@article{8c0a9940fcff41b385cb051b50c471b8,
title = "Exploring the oversight of risk management in UK higher education institutions: the case of audit committees",
abstract = "We explore how audit committees (ACs) oversee risk management in UK Higher Education Institutions (HEIs), using semi-structured interviews, attendance at AC meetings and documentary analysis. We find that the AC{\textquoteright}s oversight seems constrained by a fixation on the process of risk management, an over-reliance on risk registers, and varying levels of emphasis on operational risks. Theoretically, the AC{\textquoteright}s oversight reflects different shades of symbolic and substantive activities designed to maintain the HEI{\textquoteright}s legitimacy and that of its governing board, hence providing a symbolic representation. We raise concerns as to the AC{\textquoteright}s ability to monitor effectively the HEIs{\textquoteright} risk management practices.",
keywords = "Audit committee, governance, higher education, risk management",
author = "Teerooven Soobaroyen and Ntim, \{Collins G.\} and Broad, \{Martin J.\} and Dila Agrizzi and Krishanti Vithana",
year = "2019",
month = oct,
day = "2",
doi = "10.1080/01559982.2019.1605872",
language = "English",
volume = "43",
pages = "404--425",
journal = "Accounting Forum",
issn = "0155-9982",
publisher = "Taylor \& Francis",
number = "4",
}