Risk Awareness And Corporate Governance

Author : Brian Coyle
Publisher : Global Professional Publishi
Page : 292 pages
File Size : 44,6 Mb
Release : 2004
Category : Bank management
ISBN : 1845160622

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Risk Awareness and Corporate Governance by Brian Coyle Pdf

* Up to date and detailed * With the collapses of Enron and WorldCom, this has become a hot topic * Related specifically to banking and finance Revelations about Enron and WorldCom have raised huge concerns over the viability or plain lack of will among some major corporations to exercise proper governance of their exposure to risk, financial reporting and other corporate activities. This manual is an advanced guide to the principles of risk awareness and management and provides an analysis of the requirements of corporate law and directors' responsibilities. Advanced students of management in financial services and mid-level managers who hope to advance will find this a valuable resource.

Author : Torben Juul Andersen,Maxine Garvey,Oliviero Roggi
Publisher : OUP Oxford
Page : 224 pages
File Size : 55,6 Mb
Release : 2014-04-24
Category : Business & Economics
ISBN : 9780191511677

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Managing Risk and Opportunity by Torben Juul Andersen,Maxine Garvey,Oliviero Roggi Pdf

This book promotes good risk governance and risk management practices to corporate managers, executives, and directors wherever they operate around the world. The major corporate scandals have their roots in governance failure pointing to the link between risk governance and good performance outcomes. This topic is timely and of interest both to the academic community as well as to practicing managers, executives, and directors. The volume focuses on contemporary risk leadership issues based on recent research insights but avoids excessive technical language and mathematical formulas. The book is framed around the challenges imposed on executives and directors in dealing with an increasingly complex and unpredictable world. This requires a new risk leadership focus that not only avoids the downside risks but also considers ways to exploit the upside potential offered by a dynamic environment. The underlying logic is built on the principles of financial economics where benefits derive from reducing bankruptcy costs and increasing future cash inflows. This provides a stringent framework for analyzing the effect of different risk management actions and behaviors in effective risk-taking organizations. Hence, the book addresses the potential for upside gains as much as the threats of downside losses that represent the conventional risk perspectives. It states the simple fact that you must be willing to take risk to increase strategic responsiveness and corporate manoeuverability. The text builds the arguments in logical steps explicating relevant techniques and practices along the way that invite to immediate applications and practical thinking

Author : Abol Jalilvand,Tassos Malliaris
Publisher : Routledge
Page : 496 pages
File Size : 40,8 Mb
Release : 2013-05-13
Category : Business & Economics
ISBN : 9781136644900

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Risk Management and Corporate Governance by Abol Jalilvand,Tassos Malliaris Pdf

The asymmetry of responsibilities between management and corporate governance both for day-to-day operations and the board’s monthly or quarterly review and evaluation remains an unresolved challenge. Expertise in the area of risk management is a fundamental requirement for effective corporate governance, if not by all, certainly by some board members. This means that along with board committees such as "compensation", "audit", "strategy" and several others, "risk management" committees must be established to monitor the likelihood of certain events that may cause the collapse of the firm. Risk Management and Corporate Governance allows academics and practitioners to assess the state of international research in risk management and corporate governance. The chapters overlay the areas of risk management and corporate governance on both financial and operating decisions of a firm while treating legal and political environments as externalities to decisions undertaken.

Author : Anonim
Publisher : Bookboon
Page : 56 pages
File Size : 42,8 Mb
Release : 2024-06-26
Category : Electronic
ISBN : 9788776816681

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Corporate Governance and Risk Management by Anonim Pdf

Author : OECD
Publisher : OECD Publishing
Page : 96 pages
File Size : 51,5 Mb
Release : 2014-04-01
Category : Electronic
ISBN : 9789264208636

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Corporate Governance Risk Management and Corporate Governance by OECD Pdf

This sixth peer review of the OECD Principles of Corporate Governance analyses the corporate governance framework and practices relating to corporate risk management, in the private sector and in state-owned enterprises.

