• Read about our corporate governance and how we promote trust and transparency. (box.com)
  • Corporate Governance 29 (4) , pp. 328-351. (cardiff.ac.uk)
  • Does corporate governance influence corporate risk-taking? (psu.edu)
  • We provide evidence on the effect of corporate governance on the extent of corporate risk-taking. (psu.edu)
  • Exploiting the passage of the Sarbanes-Oxley Act of 2002 as an exogenous shock that improves governance quality, we show that the effect of corporate governance on risk-taking is likely causal. (psu.edu)
  • Dive into the research topics of 'Does corporate governance influence corporate risk-taking? (psu.edu)
  • This guideline communicates OSFI's expectations with respect to corporate governance of federally regulated financial institutions (FRFIs). (gc.ca)
  • Corporate governance is a set of relationships between a company's management, its Board of Directors (Board), its shareholders, and other stakeholders. (gc.ca)
  • The quality of FRFI corporate governance practices is an important factor in maintaining the confidence of depositors and policyholders, as well as overall market confidence. (gc.ca)
  • This guideline, therefore, draws attention to specific areas of corporate governance that are especially important for financial institutions (e.g., risk governance), owing to the unique nature and circumstances of financial institutions and risks assumed relative to other corporations. (gc.ca)
  • For instance, Haan and Vlahu [ 66 ] find that some of the empirical regularities found in the literature on corporate governance of nonfinancial institutions, such as the positive (negative) association between board independence (size) and performance, do not hold for banks. (springer.com)
  • Corporate Governance , 18 (3), 440-461. (southampton.ac.uk)
  • Corporate Governance (Early Access). (open.ac.uk)
  • In line with the previous studies, we control for various corporate governance mechanisms, firm-level factors and country-level characteristics. (open.ac.uk)
  • Guidance for corporate governance professionals working on risk committees. (icaew.com)
  • This report expands our examination to audit committees in a further six EU countries, spread across the centre and south, with various corporate governance traditions and different sized capital markets - namely Belgium, Cyprus, Greece, Malta, The Netherlands and Portugal. (icaew.com)
  • This paper not only recommends means whereby principal-agent problems could be addressed, but also considers various ways in which the external auditor and audit committees contribute as corporate governance tools. (uni-muenchen.de)
  • In acknowledging the issues raised by ownership structures, it considers theories such as the banking theory and corporate governance theory. (uni-muenchen.de)
  • In recommending the external auditor's expertise to address principal agent problems, it draws attention to the audit committee's roles, both as a vital and complementary corporate governance tool, and also considers recurring problems which still persist with some financial reporting standards. (uni-muenchen.de)
  • It also highlights the importance of measures which need to be in place if the external auditor's contribution to corporate governance is to be maximised. (uni-muenchen.de)
  • Corporate governance needs revamped if we are to move from a model of value extraction, which accelerates wealth inequality, to one of value creation. (corpgov.net)
  • In sum, the private equity governance model creates a number of corporate governance costs that are endemic to the industry and are largely unrecognized as a potential source of conflict between private equity firms and their investors. (nakedcapitalism.com)
  • This research paper examines the impact of risk governance on the risk-taking of public commercial banks of Organization for Economic Co-operation and Development (OECD). (utu.fi)
  • Risk-taking by banks goes back to several centuries. (utu.fi)
  • There have been notable efforts to curb negative outcome of excessive risk-taking, however, thus far there has not been profound resolution to address and channel risk-taking in banks. (utu.fi)
  • Since the end of 1900 the term risk governance was introduced which was later incorporated into banking industry in the most recent decade to curb and channel banks' risk-taking. (utu.fi)
  • In this research several risk governance characteristics are studied which are central to banks' internal risk governance. (utu.fi)
  • Our results suggest that there is an association between risk governance and risk-taking of banks and this association between risk governance intensity and risk-taking is stronger during the Global Financial Crisis of 2007-08 (GFC). (utu.fi)
  • This research provides insights to internal risk governance of public commercial banks and its impact on their risk-taking which is relevant to related authorities and personnel. (utu.fi)
  • Easier bank entry lowered borrowers' risk taking by (1) eroding borrowers' ability to commit to long-term relationships with incumbent banks, and (2) making cheap credit available from new entrants. (ssrn.com)
  • The contribution of shadow banks to systemic risks in the financial system is much larger in the United States than in Europe. (imf.org)
