Evaluating Enterprise Risk Management (ERM); Bahrain Financial Sectors as A Case Study

Akram Jalal, Fatima Subah AlBayati, Noora Rashed AlBuainain

Abstract


Enterprise Risk Management (ERM) is a process used by firms to manage risks and seize opportunities related to the achievement of their objectives. ERM provides a proactive framework for risk management, which typically involves identifying particular events relevant to the organization's objectives, assessing them and magnitude of impact, determining a response strategy, and monitoring progress. This research measures the awareness of Bahrain financial sector of ERM and if companies maintain an effective ERM framework. The results show success since all companies are aware of ERM and have an effective ERM framework in place.


Full Text: PDF DOI: 10.5539/ibr.v4n3p83

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This work is licensed under a Creative Commons Attribution 3.0 License.

International Business Research  ISSN 1913-9004 (Print), ISSN 1913-9012 (Online)

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