Mixed Research Methodology on Governance in Nuclear Energy Company

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This report examines the application of mixed research methodologies within the nuclear energy sector, specifically focusing on corporate governance and risk management in the United Arab Emirates. The research utilizes a combination of quantitative and qualitative methods, including surveys, interviews, and analysis of secondary data such as company reports and literature. The study investigates the major risks in the nuclear sector, assesses the effectiveness of current corporate governance strategies, and analyzes the implementation of risk management strategies within nuclear energy companies. The report also critiques the chosen mixed methods approach, highlighting both its advantages and disadvantages. The research aims to provide a comprehensive understanding of the role of corporate governance in mitigating risks and ensuring the successful operation of nuclear energy projects in the UAE, emphasizing the importance of suitable governance for managing risks within the nuclear energy sector.
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Running head: MIXED RESEARCH METHODOLOGY IN NUCLEAR ENERGY COMPANY
Mixed Methodology on Governance Effectiveness in Nuclear Energy Corporation
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1MIXED RESEARCH METHODOLOGY IN NUCLEAR ENERGY COMPANY
Table of Contents
1. Research Question Description........................................................................................2
2. Description of Quantitative and Qualitative Methods.....................................................3
3. Description of Mixed Methods Methodology.................................................................5
4. Critique on Described Approach.....................................................................................7
5. The Description on the Use of Mixed Methods...............................................................8
References..........................................................................................................................11
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2MIXED RESEARCH METHODOLOGY IN NUCLEAR ENERGY COMPANY
1. Research Question Description
The research questions that is prepared in this paper is based on the theme of
investigating the ability and importance of corporate governance in dealing with the risks in
nuclear energy sector operations (Bahr 2014). The evaluation of the research questions is focused
on explaining the objectives that are to be addressed in attaining suitable answers for these
questions. The questions in this research includes analyzing the major threats of risks exposed
within the nuclear sector within the energy sector of United Arab Emirates. The research
questions will also include analyzing the current situation of corporate governance within the
energy sector of United Arab Emirates and will also analyses the extent to which the risk
governance strategies are effective in the nuclear energy sector (Bammer and Smithson 2012).
The research questions these are developed in this research is also centered in analyzing the
extent to which the general risk management strategies are implemented and adopted by the
nuclear sector companies in the United Arab Emirates. The research questions considered to
address the largest concern within the sphere of service and production provision is the
considerable amount of related risk. The importance of dealing with these risks is immense as in
great number of instances such risk management has resulted in the figure of certain business
projects (Brunnengräber and Schreurs 2015). This serves as the entry point for the corporate
governance role in dealing with the risk management properly for the reason that most business
collapse are facilitated through corporate governance failure.
In addressing the research questions explained above the organization for Economic Co-
operation along with Development reports the necessity of suitable governance for taking control
of the risks related with any project carried out within the nuclear energy sector. The importance
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3MIXED RESEARCH METHODOLOGY IN NUCLEAR ENERGY COMPANY
of the risk management within the country’s nuclear sector is present within the fact that it serves
as among the potential sector whose successful implementation might facilitate United Arab
Emirates address more than one fourth of its energy requirements (Taylor, Bogdan and DeVault
2015). The research questions also focus on explaining the fact that for such reasons the risk
management strategy implementation within the UAE nuclear sector is drastically growing with
observed positive economic growth. The research questions those are set in this research are
completely focused on the suitable data collection and analysis of insights from them that
remains operative among the organizational employees. The research questions are focused on
Emirates Nuclear Energy Commission and it facilitates Layman to attain a concentrated image of
the energy sector within the country (Taylor, Bogdan and DeVault 2015).
2. Description of Quantitative and Qualitative Methods
In carrying out research on the effectiveness of risk management within the nuclear
energy sector of United Arab Emirates, mixed research methodology is selected. Considering the
mixed research approach, self-administered questionnaire survey will develop the basis for
investigation (Mertens 2014). Moreover, it will also facilitate in reaching the employees along
with their perspective considerably by means of the responses considered by them. Mixed data
collection method has also considered employing questionnaire survey technique through which
the employees can be enquired and their perspective will be subsequently analyzed by means of
responses made by them (Taylor, Bogdan and DeVault 2015). Through questionnaire method the
employees will be enquired regarding mainly on corporate governance and risk management
practices that is in operation within nuclear energy sector of United Arab Emirates.
