Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Future Risks and Strategies: A Case Study of Saudi Arabian Mining Company

Author(s): Ouarda Belkacem Layachi

The occurrence of a series of crises and risks in many public and private institutions in various parts of the world which is the main cause for their explosion due to corruption, mismanagement, lack of control and expertise. Similarly lack of transparency led to the emergence of the concept of good governance which ensures good management of institutions and organizations, and limit the unsound actions by leaders. It is also worth mentioning that governance emerged as part of a global culture to enhance the participation of various parties of community with the government in the making and implementation of public policies to express interaction or partnership between the state, civil society and private sector to achieve sustainable development. The study focuses on concept of risk management and the most important development, its types and dimensions. It will further examines Governance and control mechanisms in the management of risk in an era of unrest and the extent of applying good governance in various stages of precaution strategies in risk management. Content analysis is use as methodology of the paper. Finally, researcher will suggest useful suggestions and recommendation on subject matter.