Enterprise Risk Management and Management Earnings Forecasts
References
- (2012) Enterprise risk management through strategic allocation of capital. J. Risk Insurance 79(1):29–55.Crossref, Google Scholar
- (2005) The association between outside directors, institutional investors and the properties of management earnings forecasts. J. Accounting Res. 43(3):343–376.Crossref, Google Scholar
- American Institute for Chartered Property Casualty Underwriters (AICPCU) (2020) ARM 401: Holistically Assessing Risk (AICPCU, Malvern, PA).Google Scholar
- (2009) Effective risk management outcomes: Exploring effects of innovation and capital structure. J. Strategy Management 2(4):352–379.Crossref, Google Scholar
- (2017) The dynamics of (dis)integrated risk management: A comparative field study. Accounting Organ. Soc. 62:65–81.Crossref, Google Scholar
- (2012) Corporate governance and the information environment: Evidence from state antitakeover laws. J. Accounting Econom. 53(1–2):185–204.Crossref, Google Scholar
- (2019) The economics of managerial taxes and corporate risk-taking. Accounting Rev. 94(1):1–24.Crossref, Google Scholar
- (2018) The impact of enterprise risk management on the audit process: Evidence from audit fees and audit delay. Auditing 37(3):25–46.Crossref, Google Scholar
- (2022) How much should we trust staggered difference-in-differences estimates? J. Financial Econom. 144(2):370–395.Crossref, Google Scholar
- Ball Corporation (2010) Proxy Statement, Form DEF 14A. Securities and Exchange Commission, Washington, DC.Google Scholar
- (2022) Staggeringly problematic: A primer on staggered DiD for accounting researchers. Working paper, Olin Business School, Washington University in St. Louis, St. Louis.Google Scholar
- (2013) Enterprise risk management program quality: Determinants, value relevance, and the financial crisis. Contemporary Accounting Res. 30(4):1264–1295.Crossref, Google Scholar
- (2010) ERM and its role in strategic planning and strategy execution. Fraser J, Simkins B, eds. Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives (John Wiley & Sons, Hoboken, NJ), 31–50.Google Scholar
- (2015) 2015 Report on the Current State of Enterprise Risk Oversight: Update on Trends and Opportunities (North Carolina State University, Raleigh, NC).Google Scholar
- (2020) 2020 The State of Risk Oversight: An Overview of Enterprise Risk Management Practices (North Carolina State University, Raleigh, NC).Google Scholar
- (2023) Understanding the ecosystem of enterprise risk governance. Accounting Rev. 98(5):99–128.Crossref, Google Scholar
- (2018) Enterprise risk management and the cost of capital. J. Risk Insurance 85(1):159–201. Crossref, Google Scholar
- (2019) Enterprise risk management, external financing and corporate investment. Working paper, Tippie College of Business, University of Iowa, Iowa City.Google Scholar
- (1999) Is there discretion in wage setting? A test using takeover legislation. RAND J. Econom. 30(3):535–554.Crossref, Google Scholar
- (2003) Enjoying the quiet life? Corporate governance and managerial preferences. J. Political Econom. 111(5):1043–1075.Crossref, Google Scholar
- (2019) Integration of internal control and financial statement audits: Are two audits better than one? Accounting Rev. 94(2):53–81.Crossref, Google Scholar
- (2012) Direct and mediated associations among earnings quality, information asymmetry, and the cost of equity. Accounting Rev. 87(2):449–482.Crossref, Google Scholar
- (2020) Tone from the top in risk management: A complementarity perspective on how control systems influence risk awareness. Accounting Organ. Soc. 84:101–128.Crossref, Google Scholar
- (2024) Using and interpreting fixed effects models. J. Accounting Res. 62(4):1183–1226. Crossref, Google Scholar
- (2023) Derivatives use and its consequences for management earnings forecasts. Contemporary Accounting Res. 40:2409–2445.Crossref, Google Scholar
