November 28, 2020

Download Ebook Free Influencing Enterprise Risk Mitigation

The Influence of Cryptocurrencies on Enterprise Risk Management - an Empirical Evidence by the Example of Bitcoin

The Influence of Cryptocurrencies on Enterprise Risk Management - an Empirical Evidence by the Example of Bitcoin
Author : Maximilian Bölstler
Publisher : Unknown
Release Date : 2018
Category :
Total pages :129
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This thesis analyzes the influence of cryptocurrencies in the context of risk management by considering the emerging risk factors of Bitcoin as a payment method. By means of an empirical analysis through an online survey, the current operational dealing of incoming Bitcoin funds, the risk awareness of the potential threats, and the corresponding control activities implemented by companies accepting Bitcoin payments have been examined. The results reveal that the risks of this new technology-based payment method have not been extensively evaluated and that there exists a partially significant lack of know-how. Therefore, the risks are either not at all or improperly addressed by a majority of the organizations. However, the exchange rate risk and the cyber risk, which is a strongly linked to the administration of cryptocurrencies, represent the most significant related risk factors associated with cryptocurrencies in recent times. To ensure an appropriate operational dealing with cryptocurrencies, the author presents a risk control matrix based on the results of the analysis and discusses control activities to mitigate these emerging threats. Finally, a holistic Cryptocurrency IC Framework (following the COSO 2013 IC Framework) is presented, with the objective of effectively and efficiently developing and maintaining systems of internal control with regard to cryptocurrencies.

Influencing Enterprise Risk Mitigation

Influencing Enterprise Risk Mitigation
Author : Francis J. D'Addario
Publisher : Elsevier
Release Date : 2013-09-11
Category : Business & Economics
Total pages :160
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In Influencing Enterprise Risk Mitigation, author Francis J. D’Addario draws on his many years of impressive security experience to describe business risk prevention and mitigation strategies. D’Addario, former security manager at Starbucks, Hardee’s, and Jerrico, shares stories of risk mitigation successes and failures—including natural disasters, a triple murder, and multimillion dollar fraud schemes—to help explain the need for an all-hazard risk mitigation approach. In this book, the author discusses the psychology of security, the geography of risk, and baseline identity authentication and access control measures. He also talks through the steps for making security a priority for the business, estimating return on investment for security services, and leveraging data to learn from the mistakes and successes of those who came before us. The ability to quantify the benefits of risk mitigation will influence business investment in prevention and response preparedness. Influencing Enterprise Risk Mitigation teaches us that both hazards and mitigation opportunities in the enterprise start at the individual and community level, and that recovery from a catastrophe hinges on individual and community resiliency. Influencing Enterprise Risk Mitigation is a part of Elsevier’s Security Executive Council Risk Management Portfolio, a collection of real world solutions and "how-to" guidelines that equip executives, practitioners, and educators with proven information for successful security and risk management programs. The author intertwines many years of personal experience with research and statistics to create actionable risk mitigation recommendations Covers a broad spectrum of threats—from family and community hazards to global disasters Uses real-world examples to illustrate the return on security investment and influence business management decisions

Adopting Enterprise Risk Management in Today's World: : An Evidenced Based Guide for Implementation

Adopting Enterprise Risk Management in Today's World: : An Evidenced Based Guide for Implementation
Author : Steven Deck
Publisher : Unknown
Release Date : 2018-08-17
Category : Business & Economics
Total pages :224
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Organizations are under increased pressure to manage risks. Traditionally, risk management responsibility has been delegated to individual operating units. This approach lacks an overarching strategy for managing risks and is being supplanted by an approach gaining favor in board rooms for strategically managing risks now termed enterprise risk management (ERM). As a senior leadership led initiative, ERM provides a comprehensive strategy for managing risks. However, existing ERM models often lack guidance for implementing ERM in complex organizational settings. This book examines why organizations adopt an ERM strategy and how critical success factors influence its implementation. The findings in this book are based on a review of the theoretical literature on change management, decision making, and organizational learning and a systematic review of current research on ERM. Best practices discussed in the book include approaches for adopting enterprise risk management to improve organizational performance, clarifying its purpose, reflecting the culture of the organization in its design, assigning a program champion and cross-functional implementation team, assigning risk assessment methodologies based on the type of risk, and using an ERM approach to build organizational learning and resiliency.

Enterprise Risk Management

Enterprise Risk Management
Author : David Louis Olson,Desheng Dash Wu
Publisher : World Scientific
Release Date : 2008
Category : Business & Economics
Total pages :252
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This book expands the scope of risk management beyond insurance and finance to include accounting risk, terrorism, and other issues that can threaten an organization. It approaches risk management from five perspectives: in addition to the core perspective of financial risk management, it addresses perspectives of accounting, supply chains, information systems, and disaster management. It also covers balanced scorecards, multiple criteria analysis, simulation, data envelopment analysis, and financial risk measures that help assess risk, thereby enabling a well-informed managerial decision making.The book concludes by looking at four case studies, which cover a wide range of topics. These include such practical issues as the development and implementation of a sound risk management structure; supply chain risk and enterprise resource planning systems in information systems, and disaster management.

