Risk yönetim kavramsallaştırmaları ve riskin yerel yönetimi

The organizational literature on risk management conceptualizes risk as a phenomenon, which is objectively analyzable and manageable. Accordingly, any accident, disaster, or crisis risk seems to have a single universal nature, which can be understood by risk experts. Criticizing this risk conceptualization of the literature, this study argues that risk might be differently interpreted and experienced by various social groups. Risk has a local character revealed in the experiences and relationships of individuals and social groups and in their perspectives, which are shaped by those experiences and relationships. This local character is of central importance for the effectiveness of risk management. But, it becomes blurred when the process of analyzing risk is monopolized by risk experts, excluding the participation of local actors and citizens. Therefore, this study emphasizes the local experience of risk and the role of local perspectives in risk management by analyzing the views of the participants in a public hearing on the risks of an oil well, which contains highly toxic gas and is planned to build in a residential area, and related measures


Modeling co-movements among financial markets: applications of multivariate autoregressive conditional heteroscedasticity with smooth transitions in conditional correlations
Öztek, Mehmet Fatih; Öcal, Nadir; Department of Economics (2013)
The main purpose of this thesis is to assess the potential of emerging stock markets and commodity markets in attracting the attention of international investors who utilize various portfolio diversification strategies to reduce the cumulative risk of their portfolio. A successful portfolio diversification strategy requires low correlation among financial markets. However, it is now well documented that the correlations among financial markets in developed countries are very high and hence the benefits of i...
Risk measurement, management and option pricing via a new log-normal sum approximation method
Zeytun, Serkan; Uğur, Ömür; Korn, Ralf; Department of Financial Mathematics (2012)
In this thesis we mainly focused on the usage of the Conditional Value-at-Risk (CVaR) in risk management and on the pricing of the arithmetic average basket and Asian options in the Black-Scholes framework via a new log-normal sum approximation method. Firstly, we worked on the linearization procedure of the CVaR proposed by Rockafellar and Uryasev. We constructed an optimization problem with the objective of maximizing the expected return under a CVaR constraint. Due to possible intermediate payments we as...
The information content of earnings and systematic risk in changing economic conjecture : the Turkish case
Aksoy, Fatma; Muğan, Fatma Naciye Can; Department of Business Administration (2008)
This thesis analyses the information content of inflation adjusted financial statements for investors and the informational value of accounting earnings and systematic risk in explaining stock returns in Turkey. Information content of inflation accounting is tested by using event study methodology. Results show that, contrary to 2002, there exist abnormal returns/(losses) in the period surrounding the announcement of 2004 financial statements. However, due to non-company specific political and economic cond...
Olasılığı düşük risklerin yönetimi ve risk algısı: Deprem riski üzerine bir saha araştırması
Özdemir, Özlem (Iktisat Isletme ve Finans Dergisi, 2010-10-1)
Risk management and perception of low probability risks: A field study on earthquake risk Works in economics have been inadequate in explaining homeowners' risk mitigation behaviors in low-probability/high-loss risk situations such as earthquakes. This study (I) explores earthquake risk perceptions in different earthquake risk level zones and (2) identifies reactions towards earthquake risk mitigation measures. Data are obtained from 941 homeowners residing in Istanbul. The three different earthquake risk l...
Strategic group analysis: strategic perspective, differentiation and performance in construction
Budayan, Cenk; Birgönül, Mustafa Talat; Department of Civil Engineering (2008)
The aim of strategic group analysis is to find out if clusters of firms that have a similar strategic position exist within an industry or not. In this thesis, by using a conceptual framework that reflects the strategic context, contents and process of construction companies and utilising alternative clustering methods such as traditional cluster analysis, self-organizing maps, and fuzzy C-means technique, a strategic group analysis was conducted for the Turkish construction industry. Results demonstrate th...
Citation Formats
“Risk yönetim kavramsallaştırmaları ve riskin yerel yönetimi,” 00, 2017, Accessed: 00, 2021. [Online]. Available: https://app.trdizin.gov.tr/publication/paper/detail/TWpRNE16SXpNdz09.