Enterprise Risk Management

Business, Legal & Accounting Glossary

Definition: Enterprise Risk Management

Quick Summary of Enterprise Risk Management

Enterprise Risk Management or ERM is a discipline where a firm assesses, controls, finances, and monitors risks from all sources to increase the firm’s short and long term value to its stakeholders. ERM provides of framework for risk management which identifies specific events or circumstances relevant to the firm’s risks and opportunities and assess them in terms of likelihood and magnitude of impact.

Synonyms For Enterprise Risk Management


Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Enterprise Risk Management. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 21, 2021 https://payrollheaven.com/define/enterprise-risk-management/.
Chicago Manual of Style (CMS):
Enterprise Risk Management. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/enterprise-risk-management/ (accessed: September 21, 2021).
American Psychological Association (APA):
Enterprise Risk Management. PayrollHeaven.com. Retrieved September 21, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/enterprise-risk-management/

Definition Sources

Definitions for Enterprise Risk Management are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.