Author : Margaret Woods,Peter Kajüter,Philip Linsley
Publisher : CIMA Publishing
Page : 212 pages
File Size : 45,9 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780750685658

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International Risk Management by Margaret Woods,Peter Kajüter,Philip Linsley Pdf

This book is very practical in its international usefulness (because current risk practice and understanding is not equal across international boundaries). For example, an accountant in Belgium would want to know what the governance regulations are in that country and what the risk issues are that he/she needs to be aware of. This book covers the international aspect of risk management systems, risk and governance, and risk and accounting. In doing so the book covers topics such as: internal control and corporate governance; risk management systems; integrating risk into performance management systems; risk and audit; governance structures; risk management of pensions; pension scheme risks e.g. hedging derivatives, longevity bonds etc; risk reporting; and the role of the accountant in risk management. There are the case studies through out the book which illustrate by way of concrete practical examples the major themes contained in the book. The book includes highly topical areas such as the Sarbanes Oxley Act and pension risk management. * provides a cross European perspective (because current practice and understanding is not equal across international boundaries) on the key issues of risk management, internal control and governance * covers the implications of Sarbanes Oxley Act for European companies and the associated risks * explains what the current risk reporting practices are and what the analysts are really looking for * looks at the key issues you need to address in order to manage your company's pension risk

Author : Alan Waring
Publisher : Routledge
Page : 287 pages
File Size : 50,7 Mb
Release : 2016-05-13
Category : Business & Economics
ISBN : 9781317159391

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Corporate Risk and Governance by Alan Waring Pdf

Corporate Risk and Governance addresses corporate risk management and governance requirements affecting large organizations in all industry sectors and countries. The book strongly advocates implementation of Corporate Governance Codes, ISO 31000 Risk Management, ISO 22301 Business Continuity Management and PAS 200 Crisis Management but warns against treating any standard or model slavishly, as if it can offer easy salvation or a simple route to a risk nirvana. Alan Waring challenges many hallowed beliefs, attitudes and practices that continue to hamper the delivery of effective Enterprise Risk Management (ERM) and thereby good governance. Those boardroom and corporate cultures that are complacent about risk exposures and risk management or, worse, encourage ’chancers’ and a ’what can we get away with’ attitude, are examined in depth along with what is required to embed a culture of responsible risk-taking. Some 75 cases from around the world provide graphic examples and lessons to be learned. Although the text includes some summary practical guidance, this book is designed primarily as a thinking aid rather than a risk management cookbook. It is something to encourage better informed risk-decision making; a more informed view of enterprise risk exposures, control and mitigation issues and an awareness of boardroom and corporate culture issues and their impact on effective ERM.

Author : OECD
Publisher : OECD Publishing
Page : 60 pages
File Size : 53,6 Mb
Release : 2016-10-19
Category : Electronic
ISBN : 9789264262249

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Corporate Governance Risk Management by State-Owned Enterprises and their Ownership by OECD Pdf

This publication takes stock of how SOEs and those exercising the state’s ownership role address the issue of risk management from the perspective of corporate governance (“risk governance”), as recommended in the OECD Guidelines on Corporate Governance of State-Owned Enterprises.

Author : Tony Merna,Faisal F. Al-Thani
Publisher : John Wiley & Sons
Page : 452 pages
File Size : 51,5 Mb
Release : 2011-03-10
Category : Business & Economics
ISBN : 9781119995104

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Corporate Risk Management by Tony Merna,Faisal F. Al-Thani Pdf

The book analyzes, compares, and contrasts tools and techniques used in risk management at corporate, strategic business and project level and develops a risk management mechanism for the sequencing of risk assessment through corporate, strategic and project stages of an investment in order to meet the requirements of the 1999 Turnbull report. By classifying and categorizing risk within these levels it is possible to drill down and roll-up to any level of the organizational structure and to establish the risks that each project is most sensitive to, so that appropriate risk response strategies may be implemented to benefit all stakeholders. "The new edition of this book provides a clear insight into the intricacies of corporate risk management and the addition of the case study exemplars aids understanding of the management of multiple projects in the real world." —Professor Nigel Smith, Head of the School of Civil Engineering, University of Leeds

Author : Matteo Tonello
Publisher : Unknown
Page : 46 pages
File Size : 42,5 Mb
Release : 2007
Category : Risk management
ISBN : 082370906X

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Reputation Risk by Matteo Tonello Pdf

Even though corporate reputation is increasingly able to either generate or rapidly destroy shareholder value there is still very little guidance on the oversight function of the board in protecting and enhancing this corporate asset. Reputation Risk: A Corporate Governance Perspective provides recommendations on how corporate boards can ensure companies develop a robust reputational risk management process integrated within their enterprise-wide risk management (ERM) program. Also a number of practical cases of corporate reputation failures and reputation risk management, including cases drawn from public source documents involving: Johnson & Johnson; Nike Inc.; Sony Corp.; Mattel Inc.; BP plc; Martha Stewart Living Omnimedia Inc., are presented.

