Effectiveness of Enterprise Risk Management: Determinants and Opportunities for Improvement

Effective risk management is essential for the success of any organization, and this book provides an overview of the various determinants of risk management effectiveness, including behavioral and internal and external factors. It offers conclusions and recommendations for improving tools and systems of enterprise risk management.

Format: Paperback / softback
Length: 132 pages
Publication date: 23 February 2023
Publisher: Springer Nature Switzerland AG

Effective risk management is a vital component of the success of any organization. In the realm of scholarly research, numerous publications have been dedicated to the design of complex enterprise risk management systems. However, there has been limited attention paid to the effectiveness of implemented management solutions. This book aims to bridge this crucial gap.

Drawing from a comprehensive study involving a representative group of 722 companies, the author delves into the diverse factors that determine the effectiveness of risk management. These factors encompass both behavioral determinants, such as an organization's attitude towards risk, and internal and external determinants, including human and financial resources, as well as the environment in which the organization operates. In addition to providing a theoretical and practical overview of the various considerations from an international perspective, the reader will gain insights into the practical implications of these findings.

Ultimately, this book concludes with conclusions and recommendations for enhancing the tools and systems of enterprise risk management. By addressing this gap, organizations can better safeguard their interests, mitigate risks, and achieve sustainable growth in an ever-evolving business landscape.

Weight: 213g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030953782
Edition number: 1st ed. 2022