ERM Leadership and Risk Governance Articles Page 8 Index:P140 | ERM Library | ERM - Enterprise Risk Management Initiative

May 1, 2009

Increasing Oversight by Audit Committees

Audit committees are responding to the recent financial crisis by refocusing and increasing their oversight efforts. Committees report a renewed focus on the “basics” of oversight that include better education...

May 1, 2009

Getting Risk Appetite Right

While the concept of a risk appetite framework is sound and can provide many benefits to organizations, many of these frameworks failed during the current crisis due to design and...

April 15, 2009

Risk Culture of Companies

Risk culture is an area of risk management that has become a recent focus for many boards. Risk culture is the system of values and behaviors present in an organization...

March 31, 2009

Effects of Economic Crisis on Corporate Governance

The economic crisis is impacting the future of corporate governance. With boards being one of the players blamed for the crisis, their roles are shifting and growing in importance, with...

March 1, 2009

Audit Committee Member Survey

The 4th Annual Public Company Audit Committee Member Survey was sponsored by KPMG’s Audit Committee Institute and the National Association of Corporate Directors (NACD). Between November 2008 and February 2009, 280 audit...

March 1, 2009

Key Areas of Concern in Corporate Governance

Strong corporate governance is essential for boards as they are positioned to lead the way in implementing measures that contribute to economic growth and sustainability. There are four areas of...

February 1, 2009

Internal Auditors Partnership with Management

Internal auditors in the past have been used to examine how well management is performing and how well the company is operating. Now there is a need for internal auditors...

February 1, 2009

Boards Emphasize Risk Management to Survive Current Economic Crisis

KPMG’s Audit Committee Institute hosted a national conference with the goal of discussing the current challenges, practices and priorities facing audit committees and boards. Among the results, the professionals...

January 1, 2009

Financial Industry Assesses Role of Risk in Credit Crisis

This global survey conducted by KPMG in conjunction with the Economist Intelligence Unit in October 2008 summarizes responses from over 500 world-wide risk management senior officers in the banking industry about the...

January 1, 2009

Global Risk Management Survey

Risk management today is becoming increasingly important to the marketplace because of the financial instabilities felt by all. This turbulent atmosphere in the marketplace since the early part of 2008 has...

December 31, 2008

Costs Associated with Regulatory Risks

A significant portion of an organization’s enterprise risk management efforts in both time and dollars may be spent on compliance and regulatory risks. Compliance with federal regulations cost approximately $1.157...

December 1, 2008

Board Oversight of Risk Management and Executive Compensation

Boards of directors have fiduciary responsibilities to shareholders and there are several “pressure points” they can address to ensure fulfillment of these duties. One pressure point for boards is risk...

November 1, 2008

Improving Board Risk Oversight

This report discusses how a person’s perceptions shape their views of risk. Because of varying views of risk, boards are prone to different interpretations of its responsibilities for risk...

November 1, 2008

Improving Board Risk Oversight

The spotlight has turned to boards and the result is boards are trying to assess how they should strengthen their own processes to enhance their effectiveness in risk oversight. While...

October 22, 2008

Role of Risk Managers and Continuity Planning

Risk management executives have come to the realization that a cohesive corporate risk management strategy is needed in their companies. They are becoming more involved with business continuity planning and...

October 1, 2008

Preparing For S&P Integration of ERM

Standard and Poor’s (S&P) is integrating an evaluation of enterprise risk management (ERM) into corporate credit ratings beginning in 2009. S&P has considered ERM when rating financial institutions...

October 1, 2008

C-suite Influence on Excellence in Risk Management

This abstract summarizes the 2008 Excellence in Risk Management Survey conducted by the Risk and Insurance Management Society (RIMS) and Marsh. This is the fifth year that they have conducted an...

September 30, 2008

The Changing Role of the Finance Organization

Today’s focus on the rapid embrace of globalization initiatives has substantially increased the complexity and pace of change that risk executives face. Dealing with the volume and complexities of...

September 30, 2008

The Audit Committee Journey: Charting Gains, Gaps, and Oversight Priorities

This report by KPMG, LLP describes insights from audit committee members of public companies regarding audit committee priorities and processes. The data come from the 2007-2008 Public Company Audit Committee...

September 1, 2008

Managing Risks for Comparative Advantage: Five Steps to Better Risk Management

This articles highlights a five-step process to help companies make changes to better their approach to risk management in response to the developments occurring in the corporate approach to risk...

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ERM Leadership and Risk Governance Articles 189

Increasing Oversight by Audit Committees

Getting Risk Appetite Right

Risk Culture of Companies

Effects of Economic Crisis on Corporate Governance

Audit Committee Member Survey

Key Areas of Concern in Corporate Governance

Internal Auditors Partnership with Management

Boards Emphasize Risk Management to Survive Current Economic Crisis

Financial Industry Assesses Role of Risk in Credit Crisis

Global Risk Management Survey

Costs Associated with Regulatory Risks

Board Oversight of Risk Management and Executive Compensation

Improving Board Risk Oversight

Improving Board Risk Oversight

Role of Risk Managers and Continuity Planning

Preparing For S&P Integration of ERM

C-suite Influence on Excellence in Risk Management

The Changing Role of the Finance Organization

The Audit Committee Journey: Charting Gains, Gaps, and Oversight Priorities

Managing Risks for Comparative Advantage: Five Steps to Better Risk Management

Getting Started in ERM

ERM and Strategy

Key Components of ERM