Document Type : Original Article
Authors
1
* PhD Student in Accounting, Department of Accounting, Faculty of Humanities, Islamic Azad University, Najafabad Branch, Najafabad, Iran
2
** Assistant Professor of Accounting, Department of Accounting, Faculty of Humanities, Islamic Azad University, Najafabad Branch, Najafabad, Iran
3
*** Assistant Professor of Accounting, Department of Accounting, Faculty of Humanities, Islamic Azad University, Najafabad Branch, Najafabad, Iran
10.30510/psi.2022.295314.1996
Abstract
According to the theoretical foundations of implementing organizational risk management by reducing income fluctuations, increases the value of the business and improves business performance. In this regard, the present study was conducted to investigate the relationship between organizational risk management implementation and business performance.
This research is applied from the point of view of purpose and from the point of view of nature and descriptive method, correlation and in terms of data collection, it is a post-event that multivariate panel regression has been used to analyze information. The economic value added formula was used to measure the business performance variable and Gordon et al. Model was used to measure the independent variable of organizational risk management. The research sample includes the selection of 112 companies between 1390 and 1397 from among the companies listed on the Tehran Stock Exchange.
The results showed that there is a positive and significant relationship between the implementation of organizational risk management and business performance and the correlation coefficient between risk management and business performance is 33% and is statistically significant and the coefficient of modeling is 77% and the results The research is in line with the theoretical foundations and the results of other researches conducted in this field (1-6).
By implementing organizational risk management, companies identify and manage potential and actual risks around the organization, reducing revenue fluctuations and increasing returns, and improving performance in an organization and enterprise.
Keywords
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