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Looking under the Lamppost? A Research Agenda for Increasing Enterprise Risk Management’s Usefulness to Practitioners

In: Contemporary Challenges in Risk Management

Author

Listed:
  • Philip Bromiley
  • Devaki Rau

Abstract

Enterprise risk management (ERM), a process by which organizations assess, manage and monitor risk from all sources for the corporation as a whole, has drawn increasing attention from both researchers and practitioners. We propose, however, that like the drunken person in the above anecdote, much of ERM research looks at issues somewhat distant from the reality experienced by managers. Focusing on ERM for non-financial companies, this paper explores the reasons for this distance, and lays out an agenda for future ERM research.

Suggested Citation

  • Philip Bromiley & Devaki Rau, 2014. "Looking under the Lamppost? A Research Agenda for Increasing Enterprise Risk Management’s Usefulness to Practitioners," Palgrave Macmillan Books, in: Torben Juul Andersen (ed.), Contemporary Challenges in Risk Management, chapter 2, pages 50-62, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-44762-3_3
    DOI: 10.1057/9781137447623_3
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    Cited by:

    1. Simon Ashby & Trevor Buck & Stephanie Nöth-Zahn & Thomas Peisl, 2018. "Emerging IT Risks: Insights from German Banking," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 43(2), pages 180-207, April.

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