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A Comparison of the Main ERM Frameworks: How Limitations and Weaknesses can be Overcome Implementing IT Governance
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(1988)Firm Resources and Sustained Competitive Advantage (1991)Antecedents and outcomes of strategic IS alignment: an empirical investigation (2006)Strategic Alignment Between Business and Information Technology: A Knowledge-Based View of Behaviors, Outcome, and Consequences (2006)How Information Technology Governance Mechanisms and Strategic Alignment Influence Organizational Performance: Insights from a Matched Survey of Business and IT Managers1 (2015)Risk Society: Towards a New Modernity (1993)Risk Society, Towards a New Modernity (1994)Seeing like a State: How Certain Schemes to Improve the Human Condition Have Failed (1998)Enterprise risk management and firm performance: The Italian case (2016)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Performance Pay and Top-Management Incentives (1990)Agency costs of free cash flow, corporate finance, and takeovers (1996)Higher market valuation of companies with a small board of directors (1996)A Survey of Corporate Governance (1997)Corporate governance, chief executive officer compensation, and firm performance (1999)Judgment under Uncertainty: Heuristics and Biases (1974)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Investor Inattention and Friday Earnings Announcements (2009)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)In Search of Attention (2011)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Corporate social responsibility engagement and firm performance in Asia Pacific: The role of enterprise risk management (2019)The linkage between knowledge risk management and organizational performance (2019)Enterprise Risk Management: A Literature Review and Agenda for Future Research (2020)Enterprise risk management: An empirical analysis of factors associated with the extent of implementation (2005)Emerging themes in management control: A review of recent literature (2008)Ensuring Supply Chain Resilience: Development and Implementation of an Assessment Tool (2013)Auditing and the production of legitimacy (2003)A conceptual development of Simons’ Levers of Control framework (2012)Critical Approaches to Security in Europe: A Networked Manifesto (2006)Hybridized professional groups and institutional work: COSO and the rise of enterprise risk management (2014)Resilience and (in)security: Practices, subjects, temporalities (2015)
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References

  • 1993The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems8,544 cited
  • 2003Limited attention, information disclosure, and financial reporting2,339 cited
  • 2007IT Alignment: What Have We Learned?1,069 cited
  • 2012Enterprise Risk Management—Integrated Framework880 cited
  • 2014Internal Control: Integrated Framework774 cited
  • 2003A Resource‐Based View of Strategic IT Alignment: How Knowledge Sharing Creates Competitive Advantage681 cited
  • 2003Risk management: The reinvention of internal control and the changing role of internal audit563 cited
  • 2014Enterprise Risk Management: Review, Critique, and Research Directions552 cited
  • 2009The risk management of nothing548 cited
  • 2004The Risk Management of Everything: Rethinking the Politics of Uncertainty482 cited
  • 2013COBIT 5 and Enterprise Governance of Information Technology: Building Blocks and Research Opportunities303 cited
  • 2007Organizational alignment and performance: past, present and future243 cited
  • 2010Extending AIS research to management accounting and control issues: A research note233 cited
  • 2004COBIT and its utilization: a framework from the literature201 cited
  • 2012The Consequences of Information Technology Control Weaknesses on Management Information Systems: The Case of Sarbanes–Oxley Internal Control Reports1

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182 cited
  • 2007An empirical examination of CobiT as an internal control framework for information technology139 cited
  • Cited by

    • 2023Enterprise Risk Management in an Uncertain Environment19 cited
    • 2024The Impact of Firm Risk and the COVID-19 Crisis on Working Capital Management Strategies: Evidence from a Market Affected by Economic Uncertainty18 cited