  • In addition, the euro area addressed risks in banks' balance sheets with an unprecedented project in 2014 - the comprehensive assessment. (europa.eu)
  • In terms of capital, banks in Europe are therefore much better prepared for those risks that cannot yet be foreseen. (europa.eu)
  • It is these risks that are particularly relevant for risk management in banks, following an economic dictum that has been attributed to several people over the years, including an author of science fiction novels and an American General. (europa.eu)
  • which was recently made publicly available on SSRN, we examine how board independence and the percentage of financial experts among independent directors relate to risk taking and performance of commercial banks during the period from 2003 to 2008, which includes the most recent financial crisis. (harvard.edu)
  • During the most recent financial crisis, banks and other financial institutions have been accused of engaging in excessive risk taking. (harvard.edu)
  • Lastly, there is weak evidence that the higher risk taking levels of commercial banks with more independent financial expertise is related to better stock performance in the year prior to the crisis. (harvard.edu)
  • Overall, our results challenge the regulators' view that more financial expertise on the boards of banks would unambiguously lower their risk profile. (harvard.edu)
  • Does board composition and ownership structure affect banks' systemic risk? (springer.com)
  • In this paper, we expand the scarce literature regarding the effects of ownership structure and board composition on market measures of banks' systemic risk. (springer.com)
  • Based on a sample of 87 European banks over the period 2010-2016, we provide evidence that ownership concentration has a non-monotonic (inverted u-shape) relationship with systemic risk. (springer.com)
  • Additionally, we find that board characteristics (board size and gender) affect a bank's systemic risk, but for small banks only. (springer.com)
  • Overall, our evidence suggests that the traditional banks' size-focused approach to systemic risk study should be complemented with governance dimensions, especially in a context like the European one, where ownership concentration is high. (springer.com)
  • Our results also imply that practitioners and policymakers should promote better governance practices in banks in the form of more adequate ownership and board structures that are better able to control systemic risk. (springer.com)
  • In fact, Stulz [ 100 ] concludes that the success of banks and the health of the financial system depend in a critical manner on their risk management. (springer.com)
  • Banks' systemic risk literature has traditionally focused on two fields. (springer.com)
  • The sample was built up by including banks not only from the largest European countries (which typically include the largest banks and, hence, easier access to information), but also from the remainder European ones, in order to consider each country specificity in terms of governance. (springer.com)
  • Now more than ever, banks need to bolster their commercial real estate (CRE) risk management capabilities, as more and more cracks have emerged in CRE portfolios. (garp.org)
  • IRGC's work is rooted in the IRGC Risk Governance Framework, which was developed to provide guidance to organizations and society for identifying and managing risks in situations of complexity, uncertainty or ambiguity. (wikipedia.org)
  • In financial markets rife with uncertainty and volatility, figuring out how to create and properly use a risk appetite statement (RAS) is a daunting task. (garp.org)
  • If uncertainty is where the risk relies on, and speed is its catalyst, there is only one path forward by developing new methodologies. (realinstitutoelcano.org)
  • In 2016, the Council became the International Risk Governance Center (IRGC) at EPFL, where it continues to develop the original mission and activities. (wikipedia.org)
  • When Stacy Brown-Philpot took the helm in 2016 at TaskRabbit , the venture-backed online marketplace that matches freelance labor (called "taskers") with local demand, she became the first Black woman CEO of a tech company in Silicon Valley. (stanford.edu)
  • In addition the Regional Office continued in 2015 and 2016 to develop concrete technical guidance that will enable countries to implement measures recommended in the four areas of the regional framework (governance, surveillance, prevention and health care) based on evidence, international experience and best practice. (who.int)
  • For most financial institutions, the need to have strong overall data quality, management and reporting practices for risk and financial information is nothing new. (sas.com)
  • Many risk and financial managers will recall that in the early 2000s, the banking industry came under scrutiny for having, in some cases, grossly insufficient controls and management practices in place around their financial data and reporting. (sas.com)
  • The composition of the board of directors should be a reliable proxy of how well the board can process information provided by insiders and advise as well as monitor the bank's risk taking practices in the best interests of its shareholders. (harvard.edu)
