Empowered Enterprise Risk Management: Theory and Practice (Wiley Corporate F&A) - Hardcover

Jankensgard, Hakan; Kapstad, Petter

Hardcover

ISBN 10: 1119700159 ISBN 13: 9781119700159

Verlag: John Wiley & Sons Inc, 2021

Inhaltsangabe

In this book, two experts on the topic raise the question of why many ERM programmes end up as box-checking silos with almost no connection to important decision-making processes, whereas others are empowered and end up having a profound impact on the firm’s culture, governance structures, and strategy process. The book establishes a path to empowered ERM by drawing on insights from theory and hard-won lessons from practice. Success factors enabling this transition are thoroughly discussed in a start-to-finish narrative describing the theoretical underpinnings of ERM, its proven best practices, and onto more advanced topic such as risk budgeting and the integration of ERM into strategic decision-making.

Über diesen Titel

Über die Autorin bzw. den Autor

Håkan Jankensgård is Associate Professor in Corporate Finance at Lund University where he teaches two courses (Corporate Valuation and Corporate Risk Management) on the master's program in Finance. Prior to entering academia, Håkan was corporate risk manager at Norsk Hydro with responsibility for developing their risk management program and risk model. He has published research on risk management in distinguished journals such as the Journal of Banking & Finance and Financial Management.

Petter Kapstad was responsible for building up Equinor's Enterprise Risk Management, which he headed for 14 years. At that time, Equinor's ERM included insurance, credit, operational risk, strategic risks and market risks. He had 18 years' experience from the trading environment in commercial banks prior to joining Equinor and has been an advisor to several international companies, boards and board members in building their ERM.

Von der hinteren Coverseite

Surveys reveal that most corporations devote considerable resources to risk management. However, while the multiple benefits of enterprise risk management (ERM) are evident, many executives remain unsure how to approach it. Written by two experts on the topic, Empowered Enterprise Risk Management offers organisations a set of tools for implementing the proven holistic risk management practices that will help companies realise fewer unexpected events, improve risk responses and facilitate the elimination of various suboptimal practices associated with the traditional, silo-based approach to risk management.

Empowered Enterprise Risk Management is a practical book filled with essential information needed to implement an effective ERM program and case studies that highlight each particular aspect or application of managing risk.

Aus dem Klappentext

Surveys reveal that most corporations devote considerable resources to risk management. However, while the multiple benefits of enterprise risk management (ERM) are evident, many executives remain unsure how to approach it. Written by two experts on the topic, Empowered Enterprise Risk Management offers organisations a set of tools for implementing the proven holistic risk management practices that will help companies realise fewer unexpected events, improve risk responses and facilitate the elimination of various suboptimal practices associated with the traditional, silo-based approach to risk management.

Empowered Enterprise Risk Management is a practical book filled with essential information needed to implement an effective ERM program and case studies that highlight each particular aspect or application of managing risk.

Details zur Ausgabe

• Verlag: John Wiley & Sons Inc
• Erscheinungsdatum: 2021
• Sprache: Englisch
• ISBN 10: 1119700159
• ISBN 13: 9781119700159
• Einband: Tapa dura
• Anzahl der Seiten: 224
• Kontakt zum Hersteller: WROX; https://www.wiley.com/en-us; ; 111 River Street; Hoboken; NJ; 7030; USA
• Verantwortliche Person: Nicht verfügbar