Pakistan journal of biological sciences 11, 19611963. Ethnobotanical studies of medicinal plants used in. In large companies, it is common to form a separate risk management unit. The use of information technology in risk management.
This involves appointing a chief risk officer cro for risk management and the organizational culture too should support it. Quality risk management during pharmaceutical good distribution. Balanites aegyptiaca fruit pulp is a good source of sugars 33 g100 g dry matter dm, polyphenols 264 mg gae. Generically, the risk management process can be applied in the security risk management context. In part this is because the term risk encourages a threat perspective. By learning about and using these tools, crop and livestock producers can build the confidence needed to deal with risk and exciting opportunities of the future. Berglund if risk is a natural part of management, it is even more closely associated with innovation, which entails the pursuit of perceived opportunities under conditions of. Journal of flood risk management is transitioning to open access. Peoples classification, management, and use of plants represent attempt to attracting people from different academic disciplines. Project risk management is a continuous process that begins during the planning phase. Research open access vulnerability and risk management of. In the cima professional development framework, risk features in a number of areas including governance, enterprise risk management. The universitys risk management processes are designed to provide a tool for managers to take stock of how the risks they are managing may impact on what.
Ethnobotanical factors influencing the use and management. Risk management has been an accepted practice in industries in the west since the 1900s and in hospitals in the u. Ethnobotanical profiling of the medicinal flora of kotli. The new risk management standard is anticipated to achieve the position as a global benchmark for risk management practices. Many countries use traditional medicine for their primary healthcare system. Young dec 2007 risk management in the chinese construction industry studied the empirical chinese industry survey on the importance of project risks, application of risk management techniques, status of the risk management system, and the barriers to risk management, which were perceived by the main project participants. Mar 27, 2019 the value of ethnobotanical information is now increasingly acknowledged. Managing risk is everyonesomething does everyday and this is also true in an organisational context, where managers are actively managing the risks they face daytoday. To inventory and to provide ethnobotanical information on some of the medicinal plants used in traditional medicine to treat diabetes in rabat morocco, a survey was undertaken from march 1 st to april 30 th 2018. The use of informal risk management processes using empirical tools and or internal procedures can also be considered. Identifying risk issues and research advancements in supply chain risk management ou tang1 and s.
Disaster risk management aims to avoid the generation of new risks, improves resilience to the effects of natural events and contributes to sustainable development. Focus phase this phase involved the identification of the risk management stakeholders and also documented the risk management process to be followed, which is the process described in this paper. The aim of a risk management system is to ensure that the benefits of a particular medicine or a series of medicines exceed the risks by the. Guideline on risk management systems for medicinal products for. Ethnobotanical uses of medicinal plants in the highlands of.
The use of information technology in risk management author tom patterson, cpa complex solutions executive ibm corporation executive summary. Theoretical, conceptual, and empirical papers providing meaningful insights into the subject areas will be considered. Ethnobotanical study of medicinal plants was carried out from june 25 to september 5, 2015, in berbere district of oromia region, ethiopia. A study of different types of business risks and their effects on banks outsourcing process case study. Briefly, snowball sampling was applied during ethnobotanical surveys of thirty knowledge holders including 10 traditional healers that use plants to treat hivaidsrelated diseases. It is essential that the risks of a project be assessed at the project brief stage. Clinical risk management crm is a specific form of rm focusing on clinical processes directly and indirectly related to the patient. Since medieval ages, plants have been used by human being as food or as source of remedies. Journal of risk management in financial institutions henry. Risk assessment and management in construction projects. Also the earlier that risk management was used in a project, the more successful it was. Brassicaceae, which is commonly known as woad, is a species with an ancient and welldocumented history as an indigo dye and medicinal plant. A total of 48 published and unpublished ethnobotanical studies meeting specific inclusion criteria were used to assess the ethnobotanical study of medicinal plants used for the treatment of.
The risk field has two main tasks, i to use risk assessments and risk management to study and treat the risk of specific activities for example the operation of an offshore installation or an investment, and ii to perform generic risk research and development, related to concepts, theories, frameworks, approaches, principles, methods and. As the only publication devoted exclusively to theoretical and empirical studies in financial risk management, the journal of risk promotes farreaching research on the latest. International risk regulation began in the 1990s, and financial firms developed internal risk management models and capital calculation formulas to hedge. Ethnobotanical study of indigenous medicinal plants of jazan. Therefore, we define crm as all structures, processes, instruments and activities that enable hospital employees to identify, analyze, contain and manage risks while providing clinical treatment and patient care. Review of recent advances on their foundation article pdf available in european journal of operational research december 2015 with 23,687 reads. Ethnobotanical study of plants used in the management of hiv. Journal of ethnobiology and ethnomedicine 2014, 10.
