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Risk management in maritime business: A qualitative study on managerial decision making of ship owning company managers

    1. [1] Dokuz Eylül University

      Dokuz Eylül University

      Turquía

  • Localización: Maritime Transport'16 / coord. por Francisco Javier Martínez de Osés, Marcella Castells Sanabra, 2016, ISBN 978-84-9880-591-8, págs. 458-473
  • Idioma: inglés
  • Enlaces
  • Resumen
    • Maritime Business is a risky business as its nature and managing uncertainty under high risk often causes accidents and catastrophic events. But besides technical and environmental sources of accidents however one of the basic sources of risky situations lies under managerial decision making failures. Managing these uncertainty and fuzzy situations becomes very important in averting risky circumstances or minimizing the difficulties while handling them. The purpose of the study is to discuss the importance of managerial decision making in risk management taking into account the effects of the relevant culture. The originality of the study lies in highlighting the differences and similarities to figure out the main source of failures through handling the risk from management point of view. Semi structured interviews were conducted with branch managers of global ship owners in Izmir and managers of Turkish ship owning companies in Izmir. The management decision making styles have been evaluated with the help of interviews. This paper has the potential to contribute to understanding the main approaches and cultural differences when managing the maritime risk by considering the human resources in land offices.


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