Organizational Learning and Risk Management Maturity: Systematic and Meta-Analyses Approach
Journal: Business Ethics and Leadership (BEL) (Vol.6, No. 3)Publication Date: 2022-09-30
Authors : Chinelo Ifeyinwa Nwaibe; Joseph Ugochukwu Ogbuefi; Idu Robert Egbenta;
Page : 68-76
Keywords : emerging market property developers; corporate learning; risk management maturity;
Abstract
This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of investigating the role of developers in the economic development of the country. The relevance of this scientific problem decision is that the risk management maturity on the part of developers is often underestimated when researching developing real estate markets. Systematization of the literary sources and approaches for solving the problem of risk management proved the presence of a significant number of studies that confirm the hypothesis that some of the developers have not reached the normalized risk management maturity scale. The main purpose of the paper is to explore the role of organizational learning in enhancing risk management maturity, as a means of setting research agenda for its empirical evaluation in emerging economies. Using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) approach, the article systematizes the scientific literature on the importance of organizational learning in managing real estate investment maturity risks in emerging economies like Nigeria. The object of the research was indexed studies on Web of Scholar, Google Scholar, Emerald and Pubmed databases. Qualitative analysis methods have become a methodical toolkit for determining the parameters of organizational learning that contribute to the achievement of risk management maturity. The paper confirms and theoretically proves that risk knowledge acquisition, integration and transformation had potentials of respectively leading to sustainable risk identification, assessment and mitigation in property development projects. The results of the study form the basis for the understanding by scholars, practitioners and policy makers of their contribution to scientific research on the issues of a risk management mature property development sector in emerging economies. The strengths of this study are that it aims to identify the importance of organizational learning in risk management mature property investment in emerging markets.
Other Latest Articles
- Can a Basic Income Grant Improve the Quality of Life for the Poor in South Africa: An Analytical Review
- Dual Process Ethical Decision-Making Models: Need for Empirical Examination
- Business Intelligence as a Challenge for the Managerial Function: Case Study on Managerial Decision Making in Algerian Companies
- Weighing Externalities of Economic Recovery Projects: An Alternative to Green Taxonomies that is Fairer and more Realistic
- Organisational Ethics Management to Combat Corruption in the South African Public Sector
Last modified: 2022-10-20 01:44:48