Risk Management and Corporate Governance

Risk Management and Corporate Governance
Author: Organization for Economic Cooperation and Development
Publisher: OCDE
Total Pages: 0
Release: 2014
Genre: Business ethics
ISBN: 9789264208629

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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.

Governance, Risk Management, and Compliance

Governance, Risk Management, and Compliance
Author: Richard M. Steinberg
Publisher: John Wiley & Sons
Total Pages: 339
Release: 2011-08-02
Genre: Business & Economics
ISBN: 1118024303

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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.

Corporate Governance and Risk Management in Financial Institutions

Corporate Governance and Risk Management in Financial Institutions
Author: Robert C. Gericke
Publisher: Springer
Total Pages: 237
Release: 2018-03-27
Genre: Business & Economics
ISBN: 3319673114

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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.

Risk Management and Corporate Governance

Risk Management and Corporate Governance
Author: Abol Jalilvand
Publisher: Routledge
Total Pages: 495
Release: 2013-05-13
Genre: Business & Economics
ISBN: 1136644911

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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.

Corporate Governance Risk Management and Corporate Governance

Corporate Governance Risk Management and Corporate Governance
Author: OECD
Publisher: OECD Publishing
Total Pages: 96
Release: 2014-04-01
Genre:
ISBN: 9264208631

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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.

Behavioural Risks in Corporate Governance

Behavioural Risks in Corporate Governance
Author: Ngozi Vivian Okoye
Publisher: Routledge
Total Pages: 286
Release: 2015-03-05
Genre: Business & Economics
ISBN: 1317701410

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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.

Corporate Governance Risk Management by State-Owned Enterprises and their Ownership

Corporate Governance Risk Management by State-Owned Enterprises and their Ownership
Author: OECD
Publisher: OECD Publishing
Total Pages: 62
Release: 2016-10-19
Genre:
ISBN: 9264262245

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This publication takes stock of how SOEs and those exercising the state’s ownership role address the issue of risk management from the perspective of corporate governance (“risk governance”), as recommended in the OECD Guidelines on Corporate Governance of State-Owned Enterprises.

The Law of Governance, Risk Management and Compliance

The Law of Governance, Risk Management and Compliance
Author: Geoffrey P. Miller
Publisher: Aspen Publishing
Total Pages: 1243
Release: 2019-09-13
Genre: Law
ISBN: 1543815995

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Geoffrey Miller’s The Law of Governance, Risk Management and Compliance is widely credited for introducing a new field of legal studies. Compliance and its related subjects of governance and risk management are major sources of jobs and also important developments in legal practice. The billions of dollars of fines paid over the past decade and the burgeoning and seemingly never-ending parade of compliance and risk management breakdowns – recently including the Wells Fargo sales practices scandal, the Volkswagen emissions cheat, and the Boeing 737 MAX crisis – all attest to the importance of the issues treated in this readable and timely book. New to the Third Edition: Comprehensive updates on recent developments New treatment of compliance failures: Wells Fargo account opening scandal, Volkswagen emissions cheat, important developments in Catholic Church sex abuse scandal. New treatment of risk management failures: the Boeing 737 MAX scandal. Professors and students will benefit from: Clear, concise definitions Fun and interesting problems Real-world perspective from an author who has been involved both as a scholar and as a member of a corporate board of directors Highly readable and interesting writing Text boxes containing key concepts and definitions Realistic problems for class discussion and analysis

Corporate Governance and Risk

Corporate Governance and Risk
Author: John C. Shaw
Publisher: Wiley
Total Pages: 0
Release: 2003-08-27
Genre: Business & Economics
ISBN: 9780471445470

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Decision-making and corporate governance have always been important functions in a company, but never more so than in the current post-Enron/Andersen business environment. This book acts as a framework for corporate officers and senior-level executives who need to redesign their own decision-making, risk, and governance processes. The approaches have been successfully proven in a number of leading companies, whose case studies are included in the book. Offers up to date coverage of an increasingly important topic, citing a proven approach that draws from leading companies and provides a composite of what not to do based on companies like Anderson and Enron. Author very active in conference circles, addressing thousands in industry events.