{"id":"https://openalex.org/W4391723014","doi":"https://doi.org/10.1080/23311975.2023.2296702","title":"Enterprise risk management and cost of debt: the moderating role of crisis","display_name":"Enterprise risk management and cost of debt: the moderating role of crisis","publication_year":2024,"publication_date":"2024-02-10","ids":{"openalex":"https://openalex.org/W4391723014","doi":"https://doi.org/10.1080/23311975.2023.2296702"},"language":"en","primary_location":{"id":"doi:10.1080/23311975.2023.2296702","doi":"https://doi.org/10.1080/23311975.2023.2296702","is_oa":true,"landing_page_url":"https://doi.org/10.1080/23311975.2023.2296702","pdf_url":null,"source":{"id":"https://openalex.org/S2738076829","display_name":"Cogent Business & Management","issn_l":"2331-1975","issn":["2331-1975"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-c","cwts-core","doaj","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310311767","host_organization_name":"Cogent OA","host_organization_lineage":["https://openalex.org/P4310311767"],"host_organization_lineage_names":["Cogent OA"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Cogent Business &amp; Management","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://doi.org/10.1080/23311975.2023.2296702","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5007601241","display_name":"Wulan Rahmawati","orcid":"https://orcid.org/0009-0006-1401-4325","observed_orcids":["https://orcid.org/0009-0006-1401-4325"]},"institutions":[{"id":"https://openalex.org/I254887060","display_name":"Universitas Sumatera Utara","ror":"https://ror.org/01kknrc90","country_code":"ID","type":"education","lineage":["https://openalex.org/I254887060"]},{"id":"https://openalex.org/I29617571","display_name":"University of Indonesia","ror":"https://ror.org/0116zj450","country_code":"ID","type":"education","lineage":["https://openalex.org/I29617571"]}],"countries":["ID"],"is_corresponding":true,"raw_author_name":"Wulan Rahmawati","raw_affiliation_strings":["Department of Accounting, Faculty of Economics and Business, Universitas Indonesia, Depok, Indonesia","Department of Accounting, Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia"],"raw_orcid":"https://orcid.org/0009-0006-1401-4325","affiliations":[{"raw_affiliation_string":"Department of Accounting, Faculty of Economics and Business, Universitas Indonesia, Depok, Indonesia","institution_ids":["https://openalex.org/I29617571"]},{"raw_affiliation_string":"Department of Accounting, Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia","institution_ids":["https://openalex.org/I254887060"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5042911977","display_name":"Sylvia Veronica Siregar","orcid":"https://orcid.org/0000-0001-7729-2249","observed_orcids":["https://orcid.org/0000-0001-7729-2249"]},"institutions":[{"id":"https://openalex.org/I29617571","display_name":"University of Indonesia","ror":"https://ror.org/0116zj450","country_code":"ID","type":"education","lineage":["https://openalex.org/I29617571"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Sylvia Veronica Siregar","raw_affiliation_strings":["Department of Accounting, Faculty of Economics and Business, Universitas Indonesia, Depok, Indonesia"],"raw_orcid":"https://orcid.org/0000-0001-7729-2249","affiliations":[{"raw_affiliation_string":"Department of Accounting, Faculty of Economics and Business, Universitas Indonesia, Depok, Indonesia","institution_ids":["https://openalex.org/I29617571"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5030684520","display_name":"Elvia Rosantina Shauki","orcid":"https://orcid.org/0000-0001-7098-9377","observed_orcids":["https://orcid.org/0000-0001-7098-9377"]},"institutions":[{"id":"https://openalex.org/I29617571","display_name":"University of Indonesia","ror":"https://ror.org/0116zj450","country_code":"ID","type":"education","lineage":["https://openalex.org/I29617571"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Elvia R. Shauki","raw_affiliation_strings":["Department of Accounting, Faculty of Economics and Business, Universitas Indonesia, Depok, Indonesia"],"raw_orcid":"https://orcid.org/0000-0001-7098-9377","affiliations":[{"raw_affiliation_string":"Department of Accounting, Faculty of Economics and Business, Universitas Indonesia, Depok, Indonesia","institution_ids":["https://openalex.org/I29617571"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5005876462","display_name":"Viska Anggraita","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I29617571","display_name":"University of Indonesia","ror":"https://ror.org/0116zj450","country_code":"ID","type":"education","lineage":["https://openalex.org/I29617571"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Viska Anggraita","raw_affiliation_strings":["Department of Accounting, Faculty of Economics and Business, Universitas Indonesia, Depok, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Accounting, Faculty of