While risk management has existed for centuries, today it remains a consideration that all too often resides in an organizational silo, associated with planning a new project, evaluating a potential financial investment, complying with new regulations, or responding to a previous incident. Whereas, conceptually it is recognized that risks are inherent within an organization at all levels and in...

Risk Management (RM) is rapidly evolving; its practitioners are increasingly shifting focus from pure operational or financial risks to a broader Enterprise Risk Management (ERM). ERM involves a set of processes and methods used to manage risks that are not just associated with accidental losses but also associated with financial, strategic, technological and other business areas. This article ...

This paper starts from the viewpoint that enterprise risk management is a specific application of knowledge in order to control deviations from strategic objectives, shareholders’ values and stakeholders’ relationships. This study is looking for insights into how the application of knowledge management processes can improve the implementation of enterprise risk management. This article presents...

We investigate the effects of adopting enterprise risk management (ERM) on performance and risks European publicly listed insurance firms. Using a dataset for 24 years, we report new results which show that ERM adopters realize significant premiums after controlling other covariates endogeneity. Several firm characteristics such as size, opacity, choice external monitoring agents auditors are d...

Enterprise Risk Management (ERM) has the benefit of enhancing organizational effectiveness, risk reporting, and improving business performance. The maturity measurement ERM implementation is crucial in deducing management conditions disparities within company as means to achieve a more targeted pursuance, one which beneficial assessing company's condition. This study used sixteen criteria Matur...

Globalisation and hyperconnectivity affect organisational resilience with threats such as the recent COVID-19 pandemic or large-scale cyberattacks. To strengthen capabilities, a framework enterprise risk management (ERM) is necessary so to enable holistic management. Specifically, in this paper, we analyse role of security, which has great potential crisis makes it possible follow up businesses...

Obwohl das IT-Risikomanagement (IT-RM) ein wichtiges Teilsystem des unternehmensweiten Risikomanagements (Enterprise Risk Management, ERM) darstellt, ist in der Praxis oft nur eine schwache Kopplung beider festzustellen. Es mangelt an Gestaltungsempfehlungen, um die Integration zu verbessern. Der Beitrag thematisiert die Integration von IT-RM und ERM auf Ebene ihrer Begrifflichkeiten (Konzepte)...