Enterprise Risk Management

Enterprise Risk Management
Author : Gregory Monahan
Publisher : John Wiley & Sons
Release Date : 2008-09-29
Category : Business & Economics
Total pages :179
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Defining enterprise risk management -- Strategic objectives -- At-risk concept -- SOAR (the methodology) : strategic objectives at risk -- SOAR (the process) -- Set metrics for defined strategic objectives -- Observe metric values -- Analyze movements in metrics -- React to the metric analysis -- SOAR dashboard -- Existing enterprise risk management approaches -- Regulation and compliance -- Application of the concept of "shifting the distribution" -- Implementing the SOAR methodology -- SOAR in action example.

New Frontiers in Enterprise Risk Management

New Frontiers in Enterprise Risk Management
Author : David L. Olson,Desheng Wu
Publisher : Springer Science & Business Media
Release Date : 2008-04-13
Category : Business & Economics
Total pages :236
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Risk management has become a critical part of doing business in the twenty-first century. This book is a collection of material about enterprise risk management, and the role of risk in decision making. Part I introduces the topic of enterprise risk management. Part II presents enterprise risk management from perspectives of finance, accounting, insurance, supply chain operations, and project management. Technology tools are addressed in Part III, including financial models of risk as well as accounting aspects, using data envelopment analysis, neural network tools for credit risk evaluation, and real option analysis applied to information techn- ogy outsourcing. In Part IV, three chapters present enterprise risk management experience in China, including banking, chemical plant operations, and information technology. Lincoln, USA David L. Olson Toronto, Canada Desheng Wu February 2008 v Contents Part I Preliminary 1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 David L. Olson & Desheng Wu 2 The Human Reaction to Risk and Opportunity . . . . . . . . . . . . . . . . . . . 7 David R. Koenig Part II ERM Perspectives 3 Enterprise Risk Management: Financial and Accounting Perspectives . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Desheng Wu & David L. Olson 4 An Empirical Study on Enterprise Risk Management in Insurance . . 39 Madhusudan Acharyya 5 Supply Chain Risk Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 David L. Olson & Desheng Wu 6 Two Polar Concept of Project Risk Management. . . . . . . . . . . . . . . . . . 69 Seyed Mohammad Seyedhoseini, Siamak Noori & Mohammed AliHatefi Part III ERM Technologies 7 The Mathematics of Risk Transfer. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95 Marcos Escobar & Luis Seco 8 Stable Models in Risk Management. . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Implementing Enterprise Risk Management

Implementing Enterprise Risk Management
Author : John Fraser,Betty Simkins,Kristina Narvaez
Publisher : John Wiley & Sons
Release Date : 2014-10-09
Category : Business & Economics
Total pages :688
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Overcome ERM implementation challenges by taking cues from leading global organizations Implementing Enterprise Risk Management is a practical guide to establishing an effective ERM system by applying best practices at a granular level. Case studies of leading organizations including Mars, Statoil, LEGO, British Columbia Lottery Corporation, and Astro illustrate the real-world implementation of ERM on a macro level, while also addressing how ERM informs the response to specific incidents. Readers will learn how top companies are effectively constructing ERM systems to positively drive financial growth and manage operational and outside risk factors. By addressing the challenges of adopting ERM in large organizations with different functioning silos and well-established processes, this guide provides expert insight into fitting the new framework into cultures resistant to change. Enterprise risk management covers accidental losses as well as financial, strategic, operational, and other risks. Recent economic and financial market volatility has fueled a heightened interest in ERM, and regulators and investors have begun to scrutinize companies' risk-management policies and procedures. Implementing Enterprise Risk Management provides clear, demonstrative instruction on establishing a strong, effective system. Readers will learn to: Put the right people in the right places to build a strong ERM framework Establish an ERM system in the face of cultural, logistical, and historical challenges Create a common language and reporting system for communicating key risk indicators Create a risk-aware culture without discouraging beneficial risk-taking behaviors ERM is a complex endeavor, requiring expert planning, organization, and leadership, with the goal of steering a company's activities in a direction that minimizes the effects of risk on financial value and performance. Corporate boards are increasingly required to review and report on the adequacy of ERM in the organizations they administer, and Implementing Enterprise Risk Management offers operative guidance for creating a program that will pass muster.

