Environmental Risk Management (ERM) Through a Kaleidoscope Theoretical Approach

  • Maurizio CisiEmail author
  • Laura Corazza
  • Ilaria Ciliberti


This paper explores the environmental risks within the institutional, the business management and the stakeholders’ dimensions through a critical qualitative approach. The research is carried out studying more than 100 articles and taking into consideration the weight of the leading management theories in the academic field, their primary aspects and how they serve to approach environmental risk management. The results are obtained through a systematic literature review, also from a theoretical didactic perspective.

The outcome of this paper evaluates the theoretical impact and the conditions of the various management theories on the topic of ERM. The result provides directions for the application of different management theories and the multidisciplinary aspect of environmental risk management.


Environmental risk management Management theories Stakeholders Institutional theories 

JEL classifications

G39 other corporate finance and governance M19 other business administration Q59 other environmental economics 


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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Maurizio Cisi
    • 1
    Email author
  • Laura Corazza
    • 1
  • Ilaria Ciliberti
    • 2
  1. 1.Department of ManagementUniversity of TorinoTurinItaly
  2. 2.University of TorinoTurinItaly

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