@ARTICLE{
title = {Enterprise Risk Management as Part of the Organizational Control Package: Review and Implications for Management Accounting Research},
type = {PAPERREF},
author = {Braumann, Evelyn C. and Hiebl, Martin and Posch, Arthur},
language = {EN},
number = {2},
abstract = {Research on enterprise risk management (ERM) has increased considerably in the past two decades. Although management accounting researchers have substantially contributed to these advancements, previous reviews of the ERM literature have not discussed in depth the role of ERM as part of the organizational control package and how management accounting research could build on its research traditions to further our collective understanding of ERM. In this paper, we therefore adopt a management control perspective to critically analyze both quantitative and qualitative empirical ERM research and specifically focus on the integration of ERM in organizational control packages. Taking a complementarity perspective and accounting for the decision-facilitating and decision-influencing purposes of management accounting and control systems (MACS), we recommend several broader avenues for future management accounting research on ERM.},
pages = {7-29},
journal = {Journal of Management Accounting Research},
volume = {36},
year = {2024},
url = {http://dx.doi.org/10.2308/JMAR-2021-071},
}
                            

                        

Details

Title: Enterprise Risk Management as Part of the Organizational Control Package: Review and Implications for Management Accounting Research

Summary: Research on enterprise risk management (ERM) has increased considerably in the past two decades. Although management accounting researchers have substantially contributed to these advancements, previous reviews of the ERM literature have not discussed in depth the role of ERM as part of the organizational control package and how management accounting research could build on its research traditions to further our collective understanding of ERM. In this paper, we therefore adopt a management control perspective to critically analyze both quantitative and qualitative empirical ERM research and specifically focus on the integration of ERM in organizational control packages. Taking a complementarity perspective and accounting for the decision-facilitating and decision-influencing purposes of management accounting and control systems (MACS), we recommend several broader avenues for future management accounting research on ERM.

Journal: Journal of Management Accounting Research

Volume: 36

Issue: 2

Year of publication: 2024

Page reference: 7-29

Number of pages: 23

Scope: International

DOI: http://dx.doi.org/10.2308/JMAR-2021-071

Involved Persons

Authors / Editors: Evelyn C. Braumann, Univ.-Prof. Mag. Dr. Martin Hiebl, Arthur Posch

JKU Research Units

100% Institute of Controlling and Consulting

Branches of Science

502 Economics | 502006 Controlling | 502033 Accounting | 502043 Business consultancy | 502044 Business management