Survey and Prospect for Applying Knowledge Graph in Enterprise Risk Management

Enterprise risk management holds significant importance in fostering sustainable growth of businesses and in serving as a critical element for regulatory bodies to uphold market order.Amidst the challenges posed by intricate and unpredictable risk factors,knowledge graph technology is effectively driving risk management,leveraging its ability to associate and infer knowledge from diverse sources.This review aims to comprehensively summarize the construction techniques of enterprise risk knowledge graphs and their prominent applications across various business scenarios.Firstly,employing bibliometric methods,the aim is to uncover the developmental trends and current research hotspots within the domain of enterprise risk knowledge graphs.In the succeeding section,systematically delineate the technical methods for knowledge extraction and fusion in the standardized construction process of enterprise risk knowledge graphs.Objectively comparing and summarizing the strengths and weaknesses of each method,we provide recommendations for addressing the existing challenges in the construction process.Subsequently,categorizing the applied research of enterprise risk knowledge graphs based on research hotspots and risk category standards,and furnishing a detailed exposition on the applicability of technical routes and methods.Finally,the future research directions that still need to be explored in enterprise risk knowledge graphs were discussed,and relevant improvement suggestions were proposed.Practitioners and researchers can gain insights into the construction of technical theories and practical guidance of enterprise risk knowledge graphs based on this foundation.

Corporate Governance, Enterprise Risk Management, and Inter-temporal Risk Transfer

This work is an initial attempt to describe the interconnections among corporate governance,enterprise risk management,and the phenomena of inter-firm risk transfer that occurs in combination with firms’income smoothing.Corporate governance is conceived as a set of rules according to which a firm is managed and governed by its top managers.Extant literature on corporate governance has pointed out the benefits of the adoption,at a firm level,of a comprehensive enterprise risk management process.We note that,although such an adoption favors the smoothing of a firm’s income,in smoothing the income a firm,it also gives rise to an inter-temporal transfer of risk from the firm itself to its stakeholders,specifically to suppliers and employees.Such transfer of risk depends on the strength of a firm contractual power and on the structural relationships established by a firm with its stakeholders.We therefore argue that larger-sized organizations affiliated with a business group are likely to smooth income to a greater extent than smaller-sized organizations unaffiliated with a business group.The paper also offers some discussions of the findings and points out some important issues to be addressed in future studies.

Internal Control Management and Risk Prevention Measures of State-Owned Enterprises

As an important pillar of national economic development,state-owned enterprises,their operational efficiency,and risk management ability are directly related to the stability and security of the national economy.As an important part of enterprise management,internal control management plays an irreplaceable role.Especially in the current domestic and international economic situation is complex and changeable,market competition is increasingly fierce environment,to strengthen the internal control management of state-owned enterprises and risk prevention measures is particularly important.This paper starts with the importance of internal control management and risk prevention for state-owned enterprises,and analyzes the problems and strategies in the internal control management and risk prevention of state-owned enterprises,in order to build a more comprehensive and efficient risk management system for state-owned enterprises to adapt to the ever-changing market environment and realize sustainable development.

A REVIEW OF ENTERPRISE SUPPLY CHAIN RISK MANAGEMENT

This paper reviews enterprise risk management practices in the context of supply chains. Starting with the importance of managing supply chain risks, the paper established the benefits of managing risks using an enterprise-wise integrated approach. The rest of the paper then presents a practical framework for enterprises to manage risks in their extended supply chains.

Research on Risk Identification of Supply Chain Management in Pharmaceutical Wholesale Enterprises——Taking Enterprise A as an Example

Objective To study the current situation of supply chain management in pharmaceutical wholesale enterprises so that supply chain risks can be identified effectively.Methods Through the analysis of the actual situation of enterprise A,combining with the supply chain problem of the enterprise,the enterprise supply chain risks were found out.Results and Conclusion With the development of pharmaceutical circulation industry,the competition among drug wholesalers has become increasingly fierce.For enterprises,the supply chain risks are increasing,and the traditional upstream and downstream supply risks are transformed into multiple-dimensional risks.The goal of carrying out supply chain risk identification in pharmaceutical wholesale enterprises is to enable key enterprises to discover and understand different types of risks in time so as to improve the management of supply chain.

Study on risk analysis of supply chain enterprises

The sources of supply chain enterprise risk from different aspects including material flow, information flow, cash flow and partner relationship is analyzed. Measures for risk reduction have also been summarized from the aspects of risk sharing, information sharing, change of inventory control mode, and supply chain flexibility. Finally, problems in current research on supply chain risk management are pointed out and a discussion on future research trend is presented.

Problems and Measures in Internal Control and Risk Management of Drug Research and Development Enterprises

The internal control and risk managementof drug research and development enterprises directlyaffects the survival and development of enterprises.With the development of information technologyand the integration with the global economy,pharmaceutical companies are able to achieve moreachievements in development while facing increasingcompetitive pressures. Finance is a pivotal spine of acompany’s development. If the internal control andrisk management of a company are not complete andcomprehensive, the enterprise will inevitably turn intoa crisis. Therefore, it is necessary to strengthen theanalysis of the problems in the internal control andrisk management of drug research and developmententerprises, and propose corresponding solutions.

Enterprise Risk Management Under the Asset-Light Strategy Mode

With the increasing influence of digital economy,the asset-light strategy mode has become the preferred asset operation mode for many enterprises.The asset-light strategy mode has significant advantages.This operation mode has high requirements for comprehensive operation management capabilities,especially the risk management capability.By analyzing the operation status of some enterprises under the asset-light strategy mode,it can be concluded that the enterprise risk management status under this mode is not ideal,and there are obvious problems in corresponding risk management due to the influence of various factors.This paper specifically analyzes the problems existing in enterprise risk management under the asset-light strategy mode and proposes several effective risk management strategies.

