1、2300 英文单词 , 12500 英文字符 ,中文 4100 字 文献出处: Soltanizadeh S, Rasid S Z A, Golshan N, et al. Enterprise Risk Management Practices among Malaysian Firms J. Procedia - Social and Behavioral Sciences, 2014, 164:332-337. Enterprise risk management practices among Malaysian firms Sara Soltanizadeh, Siti Zaleha
2、 Abdul Rasid, Nargess Golshan, Farzana Quoquab,Rohaida Basiruddin Abstract Enterprise Risk Management (ERM) is fast becoming a fundamental concern in all industries. ERM is a holistic approach for managers to identify risks and select appropriate responses in line with enterprises risk appetite. Thi
3、s study aims to identify the level of ERM implementation among firms in different industries in Malaysia. Data were gathered from 199 firms listed on the Malaysian Bursa through a questionnaire survey. The analysis shows that ERM implementation varies across different industries and that having an E
4、RM framework in place is more common among firms in the infrastructure, hotel, and technology sectors. Keywords: Traditional risk management; enterprise risk management; public listed firms 1. Introduction Until two decades ago risk management was not regarded as a strategic and essential management
5、 discipline. It was mainly influenced by the managers perception of risk (Thompson, 2003). Now, managing risk is becoming a fundamental concern and the ability to identify risks and adapt to the ever-changing business environment are among the critical success factors for enterprises (Arena, Arnabol
6、di, & Azzone, 2010). Managerial discretion in identifying risks and responding to them led to different approaches in managing risk such as financial risk management, insurance, and political risk management. None of these approaches were wrong but their focuses were limited and fragmented. Hence, the need to efficiently identify and respond to various risks resulted in adoption of comprehensive risk management programs by many firms (Woon, Azizan, & Samad, 2011). Enterprise Risk Manageme