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Implementation of enterprise risk management as a tool for improving corporate governance within the public sector

This purpose of the research is to investigate the relationship between the implementation
of an Enterprise Risk Management (ERM) and corporate governance within the public
sector. Furthermore, the study focused on the role of internal audit in ERM implementation
as well as the relationship between ERM and risk communication. Questionnaires designed
to collect data were e-mailed to risk managers; internal auditors and senior managers.
The survey confirmed a positive association between the implementation of an ERM
framework and corporate governance as well as risk communication. The majority of
respondents further confirmed that corporate governance concerns were the main driving
force behind the implementation followed by the impact of HIV/AIDS on their respective
organisations. Of those surveyed 38% confirmed that their ERM process is embedded and
they have also created the position of chief risk officer or similar.
However, it is important to note that the role of internal audit in ERM implementation is not
fully integrated.

  1. http://hdl.handle.net/10500/58
Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:unisa/oai:umkn-dsp01.int.unisa.ac.za:10500/58
Date January 2007
CreatorsTruter, Mark Christopher
PublisherUniversity of South Africa
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeThesis

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