  • SVB's governance and risk management practices came under fire in. (garp.org)
  • How is your governance structure set up to prevent corruption, bribery, and unethical work practices? (marsh.com)
  • The conference also suggested the use of both extrinsic (e.g. physical containment, good laboratory practices, education and training of laboratory workers) and intrinsic (e.g. nontransmissible and fastidious vectors) safety barriers as risk mitigation tools. (cdc.gov)
  • The top 10 List of Global Risks is made up of five environmental issues (the most important of which being extreme weather events, and failure of climate-change mitigation and adaptation), two technology-related risks (data fraud or theft, and cyber-attacks), two societal challenges (large-scale involuntary migration, and water crises), and the last one, economic in nature (asset bubbles). (realinstitutoelcano.org)
  • Renewed focus on environmental, social, and governance issues represents a huge opportunity. (marsh.com)
  • Environmental, social, and governance (ESG) issues represent a huge opportunity for businesses across the Middle East and Africa (MEA). (marsh.com)
  • Before we look at how MEA firms can better manage ESG issues, let's take a step back and define what environmental, social and governance means. (marsh.com)
  • environmental and social determinants of health and governance systems. (who.int)
  • The research shows that deltas face multiple risks, and that population growth and poor environmental governance might pose bigger threats than climate change to the sustainability of Asian and African deltas, in particular. (lu.se)
  • Furthermore, there was no correlation between employees who had taken the course and those found to have a security violation during the February 2019 security sweep. (gc.ca)
  • We examine how boards can help their organisations manage risk more effectively and foster resilience in such uncertain times. (icaew.com)
  • Country Capacity refers to the combination of strengths, attributes, and resources available within a country to effectively manage and reduce health emergency risks while enhancing resilience. (who.int)
  • One of the many myths aggressively promoted about private equity is that it allegedly has a better governance structure than public markets. (nakedcapitalism.com)
  • Our results show that firms with more effective governance exhibit corporate strategies that are significantly less risky. (psu.edu)
  • Effective governance, however, reduces the degree of risk-taking significantly. (psu.edu)
  • Our research shows that half of the top 500 charities have 15 of the top 20 drivers of effective governance in place ( Delivering Effective Governance ) . (dsc.org.uk)
  • Managing at the Leading Edge , Delivering Effective Governance , Building Outstanding Leadership Teams and One Minute Governance Tips from his Checklist column of Third Sector Magazine. (dsc.org.uk)
  • Regulatory agencies have stated that it is critically important that an institution report holistically and accurately on their key risk indicators, exposures, assets, liabilities, etc., across the entire firm for all major risk areas. (sas.com)
  • A high-performance risk engine can quickly aggregate positions and exposures and perform a variety of risk calculations with many portfolios supported (e.g., banking and trading book). (sas.com)
  • 1. Take immediate actions to stop current and future exposures. (cdc.gov)
  • Despite the importance and prevalence of corporate political activities in modern organizations, there remains limited insights on the potential relationship between political contributions and companies risk-taking activities. (open.ac.uk)
  • Can Your ERM Framework Accommodate Risk Entanglement? (garp.org)
  • The framework has three key components: monitoring of key risks and determinants, assessing health status including cause-specific mortality and measuring health system response. (who.int)
  • The HEPR framework encompasses proposals and ongoing efforts related to governance, financing and systems based on the lessons learned from the COVID-19 pandemic and other emergencies and more than 300 recommendations from various independent reviews. (who.int)
  • We next examine the relationship between risk-taking of the bank holding company and several board characteristics. (uno.edu)
  • We further investigate the relationships between risk-taking and board characteristics changed during the financial crisis of 2007-2009. (uno.edu)
  • Theoretical/Academic Implications The paper provides evidence of a disciplining effect of the critically important governance legislation on firms with entrenched management. (cardiff.ac.uk)
  • Programmatic risk data management will lead to better decision making across your enterprise. (sas.com)
  • It exists to improve the understanding, management and governance of emerging and systemic risks that may have significant adverse consequences for human health and the environment, the economy and society. (wikipedia.org)
  • Risk analysis Risk governance Risk management Mission and Purpose IRGC. (wikipedia.org)
