Developing an Enterprise Risk Management Value Enhancing Model Manifested through Economic Value Added

Enterprise Risk Management (ERM) is an essential technique used to manage myriad of risks in a holistic manner. This paper espouses an ERM implementation framework which encompasses three dimensions, seven areas which in turn are operationalized by fourteen elements. This paper also empirically e...

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Main Authors: Shad, Muhammad Kashif, Lai, Fong Woon
Format: Conference or Workshop Item
Published: 2015
Online Access:http://eprints.utp.edu.my/11720/1/Developing%20an%20Enterprise%20Risk%20Management%20Value%20Enhancing%20Model%20Manifested%20through%20Economic%20Value%20Added.pdf
http://eprints.utp.edu.my/11720/
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spelling my.utp.eprints.117202016-10-07T01:42:43Z Developing an Enterprise Risk Management Value Enhancing Model Manifested through Economic Value Added Shad, Muhammad Kashif Lai, Fong Woon Enterprise Risk Management (ERM) is an essential technique used to manage myriad of risks in a holistic manner. This paper espouses an ERM implementation framework which encompasses three dimensions, seven areas which in turn are operationalized by fourteen elements. This paper also empirically examines the impact of ERM towards the firm’s performance measured through Economic Value Added (EVA) analysis. The research design incorporates descriptive and cross sectional analysis. Results of the empirical analysis show that ERM implementation does have a significant positive impact on firm performance. The results support the hypotheses that firm’s which implements ERM will have higher performance as manifested through the EVA analysis. 2015-04 Conference or Workshop Item PeerReviewed application/pdf http://eprints.utp.edu.my/11720/1/Developing%20an%20Enterprise%20Risk%20Management%20Value%20Enhancing%20Model%20Manifested%20through%20Economic%20Value%20Added.pdf Shad, Muhammad Kashif and Lai, Fong Woon (2015) Developing an Enterprise Risk Management Value Enhancing Model Manifested through Economic Value Added. In: APPLIED COMPUTER and APPLIED COMPUTATIONAL SCIENCE (ACACOS '15), Malaysia. http://eprints.utp.edu.my/11720/
institution Universiti Teknologi Petronas
building UTP Resource Centre
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Petronas
content_source UTP Institutional Repository
url_provider http://eprints.utp.edu.my/
description Enterprise Risk Management (ERM) is an essential technique used to manage myriad of risks in a holistic manner. This paper espouses an ERM implementation framework which encompasses three dimensions, seven areas which in turn are operationalized by fourteen elements. This paper also empirically examines the impact of ERM towards the firm’s performance measured through Economic Value Added (EVA) analysis. The research design incorporates descriptive and cross sectional analysis. Results of the empirical analysis show that ERM implementation does have a significant positive impact on firm performance. The results support the hypotheses that firm’s which implements ERM will have higher performance as manifested through the EVA analysis.
format Conference or Workshop Item
author Shad, Muhammad Kashif
Lai, Fong Woon
spellingShingle Shad, Muhammad Kashif
Lai, Fong Woon
Developing an Enterprise Risk Management Value Enhancing Model Manifested through Economic Value Added
author_facet Shad, Muhammad Kashif
Lai, Fong Woon
author_sort Shad, Muhammad Kashif
title Developing an Enterprise Risk Management Value Enhancing Model Manifested through Economic Value Added
title_short Developing an Enterprise Risk Management Value Enhancing Model Manifested through Economic Value Added
title_full Developing an Enterprise Risk Management Value Enhancing Model Manifested through Economic Value Added
title_fullStr Developing an Enterprise Risk Management Value Enhancing Model Manifested through Economic Value Added
title_full_unstemmed Developing an Enterprise Risk Management Value Enhancing Model Manifested through Economic Value Added
title_sort developing an enterprise risk management value enhancing model manifested through economic value added
publishDate 2015
url http://eprints.utp.edu.my/11720/1/Developing%20an%20Enterprise%20Risk%20Management%20Value%20Enhancing%20Model%20Manifested%20through%20Economic%20Value%20Added.pdf
http://eprints.utp.edu.my/11720/
_version_ 1738655976258535424
score 13.211869