Questionnaire method applied within the research will be focused several risks associated with
operational, credit, audit, economic, financial, environmental, social and so on (Palinkas et al.
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4MIXED RESEARCH METHODOLOGY IN NUCLEAR ENERGY COMPANY
2015). The intentions of this qualitative research method will be focused on evacuating the
responses in comparison to the efficiency of corporate governance exerted within the risk
management.
The researcher within this expiration employed mixed research method approach through
carrying out structured interviews that was relied on the close and open-ended questions (Taylor,
Bogdan and DeVault 2015). This research method has also focused on carrying out in-depth
interviews with the survey participants within which the interview was carried out by means of
open-ended questions in order to gather detailed information on the research topic. Considering
the mixed research approach, stratified sampling technique will be employed that will consider
approximately 100 people within al the strata along with the data gathered from the operational
executive sources those are present regarding executive sources of nuclear energy sector of Abu
Dhabi (Smith 2015). Through employing missed research method approach both primary and
secondary data that develops the data collection basis. In mixed method quantitative as well as
qualitative data has been gathered in explaining the risk management and corporate governance
strategies followed within the Arab Emirates Nuclear Energy Sector.
Following the quantitative data collector aspect in applying mixed methods approach,
primary data in this research has been gathered by means of interview carried out through the
questionnaire (Taylor, Bogdan and DeVault 2015). Moreover, secondary data will also be
gathered in this research focused on qualitative aspect of the mixed research method. This has
been carried out by means of newspapers, company reports along with several existing
literatures. The secondary data collection method is focused on evaluating the recent corporate
governance situation within the nuclear energy sector of United Arab Emirates (Taylor, Bogdan
and DeVault 2015). Quantitate data analysis process is also considered within implementation of
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5MIXED RESEARCH METHODOLOGY IN NUCLEAR ENERGY COMPANY
mixed method approach in this research. Considering the same, analysis of gathered data was
carried out by means of employing “Statistical Package for the Social Science (SPSS)” with
increased focus on the statistical evaluation (Molina-Azorin, 2011). Such evaluation is focused
on carrying out statistical analysis of the likely impact on corporate governance in recognizing,
monitoring, managing and evaluating the risk management. Mixed research approach is
explained in analyzing the importance of nuclear sector is undeniable as a power generation
source within UAE. This facilitates in making it among the emerging industry within the national
economy.
3. Description of Mixed Methods Methodology
Research methodology of mixed approach can be explained as a research carried out
through employing both the quantitative as well as qualitative research techniques. Within the
missed research approach and data analysis methodology relevant data was gathered, evaluated
and integrated through using quantitative research methods as well as qualitative research
approaches (McCusker and Gunaydin 2015). Quantitative methods are largely used through
employing survey methods including structured and sampled survey as well as laboratory-based
experiments. Qualitative methods on the other hand considers carrying out in-depth interviews
that is also considered as key informative interviews, focus group discussions, life histories, case
studies along with participants observations. Quantitative data that is used within the mixed
approach that is considered as structured data which is also deemed as close-ended information
gathered by means of rating scales, measure attitudes, checklists along with necessary
observations (McKim 2017). Quantitative data is also employed in the research in order to test
the exploration-based hypotheses and theory in order to maintain the validation of the
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assumptions. The data collection instrument that is widely employed within the quantitative data
is considered to be the questionnaire.
In the approach of mixed data collection, qualitative data is explained as an information
set that is gathered by means of open-ended questions within focus-group interviews, face-to-
face interviews, observational notes within the field work along with descriptive notes explained
within the case studies along with the participants life history (Taylor, Bogdan and DeVault
2015). The researchers greatly consider implementing missed research approach in the
exploration in order to attain enough data associated with the breadth and depth regarding the
objectives and subject of the research. Methodology of mixed approach is implemented by the
researchers in order to attain enough information associated with the depth and breadth of the
topic along with the research objectives. Mixed research method approach facilitates the
researchers to employ numerous sources of data collection for examining a process.
