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Emerging risks management in small and medium sized enterprise

Following the changes from years to years, there are always new and upgraded technologies created and utilised in industries which then generates emerging risks to workers. To this recent, there are hardly studies conducted related to the management of emerging risks in SMEs in Malaysia. Therefore,...

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Main Authors: Tuan Munirah, Tuan Nordin, Hanida, Abdul Aziz, Nur Fazrina, Mohamad Salleh, Mohd Azlan Fahmi, Mohd Azmi, Khairul Hamri, Ramli
Format: Conference or Workshop Item
Language:English
English
Published: AIP Publishing 2023
Subjects:
HD28 Management. Industrial Management
HD61 Risk Management
Q Science (General)
Online Access:http://umpir.ump.edu.my/id/eprint/38677/8/NER%20SME%20Published.pdf
http://umpir.ump.edu.my/id/eprint/38677/14/Intro%20-%20Emerging%20risks%20management%20in%20small%20and%20medium%20sized%20enterprise.pdf
http://umpir.ump.edu.my/id/eprint/38677/
https://doi.org/10.1063/5.0114392
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spelling my.ump.umpir.386772023-11-10T03:35:22Z http://umpir.ump.edu.my/id/eprint/38677/ Emerging risks management in small and medium sized enterprise Tuan Munirah, Tuan Nordin Hanida, Abdul Aziz Nur Fazrina, Mohamad Salleh Mohd Azlan Fahmi, Mohd Azmi Khairul Hamri, Ramli HD28 Management. Industrial Management HD61 Risk Management Q Science (General) Following the changes from years to years, there are always new and upgraded technologies created and utilised in industries which then generates emerging risks to workers. To this recent, there are hardly studies conducted related to the management of emerging risks in SMEs in Malaysia. Therefore, this study aims to investigate the safety management applied for emerging risks in SMEs and to determine the significant differences between the size of enterprises and barriers in managing emerging risks. The study was conducted by distributing a self-administered questionnaire to 55 manufacturing SMEs in Malaysia. The data was then analysed by using SPSS software. From the survey, lack of OSH expert was considered as the main barrier with average percentage of 23.1% followed by complexity of legal obligations by 21.5%, lack of knowledge in OSH (20.5%), lack of financial resources (20%) and lack of training (18.7%). It shows that safety and health performance in SMEs are most influenced by the presence of OSH expertise. There is no significant differences between the size of enterprises and the barriers in managing emerging risks. This can be concluded that, both small and medium enterprises shared the same difficulties in managing emerging risks at their workplace. AIP Publishing 2023-02-07 Conference or Workshop Item PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/38677/8/NER%20SME%20Published.pdf pdf en http://umpir.ump.edu.my/id/eprint/38677/14/Intro%20-%20Emerging%20risks%20management%20in%20small%20and%20medium%20sized%20enterprise.pdf Tuan Munirah, Tuan Nordin and Hanida, Abdul Aziz and Nur Fazrina, Mohamad Salleh and Mohd Azlan Fahmi, Mohd Azmi and Khairul Hamri, Ramli (2023) Emerging risks management in small and medium sized enterprise. In: 3rd Symposium on Industrial Science and Technology (SISTEC2021), 25–26 August 2021 , Pahang, Malaysia. , 2682 (1). ISBN 978-0-7354-4326-6 https://doi.org/10.1063/5.0114392
institution Universiti Malaysia Pahang Al-Sultan Abdullah
building UMPSA Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Pahang Al-Sultan Abdullah
content_source UMPSA Institutional Repository
url_provider http://umpir.ump.edu.my/
language English
English
topic HD28 Management. Industrial Management
HD61 Risk Management
Q Science (General)
spellingShingle HD28 Management. Industrial Management
HD61 Risk Management
Q Science (General)
Tuan Munirah, Tuan Nordin
Hanida, Abdul Aziz
Nur Fazrina, Mohamad Salleh
Mohd Azlan Fahmi, Mohd Azmi
Khairul Hamri, Ramli
Emerging risks management in small and medium sized enterprise
description Following the changes from years to years, there are always new and upgraded technologies created and utilised in industries which then generates emerging risks to workers. To this recent, there are hardly studies conducted related to the management of emerging risks in SMEs in Malaysia. Therefore, this study aims to investigate the safety management applied for emerging risks in SMEs and to determine the significant differences between the size of enterprises and barriers in managing emerging risks. The study was conducted by distributing a self-administered questionnaire to 55 manufacturing SMEs in Malaysia. The data was then analysed by using SPSS software. From the survey, lack of OSH expert was considered as the main barrier with average percentage of 23.1% followed by complexity of legal obligations by 21.5%, lack of knowledge in OSH (20.5%), lack of financial resources (20%) and lack of training (18.7%). It shows that safety and health performance in SMEs are most influenced by the presence of OSH expertise. There is no significant differences between the size of enterprises and the barriers in managing emerging risks. This can be concluded that, both small and medium enterprises shared the same difficulties in managing emerging risks at their workplace.
format Conference or Workshop Item
author Tuan Munirah, Tuan Nordin
Hanida, Abdul Aziz
Nur Fazrina, Mohamad Salleh
Mohd Azlan Fahmi, Mohd Azmi
Khairul Hamri, Ramli
author_facet Tuan Munirah, Tuan Nordin
Hanida, Abdul Aziz
Nur Fazrina, Mohamad Salleh
Mohd Azlan Fahmi, Mohd Azmi
Khairul Hamri, Ramli
author_sort Tuan Munirah, Tuan Nordin
title Emerging risks management in small and medium sized enterprise
title_short Emerging risks management in small and medium sized enterprise
title_full Emerging risks management in small and medium sized enterprise
title_fullStr Emerging risks management in small and medium sized enterprise
title_full_unstemmed Emerging risks management in small and medium sized enterprise
title_sort emerging risks management in small and medium sized enterprise
publisher AIP Publishing
publishDate 2023
url http://umpir.ump.edu.my/id/eprint/38677/8/NER%20SME%20Published.pdf
http://umpir.ump.edu.my/id/eprint/38677/14/Intro%20-%20Emerging%20risks%20management%20in%20small%20and%20medium%20sized%20enterprise.pdf
http://umpir.ump.edu.my/id/eprint/38677/
https://doi.org/10.1063/5.0114392
_version_ 1822923715123347456
score 13.235362

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