The Routledge Companion to Strategic Risk Management
1st Edition
Published on 17. December 2015
Book
Hardback
522 pages
978-1-138-01651-4 (ISBN)
Description
Managing risk in and across organizations has always been of vital importance, both for individual firms and for the globalized economy more generally. With the global financial crisis, a dramatic lesson was learnt about what happens when risk is underestimated, misinterpreted, or even overlooked. Many possible solutions have been competing for international recognition, yet, there is little empirical evidence to support the purported effectiveness of these regulations and structured control approaches, which leaves the field wide open for further interpretation and conceptual development.
This comprehensive book pulls together a team of experts from around the world in a range of key disciplines such as management, economics and accounting, to provide a comprehensive resource detailing everything that needs to be known in this emerging area. With no single text currently available, the book fills a much needed gap in our current understanding of strategic risk management, offering the potential to advance research efforts and enhance our approaches to effective risk management practices.
Edited by a globally recognized expert on strategic risk management, this book will be an essential reference for students, researchers, and professionals with an interest in risk management, strategic management and finance.
This comprehensive book pulls together a team of experts from around the world in a range of key disciplines such as management, economics and accounting, to provide a comprehensive resource detailing everything that needs to be known in this emerging area. With no single text currently available, the book fills a much needed gap in our current understanding of strategic risk management, offering the potential to advance research efforts and enhance our approaches to effective risk management practices.
Edited by a globally recognized expert on strategic risk management, this book will be an essential reference for students, researchers, and professionals with an interest in risk management, strategic management and finance.
Reviews / Votes
'The Routledge Companion to Strategic Risk Management provides broad, cutting-edge coverage on the subject. Academics and practitioners interested in the subject should definitely read this book.' - Betty Simkins, Professor of Finance and Williams Companies Professor of Business, Oklahoma State University, USA'This book provides very valuable discussions and insights into strategic risk management. A great strength is the breadth of risk-related issues it addresses including, for example, governance, ethics, resilience and leadership. The different backgrounds of the authors afford a significant range of perspectives and insights into this hugely important topic.' - Philip Linsley, Professor, University of York, UK
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
73 s/w Abbildungen, 73 s/w Zeichnungen, 40 s/w Tabellen
40 Tables, black and white; 73 Line drawings, black and white; 73 Illustrations, black and white
Dimensions
Height: 246 mm
Width: 174 mm
Weight
1084 gr
ISBN-13
978-1-138-01651-4 (9781138016514)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Torben Andersen
The Routledge Companion to Strategic Risk Management
Book
12/2019
1st Edition
Routledge
€66.00
Shipment within 15-20 days
Torben Andersen
The Routledge Companion to Strategic Risk Management
E-Book
12/2015
1st Edition
Routledge
€66.99
Available for download
Torben Andersen
The Routledge Companion to Strategic Risk Management
E-Book
12/2015
1st Edition
Routledge
€67.49
Available for download
Person
Torben Juul Andersen is Professor of Strategy and International Management and Director of the Center
for Global Strategic Responsiveness at Copenhagen Business School, Denmark
for Global Strategic Responsiveness at Copenhagen Business School, Denmark
Content
Introduction (Torben Juul Andersen) Part I: Risk Governance Perspectives 1. Complexity, Uncertainty and Ambiguity in Inclusive Risk Governance (Ortwin Renn und Andreas Klinke) 2. The Governance of Strategic Risk Taking (Maxine Lorraine Garvey) 3. Risk Management and Ethical Cultures (Peter C. Young, Douglas J. Jondle, T. Dean Maines and Michelle Rovang Burke) 4. The Key to Sustainable Risk Governance: Strong core values, delegation and accountability (Gregory L. Shaw and Torben J. Andersen) 5. The Risk Management Paradox: Enhanced focus on risk management seemingly doesn't pay off! (Peter Winther Schroder) Part II: The Management of Strategic Risk 6. Risk and Uncertainty: A taxonomy of strategies (Richard Friberg) 7. Reflections of Integrated Risk Management (Kent D. Miller) 8. Can Strategic Risk Management Contribute to Enterprise Risk Management? A strategic management perspective (Phil Bromiley, Devaki Rau, and Michael McShane) 9. The Symbiosis of Failure: The strategic dynamics of risk and resilience (Denis Fischbacher-Smith) 10. Innovation: Managing strategic risk (Luca Gatti) Part III: Corporate Risk Management Insights 11. The LEGO Group implementation of Strategic Risk Management (Hans Laessoe) 12. The Enterprise Risk Management (ERM) Story: Experiences from Nestle (Markus Schaedeli) 13. Strategic Risk Management in Suncorp Personal Insurance (Kirsten Dunlop and Mark Milliner) 14. Risk Taking for the Modern Risk Leader: A fresh perspective of trust, transparency, and social media (Kathleen Edmond, Michelle Rovang and Douglas Jondle) Part IV: The Managerial Impact on Risk Outcomes 15. Reflections on "How Psychological Pitfalls Generated the Global Financial Crisis" (Hersh Shefrin) 16. Risk as Feeling in Risk Taking and Risk Management in Organizations (Laurel C. Austin) 17. Diagrams for Strategic Risk Management (Baruch Fischhoff) 18. Capital Structure, Environmental Dynamism, Innovation Strategy, and Strategic Risk Management (Torben Juul Andersen) 19. Effective Risk Management: Do we have the right management skills and employee competences? (Simon Torp) Part V: Effects of Enterprise Risk Management 20. The Effects of Enterprise Risk Management on Firm Performance (Don Pagach and Richard Warr) 21. An Empirical Examination of Risk Management Effectiveness (Leen Paape and Roland F. Spekle) 22. Does Enterprise Risk Management Create Value for Firms?: Evidence from Nordic countries (Naciye Sekerci) 23. Strategic Risk Management and Corporate Value Creation (Oliviero Roggi and Torben Juul Andersen) 24. Creating Value through Strategic Risk Management (Kim B. Staking) Part VI: Other Aspects of Strategic Risk Management 25. Enterprise Risk Management: The need for distinguishing between task risk and enterprise risk management (Eyvind Aven and Terje Aven) 26. High Reliability and the Management of Critical Infrastructures (Paul Schulman, Emery Roe, Michel van Eeten and Mark de Bruijne) 27. The Opaque Corners of ERM (S. Abraham (Avri) Ravid) 28. Aggregating Predictions of Operational Uncertainties from the Frontline: A new proactive risk management practice (Carina Antonia Hallin) 29. Understanding Common Network Patterns to Improve Management of External and Internal Stakeholder Risks (Eva Schiffer)