Insurance insolvency is a global phenomenon and a national issue. It is an interesting part of the field of study because insurance sector plays an important role not only in the business’ risk management but also in fuelling the economic development of the country. This study examined the...

Although risk is an essential element of the business landscape and one of the more widely researched topics in business, there is noticeably less scholarship on strategic risk. Business risk literature tends to only delineate characteristics of risk that are operational rather than strategic in...

Normal Accident Theory describes the phenomenon by which complex and tightly coupled systems lead inevitably to accidents as a consequence of a system’s design. Some scholars have applied this interpretive lens to describe the inevitability of crises in complex, tightly coupled financial...