Risk Management And Corporate Governance

Author : Organization for Economic Cooperation and Development
Publisher : OCDE
Page : 0 pages
File Size : 52,6 Mb
Release : 2014
Category : Business ethics
ISBN : 9264208623

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Risk Management and Corporate Governance by Organization for Economic Cooperation 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 : Marijn van Daelen,Christoph van der Elst
Publisher : Edward Elgar Publishing
Page : 257 pages
File Size : 48,8 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 : Abol Jalilvand,Tassos Malliaris
Publisher : Routledge
Page : 495 pages
File Size : 54,9 Mb
Release : 2013-05-13
Category : Business & Economics
ISBN : 9781136644917

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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 : 51,8 Mb
Release : 2024-05-25
Category : Electronic
ISBN : 9788776816681

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Corporate Governance and Risk Management by Anonim Pdf

Author : Georges Dionne
Publisher : John Wiley & Sons
Page : 416 pages
File Size : 42,6 Mb
Release : 2019-04-30
Category : Business & Economics
ISBN : 9781119583127

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Corporate Risk Management by Georges Dionne Pdf

An updated review of the theories and applications of corporate risk management After the financial crisis of 2008, issues concerning corporate risk management arose that demand new levels of oversight. Corporate Risk Management is an important guide to the topic that puts the focus on the corporate finance dimension of risk management. The author—a noted expert on the topic—presents several theoretical models appropriate for various industries and empirically verifies theoretical propositions. The book also proposes statistical modeling that can evaluate the importance of different risks and their variations according to economic cycles. The book provides an analysis of default, liquidity, and operational risks as well as the failures of LTCM, ENRON, and financial institutions that occurred during the financial crisis. The author also explores Conditional Value at Risk (CVaR), which is central to the debate on the measurement of market risk under Basel III. This important book: Includes a comprehensive review of the aspects of corporate risk management Presents statistical modeling that addresses recent risk management issues Contains an analysis of risk management failures that lead to the 2008 financial crisis Offers a must-have resource from author Georges Dionne the former editor of The Journal of Risk and Insurance Corporate Risk Management provides a modern empirical analysis of corporate risk management across industries. It is designed for use by risk management professionals, academics, and graduate students.

Author : OECD
Publisher : OECD Publishing
Page : 94 pages
File Size : 50,5 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 : Debbie Thompson
Publisher : Unknown
Page : 132 pages
File Size : 46,9 Mb
Release : 2016
Category : Corporate governance
ISBN : 0620712899

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Introduction to Corporate Governance and Risk Management by Debbie Thompson Pdf

Author : Richard M. Steinberg
Publisher : John Wiley & Sons
Page : 339 pages
File Size : 41,8 Mb
Release : 2011-08-02
Category : Business & Economics
ISBN : 9781118024300

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Governance, Risk Management, and Compliance by Richard M. Steinberg Pdf

An expert's insider secrets to how successful CEOs and directors shape, lead, and oversee their organizations to achieve corporate goals Governance, Risk Management, and Compliance shows senior executives and board members how to ensure that their companies incorporate the necessary processes, organization, and technology to accomplish strategic goals. Examining how and why some major companies failed while others continue to grow and prosper, author and internationally recognized expert Richard Steinberg reveals how to cultivate a culture, leadership process and infrastructure toward achieving business objectives and related growth, profit, and return goals. Explains critical factors that make compliance and ethics programs and risk management processes really work Explores the board's role in overseeing corporate strategy, risk management, CEO compensation, succession planning, crisis planning, performance measures, board composition, and shareholder communications Highlights for CEOs, senior management teams, and board members the pitfalls to avoid and what must go right for success Outlines the future of corporate governance and what's needed for continued effectiveness Written by well-known corporate governance and risk management expert Richard Steinberg Governance, Risk Management, and Compliance lays a sound foundation and provides critical insights for understanding the role of governance, risk management, and compliance and its successful implementation in today's business environment.

Author : Robert C. Gericke
Publisher : Springer
Page : 217 pages
File Size : 40,7 Mb
Release : 2018-03-27
Category : Business & Economics
ISBN : 9783319673110

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Corporate Governance and Risk Management in Financial Institutions by Robert C. Gericke Pdf

This book presents an overview of corporate governance and risk management, analyzing their interdependence and particularly their relevance in banking. It discusses current trends in corporate governance, such as stakeholder management, financial performance and the cost of equity, compensation schemes, board structures and shareholder activism. Further, it reviews some of the most important regulatory changes introduced since the latest financial crisis and highlights their impact on the annual reports of the banks under analysis. Lastly, the book assesses and compares major banks in Brazil and Germany with special emphasis on the aspects mentioned above, revealing surprising similarities between the banking systems of these otherwise disparate countries.

Author : Tony Merna,Faisal F. Al-Thani
Publisher : John Wiley & Sons
Page : 452 pages
File Size : 50,6 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 : Ngozi Vivian Okoye
Publisher : Routledge
Page : 272 pages
File Size : 51,6 Mb
Release : 2015-03-05
Category : Business & Economics
ISBN : 9781317701415

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Behavioural Risks in Corporate Governance by Ngozi Vivian Okoye Pdf

Recent cases of corporate failures, including the fixing of LIBOR rates and money laundering issues in the banking industry, highlight how behavioural issues on the part of company directors are significant contributory factors in corporate governance and the success or failure of companies. This book examines how personality and behavioural issues have contributed to major corporate failures, and how this risk may be managed. The book examines behavioural risks in corporate governance, and evaluates the extent to which risk management mechanisms have acknowledged various aspects of behaviour. Drawing from cases in the UK, the US and Australia and research in psychology and the behavioural sciences, Ngozi Vivian Okoye argues that current corporate governance mechanisms lack provision for identifying and managing personality risks, and suggests how constituent elements of behaviour should be engaged with when developing preventive mechanisms for corporate failures. Okoye presents a conceptual framework for identifying and managing personality risks, and explores how personality risk may be built into corporate governance regulation. The book will be of great use and interest to researchers and practitioners in business and company law, corporate governance, and critical management studies.

Author : Brian Coyle
Publisher : Global Professional Publishi
Page : 292 pages
File Size : 45,6 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 : Debbie Thompson (Attorney)
Publisher : Unknown
Page : 119 pages
File Size : 54,7 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 : 55,6 Mb
Release : 2024-05-25
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 : Georgios I. Zekos
Publisher : Nova Science Publishers
Page : 0 pages
File Size : 50,9 Mb
Release : 2014
Category : Corporate governance
ISBN : 1631178458

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Risk Management and Corporate Governance in 21st Century Digital Economy by Georgios I. Zekos Pdf

Governance designates all regulations intended for organisation and centralisation of human societies on a global scale. The management of corporations organises the efforts of individuals in order to achieve aims and objectives using available resources inventively and efficiently. Risk management is a practice of steadily choosing cost-effective tactics for diminishing the consequence of threat realisation to the corporation which cannot be evaded for the reason that there are financial and practical limits, which means the acceptance of some degree of residual risks. Cyberspace strengthens national and global governance. E-business involves the total digitisation of value chains and business processes, and serving traditional organisations creates new value and reach up to that time unattained heights of operational and financial excellence. E-technology and e-commerce produce new challenges for both risk management and corporate governance which could be solved by effective utilisation of a continuous development of the means of risk management such as information technology, logistics, networks and a constantly improved ERM in order to comply with the new developments. A highly educated personnel controlled by an effective human resources management is a prime means for accomplishment of effective risk management and corporate governance in a 21st century digital economy.