Ownership, board, and enterprise risk management

Impact of Institutional Ownership and Board Independence on the Relationship Between Excess Free Cash Flow and Earnings Management

However, the free cash flows scale is important for the financial health of the company, but it has also its own limitations. Moreover, it’s not immune from accounting tricks. Free cash flows can be considered as a measure of value for shareholders of listed companies on Tehran Stock Exchange. The managers of these companies have tended to use the earnings management for managing the free cash ...

Optimized enterprise risk management

Today's enterprises face the daunting task of complying with an increasing number of intricate and constantly evolving laws and regulations. While some individual regulations such as Basel II or the USA Patriot Act necessitate the use of risk-based approaches to achieve compliance, the heightened cost and risk of compliance activities have resulted in a general tendency of enterprises to integr...

Enterprise Cyber Risk Management

Ownership concentration, ownership control and enterprise performance: Based on the perspective of enterprise life cycle

This study examines the relationship between ownership structure and enterprise performance from the perspective of enterprise life cycle, by adding the variables of the enterprise life cycle stages into the model, to explain the inconsistence with the previous study results on this issue. Using a unique 2002 2007 panel data of the listed Chinese companies, this study finds that ownership conce...

Overview of Enterprise Risk Management