Mixed research methods can be explained as an aspect of triangulation among the
research methods, primary data sources along with the researchers (Taylor, Bogdan and DeVault
2015). There are few major research designs which are employed within the mixed methods
research. They include sequential explanatory along with exploratory design, concurrent
triangulation along with concurrent nested missed research approach. All the research deigns that
are followed in following mixed research approach has certain weaknesses and strengths based
on their applicability. It has also been evidenced that research design of concurrent triangulation
is a type of mixed approach that is employed by the researchers in developing a detailed
understanding on a research process, topic or cross validate the findings associated with
quantitative or qualitative research. The researchers also focus on implementation of mixed
research method through collaborating the research findings of the method with hep of several
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7MIXED RESEARCH METHODOLOGY IN NUCLEAR ENERGY COMPANY
other research methods. Concurrent nested mixed research approach employs a single primary
data collection phase and the researcher has defined a predominant technique (Mackey and Gass
2015). Such mixed research techniques can ether employ qualitative or quantitative research
approach and it is incorporated within the predominant method that is explained by the
researcher.
4. Critique on Described Approach
Mixed research approach is employed by the researchers in case they intend to validate
the findings of the primary data collected by means of a single method along with
implementation of alternative methods (Flick 2015). This can be explained through considering
that primary data collection techniques by means of quantitative research methods that can be
validated by means of qualitative research methods. In addition, findings associated with the
primary data gathered can be validated by means of employing qualitative research techniques.
In addition, the outcomes associated with primary data collection by means of qualitative
research methods is likely to be validated by means of quantitative research methods. One of the
major reasons, for which the missed research approach methodology is employed by the
researchers is to focus on the research questions in order to attain unexpected outcomes by
means of employing district angles (Heinonen 2011). This facilitates in attaining certain
similarities as well as contradiction that could not be done through implementing a particular
mixed method approach. For instance, the researchers employ qualitative research methods in
order to deal with the limitations related with quantitative research methods that offers additional
information on research questions for explaining related research details.
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8MIXED RESEARCH METHODOLOGY IN NUCLEAR ENERGY COMPANY
Another use of mixed methods methodology is observed at the time when the researchers
explain research results or building on the research findings from several research methods. In
case the researchers are attempting to explain the findings. Implementation of mixed methods
facilitates the researchers go deeper and broader for understanding a process or explain the
results devoid of dealing with boundaries of a particular research method. Along with the
advantages related with the mixed methods and there are certain disadvantages related with the
methodology of mixed method (Johnson, Onwuegbuzie and Turner 2017). The first disadvantage
associated with the mixed methods is that the research design is complex to understand and
another disadvantage is that the time needed in carrying out this method. The research design
that is employed within the mixed methods takes a huge time in comparison to the planning
along with within its implementation. Similarly, another disadvantage related with the mixed
method includes the problem related with dealing with discretion within the interpretation. In
addition, another disadvantage related with mixed methods serves as an issue in dealing with the
discrepancies within the interpretation. In addition, the benefits related with mixed methods are
more than its limitations. Moreover, the researcher employs methods of qualitative research in
order to develop an innovative theory along with the quantitative methods for testing a specific
theory (Lewis 2015). In addition, the researchers also employ mixed methods methodology in
order to generalize all the reasechers outcomes. Mixed research method facilitates the researcher
in generalizing the research findings carried out by means of qualitative methods. In employing
mixed research method, if the researcher is involved within a causal relationship, qualitative
research methods are implemented in the research.
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9MIXED RESEARCH METHODOLOGY IN NUCLEAR ENERGY COMPANY
5. The Description on the Use of Mixed Methods
The objective of the current research was to investigate the risk management strategies
implemented by the nuclear energy corporations within the United Arab Emirates.
