Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10489653 | Journal of Accounting and Public Policy | 2005 | 11 Pages |
Abstract
This exploratory study examines factors associated with the stage of ERM implementation at a variety of US and international organizations. Based on data gathered from 123 organizations, we find the stage of ERM implementation to be positively related to the presence of a chief risk officer, board independence, CEO and CFO apparent support for ERM, the presence of a Big Four auditor, entity size, and entities in the banking, education, and insurance industries. We also find US organizations to have less-developed ERM processes than international organizations. We believe this paper will provide an initial foundation for more advanced research about ERM.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Mark S. Beasley, Richard Clune, Dana R. Hermanson,