ABSTRACT
Managing risk in and across organizations has always been of vital importance, both for individual firms and for the globalized economy more generally. With the global financial crisis, a dramatic lesson was learnt about what happens when risk is underestimated, misinterpreted, or even overlooked. Many possible solutions have been competing for international recognition, yet, there is little empirical evidence to support the purported effectiveness of these regulations and structured control approaches, which leaves the field wide open for further interpretation and conceptual development.
This comprehensive book pulls together a team of experts from around the world in a range of key disciplines such as management, economics and accounting, to provide a comprehensive resource detailing everything that needs to be known in this emerging area. With no single text currently available, the book fills a much needed gap in our current understanding of strategic risk management, offering the potential to advance research efforts and enhance our approaches to effective risk management practices.
Edited by a globally recognized expert on strategic risk management, this book will be an essential reference for students, researchers, and professionals with an interest in risk management, strategic management and finance.
TABLE OF CONTENTS
part I|84 pages
Risk governance perspectives
chapter 4|13 pages
The key to sustainable risk governance
chapter 5|12 pages
The risk management paradox
part II|104 pages
The management of strategic risk
chapter 8|17 pages
Can strategic risk management contribute to enterprise risk management?
part |66 pages
Corporate risk management insights
chapter 14|12 pages
Risk taking for the modern risk leader
part |94 pages
The managerial impact on risk outcomes
chapter 19|20 pages
Effective risk management
part |92 pages
Effects on enterprise risk management
chapter 22|32 pages
Does enterprise risk management create value for firms?
part |58 pages
Other aspects of strategic risk management