Valuation of enterprise risk management in the manufacturing industry
The paper examines the valuation of enterprise risk management (ERM) through its effects on firm cost and efficiency. Consistent with the empirical evidence, ERM is found to benefit larger firms by reducing earning variability and providing higher returns on equity. The results suggest significant e...
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| Main Authors: | , , |
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| Format: | Article |
| Published: |
Taylor & Francis
2019
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| Subjects: | |
| Online Access: | http://eprints.um.edu.my/22891/ https://doi.org/10.1080/14783363.2017.1369877 |
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| Institution: | Universiti Malaya |