Document Type

Article

Publication Date

3-2013

Keywords

enterprise risk management, financial risk

Comments

Content reproduced with permission from The Conference Board, Inc. © 2013. The Conference Board, Inc.

Abstract

The concept of enterprise risk managment (ERM) as a holistic approach to managing a company's risk profile has tremendous appeal. However, companies are frequently skeptical about its value and whether the results will justify the cost, effort, and challenges of implementing a meaningful ERM process. This report considers some of those concerns and highlights the governance, compliance, and cultural value of ERM.

Publication Citation

5 Director Notes 1 (March 2013)

Disciplines

Banking and Finance Law | Business Organizations Law | Corporate Finance

Share

COinS