Methods of Limiting Selected Risk Types in the Municipal Waste Incineration Plant

• Autorzy: Ewa Kubińska-Jabcoń , Mariusz Niekurzak
• Języki publikacji: EN

Abstrakty

EN

Risk has become one of the most important categories in the global economy. This term belongs to the most popular phenomena in the economy. Decision making is always connected with risk. It is an inseparable part of human history and there are no man's actions which cannot be associated with it. The notion of risk is universal: it concerns political, economic and social activities. It takes on specific meaning in the space of economic activity: taking risk entails certain financial consequences. Due to this fact, the essence of risk, methods of its evaluation, as well as its management are the topics of a growing number of publications in various scientific fields. The key problem for an entrepreneur is to first determine sources of risk, to assess its size and the influence it may have on the business, and then-to take action in order to minimize this influence. The article analyses dangers in a municipal waste incineration plant. In incineration plants there are various risks but environmental threats, broadly analysed in this article, belong to the most serious ones. Two independent risk analysis methods have been used for this purpose to determine the most serious threats related to environmental risk and options of counteracting them. (original abstract)

Słowa kluczowe

EN

Risk; Risk management; Risk management methods; Failure mode and effects analysis (FMEA); Commercial wastes; Waste utilization

PL

Ryzyko; Zarządzanie ryzykiem; Metody zarządzania ryzykiem; Analiza przyczyn i skutków wad; Odpady komunalne; Utylizacja odpadów

• Czasopismo: Managerial Economics
• Rocznik: 2019
• Tom: 20
• Numer: nr 1
• Strony: 43--56

Twórcy

autor

Ewa Kubińska-Jabcoń

• AGH University of Science and Technology, Poland

autor

Mariusz Niekurzak

• AGH University of Science and Technology, Poland

Bibliografia

• Bernstein, P.L. (1995) 'Risk as a History of Ideas', Financial Analysis Journal, No. 1, pp. 7-11.
• Bowels, J.(2004) 'An Assessment of RPN Prioritization in a Failure Modes Effects and Criticality Analysis, Journal of the IEST, vol. 47, pp. 51-57, Mount Prospect.
• Bromiley, P., McShane, M.K., Nair, A., and Rustambekov, E. (2014) 'Enterprise Risk Management: Review, Critique, and Research Directions', Long Range Planning, vol. 48, Issue 4, pp. 265-276, [Online], Available: https://dx.doi.org/10.1016/j.lrp.2014.07.005 [26 Feb 2019].
• Butler, C. (2001) Tajniki Value at Risk, Warszawa: LIBER.
• Chartered Global Management Accountant (CGMA) (2015) Global State of Enterprise Risk Management: Analysis of the challenges and opportunities for improvement. Durham, NC: CGMA and Pool College of Management.
• Charsley, P. and Brown, B. (2002), HAZOP studies under ISO 9000, Chemical Engineering Progress, vol. 86, pp. 64-67.
• Davis, M. and Agliilano, N.J. (1991) Fundamentals of Operations Management. New York: Irwin.
• Dunett, S. J D Andrews (2004) 'Analysis methods for fault trees that contain secondary failures', Journal of Process Mechanical Engineering, vol. 2, pp. 93-102, [Online], Available: https://doi.org/10.1243/095440804774134271 [24 Feb 2019].
• Fotr, J., Vacik, E., Špaček, M. and Souček I. (2014) 'Scenarios and their application in strategic planning', E&M Ekonomie a Management, vol. 17, No. 3, pp. 118-135, [Online], Available: https://dx.doi. org/10.15240/tul/001/2014-3-010 [24 Feb 2019]
• Grace, M.F., Leverty, J.T., Phillips, R.D. and Shimpi, P. (2015) 'The Value of Investing in Enterprise Risk Management', Journal of Risk and Insurance, vol. 82, Issue 2, pp. 289-316, [Online], Available: https://dx.doi. org/10.1111/jori.12022.
• Haubenstock, M. and Mude, D. (2002) 'Quantifying Capital for operational Risk', The RMA Journal, June, pp. 76-79.
• Hoyt, R.E. and Liebenberg, A.P. (2011) 'The Value of Enterprise Risk Management', Journal of Risk and Insurance, vol. 78, Issue 4, pp. 795-822, [Online], Available: https://dx.doi.org/10.1111/j.15396975.2011.01413.x [25 Feb 2019].
• Kubińska-Kaleta, E. (2008) Risk Management in Industrial Enterprises Based on the Example of Steelworks, Doctoral Dissertation, AGH University of Science and Technology.
• Kubińska-Jabcoń, E. (2018) 'Risk management in industrial companies', Logistics and Transport, vol. 40, No. 4, pp. 43-50, [Online], Available: http://www.logistics-and-transport.eu/artykuly/styczen_2019/6_L_Kubinska_edycja.pdf
• Lam, J.(2003) 'The Predictions for risk management', The RMA Journal, pp. 84-87.
• Liebenberg, A.P. and Hoyt, R.E. (2003) 'The determinants of enterprise risk management: evidence from the appointment of chief risk officers'. Risk Management and Insurance Review, vol. 6(1), pp. 37-52, [Online], Available: https://dx.doi. org/10.1111/1098-1616.00019.
• McShane, M.K., Nair, A. and Rustambekov, E. (2011) 'Does Enterprise Risk Management Increase Firm Value', Journal of Accounting, Auditing and Finance, vol. 26, pp. 641-658, [Online], Available: https:// dx.doi.org/10.1177/0148558X11409160.
• Nocco, B.W. and Stulz, R.M. (2006) 'Enterprise Risk Management: Theory and Practice', Journal of Applied Corporate Finance, vol. 18, No. 4, pp. 8-20, [Online], Available: https://cpb-us-w2.wpmucdn.com/u.osu.edu/dist/0/30211/files/2017/01/184_nocco-u7sc9u.pdf [25 Feb 2019].
• PN-EN 61025:2007 Fault Tree Analysis
• Shahin, A. (2004), 'Integration of FMEA and the Kano model', International Journal of Quality and Reliability Management, vol. 21, No. 7, pp. 731-746.
• Schroeck, G. (2002), Risk Management and Value Creation in Financial Institucions, Chichester: Wily&Sons.
• Tepman, Ł.N. (2002), Riski w ekonomikie, Moskwa.

Identyfikatory

DOI

10.7494/manage.2019.20.1.43