20.500.12556/DKUM-95067 Systematic risk management practices and improved risk culture in Slovenian non-financial corporations a SEM Approach There is limited empirical evidence on how the risk management process is implemented in non-financial corporations, resulting in an incomplete understanding—particularly in post-transitional economies such as Slovenia. Using Structural Equation Modeling on data collected from Slovenian non-financial corporations in 2023, we find that a well-structured risk management process positively influences the adoption of advanced risk management methods and practices. This, in turn, significantly reduces challenges associated with risk management, enhances its overall effectiveness, and directly contributes to corporate value creation. These findings highlight the strategic importance of risk management as an essential component of organizational governance. risk management risk culture risk metrics corporate value structural equation modeling (SEM) approach Slovenia true false true Angleški jezik Angleški jezik Znanstveno delo 2025-09-03 13:57:23 2025-09-03 13:57:23 2025-09-04 03:32:41 0000-00-00 00:00:00 2025 0 0 str. 2-12 no. 3 Vol. 30 2025 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 2025-02-26 2025-08-28 005.4 247548163 10.31083/JEEMS46113 1862-0019 https://www.imrpress.com/journal/JEEMS/30/3/10.31083/JEEMS46113 1 28a20dec-88bd-11f0-82a8-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=197480 RAZ_Jagric_Timotej_2025.pdf RAZ_Jagric_Timotej_2025.pdf 1 3794504A5239FC5C2849FBACD034F7BF dc8d5933dde91b1119ff5c6288bc5139062740c068130e082d58869bf98e790e 5a91ea2e-88bd-11f0-82a8-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=197481 Ekonomsko-poslovna fakulteta 0 0 0