Rambis

Article Details

Vol. 5 No. 1 (2025): Juni

Articles

The Role of KM on the Relationship Between ERM and CA

M Matias Andika Yuwono L Lena Ellitan
04 June 2025 Vol. 5 No. 1 (2025): Juni https://doi.org/10.35912/rambis.v5i1.3719
Abstract
04 Jun 2025

Purpose: This study explores the critical role of Knowledge Management (KM) in mediating and moderating the relationship between Enterprise Risk Management (ERM) and Competitive Advantage (CA).

Methodology: This paper synthesizes existing research through a literature review of studies focusing on KM, ERM, and CA.

Result: The research reveals that KM strengthens ERM's ability to manage risk by improving decision-making processes and enhancing organizational responsiveness to risks.

Conclusions: Knowledge Management (KM) strengthens Enterprise Risk Management (ERM) and supports Corporate Advantage (CA) by improving decision-making, fostering innovation, and enhancing adaptability. KM acts as both a moderator and mediator, aligning risk strategies with business goals. As key intangible assets, KM and ERM help firms stay competitive. In high-risk sectors, integrated KM-ERM boosts responsiveness and performance, though challenges like silos and staff gaps require better communication and systems.

Limitations: The study's limitation lies in its review nature, relying on secondary data from existing literature.

Contribution: This study contributes to knowledge management, risk management, and strategic management by providing insights into how organizations can leverage KM to enhance risk management practices and gain a competitive edge. It provides practical recommendations for organizations aiming to integrate KM within their ERM strategies for better decision making and risk handling.

 

Keywords: competitive advantage Decision-Making Enterprise Risk Management Knowledge Management Strategic Management
How to Cite
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Yuwono, M. A., & Ellitan, L. (2025). The Role of KM on the Relationship Between ERM and CA. Reviu Akuntansi, Manajemen, Dan Bisnis, 5(1), 33–46. https://doi.org/10.35912/rambis.v5i1.3719
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