- (2019) The effect of minimum wages on low-wage jobs. Quart. J. Econom. 134(3):1405–1454.Crossref, Google Scholar
- (2009) Information system integration, enabling control and performance. Accounting Organ. Soc. 34(2):151–169.Crossref, Google Scholar
- (2022) CFO gaps: Determinants and impact on the corporate information environment. Accounting Rev. 97(6):173–200.Crossref, Google Scholar
- (2017) Enterprise risk management and the financial reporting process: The experiences of audit committee members, CFOs, and external auditors. Contemporary Accounting Res. 34(2):1178–1209.Crossref, Google Scholar
- (1997) Management forecasts and information asymmetry: An examination of bid-ask spreads. J. Accounting Res. 35(2):181–191.Crossref, Google Scholar
- Committee of Sponsoring Organizations of the Treadway Commission (COSO) (2004) Executive Summary: Enterprise Risk Management–Integrated Framework (AICPA, Durham, NC).Google Scholar
- Committee of Sponsoring Organizations of the Treadway Commission (COSO) (2017) Enterprise Risk Management: Integrating with Strategy and Performance (AICPA, New York).Google Scholar
- Committee of Sponsoring Organizations of the Treadway Commission (COSO) (2018) Enterprise Risk Management: Applying Enterprise Risk Management to Environmental, Social and Governance-Related Risks (AICPA, New York).Google Scholar
- (2015) Singletons, cluster-robust standard errors and fixed effects: A bad mix. Technical note, Duke University, Durham, NC.Google Scholar
- Deloitte (2008) Perspectives on ERM and risk intelligent enterprise: Enterprise risk management benchmark survey. Report, Deloitte Development LLC, New York.Google Scholar
- Deloitte (2013) Global risk management survey, eighth edition: Setting a higher bar. Report, Deloitte Touche Tohmatsu Limited, New York.Google Scholar
- Deloitte (2015) Asset management: A risk-based approach—Energy and resources benchmark survey. Report, Deloitte Development LLC, New York.Google Scholar
- Deloitte (2017) Extended enterprise risk management: Driving performance through the third-party ecosystem. Report, Deloitte Touche Tohmatsu Limited, London.Google Scholar
- (2009) Earnings volatility and earnings predictability. J. Accounting Econom. 47(1–2):160–181.Crossref, Google Scholar
- (1983) The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. Amer. Sociol. Rev. 48(2):147–160.Crossref, Google Scholar
- (2013) The effect of enterprise systems implementation on the firm information environment. Contemporary Accounting Res. 30(4):1427–1461.Crossref, Google Scholar
- (2007) Accruals quality and internal control over financial reporting. Accounting Rev. 82(5):1141–1170.Crossref, Google Scholar
- (2021) Market reactions to enterprise risk management adoption, incorporation by ratings agencies, and ORSA act passage. Risk Management Insurance Rev. 24(2):151–180.Crossref, Google Scholar
- (2024) Enterprise risk management and corporate tax planning. J. Risk Insurance 91(3):529–566. Crossref, Google Scholar
- (2014) The impact of enterprise risk management on the marginal cost of reducing risk: Evidence from the insurance industry. J. Banking Finance 43:247–261.Crossref, Google Scholar
- (1999) Risk management of organizational records. Records Management J. 9(2):93–116.Crossref, Google Scholar
- (2008) Supply risk management in a small company perspective. Supply Chain Management 13(6):425–434.Crossref, Google Scholar
- (2018) Enterprise Risk Management, 2nd ed. (Malvern, PA).Google Scholar
- (2013) Stronger risk controls, lower risk: Evidence from U.S. bank holding companies. J. Finance 68(5):1757–1803.Crossref, Google Scholar
- (2013) CTC guide to enterprise risk management beyond theory: Practitioner perspectives on ERM. Report, Association for Financial Professionals / Corporate Treasurers Council, Bethesda, MD.Google Scholar
- (1996) Accounting classification and the predictive content of earnings. Accounting Rev. 71(3):337–355.Crossref, Google Scholar
