ABSTRACT
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.
TABLE OF CONTENTS
chapter |4 pages
Introduction
part |80 pages
Enterprise Risk Management and Corporate Governance
chapter |8 pages
Risk Management and Governance in Context
chapter |20 pages
Corporate Risk Management in Practice
chapter |14 pages
Countering Tunnel Vision and Quack Governance
chapter |10 pages
A Culture of Responsible Risk-Taking
chapter |12 pages
Family Businesses, Governance and Risk Management
chapter |14 pages
Business Continuity and Crisis Management
part |22 pages
Corporate Due Diligence
chapter |12 pages
The Abuse of Trust
chapter |8 pages
Mergers, Acquisitions and Joint Ventures
part |44 pages
Fraud, Corruption and Organized Crime
chapter |14 pages
The Nature and Scope of Corruption
chapter |10 pages
Corporate Fraud
chapter |18 pages
Immovable Property Fraud
part |18 pages
Intellectual Property and Product Risks
chapter |10 pages
Combatting Intellectual Property Threats
chapter |6 pages
Ensuring Product Safety
part |27 pages
Man-Made Disasters
chapter |14 pages
Policy and Practice in Major Hazards Risk Management
chapter |12 pages
The Mari-Vassilikos Disaster, 11 July 2011
part |2 pages
Conclusion