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Developing Risk Management as a Competitive Capability
Author(s) -
Silva Emmanuel Sirimal,
Wu Yue,
Ojiako Udechukwu
Publication year - 2013
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.1940
Subject(s) - business , enterprise risk management , risk management , control (management) , operations management , risk analysis (engineering) , process management , knowledge management , management , computer science , finance , economics
At the level of the firm, three major parameters are found to influence the ability of SMEs to develop risk management competencies; these are enterprise risk management, internal control, and risk culture.