Enterprise risk management (ERM) has raised increasing concern in the field of risk management, and brought practical revenues to enterprises in today’s complex interrelated global business environment. It is a valuable question for China enterprises how to improve the ERM performance. Based upon ERM implemental goals published by COSO, we use relevant data from non-financial listed corporations in SSE, from the perspectives of strategic effectiveness, operational efficiency, reporting reliability and corporate compliance. The data of 509 Chinese enterprises is validly interpreted by entropy weight/TOPSIS method to assess the ERM performance, and to analyse the status of ERM in China. Such models provide means quantitatively improve decision making with respect to the ERM performance.
Study on Assess of Enterprise Risk Management in China Based on Entropy Weight/TOPSIS Method
Source
School of ManagementScience and Engineering,Dongbei University of Finance and Economics, China
Length of Resource
10 pages
Resource File
Date Published
Publication Type
paper
Resource Type
academic