Developing Business Risk Resilience through Risk Management Infrastructure: The Moderating Role of Big Data Analytics

This article evaluates how firms are able to enhance the effectiveness of their Risk Management Infrastructure (RMI) by using Big Data Analytics (BDA) to improve their risk resilience capability. A theoretical model is developed and the corresponding hypothesis is tested through a survey instrument and quantitative analysis. The results show that if firms adopt BDA capabilities then it positively moderates the impact of RMI on risk resilience, improving the effectiveness of a risk management infrastructure.