The risk sphere in business is fast changing and expanding. Almost anything has become a risk factor that will have potent, direct, and far reaching impacts on business. This paper examines the intensity of enterprise risk management (ERM) practices among the Malaysian public listed companies. The paper espouses a ERM framework comprising fourteen important implementation elements and processes...

Enterprise Risk Management (ERM) is a process that manages all risks in an integrated, holistic fashion by controlling and coordinating offsetting risks across the enterprise. This research investigates whether the adoption of the ERM approach affects firms’ cost of equity capital. We restrict our analysis to the U.S. insurance industry to control for unobservable differences in business models...

In recent years, risk management and analysis has attracted a great deal of attention from both researchers and practitioners. Enterprise risk management has become an important topic in today’smore complex, interrelated global business environment, replete with threats from natural, political, economic, and technical sources. This survey and introductory article addresses computerized tools us...

Enterprise risk management (ERM) has become an important topic in today’s more complex, interrelated global business environment, replete with threats from natural, political, economic, and technical sources. Banks especially face financial risks, as the news makes ever more apparent in 2008. This paper demonstrates support to risk management through validation of predictive scorecards for a la...

Risk assessments of big and complex IT infrastructures comprise numerous qualitative risk estimations for infrastructure assets. Qualitative risk estimations, however, are subjective and thus prone to errors. We present an approach to detect anomalies in the result of risk assessments by considering information about inter-dependencies between various building blocks of IT landscapes from enter...

A risk-metric framework that supports Enterprise Risk Management is described. At the heart of the framework is the notion of a risk profile that provides risk measurement for risk elements. By providing a generic template in which metrics can be codified in terms of metric space operators, risk profiles can be used to construct a variety of risk measures for different business contexts. These ...

Purpose – The purpose of this paper is to review published approaches to supply chain risk management, to include identification and classification of types of risks, cases, and models. Specific aspects of risk in supply chains involving China are also addressed. Design/methodology/approach – Literature review provides sources which are synthesized. Findings – A generic framework is identified,...