Enterprise Risk Management Models: Focus on Sustainability (Springer Texts in Business and Economics)

Preface
	References
Acknowledgment
Contents
1: Enterprise Risk Management in Supply Chains
	Unexpected Consequences
	Supply Chain Risk Frameworks
		Types of Risk
			A Framework for Risk Management
	Risk Context and Drivers
	Risk Management Influencers
	Decision Makers
	Risk Management Responses
	Performance Outcomes
	Risk Categories within Supply Chains
	Process
	Mitigation Strategies
	Conclusions
	References
2: Risk Matrices
	Risk Management Process
	Risk Matrices
	Color Matrices
	Quantitative Risk Assessment
	Strategy/Risk Matrix
	Risk-Adjusted Loss
	Conclusions
	References
3: Value-Focused Supply Chain Risk Analysis
	Hierarchy Structuring
		Hierarchy Development Process
		Suggestions for Cases Where Preferential Independence Is Absent
		Multiattribute Analysis
	The SMART Technique
		Plant Siting Decision
	Conclusions
	References
4: Examples of Supply Chain Decisions Trading-off Criteria
	Case 1: Lombardi Netto et al. (2021)
		Value Analysis
	Case 2: Liu, Eckert, Yannou-Le Bris, and Petit (2019)
		Value Analysis
	Case 3: Lin et al. (2022)
		Value Analysis
	Case 4: Urbaniec et al. (2021)
		Value Analysis
	Case 5: Akyuz, Karahalios, and Celik (2015)
		Value Analysis
	Conclusions
	References
5: Simulation of Supply Chain Risk
	Inventory Systems
	Basic Inventory Simulation Model
	System Dynamics Modeling of Supply Chains
	Pull System
	Push System
	Monte Carlo Simulation for Analysis
	Conclusion
	References
6: Value at Risk Models
	Definition
	The Basel Accords
		Basel I
		Basel II
		Basel III
	The Use of Value at Risk
	Historical Simulation
	Variance-Covariance Approach
	Monte Carlo Simulation of VaR
	The Simulation Process
	Demonstration of VaR Simulation
	Conclusions
	References
7: Chance-Constrained Models
	Chance-Constrained Applications
	Portfolio Selection
	Demonstration of Chance-Constrained Programming
	Maximize Expected Value of Probabilistic Function
	Minimize Variance
	Solution Procedure
	Maximize Probability of Satisfying Chance Constraint
	Real Stock Data
	Chance-Constrained Model Results
	Conclusions
	References
8: Data Envelopment Analysis in Enterprise Risk Management
	Basic Data
	Multiple Criteria Models
	Scales
	Stochastic Mathematical Formulation
	DEA Models
	Conclusion
	References
9: Data Mining Models and Enterprise Risk Management
	Bankruptcy Data Demonstration
	Software
	Decision Tree Model
	Logistic Regression Model
	Neural Network Model
	Descriptive Data Mining Studies Involving Climate Change
		Coal Phase-out in Europe
		Association Rule Mining of Adaptation Options
		Cluster Analysis
		Time Series Forecasting
	Summary
	References
10: Balanced Scorecards to Measure Enterprise Risk Performance
	ERM and Balanced Scorecards
	Sustainability Performance Measurement
	Da Silva Neiva et al. (2021) Urban Sustainability
	Lu et al. (2022) Sustainability Balanced Scorecard
	Pereira Ribeiro et al. (2021) Balanced Scorecard to Measure Attainment of SDGs
	Conclusions
	References
11: Machine Learning and Artificial Intelligence Risk
	Definitions
	Common Machine Learning Algorithms
		Linear Regression
		Logistic Regression
		The K-Nearest Neighbors Algorithm
	Multi-layer Perceptron Artificial Neural Networks (MLP-ANNs)
	Support Vector Machines
	Random Forest
	Principal Component Analysis
	Integrated Z-Score and MLP-ANN Models
	Case Study
	Artificial Intelligence Support to Supply Chains
	Artificial Intelligence Applications
	The Downside of AI
	Challenges and Opportunities
	References
12: Enterprise Risk Management in Projects
	Project Management Risk
		Risk Management Planning
		Risk Identification
		Qualitative Risk Analysis
		Quantitative Risk Analysis
		Risk Response Planning
		Risk Monitoring and Control
	Project Management Tools
		Simulation Models of Project Management Risk
		Governmental Project
	Conclusions
	References
13: Natural Disaster Risk Management
	Emergency Management
	Emergency Management Support Systems
	Example Disaster Management System
	Disaster Management Criteria
	Multiple Criteria Analysis
		Scores
		Weights
		Value Score
	Natural Disaster and Financial Risk Management
	Natural Disaster Risk and Firm Value (Oh et al., 2009)
		Financial Issues
		Systematic and Unsystematic Risk
		Investment Evaluation
		Strategic Investment
		Risk Management and Compliance
	Conclusions
	References
14: Sustainability and Enterprise Risk Management
	What We Eat
		The Energy We Use
		The Supply Chains that Link Us to the World
		The Triple Bottom Line
	Sustainability Risks in Supply Chains
		The United Nations View of Sustainability
			Dimensions of Sustainability
			UN Sustainable Development Goals
			Studies of Sustainable Development Goals Applying Data Mining
			Use of SDGs in Carbon Emission Evaluation
			Clustering of Development Trajectories
	Models in Sustainability Risk Management
		Sustainability Selection Model
		Criteria
		Weight Development
		Scores
		Value Analysis
	Conclusions
	References
15: Environmental Damage and Risk Assessment
	Specific Features of Managing Natural Disasters
	Framework
		Cost-Benefit Analysis
		Contingent Valuation
		Conjoint Analysis
		Habitat Equivalency Analysis
	Summary
	References
Index