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Enterprise risk management in the bus market of the city of São Paulo

Enterprise risk management in the bus market of the city of São Paulo PurposeThe purpose of this paper is to analyze the identification, evaluation and treatment of risks, as well as the appetite and corporate maturity in relation to enterprise risk management in the urban bus market of the city of São Paulo, Brazil.Design/methodology/approachA qualitative case study was formulated in two stages: the first one includes an interview with a bus market specialist and the second stage comprehends eight interviews with executives from bus chassis and coachwork manufacturers and bus fleet operators of this market.FindingsThe results show that larger companies tend to manage their risks in a more structured way when compared with smaller ones, although there are some exceptions. The most critical risks evaluated concerns to the political type followed by the economic/financial, strategic, environmental, social, operational, technological, image and ethical types; and the risk appetites are generally consistent with the risks criticality level.Practical implicationsThis case study of an important sector in the economy can be emblematic for the adoption of good practices of risk management by managers.Originality/valueRisk appetites are generally consistent with criticality and the main forms of treatment are to reduce, share and follow, linked to participation in representative associations. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Benchmarking: An International Journal Emerald Publishing

Enterprise risk management in the bus market of the city of São Paulo

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1463-5771
DOI
10.1108/BIJ-03-2018-0053
Publisher site
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Abstract

PurposeThe purpose of this paper is to analyze the identification, evaluation and treatment of risks, as well as the appetite and corporate maturity in relation to enterprise risk management in the urban bus market of the city of São Paulo, Brazil.Design/methodology/approachA qualitative case study was formulated in two stages: the first one includes an interview with a bus market specialist and the second stage comprehends eight interviews with executives from bus chassis and coachwork manufacturers and bus fleet operators of this market.FindingsThe results show that larger companies tend to manage their risks in a more structured way when compared with smaller ones, although there are some exceptions. The most critical risks evaluated concerns to the political type followed by the economic/financial, strategic, environmental, social, operational, technological, image and ethical types; and the risk appetites are generally consistent with the risks criticality level.Practical implicationsThis case study of an important sector in the economy can be emblematic for the adoption of good practices of risk management by managers.Originality/valueRisk appetites are generally consistent with criticality and the main forms of treatment are to reduce, share and follow, linked to participation in representative associations.

Journal

Benchmarking: An International Journal – Emerald Publishing

Published: Nov 29, 2018

References

  • Bus network structure and mobility pattern: a monocentric analytical approach on a grid street layout
  • Supply chain risk management research agenda: from a literature review to a call for future research directions
  • Enterprise risk management: an empirical analysis of factors associated with the extent of implementation
  • Supply chain risk management (SCRM): a case study on the automotive and electronic industries in Brazil
  • Case research in marketing: opportunities, problems, and a process
  • Analyzing the role of risk awareness in enterprise risk management