The Embedment of Risk Management in Enterprise Management System

Abstract

Purpose The purpose of this text is to diagnose the degree to which risk management is embedded in enterprise management system, and in particular to identify risk prevention activities taken in different management domains by enterprises listed on the Warsaw Stock Exchange, representing the following three sectors: financial services, construction, and IT. Design/methodology/approach The research was carried out using a triangulation of research methods. The following research methods were used: analysis of the content of source documentation generated by the analyzed enterprises, one-stage logical classification, exemplification, and comparative analysis. The research involved 107 enterprises listed on the Warsaw Stock Exchange and representing the sectors of financial services, construction, and IT. Findings The main conclusion resulting from the research is that risk management is firmly rooted in enterprise management systems, which manifests itself in the presence of measures taken against risk in various management domains, such as strategic, operational, financial, quality, human resources, project, investment, and innovation management. According to the obtained results, the enterprises under analysis the most often apply risk management measures in the areas of strategic management, operational management, and financial management. Originality/value The main added value of the results of the conducted research is the presentation of the management domains in which risk prevention activities are located and the identification of the analyzed enterprises’ specific preventive measures that fall within different management domains and allow the perception of risk management as an integrator of all processes carried out in the enterprise.

Integrated Management Models and Innovative Systems for Venture Capital Business Enterprises

“…Investors always invest in the later stage of products to reduce risks. This has enabled a large number of high-tech enterprises to be "incubated" and developed in a short period (Bąk, 2023). With the continuous venture capital investment, venture capital and emerging markets also carry out a rapid interactive cycle between venture capital and emerging markets, venture capital through emerging markets to profit, and emerging markets through venture capital support to achieve extraordinary development, leading to the capital market "fire" and the formation of the bubble economy (Chen & Su, 2023).…”