Implementation of proper mixed research method has facilitated in analyzing the fact that the
companies within the modern world operates in complex market and environment situations that
are exposed to different types of threats and risks (Caron 2013). Management of such types of
unanimities within the nuclear energy sector makes sure that they can be dealt with
implementation of several methodical strategies. Risk management can be examined as a
technique which encompass steps which recognize the issues within the operation along with
making better prioterisng of risks. Implementation of mixed research methods indicate that the
major intention of risk management is to offer scope related with uncertainty that can impact
performance of nuclear energy corporations within the nation along with attaining business
objectives. In analyzing the risks faced by the nuclear energy industry of United Arab Emirate,
self-administrative questionnaire method was employed that formed the basis of exploration
based on mixed research methods (Creswell and Creswell 2017). Implementation of such
research strategy facilitated in gathering effective responses from the employees and supported
in evaluating the responses made by them. Mixed research method facilitated in attaining
effective research results through implementation of qualitative and quantitative research
techniques. Implementation of this research technique has facilitated in attaining effective
research outcomes which indicted that importance of the nuclear industry is not deniable as a
power generation source that has made it most emerging industry within the economy.
Considering the advantages of mixed research methodology, this research method is
considered to be implemented in exploring use of risk management and effectiveness of
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corporate governable within the nuclear energy industry of United Arab Emirates (Daniel,
Cieslewicz and Pourjalali 2012). In investigating the same mixed research approach has been
used in gathering relevant data by means of structured interviews, case studies as well as in-dept
interviews. In addition, the gathered primary data for he research carried out on risk management
in nuclear sector followed a survey or quantitative/qualitative interview that offers an in-depth
explanation as well as statistics associated ith the research variables. Quantitative data that is
used within the mixed approach that is considered as structured data which is also deemed as
close-ended information gathered by means of rating scales, measure attitudes, checklists along
with necessary observations. Quantitative data is also employed in the research in order to test
the exploration-based hypotheses and theory in order to maintain the validation of the
assumptions. Implementation of mixed research method has facilitated in offering vital details
regarding the recent practices regarding corporate governance within nuclear energy sector along
with analtsing the effectiveness within its risk management (Dillman, Smyth and Christian
2014). In order to attain a higher position within the company proposing for recommendations
turned out to be simpler for attaining improvement within the operations of the organization.
Mixed method research implementation has also facilitated in analyzing the risk management
practices within nuclear energy sector that are also evaluated and they further contribute to the
existing theory (Taylor, Bogdan and DeVault 2015). Such research methodology has also
facilitated in attaining support in making sure of the development along with presenting new
approaches of improvement within the UAE nuclear sector.
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11MIXED RESEARCH METHODOLOGY IN NUCLEAR ENERGY COMPANY
References
Bahr, N.J., 2014. System safety engineering and risk assessment: a practical approach. CRC
Press.
Bammer, G. and Smithson, M. eds., 2012. Uncertainty and risk: multidisciplinary perspectives.
Routledge.
Brunnengräber, A. and Schreurs, M., 2015. Nuclear energy and nuclear waste governance
perspectives
Caron, F., 2013. Project Risk Management. In Managing the Continuum: Certainty, Uncertainty,
Unpredictability in Large Engineering Projects (pp. 67-74). Springer Milan.
Creswell, J.W. and Creswell, J.D., 2017. Research design: Qualitative, quantitative, and mixed
methods approaches. Sage publications.
Daniel, S.J., Cieslewicz, J.K. and Pourjalali, H., 2012. The impact of national economic culture
and country-level institutional environment on corporate governance practices. Management
International Review, 52(3), pp.365-394.
Dillman, D.A., Smyth, J.D. and Christian, L.M., 2014. Internet, phone, mail, and mixed-mode
surveys: the tailored design method. John Wiley & Sons.
Flick, U., 2015. Introducing research methodology: A beginner's guide to doing a research
project. Sage.
Heinonen, K. 2011. Consumer activity in social media: Managerial approaches to consumers’
social media behavior. Journal of Consumer Behavior, 10(1), pp.356-364.
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