Jurdi, Doureige J.; AlGhnaimat, Sam M. - In: Journal of risk and financial management : JRFM 14 (2021) 11, pp. 1-17
We investigate the effects of adopting enterprise risk management (ERM) on the performance and risks of European … show that ERM adopters effectively reduce firm total and systematic risks and, to a greater extent, idiosyncratic risk …. Firm-level variables such as size, leverage, dividend payments events, and diversification impact firm total risk. Insurers …