Identify and Extract the Main Dimensions of Enterprise Risk Management Based on Meta-Synthesis

Enterprise risk management (ERM) has emerged as a new paradigm that emphasizes a strategic, enterprise-wide focus on risks. Conceptually, ERM is a systematic approach to identifying, assessing, prioritizing and controlling risk exposures and their integral and cumulative effects throughout an organization in a coordinated, consistent manner.Given the potential impact of failure to manage risk on the performance of an organization, it might be somewhat surprising that risk and its management have become of concern to the wider business community only relatively recently. The central aim of this research is to extract and classify the components and dimensions of enterprise risk managementthrough the qualitative method of meta-synthesis.The research tools, documents and proofs are used for analysis which counts to 31 researches totally. The method of coding is based on the open coding approach. The results have shown that the identified 58 Components (codes) can be categorized in six major dimensions namely establishing the context and objective setting, identification and definition of risks, measurement and analysis of risks, risk response, information, and monitoring and review.