  • It is a great pleasure to be here today, as it gives me a welcome opportunity to exchange ideas on risks and risk management with high-ranking risk managers. (europa.eu)
  • Discussing topics of risk management is doubtless necessary given the current macroeconomic environment. (europa.eu)
  • But while this may be the bread and butter of portfolio management, risk governance to some may be new territory. (risk.net)
  • Quality and safety of patient care are intimately interlinked with clinical and organisational governance and management. (nature.com)
  • The Board should be satisfied that the decisions and actions of Senior Management are consistent with the Board-approved business plan, strategy and risk appetite of the FRFI, and that the corresponding internal controls are sound. (gc.ca)
  • You need to centralize and monitor risk management while meeting compliance and reporting needs. (ibm.com)
  • IBM® offers comprehensive, product-agnostic governance, risk and compliance services from strategy through execution, providing guidance and support to select, integrate and automate multiple risk management programs. (ibm.com)
  • Centralize risk management to easily demonstrate regulatory compliance to stakeholders. (ibm.com)
  • Design, deployment and integration for GRC tools to meet your needs for cyber security, GRC and IT risk management initiatives. (ibm.com)
  • Connect security risk management with the overall business by quantifying security risk in financial terms. (ibm.com)
  • How many more failures are needed before the banking industry realizes that a more proactive, hands-on approach to risk management is clearly needed? (garp.org)
  • The stunning collapse of FTX is an age-old story of management hubris, excessive risk-taking and insufficient regulation and risk management. (garp.org)
  • Our risk management frameworks have not advanced commensurate with the level and trajectory of risk over time. (garp.org)
  • Good risk management, therefore, is key to helping organisations thrive - not just survive. (icaew.com)
  • The management of risk has come a long way in the last 10 years. (icaew.com)
  • When we first wrote a guideline for the Faculty, the term 'risk management' was still evolving. (icaew.com)
  • With environment, social, and governance (ESG) reporting at the top of the organizational agenda, you need a comprehensive performance management solution that provides transparency to all stakeholders and regulators. (oracle.com)
  • Like the Kids Company and Broken Rainbow trustees, these people had to take risks, but they balanced to desire to champion their cause with the need to build organisations with the robust governance and management required to ensure long term success. (dsc.org.uk)
  • The only book out there that covers in one volume management, governance and leadership tailored specifically for the civil society sector. (dsc.org.uk)
  • Both national and local governments are expected to strengthen their disaster risk reduction (DRR) capacity, which calls for the multi-hazard management of disaster risk at all levels and across all sectors. (bvsalud.org)
  • Welcome to discuss with scholars in Peacebuilding and Governance, Risk- and Management Studies, Anthropology, and Political Science. (lu.se)
  • GRC platform advisory services, strategic guidance and governance. (ibm.com)
  • The Conference took note of the guidance document and called for its further development by the secretariat and UNITAR in consultation with other stakeholders. (cdc.gov)
  • We study how out-of-state bank entry affects non-financial firms' risk taking. (ssrn.com)
  • Firms switching borrowers increased capital expenditures and kept R&D expenses stable but reduced R&D risk. (ssrn.com)
  • Research Question/Issue This paper examines how enhanced monitoring by corporate boards following the passage of the Sarbanes‐Oxley Act of 2002 and concurrent reforms to stock exchange rules (SOX) mitigated risk‐related agency conflicts prevalent in entrenched firms. (cardiff.ac.uk)
  • The findings suggest that, by imposing an additional layer of discipline on managers, SOX increased managers' willingness to take on riskier, but more value‐enhancing projects that were previously stifled in entrenched firms. (cardiff.ac.uk)
  • Other mechanisms need to be considered to enhance risk‐taking in entrenched firms operating in high cost information environment. (cardiff.ac.uk)
  • This study examines the relationship between monetary political contributions of firms and corporate risk-taking activities in the context of unstable political and economic environments. (open.ac.uk)
  • The findings demonstrate that firms that make monetary political contributions exhibit lower levels of risk as measured by different proxies for risks, namely, systematic, idiosyncratic and total risk. (open.ac.uk)
  • With investors, employees, customers, suppliers, and other stakeholders taking a keener interest in ESG, firms that can position themselves as leaders on the key issues can put themselves on a path to sustainable growth. (marsh.com)
  • Left to their own devices, managers tend to take excessive risk. (psu.edu)
  • The result is that private equity sponsors have financial incentives to take excessive risk in their investment strategies. (nakedcapitalism.com)
