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


ERM

Cite Term


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https://payrollheaven.com/define/enterprise-risk-management/
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.