Risk Management Standards: Towards a contemporary, organisation-wide management approach

Nikitas-Spiros Koutsoukis (nkoutsou@uop.gr)

MPRA Paper from University Library of Munich, Germany

Abstract: Risk management has been progressively evolving into a systemic approach for organisational decision making in today’s dynamic economic environment of the global era. In this context, risk management is reaching beyond its traditional finance and insurance application context and is entering the sphere of generic, organisation-wide management approaches. In support of this argument we consider four generic risk management standards issued at the institutional, national or international level, and identify their management-related attributes and characteristics.

Keywords: Risk management; risk management standards; management; management approach; decision making; organisational decision making. (search for similar items in EconPapers)
JEL-codes: D81 G32 M1 (search for similar items in EconPapers)
Date: 2010
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in International Journal of Business Policy and Economics 1.3(2010): pp. 47-64

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