风险所有权、企业风险管理实践和财务职能的作用

IF 1.4 Q3 BUSINESS, FINANCE

Journal of Management Accounting Research Pub Date : 2020-06-01 DOI:10.2308/jmar-52549

C. Ittner, D. Oyón

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引用次数: 8

摘要

本研究提供了探索性证据，证明了高级“风险所有权”的分配与企业风险管理（ERM）过程的复杂性之间的关联，具有单一风险所有者与多个风险所有者的公司的ERM复杂性差异，以及CFO风险所有权与财务部在ERM过程中的作用之间的关系。通过一项全球多行业调查，我们发现企业风险管理的复杂性与更广泛的风险所有权和首席财务官的风险所有权呈正相关。具有更复杂的企业风险管理实践和作为风险所有者的首席财务官的公司的财务职能往往有助于识别、监测和管理更广泛的财务、运营和市场风险。具有更复杂ERM的公司报告称，当他们遇到重大风险事件时，准备得更好，并且具有更强的竞争地位。然而，在控制ERM复杂性后，风险所有权差异与这些结果没有直接关联。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Risk Ownership, ERM Practices, and the Role of the Finance Function

This study provides exploratory evidence on the associations between the assignment of senior-level “risk ownership” and the sophistication of the enterprise risk management (ERM) process, ERM sophistication differences in firms with single versus multiple risk owners, and the relationship between CFO risk ownership and Finance's role in the ERM process. Using a global, multi-industry survey, we find ERM sophistication positively associated with broader risk ownership and CFO risk ownership. Finance functions in firms with more sophisticated ERM practices and with CFOs who are risk owners tend to contribute to the identification, monitoring, and management of a broader range of financial, operational, and market risks. Firms with more sophisticated ERM report being better prepared when they encountered major risk events and having stronger competitive positions. However, risk ownership differences are not directly associated with these outcomes after controlling for ERM sophistication.

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来源期刊

Journal of Management Accounting Research BUSINESS, FINANCE-

CiteScore

2.90

自引率

5.90%

发文量

期刊介绍： The mission of the Journal of Management Accounting Research (JMAR) is to advance the theory and practice of management accounting through publication of high-quality applied and theoretical research, using any well-executed research method. JMAR serves the global community of scholars and practitioners whose work impacts or is informed by the role that accounting information plays in decision-making and performance measurement within organizations. Settings may include profit and not-for profit organizations, service, retail and manufacturing organizations and domestic, foreign, and multinational firms. JMAR furthermore seeks to advance an understanding of management accounting in its broader context, such as issues related to the interface between internal and external reporting or taxation. New theories, topical areas, and research methods, as well as original research with novel implications to improve practice and disseminate the best managerial accounting practices are encouraged.