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By The Numbers: Individual Bias and Enterprise Risk Management

Publication ,  Journal Article
Blaskovich, J; Taylor, EZ
Published in: Journal of Behavioral and Applied Management
September 1, 2011

In theory, enterprise risk management (ERM) appears to be a succinct and effective risk management model. In practice, as is the case with most managerial techniques, the devil is in the implementation. This study explores this issue by examining how the composition of ERM groups determines which risks are managed and which risks are ignored. In two experiments, we find that groups with accounting or financial backgrounds place greater emphasis on financial risks compared with cross-functional groups. Results suggest that organizations will achieve different ERM outcomes from using cross-functional groups than financially oriented group.

Duke Scholars

Published In

Journal of Behavioral and Applied Management

DOI

EISSN

1930-0158

Publication Date

September 1, 2011

Volume

13

Issue

1

Publisher

Journal of Behavior and Applied Management
 

Citation

APA
Chicago
ICMJE
MLA
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Blaskovich, J., & Taylor, E. Z. (2011). By The Numbers: Individual Bias and Enterprise Risk Management. Journal of Behavioral and Applied Management, 13(1). https://doi.org/10.21818/001c.17867
Blaskovich, Jennifer, and Eileen Z. Taylor. “By The Numbers: Individual Bias and Enterprise Risk Management.” Journal of Behavioral and Applied Management 13, no. 1 (September 1, 2011). https://doi.org/10.21818/001c.17867.
Blaskovich J, Taylor EZ. By The Numbers: Individual Bias and Enterprise Risk Management. Journal of Behavioral and Applied Management. 2011 Sep 1;13(1).
Blaskovich, Jennifer, and Eileen Z. Taylor. “By The Numbers: Individual Bias and Enterprise Risk Management.” Journal of Behavioral and Applied Management, vol. 13, no. 1, Journal of Behavior and Applied Management, Sept. 2011. Crossref, doi:10.21818/001c.17867.
Blaskovich J, Taylor EZ. By The Numbers: Individual Bias and Enterprise Risk Management. Journal of Behavioral and Applied Management. Journal of Behavior and Applied Management; 2011 Sep 1;13(1).

Published In

Journal of Behavioral and Applied Management

DOI

EISSN

1930-0158

Publication Date

September 1, 2011

Volume

13

Issue

1

Publisher

Journal of Behavior and Applied Management