DEVELOPING A RESEARCH MODEL ON THE IMPACT OF ENTERPRISE RISK MANAGEMENT ON FIRM PERFORMANCE: THE MODERATING ROLE OF KNOWLEDGE MANAGEMENT SYSTEMS

Abstract

This study investigates the relationship between enterprise risk management (ERM) and firm performance (FP), with particular attention to the moderating role of knowledge management systems (KMS). Using the Grounded Theory (GT) approach, data were collected through expert interviews and analyzed via open, axial, and selective coding procedures. The findings suggest that ERM can be conceptualized as a dynamic capability that positively contributes to firm performance, while KMS plays a crucial role in strengthening this effect. By integrating the Resource-Based View (RBV) and Dynamic Capabilities Theory, the study develops a conceptual model that provides a foundation for future empirical research.