Author : Marijn van Daelen,Christoph van der Elst
Publisher : Edward Elgar Publishing
Page : 257 pages
File Size : 46,5 Mb
Release : 2010-01-01
Category : Business & Economics
ISBN : 9781849807999

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Risk Management and Corporate Governance by Marijn van Daelen,Christoph van der Elst Pdf

In reaction to the recent financial crisis and corporate failures at the beginning of the millennium, the emphasis of the business community in corporate governance has shifted towards internal control and risk management issues. As a result, risk management discussion has reached an unprecedented level for academics and practitioners alike. This international, multidisciplinary book provides a comprehensive overview of the risk management landscape, encompassing its challenges and problems and taking stock of its influence on both companies and society as a whole. The eminent contributors review historical and current provisions relating to internal control and risk management in Europe and in the USA. They address the interconnected consequences of the necessity of risk management, and illustrate that a comprehensive approach needs to be further improved. The pros and cons of both the rule-based and the principle-based approaches are analysed, showing that the latter makes it more feasible for sound business practices to be combined with strategic company goals, and for the relationship between entrepreneurial risk taking and sound risk governance management to be in equilibrium. The book also presents a balanced supervision framework, which both promotes prevention of excessive risk taking and tackles risk failure.

Author : Aarti Anhal
Publisher : Rand Corporation
Page : 30 pages
File Size : 48,9 Mb
Release : 2003
Category : Business enterprises
ISBN : 0833035088

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Engaging the Board by Aarti Anhal Pdf

This report, prepared for and funded by the Information Assurance Advisory Council, analyzes the relationship between corporate governance and information assurance. The study examines the ways in which information assurance can be embedded into corporate risk management processes in the changing corporate governance environment. Corporate governance now calls for effective management of risks but board-level awareness is not yet being translated into effective controls. This study outlines the ways in which information assurance can be embedded into corporate risk management practices and how companies can be incentivized to adopt good practices.

Author : Debbie Thompson (Attorney)
Publisher : Unknown
Page : 119 pages
File Size : 52,8 Mb
Release : 2017
Category : Corporate governance
ISBN : 0620758961

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An Introduction to Corporate Governance and Risk Management by Debbie Thompson (Attorney) Pdf

Author : OECD,OECD Publishing,Organisation for Economic Co-operation and Development
Publisher : Unknown
Page : 0 pages
File Size : 55,8 Mb
Release : 2024-06-26
Category : Business ethics
ISBN : 9264220100

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Risk Management and Corporate Governance by OECD,OECD Publishing,Organisation for Economic Co-operation and Development Pdf

This sixth peer review of the OECD Principles of Corporate Governance analyses the corporate governance framework and practices relating to corporate risk management, in the private sector and in state-owned enterprises. The review covers 26 jurisdictions and is based on a general survey of all participating jurisdictions in December 2012, as well as an in-depth review of corporate risk management in Norway, Singapore and Switzerland. The report finds that while risk-taking is a fundamental driving force in business and entrepreneurship, the cost of risk management failures is often underestimated, both externally and internally, including the cost in terms of management time needed to rectify the situation. The reports thus concludes that corporate governance should ensure that risks are understood, managed, and, when appropriate, communicated.

Author : John C. Shaw
Publisher : John Wiley & Sons
Page : 238 pages
File Size : 47,9 Mb
Release : 2004-03-31
Category : Business & Economics
ISBN : 9780471481225

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Corporate Governance and Risk by John C. Shaw Pdf

Decision-making and corporate governance have always been important functions in a company, but never more so than in the current post-Enron/Andersen business environment. This book acts as a framework for corporate officers and senior-level executives who need to redesign their own decision-making, risk, and governance processes. The approaches have been successfully proven in a number of leading companies, whose case studies are included in the book. Offers up to date coverage of an increasingly important topic, citing a proven approach that draws from leading companies and provides a composite of what not to do based on companies like Anderson and Enron. Author very active in conference circles, addressing thousands in industry events.