Towards a Value-based Method for Risk Assessment in Supply Chain Operations

Lingzhe Liu and Hennie Daniels

ERIM Report Series Research in Management from Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam

Abstract: This paper proposes a risk assessment framework as a research road-map, with the aim of developing a protocol that integrates the risk management requirements from the perspectives of the business and the government. We take the viewpoint of value modeling and interpret the risk management problem as a control problem. Four steps of risk assessment are identified in the framework, forming the risk management cycle.

Keywords: auditing; controlling system; risk assessment; value modeling (search for similar items in EconPapers)
JEL-codes: L15 M O32 (search for similar items in EconPapers)
Date: 2011-05-30
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Persistent link: https://EconPapers.repec.org/RePEc:ems:eureri:23492

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