Public Risk Management in Greece: The Tone of the Top

This study examines the perceptions of top-level decision makers in Greek public interest organizations regarding key enablers and barriers to risk management implementation. Despite the strategic importance of risk governance globally, empirical evidence from the Greek public sector remains sparse. Based on structured interviews and quantitative Likert-scale responses, the findings confirm that organizational size and the managerial experience of public administrators are perceived as critical drivers of effective risk management. Conversely, complexity in procedures, legislative overload, and the absence of a risk-aware culture emerge as the principal constraints. The study emphasizes the centrality of leadership, the “tone at the top”, in shaping risk management practices, offering novel evidence for both scholars and policy practitioners.

Authors

Institutions

Publication Details

Journal
Theoretical Economics Letters
Published
2025-01-01
DOI
https://doi.org/10.4236/tel.2025.154060
Primary Topic
Risk Management in Financial Firms
Type
article
Field-Weighted Citation Impact
0.00

Funders

Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Public Risk Management in Greece: The Tone of the Top

Θάνος Παπαδόπουλος
Theoretical Economics Letters
Risk Management in Financial Firms
article

Public Risk Management in Greece: The Tone of the Top

Θάνος Παπαδόπουλος
article en

Abstract

This study examines the perceptions of top-level decision makers in Greek public interest organizations regarding key enablers and barriers to risk management implementation. Despite the strategic importance of risk governance globally, empirical evidence from the Greek public sector remains sparse. Based on structured interviews and quantitative Likert-scale responses, the findings confirm that organizational size and the managerial experience of public administrators are perceived as critical drivers of effective risk management. Conversely, complexity in procedures, legislative overload, and the absence of a risk-aware culture emerge as the principal constraints. The study emphasizes the centrality of leadership, the “tone at the top”, in shaping risk management practices, offering novel evidence for both scholars and policy practitioners.

Theoretical Economics LettersVol. 15(04)
University of West Attica (GR)
University of West Attica
Openalex Percentile: Top 66%
Risk Management in Financial Firms
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.