| |
| Field |
Value |
| |
| Title |
Adoption of Enterprise Risk Management Practices in Organization: A Review
|
| |
| Creator |
Zakuan, Norhayati
|
| |
| Description |
Risk Management is a process that analyzes uncertainties faced by organization and assigns the effective management for treating such exposure. The aim of this paper is to review current literatures concerning to the adoption of Enterprise Risk Management (ERM) as well as its determinant factors that influence the adoption in organization and the benefit and impact to business performance while managing risks to survive in this competitive world. A thorough review from previous studies was gathered. The review is focused on the impacts, the implementations and the encouraged indicators to the adoption of ERM system in the organization. This study concludes that the ERM practices can be seen as sparse due to the lack of knowledge on this matter among entities in organization. However, certain company already identified the determinant factors to adopt ERM and believe that the implementation would be a part of steps toward the realization of company’s goals and finally achieve the sustainable rewards. The finding of this paper is a proposed conceptual model which is consist of two elements of ERM namely, the driver to ERM adoption in organization and its impact on company’s performance.
|
| |
| Publisher |
International Journal of Business and Information Technology
|
| |
| Contributor |
—
|
| |
| Date |
2012-04-07
|
| |
| Type |
—
|
| |
| Format |
application/pdf
|
| |
| Identifier |
http://ojs.excelingtech.co.uk/index.php/IJBIT/article/view/332
|
| |
| Source |
International Journal of Business and Information Technology; Vol 2, No 1 (2012): March
|
| |
| Language |
en
|
| |
| Rights |
The copyright of the contribution is transferred to IJBIT in case of acceptance. The copyright transfer covers the exclusive right to reproduce and distribute the contribution, including reprints, translations, photographic reproductions, microform, electronic form, or any other reproductions of similar nature. The Author may publish his/her contribution on his/her personal Web page provided that he/she creates a link to the mentioned volume of IJBIT. The Author may not publish his/her contribution anywhere else without the prior written permission of the publisher unless it has been changed substantially. The Author warrants that his/her contribution is original, except for such excerpts from copyrighted works as may be included with the permission of the copyright holder and author thereof, that it contains no libellous statements, and does not infringe on any copyright, trademark, patent, statutory right, or propriety right of others. The Author also agrees for and accepts responsibility for releasing this material on behalf of any and all co-authors.
|
| |
Since 2014