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Article
Publication date: 13 January 2021

Flicia Rimin, Imbarine Bujang, Alice Wong Su Chu and Jamaliah Said

This paper aims to examine the effect of setting up a separate risk management committee (RMC) on the performance of listed companies in Malaysia's consumer goods sector. The…

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Abstract

Purpose

This paper aims to examine the effect of setting up a separate risk management committee (RMC) on the performance of listed companies in Malaysia's consumer goods sector. The study considers several firm characteristics as control variables to influence the establishment of the RMC, such as firm size and leverage.

Design/methodology/approach

The sample comprises 169 observations throughout a nine-year time frame starting from 2010 to 2018. The current study used a dichotomous variable of “1” to represent a listed company that establishes a separate RMC and “0” as otherwise. The data analysis is based on a static panel data technique, which utilised the fixed effects model (FEM) and random effects model (REM).

Findings

There is a significant positive relationship between a separate RMC and Tobin's Q which suggests that the establishment of a separate RMC that consists of a majority of independent non-executive directors would significantly improve the firm's performance. The current work supports agency theory which suggests that independent non-executive directors can enhance the transparency of corporate boards as they improved the firm's compliance with the disclosure requirements.

Originality/value

Proper risk management and internal control are critical aspects of a company's governance, management and operations that can influence a firm's performance. The empirical evidence contributes to the knowledge of corporate governance within the context of a RMC’s role in monitoring a company's risk management framework, policies and its implementation. The formation of a separate RMC as a board committee will help to enhance the effectiveness of the risk oversight role of the BOD.

Details

Business Process Management Journal, vol. 27 no. 4
Type: Research Article
ISSN: 1463-7154

Keywords

Available. Open Access. Open Access
Book part
Publication date: 29 November 2023

Abstract

Details

The Emerald Handbook of Research Management and Administration Around the World
Type: Book
ISBN: 978-1-80382-701-8

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Article
Publication date: 24 October 2024

Archana Shrivastava

Transformative generative artificial intelligence (AI) tools, such as ChatGPT, have revolutionized various sectors, including higher education. Since its release in November 2022…

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Abstract

Purpose

Transformative generative artificial intelligence (AI) tools, such as ChatGPT, have revolutionized various sectors, including higher education. Since its release in November 2022, it has gathered attention from academia, scholars, students, regulators and education policymakers. Opinions diverge on whether ChatGPT’s use in academia should be circumscribed or regulated. To offer insights into some of these, this study synthesizes 139 contributions (articles and blogs) authored by instructors, publishers, professors, editors and education journalists in the education domain.

Design/methodology/approach

The study uses sentiment analysis and topic modelling to examine the 139 articles and blogs. Drawing on their insights, it firstly explores emotional dimensions of the content. Subsequently, using critical discourse analysis, it integrates them with emerging concerns (what and why), and explicates key processes (how) to inform academia, research, practice and policy.

Findings

Drawing on the results obtained from sentiment analysis, the study identifies that the overall sentiments surrounding generative AI tools such as ChatGPT in higher education are more positive (33%) than negative (11%). Using topic modelling, the study further highlights four thematic areas to explore benefits and challenges: perceptions and biases, pedagogical impact, ethical considerations and implementation and adoption.

Research limitations/implications

Limitations include the absence of student perspectives, which may offer deeper insights into perception, pedagogical impacts, and integrity-related issues. Additionally, while findings are applicable across various domains, specialized areas may present differing insights that could refine the conclusions.

Originality/value

Overall, contributors acknowledge the capabilities of generative AI tools like ChatGPT in enhancing students’ productivity. The findings suggest that it is likely to offer significant gains in the education domain, providing several benefits to both teachers and students. Nevertheless, they also consider its limitations, discrimination and bias, copyright infringement, plagiarism, fabricated unauthentic textual content and assessment bias.

Details

Global Knowledge, Memory and Communication, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2514-9342

Keywords

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