The moderating roles of ownership concentration and foreign ownership on enterprise risk management and firm performance / Zhang Lan Jun
This study examines the relationship between enterprise risk management, firm performance, and the moderating role of ownership concentration and foreign ownership on the relationship between enterprise risk management and enterprise performance. The study uses 6015 listed firms in the Shanghai Stoc...
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| Format: | Thesis |
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2021
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| Online Access: | http://studentsrepo.um.edu.my/12431/ http://studentsrepo.um.edu.my/12431/1/Zhang_Lanjun.pdf http://studentsrepo.um.edu.my/12431/2/Zhang_Lan_Jun.pdf |
| _version_ | 1848774651494268928 |
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| author | Zhang , Lan Jun |
| author_facet | Zhang , Lan Jun |
| author_sort | Zhang , Lan Jun |
| building | UM Research Repository |
| collection | Online Access |
| description | This study examines the relationship between enterprise risk management, firm performance, and the moderating role of ownership concentration and foreign ownership on the relationship between enterprise risk management and enterprise performance. The study uses 6015 listed firms in the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE) from 2016 to 2018. The results indicate that enterprise risk management significantly influences both short-term and long-term firm performance based on multiple regression and panel data analysis. The study also found that ownership concentration positively moderates the relationship between enterprise risk management and both short-term and long-term firm performance. However, foreign ownership is found to moderate the relationship between enterprise risk management only for long-term performance but has no significant effect on short-term performance. The results indicate that firms are advised to implement enterprise risk management to gain a competitive advantage and superior performance. At the same time, paying more attention to ownership concentration and foreign ownership is required.
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| first_indexed | 2025-11-14T14:01:41Z |
| format | Thesis |
| id | um-12431 |
| institution | University Malaya |
| institution_category | Local University |
| last_indexed | 2025-11-14T14:01:41Z |
| publishDate | 2021 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | um-124312021-09-16T18:18:51Z The moderating roles of ownership concentration and foreign ownership on enterprise risk management and firm performance / Zhang Lan Jun Zhang , Lan Jun HD28 Management. Industrial Management This study examines the relationship between enterprise risk management, firm performance, and the moderating role of ownership concentration and foreign ownership on the relationship between enterprise risk management and enterprise performance. The study uses 6015 listed firms in the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE) from 2016 to 2018. The results indicate that enterprise risk management significantly influences both short-term and long-term firm performance based on multiple regression and panel data analysis. The study also found that ownership concentration positively moderates the relationship between enterprise risk management and both short-term and long-term firm performance. However, foreign ownership is found to moderate the relationship between enterprise risk management only for long-term performance but has no significant effect on short-term performance. The results indicate that firms are advised to implement enterprise risk management to gain a competitive advantage and superior performance. At the same time, paying more attention to ownership concentration and foreign ownership is required. 2021-01 Thesis NonPeerReviewed application/pdf http://studentsrepo.um.edu.my/12431/1/Zhang_Lanjun.pdf application/pdf http://studentsrepo.um.edu.my/12431/2/Zhang_Lan_Jun.pdf Zhang , Lan Jun (2021) The moderating roles of ownership concentration and foreign ownership on enterprise risk management and firm performance / Zhang Lan Jun. Masters thesis, University of Malaya. http://studentsrepo.um.edu.my/12431/ |
| spellingShingle | HD28 Management. Industrial Management Zhang , Lan Jun The moderating roles of ownership concentration and foreign ownership on enterprise risk management and firm performance / Zhang Lan Jun |
| title | The moderating roles of ownership concentration and foreign ownership on enterprise risk management and firm performance / Zhang Lan Jun |
| title_full | The moderating roles of ownership concentration and foreign ownership on enterprise risk management and firm performance / Zhang Lan Jun |
| title_fullStr | The moderating roles of ownership concentration and foreign ownership on enterprise risk management and firm performance / Zhang Lan Jun |
| title_full_unstemmed | The moderating roles of ownership concentration and foreign ownership on enterprise risk management and firm performance / Zhang Lan Jun |
| title_short | The moderating roles of ownership concentration and foreign ownership on enterprise risk management and firm performance / Zhang Lan Jun |
| title_sort | moderating roles of ownership concentration and foreign ownership on enterprise risk management and firm performance / zhang lan jun |
| topic | HD28 Management. Industrial Management |
| url | http://studentsrepo.um.edu.my/12431/ http://studentsrepo.um.edu.my/12431/1/Zhang_Lanjun.pdf http://studentsrepo.um.edu.my/12431/2/Zhang_Lan_Jun.pdf |