematic, sovereign risk and market-related challenges. It also added that the strategic responses adopted by commercial banks in Kenya are diverse and multifaceted. The conclusions drawn emphasize the need for continual vigilance and adaptation in risk management, the pivotal role of technology and digital transformation, and the significance of regulatory compliance. By taking these conclusions into account, commercial banks in Kenya can better position themselves to thrive in the dynamic and competitive financial landscape of the country.

Unique Contribution to Theory, Practice and Policy: The Modern Portfolio theory, liquidity preference and the Liquidity Coverage Ratio (LCR), Agency theory, the term structure of interest rates and duration and Credit Scoring Model and the Resource Based View model may be used to anchor future studies on the evolution of risks facing commercial banks in Kenya and their strategic responses. This study makes significant contributions to theory by developing a risk evolution framework and strategic risk response models. It has practical implications by offering enhanced risk management strategies and guidance for financial decision-making for practitioners. Additionally, the research provides valuable insights for banking regulators policymakers, and investors in Kenya, supporting risk-based supervision and financial stability initiatives.

Risk Management Strategies for Healthcare Organizations: A Comparative Analysis of Patient Safety Measures in Kenya

2023-10-14T02:30:20+03:00

Purpose: The study sought to investigate the Risk Management Strategies for Healthcare Organizations: A Comparative Analysis of Patient Safety Measures in Kenya

Materials and Methods: The study adopted a desktop methodology. Desk research refers to secondary data or that which can be collected without fieldwork. Desk research is basically involved in collecting data from existing resources hence it is often considered a low cost technique as compared to field research, as the main cost is involved in executive’s time, telephone charges and directories. Thus, the study relied on already published studies, reports and statistics. This secondary data was easily accessed through the online journals and library

Results: The results revealed that risk management strategies play a crucial role in improving patient safety within healthcare organizations. By comparing different strategies, the research may highlight which ones are particularly effective in reducing errors and enhancing overall safety. The study also concludes that leadership styles and organizational culture have a significant impact on the success of risk management strategies. Healthcare organizations with supportive leadership and a culture of safety tend to perform better in patient safety measures.

Unique contribution to theory, practice and policy: The study recommends that there should be a culture of safety that encourages reporting of errors and near misses, learning from mistakes, and implementing solutions to prevent recurrence. A culture of safety can foster trust, transparency, and accountability among healthcare staff and patients. Conduct regular risk assessments to identify potential hazards, vulnerabilities, and threats to patient safety and organizational performance. Risk assessments can help prioritize areas for improvement, allocate resources, and monitor progress.

Determinants of Credit Default in Banking in Nigeria

2023-12-02T23:24:40+03:00

Purpose: The aim of the study was to examine the determinants of credit default in banking in Nigeria.

Findings: The determinants of credit default in Nigerian banking encompass a range of factors, including economic stability, regulatory oversight, risk management practices, loan portfolio quality, and macroeconomic conditions. Addressing these factors is crucial for banks to effectively manage credit risk and reduce the likelihood of credit defaults.

Unique Contribution to Theory, Practice and Policy: Agency Theory, Pecking Order Theory and Information Asymmetry Theory may be used to anchor future studies on the examining determinants of credit default in banking in Nigeria. banks should initiate financial literacy programs for borrowers to improve their understanding of financial products and responsibilities. Regulators should encourage the adoption of advanced credit risk assessment models and provide guidelines on best practices in risk management.