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The enactment of risk categories: organizing and re-organizing risk management practices in the energy industry

Scott, Susan V. ORCID: 0000-0002-8775-9364 and Perry, Nicholas (2006) The enactment of risk categories: organizing and re-organizing risk management practices in the energy industry. Working paper series (148). Information Systems Group, London School of Economics and Political Science, London, UK.

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Abstract

Aimed at energy organizations adapting to the competitive demands associated with liberalization, transaction and risk management software “A-Trade” was part of the shift from a traditional engineer-led culture of risk cognition to market-oriented financial risk management. The story of A-Trade illustrates the progress of risk industries, the development of encounters between different risk cultures, and the entanglement of technological artefacts in the enactment of managerial approaches to risk. We suggest that risk management is an organizing category in whose name organizing and re-organizing activity is done. In our conclusion, we consider what the story of A-Trade tells us about how organizations experience the limits of their own capacity to organize in the face or uncertainty and consider the role of routine information infrastructures in mitigating risk.

Item Type: Monograph (Working Paper)
Official URL: http://www.lse.ac.uk/collections/informationSystem...
Additional Information: © 2006 The Author
Divisions: Management
Centre for Economic Performance
Centre for Analysis of Risk & Regulation
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
H Social Sciences > HG Finance
Q Science > QA Mathematics > QA76 Computer software
T Technology > T Technology (General)
JEL classification: D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D81 - Criteria for Decision-Making under Risk and Uncertainty
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O32 - Management of Technological Innovation and R&D
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O33 - Technological Change: Choices and Consequences; Diffusion Processes
Date Deposited: 16 Aug 2011 10:28
Last Modified: 15 Sep 2023 23:06
URI: http://eprints.lse.ac.uk/id/eprint/37868

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