000 01544 a2200193 4500
999 _c32438
_d32438
001 nam a22 7a 4500
020 _a9783330080744
082 _a650 FA EN
100 _aFarhan, Muhammad
_961190
245 _aEnterprise risk management and its effect on firm value in Turkey
_cMuhammad Farhan ; Edited by Ozlem Sayilir
260 _aDeutschland :
_bLAMBERT Academic Publishing,
_cc2017.
300 _aix, 78 p. :
_bill. ;
_c23 cm.
520 _aThe importance of risk become enhance suddenly after financial crisis. Different initiatives have been taken to develop proper management approach. Enterprise risk management is one of advance approach use by most of multinational firm to management risk. This paper tries to find out relationship between ERM and firm value. There is no proper determinant to measure ERM but most of researches have been used Chief risk office appointment as determinant of ERM. We use survey responses as measure of ERM. We send online questionnaire to 130 firms register in Istanbul stock exchange. We used Tobin’s Q as measure of firm value. Our finding shows that there is no relationship between ERM and firm value but there is negative significant relationship between firm value and leverage. Our result also shows that ERM performing firms has less variation in long term debt.
650 _aEnterprise
_913969
650 _aRisk Management
_9199
700 _aSayilir, Ozlem,
_eEdited by
_961191
856 _uhttps://uowd.box.com/s/c3rz687ewty5io9iy1243qaqy2cx9be6
_zLocation Map
942 _cREGULAR