Enterprise risk management in financial intermediation

Stuart I. Greenbaum

International Journal of Banking, Accounting and Finance, 2012, vol. 4, issue 1, 77-89

Abstract: For financial intermediaries, especially those that are public companies, enterprise risk management (ERM) is a paradigm shifting idea. In this paper, I provide an interpretation of ERM that is both historical and analytical. The origins of the idea are examined along with the appropriate definition. A distinction between risk management and risk mitigation is clarified, the value-creating potential of ERM is explained and an ERM paradox is set forth.

Keywords: enterprise risk management; ERM; core risk; ancillary risk; financial intermediaries; risk mitigation; value creation. (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=45510 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:injbaf:v:4:y:2012:i:1:p:77-89

Access Statistics for this article

More articles in International Journal of Banking, Accounting and Finance from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().