Participation of Stakeholders in Risk Management and Economic Challenges of Iran

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Tavakli Abdullah

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Journal Paper

Paper Information

Journal: Journal of Economic Essays; an Islamic Approach Year:2023 | Volume:20 | Issue:40 Page(s): 167-190

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Information Journal Paper

Title

Participation of Stakeholders in Risk Management and Economic Challenges of Iran

Author(s)

Tavakli Abdullah | Issue Writer Certificate

Keywords

Risk Management

economic challenges

Participation

stakeholders

stakeholder participation

Abstract

Today, economic activities at the company, local and national level are facing challenges and uncertainties for many reasons. This problem can become a serious obstacle for the planning and management of this category of activities and cause major concerns, especially for the Iranian society, which, in addition to the usual challenges, is also under sanctions. Therefore, in these conditions, the management of existing uncertainties and risks becomes very important; Because with the correct use of Risk Management frameworks and models, we can hope to overcome these conditions to a large extent. This research aims to investigate how to use Risk Management and its patterns, especially with emphasis on the Participation of different stakeholders such as shareholders, policy makers, managers, customers and other stakeholders. The findings of the research with the method of logical analysis show that the Participation of different stakeholders and at the macro level the Participation of people in the Risk Management process can facilitate the management of economic challenges, including achieving economic growth and overcoming high inflation rates.

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