The Dali Model in Risk-Management Practice: The Case of Financial Services Firms

Rebecca Dalli Gonzi, Simon Grima (), Murat Kizilkaya and Jonathan Spiteri
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Rebecca Dalli Gonzi: Department of Construction & Property Management, University of Malta, MSD 2080 Msida, Malta
Murat Kizilkaya: Department of Economics, Faculty of Economics and Administrative Sciences, Ardahan University I.I.B.F, 75000 Ardahan Merkez/Ardahan, Turkey
Jonathan Spiteri: Department of Insurance, Faculty of Economics, Management and Accountancy, University of Malta, MSD 2080 Msida, Malta

JRFM, 2019, vol. 12, issue 4, 1-15

Abstract: Originality/value—this model contributed to the vast literature on models of change and risk management within organisations, but was not validated empirically for reliability of the factors, and on financial services providers within small jurisdictions. Therefore, the significance and importance of such a study lies firstly on the premise that testing on small countries can be deemed as small laboratories for more complex politics, regulations and policies of larger countries and secondly, the importance of financial services as essential for prosperity in a country’s economy. This model will provide an empirically tested proactive model in a specific environment for managing organisational risks to arrive at their objectives with minimal setbacks.

Keywords: change management; decision-making model; risk management; resource management; process improvement; good governance (search for similar items in EconPapers)
JEL-codes: C E F2 F3 G (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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