BOOK

Enterprise risk management : advances on its foundation and practice

Aven, Terje, author, Thekdi, Shital, author

2020

Overview

\"Enterprise 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. The 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and methods to adapt to the latest and most influential risk management developments, as there are several issues with outdated ERM theories and practices; problems include the inability to effectively and systematically balance both opportunity and downside performance, or relying too much on narrow probability-based perspectives for risk assessment and decision-making. It expands traditional loss-based risk principles into new and innovative performance-risk frameworks, and presents fundamental risk principles that have recently been developed by the Society for Risk Analysis. All relevant statistical and risk concepts are clearly explained and interpreted using minimal mathematical notation. The focus of the book is centered around ideas and principles, more than technicalities. The book is primarily intended for risk professionals, researchers and graduate students in the fields of engineering and business. The book should also be of interest to executive managers and policy makers with some background in quantitative methods such as statistics\"-- Provided by publisher.

• Publisher: Routledge
• Subject: Risk management. / Uncertainty.
• ISBN: 9781138386235, 1138386235

Item info:

2 items available

2 items total in all locations

Holdings :

Call Number	Copies	Material	Location
HD61.A936 2020	1	BOOK	BUSINESS
	1	BOOK	AUTOSTORE