Features
- Cover Type: Hard Cover with 494 pages
- Published by: Wiley June 5, 2006
- Written in: English
- ISBN 10 Number: 0470014660
- ISBN 13 Number: 978-0470014660
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Book Dimensions:
9.8 x 6.8 x 1.4 inches
- Weighs: 2.5 pounds
Reader Reviews
It is not generally considered that business, all business operates in an element of risk. Everything from the price of supplies to Government actions involve risk. Often this risk is absolutely impossible to predict, i.e. those who went to work at the top of the World Trade Center one September morning. And as a result the analysis of risk in ventures has taken on great urgency. Commensurate with this has been the development of Enterprise Risk Management (ERM) tools to provide a framework for managing company-wide risk. It begins with overall corporate governance which establishes guidelines for the company to operate. Various phases within the process then include such activities as identifying, evaluating, and controlling risk within those guidelines. The book is written from a worldwide basis and discusses recent changes in various countries such as the U.K., U.S.A. and Canada. These changes brought about by spectacular busines failures such as Enron, WorldCom, and the resultant troubles of companies such as Arthur Anderson have created an environment where the executive is taking a much greater interest in the management of the company as his risk of prison increases. Dr. Chapman has a long history of working in the risk management area, including getting his Ph.D. in that area.
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