Enterprise Risk Management Implementation and Autonomy Status in Malaysian Public Universities

Enterprise risk management has been the centre of focus for many private organizations especially financial institutions. Like their counterparts, non-profit organizations are not safe from risk exposures and it is more crucial when their funding originated from the public. There is little work don...

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Main Authors: Ahmad, Shahrul Nizam, Ibrahim, Yusnidah, Abu Bakar, Arpah
Format: Conference or Workshop Item
Language:English
Published: 2016
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/25212/1/ECoFI%202016%20270-276_1.PDF
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author Ahmad, Shahrul Nizam
Ibrahim, Yusnidah
Abu Bakar, Arpah
author_facet Ahmad, Shahrul Nizam
Ibrahim, Yusnidah
Abu Bakar, Arpah
author_sort Ahmad, Shahrul Nizam
collection UUM
description Enterprise risk management has been the centre of focus for many private organizations especially financial institutions. Like their counterparts, non-profit organizations are not safe from risk exposures and it is more crucial when their funding originated from the public. There is little work done on the risk management implementation in the public organizations and research is needed to find out whether these organizations are serious in managing their risk and do they have a formal structure and framework to handle that. This study examines whether autonomy status award is a reason why public universities implement ERM. Based on the data gathered from a total of 21 public universities, this study found that most of them do have a formal risk management structure in place and some of them have even appointed a specific person (risk officer) specializing in handling the ERM activities of the universities. Our early findings show that an autonomy status is an important determinant on the decision of the public universities to implement ERM. This paper would provide the foundation for more advanced research in the ERM implementation in non-profit organizations.
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spelling uum-252122020-11-01T08:14:13Z https://repo.uum.edu.my/id/eprint/25212/ Enterprise Risk Management Implementation and Autonomy Status in Malaysian Public Universities Ahmad, Shahrul Nizam Ibrahim, Yusnidah Abu Bakar, Arpah HB Economic Theory Enterprise risk management has been the centre of focus for many private organizations especially financial institutions. Like their counterparts, non-profit organizations are not safe from risk exposures and it is more crucial when their funding originated from the public. There is little work done on the risk management implementation in the public organizations and research is needed to find out whether these organizations are serious in managing their risk and do they have a formal structure and framework to handle that. This study examines whether autonomy status award is a reason why public universities implement ERM. Based on the data gathered from a total of 21 public universities, this study found that most of them do have a formal risk management structure in place and some of them have even appointed a specific person (risk officer) specializing in handling the ERM activities of the universities. Our early findings show that an autonomy status is an important determinant on the decision of the public universities to implement ERM. This paper would provide the foundation for more advanced research in the ERM implementation in non-profit organizations. 2016 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/25212/1/ECoFI%202016%20270-276_1.PDF Ahmad, Shahrul Nizam and Ibrahim, Yusnidah and Abu Bakar, Arpah (2016) Enterprise Risk Management Implementation and Autonomy Status in Malaysian Public Universities. In: 3rd Annual ECoFI Symposium 2016 18-19 December 2016, Kedah, Malaysia, 18-19 Dicember 2016, Universiti Utara Malaysia,Kedah.
spellingShingle HB Economic Theory
Ahmad, Shahrul Nizam
Ibrahim, Yusnidah
Abu Bakar, Arpah
Enterprise Risk Management Implementation and Autonomy Status in Malaysian Public Universities
title Enterprise Risk Management Implementation and Autonomy Status in Malaysian Public Universities
title_full Enterprise Risk Management Implementation and Autonomy Status in Malaysian Public Universities
title_fullStr Enterprise Risk Management Implementation and Autonomy Status in Malaysian Public Universities
title_full_unstemmed Enterprise Risk Management Implementation and Autonomy Status in Malaysian Public Universities
title_short Enterprise Risk Management Implementation and Autonomy Status in Malaysian Public Universities
title_sort enterprise risk management implementation and autonomy status in malaysian public universities
topic HB Economic Theory
url https://repo.uum.edu.my/id/eprint/25212/1/ECoFI%202016%20270-276_1.PDF
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