Jabbour, M. orcid.org/0000-0002-7078-5726 and Abdel-Kader, M. (2015) Changes in capital allocation practices – ERM and organisational change. Accounting Forum, 39 (4). pp. 295-311. ISSN 0155-9982
Abstract
This paper aims to study changes in capital allocation routines following the introduction of a new risk management system, enterprise risk management (ERM). Based on an institutional framework and empirical evidence from multiple sources in a large UK insurance company, we evaluated the extent and nature of organisational change. ERM was seen as an external driver to the change in the existing routines, which in turn led to internal changes in new capital allocation routines. The change was extreme, which signifies that existing capital allocation routines were not strong enough to deal with ERM as a key driver of change.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2016 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/). |
Keywords: | Capital allocation; Enterprise risk management (ERM); Institutional theory; Insurance; Risk management change |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 02 Nov 2016 12:12 |
Last Modified: | 02 Nov 2016 12:27 |
Published Version: | http://dx.doi.org/10.1016/j.accfor.2015.08.001 |
Status: | Published |
Publisher: | Elsevier |
Refereed: | Yes |
Identification Number: | 10.1016/j.accfor.2015.08.001 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:106417 |