Enterprise Risk Management Maturity and Organisational Ambidexterity: Evidence From German Mittelstand Firms

Thomas M. Brunner‐Kirchmair and Martin R. W. Hiebl

Accounting and Finance, 2025, vol. 65, issue 3, 2753-2777

Abstract: Enterprise risk management (ERM) may help firms balance tensions between explorative and exploitative innovation, thus achieving organisational ambidexterity. However, this potential effect has not yet been empirically examined by prior research. Drawing on a survey of privately held German Mittelstand firms and quantitative analyses, we analyse the effect of ERM maturity on organisational ambidexterity. We find that ERM maturity is related to higher exploitation but not to organisational ambidexterity. Our findings also suggest that ERM maturity particularly fosters exploitation in smaller firms and organisational ambidexterity in family firms.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/acfi.70017

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:acctfi:v:65:y:2025:i:3:p:2753-2777

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0810-5391

Access Statistics for this article

Accounting and Finance is currently edited by Robert Faff

More articles in Accounting and Finance from Accounting and Finance Association of Australia and New Zealand Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().