{"id":"https://openalex.org/W2974904776","doi":"https://doi.org/10.2308/jmar-52549","title":"Risk Ownership, ERM Practices, and the Role of the Finance Function","display_name":"Risk Ownership, ERM Practices, and the Role of the Finance Function","publication_year":2019,"publication_date":"2019-09-01","ids":{"openalex":"https://openalex.org/W2974904776","doi":"https://doi.org/10.2308/jmar-52549","mag":"2974904776"},"language":"en","primary_location":{"id":"doi:10.2308/jmar-52549","doi":"https://doi.org/10.2308/jmar-52549","is_oa":false,"landing_page_url":"https://doi.org/10.2308/jmar-52549","pdf_url":null,"source":{"id":"https://openalex.org/S16069442","display_name":"Journal of Management Accounting Research","issn_l":"1049-2127","issn":["1049-2127","1558-8033"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310316290","host_organization_name":"American Accounting Association","host_organization_lineage":["https://openalex.org/P4310316290"],"host_organization_lineage_names":["American Accounting Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Management Accounting Research","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5064688756","display_name":"Christopher D. Ittner","orcid":"https://orcid.org/0000-0002-5977-2115","observed_orcids":["https://orcid.org/0000-0002-5977-2115"]},"institutions":[{"id":"https://openalex.org/I79576946","display_name":"University of Pennsylvania","ror":"https://ror.org/00b30xv10","country_code":"US","type":"education","lineage":["https://openalex.org/I79576946"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Christopher D. Ittner","raw_affiliation_strings":["University of Pennsylvania"],"raw_orcid":"https://orcid.org/0000-0002-5977-2115","affiliations":[{"raw_affiliation_string":"University of Pennsylvania","institution_ids":["https://openalex.org/I79576946"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5038122644","display_name":"Daniel F. Oyon","orcid":"https://orcid.org/0009-0004-0102-6832","observed_orcids":["https://orcid.org/0009-0004-0102-6832"]},"institutions":[{"id":"https://openalex.org/I97565354","display_name":"University of Lausanne","ror":"https://ror.org/019whta54","country_code":"CH","type":"education","lineage":["https://openalex.org/I97565354"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Daniel F. Oyon","raw_affiliation_strings":["University of Lausanne"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Lausanne","institution_ids":["https://openalex.org/I97565354"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":5.0066,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.94912265,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"32","issue":"2","first_page":"159","last_page":"182"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12276","display_name":"Risk Management in Financial Firms","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12276","display_name":"Risk Management in Financial Firms","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10797","display_name":"Accounting and Organizational Management","score":0.0010000000474974513,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14465","display_name":"Leadership, Behavior, and Decision-Making Studies","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/risk-ownership","display_name":"risk ownership","score":0.8999999761581421},{"id":"https://openalex.org/keywords/enterprise-risk-management","display_name":"enterprise risk management","score":0.996999979019165},{"id":"https://openalex.org/keywords/finance-function","display_name":"finance function","score":0.859000027179718},{"id":"https://openalex.org/keywords/risk-management","display_name":"risk management","score":0.33899998664855957},{"id":"https://openalex.org/keywords/competitive-position","display_name":"competitive position","score":0.8410000205039978},{"id":"https://openalex.org/keywords/financial-risk","display_name":"financial risk","score":0.5680000185966492},{"id":"https://openalex.org/keywords/operational-risk","display_name":"operational risk","score":0.9679999947547913},{"id":"https://openalex.org/keywords/market-risk","display_name":"market risk","score":0.984000027179718}],"concepts":[{"id":"https://openalex.org/C168725872","wikidata":"https://www.wikidata.org/wiki/Q991663","display_name":"Sophistication","level":2,"score":0.9253196716308594},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.7044934034347534},{"id":"https://openalex.org/C207209096","wikidata":"https://www.wikidata.org/wiki/Q848268","display_name":"Enterprise risk management","level":3,"score":0.601539134979248},{"id":"https://openalex.org/C32896092","wikidata":"https://www.wikidata.org/wiki/Q189447","display_name":"Risk