Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal The Journal of Financial, Accounting and Economics
Dewa Gede Raka Brahma Kumara
Unknown Affiliation
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Risk Assessment and Risk Tolerance in Strengthening the Effectiveness of Organizational Risk Management: A Systematic Literature Review Dewa Gede Raka Brahma Kumara
The Journal of Financial, Accounting, and Economics Vol. 3 No. 1 (2026)
Publisher : PT. Global World Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58857/JFAE.2026.v03.i01.p02

Abstract

This study aims to systematically examine the risk assessment process and the determination of risk tolerance levels in the context of organizational risk management. The method used is a Systematic Literature Review (SLR), which involves analyzing various scientific publications released between 2015 and 2025, obtained from databases such as Scopus, Web of Science, and Google Scholar. The findings reveal that risk assessment plays a crucial role in identifying, analyzing, and evaluating potential threats to the achievement of organizational objectives. Meanwhile, risk tolerance serves as the threshold for risk acceptance, enabling organizations to balance risks and opportunities in strategic decision-making. Factors such as organizational culture, resource capacity, and external conditions were found to influence the level of risk tolerance applied. The literature synthesis indicates that alignment between risk tolerance and risk appetite can enhance the effectiveness of risk management and strengthen an organization’s competitiveness and sustainability. This study provides a theoretical contribution to understanding the relationship between risk assessment and risk tolerance, as well as serving as a practical guide for organizations in developing adaptive and measurable risk management systems.
Co-Authors