Published Paper


Impact of Enterprise Risk Management on Organizational Resilience: A Qualitative Approach

Temitope Olabunmi Otun (MPhil Student) Taiwo Adewale Muritala (Ph.D.,CPFM, FBDFM) Umar Abbas Ibrahim (Ph.D.) Nasamu Gambo (Ph.D.)
Nigeria
Page: 885-896
Published on: 2023 December

Abstract

A qualitative technique was adopted in this study to examine the effect of Enterprise Risk Management on Organizational Resilience from 2016 to 2022. The study analyzed thematic evidence from 39 previous researches that evaluated the effect of Risk Assessment, Risk Tolerance and Risk Identification on Innovation Culture. The study demonstrates a mixed outcome, with 46.15% of findings being positive and mixed respectively. The study also found the Variation-Selection-Retention theory fits in the explanation of the relationships between Enterprise Risk Management and Organizational Resilience. The use of primary data was utilized by most studies with Multi-Stage Narrative and Regression being majorly used for analysis.  The authors observed limited literature on the Enterprise Risk Management and Organizational Resilience in Nigeria and recommend the use of other methods of analysis is recommended for future studies.

 

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