Enterprise Risk Management in Non-Profit Organization

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Author(s): Selçuk Bali (Giresun University, Turkey)and Yeter Demir Uslu (Giresun University, Turkey)
Copyright: 2017
Pages: 19
Source title: Handbook of Research on Managerial Solutions in Non-Profit Organizations
Source Author(s)/Editor(s): Vojko Potocan (University of Maribor, Slovenia), Mustafa C. Ünğan (Sakarya University, Turkey)and Zlatko Nedelko (University of Maribor, Slovenia)
DOI: 10.4018/978-1-5225-0731-4.ch004

Keywords: Business Science Reference / Government & Law / Public & Sector Management / Public and Sector Management

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Abstract

Prior studies indicate that enterprise risk management has a vital role on firm performance. Enterprise risk management system helps organizations to reach their goals by reducing uncertainty of their operating environment. In this context, this study aims to discuss and analyze the concept of enterprise risk management in non-profit organizations. The term “risk” for non-profit organizations is defined and different types of risk are examined. The significance and need of managing risk in non-profit organizations are revealed.

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