Rethinking Enterprise Risk Management (Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application) - Hardcover

Hardcover

ISBN 10: 981975982X ISBN 13: 9789819759828

Publisher: Springer, 2024

Synopsis

This book provides a critical analysis of existing enterprise risk management models and practices and proposes innovative solutions to address the challenges associated with implementing enterprise risk management strategies. Enterprise risk management activities are not high on the priority agenda of the senior management in both public and private sectors. Conceptual ambiguity and methodological gaps in current standards and frameworks make it difficult to effectively implement enterprise risk management. 

Therefore, this book’s approach to enterprise risk management aims to eliminate the unit-based silo approach of traditional risk management, adopting a function-based silo approach. It focuses on the management of fewer and more significant risks associated with high-level objectives, rather than all business processes of the organization, thus increasing the success of enterprise risk management implementation. The book would be a valuable read for business executives, internal and external auditors, business school students and academics.

About this title

About the Author

Halis Kıral is an associate professor at the Social Sciences University of Ankara in Turkey. He is also Head of Audit and Risk Management Department and Director of Center for Audit and Risk Management (ASBÜDRM) at the ASBU. He was a visiting scholar in Duke Center for International Development (DCID) for the 2017-2018 academic year. He has also worked in the Ministry of Finance of Turkey as a state budget expert, public finance expert, head of the department of Central Harmonization for Internal Audit, and head of the Budget Policy Department. He wrote a number of articles, books and book chapters on topics such as public finance, public financial management and control, specifically internal audit and risk management, public budgeting, and applied economics.

From the Back Cover

This book provides a critical analysis of existing enterprise risk management models and practices and proposes innovative solutions to address the challenges associated with implementing enterprise risk management strategies. Enterprise risk management activities are not high on the priority agenda of the senior management in both public and private sectors. Conceptual ambiguity and methodological gaps in current standards and frameworks make it difficult to effectively implement enterprise risk management. 

Therefore, this book’s approach to enterprise risk management aims to eliminate the unit-based silo approach of traditional risk management, adopting a function-based silo approach. It focuses on the management of fewer and more significant risks associated with high-level objectives, rather than all business processes of the organization, thus increasing the success of enterprise risk management implementation. The book would be a valuable read for business executives, internal and external auditors, business school students and academics.

Edition details

• Publisher: Springer
• Publication date: 2024
• Language: English
• ISBN 10: 981975982X
• ISBN 13: 9789819759828
• Binding: Hardcover
• Number of pages: 289
• Editor: Kıral Halis