The role of interactive style of use in improving risk management effectiveness

Marc, Mojca (avtor), Arena, Marika (avtor), Peljhan, Darja (avtor)

The purpose of this paper is to investigate how to make risk management systems (RMS) more effective. We identify a critical element for effective RMS, which is neglected in the literature, and argue that the potential of advanced RMS designs (e.g., enterprise risk management—ERM) depends on the interactive style of use. However, interactive use is costly in terms of managers’ time and attention, so many organizations do not use RMS in this way. Using survey data and PLS-SEM, we show for our sample companies that the positive effects of advanced RMS design on effectiveness are fully mediated through interactive use of RMS. This brings on an important implication that a RMS leads to better results when it is used interactively. For example, more interactive use of less developed RMS design (such as the traditional silo-based design) would improve its effectiveness by compensating for the lack of an organization-wide RMS.

• Jezik: Angleški jezik
• Ključne besede: management, risk, risk managemant, enterprise risk management, ERM, risk management system, interactive use, risk management efectiveness, PLS-SEM
• Vrsta gradiva: Članek v reviji
• Tipologija: 1.01 - Izvirni znanstveni članek
• Organizacija: EF - Ekonomska fakulteta
• Status publikacije: Objavljeno
• Različica publikacije: Objavljena publikacija
• Leto izida: 2023
• Št. strani: 21 str.
• Številčenje: Vol. 25, iss. 2, art. 9
• PID: 20.500.12556/RUL-147564
• UDK: 005.3
• ISSN pri članku: 1460-3799
• DOI: 10.1057/s41283-023-00114-4
• COBISS.SI-ID: 141728515
• Datum objave v RUL: 07.07.2023

Gradivo je del revije

• Naslov: Risk management
• Skrajšan naslov: Risk manag.
• Založnik: Springer Nature
• ISSN: 1460-3799
• COBISS.SI-ID: 514966297

Licence

• Licenca: CC BY 4.0, Creative Commons Priznanje avtorstva 4.0 Mednarodna
• Povezava: http://creativecommons.org/licenses/by/4.0/deed.sl
• Opis: To je standardna licenca Creative Commons, ki daje uporabnikom največ možnosti za nadaljnjo uporabo dela, pri čemer morajo navesti avtorja.

Sekundarni jezik

• Jezik: Slovenski jezik
• Ključne besede: management, tveganje, obvladovanje tveganj

Projekti

• Financer: ARRS - Agencija za raziskovalno dejavnost Republike Slovenije
• Številka projekta: P5-0364
• Naslov: Vpliv upravljanja, organizacijskega učenja in managementa znanja ter inovacij na organizacije v starajočih se družbah