Identifying risk issues and research advancements in. Quality of medicinal product is an important facet throughout lifecycle owing to its. Risk management is not about the elimination of risk rather it is about the management of risk. Ethnobotanical study of medicinal plants used to treat human. It is referred to as a negative event or threat to the organisation. This study presents the ethnobotanical knowledge and uses of desplatsiadewevrei amongst the bini tribe of edo state. Mbeng 2 mped research centre, department of botany, university of fort hare, private bag x14, alice 5700, south africa. This paper reports an ethnobotanical study that focused on the traditional medicinal plants used by local communities to treat human diseases.
Journal of medicinal plants research full length research paper ethnobotanical studies of medicinal plants used in traditional treatment of malaria by some herbalists in ghana tonny asafoagyei, heron r. This paper argues that all current project risk management processes induce a restricted focus on the management of project uncertainty. In subsaharan africa ssa, the leading risk factors were accountable to 54% mortality and 45% of the burden of the disease in 2001 5,6. Michaelb afaculty of management, tel aviv university, faculty of management, ramat aviv, 69978 tel aviv, israel bcomverse network systems, tel aviv, israel received 11 january 1999. International journal of phytotherapy and ethnobotany open access. Historically, risks to the companys success have been categorized as strategic, operational, compliance, and financial. The term risk management in the curriculum of postgraduate studies in. High percentage of the world hypertensive population use herbal medicines, for primary health care because of their low cost, better acceptability. Ethnobotanical studies have documented a high diversity of strategies of plant management in the tehuacan valley, including several forms of gathering, silvicultural systems that involve the management of individual plants, delgadolemus et al. Cloud journals provides an open access journals and to manage various costs associated with the journals management, for all accepted manuscripts we charge manuscript handlingprocessing fee. Identifying risk issues and research advancements in supply.
Security risk management an overview sciencedirect topics. Cannabis has many potential uses with recreational and medicinal. For a long time, the people of saudi arabia have been using medicinal plants mps as conventional medicine to heal diverse human and livestock diseases. Ethnobotanical uses of fruit pulps and kernel were assessed using a structured questionnaire. Ethnobotanical study of medicinal plants used in central macedonia, greece article pdf available in evidencebased complementary and alternative medicine 20191. Globally, the major risk factors for cvd include tobacco use, high blood pressure, high blood glucose, lipid abnormality, obesity and physical inactivity. Ethnobotanical data were collected using methods similar to that of 1719. Disaster risk management is a continuous process that involves physical and nonphysical measures and takes account of the underlying risk factors within a society. International journal of logistics management, the. Holton inancial markets are becoming increasingly sophisticated in pricing, isolating, repackaging, and transferring risks. The purpose of the journal of multinational financial management is to publish rigorous, original articles dealing with the management of the multinational enterprise. From a synthesis of literature, the purpose of this paper is to present a conceptual risk management framework, showing the effect of logistics outsourcing on the supply pdf 434 kb energyconstrained and lowcarbon scenarios for the transportation and logistics industry. Use and benefits of tools for project risk management.
Using a nonstructured openended questionnaire and oral interviews, ninetyone unknowledgeable and eighty knowledgeable and willing respondents. Ethnobotanical uses, phytochemical and pharmacological. Tools such as derivatives and securitization contribute to this process, but they pose their own risks. An ethnobotanical study of medicinal plants in sheka zone of. The excipient risk assessmentrisk management procedure should be incorporated in the pharmaceutical quality system. This will cover the charges for one manuscript in the cloud journals format. Risk management is the process whereby decisions are made to accept a known or assessed risk or the implementation of action to reduce the consequences or the probability of occurrence of an adverse event 35. Journal of risk management in financial institutions is the essential professional and research journal for all those concerned with the management of risk at retail and investment banks, investment managers, brokerdealers, hedge funds, exchanges, central banks, financial regulators and depositories journal of risk management in financial institutions is listed and indexed in scopus and in. A high degree of consensus among the informants was an indicative that plant use and knowledge were still strong, and preservation of this knowledge showed good foresight in the future.
