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The Relationship between Respondents’ Characteristics and Their Perceptions of Enterprise Risk Management. Results of a Survey

Author

Listed:
  • Michele Borgia
  • Adalberto Rangone
  • Mario Georgiev Georgiev
  • Maura La Torre

Abstract

The present study investigated whether responents’ socio-demographic characteristics influenced their personal views on the adoption and implementation of enterprise risk management. An online questionnaire was administered to employees of Italian artisan firms to collect data on the adoption and implementation of enterprise risk management, its determinants, and its relationship with organisational performance. Respondents’ responses were compared to their demographic characteristics to determine whether gender, age, education, position, and role may have influenced their opinions on enterprise risk management. The presence of a well-established risk culture in an organisation and the support of senior management were considered essential in the effective implementation of enterprise risk management in an organization and in positively influencing organisational performance. Select participant’s demographic characteristics had an influence on their views on the implementation of enterprise risk management. The results of this study add to the body of knowledge on enterprise risk management and can support risk managers to effectively and efficiently implement enterprise risk management.

Suggested Citation

  • Michele Borgia & Adalberto Rangone & Mario Georgiev Georgiev & Maura La Torre, 2024. "The Relationship between Respondents’ Characteristics and Their Perceptions of Enterprise Risk Management. Results of a Survey," International Business Research, Canadian Center of Science and Education, vol. 17(3), pages 1-1, June.
    • Handle: RePEc:ibn:ibrjnl:v:17:y:2024:i:3:p:1
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    References listed on IDEAS

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    1. Joachim Jean-Jules & Ricardo Vicente, 2021. "Rethinking the implementation of enterprise risk management (ERM) as a socio-technical challenge," Journal of Risk Research, Taylor & Francis Journals, vol. 24(2), pages 247-266, February.
    2. Songling Yang & Muhammad Ishtiaq & Muhammad Anwar, 2018. "Enterprise Risk Management Practices and Firm Performance, the Mediating Role of Competitive Advantage and the Moderating Role of Financial Literacy," JRFM, MDPI, vol. 11(3), pages 1-17, June.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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