Introduction

Christopher Chappell

Chapter 1 in The Executive Guide to Enterprise Risk Management, 2014, pp 1-2 from Palgrave Macmillan

Abstract: Abstract For years, the desire for enterprise risk management (ERM) frameworks has been driven by regulatory demands and companies seeking stronger credit ratings to ensure that capital can be raised more cheaply. Acquiring a budget for such developments is easiest when driven by a regulatory demand. However, this can make it more difficult to achieve buy-in and a belief in the benefits of such a framework when attempting to embed it in the business. Simplistically, the value to the business is achieved by answering the question ‘What’s in it for me?

Keywords: Corporate Finance; Organisational Effectiveness; Managerial Capability; Balance Decision; Great Transparency (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1057/9781137374547_1

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