Risk Management: Strategies for Employees with Disability

Yueming Song ()
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Yueming Song: United World College of the Atlantic, United World College of the Atlantic, Llantwit Major, Vale of Glamorgan

A chapter in Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025), 2025, pp 173-179 from Springer

Abstract: Abstract This report provides an in-depth analysis of the various risks faced by small and medium-sized enterprises (SMEs) when hiring employees with disabilities, covering multiple dimensions such as financial risk, strategic risk, and operational risk. Through detailed case studies and theoretical explanations, it reveals the potential impact of these risks on business development and proposes corresponding risk mitigation measures. In the risk assessment section, using a fictional Company A as an example, the likelihood and impact of various risks are quantified, and the residual risk level is assessed based on existing internal control measures. Finally, a comprehensive risk mitigation (corrective action) plan is developed, outlining response strategies for each risk event, new control effectiveness ratings, residual risk ratings, risk owners, subcommittees, target completion timelines, and reporting frequencies. This aims to help Company A ensure compliance while achieving long-term sustainable development. This study provides a comprehensive risk management guide for SMEs when hiring employees with disabilities, helping companies promote social inclusion while ensuring their own stable operations and sustainable development.

Keywords: Risk mitigation; hiring employees with disabilities; small and medium-sized enterprises; corrective measures; sustainable development (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-916-2_21

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DOI: 10.2991/978-94-6463-916-2_21

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