Perceptions about effective risk management. The crucial role of internal audit and management. Evidence from Greece
| Autor: | George Drogalas, Iordanis Eleftheriadis, Michail Pazarskis, Evgenia Anagnostopoulou |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2017 |
| Předmět: | |
| Zdroj: | Investment Management & Financial Innovations, Vol 14, Iss 4, Pp 1-11 (2017) |
| Druh dokumentu: | article |
| ISSN: | 1810-4967 1812-9358 |
| DOI: | 10.21511/imfi.14(4).2017.01 |
| Popis: | In the aftermath of the financial crisis, many companies have implemented extensive risk management procedures. Additionally, internal audit has increasingly attracted the attention of managers as it constitutes the core of modern corporate governance. However, regarding Greek companies, there is a lack of empirical research on factors that affect risk management. Therefore, the purpose of the present paper is to analyze specific factors associated with effective risk management. Primary data were collected using questionnaires distributed to employees in companies that are listed on the Athens Exchange. Multiple regression analysis was conducted in order to examine the relationship between effective risk management, risk based internal audit, internal auditors’ involvement in risk management and top management support. Our findings demonstrate that the above factors contribute positively to effective risk management. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
|