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ISO 31000:2009 Enterprise and
Supply Chain Risk Management:
A Longitudinal Study
INTRODUCTION
Enterprise risk management (ERM) has been identied as a key strategic
issue for business (Wu et al. 2011). ERM presents a systematic approach
for managing corporate risks and is a driver of company success (Hoyt &
Liebenberg 2011; Smithson & Simkins 2005). However, adoption of ERM
is not widespread (Beasley et al. 2005). ISO 31000:2009 is intended to sup-
port rms in their development and implementation of ERM strategy,
structure, and process. Supply chain risk management (SCRM) has also
taken on an increased importance for rms, particularly as g ...