Year: 2025
Type: article
Abstract: The aim of the study was to develop an enterprise risk management framework for Ethiopian commercial banks. This approach is undertaken to enhance the risk management systems and practices and foster the soundness and stability of the Ethiopian banking system. The study employed a multi-stage mixed methods research design that includes content analysis, survey study and Delphi techniques. The study established an enterprise risk management framework that comprises seventy-one constructs and seven factors. The factors include Vision, mission, core values and strategy, Risk management environment, Risk management function, Risk Management tools and process, Risk appetite and tolerance limit, Alignment and integration, and Enhanced value.
Source: Risk Management Magazine
DOI: 10.47473/2020rmm0152
Institution: University of South Africa
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4409305641
