Risk Management in Micro Payment System in Emerging Economy: An Empirical Study From Ghana

Authors

  • Owusu Ackah School of Management and Economics University of Electronic Science and Technology of China, China
  • Emmanuel Oteng School of Finance and Economics, Southwest University of Finance and Economics, China
  • Antwi John Osei School of Management and Economics, University of Electronic Science and Technology of China, China
  • Doris Agyeiwaa School of Management and Economics, University of Electronic Science and Technology of China, China

DOI:

https://doi.org/10.53555/nnbma.v1i1.150

Keywords:

Risk Communication, firm, empirical study, micro payment

Abstract

This study examined the relationship between risk communication and review process and the entire risk management process in micro payment system. An empirical study was conducted into this phenomenon. Questionnaire was used to collect data from key informants within the micro payment industries. In all a total of 120 respondents was used. Furthermore, Pearson correlation and Linear regression analysis was conducted to test the hypotheses stated for this study. According to the statistical finding of this study is proved that information dissemination between providers and clients contributed significantly to risk mitigation and reduction. Also risk communication process coupled with a review process enabled firms to deal with ineffective strategies and practices.

References

Campbell, D.T. (1995), The informant in quantitative research. American Journal of Sociology, Vol 60, 339-42.

Anderson, M (1998), The electronic check architecture, financial service Technology consortium.

Eduardo, H.D., Joao, P.A., Adraian, K.C., (2011), Mobile Money and payment: a literature review based on academic and practitioner-oriented publication (2001-2011). Proceedings of SIG, GlobDer fourth Annual workshop, Shanghai, China.

Marilyn, G., Miklos, V., (2002), Electronic Commerce: Security, Risk management and control, 2nd edition: McGraw Hill

Andersen, T.J (2006), Perspective on strategic risk management. Copenhagen, Denmark; Copenhagen Business School Press.

Boholm, A. (2003), The cultural nature of risk: Can there be an anthropology of uncertainty?

Reith, G. (2004), Uncertain times- the notion of ‘risk’ and the development of modernity, Time and Society.

Bradbury, J.A., (1994), Risk communication in environmental restoration program.

Kerzner, H. (2001), Project Management: a systems approach to planning, scheduling and controlling. 7th edition. New York: Wiley.

Neitlich, A. (2009), The importance of risk management for business owners.

W.H.O, (1998), the application of risk communication to food standards and safety matters, A joint FAO/WHO expert consultation, Rome Italy.

Heilbun, K., Philipson, J, Breman, L & Warren J,. (1996), Risk communication: clinicians report approach and perceived values. Paper presented at the annual convention of the American Psychological Association

Rowan, K.E.(1994), Why rules for risk communication are not enough: a problemsolving approach to risk communication.

Thomas, S., Hruday, S.E. (1997), Risk of Death in Canada: What we know and how we know it. Edmonton: Alberta University Press

www.rdec.gov.tw, 2006

Downloads

Published

31-01-2015

How to Cite

Ackah, O., Oteng, E., Osei, A. J., & Agyeiwaa, D. (2015). Risk Management in Micro Payment System in Emerging Economy: An Empirical Study From Ghana. Journal of Advance Research in Business, Management and Accounting (ISSN: 2456-3544), 1(1), 77-81. https://doi.org/10.53555/nnbma.v1i1.150

Similar Articles

1-10 of 129

You may also start an advanced similarity search for this article.