Enterprise Risk Management Best Practices for Improvement Financial Performance in Manufacturing SMEs in Cameroon

Authors

  • Mbiki Mamai Wuhan University of Technology
  • Song Yinghua Wuhan University of Technology

DOI:

https://doi.org/10.17722/ijme.v8i3.901

Keywords:

Risk Management best practices, Financial Performance, Manufacturing SMEs

Abstract

The aim of this study is to determine the relationship between the best practices and the financial performance among 86 manufacturing small and medium enterprises in Cameroon. To achieve this objective, we will carry out a Multivariate Analysis; and the results based on correlation analysis highlight a positive and significant impact of risk culture on financial performance of these enterprises and also show that the independence of the board of directors by itself is not sufficient to increase the firm’s performance.

Published

2017-04-30

How to Cite

MamaiM., & YinghuaS. (2017). Enterprise Risk Management Best Practices for Improvement Financial Performance in Manufacturing SMEs in Cameroon. International Journal of Management Excellence, 8(3), 1004-1012. https://doi.org/10.17722/ijme.v8i3.901