A moderating role of board characteristics on the effect of antecedents on the stage of enterprise risk management implementation

Enterprise Risk Management (ERM) has become an important issue of increasing attention among the business community throughout the world. However, the concept is still relatively new among Nigerian companies and little is known about why many organizations are not fully implementing it. The main ob...

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Main Author:	Dabari, Ishaya John
Format:	Thesis
Language:	eng eng
Published:	2016
Subjects:	HD61 Risk Management
Online Access:	https://etd.uum.edu.my/7741/1/s94951_01.pdf https://etd.uum.edu.my/7741/2/s94951_02.pdf
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id	my-uum-etd.7741
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Saidin, Siti Zabedah
topic	HD61 Risk Management
spellingShingle	HD61 Risk Management Dabari, Ishaya John A moderating role of board characteristics on the effect of antecedents on the stage of enterprise risk management implementation
description	Enterprise Risk Management (ERM) has become an important issue of increasing attention among the business community throughout the world. However, the concept is still relatively new among Nigerian companies and little is known about why many organizations are not fully implementing it. The main objective of this study is to examine the current state of ERM practices and the stage of its implementation in the Nigerian banking sector. The study further examined the effect of the antecedents on the stage of ERM implementation, and evaluated the moderating effect of board characteristics on the relationship between antecedents and the stage of ERM implementation. The study used a survey approach to collect cross-sectional data across 361branches and the headquarters of the 21 Nigerian commercial banks using 722 respondents. The response rate is 60 percent. Logistic Regression Model was used for data analysis. The finding revealed that there is an ERM complete in place in majority of the banks. Furthermore, the finding showed that internal audit effectiveness, human resource competency and top management commitment effect significant influence on the stage of ERM implementation while regulatory influence had partial effect. Likewise, there is a moderating effect of board characteristics on internal audit effectiveness and the stage of ERM implementation. The finding has a policy implication for the Board of Directors to improve their oversight functions and the regulatory authorities to entrench risk based supervision in all the Nigerian banks. Nevertheless, the study has limitation in terms of power of prediction with respect to measurement scale of the dependent variable and the respondents. Future research is therefore needed to evaluate the effectiveness of ERM process using a more robust scale and top management as respondents. Therefore, a clarion call is made to introduce an ERM practices across all the Nigerian companies irrespective of their status.
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Dabari, Ishaya John
author_facet	Dabari, Ishaya John
author_sort	Dabari, Ishaya John
title	A moderating role of board characteristics on the effect of antecedents on the stage of enterprise risk management implementation
title_short	A moderating role of board characteristics on the effect of antecedents on the stage of enterprise risk management implementation
title_full	A moderating role of board characteristics on the effect of antecedents on the stage of enterprise risk management implementation
title_fullStr	A moderating role of board characteristics on the effect of antecedents on the stage of enterprise risk management implementation
title_full_unstemmed	A moderating role of board characteristics on the effect of antecedents on the stage of enterprise risk management implementation
title_sort	moderating role of board characteristics on the effect of antecedents on the stage of enterprise risk management implementation
granting_institution	Universiti Utara Malaysia
granting_department	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate	2016
url	https://etd.uum.edu.my/7741/1/s94951_01.pdf https://etd.uum.edu.my/7741/2/s94951_02.pdf
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spelling	my-uum-etd.77412021-04-05T02:10:29Z A moderating role of board characteristics on the effect of antecedents on the stage of enterprise risk management implementation 2016 Dabari, Ishaya John Saidin, Siti Zabedah Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Intan Safinaz School of Accountancy (TISSA) HD61 Risk Management Enterprise Risk Management (ERM) has become an important issue of increasing attention among the business community throughout the world. However, the concept is still relatively new among Nigerian companies and little is known about why many organizations are not fully implementing it. The main objective of this study is to examine the current state of ERM practices and the stage of its implementation in the Nigerian banking sector. The study further examined the effect of the antecedents on the stage of ERM implementation, and evaluated the moderating effect of board characteristics on the relationship between antecedents and the stage of ERM implementation. The study used a survey approach to collect cross-sectional data across 361branches and the headquarters of the 21 Nigerian commercial banks using 722 respondents. The response rate is 60 percent. Logistic Regression Model was used for data analysis. The finding revealed that there is an ERM complete in place in majority of the banks. Furthermore, the finding showed that internal audit effectiveness, human resource competency and top management commitment effect significant influence on the stage of ERM implementation while regulatory influence had partial effect. Likewise, there is a moderating effect of board characteristics on internal audit effectiveness and the stage of ERM implementation. The finding has a policy implication for the Board of Directors to improve their oversight functions and the regulatory authorities to entrench risk based supervision in all the Nigerian banks. Nevertheless, the study has limitation in terms of power of prediction with respect to measurement scale of the dependent variable and the respondents. Future research is therefore needed to evaluate the effectiveness of ERM process using a more robust scale and top management as respondents. Therefore, a clarion call is made to introduce an ERM practices across all the Nigerian companies irrespective of their status. 2016 Thesis https://etd.uum.edu.my/7741/ https://etd.uum.edu.my/7741/1/s94951_01.pdf text eng public https://etd.uum.edu.my/7741/2/s94951_02.pdf text eng public https://sierra.uum.edu.my/record=b1698800~S1 Ph.D. doctoral Universiti Utara Malaysia Abdi, H. (2003). Partial Least Squares Regression (PLS-regression). Encyclopaedia for Research Methods for the Social Sciences. 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