Simple Tools and Techniques for Enterprise Risk Management

Simple Tools and Techniques for Enterprise Risk Management
Author : Robert J. Chapman
Publisher : John Wiley & Sons
Release Date : 2011-12-12
Category : Business & Economics
Total pages :480
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Your business reputation can take years to build—and mere minutes to destroy The range of business threats is evolving rapidly but your organization can thrive and gain a competitive advantage with your business vision for enterprise risk management. Trends affecting markets—events in the global financial markets, changing technologies, environmental priorities, dependency on intellectual property—all underline how important it is to keep up to speed on the latest financial risk management practices and procedures. This popular book on enterprise risk management has been expanded and updated to include new themes and current trends for today's risk practitioner. It features up-to-date materials on new threats, lessons from the recent financial crisis, and how businesses need to protect themselves in terms of business interruption, security, project and reputational risk management. Project risk management is now a mature discipline with an international standard for its implementation. This book reinforces that project risk management needs to be systematic, but also that it must be embedded to become part of an organization's DNA. This book promotes techniques that will help you implement a methodical and broad approach to risk management. The author is a well-known expert and boasts a wealth of experience in project and enterprise risk management Easy-to-navigate structure breaks down the risk management process into stages to aid implementation Examines the external influences that bring sources of business risk that are beyond your control Provides a handy chapter with tips for commissioning consultants for business risk management services It is a business imperative to have a clear vision for risk management. Simple Tools and Techniques for Enterprise Risk Management, Second Edition shows you the way.

Managing Risks

Managing Risks
Author : Anette Mikes,Robert S. Kaplan,Harvard Business School
Publisher : Unknown
Release Date : 2013
Category :
Total pages :41
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Enterprise Risk Management (ERM) has become a crucial component of contemporary corporate governance reforms. Now that principles, guidelines, and standards abound, it is time to take stock. Has the idea of ERM reached maturity with proven, unambiguous concepts and tools? Or is it still emerging and unproven? Or can it be simply taken for granted, its value "proven" by the apparent demand?

COSO Enterprise Risk Management

COSO Enterprise Risk Management
Author : Robert R. Moeller
Publisher : John Wiley & Sons
Release Date : 2011-07-26
Category : Business & Economics
Total pages :384
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A fully updated, step-by-step guide for implementing COSO's Enterprise Risk Management COSO Enterprise Risk Management, Second Edition clearly enables organizations of all types and sizes to understand and better manage their risk environments and make better decisions through use of the COSO ERM framework. The Second Edition discusses the latest trends and pronouncements that have affected COSO ERM and explores new topics, including the PCAOB's release of AS5; ISACA's recently revised CobiT; and the recently released IIA Standards. Offers you expert advice on how to carry out internal control responsibilities more efficiently Updates you on the ins and outs of the COSO Report and its emergence as the new platform for understanding all aspects of risk in today's organization Shows you how an effective risk management program, following COSO ERM, can help your organization to better comply with the Sarbanes-Oxley Act Knowledgeably explains how to implement an effective ERM program Preparing professionals develop and follow an effective risk culture, COSO Enterprise Risk Management, Second Edition is the fully revised, invaluable working resource that will show you how to identify risks, avoid pitfalls within your corporation, and keep it moving ahead of the competition.

Social and Human Elements of Information Security: Emerging Trends and Countermeasures

Social and Human Elements of Information Security: Emerging Trends and Countermeasures
Author : Gupta, Manish,Sharman, Raj
Publisher : IGI Global
Release Date : 2008-09-30
Category : Business & Economics
Total pages :412
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Provides research on the social and human aspects of information security. Presents the latest trends, issues, and findings in the field.

Enterprise Risk Management

Enterprise Risk Management
Author : Karen Hardy
Publisher : John Wiley & Sons
Release Date : 2014-09-22
Category : Business & Economics
Total pages :336
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Winner of the 2017 Most Promising New Textbook Award by Textbook & Academic Authors Association (TAA)! Practical guide to implementing Enterprise Risk Management processes and procedures in government organizations Enterprise Risk Management: A Guide for Government Professionals is a practical guide to all aspects of risk management in government organizations at the federal, state, and local levels. Written by Dr. Karen Hardy, one of the leading ERM practitioners in the Federal government, the book features a no-nonsense approach to establishing and sustaining a formalized risk management approach, aligned with the ISO 31000 risk management framework. International Organization for Standardization guidelines are explored and clarified, and case studies illustrate their real-world application and implementation in US government agencies. Tools, including a sample 90-day action plan, sample risk management policy, and a comprehensive implementation checklist allow readers to immediately begin applying the information presented. The book also includes results of Hardy's ERM Core Competency Survey for the Public Sector; which offers an original in-depth analysis of the Core Competency Skills recommended by federal, state and local government risk professionals. It also provides a side-by-side comparison of how federal government risk professionals view ERM versus their state and local government counterparts. Enterprise Risk Management provides actionable guidance toward creating a solid risk management plan for agencies at any risk level. The book begins with a basic overview of risk management, and then delves into government-specific topics including: U.S. Federal Government Policy on Risk Management Federal Manager's Financial Integrity Act GAO Standards for internal control Government Performance Results Modernization Act The book also provides a comparative analysis of ERM frameworks and standards, and applies rank-specific advice to employees including Budget Analysts, Program Analysts, Management Analysts, and more. The demand for effective risk management specialists is growing as quickly as the risk potential. Government employees looking to implement a formalized risk management approach or in need of increasing their general understanding of this subject matter will find Enterprise Risk Management a strategically advantageous starting point.