Application and Exploration of Overall Risk Management in Construction Enterprises

This paper mainly starts from the perspectives of management and economics,combined with the characteristics of the construction industry,conducts qualitative and quantitative analysis of the risks involved,studies various factors that cause construction enterprise risks from multiple angles,and uses scientific and effective methods to identify and evaluate risks,as well as determine the risk level.Through the overall risk management response strategies and empirical research of construction enterprises,this paper analyzes the general theory and main avoidance strategies of risk response of construction enterprises,and lays the foundation for follow-up risk management response in the form of cases through the implementation of technical route and innovation points.

The Risk and Risk Management of Innovation Development of Enterprises in New Economy Era

The Risk and risk management of innovation and development in enterprises is an inevitable and practical problem depending whether the innovation and development of enterprises in new economy era will be successful or not. This thesis firstly illustrates the concepts and traits of risk, the concepts and times traits of innovation risk in enterprises from the angle of management science; On this basis, it also analyzes the source of risk from the innovation and development in enterprises; at last, it focus on studying the basic thoughts and policies of strengthening the innovation risk management of enterprises in new economy era.

Study of Strategic Management Oriented Enterprise Internal Control

Strategic management oriented enterprise internal control is an inevitable choice after the enterprise develops to a certain scale,and it is also an important starting point for enterprises to adjust their own strategic layout and resource allocation.With the continuous expansion of the scope of internal control supervision,the traditional mode of internal control supervision has become more and more restricted.In view of this,the present study started from the necessity of internal control supervision from the overall and top-level perspectives,and analyzed the current problems in the internal control of enterprises from the perspective of strategic management.The problems include the lack of methods and tools of strategic management,insufficient awareness of strategic risk management,insufficient expansion of internal control objects,insufficient prior intervention in internal control supervision,etc.Finally,it came up with the idea of constructing strategic enterprise internal control,in order to provide an effective reference for the study of enterprise internal control.

Research on Influencing Factors and Countermeasures of Risk Control of State-Owned Enterprises under the Background of Big Data

This study explores the risk control and response strategies of state-owned enterprises in the context of big data.Global economic uncertainty poses new challenges to state-owned enterprises,necessitating innovative risk management approaches.This article proposes response strategies from four key aspects:establishing a proactive risk management culture,building a foundation in technology and data,conducting big data-driven risk analysis,and implementing predictive analysis and real-time monitoring.State-owned enterprises can foster a proactive risk management culture by cultivating employee risk awareness,demonstrating leadership,and establishing transparency and open communication.Additionally,data integration and analysis,leveraging the latest technology,are crucial factors that can help companies better identify risks and opportunities.

Interaction between supply chain risk and organizational performance

To offer a theoretic guidance to practice, on the basis of the work in an emerging strand of supply chain management and by matching the constructs of performance and risk together, a framework between supply chain risk management and organizational performance is developed. The framework includes a series of mutually associated processes as follows: risk sources and profiles, risk and performance drives, risk and performance consequences, risk management responses, and risk and performance outcomes. Furthermore, every process is elaborated on in detail. Thereinto, organizational performance consists of efficiency and effectiveness which is linked to risk drivers and risk management responses. Finally, some necessary discussions and supplements are put forward from a practical point of view. This study is to some extent expected to be conducive to the theories and the practice of supply chain management for contemporary enterprises.

Dynamic Voting Classifier for Risk Identification in Supply Chain 4.0

Supply chain 4.0 refers to the fourth industrial revolution’s supply chain management systems,which integrate the supply chain’s manufacturing operations,information technology,and telecommunication processes.Although supply chain 4.0 aims to improve supply chains’production systems and profitability,it is subject to different operational and disruptive risks.Operational risks are a big challenge in the cycle of supply chain 4.0 for controlling the demand and supply operations to produce and deliver products across IT systems.This paper proposes a voting classifier to identify the operational risks in the supply chain 4.0 based on a Sine Cosine Dynamic Group(SCDG)algorithm.Exploration and exploitation mechanisms of the basic Sine Cosine Algorithm(CSA)are adjusted and controlled by two groups of agents that can be changed dynamically during the iterations.External and internal features were collected and analyzed from different data sources of service level agreements and transaction data from various KSA firms to validate the proposed algorithm’s efficiency.A balanced accuracy of 0.989 and a Mean Square Error(MSE)of 0.0476 were achieved compared with other optimization-based classifier techniques.A one-way analysis of variance(ANOVA)and Wilcoxon rank-sum tests were performed to show the superiority of the proposed SCDG algorithm.Thus,the experimental results indicate the effectiveness of the proposed SCDG algorithm-based voting classifier.

A Petri Net Pareto ISO 31000 Workflow Process Decision Making Approach for Supply Chain Risk Trigger Inventory Decisions in Government Organizations

The Petri Net Pareto method proposed in this study has the advantages of acting directly on computing results by assessment of workflow process information. Our study contributes to the literature because it has investigated an ISO 31000 workflow process approach to group decision making for reducing backorders in the supply chain, from an integrated perspective utilizing Pareto charts and Petri nets. The contribution to the literature is also enhanced by the L-Project illustrative example that presents an evaluation hierarchy of supply chain risk. The proposed method is appropriate for use in situations in which assessment information may be qualitative or precise quantitative information is either unavailable or too costly to compute.