Enterprise Risk Management and Firm Operations: Evidence from Inventory Management
Description:
Enterprise Risk Management (ERM) is a program that manages all firm risks in an integrated framework to control and coordinate offsetting risks. In this study, I provide the first archival evidence on how ERM affects firms' day-to-day, routine operations. Using hand-collected ERM adoption data and inventory information, I examine whether firms with an ERM program experience an improvement in their inventory management. My findings suggest that ERM adoption is associated with greater inventory t…
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Date:
August 2021
Creator:
Shadaei, Mehdi
Partner:
UNT Libraries