Semantic Scholar Open Access 2019 58 sitasi

Moderating influences on the ERM maturity-performance relationship

M. Farrell Rónán Gallagher

Abstrak

Abstract Enterprise Risk Management (ERM) focuses on the elevation of risk management to the center of the firm’s strategic activities. Risks are treated both as exposures to be managed and opportunities to be exploited. This study examines the firm performance implications of ERM maturation and more specifically firm characteristics that serve to engender or inhibit these performance implications. We find that in general ERM maturation increases firm value and return on assets and the impact is moderated by stakeholder related factors such as innovation intensity and knowledge focused industry structures. Additionally, we show that a firm’s complexity moderates the effect of ERM valuation over the long term.

Topik & Kata Kunci

Penulis (2)

M

M. Farrell

R

Rónán Gallagher

Format Sitasi

Farrell, M., Gallagher, R. (2019). Moderating influences on the ERM maturity-performance relationship. https://doi.org/10.1016/J.RIBAF.2018.10.005

Akses Cepat

Lihat di Sumber doi.org/10.1016/J.RIBAF.2018.10.005
Informasi Jurnal
Tahun Terbit
2019
Bahasa
en
Total Sitasi
58×
Sumber Database
Semantic Scholar
DOI
10.1016/J.RIBAF.2018.10.005
Akses
Open Access ✓