Forming an Organization That Competes on Risk: Organizational Implications

Russell Walker
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Russell Walker: Northwestern University, USA

Chapter 9 in Winning with Risk Management, 2013, pp 139-142 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractIn managing risk and reward, firms often link the compensation paid to its employees with the firm's financial performance. This is often done through bonus and termed, “firm performance compensation.” As rational as this may seem, the linkage is still incomplete in connecting the underlying risk decisions made by the employees (on behalf of the firm) to the impact felt by the firm (and not the employees)…

Keywords: Risk Management; Risk; Financial Markets; Enterprise Risk (search for similar items in EconPapers)
Date: 2013
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