✦ LIBER ✦

Managing risks

✍ Scribed by David M. Cannon; Joseph H. Godwin; Stephen R. Goldberg

Publisher: John Wiley and Sons
Year: 2009
Tongue: English
Weight: 54 KB
Volume: 20
Category: Article
ISSN: 1044-8136
DOI: 10.1002/jcaf.20486

No coin nor oath required. For personal study only.

✦ Synopsis

The books selected for review address managing risks. Tilman in Financial Darwinism: Create Value or Self-Destruct in a World of Risk argues that failure of financial firms can be linked to organizations' dogged allegiance to a static business model during the emergence of a highly dynamic risk environment. His answer to this change in the environment is to put the appropriate mechanisms in place to actively and transparently manage risk. Monahan in Enterprise Risk Management: A Methodology for Achieving Strategic Objectives provides guidance on measuring and managing risks associated with achieving strategic objectives.

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