ABSTRACT
This chapter aims to present our original theory and methodology for corporate risk profiling. In the first part of this chapter, we conceptualize and extend the definition of risk profile and discuss in detail its role in business management. This is followed by a presentation of the risk profile framework structure and the proposed methodology for designing a step-by-step procedure for building, updating and managing a risk profile. In the final section of this chapter, we describe the roles and functions of the risk profiling process in business activities. We put forward arguments for the need for risk profiling in both non-crisis and crisis situations.
