Open AccessRisk Management In Micro Payment System In Emerging Economy: An Empirical Study From Ghana
Author(s) -
Owusu Ackah,
Emmanuel Oteng,
Antwi John Osei,
Doris Agyeiwaa
Publication year - 2015
Publication title -
journal of advance research in business, management and accounting
Language(s) - English
Resource type - Journals
ISSN - 2456-3544
DOI - 10.53555/nnbma.v1i1.150
Subject(s) - payment , empirical research , risk management , business , process (computing) , payment system , test (biology) , regression analysis , actuarial science , marketing , risk analysis (engineering) , computer science , finance , statistics , paleontology , mathematics , machine learning , biology , operating system
This study examined the relationship between risk communication and review process and the entire risk management process in micro payment system. An empirical study was conducted into this phenomenon. Questionnaire was used to collect data from key informants within the micro payment industries. In all a total of 120 respondents was used. Furthermore, Pearson correlation and Linear regression analysis was conducted to test the hypotheses stated for this study. According to the statistical finding of this study is proved that information dissemination between providers and clients contributed significantly to risk mitigation and reduction. Also risk communication process coupled with a review process enabled firms to deal with ineffective strategies and practices.