{"title":"A Review of Enterprise Risk Management Practices among Malaysian Public Listed Companies","authors":"Fong-Woon Lai","volume":68,"journal":"International Journal of Economics and Management Engineering","pagesStart":2030,"pagesEnd":2037,"ISSN":"1307-6892","URL":"https:\/\/publications.waset.org\/pdf\/10148","abstract":"<p>The risk sphere in business is fast changing and expanding. Almost anything has become a risk factor that will have potent, direct, and far reaching impacts on business. This paper examines the intensity of enterprise risk management (ERM) practices among the Malaysian public listed companies. The paper espouses a ERM framework comprising fourteen important implementation elements and processes. Results of the analysis indicate that the intensity of ERM implementation among the respondents is in the &lsquo;good&rsquo; category of the semantic scale, which is deemed encouraging vis-&agrave;-vis the country&rsquo;s regulatory regime.<\/p>\r\n","references":"[1] D. Thompson, \"Risk Management: A brief history\", Journal of Banking\r\n+ Financial Services, vol.117, no.3, 2003, pp.30-32.\r\n[2] G.J. Bierc, \"Risk management infrastructure can boost corporate\r\nperformance\", Financial Executive, vol.19, no.3, 2003, pp.59-61.\r\n[3] M.A. Bailey, L. Bloom and E.T. Hida, \"Assessing the Value of\r\nEnterprise Risk Management\", Deloitte Development LLC, 2004.\r\n[4] MICPA (The Malaysian Institute of Certified Public Accountants), \"Key\r\nAmendments To The Malaysian Code On Corporate Governance\",\r\n2008. (Online) Available from\r\nhttp:\/\/www.micpa.com.my\/micpamember \/document\/\r\nCode_of_Corporate_ Governance.pdf (2009, June 24).\r\n[5] SC, \"Malaysian Code On Corporate Governance (Revised 2007)\",\r\nSecurities Commission of Malaysia, 2007.\r\n[6] Bursa-s Bulletin \"BursaBytes\", Issue 2, Vol 1, July 2009.\r\n[7] N.K. Malhotra, \"Marketing Research: An Applied Orientation\", 4th\r\nedition, Pearson-Prentice Hall, 2004.","publisher":"World Academy of Science, Engineering and Technology","index":"Open Science Index 68, 2012"}