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Enterprise risk management literature: emerging themes and future direction

Purpose: This study aims to identify the publication phase, performance and scientific contributions of research papers related to enterprise risk management (ERM) and to visualise the emerging themes in addressing volatility, uncertainty, complexity and ambiguity (VUCA). Design/methodology/approac...

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Main Authors: Ahmad Jaber, Taha, Mohammed Shah, Sabarina
Format: Article
Published: Emerald Publishing 2023
Online Access:http://psasir.upm.edu.my/id/eprint/107719/
https://www.emerald.com/insight/content/doi/10.1108/JAOC-07-2022-0106/full/html
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spelling my.upm.eprints.1077192024-10-28T02:50:47Z http://psasir.upm.edu.my/id/eprint/107719/ Enterprise risk management literature: emerging themes and future direction Ahmad Jaber, Taha Mohammed Shah, Sabarina Purpose: This study aims to identify the publication phase, performance and scientific contributions of research papers related to enterprise risk management (ERM) and to visualise the emerging themes in addressing volatility, uncertainty, complexity and ambiguity (VUCA). Design/methodology/approach: The biblioshiny technique based on the bibliometrix R package was used to draw journal papers’ performance and scientific contributions by displaying distinctive features from the bibliometric method used in prior studies. The data was extracted from the Web of Science (WOS) and Scopus databases. Findings: Since the 1990s, ERM publication has gained momentum, and it is generally categorised into four main themes. Studies by Miller (1992) and Bromiley et al. (2015) scored the highest in global and local citations, respectively. However, the Economic Outlook ranked first in quality of publications while the Journal of Risk and Insurance topped in quantity of publications. Collaborative research mainly exists between two authors, and the dynamic number of collaborative networks is evident in the USA. Research limitations/implications: This study is limited by the filtered keywords used to generate the search on journal papers’ in WOS and Scopus. It is imperative to have more comprehensive and rigorous analytics on ERM research to enable a direction for future research. Finally, ERM implementation better equips firms to mitigate risk in a VUCA environment. Originality/value: This study attempts to fill a vacuum of ERM literature, specifically in business economics, in addressing VUCA. Moreover, it covers a comprehensive predetermined period of from its inception in 1983 until 2022. Emerald Publishing 2023-04-13 Article PeerReviewed Ahmad Jaber, Taha and Mohammed Shah, Sabarina (2023) Enterprise risk management literature: emerging themes and future direction. Journal of Accounting and Organizational Change, 20 (1). pp. 84-111. ISSN 1832-5912 https://www.emerald.com/insight/content/doi/10.1108/JAOC-07-2022-0106/full/html 10.1108/JAOC-07-2022-0106
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
description Purpose: This study aims to identify the publication phase, performance and scientific contributions of research papers related to enterprise risk management (ERM) and to visualise the emerging themes in addressing volatility, uncertainty, complexity and ambiguity (VUCA). Design/methodology/approach: The biblioshiny technique based on the bibliometrix R package was used to draw journal papers’ performance and scientific contributions by displaying distinctive features from the bibliometric method used in prior studies. The data was extracted from the Web of Science (WOS) and Scopus databases. Findings: Since the 1990s, ERM publication has gained momentum, and it is generally categorised into four main themes. Studies by Miller (1992) and Bromiley et al. (2015) scored the highest in global and local citations, respectively. However, the Economic Outlook ranked first in quality of publications while the Journal of Risk and Insurance topped in quantity of publications. Collaborative research mainly exists between two authors, and the dynamic number of collaborative networks is evident in the USA. Research limitations/implications: This study is limited by the filtered keywords used to generate the search on journal papers’ in WOS and Scopus. It is imperative to have more comprehensive and rigorous analytics on ERM research to enable a direction for future research. Finally, ERM implementation better equips firms to mitigate risk in a VUCA environment. Originality/value: This study attempts to fill a vacuum of ERM literature, specifically in business economics, in addressing VUCA. Moreover, it covers a comprehensive predetermined period of from its inception in 1983 until 2022.
format Article
author Ahmad Jaber, Taha
Mohammed Shah, Sabarina
spellingShingle Ahmad Jaber, Taha
Mohammed Shah, Sabarina
Enterprise risk management literature: emerging themes and future direction
author_facet Ahmad Jaber, Taha
Mohammed Shah, Sabarina
author_sort Ahmad Jaber, Taha
title Enterprise risk management literature: emerging themes and future direction
title_short Enterprise risk management literature: emerging themes and future direction
title_full Enterprise risk management literature: emerging themes and future direction
title_fullStr Enterprise risk management literature: emerging themes and future direction
title_full_unstemmed Enterprise risk management literature: emerging themes and future direction
title_sort enterprise risk management literature: emerging themes and future direction
publisher Emerald Publishing
publishDate 2023
url http://psasir.upm.edu.my/id/eprint/107719/
https://www.emerald.com/insight/content/doi/10.1108/JAOC-07-2022-0106/full/html
_version_ 1814936497345789952
score 13.211869

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