A Risk Governance Index

Title
A Risk Governance Index
Publication Date
2011
Author(s)
Vaidun Vidyadhar, Sujatha
Hovey, Martin
Type of document
Conference Publication
Language
en
Entity Type
Publication
Publisher
Social Science Research Network (SSRN)
Place of publication
Online
DOI
10.2139/ssrn.1918309
UNE publication id
une:10313
Abstract
This paper aims to investigate the behaviour of the board regarding the effective identification and governance of risk by providing strategic direction and verifying the responsible use of resources resulting in better performance. This is achieved by constructing a risk governance index for a given corporation. The various elements affecting risk governance by the board of directors are captured in the risk governance index. For each board, we assign a value for each risk governance benchmark that is met. The index is a measure of the strength of the risk governance function at the given corporation in each year. If risks are well managed in a company then investors will be willing to invest in their projects and this will allow the company to seek the necessary resources required to implement their business strategy.
Link
Citation
Presented at the Personal Finance and Investment Conference, p. 1-24
Start page
1
End page
24

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