- (2009) Internal control and management guidance. J. Accounting Econom. 48:190–209.Crossref, Google Scholar
- (2018) A value measure for public-sector enterprise risk management: A TSA case study. Risk Anal. (Oxford) 38(5):991–1008.Crossref, Google Scholar
- (2017) Enterprise risk management and firm performance: The Italian case. British Accounting Rev. 49(1):56–74.Crossref, Google Scholar
- (2016) The challenges of and solutions for implementing enterprise risk management. Bus. Horizons 59(6):689–698.Crossref, Google Scholar
- (1993) Risk management: Coordinating corporate investment and financing policies. J. Finance 48(5):1629–1658.Crossref, Google Scholar
- (2017) Benefits and costs of Sarbanes-Oxley Section 404 (b) exemption: Evidence from small firms’ internal control disclosures. J. Accounting Econom. 63(2–3):358–384.Crossref, Google Scholar
- (2014) Management forecast quality and capital investment decisions. Accounting Rev. 89(1):331–365.Crossref, Google Scholar
- (2015) The value of investing in enterprise risk management. J. Risk Insurance 82(2):289–316.Crossref, Google Scholar
- (2005) The economic implications of corporate financial reporting. J. Accounting Econom. 40(1–3):3–73.Crossref, Google Scholar
- (2010) Barriers to effective risk management. Seton Hall Law Rev. 40(4):Article 2.Google Scholar
- (2019) Firm-level political risk: Measurement and effects. Quart. J. Econom. 134(4):2135–2202.Crossref, Google Scholar
- (2008) Management earnings forecasts: A review and framework. Accounting Horizons 22(3):315–338.Crossref, Google Scholar
- (2002) Investment in enterprise resource planning: Business impact and productivity measures. J. Management Inform. Systems 19(1):71–98.Crossref, Google Scholar
- (2011) The value of enterprise risk management. J. Risk Insurance 78(4):795–822.Crossref, Google Scholar
- (2001) Business to Business Marketing: Creating a Community of Customers (NTC Business Books, Lincolnwood, IL).Google Scholar
- (2017) Risk-based forecasting and planning and management earnings forecasts. Rev. Accounting Stud. 22:1005–1047.Crossref, Google Scholar
- (2021) Risk management, firm reputation, and the impact of successful cyberattacks on target firms. J. Financial Econom. 139:719–749.Crossref, Google Scholar
- (1999) On the association between voluntary disclosure and earnings management. J. Accounting Res. 37(1):57–81.Crossref, Google Scholar
- (2017) Option incentives, leverage, and risk-taking. J. Corporate Finance 43:1–18.Crossref, Google Scholar
- (2017) Implementing Enterprise Risk Management: From Methods to Applications, 1st ed. (Wiley, Hoboken, NJ).Crossref, Google Scholar
- (2003) The determinants of enterprise risk management: Evidence from the appointment of chief risk officers. Risk Management Insurance Rev. 6(1):37–52.Crossref, Google Scholar
- (2018) Non-GAAP earnings disclosure in loss firms. J. Accounting Res. 56(4):1083–1137.Crossref, Google Scholar
- (2025) Enterprise risk management, risk-taking, and macroeconomic implications: Evidence from bank mortgage loan management. J. Financial Services Res. 68(1):123–152.Crossref, Google Scholar
- (2015) Why firms implement risk governance: Stepping beyond traditional risk management to enterprise risk management. J. Accounting Public Policy 34:441–466.Crossref, Google Scholar
- (2022) When good balance goes bad: A discussion of common pitfalls when using entropy balancing. J. Financial Reporting 7(1):167–196.Crossref, Google Scholar
- (2015) When one size doesn’t fit all: Evolving directions in the research and practice of enterprise risk management. J. Appl. Corporate Finance 27(1):37–40.Crossref, Google Scholar
- Monster Worldwide, Inc. (2006) Press Release: “Monster worldwide announces enterprise risk management initiative.” Factiva News Database, September 15.Google Scholar
- (2018) Enterprise risk management implementation challenges: A case study in a petrochemical supply chain. South African J. Industrial Engrg. 29(4):230–244.Google Scholar
