Vpliv sistemov za obvladovanje tveganj in strateške usmeritve na uspešnost poslovanja

Autor: Darja Peljhan, Danijela Miloš Sprčić, Mojca Marc
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Economic and Business Review, Vol 21, Iss 4 (2019)
Druh dokumentu: article
ISSN: 1580-0466
2335-4216
DOI: 10.15458/2335-4216.1069
Popis: In this study, we analyse the relationships between risk management systems, corporate strategy, and corporate performance that have not been explored in the existing literature. We investigate whether different types of strategic alignments (defenders, analysts, researchers, and responders) are associated with different levels of sophistication of risk management systems and what the direct and indirect relationship is between them and firm performance. The hypothesised relationships are tested through a regression analysis of the data collected using a questionnaire. The results confirm that there is a direct relationship between strategic orientation and corporate performance, and between the sophistication of risk management systems and the non-financial aspect of corporate performance. The results do not support a mediating effect of the maturity level of risk management systems on the relationship between the type of strategic orientation and corporate performance. This implies that the sophistication of risk management systems and strategic orientation act as independent variables, each influencing firm performance.
Databáze: Directory of Open Access Journals