Enterprise Risk Management

Desheng Dash Wu and David L. Olson
Additional contact information
Desheng Dash Wu: Stockholm University
David L. Olson: University of Nebraska

Chapter 1 in Enterprise Risk Management in Finance, 2015, pp 1-10 from Palgrave Macmillan

Abstract: Abstract Living and working in today’s environment involves many risks. The processes used to make decisions in this environment should consider the need both to keep people gainfully employed (through increased economic activity) and to protect humanity from threats arising from human activity. Terrorism led to the gas attack on the Japanese subway system in 1995, to 9/11 in 2001, and to the bombings of the Spanish and British transportation systems in 2004 and 2005 respectively. But nature has been far more deadly, with hurricanes in Florida, tsunamis in Japan, earthquakes in China, and volcanoes in Iceland. These locations only represent recent, well-publicized events. Nature can strike at us anywhere. We need to consider the many risks that exist, and to come up with strategies, controls, and regulations that accomplish a complex combination of goals.

Keywords: Risk Management; Chief Executive Officer; Internal Audit; Risk Appetite; Enterprise Risk Management (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (24)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-1-137-46629-7_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137466297

DOI: 10.1057/9781137466297_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().