Enterprise risk management: A literature survey

Scientific paper - Review paper

• Author: Ivana Dvorski Lacković
• Author's institution: University of Zagreb; Faculty of Organization and Informatics
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics

Abstract (english)

In turbulent environment characterized by increased number and various types of external and internal risks, companies are recognizing the value of enterprise risk management implementation. What is specific for enterprise risk management is a holistic view versus traditional “silo-oriented” risk management. Enterprise risk management is strategically oriented and there is evidence that its adequate implementation may help companies increase their value. In this paper the author will present a literature review on enterprise risk management in non-financial companies, evidence on determinants of its adoption, findings of research available on the topic how enterprise risk management increases firm value and other important aspects of enterprise risk management adoption and implementation.

• Keywords (english): enterprise risk management; holistic view; non-financial companies; value creation
• Language: english
• Publication type: Scientific paper - Review paper
• Publication status: Published
• Peer review: Peer review - international
• Publication version: Published version
• Publication title: 26th Interational Scientific Conference on Economic and Social Development - "Building Resilient Society" - Book of proceedings
• Numbering: pp. 364-371
• e-ISSN: 1849-7535
• URN:NBN: urn:nbn:hr:211:197636
• Publication: 2017
• Conference: Title: ESD 2017; Location: Zagreb, Croatia; Start date: 2017-12-08; End date: 2017-12-09; Assembly type: Lecture
• Document URL: http://www.esd-conference.com/past-conferences
• Type of resource: Text
• Publishing place: Varaždin
• Publishing place: Varšava
• Publishing place: Koprivnica
• Access conditions: Open access
• Created on: 2017-12-11 17:15:41