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Risk Management: Its Adoption in Australian Public Universities within an Environment of Change Management – A Management Perspective

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  • Joe Christopher
  • Gerrit Sarens

Abstract

type="main"> This study draws on the multi-theoretical approach to governance and a qualitative methodology to examine the extent to which key players in Australian public universities have developed and implemented risk management within an environment of change management. The findings demonstrate that wider influences – largely the result of conflicting management cultures – have had differing impacts on the values of key players and the consequent adoption of the process. Key players’ values range from congruent with a corporate culture (at the strategic level) to incongruent with a corporate culture (at the operational level), and result in different outcomes. These different outcomes suggest that the adoption of risk management by Australian public universities under the influence of new public management is problematic. The study provides opportunities for further research to confirm these findings with a broader sample of actors and the adoption of other governance control processes.

Suggested Citation

  • Joe Christopher & Gerrit Sarens, 2015. "Risk Management: Its Adoption in Australian Public Universities within an Environment of Change Management – A Management Perspective," Australian Accounting Review, CPA Australia, vol. 25(1), pages 2-12, March.
    • Handle: RePEc:bla:ausact:v:25:y:2015:i:1:p:2-12
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    File URL: http://hdl.handle.net/10.1111/auar.12057
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    References listed on IDEAS

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    8. Christopher, Joe, 2012. "Tension between the corporate and collegial cultures of Australian public universities: The current status," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 23(7), pages 556-571.
    9. Beasley, Mark S. & Clune, Richard & Hermanson, Dana R., 2005. "Enterprise risk management: An empirical analysis of factors associated with the extent of implementation," Journal of Accounting and Public Policy, Elsevier, vol. 24(6), pages 521-531.
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    1. Manuela Lucchese & Giuseppe Sannino & Paolo Tartaglia Polcini, 2020. "Il risk management approach nelle Universit? italiane: prime riflessioni su vincoli e opportunit?," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2020(1), pages 111-136.

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