| The Perils of HastePhilip Santarelli, CRO of accounting firm ParenteBeard, surveys the seven deadly sins of audit committees: haste, rigidity, naivete, hubris, stubbornness, assumption and complacency. |
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| Four Tips for a Healthy Risk AppetiteDeveloping an enterprise-wide risk appetite statement is a challenge, but it can reap huge rewards and explicitly demonstrate the value of ERM. These tips can help determine your company’s true appetite for risk. |
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| A Chinese Bank’s Risk TurnaroundThe strategy that Bank of Chengdu has used since 2004 to clean up its balance sheet is illustrative of an awakening among Chinese financial institutions to risk management. |
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| JPMorgan Wrestles With Risk OverhaulThe bad derivative trades that have cost JPMorgan more than $6 billion have left a lingering mark on the bank's reputation as well as continuing concerns about its risk governance. |
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| The Risk of the Single MetricWhen a company's excellence is measured solely by profit, risk management suffers from simplistic thinking, argues SORMS' Bill Sharon. |
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| Book Review: The Climate Risk AgendaIn their new book, Mark Trexler and Laura Kosloff provide a clear, concise introduction to corporate climate-change risk management |
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| Risk in the BoardroomEffective boards must successfully distinguish between risks that need to be mitigated and risks that can be capitalized on or optimized. |
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| House Republicans to Financial Firms: Heed Your Risk ManagersA new report denounces former MF Global chief Jon Corzine, but the document could also serve as a cautionary memo to CEOs to listen to their risk managers and heed their warnings. |
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| How to Detect and Prevent FraudFrom Ponzi schemes to insider trading and from money laundering to embezzlement, fraud is an unfortunate reality in business. But there are commonalities and clues in components of fraud. |
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| Sustainability Reporting in a Risk and Business FrameworkCorporate responsibility has taken on the trappings of a social movement, but with uptake in the U.S. lagging, advocates are stressing that sustainable policies are good business and framing their value in risk management terms. |
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| I Saw a Werewolf with a Chinese Menu in His HandFormer Wall Street trader John Coates' new book has some ideas for how a working understanding of the intersection of neuroscience and finance could benefit the risk management of investment banks, as well as the health of the risk takers themselves. |
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| What JPMorgan’s Bad Trade Could Mean for Risk Oversight In the wake of a massive trading loss, JPMorgan's risk policy committee has come under scrutiny -- and raised concerns about potential industry-wide problems. |
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| The Rise of the Risk Executive: A ReappraisalChief risk officers have found a home in the C-suite. Are they stuck there? |
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| Risk Governance, Incentives and Cognitive BiasPoor corporate governance and the cognitive biases of senior management were at the heart of the financial crisis. To drive better outcomes, we must better understand the relationship between incentives and the effectiveness of risk management. |
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| The Year Ahead in Risk Management: Steady as She SlowsAs the crisis of 2008 further recedes, and the mixed market messages of 2011 make way for fresh hopes, risk experts are looking forward with tempered optimism. |
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