  • Once again, common themes around gaps in data completeness and accuracy, issues with aggregation and consolidation of information, reporting errors, and deficiencies in controls and overall governance emerged. (sas.com)
  • If anything, law professor William Magnuson's The Public Cost of Private Equity winds up being charitable by virtue of needing to speak to non-experts and thus cover only the main features, as in deficiencies, of the private equity governance model. (nakedcapitalism.com)
  • Future work should take into account deficiencies in the healthcare system and identify this as a public health problem. (cdc.gov)
  • An additional supportive layer has been added to the core internal risk governance which includes director's ownership, directors with PhD degrees, directors between the age of 65-75, and independent directors. (utu.fi)
  • The impact of bank regulations on risk taking and the need for a consideration of ownership structures are amongst other issues which are considered. (uni-muenchen.de)
  • Eisenmann, Thomas R. " The Effects of CEO Equity Ownership and Diversification on Risk Taking . (hbs.edu)
  • As it's currently constructed, the volatile U.S. housing finance system is dominated by a pair of government-sponsored enterprises (GSEs) and is vulnerable to systemic risk. (garp.org)
  • Risks to deltas will only increase over time, so now is the time for governments to take action, says Murray Scown, associate senior lecturer, Lund University Centre for Sustainability Studies, and lead author. (lu.se)
  • If you want to take your digital governance beyond simply adhering to regulation and use it to drive and unite your business, then you're in luck! (bizagi.com)
  • Solved] Describe how process innovation, risk taking, health policy analysis, and governance sense-making provide balance for stakeholders. (excellingpaper.com)
  • Then governance becomes a part of innovation, not an obstacle. (bizagi.com)
  • IRGC interacts with the EPFL community and contributes a risk governance approach to their activities. (wikipedia.org)
  • Risk governance is a systematic approach to the actions and processes an organisation uses to avoid or reduce human and economic errors. (risk.net)
  • Matthias Hofferberth writes that "Global Policymaking is a gem and provides an accurate, ambitious, and yet ultimately modest approach to the study of global governance. (globalpolicyjournal.com)
  • He suggested the GOP should model itself after DeSantis's "unapologetic" approach to governance. (yahoo.com)
  • View and edit supporting compliance documentation as per your controls, so you have a seamless approach to your governance. (itgovernance.co.uk)
  • With an increase in the risk of compound hazards, it has become important to take a new, innovative, and non-traditional approach. (bvsalud.org)
  • According to the Basel Committee on Banking Supervision (BCBS), the term risk data aggregation means "defining, gathering and processing risk data according to the bank's risk reporting requirements to enable the bank to measure its performance against its particular risk tolerance/appetite. (sas.com)
  • The core risk governance consists of Risk Committee (RC), Chief Risk Officer (CRO), and Chief Financial Officer (CFO). (utu.fi)
  • However, prolonged monetary ease may also encourage excessive financial risk taking. (imf.org)
  • Chapter 1 concludes that although economic benefits of monetary ease are becoming more evident in some economies, market and liquidity risks have increased to levels that could compromise financial stability if left unaddressed. (imf.org)
  • The best way to safeguard financial stability and improve the balance between economic and financial risk taking is to put in place policies that enhance the transmission of monetary policy to the real economy-thus promoting economic risk taking-and address financial excesses through well-designed macroprudential measures. (imf.org)
  • Financial institutions' risk data aggregation and reporting techniques and systems are receiving increased attention both internally and externally. (sas.com)
  • After the financial crisis, the importance of data accuracy for risk and financial reporting took on increased significance, with regulators increasing requirements for stress testing and capital adequacy. (sas.com)
  • When the committee released BCBS 239: Principles for Effective Risk Data Aggregation and Reporting in 2013, it established a number of foundational principles for all financial institutions to provide strong governance around their risk data and reporting. (sas.com)
  • This is particularly true for the financial market, whose core function is to allocate risks. (europa.eu)
  • Each and every financial institution must therefore cope with risks. (europa.eu)
  • Do Independence and Financial Expertise of the Board Matter for Risk Taking and Performance? (harvard.edu)
  • Because boards are ultimately legally responsible for all major operating and financial decisions made by the firm, the recent crisis has been viewed by many as a general failure of board governance in the banking sector. (harvard.edu)
  • Interestingly, we find that the level of financial expertise among independent directors is positively related to risk taking both before and during the financial crisis using market-based risk measures. (harvard.edu)
