Strategic risk management practice
Subtitle: how to deal effectively with major corporate exposures
By: Torben Juul Andersen, Peter Winther Schrøder.
Contributors: Schrøder, Peter Winther.
Publisher: Cambridge University Press
Published: 2010
Place of publication: New York
Language: eng
Number of pages: 268
ISBN-13: 9780521114240
Subjects: Risk management; Strategic planning
Description: "At a time when corporate scandals and major financial failures dominate newspaper headlines, the importance of good risk management practices has never been more obvious. The absence or mismanagement of such practices can have devastating effects on exposed organizations and the wider economy (Barings Bank, Enron, Lehmann Brothers, NorthernRock, to name but a few). Today's organizations and corporate leaders must learn the lessons of such failures by developing practices to deal effectively with risk. This book is an important step towards this end. Written from a European perspective, it brings together ideas, concepts and practices developed in various risk markets and academic fields to provide a much-needed overview of different approaches to risk management. It critiques prevailing enterprise risk management frameworks (ERMs) and proposes a suitable alternative. Combining academic rigour and practical experience, this is an important resource for graduate students and professionals concerned with strategic risk management"--Provided by publisher.
Notes: Includes index.
Table of contents: title: Machine generated contents note: List of figures; List of tables; Preface; 1. The strategic nature of corporate risk management; 2. Economic exposures in corporate risk management; 3. Managing market-related business exposures; 4. Extending the risk management perspective; 5. Integrative risk management perspectives; 6. Current risk management practice and the rise of ERM; 7. Strategic risk analyses; 8. Strategic risk management - amendments to the ERM framework; 9. Strategic risk management; 10. Postscriptum; Appendix; Index.