Abstract
This chapter includes an empirical study aimed at exploring the effect of business strategy and stock market listing on the use of risk assessment tools. The study is based on a sample of large manufacturing firms. First, drawing from academic literature, the chapter provides an overview of risk management, regarded as the set of principles, frameworks and processes for managing risk, and considered as a critical aspect of MCS. Then, following a congruence approach as a form of contingency fit, research hypotheses are developed, focusing on two separate relationships: the relationship between business strategy and the use of risk assessment tools and the relationship between stock market listing and the use of risk assessment tools. Results reveal that the use (and the perceived usefulness) of risk assessment tools are not affected by business strategy, while an association is found between the use of risk assessment tools (and the perceived usefulness of risk maps) and stock market listing.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
