February 1, 2015 2015 Report on the Current State of Enterprise Risk Management: Update of Trends and Opportunities 2015 Report on the Current State of Enterprise Risk Management: Update of Trends and Opportunities
September 1, 2014 Mitigating Asymmetric Information Risk Asymmetric Information Risk occurs when there is an imbalance of information possessed by C-suite executives and their boards of directors. Boards are susceptible to information risk given the realities that...
February 13, 2013 Top Risks on Horizon for 2013 The top risks that corporate leaders see on the horizon for the coming year include the effect that regulatory changes combined with heightened regulatory scrutiny will have on product and...
May 15, 2012 Allegations of Risk Management Overrides Swirl at JPMorgan Chase The turmoil surrounding recent announcements of over $2 billion in trading losses at JPMorgan Chase is now shining a spotlight on risk management failures at the bank. A front-page story in...
October 1, 2011 Audit Committees Call for Better Risk Management Risk management was named as a priority issue for audit committees in the 2011 Public Company Audit Committee Member Survey Report recently released by KPMG’s Audit Committee Institute. This report,...
September 1, 2011 Corporate Crisis: What are the Similarities and What Can We Learn? Cass Business School at City University - London researched some of the largest corporate crises of the last decade. While each company faced very different issues, the researchers found common...
June 14, 2011 Does Reliance on Board Subcommittees Lead to Silo-Risk Management? Most boards of directors create subcommittees to manage certain types of board oversight responsibilities. Most boards have audit committees to oversee the financial reporting process and compensation committees to oversee...
December 21, 2010 2010 Report on ERM COSO commissioned the ERM Initiative at North Carolina State University to survey senior management executives about the current state of enterprise-wide risk oversight. This report summarizes key findings from the...
February 1, 2010 Report on the Current State of Enterprise Risk Oversight: 2nd Edition This second edition report from the ERM Initiative at NC State University and the AICPA provides insight on how boards and senior management teams are responding the challenges of risk...
December 15, 2009 Where Main Street Meets the C-Suite The current economic crisis has led to negative perceptions about the role of boards and senior level management. A survey, conducted by Directorship Magazine and Deloitte , LLP and Korn/Ferry...
September 1, 2009 Current State of Enterprise Risk Management The recent economic crisis has forced many companies to evaluate their risk management process. The authors of this article conducted a survey to gain a better understanding of risk oversight....
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...
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...
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 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...
May 1, 2008 ERM: The Importance of Senior Management Buy-In and Leadership The Midwest Audit Committee Network met to discuss effective ways for boards and audit committees to oversee enterprise-wide risk management. The network is a group of audit committee chairs drawn...
December 31, 2004 Survey Data: ERM Trends This study provides data obtained from surveys of nearly 1400 chief executive officers (CEOs) about risk trends and related expectations for effective ERM practices. With CEOs note that they are more...