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October 15, 2025RisksOpen Access

The Impact of Enterprise Risk Management on Firm Competitiveness: The Mediating Role of Competitive Advantage in the Omani Insurance Industry

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Authors

ALAmmar Al LawatiBHBaharuddin M. HussinMKMohd Rizuan Abdul Kadir

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Overview

Survey analysis reveals enterprise risk management boosts non-financial performance in Omani insurance firms, suggesting competitive advantage mediates the effects.

Key Points

  • Enterprise risk management practices significantly enhance non-financial performance in Omani insurance companies, emphasizing long-term strategic importance.
  • Competitive advantage serves as a partial mediator between enterprise risk management practices and non-financial performance metrics in the sector.
  • The study utilized 439 survey responses, applying PLS-SEM for rigorous analysis to elucidate relationships within the model.
  • Findings call for further exploration of enterprise risk management impacts particularly in developing countries, highlighting the need for organisational resilience.

Cite This Study

Lawati et al. (2025) studied this question.

synapsesocial.com/papers/68f01110f081da0584b56a48https://doi.org/10.3390/risks13100199
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Also Consider

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