Title: The effect of enterprise risk management and sustainability reporting quality on performance: evidence from Southeast Asia countries

Authors: Shifana Fitriana; Ratna Wardhani

Addresses: Accounting Department, Faculty of Economics and Business, Universitas Indonesia, Indonesia ' Accounting Department, Faculty of Economics and Business, Universitas Indonesia, Indonesia

Abstract: This study aims to examine the effect of enterprise risk management (ERM) and sustainability reporting quality on firms' performance. This study argues that ERM is a risk management process that focuses on internal risk. On the other hand, companies also need to manage risks arise from externals, such as social and environmental risks. This study uses 734 observations from 324 non-financial listed companies in Indonesia, Singapore, Malaysia, Thailand, and the Philippines during 2013-2018. The results show that ERM and sustainability reporting quality positively affect ROA. This evidence implies that companies need to manage internal and external risks to improve performance.

Keywords: enterprise risk management; ERM; sustainability reporting; return on assets; ROA; South East Asia.

DOI: 10.1504/IJEPEE.2020.109588

International Journal of Economic Policy in Emerging Economies, 2020 Vol.13 No.4, pp.344 - 355

Received: 25 Jul 2019
Accepted: 02 Dec 2019

Published online: 09 Sep 2020 *

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