Broadleaf Capital International is a specialist risk management consultancy. Our expert team brings decades of experience, leading methods and a deep understanding of uncertainty and how it can be understood and managed. We operate around the world.
The agency is a government department charged with supporting agriculture as well as regulation, disaster planning and recovery. The agency wanted to identify threats and opportunities associated with climate change to help it develop strategic and business plans. A qualitative risk assessment was undertaken in two stages. This case study illustrates the use of iterative analysis to cope with the complexity of climate change scenarios.
We have just completed a substantial review of literature relating to enterprise risk management (ERM) and how it influences firm performance and value. It examined 212 papers, covering financial and non-financial firms across many jurisdictions and cultures. Of the 285 findings, 194 (68%) showed a positive relationship between ERM and firm performance, with only 13 findings (4.5%), from 11 papers, showing a negative relationship. The full review is available.
This review investigates the claims that better enterprise risk management (ERM) enhances organisational value. It examined 212 papers, covering financial and non-financial firms across many jurisdictions and cultures. Of the 285 findings, 194 (68%) showed a positive relationship between ERM and firm value, with only 13 findings (4.5%), from 11 papers, showing a negative relationship. The review concludes that: there is generally a strong positive relationship between ERM implementation and value, across a wide range of contexts; there are many confounding factors that affect the exact form and strength of the relationship between ERM and value; and there are limited but consistent indications that the relationship is causal, with sound ERM implementation leading to enhanced firm value.