This study investigates the level of Enterprise Risk Management (ERM) adoption within the Public Listed Companies (PLCs) in Malaysia and the influence of Chief Risk Officers (CROs) on ERM practices. Included in this particular study is a comprehensive survey on 500 companies from the main board of public listed companies in the Malaysian Bourse. Key findings of this research work reveal that only 42% of the companies surveyed have completely adopted ERM and based on regression analyses, the ‘quality’ of CROs has a strong influence on the level of ERM adoption within the PLCs involved in the survey.
Previous researches have shown that characteristics of entrepreneurial leadership have influence organisational performance regardless of the organisational size. This paper was set to review the relationship of vision, innovation, proactiveness and risk-taking on Small Medium Enterprises (SMEs) performance. This resulted to the question that does entrepreneurial leadership (i.e vision, innovation, proactiveness and risk-taking) significantly relate to performance of SMEs? From the review of related literatures, the characteristics of
Family Takaful is one of the service sectors that are expected to continue to drive growth in the economy. Thus, the family Takaful market continues to play an important role in supporting economic and social development. However, in Malaysia, family Takaful market is still at a lower penetration level if we were to compare to other developed countries even though the Takaful industry continues to sustain strong performance amidst challenges in a competitive environment. Evidence has shown that the percentage of society covered by family Takaful contracts in Malaysia is still very low compared to conventional insurance. Therefore, the study aims to propose a conceptual framework for the determinants of family Takaful demand in Malaysia. From a review of the literature available in this particular area of interest, there are two categories of factors that are found to be the main determinants of family Takaful. These factors are the socio-demography and economic factors.
Enterprise Risk Management (ERM) is a new concept of managing risks holistically and in Malaysia, such a concept is still relatively new among Malaysian companies. On a positive note however, the ERM concept appear to be receiving much attention over the recent years from various businesses and industries in Malaysia. This particular study aims to determine the level of ERM adoption among the Government-Linked Companies (GLCs) and to examine the influence of Chief Risk Officers (CROs) and Board of Directors (BODSs) on the ERM implementation itself. Findings of the study showed that the more established GLCs were more receptive to the adoption of ERM as compared to the less established ones. Also, companies that adopt ERM were found to have appointed the Chief Risk Officers (CROs). In addition, the quality of Board of Directors (BODSs) was also found to play a significant role in respect of ERM implementation.
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