Risk management, derivatives, regulation, financial crisis, insurance market, selfprotection, selfinsurance, governance. Pdf vulnerability and risk management of agave species. The proposed empirical research uses a national sample of 64 romanian companies from various industries to document the relationship between organizational performances and risks in the context of romanian supply chains. Ethnobotanical data indicate that there are more medicinal 36. The corporate level risks were also identified as well as the resources and schedule for the risk management process. International journal of risk assessment and management, from inderscience publishers, covers risk issues across different business and economics, as well as scientific and technological, disciplines international journal of risk assessment and management ijram inderscience publishers linking academia, business and industry through research. Ethnobotanical documentation of traditional knowledge about. The wbs for the portion of the work that remained for the year was updated and used for the risk management process see table 2. Energy industries, environmental and ecological systems. Risk management refers to strategies, methods and supporting tools to identify and control risk to an acceptable level 31. Vodouhe, alexandre dansi, mauricio bellon and bienvenu kpeki. Phytochemicals, antioxidant activity and ethnobotanical. Managing risk in this context means using management techniques to reduce the probability or impact of the negative event without undue cost. Box 812, university 2 faculty of health sciences, p.
Identify phase the risk identification was carried out with the help of the project system engineer and the project engineer. Fmea, failure mode and effects analysis, has been widely used in engineering designs and manufacturing processes. Ethnobotanical survey of medicinal plants used in the management of skin disorders among the xhosa communities of the amathole district, eastern cape, south africa anthony j. Journal of risk management in financial institutions. The journal of ethnobiology and traditional medicine. An ethnobotanical survey of traditional medicinal plants used. Phytochemicals and antioxidant activity of fruits of 30 b.
The objective of this research was to document and analyze traditional medicinal plants. Blagogee, susana oteng mintah, maryann archer, frederick. Box 208, universite des montagnes, bangangte, cameroon. However, these methodologies for risk management do not have structured processes for developing risk management models, leaving researchers and developers with the choice of tools and techniques to guide them in building their risk management models. To identify the risks faced by the banking industry. Risk management forms part of management s core responsibilities and is an integral part of the internal processes of an institution. Guidelines of 19 march 2015 on the formalised risk assessment for.
It is a subdiscipline of the wider function of risk management and an application of. Pdf ethnobotanical study of medicinal plants used in. Article pdf available in journal of medicinal plant research 53 february. Risk management and process failure mode and effects. Sep 24, 2009 research was carried out in konta special woreda district. Publishing work read only by a limited number of scholarswith oftenlittle to no value to practicing mangers and leaders wont maintain our status and pay j.
Ethnobotanical uses, phytochemical and pharmacological profiles, and toxicity of cassia alata l. A comprehensive empirical assessment working paper there have been many empirical studies aiming at finding support for the various theories of corporate financial risk management. B when citing this work, cite the original article. International journal of risk assessment and management. Therefore, this research was conducted to investigate medicinal plants of the konta people and to document the local knowledge before environmental and cultural changes deplete the resources. The universitys risk management processes are designed to provide a tool for managers to take stock of how the risks they are managing may impact on what they are trying to achieve and put in place plans to address this.
The study focused on documentation of medicinal plants used to treat various human diseases in the study area. Ethnobotanical data were collected by interviewing 174 local informants. Medicinal plants have been important components of healthcare systems since the time immemorial. Indeed, the risk management process advocated in iso 3 should be used as the foundation to risk management in the greater organization. Students must understand risk management and may be examined on it. An ethnobotanical study of medicinal plants used by local. This ork is licensed under the terms of the creative commons attribution cc b. Etemadiyeh,islamic azad university, zanjan,iran postal code. Ethnobotanical study of plant used for the treatment of diarrhoea in the eastern cape, south africa. Transforming project risk management into project uncertainty management stephen ward, chris chapman. The output from the multinomial logit specifications mls model reveals that perennial and nonwoody plants are exploited more for medicinal and food uses than annual and woody plants. International journal of academic research in economics and management sciences november 2012, vol. Ijram is an interdisciplinary and refereed journal that provides cross learning between. This guidebook will use the simpler term risk management and will explain the function in broad terms, showing how the various technical disciplines associated with risk form part of this wider field.
Empirical findings show that a supply chain risk management strategy successfully mitigates the negative consequences of risks. As a result, all submissions received from 8 th august 2019 will be subject to an article processing charge if accepted and published to the journal. Research open access vulnerability and risk management. Ou tang and nurmaya musa, identifying risk issues and research advancements in supply chain risk management, 2011, international journal of production economics. Introduction emergence of risk management and corporate treasury the origins of risk management predates the 1700s with the use of probability.
