Enterprise risk management: A process for enhanced management and improved performance

Article, Preprint OPEN
Gates , Stephen; Nicolas , Jean-Louis; Walker , Paul L.;
(2012)
  • Publisher: HAL CCSD
  • Subject: Risk Management | [SHS.GESTION] Humanities and Social Sciences/Business administration | Board of directors | [ SHS.GESTION ] Humanities and Social Sciences/Business administration | Risk Management,Board of directors

Some company boards of directors and management teams are still reluctant to embrace enterprise risk management (ERM) because of the uncertainty regarding its value to the bottom line. A survey of audit and risk management executives suggests that the use of ERM leads t... View more
  • References (19)
    19 references, page 1 of 2

    1 The Committee of Sponsoring Organizations of the Treadway Commission (COSO), Enterprise Risk Management-Integrated Framework, New York, N.Y., 2004.

    2 T.L. Barton, William G. Shenkir, and Paul L. Walker, “Making Enterprise Risk Management Pay Off: How Leading Companies Implement Risk Management,” Financial Times, Prentice Hall, 2002.

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    6 Ananth Rao and Attiea Marie, “Current Practices of Enterprise Risk Management in Dubai,” Management Accounting Quarterly, Spring 2007, pp. 10-22.

    7 COSO, “Strengthening Enterprise Risk Management for Strategic Advantage,” www.coso.org, 2009.

    8 Brian Ballou, Dan Heitger, and Dale Stoel, “How Boards of Directors Perceive Risk Management Information,” Management Accounting Quarterly, Summer 2011, pp. 14-22.

    9 Mark Beasley, Bruce Branson, and Bonnie Hancock, “Are You Identifying Your Most Significant Risks?” Strategic Finance, November 2010, pp. 29-35.

    10 COSO, “Where Board of Directors Currently Stand in Executing Risk Oversight Responsibility,” www.coso.org, 2010.

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