Organizational Learning and Risk Management Maturity: Systematic and Meta-Analyses Approach

Nwaibe Chinelo Ifeyinwa (), Ogbuefi Joseph Ugochukwu and Egbenta Idu Robert
Additional contact information
Nwaibe Chinelo Ifeyinwa: PhD-in-view, Lecturer II, Caritas University Amorji-Nike, Nigeria
Ogbuefi Joseph Ugochukwu: Professor, University of Nigeria Nsukka, Nigeria
Egbenta Idu Robert: PhD, Senior lecturer, University of Nigeria Nsukka, Nigeria

Business Ethics and Leadership, 2022, vol. 6, issue 3, 68-76

Abstract: This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of investigating the role of developers in the economic development of the country. The relevance of this scientific problem decision is that the risk management maturity on the part of developers is often underestimated when researching developing real estate markets. Systematization of the literary sources and approaches for solving the problem of risk management proved the presence of a significant number of studies that confirm the hypothesis that some of the developers have not reached the normalized risk management maturity scale. The main purpose of the paper is to explore the role of organizational learning in enhancing risk management maturity, as a means of setting research agenda for its empirical evaluation in emerging economies. Using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) approach, the article systematizes the scientific literature on the importance of organizational learning in managing real estate investment maturity risks in emerging economies like Nigeria. The object of the research was indexed studies on Web of Scholar, Google Scholar, Emerald and Pubmed databases. Qualitative analysis methods have become a methodical toolkit for determining the parameters of organizational learning that contribute to the achievement of risk management maturity. The paper confirms and theoretically proves that risk knowledge acquisition, integration and transformation had potentials of respectively leading to sustainable risk identification, assessment and mitigation in property development projects. The results of the study form the basis for the understanding by scholars, practitioners and policy makers of their contribution to scientific research on the issues of a risk management mature property development sector in emerging economies. The strengths of this study are that it aims to identify the importance of organizational learning in risk management mature property investment in emerging markets.

Keywords: emerging market property developers; corporate learning; risk management maturity (search for similar items in EconPapers)
JEL-codes: D81 G32 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.21272/bel.63.68-76.2022 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:belead:v:6:y:2022:i:3:p:68-76:n:8

DOI: 10.21272/bel.63.68-76.2022

Access Statistics for this article

Business Ethics and Leadership is currently edited by Tetyana Vasilyeva

More articles in Business Ethics and Leadership from Sciendo
Bibliographic data for series maintained by Peter Golla ().