Rethinking Enterprise Risk Management

Halis Kıral is an associate professor at the Social Sciences University of Ankara in Turkey. He is also Head of Audit and Risk Management Department and Director of Center for Audit and Risk Management (ASBÜDRM) at the ASBU. He was a visiting scholar in Duke Center for International Development (DCID) for the 2017-2018 academic year. He has also worked in the Ministry of Finance of Turkey as a state budget expert, public finance expert, head of the department of Central Harmonization for Internal Audit, and head of the Budget Policy Department. He wrote a number of articles, books and book chapters on topics such as public finance, public financial management and control, specifically internal audit and risk management, public budgeting, and applied economics.

• Part 1: Introduction.- 1. Why Enterprise Risk Management Needs a Rethink.- Part II: The Zero Point of ERM: Risk, Uncertainty, and Risk Attitude.- 2. Conceptualizing Risk and Uncertainty in Decision-Making: A Historical Analysis.- 3. Risk Attitude: the CAPSTONE of the Enterprise Risk Management.- Part 3: Rethinking the Components of ERM.- 4. Uncertainty in Risk Definition and Its Impact on Enterprise Risk Management.- 5. Risk Assessment: Efficiency of Methods and Tools.- 6. Beyond Fight or Flight: Alternative Risk Response Strategies.- 7. Analysis of Recording, Monitoring and Reviewing Risks in Enterprise Risk Management.- Part 4: To Improve the Effectiveness of ERM.- 8. Barriers to Effective Risk Communication.- 9. Reputation Risk: Does an Increase in Reputation Risks Damage the Reputation of Risk Management?.- 10. The Nexus between Internal Control and Risk Management.- 11. A Theoretical Examination of the Overlaps and Distinctions between Risk Management and Crisis Management.- 12. Risk Management in Digital Era: Opportunities and Challenges.- Part 5: An Overview of ERM Literature.- 13. Enterprise Risk Management: A Bibliometric Review.