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Factors That Obstruct the Reporting of Information About Risks in Critical Infrastructure Companies

In: Averting Disaster Before It Strikes

Author

Listed:
  • Dmitry Chernov

    (ETH Zürich)

  • Ali Ayoub

    (Massachusetts Institute of Technology)

  • Giovanni Sansavini

    (ETH Zürich)

  • Didier Sornette

    (Southern University of Science and Technology)

Abstract

In 2013–2015 two of the present authors conducted the study of tens of major accidents and incidents sought to identify the reasons that prevent the transmission of relevant, clear and accurate information about risks, both within an organization (intra-organizational) and between different organizations (inter-organizational). More than 30 recurring factors were identified that appeared repeatedly in major disasters around the world and within different historical periods. The study concluded that, when employees distort information about risks before or during a disaster, they do it not because of their own individual characteristics or personal motives, but because the internal environment of the organization motivates people working there to hide risks from both internal and external audiences.

Suggested Citation

  • Dmitry Chernov & Ali Ayoub & Giovanni Sansavini & Didier Sornette, 2023. "Factors That Obstruct the Reporting of Information About Risks in Critical Infrastructure Companies," Springer Books, in: Averting Disaster Before It Strikes, chapter 0, pages 15-91, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-30772-0_2
    DOI: 10.1007/978-3-031-30772-0_2
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