A Review of Enterprise Risk Management Practices among Malaysian Public Listed Companies
Authors: Fong-Woon Lai
The risk sphere in business is fast changing and expanding. Almost anything has become a risk factor that will have potent, direct, and far reaching impacts on business. This paper examines the intensity of enterprise risk management (ERM) practices among the Malaysian public listed companies. The paper espouses a ERM framework comprising fourteen important implementation elements and processes. Results of the analysis indicate that the intensity of ERM implementation among the respondents is in the ‘good’ category of the semantic scale, which is deemed encouraging vis-à-vis the country’s regulatory regime.
Digital Object Identifier (DOI): doi.org/10.5281/zenodo.1074687Procedia APA BibTeX Chicago EndNote Harvard JSON MLA RIS XML ISO 690 PDF
 D. Thompson, "Risk Management: A brief history", Journal of Banking + Financial Services, vol.117, no.3, 2003, pp.30-32.
 G.J. Bierc, "Risk management infrastructure can boost corporate performance", Financial Executive, vol.19, no.3, 2003, pp.59-61.
 M.A. Bailey, L. Bloom and E.T. Hida, "Assessing the Value of Enterprise Risk Management", Deloitte Development LLC, 2004.
 MICPA (The Malaysian Institute of Certified Public Accountants), "Key Amendments To The Malaysian Code On Corporate Governance", 2008. (Online) Available from http://www.micpa.com.my/micpamember /document/ Code_of_Corporate_ Governance.pdf (2009, June 24).
 SC, "Malaysian Code On Corporate Governance (Revised 2007)", Securities Commission of Malaysia, 2007.
 Bursa-s Bulletin "BursaBytes", Issue 2, Vol 1, July 2009.
 N.K. Malhotra, "Marketing Research: An Applied Orientation", 4th edition, Pearson-Prentice Hall, 2004.