Understanding Risk: Contributions from the Journal of Risk and Governance

During recent years, news headlines have been rife with criticisms of the risk management practices of public and private sector entities. These criticisms have often been accompanied by calls for greater transparency in the way government entities manage risks and communicate dangers to the public. Similarly, in the private sector, the internationalisation of economic activity has heightened concerns over the potential adverse implications of mismanagement and financial scandals, and has led to calls for greater regulation and supervision. While the responses of public sector agencies and private sector actors to these challenges have differed, they share a common acknowledgement that effective governance relies on the pro-active identification, assessment, and management of risks as well as appropriate regulatory frameworks.

This edited book covers a number of divergent topics illustrating the emergence of several novel themes in the area of economic and social risks. As a communality, these novel themes relate to the complexity in which human activity in this late stage of capitalist development is embedded. This risk-generating complexity, in turn, can be observed at several levels, including workplace hazards, governance problems within the private sector or the intersection between public and private, and in relation to the economic risks faced by larger entities such as national governments.

Understanding Risk: Recent Contributions from the Journal of Risk and Governance

Following on from the format of the previous Book Understanding Risk: Contributions from the Journal of Risk and Governance, this collection of recent contributions (including work by the editor) this book is divided in three sections .  The first section examines issues relating to corporate governance in the private sector, with emphasis being placed on issues of 'Board Decision Making,' Earnings Management and Audit Committee Effectiveness'  and ' Corporate Governance Failures.'  These contributions are complemented by the second sections which looks at governance and risk issues affecting the public sector, with a focus being places on 'Public Private Partnerships' and regulation of activities in the Life Sciences.'  Section three focuses on societal risk management in relation to health, safety and the environment.  In this context, contributions are presented in relation to major debates surrounding 'Rising Trends in Cancer Cases,' dilemmas surrounding 'Medical Self Help,' 'Mental Health Policy' and the use of 'Information Technology in Health Care.'

Electronic Journal of Applied Multivariate Statistics

The ecological sciences have experienced immense growth over the course of this century, and chances are that they will continue to grow well on into the next millennium. There are some good reasons for this – ecology encompasses some of the most pressing concerns facing humanity. With recent advances in data collection technology and ambitious field research, ecologists are increasingly calling upon multivariate statistics to explore and test for patterns in their data. The goal of FISH 560 (Applied Multivariate Statistics for Ecologists) at the University of Washington is to introduce graduate students to the multivariate statistical techniques necessary to carry out sophisticated analyses and to critically evaluate scientific papers using these approaches. It is a practical, hands-on course emphasizing the analysis and interpretation of multivariate analysis, and covers the majority of approaches in common use by ecologists. To celebrate the hard work of past students, I am pleased to announce the creation of the Electronic Journal of Applied Multivariate Statistics (EJAMS). Each year, students in FISH 560 are required to write a final paper consisting of a statistical analysis of their own multivariate data set. These papers are submitted to EJAMS at the end of quarter and are peer reviewed by two other class members. A decision on publication is based on the reviewers’ recommendations and my own reading the paper. In closing, there is a need for the rapid dissemination of ecological research using multivariate statistics at the University of Washington. EJAMS is committed to this challenge.