Levers of Control and Enterprise Risk Management: A Conceptual Study of the Business Strategy and Financial Performance of State-Owned Enterprises
- DOI
- 10.2991/aebmr.k.201212.011How to use a DOI?
- Keywords
- Contingency, ERM, MCS, Performance
- Abstract
Business management is no longer centered on individual ownership, but becomes a division of roles or collaboration or mutual cooperation. It takes a system that can carry out this role that can be carried out by all members of the organization. Management control system (MCS) and company risk management (ERM) are systems that theoretically and empirically support each other in influencing performance, because they involve all levels of management in the company. The operation of both systems will depend on external and internal conditions. It is necessary to study the influence of contingent factors so that a contingency approach is used to analyze its role business strategy is indicated to affect the effectiveness of MCS and ERM through analysis of misfits that have an impact on financial performance. It is hoped that this conceptual framework can be used to capture the phenomenon of the problem of State-Owned Enterprises in Indonesia as a result of the COVID-19 pandemic in terms of management accounting and corporate risk management so that SOEs with their characteristics can carry out their operations effectively.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - I Made Pradana Adiputra AU - Desak Nyoman Sri Werastuti AU - Ni Kadek Sinarwati AU - Made Denny Oktariyana PY - 2020 DA - 2020/12/14 TI - Levers of Control and Enterprise Risk Management: A Conceptual Study of the Business Strategy and Financial Performance of State-Owned Enterprises BT - Proceedings of the 5th International Conference on Tourism, Economics, Accounting, Management and Social Science (TEAMS 2020) PB - Atlantis Press SP - 80 EP - 88 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201212.011 DO - 10.2991/aebmr.k.201212.011 ID - Adiputra2020 ER -