Enterprise Risk Management Increase Firm Value- An Analysis

Abstract

Companies in running their activities are faced with uncertain conditions that can affect the success or failure in achieving goals. The rapid development of the external and internal environments leads to increasingly complex business risks (Sanjaya and Linawati, 2015). To deal with existing circumstances, companies need to provide management tools tlwt can manage risks (Widjaya and Sugiarti, 2013). A good risk management will not only improve business certainty but also increase competitive advantage and firm value.