scholarly journals Organizational Factors in Enterprise Risk Management Effectiveness: A Conceptual Framework

2018 ◽  
Vol 8 (11) ◽  
Author(s):  
Ahmad Shukri Yazid ◽  
Mohd Faharizan Hassan ◽  
Suraya Mahmood ◽  
Norfadzilah Rashid ◽  
Fauzilah Salleh ◽  
...  
Keyword(s):  
Risk Management ◽  
Conceptual Framework ◽  
Organizational Factors ◽  
Enterprise Risk Management ◽  
Management Effectiveness ◽  
Enterprise Risk

scholarly journals Enterprise Risk Management: A Literature Review and Agenda for Future Research

2020 ◽  
Vol 13 (11) ◽  
pp. 281
Author(s):  
Sorin Gabriel Anton ◽  
Anca Elena Afloarei Nucu
Keyword(s):  
Risk Management ◽  
Literature Review ◽  
Organizational Factors ◽  
Enterprise Risk Management ◽  
Empirical Literature ◽  
Future Research ◽  
Enterprise Risk ◽  
Risk Management Process ◽  
Starting Point ◽  
Enterprise Level

The Enterprise Risk Management (ERM) process has heterogeneously developed across the world, although it represents a leading paradigm, supporting organizations to identify, evaluate, and manage risks at the enterprise level. Academics have studied the process, but there is no complete picture of the determinants and implications of such an integrated risk management process. Therefore, we present a systematic empirical literature review on ERM, based on a research protocol. The review highlights that the ERM literature can be divided into four general lines of research: the ERM adoption, the determinants of the ERM implementation, the effects of ERM adoption, and other aspects. In contrast to the richness of studies devoted to ERM engagement in small and medium-sized enterprises (SMEs), studies exploring ERM adoption in banks or insurance are relatively few. The literature review has revealed that the most frequently investigated effect of ERM is on firm performance. Little effort has been dedicated to the analysis of the effectiveness of ERM by its components and to institutional, individual, and organizational factors that affect ERM adoption. The study can serve as a starting point for scholars to explore research gaps related to ERM, while the practitioners can rely on the presented findings to identify the effects of the ERM implementation.

scholarly journals Effects of Enterprise Risk Management (ERM) and Economic Issues on the Performance of Manufacturing Sector-SMEs in Malaysia – A Conceptual Framework

2019 ◽  
Vol 8 (12S2) ◽  
pp. 593-597
Keyword(s):  
Risk Management ◽  
Conceptual Framework ◽  
Organizational Performance ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Manufacturing Sector ◽  
Enterprise Risk Management ◽  
Economic Issues ◽  
Enterprise Risk ◽  
Medium Enterprises

This study aims to construct a conceptual framework that describes effect of Enterprise Risk Management (ERM) on the relationship among organizational performance and economic issues. The study intended to establish whether ERM adoption and economic issues influence the performance of Small and Medium Enterprises (SMEs) as focusing in manufacturing sector. However, as compared to large businesses, small businesses became one of the highest failure rates. ERM is a form of micro risk management and a full approach to identify risk in all purposeful areas. However, based on previous studies, the study to examine the practices in adopting ERM especially in SMEs and the performance of SMEs are still lacking. Hence, the area of this paper will be focus on SMEs manufacturing which are 380 registered SMEs that listed under SME Corp. Malaysia.

scholarly journals A Transdisciplinary Understanding for Economic Rrisk Management

2011 ◽  
Vol 2 ◽  
Author(s):  
Marius Motocu
Keyword(s):  
Risk Management ◽  
Conceptual Framework ◽  
Research Method ◽  
Financial Risk ◽  
Enterprise Risk Management ◽  
Human Being ◽  
Academic Literature ◽  
Enterprise Risk ◽  
Critical Approaches ◽  
And Behavior

Starting from the assumption that transdisciplinary is becoming a fourth research method (alongside the empirical, interpretive and critical approaches), we believe it is the favorable context for analysis as well as for sustained attempts to understand the sophisticated economy in a new conceptual framework placed at the forefront of knowledge. As a matter of fact, in accordance with the “Charter of Transdisciplinary” (Freitas & Morin & Nicolescu, Convento da Arrbida, [1]), from which we quote Article 12: “The development of a transdisciplinary economy is based on the postulate that the economy must serve the human being and not the reverse”, we will focus on several categories specifically for the economic risk, such as enterprise risk management, financial risk. In an attempt to systematize this approach, we searched to identify in the academic literature similar concerns and formulate some theoretical pillars on which to establish the transdisciplinary understanding and behavior concerning the existence of risks with economic particularity.

Sign in / Sign up

Export Citation Format

Share Document