Transition from Traditional Risk Management to Enterprise Risk Management System

43093

Financial crisis and corporate scandals are thought because of the insufficiency of public and private institutions risk management system. The requirement of enterprise risk management is increased for removing this insufficiency, providing more transparent management systems. The aim of this study is to examine the traditional risk management in comparison with enterprise risk management system. This study first emphasizes the emergence and features the traditional risk management systems, and enterprise risk management differences from traditional risk management system. Then the features and components of enterprise risk management system, the requirement for enterprise risk management and the importance of this system and advantages were emphasized.

297

risk , traditional risk management , enterprise risk management , enterprise risk management system

Journal Of Graduate School Of Social Sciences

316

Journal Of Graduate School Of Social Sciences