Abstract
Enterprise risk management (ERM) has been used as a methodology for evaluating the risks to an organization’s achievement of its objectives. In private companies, plenty of initiatives and related works have addressed this topic, but studies in the public sector are lacking. Studying how the top managers of public sector federal universities perceive risk management can provide insight into developmental gaps in ERM and related software. This work used a survey to capture public servants’ perceptions of risk management using both quantitative and qualitative questions. The main findings can be used to inform decision making and ERM implementation as well as to promote related objectives, planned responses, efficient resource usage, error reduction, and organizational self-knowledge. The top difficulties perceived were related to lack of training, limited staff, absence of risk culture, undefined department structure, lack of interest shown by public servants, reduced budget, and low engagement of top management with ERM. Management practices such as ERM could improve public sector managers’ work performance, enabling them to provide better service to society.
Keywords
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Ministério do Planejamento Orçamento e Gestão, Controladoria Geral da União, B.: Instrução Normativa N 01/2016, Brasília, DF (2016)
Bromiley, P., McShane, M., Nair, A., Rustambekov, E.: Enterprise risk management: review, critique, and research directions. Long Range Plann. 48, 265–276 (2015)
Stein, V., Wiedemann, A.: Risk governance: conceptualization, tasks, and research agenda. J. Bus. Econ. 86, 813–836 (2016)
Hillson, D.: The Risk Management Handbook: A Practical Guide to Managing the Multiple Dimensions of Risk. KoganPage, London (2016)
Osborne, D., Gaebler, T.: Reinventing government: how the entrepreneurial spirit is transforming government. Adison Wesley, Boston (1992)
Kettl, D.F.: The Global Public Management Revolution. Brookings Institution, Washington, DC (2005)
Pollitt, C., Bouckaert, G.: Public Management Reform: A Comparative Analysis. Oxford, USA (2011)
Denhardt, R.B., Catlaw, T.J.: Theories of Public Organization. Cengage Learning, Stamford (2015)
Marini, C., Martins, H.F.: Governança Pública Contemporânea: uma tentativa de dissecação conceitual. Revista TCU (2014)
Committee of Sponsoring Organizations of the Treadway Commission - COSO: Enterprise Risk Management: Integrated Framework (2004)
International Electrotechnical Commission - IEC. International Organization for Standardization - ISO: ISO 31000. Risk Management - Principles and guidelines. (2009)
Office of Government Commerce - OGC: Management of Risk : Guidance for Practitioners. Axelos, London (2010)
Hair, J.F., Black, W.C., Babin, B.J., Anderson, R.E., Tatham, R.L.: others: Multivariate data analysis. Prentice hall, Upper Saddle River (1998)
Leung, F., Isaacs, F.: Risk management in public sector research: approach and lessons learned at a national research organization. R D Manag. 38, 510–519 (2008)
Oulasvirta, L., Anttiroiko, A.-V.: Adoption of comprehensive risk management in local government. Local Gov. Stud. 43, 451–474 (2017)
Vinnari, E., Skaebaek, P.: The uncertainties of risk management A field study on risk management internal audit practices in a finnish municipality. Account. Audit. Account. J. 27, 489–526 (2014)
Schiller, F., Prpich, G.: Learning to organise risk management in organisations: what future for enterprise risk management? J. Risk Res. 17, 999–1017 (2014)
Coetzee, P.: Contribution of internal auditing to risk management Perceptions of public sector senior management. Int. J. Publ Sect. Manag. 29, 348–364 (2016)
Acknowledgements
We would like to acknowledge the support of Fundação de Apoio à Cultura, Ensino, Pesquisa e Extensão de Alfenas – FACEPE (Support Foundation for Culture, Education, Research and Extension of Alfenas) for this project titled “Gestão de Riscos nas Universidades Federais: Elaboração de Modelo de Referência e Implantação de Sistema (Risk Management in Federal Universities: Development of a Reference Model and System Implementation).”
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2017 Springer International Publishing AG
About this paper
Cite this paper
de Freitas Alves, G., Neto, W.L., Coli, M.C., Bermejo, P.H.d.S., Sant’ Ana, T.D., Salgado, E.G. (2017). Perception of Enterprise Risk Management in Brazilian Higher Education Institutions. In: Themistocleous, M., Morabito, V. (eds) Information Systems. EMCIS 2017. Lecture Notes in Business Information Processing, vol 299. Springer, Cham. https://doi.org/10.1007/978-3-319-65930-5_40
Download citation
DOI: https://doi.org/10.1007/978-3-319-65930-5_40
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-65929-9
Online ISBN: 978-3-319-65930-5
eBook Packages: Computer ScienceComputer Science (R0)