Enterprise Risk Management Implementation and the Performance of Financial Institutions in Nigeria: The moderating Role of Organisational Innovativeness

Globalization and corporate failure have triggered scholars to examine the link between enterprise risk management (ERM) implementation and firm performance.Several studies have investigated the effects of ERM implementation on firm performance. However, the relationship between ERM implementation a...

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Main Author: Ahmed, Idris
Format: Conference or Workshop Item
Language:English
Published: 2017
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Online Access:http://repo.uum.edu.my/23887/1/CBMM%202017%201532%201548.pdf
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spelling my.uum.repo.238872018-04-15T04:22:00Z http://repo.uum.edu.my/23887/ Enterprise Risk Management Implementation and the Performance of Financial Institutions in Nigeria: The moderating Role of Organisational Innovativeness Ahmed, Idris HD28 Management. Industrial Management Globalization and corporate failure have triggered scholars to examine the link between enterprise risk management (ERM) implementation and firm performance.Several studies have investigated the effects of ERM implementation on firm performance. However, the relationship between ERM implementation and firm performance have been inconclusive.Several studies have failed to support the value relevance of ERM implementation. There seem to be no agreement concerning the hypothesized benefits of ERM implementation in organisations. Hence, the prime objective of this paper is to examine the moderating role of organisational innovativeness on the relationship between ERM implementation and the performance of financial institutions in Nigeria.Using a survey approach, the researcher randomly selected 163 firms from five subsectors of Nigerian financial institutions.Partial Least Squares Structural Equation Modelling (PLSSEM) was used to test the hypotheses.The findings of the study reveal that ERM implementation has positive and significant effects on the performance of financial institutions in Nigeria.Furthermore, the study establishes that organisational innovativeness moderates the relationship between ERM implementation and the performance of financial institutions in Nigeria.The results of this study offer valuable insight to financial institutions, regulators, and researchers to further understand the role of enterprise risk management implementation and organisational innovativeness in increasing firm performance.The study recommends that firms should put in place mechanisms that would allow them to exploit their innovative potentials to strengthen enterprise risk management implementation in order to improve firm performance. 2017-10-29 Conference or Workshop Item PeerReviewed application/pdf en http://repo.uum.edu.my/23887/1/CBMM%202017%201532%201548.pdf Ahmed, Idris (2017) Enterprise Risk Management Implementation and the Performance of Financial Institutions in Nigeria: The moderating Role of Organisational Innovativeness. In: 4th Conference on Business Management, 29 - 30 Oktober 2017, The Gurney Resprt Hotel & Recidences Penang, Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Ahmed, Idris
Enterprise Risk Management Implementation and the Performance of Financial Institutions in Nigeria: The moderating Role of Organisational Innovativeness
description Globalization and corporate failure have triggered scholars to examine the link between enterprise risk management (ERM) implementation and firm performance.Several studies have investigated the effects of ERM implementation on firm performance. However, the relationship between ERM implementation and firm performance have been inconclusive.Several studies have failed to support the value relevance of ERM implementation. There seem to be no agreement concerning the hypothesized benefits of ERM implementation in organisations. Hence, the prime objective of this paper is to examine the moderating role of organisational innovativeness on the relationship between ERM implementation and the performance of financial institutions in Nigeria.Using a survey approach, the researcher randomly selected 163 firms from five subsectors of Nigerian financial institutions.Partial Least Squares Structural Equation Modelling (PLSSEM) was used to test the hypotheses.The findings of the study reveal that ERM implementation has positive and significant effects on the performance of financial institutions in Nigeria.Furthermore, the study establishes that organisational innovativeness moderates the relationship between ERM implementation and the performance of financial institutions in Nigeria.The results of this study offer valuable insight to financial institutions, regulators, and researchers to further understand the role of enterprise risk management implementation and organisational innovativeness in increasing firm performance.The study recommends that firms should put in place mechanisms that would allow them to exploit their innovative potentials to strengthen enterprise risk management implementation in order to improve firm performance.
format Conference or Workshop Item
author Ahmed, Idris
author_facet Ahmed, Idris
author_sort Ahmed, Idris
title Enterprise Risk Management Implementation and the Performance of Financial Institutions in Nigeria: The moderating Role of Organisational Innovativeness
title_short Enterprise Risk Management Implementation and the Performance of Financial Institutions in Nigeria: The moderating Role of Organisational Innovativeness
title_full Enterprise Risk Management Implementation and the Performance of Financial Institutions in Nigeria: The moderating Role of Organisational Innovativeness
title_fullStr Enterprise Risk Management Implementation and the Performance of Financial Institutions in Nigeria: The moderating Role of Organisational Innovativeness
title_full_unstemmed Enterprise Risk Management Implementation and the Performance of Financial Institutions in Nigeria: The moderating Role of Organisational Innovativeness
title_sort enterprise risk management implementation and the performance of financial institutions in nigeria: the moderating role of organisational innovativeness
publishDate 2017
url http://repo.uum.edu.my/23887/1/CBMM%202017%201532%201548.pdf
http://repo.uum.edu.my/23887/
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score 13.144533