- (2015) A case study of enterprise risk management implementation in Malaysian construction companies. Internat. J. Econom. Financial Issues 5:70–76.Google Scholar
- (2015) Measuring performance at Intuit: A value-added component in ERM programs. Fraser JRS, Simkins BJ, Narvaez K, eds. Implementing Enterprise Risk Management: Case Studies and Best Practices (John Wiley & Sons, Hoboken, NJ), 59–73.Google Scholar
- (2003) Implementing enterprise resource planning and knowledge management systems in tandem: Fostering efficiency and innovation incomplementarity. Inform. Organ. 13(1):25–52.Crossref, Google Scholar
- (2006) Enterprise risk management: Theory and practice. J. Appl. Corporate Finance 18:8–20.Crossref, Google Scholar
- Papadakis V, Barwise P, eds. (2012) Strategic Decisions (Springer Science & Business Media, New York).Google Scholar
- (1991) Expanding the scope of institutional analysis. Powell W, DiMaggio PJ, eds. The New Institutionalism in Organizational Analysis (University of Chicago Press, Chicago), 183–203.Crossref, Google Scholar
- PwC (2015) Enterprise risk management in the public sector: 2015 survey results. Report, PricewaterhouseCoopers LLP, Washington, DC.Google Scholar
- PwC (2017) Federal enterprise risk management: 2017 survey results. Report, PricewaterhouseCoopers LLP, Washington, DC.Google Scholar
- (2010) How to plan and run a risk management workshop. Fraser J, Simkins B, eds. Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives (John Wiley & Sons, Hoboken, NJ), 155–170.Google Scholar
- (2005) A time–space odyssey: Management control systems in two multinational organisations. Accounting Organ. Soc. 30(7–8):735–764.Crossref, Google Scholar
- (1996) The Loyalty Effect (Harvard Business Review Press, Boston).Google Scholar
- (2002) Does executive portfolio structure affect risk management? CEO risk-taking incentives and corporate derivative usage. J. Banking Finance 26:271–295.Crossref, Google Scholar
- (2021) Government procurement and changes in firm transparency. Accounting Rev. 96(1):401–430.Crossref, Google Scholar
- (1998) Hedging and coordinated risk management: Evidence from thrift conversions. J. Finance 53(3):979–1013.Crossref, Google Scholar
- Securities and Exchange Commission (SEC) (1975) SEC Release No. 33‑5581: Adoption of safe harbor rule for forward‑looking statements. Securities and Exchange Commission, Washington, DC, April 28.Google Scholar
- Securities and Exchange Commission (SEC) (2007) Risk management for broker-dealers. Accessed July 28, 2024, https://www.sec.gov/news/speech/2007/spch112807mag.htm.Google Scholar
- (2023) Enterprise risk management and firm operations: Evidence from inventory management. Working paper, University of North Texas, Denton, TX.Google Scholar
- (2017) Propensity score matching in accounting research. Accounting Rev. 92(1):213–244.Crossref, Google Scholar
- (2006) Equity Valuation and Analysis (McGraw-Hill, New York).Google Scholar
- (1985) The determinants of firms’ hedging policies. J. Financial Quant. Anal. (Oxford) 20:391–405.Crossref, Google Scholar
- (1996) Who manages risk? An empirical examination of risk management practices in the gold mining industry. J. Finance 51:1097–1137.Crossref, Google Scholar
- U.S. Congress (1995) Private Securities Litigation Reform Act of 1995. Pub. L. 104 67, 109 Stat. 737, enacted December 22, 1995.Google Scholar
- United States Steel Corporation (2011) Press Release: “United States Steel Corporation Implements Enterprise Risk Management Program.” Factiva News Database, February 22.Google Scholar
- (2017) The integration of ERM and strategy: Implications for corporate governance. Accounting Horizons 31(2):69–82.Crossref, Google Scholar
- (1985) Earnings volatility and voluntary management forecast disclosure. J. Accounting Res. 23(1):268–295.Crossref, Google Scholar