Economics and Business, Universitas Indonesia, Depok, Indonesia","institution_ids":["https://openalex.org/I29617571"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5007601241"],"corresponding_institution_ids":["https://openalex.org/I254887060","https://openalex.org/I29617571"],"apc_list":{"value":950,"currency":"GBP","value_usd":1165},"apc_paid":{"value":950,"currency":"GBP","value_usd":1165},"fwci":4.9069,"has_fulltext":true,"cited_by_count":10,"citation_normalized_percentile":{"value":0.95202205,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":98},"biblio":{"volume":"11","issue":"1","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12276","display_name":"Risk Management in Financial Firms","score":0.5278000235557556,"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":0.5278000235557556,"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/T10019","display_name":"Corporate Finance and Governance","score":0.3725999891757965,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.016599999740719795,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/enterprise-risk-management","display_name":"enterprise risk management","score":0.9990000128746033},{"id":"https://openalex.org/keywords/cost-of-debt","display_name":"cost of debt","score":1.0},{"id":"https://openalex.org/keywords/covid-19","display_name":"COVID-19 pandemic","score":0.9810000061988831},{"id":"https://openalex.org/keywords/developing-countries","display_name":"developing countries","score":0.7239999771118164},{"id":"https://openalex.org/keywords/non-financial-firms","display_name":"non-financial firms","score":0.7129999995231628},{"id":"https://openalex.org/keywords/indonesia-stock-exchange","display_name":"Indonesia Stock Exchange","score":0.7749999761581421},{"id":"https://openalex.org/keywords/external-financing","display_name":"external financing","score":0.7950000166893005},{"id":"https://openalex.org/keywords/corporate-finance","display_name":"corporate finance","score":0.3059999942779541}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6454792022705078},{"id":"https://openalex.org/C2780851881","wikidata":"https://www.wikidata.org/wiki/Q1141276","display_name":"Crisis management","level":2,"score":0.5310148596763611},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.3751237392425537},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.32729318737983704},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.24064263701438904},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1080/23311975.2023.2296702","doi":"https://doi.org/10.1080/23311975.2023.2296702","is_oa":true,"landing_page_url":"https://doi.org/10.1080/23311975.2023.2296702","pdf_url":null,"source":{"id":"https://openalex.org/S2738076829","display_name":"Cogent Business & Management","issn_l":"2331-1975","issn":["2331-1975"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-c","cwts-core","doaj","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310311767","host_organization_name":"Cogent OA","host_organization_lineage":["https://openalex.org/P4310311767"],"host_organization_lineage_names":["Cogent OA"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Cogent Business &amp; Management","raw_type":"journal-article"},{"id":"pmh:oai:econstor.eu:10419/325952","doi":null,"is_oa":true,"landing_page_url":"https://hdl.handle.net/10419/325952","pdf_url":"https://www.econstor.eu/bitstream/10419/325952/1/10.1080_23311975.2023.2296702.pdf","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","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":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"doc-type:article"},{"id":"pmh:oai:RePEc:taf:oabmxx:v:11:y:2024:i:1:p:2296702","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/23311975.2023.2296702","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"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":"article"},{"id":"pmh:oai:doaj.org/article:a64648599e8e492a8ba158ea04d180c0","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/a64648599e8e492a8ba158ea04d180c0","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","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":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Cogent Business & Management, Vol 11, Iss 1 (2024)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.1080/23311975.2023.2296702","doi":"https://doi.org/10.1080/23311975.2023.2296702","is_oa":true,"landing_page_url":"https://doi.org/10.1080/23311975.2023.2296702","pdf_url":null,"source":{"id":"https://openalex.org/S2738076829","display_name":"Cogent Business & Management","issn_l":"2331-1975","issn":["2331-1975"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-c","cwts-core","doaj","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310311767","host_organization_name":"Cogent OA","host_organization_lineage":["https://openalex.org/P4310311767"],"host_organization_lineage_names":["Cogent