management","level":2,"score":0.5680587291717529},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4402558505535126},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.2308/jmar-52549","doi":"https://doi.org/10.2308/jmar-52549","is_oa":false,"landing_page_url":"https://doi.org/10.2308/jmar-52549","pdf_url":null,"source":{"id":"https://openalex.org/S16069442","display_name":"Journal of Management Accounting Research","issn_l":"1049-2127","issn":["1049-2127","1558-8033"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310316290","host_organization_name":"American Accounting Association","host_organization_lineage":["https://openalex.org/P4310316290"],"host_organization_lineage_names":["American Accounting Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Management Accounting Research","raw_type":"journal-article"},{"id":"pmh:oai:iris.unil.ch:iris/250039","doi":null,"is_oa":false,"landing_page_url":"https://iris.unil.ch/handle/iris/250039","pdf_url":null,"source":{"id":"https://openalex.org/S7407055444","display_name":"IRIS","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"journal article"},{"id":"pmh:oai:serval.unil.ch:BIB_E2DDD50AD71B","doi":null,"is_oa":false,"landing_page_url":"https://serval.unil.ch/notice/serval:BIB_E2DDD50AD71B","pdf_url":null,"source":{"id":"https://openalex.org/S4306401797","display_name":"SERVAL (Universit\u00e9 de Lausanne)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210093590","host_organization_name":"Swiss School of Archaeology in Greece","host_organization_lineage":["https://openalex.org/I4210093590"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Management Accounting Research","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":35,"referenced_works":["https://openalex.org/W18112494","https://openalex.org/W105146660","https://openalex.org/W1980253627","https://openalex.org/W1980521788","https://openalex.org/W1993794559","https://openalex.org/W1994749175","https://openalex.org/W1998894233","https://openalex.org/W2009771529","https://openalex.org/W2021801004","https://openalex.org/W2022838122","https://openalex.org/W2061977527","https://openalex.org/W2073574378","https://openalex.org/W2074586470","https://openalex.org/W2086169621","https://openalex.org/W2090295864","https://openalex.org/W2122578598","https://openalex.org/W2124297224","https://openalex.org/W2139191732","https://openalex.org/W2144412476","https://openalex.org/W2156094085","https://openalex.org/W2158402810","https://openalex.org/W2158477459","https://openalex.org/W2163209364","https://openalex.org/W2193063575","https://openalex.org/W2313423809","https://openalex.org/W2321401729","https://openalex.org/W2334511186","https://openalex.org/W2341518949","https://openalex.org/W2580569067","https://openalex.org/W2606939378","https://openalex.org/W2891726409","https://openalex.org/W3122086753","https://openalex.org/W3123238574","https://openalex.org/W3124544887","https://openalex.org/W3125844826"],"related_works":["https://openalex.org/W1550939042","https://openalex.org/W2950068984","https://openalex.org/W2144412476","https://openalex.org/W7166057387","https://openalex.org/W1525240880","https://openalex.org/W2945651717","https://openalex.org/W3003749214","https://openalex.org/W2912110230","https://openalex.org/W3028150540","https://openalex.org/W4205792648"],"abstract_inverted_index":{"ABSTRACT":[0],"This":[1],"study":[2],"provides":[3],"exploratory":[4],"evidence":[5],"on":[6],"the":[7,10,17,20,38,48,90],"associations":[8],"between":[9,40],"assignment":[11],"of":[12,19,95,99],"senior-level":[13],"\u201crisk":[14],"ownership\u201d":[15],"and":[16,37,44,66,79,93,102,120],"sophistication":[18,27,59],"enterprise":[21],"risk":[22,35,42,64,68,84,118,126],"management":[23,94],"(ERM)":[24],"process,":[25],"ERM":[26,49,58,77,109,139],"differences":[28,128],"in":[29,47,72],"firms":[30,73],"with":[31,62,74,80,106,133],"single":[32],"versus":[33],"multiple":[34],"owners,":[36],"relationship":[39],"CFO":[41,67],"ownership":[43,65,127],"Finance's":[45],"role":[46],"process.":[50],"Using":[51],"a":[52,96],"global,":[53],"multi-industry":[54],"survey,":[55],"we":[56],"find":[57],"positively":[60],"associated":[61,132],"broader":[63,97],"ownership.":[69],"Finance":[70],"functions":[71],"more":[75,107],"sophisticated":[76,108],"practices":[78],"CFOs":[81],"who":[82],"are":[83,129],"owners":[85],"tend":[86],"to":[87,89],"contribute":[88],"identification,":[91],"monitoring,":[92],"range":[98],"financial,":[100],"operational,":[101],"market":[103],"risks.":[104],"Firms":[105],"report":[110],"being":[111],"better":[112],"prepared":[113],"when":[114],"they":[115],"encountered":[116],"major":[117],"events":[119],"having":[121],"stronger":[122],"competitive":[123],"positions.":[124],"However,":[125],"not":[130],"directly":[131],"these":[134],"outcomes":[135],"after":[136],"controlling":[137],"for":[138],"sophistication.":[140]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":2}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2019-09-26T00:00:00"}