Fundamentals of Enterprise Risk Management

Fundamentals of Enterprise Risk Management
Author : John Hampton
Publisher : AMACOM
Release Date : 2014-12-03
Category : Business & Economics
Total pages :320
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One thing that will never change about the business world is the presence of risk. But risk management has changed dramatically since the 2008 financial crisis. . .and new developments in technology and communications demand up-to-the-minute approaches for defending against threats-and seizing opportunities. Extensively updated, the second edition of Fundamentals of Enterprise Risk Management examines the latest technologies such as Riskonnect and High Tech Electronic Platform (HTEP), and helps readers recognize both internal and external exposures, understand crucial concepts such as risk mapping and risk identification, and align risk opportunities with their organization's business model. Packed with practical exercises and fresh case studies from organizations such as IBM, Microsoft, Apple, JPMorgan Chase,and Sony-as well as new material on topics including the new role of Risk Owner, cutting-edge collaboration methods, and the upside of risk-this critical guide provides readers with the tools and information they need to keep their organizations as blissfully risk-free as possible.

Influence of Risk Management Practices on the Performance of Small Micro Enterprises in Eldoret Town, Kenya

Influence of Risk Management Practices on the Performance of Small Micro Enterprises in Eldoret Town, Kenya
Author : Judith Jebichii Tuwei,Latoya Cheptoo Berege
Publisher : GRIN Verlag
Release Date : 2018-09-03
Category : Business & Economics
Total pages :13
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Research Paper (postgraduate) from the year 2018 in the subject Business economics - Miscellaneous, , language: English, abstract: Risk management focuses on adopting a systematic and consistent approach to manage all of the risks confronting organization. Risks distinctiveness applicable to SMEs in Kenya include: uncertain risk, a chance of loss, normally accidental, sudden and unforeseen. This uniqueness makes entrepreneurs to seriously think about risk, its impact on their businesses and how risk can be managed. It is therefore important to investigate the influence of risk management practices on performance of small micro enterprises. Five specific research objectives guided the study i.e. to identified the Components of risk in small and medium enterprises (SMEs, to examine the various kind of risk connected with SMEs, to identified risk management methods and techniques used to determine and monitor risks within SMEs, to determine the effect of risk management practices on SMEs performance and to identify impediment associated with risk management of SMEs in Eldoret. The descriptive research was employed in the study. The target population comprises of SME operators mainly drawn manufacturing, services and processing within Eldoret CBD. The sample for the study was selected using stratified random and simple random sampling methods. The research instruments were questionnaire, observation and interview. The data was analyzed using descriptive statistics (frequency tables), while correlation and regression analysis were used to test the hypotheses. The finding of the showed that very few SME owners, managers, entrepreneurs or key designated employees make use of risk management tools and techniques within their businesses, to achieve growth and sustainability. However, the majority agreed to the high importance of risk management in the success of a business enterprise. The findings of the study furthered revealed that leverage on financial structure, issue of collateral security, incapacity to go for technological advancement; tough competition and inadequate margin are among the risk associated with SMEs. The findings of the study furthered suggest that the risk management practice has a lot of effect on SMES performance. This study is significant since it is hoped the findings and recommendations of the study will assist the policy makers in the Ministry of Trade and Industry in making appropriate decisions.

Corporate Value of Enterprise Risk Management

Corporate Value of Enterprise Risk Management
Author : Sim Segal
Publisher : John Wiley & Sons
Release Date : 2011-02-11
Category : Business & Economics
Total pages :432
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The ultimate guide to maximizing shareholder value through ERM The first book to introduce an emerging approach synthesizing ERM and value-based management, Corporate Value of Enterprise Risk Management clarifies ERM as a strategic business management approach that enhances strategic planning and other decision-making processes. A hot topic in the wake of a series of corporate scandals as well as the financial crisis Looks at ERM as a way to deliver on the promise of balancing risk and return A practical guide for corporate Chief Risk Officers (CROs) and other business professionals seeking to successfully implement ERM ERM is here to stay. Sharing his unique insights and experiences as a recognized global thought leader in this field, author Sim Segal offers world-class guidance on how your business can successfully implement ERM to protect and increase shareholder value.