The Important New Management Discipline of the 21st Century and Its Applications for TSE Limited Companies - Article Example

The proposed project is based on extensive research in the concept of Enterprise Risk Management which will focus on providing important information regarding the evolution of ERM and its importance, various risks faced by businesses and different risk management techniques which companies can implement to mitigate the extent of their risk exposures. From the literary discussion on ERM, a case will be developed where possible applications of ERM will be assessed with respect to the companies listed of Tallinn Stock Exchange (TSE).

Different industry groups will be examined and recommendations will be put forward for implementation of effective and efficient ERM framework in companies. The research will seek out important information from both primary and secondary sources. For primary research, a survey questionnaire (Badke) will be prepared to inquire from companies’ risk managers to comment and elaborate on risk issues facing their companies and ERM techniques they have implemented. Furthermore, secondary research from a collection of journals, articles, periodicals, books and credible internet sources will be carried out to form the basis of background to the context of the research, literature review, research methodologies and information pertaining to the companies under review.