Board Oversight of Management’s Risk Appetite and Tolerance
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Publication Date:
December 05, 2012
As a result of the 2008 global financial crisis, regulators, ratings agencies, and investors have heightened expectations for board oversight of risk. This Director Notes analyzes the handicaps created by current risk oversight and assurance approaches and tools, highlights six goals for boards in executing their risk oversight duties, and provides practical advice for directors on how to achieve them.
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