Risk culture : a practical guide to building and strengthening the fabric of risk management / Erik Banks.
| Author/creator | Banks, Erik |
| Format | Electronic |
| Publication Info | Basingstoke : Palgrave Macmillan, 2012. |
| Description | 1 online resource (vii, 180 pages) : illustrations |
| Supplemental Content | ProQuest Ebook Central |
| Subjects |
| Contents | Successful Risk Management -- A First Look at Risk Culture -- Institutional and Regulatory Considerations -- Deficiencies and Problems I: Concepts -- Deficiencies and Problems II: Cases -- Building and Strengthening I: Structure and Governance -- Building and Strengthening II: Knowledge and Behavior -- Gauging Success and Progress -- Concluding Thoughts. |
| Abstract | Risk, or the uncertainty regarding a future event or outcome, characterizes much of what banks, industrial corporations, and governmental agencies must deal with on a daily basis. Failure to recognize, quantify and manage risk can lead to significant problems. The very fact that risk exists and has the potential to create negative results means that it has to be actively managed. And, while the quantitative models and governance frameworks used to manage risks are by now well established, the behavioral aspects, centered on the concept of risk culture, are often unclear and under-theorized. Risk culture, which can be defined as an internal sensibility that reflects knowledge of, and respect for risk, represents a new frontier in the evolving field of risk management. Risk Culture is a practical volume devoted to the qualitative aspects of risk management, including those that should be firmly embedded in the corporate culture. Through descriptions, examples and case studies, the book analyzes weak and strong cultures and proposes a series of structural and behavioral actions that can lead to the strengthening of a company's culture. In a 21st century business world characterized by volatility and uncertainty, a strong risk culture is a prerequisite to success; Risk Culture is designed to help financial, corporate and governmental institutions address this increasingly critical topic. |
| Bibliography note | Includes bibliographical references (pages 177-178) and index. |
| Language | English. |
| Issued in other form | Print version: Banks, Erik. Risk culture. Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan 2012 9781137263711 |
| Genre/form | Electronic books. |
| ISBN | 9781137263728 (electronic bk.) |
| ISBN | 1137263725 (electronic bk.) |
| ISBN | 1283641623 |
| ISBN | 9781283641623 |
| Standard identifier# | 9786613954121 |
| Standard identifier# | 10.1057/9781137263728 |
| Stock number | 628966 Palgrave Macmillan http://www.palgraveconnect.com |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |