Enterprise Risk Management: Advances on its Fou, Aven, Thekdi Paperback..

Taylor & Francis

Enterprise Risk ManagementAdvances on its Foundation and Practice\nAuthor(s): Terje Aven, Shital Thekdi\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032082691, 978-1032082691\nSynopsis\nEnterprise Risk Management: Advances on its Foundation and Practice relates the fundamental enterprise risk management (ERM) concepts and current generic risk assessment and management principles that have been influential in redefining the risk field over the last decade. It defines ERM with a particular focus on understanding the nexus between risk, uncertainty, knowledge and performance.\n\nThe book argues that there is critical need for ERM concepts, principles and methods to adapt to the latest and most influential risk management developments, as there are several issues with outdated ERM theories and practices; problems include the inability to effectively and systematically balance both opportunity and downside performance, or relyin.