OA"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Cogent Business &amp; Management","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","score":0.5145000219345093,"display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320323819","display_name":"Universitas Indonesia","ror":"https://ror.org/0116zj450"},{"id":"https://openalex.org/F4320337167","display_name":"Direktorat Riset and Pengembangan, Universitas Indonesia","ror":null}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4391723014.pdf","grobid_xml":"https://content.openalex.org/works/W4391723014.grobid-xml"},"referenced_works_count":53,"referenced_works":["https://openalex.org/W1561056009","https://openalex.org/W1861431327","https://openalex.org/W1980521788","https://openalex.org/W1989484473","https://openalex.org/W2010226903","https://openalex.org/W2043962431","https://openalex.org/W2086169621","https://openalex.org/W2096167588","https://openalex.org/W2122578598","https://openalex.org/W2129437934","https://openalex.org/W2138312983","https://openalex.org/W2518386131","https://openalex.org/W2526910766","https://openalex.org/W2561516266","https://openalex.org/W2587140746","https://openalex.org/W2591763003","https://openalex.org/W2594892873","https://openalex.org/W2598658003","https://openalex.org/W2714731311","https://openalex.org/W2760039654","https://openalex.org/W2780744508","https://openalex.org/W2796755256","https://openalex.org/W2888000808","https://openalex.org/W2896963427","https://openalex.org/W2898995799","https://openalex.org/W2901358924","https://openalex.org/W2911976301","https://openalex.org/W2965597228","https://openalex.org/W2997387932","https://openalex.org/W3015948226","https://openalex.org/W3017185499","https://openalex.org/W3032856638","https://openalex.org/W3033070357","https://openalex.org/W3036358213","https://openalex.org/W3080055864","https://openalex.org/W3093070113","https://openalex.org/W3096183966","https://openalex.org/W3098085745","https://openalex.org/W3110623675","https://openalex.org/W3112530542","https://openalex.org/W3121189417","https://openalex.org/W3123225941","https://openalex.org/W3124599649","https://openalex.org/W3124660375","https://openalex.org/W3126069455","https://openalex.org/W3135372943","https://openalex.org/W3160299812","https://openalex.org/W3172660645","https://openalex.org/W3214657945","https://openalex.org/W4205831412","https://openalex.org/W4368618103","https://openalex.org/W4377016074","https://openalex.org/W4381790166"],"related_works":["https://openalex.org/W7124228946","https://openalex.org/W7000197358","https://openalex.org/W4386781726","https://openalex.org/W4367396528","https://openalex.org/W7028253174","https://openalex.org/W7213263941","https://openalex.org/W3192456922","https://openalex.org/W4397293639","https://openalex.org/W4210682402","https://openalex.org/W4396957419"],"abstract_inverted_index":{"This":[0],"study":[1,63,128,157],"aims":[2],"to":[3,35,132,162],"investigate":[4],"the":[5,16,23,27,37,51,56,66,83,93,112,121,124,130,134,149,160,167,170,178],"relationship":[6,136],"between":[7,40,85,137,169],"enterprise":[8,138],"risk":[9,70,139],"management":[10,71,140],"and":[11,108,141,173],"cost":[12,76,145],"of":[13,18,26,58,68,77,115,123,146,151,166,180],"debt":[14,78,147],"in":[15,148,177],"context":[17,150,179],"developing":[19,152,181],"countries":[20],"by":[21,80],"considering":[22],"moderating":[24],"role":[25],"COVID-19":[28,94,171],"pandemic":[29,172],"crisis":[30],"period":[31,57],"which":[32],"is":[33,72,129,158],"suspected":[34],"strengthen":[36],"negative":[38],"association":[39,84],"these":[41,86,174],"two":[42,87,175],"variables.":[43],"Using":[44],"310":[45],"non-financial":[46],"sector":[47],"companies":[48],"listed":[49],"on":[50],"Indonesia":[52],"Stock":[53],"Exchange":[54],"for":[55],"2018\u20132021":[59],"as":[60],"samples,":[61],"this":[62,127,156],"found":[64],"that":[65],"implementation":[67],"effective":[69],"associated":[73],"with":[74,104],"lower":[75],"charged":[79],"lenders.":[81],"However,":[82],"variables":[88,176],"was":[89],"not":[90],"visible":[91],"during":[92],"crisis.":[95],"These":[96],"results":[97],"are":[98,118],"robust":[99],"when":[100],"sub-sample":[101],"tests,":[102],"assessment":[103],"alternative":[105],"ERM":[106],"measurements,":[107],"sensitivity":[109],"test":[110],"using":[111],"generalized":[113],"method":[114],"moments":[116],"(GMM)":[117],"performed.":[119],"To":[120],"best":[122],"authors\u2019":[125],"knowledge,":[126],"first":[131,161],"address":[133],"direct":[135],"external":[142],"funding,":[143],"especially":[144],"countries.":[153],"In":[154],"addition,":[155],"also":[159],"provide":[163],"empirical":[164],"evidence":[165],"correlation":[168],"countries,":[182],"specifically":[183],"Indonesia.":[184]},"counts_by_year":[{"year":2026,"cited_by_count":5},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":2}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2024-02-11T00:00:00"}
