期刊名称:International Journal of Academic Research in Business and Social Sciences
电子版ISSN:2222-6990
出版年度:2018
卷号:8
期号:11
页码:1232-1245
DOI:10.6007/IJARBSS/v8-i11/5165
语种:English
出版社:Human Resource Management Academic Research Society
摘要:According to the World Bank research involving SMEs from 104 developing countries has found that small firms have the largest shares of job creation, highest sales growth and employment growth compare to large firm. However, large firm is more productive. Similarly, SMEs in Malaysia also contribute significantly to the economic development especially in creating new job opportunities. SMEs involvements in business expose themselves to risks. Hence, SMEs need risk management. A review of current literature was focus to the adoption of ERM among large firm. However studies that have been conducted to examine ERM adoption among SME are still lacking. More important, the identification of adopters and non-adopters are based on the large firm’s ERM indicator such as Chief Risk Officer (CRO) or COSO (2004) whereas SMEs with difference characteristic need a suitable adopters and non-adopters identification process. Thus, the main objective of this paper is to propose a simple and systematic identification process of adopters and non-adapters of ERM for SMEs.