The implementation of enterprise risk management: A study of Malaysian Private Higher Educational Institution / Mariam Setapa and Norhayati Mohmad Zakwan@Zakuan

Enterprise Risk Management (ERM) is fast becoming a key concern in every sector today. Since the 1990s, ERM is a method for managers to identify threats and select the best solution to solve the threats within an organisation. This research paper wishes to develop a conceptual framework of drivers o...

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Main Authors: Setapa, Mariam, Mohmad Zakwan@Zakuan, Norhayati
Format: Article
Language:English
Published: Unit Penerbitan UiTM Kelantan 2019
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/28736/
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author Setapa, Mariam
Mohmad Zakwan@Zakuan, Norhayati
author_facet Setapa, Mariam
Mohmad Zakwan@Zakuan, Norhayati
author_sort Setapa, Mariam
building UiTM Institutional Repository
collection Online Access
description Enterprise Risk Management (ERM) is fast becoming a key concern in every sector today. Since the 1990s, ERM is a method for managers to identify threats and select the best solution to solve the threats within an organisation. This research paper wishes to develop a conceptual framework of drivers of ERM and the impact of ERM on performance among Private Higher Educational Institutions (PHEIs) in Malaysia. Data were collected from 217 PHEIs listed in the Ministry of Higher Education (MOHE) website through a survey. The respondents were top management of the PHEIs. The data were collected within six months and were analysed using SmartPLS 3.2.1 software. The analysis shows both internal factors (Chief Risk Officer, Top Management, Training and Education), and size and types of institutions were impact of ERM on performance (Management, Financial, Marketing), and external factors (Law and Regulation, Corporate Governance, External Auditor) were not impact of ERM on performance. Thus, hypotheses 1 and 2 were accepted and hypotheses 3 was rejected.
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spelling uitm-287362020-04-07T17:54:28Z https://ir.uitm.edu.my/id/eprint/28736/ The implementation of enterprise risk management: A study of Malaysian Private Higher Educational Institution / Mariam Setapa and Norhayati Mohmad Zakwan@Zakuan jmcs Setapa, Mariam Mohmad Zakwan@Zakuan, Norhayati Risk management. Risk in industry. Operational risk Higher Education Enterprise Risk Management (ERM) is fast becoming a key concern in every sector today. Since the 1990s, ERM is a method for managers to identify threats and select the best solution to solve the threats within an organisation. This research paper wishes to develop a conceptual framework of drivers of ERM and the impact of ERM on performance among Private Higher Educational Institutions (PHEIs) in Malaysia. Data were collected from 217 PHEIs listed in the Ministry of Higher Education (MOHE) website through a survey. The respondents were top management of the PHEIs. The data were collected within six months and were analysed using SmartPLS 3.2.1 software. The analysis shows both internal factors (Chief Risk Officer, Top Management, Training and Education), and size and types of institutions were impact of ERM on performance (Management, Financial, Marketing), and external factors (Law and Regulation, Corporate Governance, External Auditor) were not impact of ERM on performance. Thus, hypotheses 1 and 2 were accepted and hypotheses 3 was rejected. Unit Penerbitan UiTM Kelantan 2019-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/28736/1/40 Setapa, Mariam and Mohmad Zakwan@Zakuan, Norhayati (2019) The implementation of enterprise risk management: A study of Malaysian Private Higher Educational Institution / Mariam Setapa and Norhayati Mohmad Zakwan@Zakuan. (2019) Journal of Mathematics and Computing Science (JMCS) <https://ir.uitm.edu.my/view/publication/Journal_of_Mathematics_and_Computing_Science_=28JMCS=29.html>, 5 (1). pp. 39-52. ISSN 0128-0757 https://jmcs.com.my/
spellingShingle Risk management. Risk in industry. Operational risk
Higher Education
Setapa, Mariam
Mohmad Zakwan@Zakuan, Norhayati
The implementation of enterprise risk management: A study of Malaysian Private Higher Educational Institution / Mariam Setapa and Norhayati Mohmad Zakwan@Zakuan
title The implementation of enterprise risk management: A study of Malaysian Private Higher Educational Institution / Mariam Setapa and Norhayati Mohmad Zakwan@Zakuan
title_full The implementation of enterprise risk management: A study of Malaysian Private Higher Educational Institution / Mariam Setapa and Norhayati Mohmad Zakwan@Zakuan
title_fullStr The implementation of enterprise risk management: A study of Malaysian Private Higher Educational Institution / Mariam Setapa and Norhayati Mohmad Zakwan@Zakuan
title_full_unstemmed The implementation of enterprise risk management: A study of Malaysian Private Higher Educational Institution / Mariam Setapa and Norhayati Mohmad Zakwan@Zakuan
title_short The implementation of enterprise risk management: A study of Malaysian Private Higher Educational Institution / Mariam Setapa and Norhayati Mohmad Zakwan@Zakuan
title_sort implementation of enterprise risk management: a study of malaysian private higher educational institution / mariam setapa and norhayati mohmad zakwan@zakuan
topic Risk management. Risk in industry. Operational risk
Higher Education
url https://ir.uitm.edu.my/id/eprint/28736/
https://ir.uitm.edu.my/id/eprint/28736/