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2021 | OriginalPaper | Chapter

The Review and Theoretical Analysis of ERM Models: A Dynamic Capabilities Perspective

Author : Wenli Li

Published in: Proceedings of the 4th International Conference on Economic Management and Green Development

Publisher: Springer Singapore

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Abstract

Nowadays, enterprise risk management (ERM) has recently become an increasingly concerned topic in academic circles. This study intends to firstly review three ERM models: the resource-based view ERM, the “spring” model and the value-based ERM framework. These three models all incorporate dynamic capability view into enterprise risk management. Then the characteristics of these models are theoretically analyzed and compared, and the joint use of the “spring” model and the value-based ERM framework is proposed. Finally, this paper points out the potential future development of ERM.

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Metadata
Title
The Review and Theoretical Analysis of ERM Models: A Dynamic Capabilities Perspective
Author
Wenli Li
Copyright Year
2021
Publisher
Springer Singapore
Book
Proceedings of the 4th International Conference on Economic Management and Green Development

Print ISBN: 978-981-16-5358-2

Electronic ISBN: 978-981-16-5359-9

Copyright Year: 2021

DOI
https://doi.org/10.1007/978-981-16-5359-9_2

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