Examining Practitioner Studies to Explore ERM and Organizational Culture

Abstract

We explore the relationship between Enterprise Risk Management (ERM) and organizational culture through a meta-analysis of practitioner studies. We ask the question: what is the relationship between ERM and organizational culture? To understand the link between ERM and organizational culture; ERM, organizational culture, and risk culture are defined and then followed by a meta-analysis of relevant practitioner studies. Ultimately we found a significant relationship in elements of risk management and organization culture, and this finding may be used to guide practitioners as well as future academic research in the area.