Mehrdad alipour corresponding author management department, zanjan branch, islamic azad university, zanjan, iran moalem st. Financial risk management is the task of monitoring financial risks and managing their impact. Risk management is core to the current syllabus for p3 management accounting risk and control strategy of the professional qualification. Journal of risk management in financial institutions is the essential professional and research journal for all those concerned with the management of risk at retail and investment banks, investment managers, brokerdealers, hedge funds, exchanges, central banks, financial regulators and depositories. Ethnobotany research and applications issn 15473465 is published online by the department of ethnobotany, institute of botany, ilia state university. All articles are ed by the authors and are published online by a license from the authors.
These days, executives recognize enterprise risk management erm as a muchneeded core competency that helps organizations deliver and increase stakeholder value over time. Financial risk management dr peter moles ma, mba, phd peter moles is senior lecturer at the university of edinburgh business school. Medicinal plants used in the management hypertension. The use of derivatives as risk management instruments arose during the 1970s, and expanded rapidly during the 1980s, as companies intensified their financial risk management. Financial risk management edinburgh business school. The overall purpose of the risk management process is to evaluate the potential losses for the banks in the future and to take precautions to deal with these potential problems when they occur. It is neither always appropriate nor always necessary to use a formal risk management process using recognized tools and or internal procedures e. Page 9 g and an excellent source of vitamin c ascorbic acid. Risk management regulations and their implications risk capital allocation and risk budgeting efficient evaluation of risk measures under increasingly complex and realistic model assumptions. Risk management is the process of monitoring risks and taking steps to minimise their impact. Financial risk management has become complementary to pure risk management for many companies.
Ethnobotanical study of two threatened medicinal plants in. Threatened medicinal plants in zimbabwe maroyi 150 international journal of biodiversity science and management age years 21 40 41 60 61 80 total female male 1 2 1 3 2 4 4 9 table 1 age and sex characteristics of traditional healers interviewed in the eastern highlands, zimbabwe no. Modern methods of risk identification in risk management. However, subsequent research papers failed to determine which theories are supported by the data and which are not. Medicinal plants play a significant role in management of various human diseases in the study area. It is based upon a general survey of participating jurisdictions, complemented by three country studies illustrative of different aspects of risk management and corporate governance norway, singapore and switzerland. Financial analysts journal volume 60 x number 6 2004, cfa institute perspectives defining risk glyn a. Although there are some examples of the use of quality risk management in the. Various parts of persea americana have been reported in many studies to be used by people from tropical countries to manage some health problems such as diarrhea, dysentery caused by helminths and amoebas, toothache, intestinal worms, diabetes, skin rashes, infectious processes caused by fungi and. Preparation method of herbal remedies herbal in the management of various human.
A good risk framework should have a strong governance structure so that the board and the management should know how risks are being managed. Journal of multinational financial management elsevier. Objectives the study the following are the objectives of the study. Journal of risk management in financial institutions business school professors need to get real more often.
However, the activities related to risk management have been in place for decades without the specific name of risk management. Pdf management, use and ecology of medicinal plants in the. The present work is the first study on ethnobotanical uses of 124 mps species used by the local tribal communities of jazan province in the southwest of saudi arabia. Results and views expressed in this publication are the sole responsibility of the authors and do not necessarily reflect those of cirrelt. Devoted to theoretical and empirical studies in financial risk management, promoting research on the measurement, management and analysis of financial risk. Contents credit risk management edinburgh business school vii module 7 market default models 71 7. He is an experienced financial professional with both practical experience of financial markets and technical knowledge. Defining project risk management the objective of project risk management is to understand project and programme level risks, minimise the likelihood of negative events and maximise the likelihood of positive events on projects and programme outcomes. Research article ethnobotanical knowledge of desplatsia. The result of this improvement is just like having an experienced project manager on the team.
Financial institutions, including banks and insurance companies, intensified their market and credit risk management activities during the 1980s. This study attempts to examine the use of the risk management standard iso 3 in. The following topic areas, although not exhaustive, are. A study of different types of business risks and their. We are pleased to announce that journal of flood risk management has transitioned to open access as of january 2020. Ethnobotany journal of ethnobotany international journal. Historical perspective of risk management the concept of risk management in banking arose in the 1990s.
Article pdf available in research journal of medicinal plant 106 august 2016 with 2,128 reads. Operational risk and liquidity risk management emerged in the 1990s. Ethnobotanical factors influencing the use and management of wild edible plants in agricultural environments in benin hermane t. Consequently, the study is imperative in order to increase knowledge on risk management, its importance, and the need to minimise risk management failure in business enterprises in nigeria, thereby improving the nations economy. To trace out the process and system of risk management. The journal of risk is particularly interested in papers on the following topics. An ethnobotanical survey of medicinal plants used for. Journal of flood risk management wiley online library. Different business and economics, as well as scientific and technological, disciplines.
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