Conceptual framework of antecedents and consequences of Enterprise risk management capabilities
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Abstract
Enterprise risk management is an important process in managing the organization's activities to prevent and reduce risks including manage risk to be within risk appetite and achieve the objectives of the organization. Therefore, organizations should be aware and emphasized the importance of Enterprise Risk Management Capabilities. This article provides the concept, the antecedents and consequences of Enterprise Risk Management Capabilities including the influence of moderators that have an effect on the relationship by reviewing literature from various sources such as textbooks, academic articles, research articles and publications of the public and private sectors. This article would be useful for applying this concept in organizations and being the guideline of empirical research in the future.
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