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September 10, 2025Journal of Risk Research

Enterprise risk management revisited: a study to identify the elements of ERM

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Authors

LSLinda J. A. StasseCHCokky HilhorstJRJ.A. ten Rouwelaar

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Overview

Quantitative analysis identifies ERM components in organizations, highlighting integration within strategic planning.

Key Points

  • Identifying ERM elements enhances organizations' internal control and risk management capabilities.
  • A robust two-factor model for ERM confirms the evolution suggested by the COSO ERM framework.
  • Quantitative analysis across 420 respondents provides insights into the application and relevance of ERM elements.
  • Implementing ERM practices may help organizations maintain competitive advantage amid evolving risks.

Cite This Study

Stasse et al. (2025) studied this question.

synapsesocial.com/papers/68c194029b7b07f3a061874chttps://doi.org/10.1080/13669877.2025.2553846
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