Research On The Relationship Between The Elements Of Enterprise Risk Management And Risk Management Performance In View Of Immunology

For enterprises, risks and benefits are two important aspects todecision-making activities. In the complicated and changing marketenvironment, enterprises, at all stages of their development, areinevitably faced with various risks, such as customer risk, competitionrisk, quality risk, marketing risk, financial risk, personnel, organizationand management risk, investment risk, etc. All kinds of these risks havebrought various negative effects and potential threats to enterprises’survival and healthy development, and hard to avoid. In order to resistthe risk, more and more enterprises have established the specialized riskmanagement system, and the investment in risk management is growingevery year.Similar to enterprises’ complex environment, human’s naturalenvironment is also complex and changing. For maintaining our healthin such an environment, we should largely thanks to our immune systemdeveloped during evolution process. It can respond external attacks in atimely manner, form a long-time memory of the known infringement,and study the unknown infringement quickly, regulate internalresources, repair damaged cells and tissues...For businesses, whether can we establish a set of "enterprise riskimmune system" in the enterprise? It should be similar as organism’simmune system, and can resist enterprise risk effectively. Based on thisidea, this paper introduces the theory of medical immunology into thefield of risk management, and revolves around the two topics such as"whether the enterprise risk management ability can be expressed asenterprise risk immunity","enterprise risk immunity enhancement of enterprise risk management performance will produce what kind ofimpact".For this purpose, this paper absorbed multi-disciplinary ideas andrelated theory, such as biological immunity theory, risk managementtheory, business management theory, organizational behavior theory,complex systems theory, etc. On the basis of a large number of nationaland foreign relevant research, using system analysis method oftransplanted immune theory to the enterprise risk management study.This paper also analyzed the characteristics of risk management systemin the aspect of its structure, properties and mechanism of action withsystem science and immunology theory. The paper used logic analysismethod to explore the function of enterprise risk management, revealedthe general rule of the inclusion; Under the perspective of immunology,structural equation model with enterprise immunity as an interveningvariable was established for studying the relationship between thefactors of enterprise risk management and risk managementperformance; This paper used SPSS and AMOS statistical analysissoftware for sample data processing, modified relationship model,testified the correlated hypotheses.Research results show that: first, the related theory of immunologycan integrate with enterprise risk management theory, many ofsignificant characteristics of immunology and relevant mechanism ofimmune system are reflected in enterprise risk management activitiesand risk management system, Accordingly this paper depicted the basicprocess of enterprise risk immune activity, put forward the concept ofenterprise risk comprehensive immune ability and its components, andbuilt the enterprise risk immune system. Second, the ascension ofenterprise risk comprehensive immune ability can improve theperformance of enterprise risk management. In enterprise riskcomprehensive immune ability, immune recognition is the beginning ofenterprise risk immune activity, excellent immune recognition ability isthe basis and important guarantee to carry out the follow-up work; Immune response is the direct handling of risk events, which directlyshows the effects of the risk immunization work, immune responseability has the most direct and significant positive influence toenterprise risk management performance; Immune learning and memoryactivities can accumulate a large number of reliable bases for immunerecognition activities, provide important support for acquiring, updating,and saving the new risk information, provide the safeguard for thecontinual effect of immune system, provide indirect support forimproving risk management for the enterprise performance. Again, allkinds of basic elements of enterprise risk management have differenteffects to enterprise risk immune ability. Among them, enterprise riskculture has the biggest influences on the enterprise risk comprehensiveimmune ability; it has significant positive influence to improve immunerecognition ability, immune response ability and immune learning andmemory ability. And employees, as focus and participants of riskimmunization activities, their risk consciousness, understanding,memory and other factors will directly affect the effects of immunerecognition and immune learning and memory activities. In addition,other aspects of quality of employees also show synthetically throughits behavior, collectively influence to enterprise risk comprehensiveimmune ability and the level of enterprise risk managementperformance; Enterprise internal environment factors, provides aplatform for enterprise risk immune ability to full play, and the overallimprovement of Enterprise internal environment also will promote otherfactors. Finally, between the causal relationship of the basic elements ofenterprise risk management and enterprise risk managementperformance, the intermediary effect of enterprise risk immune ability isvery clear. Enterprises can improve the level of enterprise riskmanagement performance by building and improving the immunesystem. What merits our special concern, in the process of pursuingimproving enterprise risk comprehensive immune ability, is the increaseof enterprise risk e immune ability level due to many influence factors, one index is not necessarily to be able to achieve our desired goals.After solving the bottleneck of restricting development of enterpriserisk comprehensive immune ability, should be more considered is howto promote the coordinated development of all kinds of influencingfactors.The research, in this paper, has important significance in theoryand practice: in the aspect of theory, it provides a new perspective tostudy risk management theory. This paper introduces the theory ofmedical immunology to study into the field of risk management, andaccording to the research methods of the complex system theory, fromthe structure, function, mechanism as well as the environment and otherseveral aspects, has carried on the detailed comparison and analysisbetween body’s immune system and enterprise risk management system,confirmed that they have a high degree of similarity, and provides abasis for the two theories come from the different areas to be confirmedand integrated. Reference to medical immunology related theory, thispaper respectively divided enterprise risk management system from twodimensions: immune category and immune function. This paperexpounded in the process of implementation of innate immunity andadaptive immunity, how enterprise risk management system use itsimmune ability including immune recognition ability, immune responseability, immune learning and memory ability. From the perspective ofimmune theory, this paper carried on the thorough analysis and researchto the basic elements of enterprise risk management system, subsystem,main functions and the important process (activities) of riskmanagement. In addition, this paper carried on organizing andclassifying the factors that running in enterprise and effecting riskmanagement performance check the relationship between―enterpriseimmune ability‖and―enterprise risk management performance‖. Theresults reveal that enterprise immune ability has important influence onthe performance of the risk management, show the necessity andimportant significance to carry out research in enterprise immune ability. In the aspect of practice, this paper provides a new train of thought forenterprise risk management. When enterprise risk managers face theenterprise risk management system, everyone wants it to be efficientand reliable like body’s immune system. Whether a set of enterprise riskimmune system which is suitable for the enterprise survival anddevelopment and has competition ability to other ones could beestablished? It is not only enterprise managers’ interest but also the mainproblem to this paper. In this paper, the research provided theory basisfor establishing risk immune system in an enterprise, and verified theactual effect of risk immune system by empirical research, and provideda support for the feasibility study of the enterprise risk immune system,developed the train of thought for transplanting some immunologicalmethods to enterprise risk management activities.