Jassem, Suaad (2022) Influence of internal audit functions on enterprise risk management: Evidence from Malaysian transportation industry. International Journal of Business Excellence, 26 (2). 196 – 223. ISSN 1756-0047, DOI https://doi.org/10.1504/IJBEX.2022.121583.
Full text not available from this repository.Abstract
This study investigates the impact of core and legitimate functions of internal auditors defined by the Institute of Internal Auditors Position Paper 2009 on the five enterprise risk management components defined by the updated Enterprise Risk Management Framework 2017 declared by the Committee of Sponsoring Organizations. It also examines whether presence of a chief risk officer influences the above relationships. The analysis is based on data obtained from the transportation sector in Malaysia. The results suggest that internal auditors perform 70 of their core roles in enterprise risk management and 65 of legitimate roles, while they are also performing about 50 of prohibitive roles in enterprise risk management. Chief risk officer has non-significant influence except for two enterprise risk management components. Finally, linear regression analysis indicates significant influence of core and legitimate functions of internal auditors on four out of five enterprise risk components. Copyright © 2022 Inderscience Enterprises Ltd.
| Item Type: | Article |
|---|---|
| Funders: | UNSPECIFIED |
| Uncontrolled Keywords: | Chief risk officer; COSO framework; CRO; Enterprise risk management; ERM; IIA position paper; Internal audit function |
| Subjects: | H Social Sciences > HF Commerce > Business > Accounting. Bookkeeping |
| Divisions: | Faculty of Business and Economics > Department of Accounting |
| Depositing User: | Ms. Juhaida Abd Rahim |
| Date Deposited: | 04 Nov 2025 00:55 |
| Last Modified: | 04 Nov 2025 00:55 |
| URI: | http://eprints.um.edu.my/id/eprint/43324 |
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