Could enterprise risk management (ERM) enhance shareholders' wealth?: The lesson from credit crunch

Mohd Ariff Bin Kasim; Siti Rosmaini Bt Mohd Hanafi; Asmah Abdul Aziz; Isahak Bin Kasim

Could enterprise risk management (ERM) enhance shareholders' wealth? The lesson from credit crunch

Mohd Ariff Bin Kasim
, Siti Rosmaini Bt Mohd Hanafi
, Asmah Abdul Aziz
, Isahak Bin Kasim

Universiti Tenaga Nasional
Universiti Teknologi MARA

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

The primary research objective of this paper is to provide a review of literature concerning the implementation of the ERM. The issue surrounding the implementation of the ERM in relation to the credit crisis creates awareness on the viability of the ERM in preserving shareholders' wealth. This paper also highlights the evolution, forces, benefits and challenges in the ERM implementation. The linkages between ERM and organizational governance incorporate the impact towards financial performance. The paper suggested few future studies that could significantly contribute to the overall risk management literature.

Original language	English
Title of host publication	Politics and Economics of South, Southeastern and Central Asia
Publisher	Nova Science Publishers, Inc.
Pages	1-22
Number of pages	22
ISBN (Print)	9781614704614
State	Published - 2012
Externally published	Yes

Keywords

COSO ERM framework
Enterprise risk management (ERM)
Integrated risk management

Cite this

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title = "Could enterprise risk management (ERM) enhance shareholders' wealth?: The lesson from credit crunch",

abstract = "The primary research objective of this paper is to provide a review of literature concerning the implementation of the ERM. The issue surrounding the implementation of the ERM in relation to the credit crisis creates awareness on the viability of the ERM in preserving shareholders' wealth. This paper also highlights the evolution, forces, benefits and challenges in the ERM implementation. The linkages between ERM and organizational governance incorporate the impact towards financial performance. The paper suggested few future studies that could significantly contribute to the overall risk management literature.",

keywords = "COSO ERM framework, Enterprise risk management (ERM), Integrated risk management",

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year = "2012",

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booktitle = "Politics and Economics of South, Southeastern and Central Asia",

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Could enterprise risk management (ERM) enhance shareholders' wealth? The lesson from credit crunch. / Kasim, Mohd Ariff Bin; Hanafi, Siti Rosmaini Bt Mohd; Aziz, Asmah Abdul et al.
Politics and Economics of South, Southeastern and Central Asia. Nova Science Publishers, Inc., 2012. p. 1-22.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

TY - CHAP

T1 - Could enterprise risk management (ERM) enhance shareholders' wealth?

T2 - The lesson from credit crunch

AU - Kasim, Mohd Ariff Bin

AU - Hanafi, Siti Rosmaini Bt Mohd

AU - Aziz, Asmah Abdul

AU - Kasim, Isahak Bin

PY - 2012

Y1 - 2012

N2 - The primary research objective of this paper is to provide a review of literature concerning the implementation of the ERM. The issue surrounding the implementation of the ERM in relation to the credit crisis creates awareness on the viability of the ERM in preserving shareholders' wealth. This paper also highlights the evolution, forces, benefits and challenges in the ERM implementation. The linkages between ERM and organizational governance incorporate the impact towards financial performance. The paper suggested few future studies that could significantly contribute to the overall risk management literature.

AB - The primary research objective of this paper is to provide a review of literature concerning the implementation of the ERM. The issue surrounding the implementation of the ERM in relation to the credit crisis creates awareness on the viability of the ERM in preserving shareholders' wealth. This paper also highlights the evolution, forces, benefits and challenges in the ERM implementation. The linkages between ERM and organizational governance incorporate the impact towards financial performance. The paper suggested few future studies that could significantly contribute to the overall risk management literature.

KW - COSO ERM framework

KW - Enterprise risk management (ERM)

KW - Integrated risk management

UR - https://www.scopus.com/pages/publications/84892876487

M3 - Chapter

AN - SCOPUS:84892876487

SN - 9781614704614

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EP - 22

BT - Politics and Economics of South, Southeastern and Central Asia

PB - Nova Science Publishers, Inc.

ER -

Could enterprise risk management (ERM) enhance shareholders' wealth? The lesson from credit crunch

Abstract

Keywords

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