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Management, IT Security and Risk Management Issues in Viet Nam Tourism Industry

Journal: International Journal of Mechanical and Production Engineering Research and Development (IJMPERD ) (Vol.10, No. 3)

Publication Date:

Authors : ;

Page : 1463-1470

Keywords : Risk Management; Asset Beta; Financial Crisis; Tourism & Airline Industry; Policy;

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Abstract

IT security and IT risk management is becoming vital part in the whole business and risk management system for airlines and tourism industries in recent years, esp. during the digital technology revolution. Systemic risk, different from non-systematic risk, is the risk affecting (almost) all stocks in the market, so it is also called market risk such as GDP, interest rates, inflation, war ... The purpose of this paper is to measure and evaluate beta values of tourism and airlines industry, under challenges in the market such as pricing and supporting services, during post-low (L) inflation period 2015-2017. In fact, after finding results, we realize that beta values are acceptable, i.e lower than 1, in tourism and airlines sector whereas volatility or frisk has declined slightly, shown by equity beta var values. Finally, this paper provides some ideas that could provide companies and government more evidence in establishing their policies in governance. This is the complex task but the research results shows us warning that the market risk volatility might be higher during the post-low inflation period 2015-2017. And our conclusion part will recommend some policies and plans to deal with it. Finding new potential markets and credit and financing policies are among directions for tourism & airline companies. Also, it accompanies with IT risk management policies

Last modified: 2021-01-11 16:27:24