International Journal of Civil Engineering and Technology (IJCIET)

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Volume 8, Issue 10,October 2017, Pages 184-196, Page Count - 13

A STUDY ON ENTERPRISE RISK MANAGEMENT AND ORGANIZATIONAL PERFORMANCE: DEVELOPER`S PERSPECTIVE

Farah Salwati Ibrahim (1) Muneera Esa (2)

(1) School of Housing Building and Planning, Universiti Sains Malaysia, Pulau Pinang, Malaysia.
(2) School of Housing Building and Planning, Universiti Sains Malaysia, Pulau Pinang, Malaysia.

Manuscript ID:- 00000-63893
Access Type : Open Access
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Cite this article:Farah Salwati Ibrahim,Muneera Esa,  A Study On Enterprise Risk Management And Organizational Performance: Developer`s Perspective, International Journal of Civil Engineering and Technology(IJCIET), 2017, 8(10), PP.184-196

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Abstract

The housing property sector is among those industries exposed to many predictable and unpredictable risks that may have a great impact on the performance of the organization. Enterprise Risk Management (ERM) has been identified as an organized and systematic way of managing risk throughout an organization and recent research results have shown ERM implementation has positive significance on the companies’ financial and non-financial performance. However, little research has been done to measure the performance of ERM studies, especially in Malaysia which has made potential users reluctant to use ERM. This paper presents a critical review of the Enterprise Risk Management in the construction industry, with a special focus on the performance of the organization in Malaysian housing property sector. The strengths and weakness of the existing structures are investigated and it suggests a firm groundwork for an in-depth future study to gain detail insights on how ERM actually works in practise in Malaysian organizations to provide a better basis for decisionmaking at strategic level, tactical and operational levels of potential risk profiles.
Author Keywords
Construction Industry Enterprise Risk Management Organizational Performance Housing property
Acknowledgement
The authors this research was supported by Short Term Grant, School of Housing Building and Planning, Universiti Sains Malaysia (304/PPBGN/6313294)


ISSN Print: 0976-6308 ISSN Online: 0976-6316
Source Type: Journals Document Type: Journal Article
Publication Language: English DOI:
Abbreviated Journal Title: IJCIET Access Type: Open Access
Publisher Name: IAEME Publication Resource Licence: CC BY-NC
Major Subject:Physical Sciences Subject Area classification: Engineering and Technology
Subject area: Building and Construction Source: SCOPEDATABASE