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A Longitudinal Study of Supply Chain
Risk Management Relative to COSO’s
Enterprise Risk Management Framework
INTRODUCTION
Risk management is a critical component of strategy development and
execution, and a driver of rm success. Yet, the number of rms that apply
a systematic approach to risk management is somewhat limited (Beasley
et al. 2005; Bowling & Rieger 2005). Corporate- wide risks may be man-
aged through enterprise risk management (ERM), which establishes a
framework and set of tools for systematically managing risks, and identi-
es, assesses, and manages risks throughout the value chain (COSO 2004).
Supply chain risk management ( ...