Process of Enterprise Risk Management in Public Higher Education Institutes

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Siriluk Suesat
Taweesil Koolnaphadol
Chatupol Yongsorn


This qualitative research aims to study enterprise risk management process in Public Higher Education Institutes of Ministry of Higher Education, Science, Research and Innovation (MHESI). There were 9 key informants selected purposively with expert qualification of enterprise risk management. The in-depth interview data were collected by using semi-structured interview form of enterprise risk management, and analyzed by using content analysis. The results showed that enterprise risk management processes of MHESI in 4 aspects focused on 5 components of risk management, as follows: 1) The aspect of Good governance management focusing on 1 component: governance and culture, 2) The aspect of Budgeting management focusing on 4 components: governance and culture, strategy and objective setting, performance, & review and revision, 3) The aspect of Strategic plan management focusing on 4 components: strategy and objective setting, performance, review and revision, & information, communication and reporting, and  4) The aspect of Decision Making process focusing on 3 components: governance and culture, review and revision, & information, communication and reporting.


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Suesat ส., Koolnaphadol ท., & Yongsorn จ. (2021). Process of Enterprise Risk Management in Public Higher Education Institutes. Executive Journal, 41(2), 51–62. Retrieved from
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