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- Title
Linking Balanced Scorecard and COSO ERM in Thai Companies.
- Authors
Wisutteewong, Gullanut; Rompho, Nopadol
- Abstract
This study investigates the relationship between successful Balanced Scorecard (BSC) and successful COSO Enterprise Risk Management (ERM) in Thai listed companies. Data were collected from a mailed survey. Targeted respondents were corporate strategic planning managers or others who held a similar position of the Stock Exchange of Thailand (SET) listed companies, which applied both BSC and COSO ERM. Result shows a significant positive relationship between a successful BSC and an effective COSO ERM. It can be implied that the combined approach of these management tools should be taken into consideration in order to realize full benefits.
- Subjects
BALANCED scorecard; RISK management in business; INDUSTRIAL management; BUSINESS success; STOCK Exchange of Thailand (Company)
- Publication
Journal of Management Policy & Practice, 2015, Vol 16, Issue 2, p127
- ISSN
1913-8067
- Publication type
Article