  • In particular, the presence of financial experts among independent directors is related to more risk taking in the run-up to the crisis. (harvard.edu)
  • We do not find evidence for a reverse causality channel explanation of our results, whereby a powerful CEO would choose a higher risk profile and select independent financial experts to rubber stamp his strategy. (harvard.edu)
  • Our results could be explained by the fact that independent financial experts, with a fiduciary duty to shareholders, understand the residual nature of the equity claims and will generally favor more risk taking. (harvard.edu)
  • Another explanation could be that external financial experts are more willing to let their bank participate in more risk-taking activities due to their familiarity and understanding of complex financial instruments. (harvard.edu)
  • The CEO of JP Morgan Chase discusses the financial meltdown, why his firm survived, and how risk should be taken in the best interest of clients. (stanford.edu)
  • In the aftermath of the financial crisis, risk governance has emerged as a key topic. (risk.net)
  • It reviews both the general experience of risk reporting to date and the risk reporting of financial institutions before the crisis, considers why risk reporting is thought to have been disappointing (Chapter 3), and suggests ways to improve it. (icaew.com)
  • We use four accounting based proxies for bank risk-taking including credit risk, liquidity risk, capital ratio and operational risk. (uno.edu)
  • Integrate real-time data into your governance, risk and compliance tools to manage risk and automate testing. (ibm.com)
  • This article will explore ways to effectively manage third-party risks so you can confidently bring vendors on board. (ibm.com)
  • Our consulting, brokerage, and claims advocacy services leverage data, technology, and analytics to help you better quantify and manage risk. (marsh.com)
  • To help you manage the risks associated with ESG and tap into some of the opportunities, we have developed 6 steps to support you at each stage of the journey. (marsh.com)
  • It shows that it is possible to manage compound hazard risks with effective preparedness. (bvsalud.org)
  • For other deltas, it is the lack of economic capacity and government effectiveness to manage risks, for example in the Irrawaddy (Myanmar) and Congo (Angola and Democratic Republic of the Congo) deltas. (lu.se)
  • IRGC develops risk governance strategies that focus on involving all key stakeholder groups, including citizens, governments, businesses and academia. (wikipedia.org)
  • We find that a large board reduces both balance sheet and market risk. (uno.edu)
  • However, majority independent board and fully independent audit and compensation committees do not rein in CEO's risk aversion. (cardiff.ac.uk)
  • The Board is responsible for the FRFI's business plan, strategy, and risk appetite and culture. (gc.ca)
  • These drivers include working well as a team, ensuring meetings deliver excellent governance and that the board has the required skills and experience. (dsc.org.uk)
  • He is a member of the Editorial Board of Governance magazine. (dsc.org.uk)
  • By exploiting the 1990s staggered regulatory reforms across U.S. states that allowed interstate banking and branching, we show that out-of-state bank entry reduced borrowers' risk taking. (ssrn.com)
  • Chapter 2 examines the growth of shadow banking around the globe, assessing risks and discussing regulatory responses. (imf.org)
  • Although shadow banking takes vastly different forms within and across countries, some of its key drivers tend to be common to all: search for yield, regulatory circumvention, and demand by institutional investors. (imf.org)
  • Better, faster risk data aggregation and reporting processes are essential to compete successfully and avoid unnecessary regulatory and reputational hits. (sas.com)
  • Within complex technological environments, innovations such as operational technology (OT), Internet of Things (IoT) and Quantum can leave your enterprise open to third-party and IT regulatory compliance risks. (ibm.com)
  • IRGC develops risk governance concepts and has developed numerous frameworks, including on the governance of emerging and systemic risks. (wikipedia.org)
  • These frameworks are applied to a wide range of specific risk domains. (wikipedia.org)
  • Can China Take the Lead in the UN Biodiversity Process? (lu.se)
  • Learn how IBM Active Governance Services (AGS) help take the guesswork out of managing cybersecurity risk and compliance. (ibm.com)
  • Managed governance, risk and compliance programs for ongoing administration activities for GRC tools, upgrades, internal audits and continuous assessments. (ibm.com)
  • What assessments of climate transition and physical risk have you conducted on your business? (marsh.com)
  • Map documentation and data flows, conduct risk assessments and DPIAs (data protection impact assessments), track your compliance gaps and record actions taken - all in one powerful tool. (itgovernance.co.uk)
  • Conduct faster, simpler, error-free risk assessments. (itgovernance.co.uk)
