Enterprise risk management: A process for enhanced management and improved performance

Stephen Gates (1) , Jean-Louis Nicolas (1) , Paul L. Walker (2)

1 Audencia Recherche
2 University of Virginia

Some company boards of directors and management teams are still reluctant to embrace enterprise risk management (ERM) because of the uncertainty regarding its value to the bottom line. A survey of audit and risk management executives suggests that the use of ERM leads to increased management consensus, better-informed decisions, enhanced communication of risk taking, and greater management accountability.

Mots clés: Risk Management; Board of directors

Domaines: Gestion et management

Stephen Gates, Jean-Louis Nicolas, Paul L. Walker. Enterprise risk management: A process for enhanced management and improved performance. Management Accounting Quarterly, 2012, 13 (3), pp.28-38. ⟨hal-00857435⟩