Special Issue "Mathematical and Statistical Models on Risk with applications in Business, Economics, Finance, and COVID-19"

A special issue of Risks (ISSN 2227-9091).

Deadline for manuscript submissions: 20 September 2021.

Special Issue Editors

Prof. Dr. Wing-Keung Wong
E-Mail Website
Guest Editor
1. Department of Finance, College of Management, Asia University, Wufeng, Taichung 407705, Taiwan
2. Department of Medical Research, China Medical University Hospital, Taichung City, Taiwan
3. Department of Economics and Finance, The Hang Seng University of Hong Kong, Siu Lek Yuen, Hong Kong
Interests: behavioral models; mathematical modeling; econometrics; energy economics; equity analysis; investment theory; risk management; behavioral economics; operational research; decision theory; environmental economics; public health; time series analysis; forecasting
Special Issues and Collections in MDPI journals
Dr. Husam Rjoub
E-Mail Website
Guest Editor
Department of Accounting and Finance, Faculty of Economics and Administrative Sciences, Cyprus International University, Mersin 10, 99040 Haspolat, Turkey
Interests: international finance; asset pricing and financial accounting
Special Issues and Collections in MDPI journals
Prof. Dr. Moawia Alghalith
E-Mail Website
Guest Editor
Department of Economics, University of West Indies, St. Augustine, Trinidad, Trinidad and Tobago
Interests: stochastic analysis; PDEs; volatility; optimization; the portfolio models; options
Special Issues and Collections in MDPI journals

Special Issue Information

Dear Colleagues,

Mathematics and statistics play a vital role in many fields in Risks and provide theories and tools that have been widely used in all areas of Risks. Knowledge of mathematics, probability, and statistics is essential to develop theories in Risks and test their validity through the analysis of empirical real-world data. This Special Issue will also bring together practical, state-of-the-art applications of mathematics, probability, and statistical techniques in Risks with applications in business, economics, finance, and COVID-19.

Business, economics, and finance are three of the major areas of applications of Risks. Additionally, the COVID-19 pandemic is a very important current issue that is not only a significant concern for public health, but is also dealing a devastating impact on the socio-economic condition of the invaded countries. As such, the pandemic can be categorized as a risk that could trigger a loss of economic value or confidence in a substantial portion of the financial system that could have a severe negative influence on the real economy. However, the effect of the pandemic goes beyond borders, and as such becomes imperative to model the full breadth implications of the COVID-19 on emerging economies and world economies at large using statistical and mathematical applications—notably, in the areas of monetary and fiscal responses; changes in capital mobility; changes in international trade blueprint; and impact on financial, labor, and commodity markets, among other relevant issues.

We seek quantitative and qualitative empirical studies of business, economics, and finance related to the specific business, economic, and financial risk of COVID-19 using the identified perspectives or combinations of these areas.

Prof. Dr. Wing-Keung Wong
Dr. Husam Rjoub
Prof. Dr. Moawia Alghalith
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Risks is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Monetary and fiscal responses
  • Capital mobility
  • Changes in the international blueprint
  • Financial, labor, and commodity markets
  • Health risk
  • Business
  • Economics
  • Finance

Published Papers (1 paper)

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Research

Article
A Study on Balanced Scorecard and Its Impact on Sustainable Development of Renewable Energy Organizations; A Mediating Role of Political and Regulatory Institutions
Risks 2021, 9(6), 110; https://doi.org/10.3390/risks9060110 - 04 Jun 2021
Viewed by 947
Abstract
Organizational strategic programs are continuously evolving and gaining the attention of policy makers in order to construct organizations’ ecological and socioeconomic systems. The purpose of this study is to examine the relationship between the balanced scorecard (BSC) and sustainable development involving the mediated [...] Read more.
Organizational strategic programs are continuously evolving and gaining the attention of policy makers in order to construct organizations’ ecological and socioeconomic systems. The purpose of this study is to examine the relationship between the balanced scorecard (BSC) and sustainable development involving the mediated effect of political and regulatory influence. To achieve the core objectives of the research, the quantitative (positivism) research method is applied. The goal of the current research is made possible through the quantitative method because of its objective nature of reality. A total of 320 questionnaires were distributed among the different levels of managers; 280 respondents returned the questionnaire. The data are analyzed through a modern statistical tool called Smart-PLS, Partial Least Squares (PLS) is high graphical user interference software that is used to calculate Structural Equation Modeling (SEM) through PLS path modeling. Factor analysis is conducted to eliminate the variables that have no contribution and to reduce the variables to obtain better results in regression. The implications are for energy organizations that are struggling to deal with sustainable development and these tools can help them to achieve their sustainability goals. The study concludes that the adoption of BSC is essential to ensure sustainable development regardless of its challenges. Moreover, consideration of meta-constitutional rules as political influence is important to understand and address in order to mitigate financial loss. In nutshell, the use of BSC is highly recommended to eliminate the routine problems and to ensure environmental sustainability. Full article
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