  • Current hazard or risk assessments can rely on country risk assessment reports, recurring events, ongoing events in other countries, and various other sources. (who.int)
  • Some participants urged ATSDR to withdraw the conclusions from the previous Public Health Assessments in order to take a "fresh look" at the data. (cdc.gov)
  • Addressing climate change risk head on enables risk managers to be ahead of the game on ESG-related concerns. (riskandinsurance.com)
  • Land-use change, animal husbandry, and commercial wildlife markets and trade create opportunities for spillover, and climate change is further increasing the risk for infectious disease emergence ( 4 ). (cdc.gov)
  • While climate change is a global problem, other important risk factors like land subsidence, population density and ineffective governance are local problems. (lu.se)
  • What are the compounded risks resulting from climate change and contributing to conflict? (lu.se)
  • Costly, impactful operational risk events - ranging from fraud, money laundering and record-keeping failures to geopolitical risk and Libor manipulation - grabbed many headlines in 2022. (garp.org)
  • We also use three market based proxies for bank risk including market beta, idiosyncratic risk and the standard deviation of its stock return. (uno.edu)
  • What are the key factors behind the emergence of fraud risks and how should organisations ensure their controls are fit for purpose? (icaew.com)
  • A large set of organisations constantly devotes their efforts to identify major global risks . (realinstitutoelcano.org)
  • Practitioner/Policy Implications The paper has implications for the ongoing debate among policy‐makers and legislators on the costs and benefits of SOX and for future governance reforms. (cardiff.ac.uk)
  • Risk-taking is measured by leverage, σ (ROA), Equity Asset Ratio (EAR), and Z-score. (utu.fi)
  • Compliance is more than just about helping your company to avoid fines and mitigate risk. (bizagi.com)
  • The results suggest that political contributions can be a useful mechanism to mitigate risk exposure. (open.ac.uk)
  • The Swiss Federal Assembly then created the International Risk Governance Council to bridge increasing gaps between science, technological development, decision-makers, and the public. (wikipedia.org)
  • States Parties and other entities working to reduce the risk of global health threats can use the benchmarks and suggested actions in their national planning and investment processes to address gaps, including those identified by the IHR MEF, DPM, UHPR and other assessment tools. (who.int)
  • Thousands of people took part in Halloween celebrations in Shanghai this week, some of whom used the occasion to highlight economic and social problems. (cnn.com)
  • Risk Communication(s) refers the real-time exchange of information, advice and opinions between experts or officials and people who face a threat (hazard) to their survival, health or economic or social well-being. (who.int)
  • Doing so requires a willingness to take on real political risk to fight for the American people. (yahoo.com)
  • The paper underscores the roles of an independent compensation committee and information cost in alleviating managerial risk avoidance. (cardiff.ac.uk)
  • In smaller companies it is likely that there will not be a separate risk committee and risk will be the responsibility of the audit (or audit and risk) committee. (icaew.com)
  • While regulators worked diligently to address capital adequacy issues with stress testing and other quantitative and qualitative reviews, they also began to look more closely at risk data aggregation. (sas.com)
  • In the question-and-answer session that could have been subtitled, "Jamie Dimon's Leadership Lessons," the 52-year-old executive said risk-taking has to be calculated: "You've got to decide what you want to do and what happens if it goes wrong," he said. (stanford.edu)
  • How can you be an innovative business when you need to ensure governance and compliance for every process hosted on your technology platform? (bizagi.com)
  • It's also why compliance and governance are sometimes seen as a barrier to getting new approaches to market. (bizagi.com)
  • But if you design compliance into your processes by default, you can mitigate risks without slowing projects down. (bizagi.com)
  • See why cyber security risk and compliance have become priorities in the boardroom. (ibm.com)
  • Similarly in the data space, we are seeing an evolution of process, systems and governance, and better ways to govern the ecosystem with economic, cultural, compliance and human risk woven around data governance. (thoughtworks.com)
  • Its ultimate purpose is that everyone at risk is able to take informed decisions to mitigate the effects of the threat (hazard) such as a disease outbreak and take protective and preventive action. (who.int)
  • The risk and hazard to countries can be probabilistically determined as a function of hazard, exposure, vulnerability, and capacity. (who.int)
  • Additionally, this compound disaster affected evacuation decision making, where to evacuate, volunteer participation in mitigation and recovery, volunteer support acceptance, and interest in other hazard risks. (bvsalud.org)