The relationship between the chief risk officer and the level of implementation of enterprise risk management with moderating effect of internal audit among Malaysian public listed companies / Hanis Aqilah Zamri

Enterprise Risk Management has been receiving lots of attention from the company as well as various groups of potential stakeholders recently. Most of the Public Listed Companies in Malaysia had acknowledged the importance of Enterprise Risk Management in creating values to the company. This is because Enterprise Risk Management had provided framework which can be adopted by the company in analyzing and mitigating the potential risks that they might encounter in the future. The company was said to adopt Enterprise Risk Management framework within their company when they made an announcement on the appointment of Chief Risk Officer publicly. By having a Chief Risk Officer in the company, the company would be able to have guidance required on the implementation of the Enterprise Risk Management framework that suits the organizational structure of the company. The objective of this study is to seek the effects of Chief Risk Officer in enhancing the level of Enterprise Risk Management implemented among the Malaysian Public Listed Companies with the moderating effect of internal audit. In this study, 150 out of 175 respondents had participated in answering the questionnaires that had been distributed to the risk management department in the Public Listed Companies in Malaysia. Based on the findings, it could be concluded that there is a significant relationship between Chief Risk Officer and the level of level of Enterprise Risk Management implemented among the Malaysian Public Listed Companies with the moderating effect of internal audit.