scholarly journals Examining the Dimensions of Enterprise Risk Management Implementation Framework, Its Challenges and Benefits: A Study on Malaysian Public Listed Companies

2014 ◽  
pp. 81-86 ◽  
Author(s):  
Fong-Woon Lai
Keyword(s):  
Risk Management ◽  
Listed Companies ◽  
Enterprise Risk Management ◽  
Implementation Framework ◽  
Enterprise Risk

scholarly journals The Effect Of Chief Risk Officer (CRO) On Enterprise Risk Management (ERM) Practices: Evidence From Malaysia

2010 ◽  
Vol 9 (11) ◽  
Author(s):  
Wan Norhayate Wan Daud Daud ◽  
Ahmad Shukri Yazid ◽  
Hj Mohd Rasid Hussin
Keyword(s):  
Risk Management ◽  
Strong Influence ◽  
Research Work ◽  
Listed Companies ◽  
Enterprise Risk Management ◽  
Regression Analyses ◽  
The Public ◽  
Enterprise Risk ◽  
Comprehensive Survey

This study investigates the level of Enterprise Risk Management (ERM) adoption within the Public Listed Companies (PLCs) in Malaysia and the influence of Chief Risk Officers (CROs) on ERM practices. Included in this particular study is a comprehensive survey on 500 companies from the main board of public listed companies in the Malaysian Bourse. Key findings of this research work reveal that only 42% of the companies surveyed have completely adopted ERM and based on regression analyses, the ‘quality’ of CROs has a strong influence on the level of ERM adoption within the PLCs involved in the survey.

scholarly journals The Determinants of Enterprise Risk Management (ERM) Practices in Malaysian Public Listed Companies

2011 ◽  
Vol 1 (5) ◽  
pp. 202-207 ◽  
Author(s):  
Ahmad Rizal Razali ◽  
Izah Mohd Tahir .
Keyword(s):  
Risk Management ◽  
Listed Companies ◽  
Consumer Products ◽  
Enterprise Risk Management ◽  
High Turnover ◽  
Independent Variables ◽  
Dummy Variable ◽  
Logit Regression ◽  
Enterprise Risk ◽  
Regression Approach

The objective of this study is to examine the determinants of Enterprise Risk Management (ERM) adoption in Malaysian Public Listed Companies (PLCs). The study focuses on ten industries from five hundred and seventy four Public Listed Companies in Malaysia for the period 2007. These ten industries include industrial products, trading/services, consumer products, properties, constructions, plantations, infrastructure projects, technology, hotels and mining. Logit regression approach will be employed, and a dummy variable equals one if companies adopt ERM and zero otherwise, is used as the dependent variable. Seven independent variables used are Size, Leverage, Profitability, International Diversification, Ownership, Chief Risk Officer and Turnover. The main results of this research is that companies with high turnover, hiring Chief Risk Officer and companies that are not diversified internationally are more likely to adopt ERM. Interestingly, Size, Leverage, Profitability, and Ownership are not significant determinants of ERM practices.

scholarly journals Enterprise Risk Management and Risk Culture in Construction Public Listed Companies

2021 ◽  
Vol 26 (2) ◽  
pp. 17-36
Author(s):  
Ching Ching Wong ◽  
Faizul Azli Mohd Rahim ◽  
Siaw Chuing Loo
Keyword(s):  
Risk Management ◽  
Listed Companies ◽  
Two Dimensions ◽  
Enterprise Risk Management ◽  
Annual Reports ◽  
Top Management ◽  
Risk Manager ◽  
Enterprise Risk ◽  
Risk Appetite ◽  
Risk Culture

Inadequate risk management and lack of risk culture can expose a company to unexpected risk events, which can negatively affect its performance. However, there are inconsistencies in suitable dimensions to measure the enterprise risk management (ERM) construct, as well as insufficient embedding strategies for risk culture. This study aims to identify the ERM practices and risk culture dimensions among the Malaysian construction public listed companies (PLCs). The roles of top management and chief risk officer/risk manager in influencing ERM and risk culture are also explored. A total of 46 annual reports and 10 interviews of industry practitioners were analysed using content analysis. The analysis of the annual reports found that risk policy and risk appetite/tolerance, monitoring key risk and accountability are the three dimensions of risk culture. In addition, based on the interviews, reward and recognition and internal relationships were identified as the two dimensions of risk. Top management and risk manager were found to be the primary drivers of ERM programme and risk culture in construction PLCs. The results of this study are used to formulate a survey instrument for the subsequent data collection to test the proposed theoretical model.

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